Anna Edgerton / Bloomberg:
Washington state lawmakers pass new taxes amid a record budget deficit, targeting Amazon, Microsoft, and others to raise $9B+; Gov. Bob Ferguson can now sign — New taxes passed in the final days of Washington's legislative session seek to bridge a record budget deficit by shifting …
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Tuesday, April 29, 2025
Washington state lawmakers pass new taxes amid a record budget deficit, targeting Amazon, Microsoft, and others to raise $9B+; Gov. Bob Ferguson can now sign (Anna Edgerton/Bloomberg)
Monday, April 28, 2025
Spotify says it has paid $100M+ to podcast publishers and creators since January 2025 via a new creator program based on Premium subscribers' video engagement (Jessica Testa/New York Times)
Jessica Testa / New York Times:
Spotify says it has paid $100M+ to podcast publishers and creators since January 2025 via a new creator program based on Premium subscribers' video engagement — The audio platform has branched out to video and has given its podcasters a raise as the war for creator talent heats up.
Music creation startup Splice buys London-based orchestral sound studio Spitfire Audio, a source says for ~$50M; sources say Splice has $100M+ in annual revenue (Anna Nicolaou/Financial Times)
Anna Nicolaou / Financial Times:
Music creation startup Splice buys London-based orchestral sound studio Spitfire Audio, a source says for ~$50M; sources say Splice has $100M+ in annual revenue — Music samples group Splice agrees deal to acquire London-based Spitfire Audio for its library of orchestral sounds
Sunday, April 27, 2025
Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024 (Wall Street Journal)
Wall Street Journal:
Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024 — Companies seek to capitalize on lighter regulation, growing mainstream interest — President Trump's embrace of digital currencies …
Sources: Huawei has approached some clients to test the technical feasibility of the Ascend 910D, Huawei's newest AI chip that it hopes will beat Nvidia's H100 (Wall Street Journal)
Wall Street Journal:
Sources: Huawei has approached some clients to test the technical feasibility of the Ascend 910D, Huawei's newest AI chip that it hopes will beat Nvidia's H100 — Superpower rivalry over semiconductors heats up despite Washington's attempts to block Beijing
A look at the rise of "pure play" bitcoin companies like Twenty One, as the stock market is paying far more for crypto exposure than the crypto market itself is (Matt Levine/Bloomberg)
Matt Levine / Bloomberg:
A look at the rise of “pure play” bitcoin companies like Twenty One, as the stock market is paying far more for crypto exposure than the crypto market itself is — Twenty One, Trumpcoin dinner, KKR empathy, carry on co-investments and quantitative analysis of hockey. — Project Mystery
UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published what it called the world's first guidance on auditor AI usage (Ellesheva Kissin/Financial Times)
Ellesheva Kissin / Financial Times : UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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