Windows 11, Crypto and Facebook | Tech Wrapup June 2021
Hi all,
It’s already past mid-year into 2021, and we’ve seen a tonne of new updates within the technology and marketing space.
Unfortunately, the pandemic is still running rampage across the world as the slow rollout of the vaccine and the spread of the Delta strains have not made it easy.
In this wrapup, we’re taking a look at some of the news around the recent tech giants who have hit new valuation highs as well as updates around crypto. Also, I am now accepting sponsors since our newsletter has grown large enough! Feel free to email me at me@richardfliu.com for more information 😊
As usual, don’t forget to share it out if you find these wrapups helpful!
Facebook closes above $1 Trillion for the first time
The social media tech giant is the 5th US company to do so, behind Alphabet, Apple, Amazon, and Microsoft. The company’s shares closed up at 4.2% at $355.64 after a favorable legal ruling on an antitrust complaint brought by the U.S Federal Trade Commission.
In a similar timing window, Microsoft also breached $2 Trillion market capitalization. This means that it’s the 2nd US company to reach this milestone, behind Apple.
These growing valuations demonstrate the power these tech giants have, almost monopolizing most of the industries they touch.
Windows 11 is coming, and it’s free
Yes, it’s coming, and it will be free.
Microsoft confirmed the name of the new windows update on June 24th 2021, and it will be delivered in a similar fashion to previous versions.
All you need is a PC that meets the minimum hardware requirements, which includes a 64-bit CPU, 4GB of Ram, and 64GB of Storage requirement.
A cool feature to note about Windows 11 is that it will be the first version that will support running Android apps (finally!). Teams will also be directly integrated into this Windows version.
Although there is no specific release date yet of Windows 11, it seems like it will have major new UI / UX features and integrations.
John McAfee found dead in Barcelona Prison
In more grim news, John McAfee, founder of popular anti-virus software McAfee, was found dead in Barcelona Prison.
Controversial tech tycoon McAfee had more of a fruitful life, fleeing the US from legal issues. He had racked up 37 lawsuits in his lifetime and even went for presidency in 2016 and 2020.
In 2020, he was arrested in Spain on tax evasion and was going to be extradited back to the US for criminal charges. Before this could happen, he was found in prison, apparently suicide by hanging. Although an autopsy revealed this, his own family has now commissioned a second independent autopsy as they do not believe McAfee took his own life.
Huge Crypto Crackdown - Binance banned in UK
What a huge few months for cryptocurrencies. From rise to fall, we’ve seen major movements from nations like China on cracking down on cryptocurrencies. China themselves have specifically stepped up efforts in ceasing digital currency mining operations and urged banks and payment services not to offer crypto-related services.
This has led to a drop in major and altcoins across the board. Bitcoin itself has halved in price since these events.
In recent news, UK regulators had announced that it was banning Binance, the world’s largest cryptocurrency exchange, from undertaking any activity in the U.K.
This scrutiny will continue through the rest of the year as cryptocurrency continues to take heavy hits.
I hope you enjoyed this edition.
Don’t forget to share it out via the link below, and feel free to send me an email at me@richardfliu.com if you have any questions.