Welcome to the Tech Meme Right Home for Tuesday, June 23rd, 2020.

I'm Brian McCullough today.

Wirecards former CEO has been arrested.

Microsoft pulls out of the other streaming wars by shutting

down mixer. Some analysis and additional details about yesterday's

W. W. D.C. news. There's a new king of the supercomputers and there's also a new king of the supercomputers, and there's also a new king of the tech companies

winning in the post-Covid 19 era.

Here's what you miss today in the world of tech. I sort of had a sneaking suspicion that this was coming. We all did probably.

Former Wirecard CEO Marcus Braun has been arrested on suspicion of false accounting and market manipulation.

So that missing 1.9 billion euro, I guess the authorities now suspect it never actually existed.

The arrest is the latest rapid fire blow for the company at the center of what appears to be Europe's largest fraud in years.

The company began to unravel last week when its auditors said they couldn't verify the money existed.

Mr. Braun's lawyers didn't immediately respond to a request for comment.

Mr. Braun, who turned himself into police late Monday, is accused

of, quote, inflating Wirecard AG's sales volume with fake income, end quote, according to the prosecutor.

The probe centers on Wirecard's use of so-called third-party acquirers,

which supposedly processed payments on behalf of Wirecard to present a false picture

of the company's health.

Prosecutors said he was also under suspicion of making the company more attractive to investors

and customers than it actually was, and possibly cooperating with other perpetrators,

end quote. And see, that's why I'm rushing to cover this story.

I'll admit that I was not at all familiar with Wirecard before about a week ago,

...