Tech Rivalries and Strategic Moves in the Industry

I explain the (latest) biggest crypto hack of all time, this time affecting Axie Infinity. Meta is paying to dish dirt on TikTok. Changes to Google Calendar could kneecap a bunch of startups, while the DOJ is investigating Google Maps. And signs of difficulty in two red-hot startup sectors, the instant delivery sector, and the fast checkout sector.

Sponsors:

• AltoIRA.com/techmeme

Links:

• Axie Infinity’s Ronin Network Suffers $625M Exploit (CoinDesk)
• Axie Infinity Owner ‘Fully Committed’ to Reimbursing Players After Hack (Bloomberg)
• Facebook paid GOP firm to malign TikTok (Washington Post)
• Messenger gets new shortcuts that let you send silent replies (The Verge)
• New Google Calendar feature takes the back-and-forth out of scheduling (Ars Technica)
• EXCLUSIVE-U.S. probe of Google Maps picks up speed -sources (Reuters)
• Gopuff Plans Hundreds of Layoffs to Cut $40 Million in Costs (The Information)
• Why Stripe’s ‘Fast’ Horse Is Losing the One-Click Checkout Race (The Information)

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