Fri. 06/13 – Stablecoins Everywhere

Do people know when they’re using the MetaAI app, it’s public? Chime had a successful IPO so let me tell you about my IPO-meter. The financials behind that fully-AI commercial running during the NBA playoffs. More signs stablecoins are taking over, but in the Longreads, do stablecoins represent a unique danger to the global financial system?
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Links:

The Meta AI app is a privacy disaster (TechCrunch)

Meta Risks Regulatory Scrutiny in Pursuit of Scale AI (Bloomberg)

Apple Targets Spring 2026 for Release of Delayed Siri AI Upgrade (Bloomberg)

Chime pops 37% in Nasdaq debut after pricing IPO above expected range (CNBC)

Walmart and Amazon Are Exploring Issuing Their Own Stablecoins (WSJ)

Here’s the $2,000 fully AI-generated ad that aired during the NBA Finals (The Verge)

Weekend Longreads Suggestions:

Why we should worry about the rise of stablecoins (FT)

Nintendo Switch 2 review: bigger, faster, and the best handheld since Game Boy (The Shortcut)

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