10 things in tech you need to know today
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1. Bitcoin could plunge 90% into a yearslong “winter.” The cryptocurrency could soon surge to $300,000 — but the bubble is likely to pop dramatically, warns a cryptocurrency exchange founder. What you need to know about the tumultuous market.
2. An old photo shows Musk and Bezos dining together before their feud ignited. Taken 17 years ago, the two tech moguls are seen having dinner together in a meeting that is said to have sparked their long-standing rivalry. See the rare photo here.
3. These VCs say travel is still worth betting on. We spoke with six investors who poured money into travel and hospitality startups throughout the pandemic, and this is what they told us.
4. Jack Dorsey just sold the first-ever tweet as a $2.9 million NFT. The Twitter CEO said he will convert the proceeds to bitcoin, then donate them to nonprofit GiveDirectly’s Africa response. This blockchain company’s CEO bought the tweet.
5. SpaceX hopes to launch and land a new prototype of its Starship this week — but the last three exploded. For the second time this month, the company is preparing to fly a prototype of its next spaceship. In the meantime, you can watch the last three explosions.
6. Top Google exec Caesar Sengupta is quitting after 15 years at the firm. Sengupta, who will leave April 30, is currently Google’s payments chief and the head of the Next Billion Users — the initiative searching for Google’s next blockbuster product. Here’s how it works.
7. Beeple, the third-most valuable artist alive, warns against investing in crypto art. The artist, who recently sold a piece for $69 million, says NFTs “will absolutely go to zero.” Here’s what else he said about investing in digital artwork.
8. Amazon illegally “intimidated and threatened” a striking worker in New York, report says. The National Labor Relations Board charged Amazon with illegal labor practices after interrogating a worker who led a walkout in March 2020. The tech giant has also been under scrutiny for its invasive use of AI — which recently led this Amazon employee to quit.
9. $95 billion Stripe wants to offer everything from corporate cards to tax advice. We took a look at the company’s expansion, and found these nine ways it’s looking to grow.
10. Amazon-backed Deliveroo is targeting a $12 billion valuation for its $2.5 billion IPO. The listing is set to be one of London’s biggest in a decade, and kicks off a series of anticipated European tech listings in 2021. This is what you can expect when the firm floats on the London Stock Exchange later this year.
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Compiled by Jordan Erb. Tips/comments? Email email@example.com or tweet @JordanParkerErb.
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