Stripe agrees to acquire Metronome, which offers APIs to help SaaS companies charge customers based on usage and has raised $128M in total funding
compounded by the rise of AI. That shift accelerated even more than I expected. Metronome became the monetization infrastructure Jeff Weinstein / @jeff_weinstein : Welcome @getmetr...
Windsurf CEO Jeff Wang on what happened after co-founders Varun Mohan and Douglas Chen left for Google, and how Cognition's deal to acquire Windsurf unfolded
Based on The Pragmatic Engineer Survey: 3,000 respondents, mostly experienced devs. — Note how other vibe-coding tools are also not popular with this group: [image] Gergely Orosz...
Acquihire deals like Google's Windsurf deal are a wake-up call for AI startup employees left behind, creating new uncertainty over leadership and compensation
Big Tech's growing reliance on licensing deals to scoop up top talent from AI startups risks leaving many rank-and-file workers in limbo.
Figma files for an IPO, plans to trade on the NYSE under the ticker FIG, and reports Q1 revenue up 46% YoY to $228.2M and net income up 233% YoY to $44.9M
Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol “FIG.”
A developer says Twitter appears to be DDoSing itself via a Twitter web app JavaScript bug, which could be tied to Elon Musk's emergency blocks and rate limits
For anyone keeping track, this isn't even the first time they've completely broken … Nick Heer / Pixel Envy : Tweets Are Now Login-Walled — Like Šime Vidas, I have often linked o...
Elon Musk says Twitter has temporarily limited verified accounts to reading 10K posts/day, unverified 1K, and new unverified 500, due to “extreme” data scraping
Censorship Expert Says Musk ‘Has Stepped on a Rattlesnake’ Jonas Mäki / Gamereactor UK : Twitter stops data collection by adding lots of restrictions Brayden Lindrea / Cointelegrap...
Elon Musk says verified Twitter accounts are temporarily limited to reading 10K posts/day, unverified 1K, and new unverified 500, due to “extreme” data scraping
Twitter is putting limits to how many tweets its users can read as the Elon Musk-owned service suffers extended outage …
A developer says Twitter appears to be DDoSing itself due to a bug in Twitter's web app, which could be tied to Elon Musk's emergency blocks and rate limits
For the last two days, Elon Musk has claimed that Twitter is under attack from “several hundred organizations” who were conducting …
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
Programming note: Money Stuff was supposed to be off today, but: bank run! — SVB
Stripe launches Financial Connections to let its customers pull their users' banking data directly, debuting first in the US for $0.10 to $1.50 per API call
Ingrid Lunden / TechCrunch :
Alloy Automation, a no-code service for e-commerce companies that automates workflows across applications, raises a $20M Series A led by a16z
Alex Wilhelm / TechCrunch :
Square says Square Financial Services, its industrial bank, has started operations after getting FDIC approval last year
Known for its innovations in the payments sector, Square is now officially a bank. — Nearly one year after receiving conditional approval, Square said Monday afternoon …
Snap apologizes and disables its Juneteenth filter that allowed users to “smile and break the chains”, saying it didn't go through its usual review process
Kim Lyons / The Verge :
Stripe launches Stripe Capital, a service for advancing loans to customers that get repaid out of future sales made through Stripe's platform, in the US
Ingrid Lunden / TechCrunch :
DoorDash agrees to acquire Caviar, Square's food delivery business, for $410M in cash and preferred DoorDash stock
> in unproven food and ride-hailing it would seem that the acquirer has an incentive to pay up because it creates a high implied valuation for the category of which they're a membe...
DoorDash agrees to acquire Caviar, Square's food delivery business, for $410M in cash and preferred DoorDash stock
DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar . DoorDash has agreed to pay Square $410 million in cash and preferr...