Axios

SoftBank executive Ronald Fisher is stepping down as head of U.S. investment operations, per an internal memo sent Friday and obtained by Axios.

Why it matters: Fisher has been with SoftBank for a whopping 27 years, spanning through the dot-com boom, Great Recession and unicorns startup eras. During that time, SoftBank grew into the U.S. venture capital market's 800-pound gorilla, changing how the industry operated.

Think of cryptocurrency as the first taste of virtual money, available to anyone, anywhere, anytime.

• We're in the unregulated, risky, experimental phase — with more than 10,000 different digital currencies available globally with minimal government rules or oversight.
• And very few people are buying stuff with it — yet.

Autonomous trucks could one day replace more than 90% of all highway trucking, which could have a profound impact on as many as 500,000 long-haul truckers, a new study found.

Why it matters: Automation, and its potential impact on human labor, is a widespread concern for workers in many industries. While labor markets continually evolve, it often takes time for displaced workers to adapt to new jobs requiring different skills.

Twitter co-founder Jack Dorsey expressed his regrets Saturday for the current state of the internet and said he's "partially to blame."

What he's saying: "The days of usenet, irc [Internet Relay Chat], the web ... even email (w PGP) ... were amazing," Dorsey tweeted, referring to earlier online communications systems.

Former President Trump’s social media app Truth Social remains unavailable for many, despite promises that it would be "fully operational" in the U.S. by Thursday.

Why it matters: Trump fans flooded into a SPAC that agreed to take Truth Social public and could lose their investments if the app doesn't get its act together.