
Fri. 06/13 – Stablecoins Everywhere
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Do people know when they’re using the MetaAI app, it’s public? Chime had a successful IPO so let me tell you about my IPO-meter. The financials behind that fully-AI commercial running during the NBA playoffs. More signs stablecoins are taking over, but in the Longreads, do stablecoins represent a unique danger to the global financial system?
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Links:
- The Meta AI app is a privacy disaster (TechCrunch)
- Meta Risks Regulatory Scrutiny in Pursuit of Scale AI (Bloomberg)
- Apple Targets Spring 2026 for Release of Delayed Siri AI Upgrade (Bloomberg)
- Chime pops 37% in Nasdaq debut after pricing IPO above expected range (CNBC)
- Walmart and Amazon Are Exploring Issuing Their Own Stablecoins (WSJ)
- Here’s the $2,000 fully AI-generated ad that aired during the NBA Finals (The Verge)
Weekend Longreads Suggestions:
- Why we should worry about the rise of stablecoins (FT)
- Nintendo Switch 2 review: bigger, faster, and the best handheld since Game Boy (The Shortcut)
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