Techmeme
May 30, 2022, 10:40 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans an always-on lock screen for the iPhone 14 Pro, major iPadOS windowing and multitasking changes, and iOS-like System Preferences for macOS  —  Apple's upcoming iOS 16 is likely to upgrade the lock screen, messaging and health features.  Also: Another Apple car manager leaves …
Benjamin Mayo / 9to5Mac:
Kuo says that TSMC's roadmap from 2021 suggests this year's iPhone “A16” chip will stick to a 5nm process and new Macs later this year will also have a 5nm CPU  —  Analyst Ming-Chi Kuo pointed out on Twitter today that the public roadmap for TSMC's silicon processes indicates …
Sujith Somraaj / Decrypt:
As Terraform Labs rebooted the Terra blockchain, freshly minted LUNA tokens started trading on exchanges and swiftly plummeted about 70% from the opening price  —  After peaking at $19.54 earlier on Saturday, it's been mostly downhill.  —  Terraform Labs early Saturday launched a new version …
Paul Alcorn / Tom's Hardware:
Top500: the US' AMD-powered Frontier supercomputer becomes the fastest in the world, topping 1.102 exaflops/second, overtaking Japan's Fugaku by a wide margin  —  AMD-powered systems now comprise five of the top ten fastest supercomputers  —  The AMD-powered Frontier supercomputer …
Olga Kharif / Bloomberg:
Nansen: TerraUSD's collapse likely wasn't due to a single attacker but resulted from the investment decisions of a few, large UST holders like Celsius Network  —  The collapse of the TerraUSD (UST) stablecoin that sent shockwaves throughout the crypto ecosystem can't be attributed to a single attacker, according to researcher Nansen.
Wall Street Journal:
Sequoia, YC, Craft, Lightspeed, and other VC firms offer advice to startups to prepare for a downturn; Lightspeed says boom times are “unambiguously over”  —  Venture-capital firms tell portfolio companies to buckle down for the long haul; ‘before you thrive, you have to survive’
Yang Jie / Wall Street Journal:
Chinese government data: smartphone shipments in the country fell 30% YoY to ~86M units in the first four months of 2022 amid the resurgence of COVID-19  —  From Apple to chip makers, companies warn of fewer shipments and weaker consumer spending in the world's biggest smartphone market
Washington Post:
Will Goodbody / RTÉ:
Ireland-based TransferMate, a B2B payments infrastructure company, raises $70M at a $1B valuation, bringing its total funding to $130M  —  Irish business to business payments infrastructure company, TransferMate, has secured $70m in fresh funding, at a new valuation of $1 billion.
Bloomberg:
Dubai-based ride sharing service Swvl plans to cut 32% of its workforce, or around 400 people, after going public via SPAC on April 1  —  Sign up for our Middle East newsletter and follow us @middleeast for news on the region.  —  Swvl Holdings Corp., a Dubai-based ride sharing firm …
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