Techmeme
July 16, 2018, 10:00 AM

Top News

Kyle Samani / Multicoin Capital:
An attempt to describe Web3 stack, the many component parts of crypto ecosystem being built by hundreds of teams all over the world  —  I have yet to see an actual illustration of the Web3 stack.  So this is an attempt.  Given how expansive the Web3 ecosystem is, this diagram …
More: AVC and Token Economy
Tweets: @smleicht, @nlw, and @ricburton
Taylor Lorenz / The Atlantic:
Some of the biggest meme accounts on Instagram have gone private in recent months as their owners say it's a new way to gain followers on a crowded platform  —  Over the past six months, some of Instagram's biggest meme pages—like Shithead Steve, with more than 2.5 million followers …
Jon Fingas / Engadget:
Following the latest Mueller indictments, Twitter bans DCLeaks and Guccifer 2.0 accounts, says it is reviewing company policies and expects to make updates soon  —  The US' indictment of Russian officers over the DNC hacks is having an effect... at least, on Twitter.
Jessica Guynn / USA Today:
Facebook's diversity efforts fall short as just six African-American and ten Hispanic women serve as senior managers in the US, out of 769 such jobs  —  The global director of diversity at Facebook, Maxine Williams, says the company needs to invest in local communities in order to become more diverse.
Carole Cadwalladr / The Guardian:
Profile of UK Information Commissioner Elizabeth Denham, who gave Facebook a £500K fine over Cambridge Analytica and is investigating data misuse during Brexit  —  With the publication of an interim report on her investigation into the Brexit referendum, the information commissioner …
The Guardian:
Lancaster University's Litcraft uses Minecraft to create accurate scale models of places from books like Treasure Island to promote reading among school kids  —  Ever wanted to explore Treasure Island or pretend to be Robinson Crusoe?  Minecraft is now being used to create an 'immersive experience …
Matt Weinberger / Business Insider:
Online game creation platform Roblox, which is reportedly raising at a $2.4B valuation, says it's on track to more than double developer payouts to $70M in 2018  —  - Roblox, the video-game app that's wildly popular with younger players, is on track to pay out $70 million to its developers this year.

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Saritha Rai / Bloomberg: