| Dan Primack / Axios: |
StubHub files for an IPO, with plans to list on the NYSE, and reports a $2.8M loss on $1.77B in revenue in 2024, vs. a $405M profit on $1.37B in revenue in 2023 — Ticket resale marketplace StubHub on Friday filed for an IPO, saying that it plans to list shares on the New York Stock Exchange.| Nikhilesh De / CoinDesk: |
The US Treasury's sanctions watchdog removes Tornado Cash from its global blacklist, after a federal appeals court ruled against the sanctions in November 2024 — The U.S. Treasury Department's sanctions watchdog removed Tornado Cash from its global blacklist Friday.| Kylie Robison / The Verge: |
Perplexity proposes to buy TikTok, says it wants to open source the algorithm and that it is “singularly positioned to rebuild” it “without creating a monopoly” — The AI search startup laid out its bid for buying, and rebuilding, TikTok.| Sara Fischer / Axios: |
Yahoo strikes a deal to sell TechCrunch to media investment firm Regent, which acquired PCWorld publisher Foundry earlier this week — Yahoo on Friday said it has struck a deal to sell TechCrunch, the 20-year-old tech journalism site, to Regent, a media investment firm.| Paul Liu / The Keyword: |
Google says its test removing European news content for 1% of users in eight EU countries found that there was no change to Search ad revenue due to the removal — Google ran an experiment to understand the value of European news content. The data shows people visited Google … | Berber Jin / Wall Street Journal: |
Index Ventures, Wiz's largest outside shareholder with a 13% stake, is set to turn its $245M investment into $4.3B from Wiz's pending sale to Alphabet for $32B — Index Ventures is set to earn a 250-fold return on its seed money in a startup Google has agreed to buy| Leo Schwartz / Fortune: |
Sources: Katie Haun is raising $1B across two new crypto-focused funds as her Haun Ventures is close to deploying most of the $1.5B raised in 2022 — Katie Haun is back on the fundraising circuit. The former federal prosecutor, who raked in $1.5 billion for her record-breaking debut venture funds in 2022 … | Anton Shilov / Tom's Hardware: |
Intel reorganizes Intel Foundry leadership as EVP Ann Kelleher, former GM of Technology Development and now strategic adviser, plans to retire later this year — Intel reorgs Intel Foundry around two key executives. — Dr Ann Kelleher, the executive vice president at Intel responsible … | Gael Cooper / CNET: |
DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option — Don't expect to pay for a taco in installments — a Klarna rep says the credit options can only be used on purchases of $35 and up.| Kif Leswing / CNBC: |
A profile of Lisa Su, as AMD vies for a bigger chunk of the AI market; CTO Mark Papermaster says AMD had $5B in AI chip sales in 2024, up from $100M in 2023 — When Lisa Su became CEO of Advanced Micro Devices in late 2014, the company was in dire straits and on the brink of potential bankruptcy.| Bloomberg: |
A profile of Jed McCaleb, the billionaire who was behind Mt. Gox and XRP, as his aerospace startup Vast looks to build a private space station with SpaceX — Crafting and launching a space station that can keep humans alive comfortably in orbit is no easy feat. — Jed McCaleb made a fortune in cryptocurrency.| Heather Landi / Fierce Healthcare: |
Inspiren, which provides workflow and staffing tech and AI-based fall detection for senior living facilities, raised a $35M Series A led by Avenir — Artificial Intelligence funding round Remote Monitoring venture capital (VC) — The demand for senior care services is poised … | David Pan / Bloomberg: |
The crypto-lending industry, nearly wiped out in the last bear market, is staging a comeback as Cantor Fitzgerald launches a $2B Bitcoin financing business — The last major bear market nearly wiped out the entire crypto-lending industry. Now, it's staging a major comeback … | Caroline O'Donovan / Washington Post: |
A look at Amazon's suit against the Consumer Product Safety Commission, claiming the agency is unconstitutional, an argument favored by the Trump administration — The company's lawsuit argues it shouldn't have to cooperate with the Consumer Product Safety Commission, which oversees recalls of dangerous goods.| Bloomberg: |
Sources: Coinbase is in advanced talks to buy Deribit, the largest bitcoin and ether options trading platform, which was reportedly valued at $4B-$5B in January — The companies have notified regulators in Dubai about the discussions as Deribit holds a license there, which would be taken over by any acquirer, some of the people said.
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| Rhiannon Williams / MIT Technology Review: |
| Aisha Malik / TechCrunch: |
| Demetri Sevastopulo / Financial Times: |
| Bruna Horvath / NBC News: |
| Wired: |
| Paris Martineau / The Information: |
| The Cloudflare Blog: |
| Cheyenne Ligon / CoinDesk: |
| Kyle Wiggers / TechCrunch: |
| Kyle Wiggers / TechCrunch: |