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Lithuania announces Tech Zity, a €100M tech campus touted as Europe's largest at ~592K sq. ft., with facilities for 5,000 workers, co-living spaces, and more (Paul Sawers/TechCrunch) 23-06-2023

Paul Sawers / TechCrunch: Lithuania announces Tech Zity, a €100M tech campus touted as Europe’s largest at ~592K sq. ft., with facilities for 5,000 workers, co-living spaces, and more  —  Lithuania is vying to become one of the major European tech hubs, bolstered by a growing number of so-called “unicorn” … Lees verder op Tech Meme

Sources: Reddit's revenue rose 38% YoY to ~$670M in 2022, a steep drop from 2021 growth, adding uncertainty to its IPO plans and suggesting a ~$3.3B valuation (Cory Weinberg/The Information) 23-06-2023

Cory Weinberg / The Information: Sources: Reddit’s revenue rose 38% YoY to ~$670M in 2022, a steep drop from 2021 growth, adding uncertainty to its IPO plans and suggesting a ~$3.3B valuation  —  A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Lees verder op Tech Meme

Filing: the SEC has agreed to forego a $30M fine from bankrupt crypto lender BlockFi until after investors are repaid (Sandali Handagama/CoinDesk) 23-06-2023

Sandali Handagama / CoinDesk: Filing: the SEC has agreed to forego a $30M fine from bankrupt crypto lender BlockFi until after investors are repaid  —  The regulator agreed to forego the payment, owed as part of a settlement of charges against BlockFi, to maximize and speed up payments to investors. Lees verder op Tech Meme