Vertex Views

Greetings Vertex Viewers, Meta is gearing up to enter the microblogging sphere, stepping into the ring to compete with Twitter. The social media giant has announced the development of a new standalone, text-based application, set to launch this summer. Codenamed P92 or Barcelona, this new venture is aimed at becoming the next major player in the world of microblogging. Integration and Decentralization This new Meta application promises a unique user experience, partially integrating with Instagram while preserving its own identity. Users will retain their Instagram handles and verification, and their Instagram followers will be notified to follow them on this yet-to-be-named platform. Notably, the platform is set to be decentralized and built on the ActivityPub protocol, ensuring interoperability with Mastodon. This promises a new realm of microblogging that champions freedom and flexibility for users. Targeting High-Profile Figures For an early impact, Meta plans to offer early access...

Hello VertexViews Subscriber, In this week's tech dispatch, we turn our attention to the recent disruption in Instagram's services. This past Sunday, the social media giant experienced a temporary yet significant outage. Users were left perplexed as the app’s feed froze and the website turned blank. While Meta, Instagram's parent company, moved swiftly to fix the issue, this interruption provides an intriguing insight into the broader tech world. According to DownDetector, the issue surfaced just after 6PM ET, triggering over 175,000 reports at its height. Thankfully, the services were reinstated by 7:30PM ET. Meta's spokesperson, Dave Arnold, attributed the inconvenience to a "technical issue" and apologized for the disruption. Interestingly, other Meta-owned properties like Facebook, WhatsApp, and Horizon Worlds didn't experience any disruptions, highlighting that this was not a repeat of the 2021 datacenter backbone issue. Even though this outage was fl...

 Hi there, In the world of startups and accelerators, things can change in the blink of an eye. One such dramatic shift is happening right now, with Austin-based digital accelerator Newchip filing for bankruptcy and facing insolvency. This event has far-reaching implications for entrepreneurs, investors, and the tech industry as a whole, prompting us to delve into the story for this week's update. Founded in 2016, Newchip initially functioned as an aggregator of top deals from various equity-based crowdfunding platforms. It later evolved into an accelerator model, aiming to equip entrepreneurs with the skills and tools necessary to build, scale, and fund their startups. This ambitious initiative, however, seems to have fallen short of delivering on its promises, leaving numerous startups hanging. With fees ranging from a few thousand dollars to $18,000 or $20,000, numerous startup founders feel the services provided were not commensurate with the price. Despite Newchip's fee re...