The Brutalist Report

Techmeme

• Social gaming startup Rec Room is shutting down its service on June 1, saying it could not find a path to profitability; it was valued at $3.5B in December 2021 (Todd Bishop/GeekWire) [33d]
• Inside David Sacks' new role shaping Trump's AI agenda; officials say Sriram Krishnan is taking on a position at the National Economic Council to focus on AI (Axios) [33d]
• Micron shares closed down 10% on Monday and are now down 30% since Micron's blowout earnings report on March 18; Sandisk fell 7% and Western Digital dropped 9% (Lola Murti/CNBC) [33d]