Tether plans to launch a stablecoin pegged to the British pound in July, dubbed GBPT, initially available on Ethereum, its fifth fiat-pegged stablecoin (Yogita Khatri/The Block)

Yogita Khatri / The Block:
Tether plans to launch a stablecoin pegged to the British pound in July, dubbed GBPT, initially available on Ethereum, its fifth fiat-pegged stablecoin  —  - Tether has launched a new stablecoin pegged 1:1 to the British pound.  — It will be initially available on Ethereum.

Internal memo: two of Amazon's top Black executives, SVP of logistics warehouses Alicia Boler Davis and VP of transportation services Dave Bozeman, are leaving (Bloomberg)

Bloomberg:
Internal memo: two of Amazon's top Black executives, SVP of logistics warehouses Alicia Boler Davis and VP of transportation services Dave Bozeman, are leaving  —  Two of Amazon.com Inc.'s top Black executives are leaving amid a management shakeup as Chief Executive Officer Andy Jassy puts …

Accel announces a $4B global, late-stage fund, after announcing $3B across funds for early- and growth-stage startups in June 2021 (Connie Loizos/TechCrunch)

Connie Loizos / TechCrunch:
Accel announces a $4B global, late-stage fund, after announcing $3B across funds for early- and growth-stage startups in June 2021  —  Accel, the 39-year-old venture firm, just pulled a major power move.  It announced, via a simple blog post, that it has just closed a new, global …

Filings: Tencent reduced its stake in edtech firm Koolearn to 1.6% from 9%; Koolearn's HK shares had surged 684% in just nine trading sessions through June 16 (Bloomberg)

Bloomberg:
Filings: Tencent reduced its stake in edtech firm Koolearn to 1.6% from 9%; Koolearn's HK shares had surged 684% in just nine trading sessions through June 16  —  Tencent Holdings Ltd. slashed its stake in a Chinese education technology firm that staged an eye-watering rally in the past two weeks …

Why Tesla laid off its LGBTQ+ community head and diversity lead?

Berretta-Paris and the software engineer involved in the diversity and inclusion programme didn't respond to a request for comment. The layoffs of those diversity leaders at Tesla come amid Musk making several comments about what he calls "the woke mind virus," which he believes is "destroying civilization" https://ift.tt/6RfjkWh

Facebook whistleblower Frances Haugen to train lawyers how to fight Big Tech, claims report

Haugen wants to start 'Beyond the Screen' a nonprofit that will also focus on incentivising investors to look into how socially responsible a tech company is before giving it money and giving regulators and researchers an inside look into how platforms work. https://ift.tt/7EdtZAU