| Bloomberg: |
Yuga Labs raises ~$320M by selling 55K virtual land plots in its Otherside metaverse, causing Ethereum blockchain ripple effects and skyrocketing gas fees — Yuga Labs, the creator of the popular Bored Apes Yacht Club collection of NFTs, launched a sale Saturday of virtual land related … | Tripp Mickle / New York Times: |
A look at Jony Ive's evolving responsibilities and frustrations at Apple that eventually led to his June 2019 resignation, adapted from the book “After Steve” — The man who helped give the world candy-colored computers walked out the door as Tim Cook took charge.| Danny Nelson / CoinDesk: |
Solana's network suffered another outage on Saturday, lasting seven hours, when NFT minting tool Candy Machine was hit with bots, leading to ~4M requests/second — It wasn't immediately clear how the bot traffic overcame network safeguards. — Solana stakeholders rushed to right … | CoinDesk: |
The Wikimedia Foundation decides to stop accepting cryptocurrency donations following community feedback, citing Mozilla's similar move in January 2022 — The announcement follows a vote by the Wikimedia community in which 71.2% voted in favor of a proposal to stop accepting cryptocurrency.| Laurence Norman / Wall Street Journal: |
In a preliminary view, the EU says Apple has abused its dominance in mobile wallet markets by preventing developers from using the NFC chips in iPhones — Antitrust authorities take issue with limits on technology used for contactless payments — European Union antitrust authorities … | Mark Gurman / Bloomberg: |
Apple's Q2 warning that supply shortages could hurt sales by up to $8B is a sign of overdependence on China for final device assembly, testing, and packaging — Apple products are primarily assembled in China, and that's brought headaches in recent years—including supply-chain woes in its latest quarter.| Sam Machkovech / Ars Technica: |
European game publisher Embracer buys Square Enix's three Western game studios, with many game series including Tomb Raider and Dues Ex, and their IP, for $300M — $300 million deal includes “over 50” classic games' rights, over 1,000 devs. — On Monday, Japanese game publisher Square-Enix confirmed … | The Markup: |
Study finds the US FAFSA application page shared users' info, including names, zip codes, and email addresses, with Meta via the company's tracking pixel — For millions of prospective college students, applying online for federal financial aid has also meant sharing personal data with Facebook … | Megha Paul / Tech.eu: |
Paris-based Reveal, a B2B service that shares CRM data to help businesses collaborate on sales opportunities, raises a $50M Series A led by Insight Partners — The startup securely shares CRM intelligence to help its users to identify and collaborate on sales opportunities with their partners in real-time| Katie Jennings / Forbes: |
Waltz Health, whose search tool helps patients compare drug prices across marketplaces and pharmacies, emerges from stealth with a $35.4M Series A led by GV — After a 30-year career as an executive at some of the country's largest pharmacy benefit managers - the middlemen … | Priyanka Iyer / Moneycontrol: |
India-based Open, a neobanking service for SMBs, raises a $50M Series D led by IIFL Finance at a $1B valuation — Neobanking platform Open has raised $50 million at a valuation of $1 billon, doubling its valuation from $500 million during its last fundraise in October 2021.| Anita Ramaswamy / TechCrunch: |
Cogni, a digital bank aimed at users aged 18-to-35 with plans to launch crypto and Web3-focused banking services, raises a $23M Series A — Digital banking startup Cogni is joining the ranks of companies hopping on the crypto bandwagon. The mobile-based platform, founded in 2016 …
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