The current Bitcoin economy has mainly replicated core aspects of a centralized finance industry instead of giving rise to a true p2p financial system (Adrianne Jeffries/The Outline)

Adrianne Jeffries / The Outline: The current Bitcoin economy has mainly replicated core aspects of a centralized finance industry instead of giving rise to a

Read More

Instagram is testing Direct, a standalone private messaging app that replaces the current inbox, in six countries; there is no timeline yet for a global launch (Casey Newton/The Verge)

Casey Newton / The Verge: Instagram is testing Direct, a standalone private messaging app that replaces the current inbox, in six countries; there is no

Read More

Sources: Apple is designing its own power-management chips for use in iPhones from as early as 2018; current supplier Dialog Semiconductor sees shares drop ~19% (Cheng-Ting-Fang/Nikkei)

Cheng-Ting-Fang / Nikkei: Sources: Apple is designing its own power-management chips for use in iPhones from as early as 2018; current supplier Dialog Semiconductor sees

Read More

Kim Dotcom to launch MegaNet to ‘replace’ current internet – “The current corporate Internet will be replaced by a better Internet, running on hundreds of millions of mobile devices. Run by the people for the people. [Destroying] net-neutrality will only accelerate the adoption of a new network.”

submitted by /u/AdamCannon [link] [comments] Technology

Current draft of Senate Tax Reform Bill would tax stock options and RSUs upon vesting, which would have a devastating effect on equity compensation in startups (Fred Wilson/AVC)

Fred Wilson / AVC: Current draft of Senate Tax Reform Bill would tax stock options and RSUs upon vesting, which would have a devastating effect

Read More

Sources: Uber-SoftBank deal expected on Sunday, with investors buying $1B of Uber shares at current valuation, announcing $9B tender offer for secondary shares (Eric Newcomer/Bloomberg)

Eric Newcomer / Bloomberg: Sources: Uber-SoftBank deal expected on Sunday, with investors buying $ 1B of Uber shares at current valuation, announcing $ 9B tender

Read More