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Other algorithmic stablecoins are teetering. Meta is cutting back, even when it comes to the Metaverse. Could an Instacart IPO lead us out of this darkness? Disney’s streaming business is holding up. For now. And the AR demo that was the most exciting thing from the I/O keynote yesterday.
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All the headlines from Google’s I/O keynote this afternoon. The stablecoin fiasco has gotten rapidly worse. More carnage in tech stocks. Is Apple shifting to USB C for the iPhone at long last? And pour one out for the iPod, the product and brand that very much kicked off our modern era of gadgetry.
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A major algorithmic stablecoin has lost its peg to the dollar. More concerns of a slowdown as Tiger Global has racked up massive paper losses. Match Group sues Google. Has GDPR crushed the European app economy? Amazon engages mom and pop stores to deliver packages. And an interesting raise that is building the GitHub of machine learning.
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Watch iconic Broadway theatre rise 30 feet above the ground (Borat voice: MY WIFE!)
Everything is down, not just tech stocks, but now crypto too. More signs of belt tightening and possible hiring freezes, this time from Uber. Twitter has avoided the overall market route thanks to Elon’s bid, but could the downturn effect that as well? Instagram launches an NFT pilot. And what to expect from Google’s I/O later this week.
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With Apple, Google and Microsoft all signed up to offer FIDO Alliance technology, are we about to hear about some big passwordless tech at all the developers conferences this summer? China wants the whole country to turn in their foreign made laptops. Fortnite is available everywhere, including iOS, thanks to Microsoft. And, of course, the weekend longreads suggestions.
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Weekend Longreads Suggestions ™
Elon gets some friends to join his Twitter deal. And does he expect to be Twitter CEO soon? A Google acquisition shows their metaverse aspirations. Sonos to launch a voice assistant. A hiring slowdown at Meta. How can there be need for layoffs at Cameo? And is anyone other than me and the US Government concerned about quantum computing breaking encryption?
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Uber is seeing rider usage return to pre-Covid levels. New, better flash storage. Twitter tests the ability to only tweet to certain circles. An interesting laptop and an interesting raise. And Spotify wants you to hang out, in Roblox.
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What do you know? Facebook got bored of something and left the market in a bit of a mess. The SEC seems to be staffing up to get serious about crypto. Apple accuses a rival of stealing trade secrets. And it seems like Meta wants to start getting those Metaverse enabling headsets in our hands sooner rather than later.
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The expected EU hammer is coming down on Apple. Yuga Labs’ latest project didn’t bring down Ethereum, but made it hella expensive. Bots DID bring down Solana. Again. A new book looks at why Jony Ive left Apple. And what the heck is going on with Google and it’s AI researchers?
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(The audio has been fixed in this version)
How was the web won and lost? If you had to do Web2.0 over again, what would you do differently? What is the future of Twitter under Elon Musk. All this and more from a huge crew of web 2.0 OGs. Check them out from 15 years ago on YouTube.
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