Hello, and welcome to this Wednesday’s edition of the Insider Tech newsletter, where we break down the biggest news in tech. I’m your host Alexei Oreskovic.
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Soundtrack: This week’s newsletter has been specially designed to be consumed while listening to“Ring the Alarm” by Tenor Saw.
This week: Silicon Valley is freaking out over audio tech
If you needed any more proof that 2021 is the year of audio, have a listen to NASA’s latest release, direct from Mars’ Jezero Crater! The 60-second audio clip, captured by the Perseverance Rover, is the first-ever recording of sounds from the surface of another planet. The sound is basically just Martian wind (what did you expect to hear?), but it’s a pretty amazing thing to hear.
Closer to Earth, audio tech is booming.
Streaming music company Spotify held a big presser Monday to unveil a bunch of new bells and whistles for its audio “creators.”
Unless you’ve been living on Mars, you’ve probably heard of Clubhouse by now.
Insider columnist Adam Lashinsky has a smart take on the audio-based social network here. And Melia Russell has written a great story chronicling how the founders of Clubhouse rebounded from failure to a $1 billion valuation.
After weeks of positive press coverage thanks to cameos by Elon Musk and Mark Zuckerberg, Clubhouse has hit a patch of negative press due to security lapses and revelations about its ties to China.
Meanwhile, the attack of the Clubhouse clones is already underway, with Facebook, Twitter and Mark Cuban all racing to develop their own audio-based social networking services. And Clubhouse itself, which now has 10 million weekly users of its iPhone app according to MSNBC, may be getting closer to releasing an Android-version of the app.
You need to be 35 years old to be President of the US according to the Constitution. But no such rule governs when a person can become a venture capital investor. And Gen Z — those youngsters born between 1995 and 2010 — are already getting into the VC game, as Insider’s Margaux MacColl reports.
The VCs on the list range in age from 19 to 25 and followed a variety of paths to venture capital, from launching their own startups to working in finance. All are incredibly ambitious and have leveraged social media in innovative ways.