Techmeme
December 25, 2018, 4:25 PM

Top News

Alastair Marsh / Bloomberg:
Crypto efforts of Goldman Sachs, Morgan Stanley, Barclays, and others are in limbo after bitcoin's months-long fall and weak demand from institutional clients  —  Goldman Sachs, Morgan Stanley and many more built it.  But they didn't come.  —  Limbo—that's where to find Wall Street when it comes to cryptocurrencies.
Wall Street Journal:
As Snap's stock hovers near its all-time low, sources describe Spiegel's instinctual and imperious style that can stifle dissent and led to the redesign debacle  —  Snap, once seen as a viable competitor to Facebook, is struggling after the CEO ignored warnings about a redesign that proved unpopular
Alex Howard / E Pluribus Unum:
Congress passes the Open Government Data Act, which requires public information to be open to the public by default in a machine readable format  —  On December 21, 2018, the United States House of Representatives voted to enact H.R. 4174, the Foundations for Evidence-Based Policymaking Act of 2017 …
Matt Sheehan / MIT Technology Review:
A history of Google's relationship with China from its first foray in 2006 to Project Dragonfly, and how Google hopes to reenter China in the era of AI  —  It used to be that while Google wanted China, China really needed Google.  Not any more.  —  Google's first foray into Chinese markets was a short-lived experiment.

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Earlier Picks

Josh Constine / TechCrunch:
Deepa Seetharaman / Wall Street Journal: