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Shut up and mint the coin

It should be the size of a hubcap, and it should glow in the dark. | Illustration by Alex Castro / The Verge It’s time to mint the coin, sickos! If you have not been paying attention to the most tragically online sectors of the financial internet, here’s a summary: the government is about to

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Google launches Product Studio to let merchants quickly edit product images using generative AI for free, rolling out to US merchants in “the next few months” (Jess Weatherbed/The Verge)

Jess Weatherbed / The Verge: Google launches Product Studio to let merchants quickly edit product images using generative AI for free, rolling out to US merchants in “the next few months”  —  Google is launching Product Studio, a new tool that allows Google Shopping merchants to quickly edit and customize …

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Microsoft launches Fabric, a new end-to-end data platform that aims to create a unified compute infrastructure and a single data lake for analytics workloads (Frederic Lardinois/TechCrunch)

Frederic Lardinois / TechCrunch: Microsoft launches Fabric, a new end-to-end data platform that aims to create a unified compute infrastructure and a single data lake for analytics workloads  —  Microsoft today launched Microsoft Fabric, a new end-to-end data and analytics platform (not to be confused with Azure Service Fabric).

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Microsoft debuts Azure AI Content Safety to moderate images and text in eight languages, assigning severity scores to flagged content and giving explanations (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: Microsoft debuts Azure AI Content Safety to moderate images and text in eight languages, assigning severity scores to flagged content and giving explanations  —  Microsoft is launching a new AI-powered moderation service that it says is designed to foster safer online environments and communities.

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Singapore-based BandLab Technologies, offering a music creation and fan engagement service with 60M+ registered users, raised $25M Series B1 valuing it at $425M (Catherine Shu/TechCrunch)

Catherine Shu / TechCrunch: Singapore-based BandLab Technologies, offering a music creation and fan engagement service with 60M+ registered users, raised $25M Series B1 valuing it at $425M  —  Singapore-based BandLab Technologies, the parent company of social music creation platform BandLab, has raised $25 million …

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US prosecutors have gathered over 6M pages of documents ahead of Sam Bankman-Fried’s trial, an unusually large amount that underscores his legal difficulties (New York Times)

New York Times: US prosecutors have gathered over 6M pages of documents ahead of Sam Bankman-Fried’s trial, an unusually large amount that underscores his legal difficulties  —  Prosecutors investigating Sam Bankman-Fried, the cryptocurrency exchange’s founder, have accumulated more than six million pages of documents and other records.

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SEC-backed FINRA approved two crypto-related companies, including broker-dealer Prometheum Capital, which defined tokens as securities to comply with SEC rules (Jesse Hamilton/CoinDesk)

Jesse Hamilton / CoinDesk: SEC-backed FINRA approved two crypto-related companies, including broker-dealer Prometheum Capital, which defined tokens as securities to comply with SEC rules  —  As the industry fights with the U.S. regulator over “impossible” demands, Prometheum Capital and others win approvals to deal in crypto securities.

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South African digital banking startup TymeBank raised a $77.8M pre-Series C led by Norrsken22 and Blue Earth Capital, after a $110M Series B in February 2021 (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch: South African digital banking startup TymeBank raised a $77.8M pre-Series C led by Norrsken22 and Blue Earth Capital, after a $110M Series B in February 2021  —  South African digital banking platform Tyme has raised $77.8 million in a pre-Series C round led by African-focused growth stage fund Norrsken22 …

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Adobe launches Generative Fill for Photoshop, one of the first Creative Cloud apps to use its generative AI Firefly tool, in beta, rolling out fully in H2 2023 (Jess Weatherbed/The Verge)

Jess Weatherbed / The Verge: Adobe launches Generative Fill for Photoshop, one of the first Creative Cloud apps to use its generative AI Firefly tool, in beta, rolling out fully in H2 2023  —  / Generative Fill will arrive in Photoshop in ‘the second half of 2023.’  —  Adobe Photoshop is getting a new generative

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Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta’s acquisition in 2022; Meta can still access Giphy content (Yuvraj Malik/Reuters)

Yuvraj Malik / Reuters: Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta’s acquisition in 2022; Meta can still access Giphy content  —  Stock photos repository Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million

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