With the value of next-gen Bitcoin mining rigs down an estimated 85%, some crypto lenders flooded with repossessed rigs are keeping them running for the income (David Pan/Bloomberg) - TechnW3 Reviewed by TechNW3 on 13:41 Rating: 5

Sources: Goldman Sachs' Platform Solutions lost ~$2B in 2022, mostly due to the Apple Card and Goldman's installment-lending platform GreenSky (Sridhar Natarajan/Bloomberg) - TechnW3 Reviewed by TechNW3 on 11:42 Rating: 5

Meta sues to ban Voyager Labs from using Facebook and Instagram, alleging the investigative software firm created 38K+ fake accounts to scrape 600K+ users' data (The Guardian) - TechnW3 Reviewed by TechNW3 on 16:41 Rating: 5

The SEC charges Genesis and Gemini with the unregistered offering and sale of securities to retail investors through a Gemini crypto lending program (Sarah Wynn/The Block) - TechnW3 Reviewed by TechNW3 on 14:41 Rating: 5

Butter Payments, which uses AI to help companies catch accidental subscription churn, raised a $21.5M Series A led by Norwest, sources say at a ~$100M valuation (Kenrick Cai/Forbes) - TechnW3 Reviewed by TechNW3 on 13:41 Rating: 5

Sources: low-code app development tools maker OutSystems raised $228.4M in October 2022 at a $4.3B valuation, 55% lower than the $9.5B valuation from Feb. 2021 (Kenrick Cai/Forbes) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5

Sources: Tiger Global struggles to raise its latest fund after investors learned it secretly paid a senior female employee $10M to settle bullying allegations (Semafor) - TechnW3 Reviewed by TechNW3 on 11:41 Rating: 5

Rent the Runway partners with Amazon to launch an Amazon Fashion online storefront featuring new and second-hand items, expecting ~$4.6M in revenue in Q3 2023 (Olivia Rockeman/Bloomberg) - TechnW3 Reviewed by TechNW3 on 10:42 Rating: 5

Alphabet's life sciences unit Verily lays off about 15% of its staff, or more than 200 employees, and discontinues work on several products (Miles Kruppa/Wall Street Journal) - TechnW3 Reviewed by TechNW3 on 15:42 Rating: 5

Sources: Apple promises investors to disclose details about its app removals, including the number of removal requests by country and the legal basis for them (Financial Times) - TechnW3 Reviewed by TechNW3 on 14:42 Rating: 5