Fri. 04/22 – The Demise Of CNN+ Makes Quibi Look Good

CNN+ only made it, what, 1/8th of a Quibi? There’s blood on the streaming wars dance floor. a16z’s new crypto research lab makes me feel like I have to start covering them like a startup or a conglomerate. More bad news for Meta: they’re way behind in the payments race in India. And of course, the weekend longreads suggestions.

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Links:

• CNN+ Streaming Service Will Shut Down Weeks After Its Start (NYTimes)
• a16z Crypto is launching an academic research lab focused on web3 (The Block)
• How Meta Platforms Fell Behind in Indian Mobile Payments (WSJ)

Weekend Longreads Suggestions:

• ApeCoin & the death of staking (Cobie Substack)
• Cutting-Edge Crypto Coins Tout Stability. Critics Call Them Dangerous. (WSJ)
• Rivian CEO Warns of Looming Electric-Vehicle Battery Shortage (WSJ)
• Video Game Junkie Quietly Builds $3 Billion Payments Powerhouse (Bloomberg)
• The Sidekick Was the Best Smartphone Ever (Debugger)