Jen Wieczner / New York Magazine: Crypto advocates say recent written and unwritten polices by financial regulators are making it unfeasible or impossible for crypto firms to operate in the US  —  The industry sure thinks so — even as the White House denies it.  —  The crypto company was essentially reverse-engineered for Washington, D.C.’s stamp of approval. Lees verder op Tech Meme

Medha Singh / Reuters: Online study company Chegg suspends full-year outlook, saying ChatGPT’s rising popularity is pressuring subscriber growth; CHGG drops ~50% and is down ~64% YTD  —  What’s the cost of students using ChatGPT for homework?  For U.S. education services provider Chegg Inc (CHGG.N), it could be nearly $1 billion in market valuation. Lees verder op Tech Meme