Techmeme
May 20, 2022, 9:00 AM

Top News

Rich McHugh / Insider:
Docs: SpaceX paid $250K to settle a flight attendant's allegation that Elon Musk exposed himself and offered a horse in exchange for an erotic massage in 2016  —  - A flight attendant for SpaceX said Elon Musk asked her to “do more” during a massage, documents show.
Mark Gurman / Bloomberg:
Sources: Apple executives previewed the upcoming mixed reality headset to the company's board last week; Apple ramped up reality OS development in recent weeks  —  Apple Inc. executives previewed its upcoming mixed-reality headset to the company's board last week, indicating that development …
Robert Gillies / Associated Press:
Canada joins its intelligence allies in banning carriers from using Huawei and ZTE equipment for the country's 5G network, after a delay of over three years  —  TORONTO (AP) — Canadian Prime Minister Justin Trudeau's government has decided to ban China's Huawei Technologies from Canada's next-generation mobile networks.
Sean Hollister / The Verge:
Qualcomm unveils the Snapdragon 8 Plus Gen 1, says it will offer 10% faster CPU performance, 10% faster GPU clocks, and have up to 30% better power efficiency  —  Bragging rights (and battery life?) for gaming phones  —  Qualcomm's Snapdragon 8 Gen 1 set the stage for the biggest Android smartphones …
Timothy Craig / Crypto Briefing:
YC-backed DeFi startup Stablegains faces a lawsuit after losing $44M of users' funds by investing them in UST, after earlier claiming it was investing in USDC  —  Stablegains has been accused of misleading customers about where their money was going.  —  Key Takeaways
Bloomberg:
Sources: at an all-hands, Twitter's top lawyer Vijaya Gadde said there is “no such thing as a deal being on hold” and execs said Musk's deal is moving forward  —  Twitter Inc. executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk …
The Information:
Sources: Coinbase is pausing new projects, freezing hiring, cutting costs, and giving staff more stock grants after its stock fell 75%+ in the past six months  —  Cryptocurrency trading firm Coinbase, whose revenue has shrunk amid a downturn in the sector, is pausing new business projects …
Alex Heath / The Verge:
A Meta executive told employees to stop discussing abortion on Workplace, citing “an increased risk” that the company is seen as a “hostile work environment”  —  Employees say the stance runs counter to Meta policies on discussing Black Lives Matter and trans rights
Twitter:
Twitter announces a crisis misinformation policy, including adding a warning to highly visible tweets with misleading information and disabling engagement  —  Around the world, people use Twitter to find reliable information in real time.  During periods of crisis - such as situations of armed conflict …
Joseph Cox / VICE:
In a policy shift, the US Department of Justice plans to stop prosecuting good-faith security research that would have violated the Computer Fraud and Abuse Act  —  The new policy addresses decades of uncertainty around the law and security research.  —  Joseph Cox
Tonya Riley / CyberScoop:
FTC warns edtech companies to not use children's data for ads and other commercial purposes without parental consent, saying it will “vigilantly enforce” COPPA  —  The Federal Trade Commission voted 5- on Thursday to issue a policy statement warning education tech companies …

Sponsor Posts

Comprehensive.io:
Free compensation benchmarking data from 3,000 startups  —  Search by job title and get FREE access to market pay data.  Paid version helps HR teams automate comp reviews and communicate total compensation to employees.
Compound:
Personalized wealth management, built for tech people  —  Managing your finances and taxes is complicated.  Compound is how people at companies like Stripe, OpenAI, and Discord make smart decisions about their money.
Zoho:
Effortless transactions, effortless approvals: Integrating Zoho Sign with Zoho Finance apps  —  Financial transactions are at the crux of every business deal.  Each quote, estimate, or invoice has to go through multiple levels …
Bento:
Free Figma template of onboarding & activation designs  —  Take inspiration from the popular onboarding experiences in SaaS.  Adapt to your product with these reusable components and launch them in-app with Bento.
Techmeme Ride Home:
Thu. 06/08 - The Gloves Come Off In The Binance Case
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:00 AM ET, May 20, 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

Canalys:

Earlier Picks

Washington Post:
Emily Nicolle / Bloomberg:
Sarah Perez / TechCrunch:
Manish Singh / TechCrunch:
Jacob Kastrenakes / The Verge:
Keach Hagey / Wall Street Journal: