Techmeme
May 16, 2022, 3:00 PM

Top News

CoinDesk:
Luna Foundation Guard says the company depleted its bitcoin reserves from ~80K to 313 and plans to use its remaining assets to compensate UST users  —  The announcement comes after criticism of the Luna Foundation Guard's “lack of transparency.”  —  The Luna Foundation Guard (LFG) …
Hannah Miller / Bloomberg:
Parag Agrawal / @paraga:
Rand Fishkin / SparkToro:
Analysis: 44,058 randomly selected public Twitter accounts that have tweeted in the past 90 days and could resemble mDAUs shows 19.42% are likely spam or fake  —  TL;DR - From May 13-15, 2022, SparkToro and Followerwonk conducted a rigorous, joint analysis of 44,058 public Twitter accounts active in the last 90 days.
Oli Welsh / Polygon:
Sony sets the games lineup for PS Plus, launching in Asia on May 24, Japan on June 2, the Americas on June 13, and Europe, Australia, and New Zealand on June 23  —  PS2 emulation appears to be missing from disappointing offering of classic games  —  Sony has announced the initial lineup …
Sarah Perez / TechCrunch:
Apple Podcasts gains storage clean-up tools and annual subscriptions support; this fall, creators will be able to upload podcasts from third-party providers  —  As the battle for podcaster talent and distribution heats up among providers, Apple this morning announced the launch of several …
Rebecca Bellan / TechCrunch:
Uber Eats launches two autonomous delivery pilots in Los Angeles with robotic sidewalk delivery startup Serve Robotics and autonomous tech startup Motional  —  Uber Eats is launching two autonomous delivery pilots in Los Angeles on Monday with Serve Robotics, a robotic sidewalk delivery startup …
Quartz:
MiamiCoin is down ~95% in value from its September peak, after the city promoted it to Miami residents and made millions of dollars through its CityCoins deal  —  On Feb. 2, the city of Miami cashed out its cryptocurrency MiamiCoin for the first time, depositing $5.25 million into city coffers.
New York Times:
Live broadcasts and shared videos of mass shootings again raise questions about social networks' role in curbing violent and hateful content from proliferating  —  Gunmen say they are influenced by online screeds and broadcasts of past shootings.  Do social media sites have a responsibility to rein in hateful and violent content?
Kellen Browning / New York Times:
Jessica Bursztynsky / CNBC:
DWAC's SEC filing details Donald Trump's commitments to Truth Social, including posting there first and waiting six hours before posting to Twitter or elsewhere  —  - Donald Trump plans to partially restrict himself on social media like Twitter, according to an SEC filing from the blank check company taking …
Ryan Weeks / The Block:
Elwood Technologies, a crypto-focused market access and trading service for institutional investors, raises a $70M Series A led by Goldman and Dawn Capital  —  Quick Take  — Goldman Sachs, Barclays and CommerzVentures invested in the Series A round alongside venture capital firms.
Stuart Dredge / Music Ally:
Spotify confirms it is testing a feature that lets select artists promote “third-party NFT offerings” on their profiles, visible to Android users in the US  —  Artists can already promote merch and tickets on their Spotify profiles.  Now the streaming service is testing a feature that will let them also promote their NFTs.

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Elaine Moore / Financial Times:
Joshua Oliver / Financial Times: