EU Antitrust Investigations and Crypto Innovations

Russia moves to ban Instagram and designate Meta as an “extremist organization.” The EU and UK open an antitrust probe into Google and Meta about ads collusion. Stripe now supports crypto. And, of course, the weekend longreads suggestions.

Sponsors:

• WealthFront.com/techmeme

Links:

• Russia Asks Court to Label Facebook, Instagram as ‘Extremist’ (Bloomberg)
• DuckDuckGo reverses course, will demote Russian propaganda in search results (Engadget)
• EU and UK open antitrust probe into Google and Meta over online ads (FT)
• Stripe launches payments support for crypto businesses, partners with FTX (The Block)
• The great NFT sell-off: has the digital collectibles craze hit its peak? (FT)

Weekend Longreads Suggestions:

• The Great Tech Hub Exodus Didn't Quite Happen (Wired)
• Deep Learning Is Hitting a Wall (Nautilus)
• Will Transformers Take Over Artificial Intelligence? (Quanta Magazine)
• The rise of Canva, the $40 billion design juggernaut (Fast Company)
• AngelList: A Venture Constellation (The Generalist)

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