Newslit Daily
Newslit Daily
๐Ÿ’† Adam Neumann's blockchain-based redemption story now sponsored by a16z
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๐Ÿ’† Adam Neumann's blockchain-based redemption story now sponsored by a16z

Plus: Watchdogs to Joe Biden: Start leading on Congress stock-trade ban, Niantic moves beyond games with AR platform and Campfire social network, and moreโ€ฆ

Todayโ€™s pick

Adam Neumann's blockchain-based redemption story now sponsored by a16z. In a classic โ€œpivot-to-crypto-to-reinvent-yourselfโ€ moment, controversial WeWork founder Adam Neumann recently launched a startup, Flowcarbon, to sell tokenized carbonโ€ฆ (Anita Ramaswamy / TechCrunch)


Watchdogs to Joe Biden: Start leading on Congress stock-trade ban. 16 watchdog groups are demanding that Joe Biden push Congress to ban stock trades by its members. An Insider investigation published in December found widespread violations of conflicts of interest law. Biden has remained largely silent on theโ€ฆ (Dave Levinthal / Business Insider)


Niantic moves beyond games with AR platform and Campfire social network. Niantic made a name for itself in the mobile gaming industry through the enduring success of Pokรฉmon Go. Now the company is hoping to become something else: a platform for other developers to build location-aware AR apps on top of. This planโ€ฆ (Alex Heath / The Verge)


Andreessen Horowitz raises $4.5 billion crypto fund to take advantage of bargains in down market. The Silicon Valley firm announced a new $4.5 billion fund for backing crypto and blockchain companies on Wednesday. Partners Ariana Simpson Chris Dixon liken the long-term opportunity in crypto to 'the next major computing cycle,' after PCs in theโ€ฆ (Kate Rooney / CNBC)


US New-Home Sales Plunge to Lowest Since Start of Pandemic. Sales of new US homes plummeted in April by the most in nearly nine years, dented by the combination of high prices and a steep climb in mortgage rates. Purchases of new single-family homes decreased 16.6% to an annualized 591,000 pace, the weakestโ€ฆ (Jordan Yadoo / Bloomberg)


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Take care and see you tomorrow!

โ€” Jose Montes de Oca

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Newslit Daily
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