After UST's collapse, most rival algorithmic stablecoins are below the dollar peg; Tether and USDC, the two largest, are mostly holding their dollar peg
Stablecoins besides TerraUSD are failing to live up to their billing as the collapse of the algorithmic token has investors pondering …
Bitcoin dropped below $26,000 for the first time since December 2020, down 15% in 24 hours; Ether dropped as low as $1,720, its lowest level since July 2021
- The price of bitcoin plunged below $26,000 on Thursday, hitting its lowest level in 16 months.
A US appeals court rules 2-1 to let Texas enforce a social media law stopping Twitter, Facebook, and other services with 50M+ users from moderating content
A judge blocked a similar law in Florida on First Amendment grounds — The controversial Texas social media law HB 20 …
Tether, the largest stablecoin, briefly drops to a 24-hour low of $0.96; Binance USD and USDC are both trading at around $1
Quick Take — Tether dropped below $0.96 on Thursday morning. — The stablecoin is designed to keep a constant peg with the dollar.
Brian Armstrong says there's “no risk of bankruptcy” after Coinbase said in its filing that its users might lose all their crypto if the exchange goes bankrupt
Shares in crypto exchange fall 23% after bleak results and new risk disclosure — Shares in cryptocurrency exchange … Source: @brian_armstrong .
A look at Google's “ambient computing” strategy, a bid to unify its disparate hardware lines, led by the Pixel team
Making ambient computing happen is forcing Google to change how it does everything — The story of this year's Google I/O actually started three years ago.
Google unveils the $449 Pixel 6a, with its Tensor chip, 6.1" OLED screen, in-display fingerprint sensor, 12.2MP wide and 12MP ultra-wide rear cameras, and more
Damien Wilde / 9to5Google :
Google updates Maps with an “immersive view”, which combines Street View and aerial shots, for select cities, and will let third-party apps use Live View's AR
and even feel like you're right there. It uses advances in computer vision and AI to fuse together billions of Street View images. #GoogleIO https://twitter.com/... @searchliaison : Imagine you want t...
After mocking Apple for removing the iPhone headphone jack in an August 2021 ad for the Pixel 5a, Google quietly removes the headphone jack on the Pixel 6a
The Pixel 6A offers a lot of good features, but not a headphone jack — Google just revealed the Pixel 6A at Google I/O on Wednesday …
Bitcoin price fluctuations increasingly mirror the broader tech stock market, as the recent downturn shows, belying its allure as a hedge against inflation
The cryptocurrency's plunging value has mirrored losses in the Nasdaq, a benchmark that's weighted toward tech stocks.
MicroStrategy's massive bitcoin bet is underwater on paper as bitcoin trades around $28,000; MicroStrategy holds 129,218 BTC, bought for $30,700 on average
Quick Take — Bitcoin's price fall has led to unrealized losses for MicroStrategy. — The Nasdaq-listed company is currently sitting on a paper loss of $330 million.
Google I/O presented a modest vision of the future, offering subtle changes to existing products; executives said “help”, “helping”, or “helpful” over 50 times
Daisuke Wakabayashi / New York Times : Tweets: @stevesi , @micahzenko , @daiwaka , and @raywongy Tweets: Steven Sinofsky / @stevesi : Google Offers a More Modest Vision of Future https://www.nytimes....
Google releases Android 13 Beta 2 with finer privacy controls, an improved Material You theme system, the ability to change the language of each app, and more
At its Google I/O event on Wednesday, Google released the second beta of Android 13. The search giant highlighted several …
Sources: Terraform Labs CEO Do Kwon pseudonymously co-founded Basis Cash, a failed algorithmic stablecoin set up in 2020 that peaked at $174M total value locked
SoftBank reports a $26.2B full year loss for its Vision Fund unit, leading the group to a $13.15B annual net loss, as stocks decline and inflation rises
SoftBank Group Corp (9984.T) reported on Thursday a record loss of $26.2 billion at its Vision Fund unit as the tech conglomerate's portfolio …
Google unveils the Pixel Watch with a round glass cover that curves all the way to the metal sides, Fitbit integration, and a clickable crown, coming this fall
Abner Li / 9to5Google :
Google plans to launch an Android-based Pixel Tablet in 2023, with speakers and a rear camera, after killing its Chrome OS-based Pixel Slate in February 2021
Brian Heater / TechCrunch :
Google will update over 20 apps with tablet optimizations in the coming weeks, as the company seeks to improve Android on large-screen devices
More than 20 Google apps will be updated with tablet optimizations in the coming weeks. — There's a reason why the word tablet is synonymous with iPad.
