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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More News

Amanda Hess / New York Times:

Earlier Picks

Nature:
Olga Kharif / Bloomberg: