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  • Amazon stablecoin ¨, founder reacquires 23andMe ¨, ageism in tech ¨¨

    From TLDR@VERT to All on Monday, June 16, 2025 10:42:51
    Several multinational giants, including Walmart and Amazon, are
    discussing potential efforts to issue stablecoins. These initiatives
    depend on a
    bill


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    TLDR

    TOGETHER WITH [Beam] [4]

    TLDR 2025-06-16

    BAD SLEEP IS RUINING YOUR DAY (SPONSOR) [4]

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    ¨

    BIG TECH & STARTUPS

    WALMART AND AMAZON ARE EXPLORING ISSUING THEIR OWN STABLECOINS (4
    MINUTE READ) [5]

    Several multinational giants, including Walmart and Amazon, are
    discussing potential efforts to issue stablecoins. Whether these
    initiatives will go ahead depends on a bill still yet to clear the
    Senate and House called the Genius Act, which establishes a regulatory framework for stablecoins. Stablecoins could allow merchants to bypass traditional payment rails, which cost them billions of dollars in fees
    each year. A regulatory framework for stablecoins would enable an
    alternative payment type for merchants that could significantly lower
    their expenses and create competition against Visa and Mastercard.

    ANNE WOJCICKI WINS BIDDING FOR 23ANDME (3 MINUTE READ) [6]

    Anne Wojcicki, co-founder and former CEO of 23andMe, has been named
    as the new buyer for the company's assets. Biotech company Regeneron
    won the bidding last month during a bankruptcy auction but bidding
    reopened earlier this month after Wojcicki's nonprofit, TTAM Research Institute, made an unsolicited offer. Regeneron declined to submit a
    higher bid based on its assessment of the company's value. If the sale
    goes through, 23andMe's equity holders could recover some of their
    investment in the company, a relative rarity in bankruptcy.

    ¨

    SCIENCE & FUTURISTIC TECHNOLOGY

    SOLAR ORBITER GETS WORLD-FIRST VIEWS OF THE SUN'S POLES (11 MINUTE
    READ) [7]

    The European Space Agency-led Solar Orbiter spacecraft has imaged the
    Sun's poles from outside the ecliptic plane. The spacecraft's unique
    viewing angle will help scientists better understand the Sun's
    magnetic field, the solar cycle, and the workings of space weather.
    The complete dataset from Solar Orbiter's first full pole-to-pole
    flight past the Sun is expected to arrive on Earth by October 2025. A
    video of the Sun from an angle of 17 degrees below the solar equator -
    enough to deficiently see the Sun's south pole - is available in the
    article.

    ONCE-A-WEEK PILL FOR SCHIZOPHRENIA SHOWS PROMISE IN CLINICAL TRIALS
    (6 MINUTE READ) [8]

    Lyndra Therapeutics has created a once-a-week pill for treating the
    symptoms of schizophrenia. The pill contains a widely used medication
    for managing the disease. A phase 3 clinical trial conducted by Lyndra Therapeutics showed that the patients who took the once-a-week pill
    maintained consistent levels of the medication just as well as daily
    doses of the drug. Making the drug easier to administer makes it
    easier to ensure that patients are receiving their medication.

    ¨

    PROGRAMMING, DESIGN & DATA SCIENCE

    AGENT RULES (GITHUB REPO) [9]

    This repository contains a collection of reusable rules and knowledge documents for AI coding assistants like Claude Code and Cursor.
    Categories include development workflows, code quality and analysis,
    problem solving and implementation, documentation and visualization,
    and project setup. The repository uses the Markdown with Configuration
    (.mdc) format, which provides a unified approach that works with both
    Claude Code and Cursor without modification.

    SOFTWARE ENGINEERING TALENT IS GOLD RIGHT NOW (5 MINUTE READ) [10]

    The software engineering job market is currently in a pretty bad
    place. Despite this, software engineers have the unique ability to
    provide extraordinary leverage and productivity with the right
    attitude. It's now easier than ever to automate tedious and formulaic
    tasks. Anyone with software engineering skills can now take an
    annoying problem, write a prompt, then let AI create a solution.

    ¨

    MISCELLANEOUS

    I CONVINCED HP'S BOARD TO BUY PALM FOR $1.2B. THEN I WATCHED THEM
    KILL IT IN 49 DAYS (17 MINUTE READ) [11]

    Phil McKinney convinced HP's board to acquire Palm for $1.2 billion
    in early 2010 by demonstrating to the board how Palm's WebOS
    represented a breakthrough platform technology that could
    differentiate HP in the emerging mobile computing market. A few months
    after the acquisition, HP's CEO was replaced and McKinney faced a
    medical emergency that required immediate surgery and an eight-week
    recovery period confined to bed. During his time in recovery, McKinney
    was unable to participate in meetings or provide strategic input,
    resulting in the entire mobile computing landscape at HP unraveling as
    the new CEO brought a completely different strategic vision. HP ended
    up discontinuing all WebOS devices just 49 days after it launched the
    TouchPad.

    ASK HN: IS AGEISM IN TECH STILL A PROBLEM? (HACKER NEWS THREAD) [12]

    Ageism has been a problem in tech for many years, and it doesn't look
    like that has changed. While age brings many positive qualities in
    terms of skill set, companies may be reluctant to hire older workers
    as their salary demands are higher and they have stronger work
    boundaries. Their seniority and directness can also intimidate younger
    managers and other workers. Younger workers are more likely to be
    flexible and build whatever without question, which is valuable for
    business owners.

    ¨

    QUICK LINKS

    WANT MORE AI NEWS FROM TLDR? (SPONSOR) [13]

    We also write TLDR AI. Same format, all about LLMs, GenAI, and deep
    learning. Delivered every weekday. Subscribe for free. [13]

    OK, I'M SOLD ON MULTI-AGENT LLM SYSTEMS NOW (5 MINUTE READ) [14]

    This post breaks down Anthropic's recent post on how it created its multi-agent research system and shows how running multiple different
    prompts in parallel can be more effective than running a single prompt
    against a frontier model.

    A META-ANALYSIS OF THREE DIFFERENT NOTIONS OF SOFTWARE COMPLEXITY (22
    MINUTE READ) [15]

    Having a good shared definition for software complexity is essential
    to moving beyond a simplistic view of 'complexity bad, simplicity
    good'.

    GOOGLE TESTS AUDIO OVERVIEWS FOR SEARCH QUERIES (2 MINUTE READ) [16]

    Google Search Audio Overviews is available now in Labs.

    WRITING TOY SOFTWARE IS A JOY (12 MINUTE READ) [17]

    Reinventing the wheel will teach you more about how they work than
    reading a thousand books on them.

    THE TECH JOB MELTDOWN (17 MINUTE READ) [18]

    An amendment to Section 174 of the Internal Revenue Code made
    building tech companies in the US suddenly not economically viable.

    THE ARMY'S NEWEST RECRUITS: TECH EXECS FROM META, OPENAI, AND MORE (4
    MINUTE READ) [19]

    The chief technology officers from Palantir and Meta will join
    representatives from OpenAI to form a new Army innovation corps to
    bring some badly needed tech upgrades to the Army - they will be sworn
    in as uniformed officers with the rank of lieutenant colonel.

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    Thanks for reading,
    Dan Ni [24] & Stephen Flanders [25]

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    [8] https://news.mit.edu/2025/weekly-pill-schizophrenia-shows-promise-clinical-trials-0610?utm_source=tldrnewsletter
    [9] https://github.com/steipete/agent-rules?utm_source=tldrnewsletter
    [10] https://gametorch.app/blog/software-engineering-talent?utm_source=tldrnewsletter
    [11] https://philmckinney.substack.com/p/i-convinced-hps-board-to-buy-palm?utm_source=tldrnewsletter
    [12] https://news.ycombinator.com/item?id=44269225&utm_source=tldrnewsletter [13] https://tldr.tech/ai/?utm_source=tldr&utm_medium=newsletter&utm_campaign=quicklinks06162025
    [14] https://simonwillison.net/2025/Jun/14/multi-agent-research-system/?utm_source=tldrnewsletter
    [15] https://typesanitizer.com/blog/complexity-definitions.html?utm_source=tldrnewsletter
    [16] https://techcrunch.com/2025/06/13/google-tests-audio-overviews-for-search-queries/?utm_source=tldrnewsletter
    [17] https://www.jsbarretto.com/blog/software-is-joy/?utm_source=tldrnewsletter [18] https://www.professoraxelrod.com/p/the-tech-job-meltdown?utm_source=tldrnewsletter
    [19] https://links.tldrnewsletter.com/CwOBZI
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