Sources: Coinbase's internal “sentiment” tracker for media coverage showed Sam Bankman-Fried's FTX was consistently viewed more favorably until its collapse — Crypto exchange Coinbase has for years tracked how the company is portrayed in the press and online, and that “sentiment” …
Yuga Labs announces a skill-based game, Dookey Dash, accessed via a free mint for BAYC holders called Sewer Passes, running between January 18 and February 15 — The gamified expansion of its Bored Ape Yacht Club ecosystem involves minting a free Sewer Pass to play a game called Dookey Dash.
South Korean social media giant's Kakao Entertainment, which offers apps for animated shows and novels, raised $930M from Saudi Arabia's PIF and Singapore's GIC — Kakao Entertainment Corp. has won $930 million from the sovereign wealth funds of Saudi Arabia and Singapore …
TSMC reports Q4 revenue up 26.7% YoY to $19.93B and net income up 78% YoY to $9.72B, beating estimates of ~$9.5B, even as the chip industry downturn continues — Taiwanese chipmaker TSMC (2330.TW) reported a forecast-beating 78% rise in quarterly profit on Thursday, as strong sales …
The deep problem with SPACs is the sponsors' and warrant holders' cuts, paid by the target company or the SPAC shareholders, leading to a bad deal for both — SPAC SPAC SPAC — Simplifying a bit, the way a special purpose acquisition company works is that the sponsor of the SPAC raises …
Cologne-based DeepL, which offers instant translation-as-a-service to businesses and individuals, raised $100M-$125M led by IVP at a €1B valuation — Artificial intelligence startups, and (thanks to GPT and Open AI) specifically those helping humans communicate with each other …
After Chinese researchers claimed to break RSA encryption using quantum computers, experts are skeptical and caution that any commercial benefits are years away — China claims to have made a major breakthrough but western experts say any commercial benefits are still years away
UK-based Hack the Box, which wants to encourage white hat hackers via gamified training, raised a $55M Series B led by Carlyle and reports having 1.7M users — There's long existed a divide in the world of computer hacking between those who are taking a malicious approach to crack a system …
Court documents: Sam Bankman-Fried invested $20M in Paradigm's $2.5B Paradigm One fund in late 2021, before the fund then invested in FTX and FTX US — Court documents shed light on Sam Bankman-Fried's circular transactions — Sam Bankman-Fried invested $20mn in a large venture capital fund …
How Section 19a of Germany's Competition Act gives antitrust authorities the power to divest and sanction Big Tech, as the EU slowly rolls out its enforcement — While EU regulators slowly roll out their own enforcement mechanism, Berlin is already holding gatekeepers to account
Court documents: New England Patriots owner Robert Kraft, NFL star Tom Brady, a Peter Thiel-linked trust, and more own FTX Group stock, now considered worthless — Billionaire New England Patriots owner Robert Kraft and star NFL quarterback Tom Brady are among those sharing in the pain of FTX Group's sudden implosion.
Three years after ending mainstream support for Windows 7, Microsoft ends premium extended security support for the OS and support for Windows 8.1 — Pour one out for Windows 7, the decade-old operating system that today reached the end of the security line.
Cameron Winklevoss writes to DCG's board, demanding CEO Barry Silbert's removal and alleging he and Genesis publicly lied, after his resolution deadline passed — Gemini crypto exchange co-founder Cameron Winklevoss called for the board of Digital Currency Group to remove Barry Silbert …
Amazon plans to launch Buy with Prime for all US-based merchants on January 31, letting them access Prime benefits, expanding on Fulfillment by Amazon merchants — Amazon announced this morning it's expanding its Buy with Prime service to U.S.-based merchants by the end of the month.
Meta contractor Sama plans to close its east African content moderation hub in March, cutting ~200 staff; Meta will employ 1,500 Sama staff for data labelling — Staff at Nairobi office were moderating graphic and harmful material — Meta's east African content moderation hub is shutting …
Yazhou Sun / Bloomberg : Anthropic cuts its list of unauthorized secondary market sellers from eight to four after the initial notice cau...
