Techmeme
May 31, 2022, 2:15 AM

Top News

Paul Alcorn / Tom's Hardware:
Top500: the US' AMD-powered Frontier is now the world's fastest supercomputer, topping 1,102 petaflops/second, overtaking Japan's Fugaku at 442 petaflops/second  —  AMD-powered systems now comprise five of the top ten fastest supercomputers  —  The AMD-powered Frontier supercomputer …
Vishal Chawla / The Block:
BlockSec: a buggy smart contract on Mirror Protocol, a Terra DeFi app for betting on stocks using synthetic assets, was exploited for ~$90M over seven months  —  Quick Take  — The exploit was accidentally discovered by a Terra community member last week.  — It has been confirmed by security analysts BlockSec.
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 …
Benjamin Mayo / 9to5Mac:
Kuo: TSMC's 2021 public roadmap suggests that 2022's iPhone “A16” chip will continue to use a 5nm process and new Macs later in 2022 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 …
Mark Gurman / Bloomberg:
Karen Hao / Wall Street Journal:
Report: Google, Bing, and YouTube regularly return Chinese state media content in the top US results on China's human-rights record and the origins of COVID-19  —  On issues important to Beijing, official Chinese sources also enjoy strong placement on YouTube and other widely used U.S. services, a new report finds
Wall Street Journal:
Sequoia, YC, Craft Ventures, and other VCs give startups advice on surviving the downturn; Lightspeed: “boom times of the last decade are unambiguously over”  —  Venture-capital firms tell portfolio companies to buckle down for the long haul; ‘before you thrive, you have to survive’
Zeyi Yang / MIT Technology Review:
Many developers suspect that China has forced Gitee, the Chinese competitor to GitHub, to censor open-source code, a move that harms trust and code quality  —  Many suspect the Chinese state has forced Gitee, the Chinese competitor to GitHub, to censor open-source code in a move developers worry could obstruct innovation.
Dan Taylor / Tech.eu:
London-based Florence, a marketplace that connects vacant care home shifts to local nurses and carers looking for extra work in the UK, raises a $35M Series B  —  Connecting vacant care home shifts to local nurses and carers looking for extra work, Florence has raised $35 million in a Series B round.
Will Goodbody / RTÉ:
Ireland-based TransferMate, a B2B payments infrastructure startup, raises $70M at a $1B valuation, making it the first Irish unicorn led by a female CEO  —  Irish business to business payments infrastructure company, TransferMate, has secured $70m in fresh funding, at a new valuation of $1 billion.

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Featured Podcasts

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Tobi Lütke on the AI agent revolution and future of Shopify
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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European Defense Sovereignty Starts in the Factory: Stark's Uwe Horstmann and Johannes Schaback
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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The airline CEO putting Starlink on every plane
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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More News

Amanda Hess / New York Times:

Earlier Picks

Nature:
Olga Kharif / Bloomberg: