Reading List

The most recent articles from a list of feeds I subscribe to.

Farcaster co-founders Dan Romero and Varun Srinivasan, along with the team at Merkle, join stablecoin startup Tempo after Merkle's sale of Farcaster to Neynar (Kyle Baird/The Block)

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Sources: the White House is drafting a voluntary pact seeking commitments from tech companies to ensure data centers don't raise electricity prices and more (Politico)

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Sources: the Trump administration plans to spare US hyperscalers from upcoming tariffs on chips; exemptions would be based on TSMC's US investment commitments (Aime Williams/Financial Times)

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The US NLRB abandons its 2024 case accusing SpaceX of illegally firing eight engineers and signals it will steer clear of future cases against the company (Josh Eidelson/Bloomberg)

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Chipmaker Onsemi reports Q4 revenue down 11% YoY to $1.53B, vs. $1.54B est., as its two biggest business units continue to post sales declines; ON drops 4%+ (Katherine Hamilton/Wall Street Journal)

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Sources: crypto exchange Backpack, built by ex-FTX and Alameda leaders, is in talks to raise $50M at a $1B pre-money valuation, reports $100M+ in annual revenue (Ryan Lawler/Axios)

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Oxide Computer, which lets companies build their own cloud, raised $200M led by USIT, taking its total funding to nearly $390M since its 2019 founding (Chris Metinko/Axios)

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Sources: Stripe is in talks to launch a tender offer that could value the company at $140B+, up from $107B last fall, when it bought back shares from investors (Lucinda Shen/Axios)

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An eight-month study at a US tech company finds AI tools didn't reduce work but intensified it, as employees worked faster and took on a broader range of tasks (Harvard Business Review)

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OpenAI says ads in ChatGPT are not eligible to appear near "sensitive or regulated topics like health, mental health or politics" (Madison Mills/Axios)

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OpenAI says it has started testing ads in ChatGPT in the US for logged-in adult users on the Free and Go tiers and that the ads do not change ChatGPT answers (OpenAI)

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Lyft launches teen accounts in the US more than two years after Uber, with safety features such as PIN verification, real-time tracking, and audio recordings (Samantha Subin/CNBC)

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Neara, which builds digital twins of critical infrastructure to help prepare for disasters, raised a AU$90M Series D, a source says at a AU$1.1B valuation (Rhiannon Hoyle/Wall Street Journal)

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Sources: Alphabet has attracted more than $100B of orders for a bond sale that's expected to be about $15B (Brian W Smith/Bloomberg)

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Beast Industries, the entertainment conglomerate founded by MrBeast and last valued at $5.2B, acquires Step Mobile, a teen-focused banking app (Valida Pau/The Information)

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Autodesk sues Google for allegedly infringing its Flow trademark as the name of Google's AI filmmaking tool (Jonathan Stempel/Reuters)

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Monday.com's stock plunges 20%+ after the project management software company issued weak Q1 guidance, as it battles rising pressure from agentic AI tools (Samantha Subin/CNBC)

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Sources: Alphabet plans to sell a rare 100-year sterling bond, as Big Tech companies borrow more to fund their capex growth; IBM sold a 100-year bond in 1996 (Financial Times)

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Workday announces CEO Carl Eschenbach is stepping down and will be replaced by the company's co-founder, Aneel Bhusri, effective immediately; WDAY drops 6%+ (Ashley Capoot/CNBC)

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Databricks raised $5B in equity financing and $2B in debt at a $134B valuation and says its annualized revenue crossed $5.4B for the January quarter, up 65% YoY (Jordan Novet/CNBC)

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