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A hack to Yahoo’s shrunken reputation — The New Yorker

Vauhini Vara, the former business editor of newyorker.com, calls Yahoo the ‘Britney Spears of the Internet,’ and wonders whether current Yahoo users and potential future ones will decide that the downsides of using Yahoo have come to outweigh any benefits. You can find the article here.

[Image courtesy: Yahoo]

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Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.