Techmeme
June 13, 2022, 11:00 PM

Top News

Brandy Betz / CoinDesk:
Daniel Roberts / Decrypt:
Celsius' CEL token fell 70% in one hour after the DeFi lender suspended all customer withdrawals, amid a broader crypto market crash  —  On Sunday night, with crypto markets already in freefall, controversial crypto lender Celsius announced it was suddenly pausing all customer withdrawals, swaps, and transfers.
Bloomberg:
Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 15%+ to ~$22K, ether drops 16%+ to ~$1.2K, and Solana drops 7%+ to ~$28  —  Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through global risk assets.
Matt Turner / Bloomberg:
Gary Marcus / The Road to AI We Can Trust:
Despite differences within the AI community, pretty much all AI experts find the notion that Google's LaMDA might be sentient completely ridiculous  —  No, LaMDA is not sentient.  Not even slightly. … Blaise Aguera y Arcas, polymath, novelist, and Google VP, has a way with words.
Sarah Lord / CNET:
Amazon plans to test drone deliveries in Lockeford, California, after receiving FAA approval to service the town, for products ordered through Amazon Prime Air  —  The service will be called Prime Air and will use drones with sense-and-avoid systems to deliver packages safely.  —  Sarah Lord
Tom Warren / The Verge:
Microsoft updates Teams to improve echo cancellation and room acoustics on calls using ML models, resulting in less clipping when callers interrupt each other  —  Your Teams calls should sound a lot better  —  Microsoft has spent the past two years adding flashy new productivity features to Teams …
New York Times:
Microsoft and the CWA union announce a deal that would make it easier for Activision Blizzard's ~7,000 US employees to unionize after the acquisition closes  —  The accord could ease the path for thousands of workers to unionize at the game company Microsoft is acquiring and addresses an antitrust objection.

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Tage Kene-Okafor / TechCrunch:

Earlier Picks

Corin Faife / The Verge:
Molly White: