Techmeme
June 19, 2022, 9:10 PM

Top News

Bloomberg:
Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021  —  Bitcoin plunged through several closely watched price levels to the lowest since late 2020 as evidence of deepening stress within …
Wall Street Journal:
The total value of all cryptocurrencies has gone down by roughly $2T, or two-thirds, since bitcoin hit its all-time high in November 2021  —  The cryptocurrency industry was built on swagger, enthusiasm and optimism.  All three are in short supply these days, as losses and layoffs mount.  —  1x
Rest of World:
Despite rocketing inflation and a cratering crypto market, many Latin American traders still see crypto as a way to circumvent unstable or stagnant economies  —  Caught between rocketing inflation and a cratering crypto market, many stick with Bitcoin.  —  • MEXICO CITY, MEXICO
New York Times:
Apple employees at a store in Towson, Maryland vote 65-33 to unionize, making it the company's first US store where employees voted in favor of unionizing  —  Roughly two-thirds of employees at the store in Towson, Md., voted to join the union.  — Give this article- - - Read in app
Kishan Vyas / XDA Developers:
WhatsApp rolls out new privacy control settings to all users, giving them more control over who can see their Profile Photo, About, Last Seen, and Status  —  WhatsApp is rolling out new privacy control settings to provide users greater control over who can see their profile photo, “About,” “Last seen,” and WhatsApp Status.
Elizabeth Dwoskin / Washington Post:
Interviews with members of Peter Thiel's inner circle describe how he came to the decision to leave Meta's board, a departure that was years in the making  —  Inside the billionaire investor's journey from Facebook board member to an architect of the new American right
Aisha Malik / TechCrunch:
Meta unveils Avatars Store, where users can buy digital clothes for their avatars, that is set to become a marketplace where developers create and sell clothing  —  Meta CEO Mark Zuckerberg announced today that the company is launching a digital designer clothing store called the “Meta Avatars Store.”
Mary Ann Azevedo / TechCrunch:
David Shepardson / Reuters:
The US FAA says Verizon and AT&T agreed to delay some C-Band 5G usage until July 2023 as airlines retrofit some airplane radio altimeters to limit interference  —  The Federal Aviation Administration said Friday that Verizon Communications (VZ.N) and AT&T (T.N) have voluntarily agreed …
Christopher Mims / Wall Street Journal:
A look at the safety and economics of autonomous trucks as Aurora and TuSimple say they plan to have commercial-trucking services in the US by the end of 2023  —  Autonomous trucks that mostly stick to highways could make sense, both technologically and economically, in ways robotaxis have not.
Dan Seifert / The Verge:
Microsoft's Surface Duo 2 is finally a compelling dual-screen phone, after many software updates and a $500 price cut, but it works best as a secondary device  —  It's exceedingly rare that a product actually gets better months after it was released.  But Microsoft's oft-forgotten Surface Duo 2 …

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