Wednesday, July 8, 2020

BlueCity, owner of Chinese LGBTQ dating app Blued, closed up 46% in its Nasdaq debut, after raising $85M at $16 per share (Crystal Tse/Bloomberg)

Crystal Tse / Bloomberg:
BlueCity, owner of Chinese LGBTQ dating app Blued, closed up 46% in its Nasdaq debut, after raising $85M at $16 per share  —  The owner of Blued, China's biggest LGBTQ dating app, climbed 46% in its trading debut after raising $85 million in a U.S. initial public offering.



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UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its titles are covered, with ~$3K in compensation each (Anushka Chourasia/Reuters)

Anushka Chourasia / Reuters : UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its...