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Today’s top stories feature a fascinating contrast in the technology sector. While the EU and the US are making plans to cooperate more closely on regulatory matters, China is looking to become more self-reliant in all things sci-tech.
Babak & Simon
🇺🇸 US vs Big Tech: Europe is no longer the only big-tech critic: The EU and the US are set to work more closely on privacy and tech regulation. Both Republican and Democratic lawmakers are now pushing for more forceful measures. The idea of establishing an EU-US-EU Trade and Technology Council is likely to come up when President Biden visits Brussels in mid-June. Dive Deeper →
🇨🇳 Make China Great Again: Chinese President Xi Jinping has called for the country to become more self-reliant in science and technology. His remarks were made over the weekend to the Chinese Academy of Sciences and Engineering. China has faced increasing pressure from other states over its deployment of 5G and chip technology. Dive Deeper →
💽 First pipelines, now meat: Another big, critical industry has been affected by a ransomware attack: JBS Foods, the world’s largest meat producer, has gone partially offline. Dive Deeper →
🙄 Alexa, share my WiFi: Amazon gadgets will soon automatically share your Internet connection with your neighbors. Dive Deeper →
₿ Bitcoin Price: Even though its price made a strong recovery after crashing from $65,000 to $30,000 in May 2021, Bitcoin (BTC) is still facing the prospect of a further fall. Dive Deeper →
Newly Funded Early-Stage Startups
🖼️ Social NFTs: Minti provides an app for creators to control how and where their social content is distributed and monetized. The app automatically mints an NFT of every post to make it unique and traceable. Of course, you can also put your NFTs in digital trophy cases if you think your social posts are worth it. Minti’s Website →
🏥 Healthcare in India: Having proper health insurance in India is still considered a luxury. Plum, a young health insurance startup, wants to change this by offering comprehensive employee health insurance via a seamless digital experience. Hundreds of companies have already moved to Plum. Plum’s Website →
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