Leah Nylen / Politico:
Shareholders allege Facebook conditioned its $5B Cambridge Analytica settlement on the FTC dropping plans to sue and depose Zuckerberg — The company allegedly agreed to overpay on the original $106 million penalty so its CEO and COO could avoid deposition and personal liability.
Erik Schatzker / Bloomberg:
One River Digital Asset Management, a crypto-fund management startup, raises $41M Series A at a $186M valuation, with Coinbase and Goldman Sachs participating — - Startup raises $41 million in Series A funding round — CEO Peters is planning new crypto products and a digital index
Lauren Feiner / CNBC:
Treasury Department sanctions cryptocurrency exchange Suex for helping facilitate and launder transactions from at least eight ransomware variants — - The U.S. Treasury Department announced Tuesday it will sanction a cryptocurrency exchange for its alleged role in laundering ransoms for cyberattacks.
Pádraig Belton / The Guardian:
As TSMC pledges to reach net zero emissions by 2050, a look at how the semiconductor industry is tackling its huge carbon footprint and resource consumption — As demand for chips surges, the semicondutor industry is trying to grapple with its huge carbon foot print — he semiconductor industry has a problem.
Ryan Weeks / The Block:
Paris-based Sorare, a soccer-focused NFT trading platform, raises $680M Series B led by SoftBank Vision Fund 2 at a $4.3B valuation — Quick Take — The fundraise values the Paris-based NFT startup at $4.3 billion. — It comes off a period of rapid growth for Sorare, which now boasts 600,000 registered users.
Max Chafkin / New York Magazine:
Sources: Thiel told a confidant that Zuckerberg made a deal with Kushner in 2019 to not fact-check political speech in exchange for laying off harsh regulations — Sometime around the spring of 1988, several members of the Stanford University chess team traveled to a tournament in Monterey, California, in an old Volkswagen Rabbit.
Annie Palmer / CNBC:
Analysis: Amazon has doubled sponsored product ads at the top of some search results, from two or three to as many as six — - Amazon is adding more sponsored product ads to the top of search results. — Sponsored product ads accounted for roughly 73% of retailers´ Amazon ad spend …
Federico Viticci / MacStories:
In-depth iOS 15 and iPadOS 15 review: many quality-of-life updates, especially to core apps, but few bold new features and no big iPad productivity leaps — In my career as an iOS reviewer, I don´t think I´ve ever seen a response as universally positive and enthusiastic as the general public´s reception of iOS 14 last year.
Ingrid Lunden / TechCrunch:
Indian used-car marketplace Cars24 raises $450M, made up of $340M Series F and $110M in debt, at a $1.84B valuation — The used car market is getting another major infusion of venture capital today, with one of the faster scaling startups out of India picking up a major round of financing …
The Economic Times:
Facebook India appoints former Uber executive Rajiv Aggarwal as head of public policy, a post that has been vacant for nearly a year since Ankhi Das quit — Rajiv Aggarwal, who will work on user safety, data protection and privacy, inclusion and internet governance, will report to Ajit Mohan, managing director, Facebook India