OnlyFans says it will generate $2B+ in sales in 2020, now has 85M users, is adding around 500K users a day, and is paying out $200M+ a month to its 1M+ creators — As Cardi B prepared the release for her new song “WAP,” she checked off all the usual components of her promotional plan …
Source: Insight Partners is set to reap ~$2.7B from the pending sale of Wiz to Alphabet, a 15.5x return on its invested capital, based on its ~8% stake in Wiz (Gillian Tan/Bloomberg)
Gillian Tan / Bloomberg:
Source: Insight Partners is set to reap ~$2.7B from the pendinWhite House memo: David Sacks sold $200M+ worth of digital asset-related investments personally and through Craft Ventures before starting his government job (MacKenzie Sigalos/CNBC)
MacKenzie Sigalos / CNBC:
White House memo: David Sacks sold $200M+ worth of digital asSources: Microsoft chose not to exercise a ~$12B option to buy more data center capacity from CoreWeave; OpenAI snapped up the contract on March 10 (Semafor)
Semafor:
Sources: Microsoft chose not to exercise a ~$12B option to buy more data centeSources: the FTC moves ahead with an antitrust probe of Microsoft opened by Lina Khan, signaling that new Chair Andrew Ferguson prioritizes Big Tech scrutiny (Bloomberg)
Bloomberg:
Sources: the FTC moves ahead with an antitrust probe of Microsoft opened by Mistral debuts Mistral Small 3.1, a 24B-parameter multimodal and multilingual open-source model it says outperforms Gemma 3 and GPT-4o-mini and runs on 32GB RAM (Michael Nuñez/VentureBeat)
Michael Nuñez / VentureBeat:
Mistral debuts Mistral Small 3.1, a 24B-parameter multimodSources describe the collapse of fintech middleman Synapse that left ~$200M in customer money frozen, with entities blaming each other for shoddy recordkeeping (Fortune)
Fortune:
Sources describe the collapse of fintech middleman Synapse that left ~$200M in
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