🍪Chip chat: China's government isn't happy with the Trump administration's recent guidelines that says using Huawei's Ascend AI chips "anywhere in the world" would violate U.S. export rules. Now, China is threatening legal action against anyone who enforces that.
🧮Automated accounting: Filed is a startup that just raised $17.2 million to automate the grunt work in tax prep. The company isn't just looking to help accountants move faster but rather help fill in the tax industry's growing labor shortage as CPAs retire and fewer people enter the field.
🌊Selling the sea: The U.S. Department of the Interior announced that it is beginning the process of selling deep-sea mining leases. While announcements like these — those involving initiatives that could harm natural ecosystems — aren't uncommon these days, what is is that this one comes at the request of a startup.
🗣️TEDtok: Ahead of the potential TikTok ban, if that is still even a thing, nonprofit TED Talks released its own short-form video feature called TED Shorts. This feature will include short snippets of existing TED talks in addition to original content.
📈Success for Scribble: The fundraising market remains tough for emerging managers, but some are still finding success. Elizabeth Weil's Scribble Ventures just raised $80 million for its third fund, surpassing its $75 million hard cap.
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