The Russian government has blocked access to Facebook, a move it blamed on the social media company’s restrictions to Russian state media. The country’s communications regulator, Roskomnadzor, said Friday that Facebook parent company Meta Platforms had engaged in “discrimination against Russian news media.” Russia previously slowed Meta’s services across the country, mainly affecting video...
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Coinbase Pulls Back Its Startup Investing as Others Weigh Options
Investors are fleeing crypto as the markets collapse. So will big crypto companies keep pumping money into startups to help the fledgling industry stay afloat? So far, the data is mixed. On one hand, industry giant and once prolific investor Coinbase has been tapping the brakes. Its venture arm, Coinbase Ventures, invested in just eight companies in June—including decentralized crypto...
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