IRL, the social messaging network popular with American teens, has raised $170 million at a $1.2 billion valuation. SoftBank is leading the round through its Vision Fund 2, one of its first major social media investments after leading TikTok-owner ByteDance’s Series D fundraise in 2018. San Francisco-based IRL, launched in 2017, started as a live events discovery platform before pivoting to...
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The Weekend Crypto Policy
The Information Weekend Does Wyoming, Featuring the Tech Transplant’s Guide to Cowboy Living, an Intro to Crypto’s Favorite Senator, and a Glimpse of the Great DAO Land Grab
Hi, welcome to your Weekend: Special Wyoming Edition!Why devote a whole issue to Wyoming, you ask? Because the smallest state in the union has been been playing an outsized role in tech lately, writing laws that encourage the growth of cryptocurrencies, DAOs, and other instruments that are at the forefront of Silicon Valley innovation right now. Forget Miami and Austin; crypto companies like...
States Appeal Loss of Antitrust Case Against Facebook
Netflix Raises Prices in U.S., Canada
Startup Orca Security Finds Critical Flaws in AWS Cloud Services
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