Patrick Mensah: Illuminating the Ethical Gold Trade.
Patrick Mensah, a Ghanaian entrepreneur turned ethical gold visionary and the founder of @iampatrickmensa Gold, unfolds.
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US prosecutors have gathered over 6M pages of documents ahead of Sam Bankman&Fried's trial, an unusually large amount that underscores his legal difficulties (New York Times). Read More π
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Amazon announces the 11&inch Fire Max 11, offering a sleeker design, slim bezels, MediaTek SoC, support for a new keyboard with trackpad and a stylus, from $230 (Umar Shakir/The Verge). Read More π
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Apple announces a "multiyear, multibillion&dollar" deal with Broadcom to develop and manufacture 5G and wireless components, including FBAR filters, in the US (Chance Miller/9to5Mac). Read More π
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SEC&backed FINRA approved two crypto&related companies, including broker&dealer Prometheum Capital, which defined tokens as securities to comply with SEC rules (Jesse Hamilton/CoinDesk). Read More π
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Sources: in 2020 and 2021, Binance commingled customer funds with revenue; a source says the sums ran into billions of dollars in Silvergate&held accounts (Reuters). Read More π
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Building AI responsibly matters more than competition, one company cannot fulfill AI's potential alone, and global cooperation, especially US&EU, will be key (Sundar Pichai/Financial Times). Read More π
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US Surgeon General Dr. Vivek Murthy releases a 19&page report arguing social media can have a "profound risk of harm" for kids and teens and calls for action (New York Times). Read More π
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Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta's acquisition in 2022; Meta can still access Giphy content (Yuvraj Malik/Reuters). Read More π
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Adobe launches Generative Fill for Photoshop, one of the first Creative Cloud apps to use its generative AI Firefly tool, in beta, rolling out fully in H2 2023 (Jess Weatherbed/The Verge). Read More π
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South African digital banking startup TymeBank raised a $77.8M pre&Series C led by Norrsken22 and Blue Earth Capital, after a $110M Series B in February 2021 (Tage Kene&Okafor/TechCrunch). Read More π
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Warner Bros. Discovery launches Max, offering substantially more 4K content than HBO Max via its $19.99 per month Ultimate plan, above the $15.99 ad&free plan (Chris Welch/The Verge). Read More π
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How ShareIt became a go&to file transfer app in countries where data is prohibitively expensive; the company claims the app has 2.4B downloads globally (Rest of World). Read More π
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Hong Kong outlines crypto trading rules for bitcoin, ether, and other large coins, letting retail investors trade them on licensed exchanges starting on June 1 (Bloomberg). Read More π
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