A profile of ex-FTX Chief Regulatory Officer Daniel Friedberg, who had a complex role at FTX that went far beyond legal advice and has no cooperation agreement (Bloomberg)
July 6, 2023
Share on
DigitalOcean agrees to acquire NY-based Paperspace, which offers cloud computing for AI models, for $111M in cash; Paperspace had raised $35M from YC and others (Kyle Wiggers/TechCrunch)
July 6, 2023
Share on
A test by the NY Fed and a group of banks on a private blockchain finds tokenized dollars can improve wholesale payments without “insuperable legal impediments” (Bloomberg)
July 6, 2023
Share on
Tokyo-based Telexistence, which develops AI-powered robotic arms for the retail and logistics industry, raised a $170M Series B from SoftBank and others (Kate Park/TechCrunch)
July 6, 2023
Share on
Sources: Google has delayed the release of its first fully customized chip for the Pixel by at least a year, after originally planning to introduce it in 2024 (Wayne Ma/The Information)
July 6, 2023
Share on
Banking app Clair, which helps employees get paid after finishing a shift, raised $25M led by Thrive Capital and $150M in debt from partner bank Pathward (Christine Hall/TechCrunch)
July 6, 2023
Share on
A look at a National Defense Authorization Act amendment, which if passed would forbid US government agencies from buying citizens’ search histories and more (Dell Cameron/Wired)
July 6, 2023
Share on
Instagram Threads feels like Twitter’s early days, offering users an insta-network underpinned by Meta’s infrastructure that helped surpass smaller rivals (Tim Bradshaw/Financial Times)
July 6, 2023
Share on
US fintech group FIS agrees to sell a majority stake in its merchant payments arm Worldpay to private equity firm GTCR for up to $18.5B, including $11.7B cash (Antoine Gara/Financial Times)
July 6, 2023
Share on
PitchBook: US VCs invested $39.8B in Q2 2023, down ~50% YoY, across 3,011 startup deals, down ~33% YoY, with the number of angel or seed deals falling ~50% YoY (Sarah McBride/Bloomberg)
July 6, 2023
Share on
