🚲 What If Apple Made an E-Bike?
Plus: Leaked memo reveals Patreon's valuation plunged 70% in the past, Stoke Space aims to build rapidly reusable rocket with a completely novel design, and more…
Today’s pick
What If Apple Made an E-Bike? For seven years, Horace Dediu has been thinking about one idea almost every day. A longtime handset industry analyst and avid Apple follower, Dediu, 54, also popularized the term “micromobility” to describe a growing array of small… (Ira Boudway / Bloomberg)
Leaked memo reveals Patreon's valuation plunged 70% in the past year and the company is postponing its IPO plans. Patreon's SVP of finance told staff in a memo last month that the company's valuation fell 70% in the past year. The memo, which was viewed by Insider, also said Patreon was postponing IPO plans to preserve cash. Layoffs have spread through creator… (Geoff Weiss / Business Insider)
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Stoke Space aims to build rapidly reusable rocket with a completely novel design. Andy Lapsa went to the best aerospace engineering schools. He then worked very hard to help advance the development of some of the most advanced rocket engines in the world at Blue Origin. But in 2019, after a decade in the industry, he felt like… (Eric Berger / Ars Technica)
Google selects Coinbase to take cloud payments with cryptocurrencies and will use its custody tool. Google will start allowing a subset of customers to pay for cloud services with digital currencies early next year. In addition, Google said it would explore using Coinbase Prime, a service for storing and trading cryptocurrencies. Coinbase will… (Jordan Novet / CNBC)
CNN accused of rug pull as it abandons its NFT project. On Monday afternoon, as pointed out by Parker Molloy, CNN ended its big Web3 project by announcing, “we have decided that it's time to say goodbye to the Vault by CNN.” You may have already forgotten about it, but Vault by CNN… (Richard Lawler via The Verge)
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