Ant’s canceled China IPO highlights global fintech challenge — Bloomberg
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Around the web
Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo
Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.
AI
CoreWeave raises $1.1B
CoreWeave, a specialized cloud provider for AI, has secured $1.1 billion in new funding.
Fundings
StepSecurity raises $3M
Seattle, WA-based cybersecurity startup StepSecurity has closed a $3 million seed funding round.
Around the web
Microsoft’s latest Windows update breaks VPNs, and there’s no fix — PCWorld
Microsoft said this week that the most recent Windows security update for Windows 10 and Windows 11 may break VPN connections, writes Mark Hachman in PCWorld.
Others
CPS Energy to standardize mission critical technologies on Oracle Cloud
Oracle announced that CPS Energy, the largest community-owned provider of electric and natural gas services in the United States, plans to standardize its mission critical technologies on a single Oracle cloud platform.