🚀 Russia's Luna 25 spacecraft has crashed into the Moon. 😢 This is a significant setback for the Russian space program since their last attempt in 1976. An investigation will be conducted to study the mishap. #spaceexploration #moonmission #RussianSpaceProgram 🛰️ More details here: [link] 💰 Sam Bankman-Fried, founder of FTX cryptocurrency exchange, is back in jail. Learn more about his story and other interesting tech news in this audio podcast by The New York Times. 🎙️ #cryptocurrency #SamBankmanFried #technews 🔗 Listen here: [link] 🌐 Meta may launch a web version of Threads, its competitor to X (formerly Twitter) later this week. Exciting updates from Meta's CEO Mark Zuckerberg and his team! #MetaThreads #webversion #MarkZuckerberg 📱 Find out more: [link] 💸 Instacart's revenue rose by over 30% in the first half of 2023, reaching approximately $1.4 billion. However, the gross transaction volume only grew by around 5%. Instacart is reportedly planning to go public in September. #Instacart #revenuegrowth #IPO 💼 Read more: [link]

Technology News Summary

Russia's Luna 25 spacecraft has crashed into the Moon

Russia's Luna 25 spacecraft, the country's first attempt to return to the Moon since 1976, has unfortunately suffered a failure during a burn of its propulsion system and crashed into the lunar surface. This is a stunning loss for the Russian space program. An investigation will be conducted to study the mishap. Read More

Sam Bankman-Fried Goes to Jail, Back to School With A.I. and A Self-Driving Car Update

Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, finds himself back in jail. To learn more about this story and other interesting tech news, you can listen to the audio podcast by The New York Times. Listen here.

Meta may launch a Threads web version early this week

Meta plans to launch the web version of Threads, its competitor to X (formerly known as Twitter), this week. Meta CEO Mark Zuckerberg and his team have been working on adding this feature along with better search functionality. The launch plans, however, are not final and could change. Learn more.

Instacart's Revenue Rose More Than 30% in First Half of 2023

In the first half of 2023, Instacart's revenue grew by over 30% year-over-year to approximately $1.4 billion. However, the gross transaction volume only grew by around 5% year-over-year. Instacart is reportedly planning to go public in September. Read more.

Sources: Ars Technica, The New York Times, The Verge, The Information