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Toronto-based Smile CDR, which offers services for health and clinical data interoperability, raised a ~$30M Series B led by UPMC Enterprises and others (Charlize Alcaraz/BetaKit)

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 …

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 (Hannah Lang/Reuters)

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 …

OpenWeb, which helps outlets target readers with ads and manage comments, acquires Jeeng, an audience management service used by over 650 publishers, for $100M (CTech)

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 …

San Francisco asked California regulators to halt or scale back the expansion of Cruise and Waymo, after repeated incidents with stopped and idle robotaxis (David Ingram/NBC News)

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 …

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 (Financial Times)

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 …

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 (Julia Angwin/The Markup)

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 …

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 (Bloomberg)

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.

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 (Kat Bailey/IGN)

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.

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 (Moneycontrol)

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 …

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 (Tim Harford/Financial Times)

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...

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