Reading List
The most recent articles from a list of feeds I subscribe to.
In a letter, Rocket Internet minority shareholder Scherzer & Co accuses the company of marking down startup valuations to buy out backers at "bargain prices" (Financial Times)
Financial Times:
In a letter, Rocket Internet minority shareholder Scherzer & Co accuses the company of marking down startup valuations to buy out backers at “bargain prices” — Shareholder's claims of impairments put billionaire investor Oliver Samwer's stewardship back in the spotlight
Manus says it crossed $100M ARR eight months after launch and is growing at 20%+ MoM since Manus 1.5's release; its total revenue run rate is now over $125M (Jake Rudnitsky/Bloomberg)
Jake Rudnitsky / Bloomberg:
Manus says it crossed $100M ARR eight months after launch and is growing at 20%+ MoM since Manus 1.5's release; its total revenue run rate is now over $125M — Singapore-based AI pioneer Manus said its annual run rate for revenue is over $125 million, eight months after it released artificial …
SoftBank Group was among the Japanese tech stocks that fell on December 18, as Wall Street's AI infrastructure spending worries crossed into the Asian markets (Lim Hui Jie/CNBC)
Lim Hui Jie / CNBC:
SoftBank Group was among the Japanese tech stocks that fell on December 18, as Wall Street's AI infrastructure spending worries crossed into the Asian markets — Japanese tech stocks took a tumble on Thursday as AI infrastructure spending worries on Wall Street crossed the ocean into the Asian markets …
Fermi CEO Toby Neugebauer says Amazon canceled a $150M advance for a Texas AI data center campus; FRMI fell 34% on December 12 after saying a tenant canceled (Dakin Campbell/Business Insider)
Dakin Campbell / Business Insider:
Fermi CEO Toby Neugebauer says Amazon canceled a $150M advance for a Texas AI data center campus; FRMI fell 34% on December 12 after saying a tenant canceled — - Amazon has been in talks to become the “first tenant” at Fermi America's Texas data centers, Fermi CEO Toby Neugebauer told BI.
Wall Street clearinghouse DTCC selects the Canton Network blockchain as a real-world asset tokenization partner after receiving a No-Action Letter from the SEC (Ian Allison/CoinDesk)
Ian Allison / CoinDesk:
Wall Street clearinghouse DTCC selects the Canton Network blockchain as a real-world asset tokenization partner after receiving a No-Action Letter from the SEC — Canton creator Digital Asset will help tokenize DTC-custodied U.S. Treasury securities. — What to know: