Techmeme
May 14, 2022, 4:30 PM

Top News

Edward Ongweso Jr / VICE:
A Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, and some now realize it's a Ponzi scheme  —  It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.
Yogita Khatri / The Block:
Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers  —  Quick Take  — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.
Sunil Jagtiani / Bloomberg:
Mike Masnick / Techdirt:
Texas' content moderation law is clearly unconstitutional and forces social media services to allow a torrent of spam or face a deluge of frivolous litigation  —  So, I already had a quick post on the bizarre decision by the 5th Circuit to reinstate Texas' social media content moderation law …
Cat Zakrzewski / Washington Post:
Sohee Kim / Bloomberg:
Sources: Samsung is talking to foundry clients about hiking chipmaking prices by up to 20% in 2022, joining TSMC and UMC, which are planning more price hikes  —  Samsung Electronics Co. is talking with foundry clients about charging as much as 20% more for making semiconductors this year …
Taylor Lorenz / Washington Post:
A look at My Friends My Data, a group of startup founders pushing for laws to force tech giants like Meta and Alphabet to let users move followers between apps  —  A new coalition of start-ups is calling on tech giants to allow creators to reach followers on more platforms.
Nivedita Balu / Reuters:
Source: @elonmusk and @elonmuskMore: Axios, Insider, Livemint, Washington Post, Wall Street Journal, On my Om, CNBC, MSPoweruser, The Verge, Washington Post, The Information, iPhone in Canada Blog, CNBC, Axios, Bitcoinist.com, BBC, Neowin, The Economic Times, Financial Times, New York Post, New York Times, Axios, Social Media Today, Los Angeles Times, Bloomberg, and Digital Trends
Matt Levine / Bloomberg:
Joshua Oliver / Financial Times:
An interview with Sam Bankman-Fried on crypto hype, blockchain's potential to build a fairer financial system, bitcoin as an asset, philanthropy, and more  —  When an aide told me that “one of our drivers” would pick me up for my lunch with Sam Bankman-Fried, I imagined a hulking black SUV …
Benjamin Pimentel / Protocol:
A Q&A with SEC Commissioner Hester Peirce, on her criticisms of the SEC's approach to crypto, chair Gary Gensler's leadership, being called “Crypto Mom”, more  —  SEC Commissioner Hester Peirce is celebrated in memes as “Crypto Mom.”  She's considered crypto's staunchest ally …
Brian Heater / TechCrunch:
The Economic Times:
Sources: Amazon, Flipkart, and Reliance Retail are in talks to join India's open e-commerce network, which aims to break the dominance of large e-commerce firms  —  Logistics providers Ekart, Dunzo sign up on network; PhonePe in final stages of integration  —  Bengaluru: Ecommerce majors …

Sponsor Posts

Airtable:
Deep analysis for deep questions  —  Introducing Superagent.  A new research product from Airtable: Subagents deeply interrogate your topic and turn it into boardroom-ready reports, slides, docs, or websites.
Clay:
Turn any GTM idea into reality  —  Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Zoho:
App Spotlight: Plug&Play AI Email Assistant for Zoho CRM  —  Our App Spotlight brings you hand-picked apps to enhance the power of your Zoho apps and tools.  Visit Zoho Marketplace to explore all of our apps …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
Sequoia CEO coach: Why it's never been easier to start a company, and never been harder to scale one | Brian Halligan (co-founder, HubSpot)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Is Something Big Happening?, AI Safety Apocalypse, Anthropic Raises $30 Billion
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
'Something Big Is Happening' + A.I. Rocks the Romance Novel Industry + One Good Thing
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Cheeky Pint:
Ben Thompson from Stratechery on AI ads, the end of SaaS, and the future of media
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
The Nick, Dick and Paul Show:
The Billionaire Button w/ Tim Wu
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:30 PM ET, May 14, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

David Jones / Cybersecurity Dive:

Earlier Picks

Mark Gurman / Bloomberg: