Swetha Gopinath / Bloomberg:
Raspberry Pi plans to sell shares at £2.60 to £2.80 each in its London IPO, aiming to raise ~£157M; existing shareholder Arm has agreed to buy $35M of shares — British personal computer maker Raspberry Pi and its shareholders are looking to raise £157 million …
FTX sells its remaining 15M Anthropic shares, netting $450M+ and taking its total haul to $1.3B from its original $500M investment, as legal costs pass $500M (Zack Abrams/The Block)
Zack Abrams / The Block:
FTX sells its remaining 15M Anthropic shares, netting $450M+ and taking its total haul to $1.3B from its original $500M investment, as legal costs pass $500M — – The FTX estate has sold its remaining shares in Anthropic, a valuable AI startup, as the total cost of the bankruptcy surpasses $500 million …
Microsoft plans to invest $3.21B to expand its cloud and AI infrastructure in Sweden over two years, including a pledge to train 250K people with AI skills (Reuters)
Reuters:
Microsoft plans to invest $3.21B to expand its cloud and AI infrastructure in Sweden over two years, including a pledge to train 250K people with AI skills — Microsoft (MSFT.O) will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure …
Spotify plans to raise US prices: Premium from $10.99 to $11.99 per month, Duo from $14.99 to $16.99, and Family from $16.99 to $19.99, after a July 2023 hike (Tom Warren/The Verge)
Tom Warren / The Verge:
Spotify plans to raise US prices: Premium from $10.99 to $11.99 per month, Duo from $14.99 to $16.99, and Family from $16.99 to $19.99, after a July 2023 hike — A year after Spotify first increased the price of Spotify Premium in the US, it’s happening again.
Monzo reports £880M in FY 2023-24 revenue, up from £355.6M in 2022, a £15.4M pretax profit, up from a £116.3M loss in 2022, 9.7M users, and £11.2B in deposits (Aisha S Gani/Bloomberg)
Aisha S Gani / Bloomberg:
Monzo reports £880M in FY 2023-24 revenue, up from £355.6M in 2022, a £15.4M pretax profit, up from a £116.3M loss in 2022, 9.7M users, and £11.2B in deposits — – British digital bank now has almost 10 million customers — Monzo is opening a new office in Ireland to grow in the EU
Zara plans to expand live shopping broadcasts in the UK, Europe, and the US between August and October 2024, testing a format that is wildly popular in China (Reuters)
Reuters:
Zara plans to expand live shopping broadcasts in the UK, Europe, and the US between August and October 2024, testing a format that is wildly popular in China — Zara will expand its live shopping broadcasts to the UK, Europe and the United States this year, testing a format …
A look at the uptick of AI-generated videos on TikTok featuring politicians in the UK; Ofcom says TikTok was the fastest growing news source in 2022 and 2023 (Marianna Spring/BBC)
Marianna Spring / BBC:
A look at the uptick of AI-generated videos on TikTok featuring politicians in the UK; Ofcom says TikTok was the fastest growing news source in 2022 and 2023 — Young voters in key election battlegrounds are being recommended fake AI-generated videos featuring party leaders, misinformation …
A look at OP_CAT, the front-runner in Bitcoin’s software upgrade debate that could add new features, from better coin custody to DeFi apps common on ETH and SOL (Olga Kharif/Bloomberg)
Olga Kharif / Bloomberg:
A look at OP_CAT, the front-runner in Bitcoin’s software upgrade debate that could add new features, from better coin custody to DeFi apps common on ETH and SOL — – Front-runner called OP_CAT may enable better Bitcoin custody — Bitcoin can be more than it is, Taproot’s Wertheimer says
A look at the challenges C.C. Wei faces as he becomes TSMC’s chairman on June 4 as part of a management reorg that includes preparing a successor to Wei as CEO (Cheng Ting-Fang/Nikkei Asia)
Cheng Ting-Fang / Nikkei Asia:
A look at the challenges C.C. Wei faces as he becomes TSMC’s chairman on June 4 as part of a management reorg that includes preparing a successor to Wei as CEO — CEO set to takes reins as chairman of chip powerhouse from Tuesday — HSINCHU, Taiwan — For six years …
Sources and filings detail Sam Altman’s investment portfolio as he and his venture funds have invested in 400+ companies and his holdings are worth $2.8B+ (Wall Street Journal)
Wall Street Journal:
Sources and filings detail Sam Altman’s investment portfolio as he and his venture funds have invested in 400+ companies and his holdings are worth $2.8B+ — Many companies backed by CEO do business with the ChatGPT maker and benefit from the AI boom driven by the blockbuster startup, raising questions of conflicts
