🤑 Highflying Tiger Global Humbled by Unraveling of Giant Tech Bet

Plus: How Anonymous Is Bitcoin, Really?, Musk accuses Twitter of 'resisting and thwarting' his right to information on fake accounts, and more…

Today’s pick

Highflying Tiger Global Humbled by Unraveling of Giant Tech Bet. Tiger Global Management rode the tech boom like no other investment firm. It was funding more startups than any other U.S. investor when the market peaked last year, and had tens of billions of dollars from pensions, endowments and rich clients… (Eliot Brown / Wall Street Journal)

Eliot Brown @eliotwb

Tiger Global bet on tech. It accelerated into the peak It wasn't good timing here's a story! wsj.com/articles/tiger…

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How Anonymous Is Bitcoin, Really?. Alyssa Blackburn, a data scientist at Rice University and Baylor College of Medicine in Houston, has spent several years performing digital detective work with her trusty lab assistant, Hail Mary, a shiny black computer with orange trim. She has… (Siobhan Roberts / The New York Times)

James Gleick @JamesGleick

Two things for sure about Bitcoin and the blockchain: anonymity and decentralization. Right? Maybe not. New research puts in doubt the very foundations of crypto. Fine reporting by @sioroberts.

nytimes.comHow ‘Trustless’ Is Bitcoin, Really?In myth, the cryptocurrency is egalitarian, decentralized and all but anonymous. The reality is very different, scientists have found.

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Musk accuses Twitter of 'resisting and thwarting' his right to information on fake accounts. In a letter to Twitter, a lawyer for Musk called it a 'clear material breach' of the terms of their merger agreement. Elon Musk accused Twitter of 'resisting and thwarting' his right to information about fake accounts on the platform, calling it a… (Lauren Feiner / CNBC)

Tim Pool @Timcast

Seems @elonmusk is correct It makes no sense for Twitter to withhold the private data elements claimed by the CEO from Musk Twitter is on some bullshit cnbc.com/2022/06/06/mus…

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Axon's Taser Drone Plans Prompt AI Ethics Board Resignations. A majority of Axon's AI ethics board resigned in protest yesterday, following an announcement last week that the company planned to equip drones with Tasers and cameras as a way to end mass shootings in schools. The company backed down on its… (Khari Johnson / WIRED)

Khari Johnson @kharijohnson

“A situation where there are ubiquitous cameras and remotely deployed Tasers is not a world that I want to live in. Period.” - @rcalo

wired.comAxon’s Taser Drone Plans Prompt AI Ethics Board ResignationsThe company has backed down on its proposal to address school shootings, but the damage was already done.

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Thefts, Fraud and Lawsuits at the World's Biggest NFT Marketplace. Chris Chapman used to own one of the most valuable commodities in the crypto world: a unique digital image of a spiky-haired ape dressed in a spacesuit. Mr. Chapman bought the nonfungible token last year, as a widely hyped series of digital… (David Yaffe-Bellany / The New York Times)

David Yaffe-Bellany @yaffebellany

Fall of the Planet of the Apes

nytimes.comThefts, Fraud and Lawsuits at the World’s Biggest NFT MarketplaceOpenSea, one of the highest-profile crypto start-ups, is facing a backlash over stolen and plagiarized nonfungible tokens.

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