Naga Avan-Nomayo / The Block:
Chinese regulators reiterate the mainland crypto ban and expand enforcement to cover real-world asset tokenization and offshore yuan-pegged stablecoin issuance  —  Quick Take  — Beijing authorities have explicitly widened the net to target real-world asset tokenization …

Rohit Singh / MediaNama:
X unveils a new pay-per-use pricing model for its API, replacing the earlier pricing model that required developers to pay fixed monthly fees of $200 or $5,000  —  X has launched a new pay-per-use pricing model for its developer application programming interface (API), replacing …

Anna Tong / Forbes:
Sources: Mercor rival micro1 has told investors it is now generating $200M in recurring revenue; Mercor is offering micro1 employees signing bonuses up to $2M  —  Employees at micro1, a human data company, have been offered cash bonuses between $500,000 and $2 million, to join rival Mercor.

Christopher Mims / Wall Street Journal:
A look at Corning's booming fiber-optic business, boosted by data center demand and a $6B Meta deal, as Nvidia explores Corning's co-packaged optics for servers  —  Everyone told the company to sell its unprofitable fiber-optic business.  Now that division is powering its stock to all-time highs.

After what can generously be called a contentious tenure as the CEO of The Washington Post, Will Lewis is stepping down following mass layoffs this week. Jeff D'Onofrio, former CEO of Tumblr from 2017 to 2022, will step in as acting CEO and publisher. D'Onofrio has been CFO at the Post since June of last […]