- New York City-based Kumospace, which offers video chat and remote work tools to organizations, has raised a $21M Series A led by Lightspeed Venture Partners (Kyle Wiggers/TechCrunch)
- Big investment firms, including Abrdn, BlackRock, and Charles Schwab, are embracing digital assets despite the crypto crash, as consumer groups raise concerns (Financial Times)
- Some computational neuroscientists say self-supervised AI learning models have shown a closer correspondence to brain function than supervised-learning models (Anil Ananthaswamy/Quanta Magazine)
- Analysis: Tencent and Alibaba, whose stocks have dropped 60% and 65% respectively since February 2021, have lost more market value than any other stock globally (Jeanny Yu/Bloomberg)
- Source: China has blocked Tencent-backed health platform DXY from posting on Weibo, WeChat, and Douyin amid its criticism of China's efforts to fight COVID-19 (Cissy Zhou/Nikkei Asia)
- A profile of COO Javier Olivan, who has become Meta's "unofficial fixer" and has had a hand in all of the company's major competitive battles and acquisitions (Kurt Wagner/Bloomberg)
- D-Wave completed its planned SPAC merger last week, the third quantum computing startup, after Rigetti and IonQ, to go public via SPAC within the last year (Mark Sullivan/Fast Company)
- Central Payments, a payments tech and card-issuing platform for banks, has raised $30M in a deal that spins out the company from the Central Bank of Kansas City (PYMNTS.com)
- Uber will end its free loyalty program Uber Rewards on November 1, 2022, to focus on its new Uber One membership program (Emma Roth/The Verge)
- China's internet watchdog publishes a list of 30 algorithms used in popular apps, including Wechat, Taobao, and Douyin, with brief descriptions of their use (Reuters)
- Overtime, which distributes original sports content on social media channels, raised a $100M Series D at a $500M valuation, bringing its total funding to $250M (Chris Metinko/Crunchbase News)
- A look at Sam Bankman-Fried's US lobbying, seeking to make CFTC, not SEC, oversee crypto markets and change how commodity futures markets operate in the US (Freddy Brewster/Los Angeles Times)
- Experts say Coinbase's decision to stop emailed price alerts during 2022's crypto crash likely contributed to retail investor losses and was potentially illegal (Ali Breland/Mother Jones)
- Stable Diffusion, a DALL-E 2-like system now available to 1K+ researchers, is raising tricky ethical questions by allowing depictions of public figures and more (Kyle Wiggers/TechCrunch)
- Amazon's new reality show Ring Nation featuring footage from its Ring home security cameras is the company's latest effort to normalize its surveillance network (Edward Ongweso Jr/VICE)