Axios

A new report from the International Monetary Fund found that decentralized finance (DeFi) is... pretty centralized. Half the money available to be borrowed on most DeFi lending platforms comes from fewer than 10 depositors, IMF researchers reported in April's Global Financial Stability Report.

Why it matters: Crypto products are open so they can be resilient, the theory being openness leads to many participants. But if most funds available for lending come from a few giant depositors, that could cause a one-person bank run.

Millions of people stopped playing Call of Duty in the first quarter of 2022, as one of gaming's top franchises continued to cool off, according to Activision Blizzard's latest financial results.

Why it matters: Call of Duty is the biggest annual franchise in gaming, so any struggles can have knock-on effects for the rest of the industry.

The duo behind Robinhood's Snacks podcast are spinning the program out of the stock trading company and relaunching it on Monday as "The Best One Yet."

Why it matters: Robinhood's podcast and its broader media business, which includes a newsletter, has built a massive following among the retail trading crowd.

Software that uses machine learning to attempt to detect human emotions is emerging as the latest flashpoint in the debate over the use of artificial intelligence.

Why it matters: Proponents argue that such programs, when used narrowly, can help teachers, caregivers and even salespeople do their jobs better. Critics say the science is unsound and the use of the technology dangerous.

Reliance Industries of India said it cannot fully implement its $3.4 billion purchase of retailer Future Group, after Future Group's secured creditors objected.

Why it matters: It's something of a win for Amazon, which has been fighting the merger since it was announced nearly two years ago. But it's a catastrophic loss for Future Group, once India's second-largest retailer with more than 1,500 stores, which may go bankrupt.

Amazon can begin construction on the helix-shaped tower centerpiece of its second headquarters (HQ2), in Arlington, Virginia, after the plans were unanimously approved by county lawmakers Saturday, per the Washington Post.

The big picture: The project will comprise 2.8 million square feet of office space across three 22-story buildings. At the center will be "The Helix," a tree-covered office featuring "two walkable paths of landscaped terrain that will spiral up the outside of the building," Amazon said when it announced the plans in February 2021. It aims to complete construction in 2025.