The Evolution of Financial Tech and the Rise of Generative AI

A check-in with Elon and Twitter sees things pretty much as they’ve been for about a year now. Is Amazon about to release a low-cost cell phone plan for Prime members? Airbnb is suing New York City over a new law it sees as an existential threat. And, of course, the weekend longreads suggestions.

Sponsors:

• The Traceroute Podcast

Links:

• Twitter's head of trust and safety says she has resigned (Reuters)
• Elon 'The Dogefather' Musk Accused of Insider Trading (Gizmodo)
• Russia accuses US of hacking thousands of Apple devices to spy on diplomats (The Record)
• Amazon Is in Talks to Offer Free Mobile Service to US Prime Members (Bloomberg)
• Airbnb sues NYC over new rules requiring hosts to register their homes as short-term rentals (Gothamist)
• Planned Layoffs Have Quadrupled So Far This Year in the US (Bloomberg)

Weekend Longreads Suggestions:

• How a $13 Billion Fintech That Angered Jamie Dimon Won Over Banks (Bloomberg)
• A Week With the Wild Children of the A.I. Boom (NYTimes Magazine)
• China Is Drilling a 10,000-Meter-Deep Hole Into the Earth (Bloomberg)

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