THIS WEEK IN TECH: Tim Cook hands over the keys to John Ternus after adding $4T in market cap to Apple, Meta pays $18B in the biggest child-safety settlement ever brought against a tech company, and 21 banks huddle to launch a dollar stablecoin. So fun to cohost with... our Fintech Partner Sam Eisler and to hear her takes on all of it + a very useful primer on stablecoins and why they matter. What we covered this week: 1:45 Tim Cook's Legacy: $350B To $4.6T In 15 Years 4:00 John Ternus: Apple's 8th CEO 10:33 Meta's $18 Billion Teen Safety Settlement 13:10 Meta's Open Letter to TikTok and YouTube 17:52 21 Banks Explore A Joint Stablecoin 18:28 What Is A Stablecoin? FULL EPISODE LINK BELOW Lightspeedshow more

Dear members of the American press! Steve Jobs once said, "If you can convince the press of your technology, and the press convinces us, we'll pay attention." That's why I'm reaching out to you. For years, the development of personal devices has been driven by advances in smartphones, tablets, and virtual reality technologies. However, all of these solutions still require people to adapt to the device. I've developed a concept based on the opposite principle: the device should adapt to the user and interact with them as naturally as possible. I believe this technology has the potential to be the next major step in the development of consumer electronics. It offers a fundamentally new way to interact with the digital environment and has the potential to replace many existing devices that accompany people in their daily lives today. If my assessment is correct, this isn't just another gadget, but a platform capable of transforming the market in the same way that the personal computer, iPod, and iPhone once did. Such opportunities arise extremely rarely, and that's why they deserve independent attention and objective assessment. I believe Apple has the experience, engineering culture, and vision necessary to turn this idea into a world-class product. Moreover, the successful implementation of such technology could strengthen the leadership of the American tech industry at a time when global competition is becoming increasingly fierce. I'm not asking you to take my word for it. I'm asking only one thing: help draw Apple's attention to this development and give it the opportunity to be considered by those capable of objectively assessing its potential. If the technology truly represents the value I see in it, ignoring it could be a missed opportunity. If not, that will become clear after a professional evaluation. But in either case, the idea deserves to be heard. Thank you for your attention. Sincerely, Alexander.

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