Other algorithmic stablecoins are teetering. Meta is cutting back, even when it comes to the Metaverse. Could an Instacart IPO lead us out of this darkness? Disney’s streaming business is holding up. For now. And the AR demo that was the most exciting thing from the I/O keynote yesterday.Sponsors:Ortto.comLinks:Terra Crunch Shakes Foundations of Crypto Stablecoin Complex (Bloomberg)Exclusive: Facebook-owner Meta tells hardware staffers to prepare for cutbacks (Reuters)SoftBank Reports Its Biggest-Ever Full-Year Loss (WSJ)Instacart Files Confidentially for an IPO That Could Happen This Year (Bloomberg)Senate confirms Bedoya to FTC, establishing Democratic majority (The Verge)Disney+ Hits 137.7M Subscribers, Beating Wall Street Expectations in Streaming (The Hollywood Reporter)Google releases Android 13 beta 2 with finer privacy controls and improved Material You (Neowin)Google Glass’s successor teased at I/O (TechCrunch)See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.