Tech Brew Ride Home Wed. 05/11 – Google I/O 2022
May 11, 2022
Google's I/O keynote reveals exciting innovations, including a new immersive view for Maps and the Pixel 6a smartphone. The tech market is facing turmoil, with steep declines in stock values and a collapse in the crypto scene. Apple might finally shift to USB-C chargers, marking a big change. Meanwhile, the iPod has officially been discontinued, spotlighting its monumental role in shaping modern technology. Get ready for a glimpse into a future filled with AR glasses and advancements in AI!
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Google I/O Announcements
- Google announced new features for Maps, including Immersive View for select cities.
- They also previewed the Pixel 7, Pixel Watch, and a new Pixel tablet.
Luna and UST Crash
- Luna and UST stablecoin continue to crash, impacting staked Luna holders.
- Stakers face a 21-day unstaking period, preventing them from quickly cashing out.
Tech Stock Carnage
- Tech stocks, especially those recently public, have experienced significant declines since November.
- Companies like Coinbase, Robinhood, and Rivian are down over 65% from their IPO prices.