Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
Government-funded scientific research reflects public interest, study finds
Around the world, governments fund scientific research with taxpayer money as a public good. But how well does science serve the public interest in practice? A new study led by Northwestern University researchers finds that public funding is well-ali.....»»
The Games Fund relocates to Miami and will continue funding Eastern European game studios
The Games Fund had to relocate from Moscow to Miami after war broke out in Ukraine. It continues to invest in Eastern European game studios. The Games Fund had to relocate from Moscow to Miami after war broke out in Ukraine. It continues to inves.....»»
Magic Eden launches Magic Ventures fund for Web3 games
Magic Eden has launched Magic Ventures, a new venture capital fund that will focus on investments in Web3 games. Magic Eden has launched Magic Ventures, a new venture capital fund that will focus on investments in Web3 games.Read More.....»»
Netlify pays it forward with Jamstack Innovation Fund
The Netlify platform provides devs with a service to deploy and manage Jamstack apps, which are built with a growing ecosystem of tools. The Netlify platform provides devs with a service to deploy and manage Jamstack apps, which are built with a.....»»
Analysis: GameStop’s NFT marketplace earns the company just $45K in first day
After months of hype, the retailer may have missed the NFT gravy train. Enlarge / Is GameStop's "power to the players" NFT marketplace bringing any power to GameStop itself? GameStop's new NFT marketplace—which finally laun.....»»
Twitter tells Musk his “purported termination” of merger deal is invalid
Twitter sends letter slamming Musk in prelude to lawsuit. Enlarge Twitter told Elon Musk in a letter that his "purported termination" of their merger deal "is invalid and wrongful," and that his commitment to fund the purchas.....»»
May Mobility partners with State Farm to help fund work with Toyota
The fresh funds will underpin the company's ongoing work with Toyota, which has been a long-time backer of the Michigan-based company......»»
Three Arrows Founders" Whereabouts Are Unknown, Foiling Liquidators
The founders of bankrupt crypto hedge fund Three Arrows Capital haven't been cooperating in the firm's liquidation process and their whereabouts were unknown as of Friday, according to court papers. From a report: Representatives tapped to liquidate.....»»
GameStop Launches NFT Marketplace
GameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs, in a bid to reinvent its business and cash in on consumer adoption of cryptocurrencies and blockchain technology. CNBC reports: The platfor.....»»
Lawsuit Accuses Troubled Crypto Lender Celsius Network of Fraud
A former investment manager at Celsius Network sued the crypto lender on Thursday, saying it used customer deposits to rig the price of its own crypto token and failed to properly hedge risk, causing it to freeze customer assets. From a report: The c.....»»
VW adding more banks to Porsche IPO
Porsche has been holding early meetings with fund managers in recent weeks, sources said. It is considering launching the offering as soon as September, with an aim to list in October at the earliest, the people said......»»
Vector Capital becomes the majority shareholder of WatchGuard Technologies
WatchGuard Technologies announced that Vector Capital closed the deal to acquire interests previously owned by other co-investors. Under the new agreement, Vector Capital becomes the majority owner of WatchGuard and IPW, a European fund focused on in.....»»
AstraLocker ransomware dev has change of heart, shuts down
The person who made the AstraLocker ransomware virus has shut down the malware and given the decryption keys to Virus Total......»»
Michigan allocates $130 million for new EV training center
The state appropriation will fund "the construction of and programming for" the center, which will be operated by the University of Michigan, according to a copy of the bill......»»
Google will pay US app developers $90 million in a settlement over app store policies
US Android app developers will be able to claim money from a new $90 million fund Google will establish as part of a wider settlement with app makers over the tech giant's app store practices, the company said Thursday......»»
Walking a tightrope (1): Global economy and future risks
As the epidemic draws to a close, the world is looking forward to a rebound. In the fourth quarter of 2021, the World Monetary Fund (IMF) forecast that the global economy would grow at 4.9% in 2022. But in April it lowered the growth to 3.6% from 4.4.....»»
Trinsic raises $8.5 million to build user-controlled identity products
Trinsic announced an $8.5M seed round led by Georgian with participation from Jon Gelsey (Founding CEO, Auth0), Frederic Kerrest (Executive Vice Chairman, Co-founder & COO, Okta), Kickstart Seed Fund, Founder’s Co-op, Osage Venture Partners, Forwar.....»»
Sustainable practices improve farmers" well-being
Small-holder farmers in rural Tanzania can improve food security and their well-being by adopting agroecological practices, new research funded by UKRI Global Challenges Research Fund has shown......»»
As China Shuts Out the World, Internet Access From Abroad Gets Harder Too
Most internet users trying to get past China's Great Firewall search for a cyber tunnel that will take them outside censorship restrictions to the wider web. From a report: But Vincent Brussee is looking for a way in, so he can better glimpse what li.....»»
Automotive hose manufacturer hit by ransomware, shuts down production control system
A US subsidiary of Nichirin Co., a Japan-based company manufacturing and selling automotive hoses and hose parts, has been hit with ransomware, which resulted in the shut down of the subsidiary’s network and production control system. What happ.....»»