Charlize Alcaraz / BetaKit: Toronto-based Smile CDR, which offers services for health and clinical data interoperability, raised a ~$30M Series B led by UPMC Enterprises and others — LinkedIn posts indicate Smile Digital Health quietly let people go last year. — Toronto-based health data company Smile CDR …
18m
Hannah Lang / Reuters: The US Federal Reserve rejected Custodia Bank's application to become a Federal Reserve System member, citing safety risks with the bank's crypto-focused model — The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank's application to become a member of the Federal Reserve System …
47m
CTech: OpenWeb, which helps outlets target readers with ads and manage comments, acquires Jeeng, an audience management service used by over 650 publishers, for $100M — The Israeli-founded unicorn, which raised $170 million at a $1.5 billion valuation three months ago, completed its third acquisition in a year …
1h
David Ingram / NBC News: San Francisco asked California regulators to halt or scale back the expansion of Cruise and Waymo, after repeated incidents with stopped and idle robotaxis — SAN FRANCISCO — San Francisco is trying to slow the expansion of robotaxis after repeated incidents in which cars without drivers stopped …
2h
Financial Times: Meme-stock mania companies, including GameStop and AMC Entertainment, have raised $4.7B since the hype began in January 2021, but failed to boost performance — Cash bonanza enabled by retail investors fails to boost beneficiaries' performance — Companies at the centre of the meme-stock mania …
5h
Julia Angwin / The Markup: Q&A with Princeton CS professor Arvind Narayanan on why he calls ChatGPT a “bullshit generator”, his worries over its boom, developing his AI taxonomy, and more — Hello, friends, — If you have been reading all the hype about the latest artificial intelligence chatbot …
9h
Bloomberg: As the GOP assumes US House leadership, the antitrust subcommittee shifts its focus from bipartisan efforts to curb Big Tech's power to free speech issues — The new GOP House majority is turning away from last year's bipartisan efforts to rein in the dominance of the largest tech companies with a change in leadership on a key panel.
12h
Kat Bailey / IGN: Q&A with Microsoft Gaming CEO Phil Spencer on Xbox having no major 2022 releases, 2023 momentum, layoffs, the Activision deal amid the FTC lawsuit, and more — Xbox's CEO talks about the recent Developer Direct, 2022 struggles, layoffs, and what 2023 could hold.
15h
Moneycontrol: Some ShareChat employees and investors detail the company's leadership crisis and say revenue has not kept pace with cash burn and its ~$5B valuation in 2022 — The company's top and middle management are hollowing out, revenue has not kept pace with cash burn and Sharechat's top-tier valuation …
19h
Tim Harford / Financial Times: What poet, playboy, and prophet of investment bubbles Charles Mackay, plagiarizing in 1841 on the Dutch tulip bubble, can tell us about crypto's rise and fall — One winter morning in early 1637, a sailor presented himself at the counting-house of a wealthy Dutch merchant and was offered a hearty breakfast of fine red...
23h
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