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GM. Happy Hog Day. “I would love to stand here and talk to you, but I’m not going to.” – Bill Murray

Solana meme coins fell apart (shocker). Meta is RED HOT off its latest earnings report, but its Virtual Reality division reported a whopping $4.65B loss in Q4.

Meta Reality Labs execs this week:

Google lifts its five-year ban on crypto ads. Larry David beats the shit out of elmo.

A lot to look forward to as we head into the first weekend of the least memorable month of the year. Seriously though, who remembers anything that happens in February?

Without Further Ado. ☕ knuckle cracks ☕ Let’s get into it.

Today’s Specials:

Weekend Alpha -What to Watch 👀 : Solana meme Coins Bleed 🩸

No FOMO News 📰 : Google Lifts Five-Year Ban on Crypto Ads ❇️

AI Intel 🤖 : Amazon launches AI-powered Shopping Assistant 🛒

AI App of the Week 💻 : AI Will Make Powerpoints for You 🔌

Just for Fun 🤡 : Elmo’s Rough Birthday Week 🫠

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Weekend Alpha – What to Watch 👀

Global crypto market stabilizes as Solana meme coins bleed, US lawmakers challenge SEC on crypto asset regulation, Hong Kong finance firm VSFG targets to apply for spot Ethereum ETF in Q2, Coinbase, a16z, Ripple pour millions into Fairshake crypto lobbying group.

No FOMO News 📰

• US energy data agency to track crypto mining power use (Reuters)

• Google ends five-year ban on crypto ads as Bitcoin ETF becomes visible (Crypto.News)

• US bitcoin ETFs raise questions over broader financial system risks (Reuters)

• Meta’s metaverse developer reports all-time high net loss in Q4, 2023 (Crypto.News)

• Short on cash, El Salvador doubles down on Bitcoin dream (Reuters)

• Crypto heads toward 2024 election with $85 million war chest (Axios)

• The Mystery of the $400 Million FTX Heist May Have Been Solved (WIRED)

• Ripple co-founder’s hacked funds halted by Binance, Richard Teng confirms on X (Crypto.News)

AI Intel 🤖

• Amazon launches AI-powered shopping assistant Rufus (Fox)

• Tim Cook teases Apple AI announcement ‘later this year’ (CNBC)

• Could AI 'trading bots' transform the world of investing? (BBC)

• A Camera-Wearing Baby Taught an AI to Learn Words (ScientificAmerican)

• More than half of UK undergraduates say they use AI to help with essays (Guardian)

AI App of the Week 💻

AI gets a lot of hype. But how does that help me?

This section is dedicated to No Fomo’s favorite AI tools.

We’ll try to fish for things that make your life easier. Or we’ll give honest, informative reviews of apps capturing Internet attention.

This Week’s App De Jour: beautiful.ai 

Beautiful.ai is an AI powered presentation builder. And it works. Well. 

No one likes stressing over presentations – the formatting, the spacing, why can’t I just drag this over there! Beautiful.ai is here to make your life easier. Check out their intro video below, you’ll get the picture. 

Just for Fun 🤡

It’s been a brutal week for everyone’s favorite fuzzy red monster (Elmo).

It all started when Elmo innocently posed a simple question: how is everybody doing? The whole world proceeded to trauma dump Elmo in the comments with their life problems.

It got so bad that the official sesame street account had to post don’t kill yourself hotlines.

Then, yesterday, when Elmo thought life would return to normal, at his most vulnerable moment, comedy legend Larry David attacked America’s mascot on live TV.

The brutal assault culminated with Larry dunking on Elmo, then callously walking off stage with a dismissive remark, “somebody had to do it”. It’s a cold world.

Poor Elmo’s birthday is tomorrow, hopefully it turns around for him. 

beigecardigan

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