Techmeme
June 19, 2022, 6:45 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.
Emily Baker-White / BuzzFeed News:
Leaked audio from 80+ internal TikTok meetings: ByteDance staff in China repeatedly accessed data about US TikTok users between September 2021 and January 2022  —  For years, TikTok has responded to data privacy concerns by promising that information gathered about users in the United States …
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.”
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
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 …
Manish Singh / TechCrunch:
India lifts its ban on Mastercard from issuing debit, credit, or prepaid cards after the company showed “satisfactory compliance” with local data storage rules  —  India has lifted business restrictions on Mastercard, nearly a year after imposing the ban, once again allowing …

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