Google confirms that Messages for Android will get end-to-end encryption for RCS group chats, rolling out “later this year” in open beta
Ben Schoon / 9to5Google :
Twitter launches Data Dash, a browser game intended to help explain some of its privacy settings, as part of a bigger push around its rewritten privacy policy
Avoid ads and trolls in Twitter Data Dash — Twitter released a new browser game on Wednesday that's intended to help explain some of its privacy settings.
Google updates Nest Hub Max with quick phrases and Look and Talk, which lets users look at the display and ask a question without having to say “Hey Google”
the model learned to translate without ever seeing translations in these languages. https://blog.google/... Garrett Sussman / @garrettsussman : The potential for Google Lens is fascinating. From disco...
Google announces Workspace updates, including AI-powered tools to control how users look and sound on Meet and automated transcriptions of Meet meetings
Making your Meet meetings a little better — There's a good chance you've spent much of the last two-plus years sitting at home …
Google updates Google Translate with support for 24 additional languages, including regional dialects from India, South America, and Africa, used by 300M people
Q&A with crypto skeptic Molly White, who runs Web3 Is Going Just Great, on Web3's evolving problems and cultural draw, blockchain privacy issues, and more
Welcome to Web3 — What Is Web3? — Why Blockchain's Ethical Stakes Are So High Web3 Will Run on Cryptocurrency What a DAO Can — and Can't — Do Tweets: @molly0xfff , @theburningmonk , @morganricks1 ...
Mark Zuckerberg gives an early look at mixed reality on Meta's Project Cambria headset; Meta announces Presence Platform to let developers make MR apps
A demo of Meta Cambria demonstrates how it blends AR and VR, while Quest 2 headsets could be used to develop apps in the meantime. — Scott Stein
Google and Samsung announce Health Connect to simplify connectivity between health and fitness apps and allow users to share their data across apps
At its Google I/O developer conference, Google and Samsung today announced Health Connect, a new initiative that will simplify …
Sources: Instacart confidentially filed documents for an IPO, which could happen as soon as 2022, though the timing could slip or the startup could stay private
Instacart Inc., the grocery delivery platform, has confidentially filed documents for an initial public offering, according to people with knowledge of the matter.
Creators who quit YouTube keep returning despite “YouTube brain”, where creators are creatively and financially subject to the whims of viewer attention spans
Prominent YouTubers keep quitting the platform and then coming back. Call it the result of YouTube brain. Tweets: @mattnavarra , @matt_on_tech , and @taylorlorenz See also Mediagazer Tweets: Matt Nav...
An interview with James Park, Fitbit co-founder and Google's wearables division head, on how the Pixel Watch factors into Fitbit and its future plans, and more
James Park talks to CNET about the Google Pixel Watch, and where Fitbit's vision goes from here. — Scott Stein
Foxconn reports Q1 net profit rose 5% YoY to ~$985M but warns that Q2 revenue could slow due to rising inflation, cooling demand, and supply chain issues
Shovel and FoxConn logo are seen before the arrival of U.S. President Donald Trump for the Foxconn Technology Group groundbreaking ceremony …
Google unveils “Multisearch Near Me”, which in 2022 will let users take a picture or a screenshot of products to find retailers and restaurants that offer them
Mercury Research: AMD had a record 27.7% of the x86 market in Q1, up from 25.6% in Q4 2021, even as desktop PC units suffered a 30% quarterly decline
The Mercury Research CPU market share results are in for the first quarter of 2022, and the results are somewhat dire …
The US Senate votes 51-50 to confirm privacy expert Alvaro Bedoya to the FTC, replacing former Commissioner Rohit Chopra and establishing a Democratic majority
Democrats now have a majority on the Federal Trade Commission to protect consumers and crack down on Big Oil price gouging. Every Republican voted against him. Richard Blumenthal / @senblumenthal : Al...
Google says that RCS messaging in the Messages app for Android has 500M+ MAUs, and implores all mobile OSes to “upgrade”, in a dig at Apple
Disney's streaming subscribers hit 205.6M globally in Q2: Disney+ added 7.9M subscribers to reach 137.7M, Hulu added 300K to 45.6M, and ESPN+ added 1M to 22.3M
Alex Weprin / The Hollywood Reporter :
In a first, Meta withdraws its policy guidance request from the Oversight Board about Russia's invasion of Ukraine, over “ongoing safety and security concerns”
Sources: the SEC is probing Elon Musk's late filing about his Twitter shares on April 4, 10+ days after his stake passed the 5%+ trigger point for disclosure
Dave Michaels / Wall Street Journal :
A San Francisco Police department training document notes that video footage from continuously recording autonomous vehicles can be obtained as evidence
and they never should be. Giving the police access to the massive amounts of information they collect is a recipe for abuse. https://www.vice.com/... @becomingdatasci : Cops have access to doorbell ca...
Google teases an early look at lightweight AR glasses that can display the text of a conversation, transcribed and translated in real time
Brian Heater / TechCrunch :
Google announces the Pixel Buds Pro with ANC, pass-through, and spatial audio coming later in 2022 via an OTA update, available for preorder on July 21 for $199
Teases Pixel 7, Pixel Watch, and Pixel Tablet Paul Lilly / HotHardware.com News : OnePlus Nord Buds Are Ready To Jam With Dolby Atmos And A Budget Price Viraj Gawde / Pricebaba.com Daily : Google Pixe...
Google adopts the 10-grade Monk Skin Tone Scale to teach diversity to its AI, replacing the six-tone Fitzpatrick Scale; the first results hit the US this week
Sonos plans to launch its Sonos Voice Control assistant to all its voice-enabled smart speakers via a software update in the US on June 1 and in France in 2022
Spotify promotes Bill Simmons to oversee global sports strategy and names Parcast founder Max Cutler as head of creator content and partnerships
Ariel Shapiro / The Verge :
BVNK, which offers payments and banking services for crypto-native businesses, raises a $40M Series A led by Tiger Global at a $340M post-money valuation
Romain Dillet / TechCrunch :
Andrew Bosworth told Reality Labs staff that Meta plans to cut or delay some projects and details will come within a week; Meta says there won't be layoffs
Katie Paul / Reuters :
Tifin, a marketplace for investments in wealth and asset management, raises a $109M Series D at an $842M valuation, 18 months after raising its Series A
Anita Ramaswamy / TechCrunch :
African payments company Interswitch raises $110M from LeapFrog and Tana Africa, three years after Visa paid $200M for a 20% stake
TechCrunch :
São Paulo-based Dock, a full-stack payments and digital banking service, raises $110M led by Lightrock and Silver Lake Waterman at a $1.5B+ valuation
Mary Ann Azevedo / TechCrunch :
Google launches Flutter 3, making the multiplatform UI development framework generally available on Linux and macOS, as well as adding support for Apple Silicon
The culmination of our journey to multiplatform UI development on phone, desktop, and web Tweets: @flutterdev : 🥳 Introducing Flutter 3 at #GoogleIO! Now featuring: 🚀 Stable support for macOS and Linu...
Nexite, which develops a tagging system and data platform to track merchandise in physical stores, raises a $67M Series C, bringing its total funding to $100M
Ingrid Lunden / TechCrunch : Tweets: @pitango , @calcalistech , and @batteryventures Tweets: @pitango : After three years of R&D, Nexite is announcing their $67m #SeriesC, for a total of $100m overal...
Source: Chelsea Football Club struck a £20M shirt-sleeve sponsorship deal with crypto trading app WhaleFin, owned by Singapore-based Amber Group, in January
Samuel Agini / Financial Times :
Bumble's shares jump 10%+ to as high as $20.67 after hours, after beating estimates with a Q1 revenue of $211.2M, up 24% YoY, and paying users up 7% YoY to 3M
Michael Tobin / Bloomberg :
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.