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  • 🎬 Hollywood Turns AI Drama Into Film | 📉 Bitcoin ETF Exodus | 🔍 Perplexity Challenges Google

🎬 Hollywood Turns AI Drama Into Film | 📉 Bitcoin ETF Exodus | 🔍 Perplexity Challenges Google

From Hollywood's spotlight on AI leadership to crypto market shifts and the resurgence of AI-powered search, today's tech landscape is defined by power plays, market movements, and innovation disruptions.

Author

Sascha Thiele
June 06, 2025

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🖋 Today’s Angle

Good morning, techies. ☀

You woke up to a world where AI is writing scripts for Hollywood, crypto is riding a political rollercoaster, and Apple’s annual WWDC is about to drop more hints than a nervous best man at a wedding. Today’s chaos is all about power shifts—who’s got it, who’s losing it, and who’s quietly rewriting the rules while everyone else is distracted by the headlines. From the boardrooms of Big Tech to the wilds of Reddit, the only constant is change (and maybe a little drama). Let’s connect the dots before they connect you.

––Sascha Thiele

💰 The Finance Overview

Investors are holding their breath as US stock futures bounce ahead of jobs data, with the Trump-Musk spat threatening to spill over into tech valuations. Big Tech is still the market’s emotional support animal—FAANG stocks are propping up indices even as economic signals wobble. At the startup end, the mood is cautious: IPO chatter is muted, and funding rounds are getting leaner, but the best founders are still finding ways to break through. Infrastructure players—cloud, semis, and AI hardware—are in a holding pattern, waiting for the next big enterprise upgrade cycle. Meanwhile, Germany’s DAX is quietly outpacing US peers on the back of a defense boom, reminding everyone that innovation isn’t just a Silicon Valley export. Wild card? Watch the AI search engine space—Perplexity’s 780 million queries last month signal that Google’s moat is officially springing leaks.

German DAX: $DAX ( ▼ 1.69% ) 
Indian NIFTY: $NIFTY50.NSE ( 0.0% ) 

What Happened: Bitcoin slipped 1.58% to $103,025 as institutional investors pulled $278.4 million from Bitcoin ETFs in a single day, while Ethereum took a harder hit dropping 5.89% to $2,461. Technical indicators show Bitcoin testing key support at the 50-day moving average with an RSI of 42, suggesting oversold conditions. On-chain data reveals an interesting twist—despite ETF outflows, 12,500 BTC flowed out of major exchanges over 48 hours, hinting at long-term holder accumulation.

Why It Matters: The disconnect between institutional ETF flows and on-chain accumulation patterns suggests a divergence in conviction levels. While traditional finance money grows cautious, crypto natives might be viewing this as a buying opportunity.

What Happened: Today, 30,750 Bitcoin options contracts—worth $3.7 billion—are set to expire, with call options outnumbering puts. This quarterly expiry is smaller than previous tranches but still significant for market liquidity.

Why It Matters: Large expiries often trigger price swings as traders rebalance. With calls dominating, bullish bets could amplify volatility, especially in a market already on edge.

Further Reading: Cointelegraph: Largest crypto token unlocks in June

I wanted to let you know about a little tool that I use to scrape stuff and in general keep me updated: Browse.ai. It is super easy to scrape Producthunt for example and get notified about new startups that are interesting. There is even a template for that. So check it out.*

*This is an affiliate link, so I would get a small provision if you use the tool.

🚀 Tech & Business

What Happened: Amazon MGM Studios is reportedly making a movie about Sam Altman’s dramatic ouster and return as OpenAI CEO. The project is said to be fast-tracked, with screenwriters already circling.

Why It Matters: When AI boardroom drama becomes popcorn fare, you know the tech world’s power struggles have gone mainstream. Expect this to shape public perception of AI leadership for years to come.

Internal documents reveal Meta is automating up to 90% of its privacy and integrity reviews, replacing human evaluators with AI systems for critical decisions about platform changes. Product teams will now receive "instant decisions" after completing AI-driven questionnaires, with engineers empowered to make their own risk judgments. The change affects sensitive areas including AI safety, youth protection, and content moderation policies.

Why It Matters: This isn't just about efficiency—it's about Meta fundamentally reimagining how tech platforms govern themselves. You might say they're really putting the "artificial" in artificial intelligence oversight. Critics worry this could lead to faster feature releases at the cost of rigorous safety scrutiny.

What Happened: AI search engine Perplexity clocked 780 million queries in May, according to CEO Aravind Srinivas. The company’s rapid growth is drawing attention from both users and investors, as it positions itself as a serious Google challenger.

Why It Matters: The search wars are back, and this time, the bots are smarter. If Perplexity keeps this up, Google might have to start offering free coffee with every search—because clearly, people are waking up.

🎓 Skill Builder

JerryRigEverything • Published June 4, 2025

What You'll Learn:

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  • What’s repairable, what’s not, and what’s just plain weird

Why It's Worth Your Time: If you’ve ever wondered what’s inside your phone—or just want to see someone void a warranty with surgical precision—this teardown is a masterclass in tech curiosity.

✅ Go-Browse â€” Unsupervised web agent training that could change how bots learn

✅ daily.dev â€” A slick, customizable news aggregator for devs

✅ zombo.com â€” The legendary website that welcomes you to "infinite possibilities" but literally does nothing else, becoming an iconic piece of early internet absurdity

✅ koalastothemax.com â€” Start with a single circle, move your mouse to break it into smaller pieces, then watch the magic

✅ The HTTP QUERY Method â€” A new HTTP verb for the API age

Got a killer link we missed? Hit reply and share the goods. 💌

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🏁 Tomorrow’s Forecast

AI hype meets reality as WWDC kicks off—expect fireworks, and maybe a few surprise plot twists. 🎆

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