Friday Update • 11/5/21

<p>Nate, Evan, and Logan cover UK basketball players partnering with crypto exchange FTX and Zillow shutting down their ibuying business. Honorable mention headlines:</p> <ul> <li><a href="https://gizmodo.com/squid-game-cryptocurrency-scammers-make-off-with-2-1-m-1847972824?utm_campaign=mb&amp;utm_medium=newsletter&amp;utm_source=morning_brew"><u>Squid Game crypto crashes</u></a> from over $2800 to less than $.01</li> <li><a href="https://www.morningbrew.com/daily/stories/2021/11/02/facebook-is-shutting-down-its-facial-recognition-system-after-ten-years?"><u>Facebook shuts down facial recognition software</u></a>, will delete facial scan data of over 1 billion users</li> <li><a href="https://www.theverge.com/2021/11/2/22758974/microsoft-teams-metaverse-mesh-3d-avatars-meetings-features"><u>Microsoft is launching metaverse</u></a> features</li> <li><a href="https://www.cnbc.com/2021/11/01/rivian-aims-for-60-billion-valuation-in-upcoming-ipo.html?utm_campaign=mb&amp;utm_medium=newsletter&amp;utm_source=morning_brew"><u>Rivian to IPO</u></a> next week (the traditional way) at a roughly $60B valuation</li> <li><a href="https://techcrunch.com/2021/11/01/amazons-project-kuiper-wants-to-launch-two-prototype-satellites-by-the-end-of-next-year/?utm_campaign=mb&amp;utm_medium=newsletter&amp;utm_source=morning_brew"><u>Amazon is planning to launch a satellite</u></a> internet program</li> </ul> <p>Watch Middle Tech's Friday Updates LIVE at 8:30am EST on Instagram every week! @MiddleTechPod</p>