Pete Evans / CBC News: Evacuees from the wildfires threatening Yellowknife say that Meta’s news fight with Canada’s government makes it harder for them to share lifesaving information — Meta notes government... Read more »
Bloomberg: Draft IPO filing shows Arm revenue fell 1% YoY to $2.68B in the 12 months ended on March 31; sources: Arm is expected to sell ~10% of its shares in the... Read more »
Todd Spangler / Variety: In a post on X, Elon Musk says “Block is going to be deleted as a ‘feature’, except for DMs” as it “makes no sense”, without giving further... Read more »
Anirban Sen / Reuters: Sources: SoftBank acquired a 25% stake in Arm from its Vision Fund unit at a $64B valuation and plans to make the chip designer’s IPO filing public on... Read more »
Bloomberg: Email: Amazon is offering $12,500 to some creators for 500 videos, or $25 a video, for its TikTok-like shopping feed; creators typically charge $200+ per video — – Content creators typically... Read more »
Ingrid Lunden / TechCrunch: Viome, which sells supplements to customers based on AI-based assessments of their microbiomes, raised an $86.5M Series C, bringing its total funding to $175M — Research on the... Read more »
David Jeans / Forbes: London-based credit card processor Checkout.com abruptly terminates its contract with Binance citing reports of regulatory actions and money laundering concerns — Checkout.com, the London-based credit card processing company... Read more »
Taylor Hatmaker / TechCrunch: Twitch plans to roll out a long-requested anti-harassment feature in the next few weeks, letting streamers block banned users from watching streams — Twitch’s chat ban tools have... Read more »
Zeke Faux / Bloomberg: A book excerpt traces “wrong number” texts to Chinese gangs in Cambodia and Myanmar that use forced labor to run pig butchering scams involving Tether — The mysterious... Read more »
Manya Saini / Reuters: KPMG: Canadian fintech investments, including VC, private equity, and M&A, totaled $353.7M across 57 deals in H1 2023, vs. $834.1M across 109 deals in H1 2022 — Investment... Read more »