Stochastic disaster – TechCrunch

As I write this, massive fires are erupting all over California, and massive protests are erupting all over the world. Is the former a facet of the climate crisis? Is the latter a symptom of hyperpolarization caused by hyperconnectivity? Yes, I mean no, I mean it’s impossible to say. That’s what it means to live…

Xi’s power on bitcoin, the rise of Alibaba’s new rival – TechCrunch

Welcome back to TechCrunch’s China roundup, a digest of the latest events that happened at major Chinese tech companies and what they mean to tech founders and executives around the world. Alibaba’s nemesis Alibaba’s new rival is shaking up China’s internet landscape. This week, four-year-old e-commerce upstart Pinduoduo displaced JD.com to be the fourth-most valuable…