Techmeme
May 13, 2022, 2:30 PM

Top News

Nivedita Balu / Reuters:
Source: @elonmusk and @elonmuskMore: Wall Street Journal, Washington Post, The Verge, Axios, Bloomberg, Android Police, Fortune, SiliconANGLE, Protocol, Financial Times, NPR, Crunchbase News, San Francisco Business Journal, Engadget, HotHardware.com News, BBC, 9to5Mac, New York Times, The Economic Times, Axios, Moneycontrol, ZDNet, The Verge, CNN, Associated Press, Digit, TechCircle, The Guardian, Variety, Observer, Tom's Guide, Cryptonews, Fortune, Bloomberg, TechCrunch, iMore, The Hollywood Reporter, Silicon Republic, TechSpot, Insider, VICE, Protocol, Variety, The Wrap, Financial Times, BuzzFeed News, Uniic Media, and CoinDesk
Matt Levine / Bloomberg:
By tweeting that the deal is on “hold”, Musk is yet again committing “lite securities fraud” while laying the groundwork to walk away or renegotiate the price  —  Programming note: Money Stuff was supposed to be off today, but then my boss, Elon Musk, called me in to work anyway.
Bloomberg:
Sunil Jagtiani / Bloomberg:
Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed  —  The blockchain behind the collapsed TerraUSD stablecoin and the affiliated Luna token stopped processing new transactions for the second time in less than a day.
Joanna Ossinger / Bloomberg:
Mark Gurman / Bloomberg:
Sources: Apple is testing iPhones with a USB-C port, and adapters for Lightning accessories, for 2023 at the earliest, to help it conform with looming EU rules  —  Apple Inc. is testing future iPhone models that replace the current Lightning charging port with the more prevalent USB-C connector …
Jane Lanhee Lee / Reuters:
Arm reports record 2021 revenue, up 35% YoY to $2.7B, due to licensing up 61% YoY to $1.13B and royalties up 20% YoY to $1.54B; 29.2B ARM chips shipped in 2021  —  SoftBank Group Corp's(9984.T) chip technology firm Arm Ltd on Thursday reported record revenue for 2021, and Chief Executive …
David Ingram / NBC News:
Some local officials forced US schools and libraries to shut down or limit e-reader apps like Epic and OverDrive after conservative parents objected to content  —  E-reader apps that became lifelines for students during the pandemic are now in the crossfire of a culture war raging over books in schools and public libraries.
Paresh Dave / Reuters:
US states and local governments are backing off banning facial recognition, amid rising crime and increased lobbying from facial recognition developers  —  Facial recognition is making a comeback in the United States as bans to thwart the technology and curb racial bias in policing come under threat amid …

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