Techmeme
June 21, 2022, 12:50 PM

Top News

Andrew Rummer / The Block:
BlockFi CEO Zac Prince says the crypto lender “signed a term sheet with FTX to secure a $250M revolving credit facility”  —  - BlockFi secures $250 million revolving credit facility from crypto exchange FTX.  — The crypto lender says the deal ‘bolsters our balance sheet and platform strength.’
Financial Times:
South Korean prosecutors ban “dozens” of current and former Terraform Labs employees from leaving the country amid a probe into UST's and LUNA's collapse  —  South Korean prosecutors take action as they investigate embattled company behind the $40bn luna wipeout
Yogita Khatri / The Block:
Solana-based NFT marketplace Magic Eden raised a $130M Series B led by Electric Capital and Greylock at a $1.6B valuation, after a $27M Series A in March 2022  —  - Magic Eden has scored a $1.6 billion valuation in its latest funding round.  — The Solana-based NFT marketplace plans to launch on more blockchains.
Financial Times:
SpaceX's Starlink aid to Ukraine triggers scrutiny in China, as Chinese firms rush to deploy satellite constellations into low-earth orbit to compete  —  ‘Silicon Valley Iron Man’ is under pressure over satellites as Chinese rivals close in on Tesla  —  In the days after Vladimir Putin …
New York Times:
An investigation into Chinese government bidding documents details its huge surveillance apparatus, including ~500M cameras and extensive phone tracking tools  —  Times reporters spent over a year combing through government bidding documents that reveal the country's technological road map …
Richard MacManus / The New Stack:
The Khronos Group forms the Metaverse Standards Forum with Nvidia, Meta, Epic Games, Unity, Microsoft, W3C, and others, seeking to improve interoperability  —  Interoperability — or lack thereof — is a key issue in the nascent metaverse industry.  The Khronos Group aims to solve …
Michelle Celarier / New York Magazine:
Kashmir Hill / New York Times:
As part of its new Responsible AI Standard rules, Microsoft plans to remove Azure's facial analysis tools, which can estimate age, emotional state, and more  —  The technology giant will stop offering automated tools that predict a person's gender, age and emotional state and will restrict the use of its facial recognition tool.
Joe Rossignol / MacRumors:
iOS 16, iPadOS 16, and macOS Ventura add an Automatic Verification option, letting iCloud users bypass CAPTCHAs on websites and in apps that support the feature  —  Tapping on images of traffic lights or deciphering squiggly text to prove you are human will soon be a much less common nuisance …

Sponsor Posts

Opal:
Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Cache:
Make the most of your large stock positions  —  Cache is built for your hard-earned stocks.  Discover how to diversify tax-efficiently or borrow at lower rates.  Once for the ultra-wealthy, now available for you.
Zoho:
Rehiring  —  In today's corporate world where employee attrition rates are sky-high and nothing is permanent, Zoho Payroll's rehiring feature presents an elegant solution to a complex problem.
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
The Logan Bartlett Show:
EP 107: Steve Kaufer (Co-Founder, Tripadvisor) - Why He Left & What He's Building Now
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Thu. 06/13 - The Excel World Championships
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 12:50 PM ET, June 21, 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

Earlier Picks

Nico Grant / New York Times:
ProPublica:
Adi Robertson / The Verge:
Vishal Chawla / The Block:
Yogita Khatri / The Block:
Financial Times: