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The fall of Quibi: how did a starry $1.75bn Netflix rival crash so fast — The Guardian

While it’s too soon to declare the end of Quibi, it’s still worth asking: is the promise of the quick bite already over, questions Adrian Horton.

Here is the link: https://www.theguardian.com/tv-and-radio/2020/jun/28/quibi-netflix-jeffrey-katzenberg-crash

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Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

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.