Monday, March 22, 2021

10 things in tech you need to know today

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10 THINGS IN TECH YOU NEED TO KNOW TODAY

Donald Trump on phone

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1. Trump is planning a social media comeback. The former president is planning to launch his own social-media platform within the coming months, longtime adviser Jason Miller said.

2. Spark Capital is cutting all ties with YouTuber David Dobrik's Dispo app. The decision comes after Insider reported claims by a woman that she had been sexually assaulted by a member of the YouTuber's Vlog Squad.

3. Elon Musk is pumping stocks, cryptocurrencies and the energy of 49 million loyal followers to dizzying heights. The Tesla CEO's tweets and statements create cascade effects, resulting in an often unpredictable market. We took an inside look at how Musk's musings form these spontaneous markets. 

4. People on the West Coast are driving the conversation around crypto art. New data show California, Washington and Oregon expressing the most interest in NFTs, and Middle America showing the least interest. See how your state compares.

5. Facebook is building an Instagram app for kids under 13. Instagram currently prohibits pre-teens and children from using its app, but is building a new platform made specifically for that age group. Here's what you — and your children — can expect from the app. 

6. Robinhood is planning a big hiring boom for its crypto business. The CEO announced the online brokerage plans will hire a "ton" of people for its cryptocurrency operations and may add new coins to its platform. More on that here.

7. What happens to NFTs — like the $69-million Beeple collage — if the site it's bought from shuts down? As the NFT craze sweeps the country, people are trying to figure out where digital artwork would go if the site it's purchased from goes offline. We looked into it for you, and this is what we found. 

8. China is cracking down on the use of Teslas among military and other state workers. A military directive banned those employees from driving their Teslas onto state property, a rule stemming from concerns that the cars' cameras could covertly record their surroundings. Here's what we know so far.

9. Investors are rushing into grocery delivery. Gorillas, an app that delivers groceries in 10 minutes, is closing a second round of funding in less than six months, with backing from Tencent and a valuation above $1 billion. Meanwhile, grocery-delivery app Getir has raised $300 million in fresh funding, with Sequoia Capital and Tiger Global leading the round at a $2.6 billion valuation. 

10. Artists, financial advisers and collectors are worried about the NFT craze. In the midst of the new booming crypto economy, we sat down with experts to discuss the phenomenon. Some of them are worried about what they're seeing — and this is why.


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Compiled by Jordan Erb. Tips/comments? Email jerb@insider.com or tweet @JordanParkerErb.

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