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Cars & Bids, a car auction site founded by Doug DeMuro, an automotive YouTuber who has amassed 4.5M+ subscribers since 2013, raised $37M from The Chernin Group (Karl Brauer/Forbes)

Karl Brauer / Forbes: Cars & Bids, a car auction site founded by Doug DeMuro, an automotive YouTuber who has amassed 4.5M+ subscribers since 2013, raised $37M from The Chernin Group  —  Doug DeMuro is arguably the most successful automotive YouTuber in the relatively short history of that young medium.

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Sources: Microsoft plans to update Bing with a faster version of OpenAI’s ChatGPT, known as GPT-4, in the coming weeks; OpenAI plans to launch a ChatGPT app (Reed Albergotti/Semafor)

Reed Albergotti / Semafor: Sources: Microsoft plans to update Bing with a faster version of OpenAI’s ChatGPT, known as GPT-4, in the coming weeks; OpenAI plans to launch a ChatGPT app  —  Microsoft’s second-place search engine Bing is poised to incorporate a faster and richer version of ChatGPT, known as GPT-4 …

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Cape Town-based Lulalend, which uses its proprietary credit scoring algorithm to offer short-term loans to SMBs, raised a $35M Series B and launches a neobank (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch: Cape Town-based Lulalend, which uses its proprietary credit scoring algorithm to offer short-term loans to SMBs, raised a $35M Series B and launches a neobank  —  In most African countries, access to credit remains limited for many small businesses, with the reasons ranging from the inability …

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Sources: UMG is in talks with Tidal and others to overhaul streaming economics to pay artists more; ideas include a “bonus pool” and “superfan” subscriptions (Anna Nicolaou/Financial Times)

Anna Nicolaou / Financial Times: Sources: UMG is in talks with Tidal and others to overhaul streaming economics to pay artists more; ideas include a “bonus pool” and “superfan” subscriptions  —  Group looks into options such as cracking down on bots and adding ‘superfan’ subscriptions

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Netflix adds spatial audio to its $20 per month Premium plan, available for over 700 of its most popular titles; Standard and Basic will get limited support (Todd Spangler/Variety)

Todd Spangler / Variety: Netflix adds spatial audio to its $20 per month Premium plan, available for over 700 of its most popular titles; Standard and Basic will get limited support  —  Listen to this: Netflix is hoping audiophiles will upgrade to the $20-per-month Premium tier to gain access to the streamer’s full collection …

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Sources: a US judge rejects the FTC’s bid for a preliminary injunction to block Meta’s Within acquisition, giving the FTC one week to decide whether to appeal (Leah Nylen/Bloomberg)

Leah Nylen / Bloomberg: Sources: a US judge rejects the FTC’s bid for a preliminary injunction to block Meta’s Within acquisition, giving the FTC one week to decide whether to appeal  —  Meta Platforms Inc. won court approval to buy virtual reality startup Within Unlimited, defeating an effort to block the deal …

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Indiana-based blockchain startup SIMBA Chain, which has worked on various US military projects, raised $30M from the US Air Force, after raising $1.5M in 2020 (Jamie Crawley/CoinDesk)

Jamie Crawley / CoinDesk: Indiana-based blockchain startup SIMBA Chain, which has worked on various US military projects, raised $30M from the US Air Force, after raising $1.5M in 2020  —  The USAF has granted SIMBA Chain a $30 million funding increase as part of its aims of “identifying and advancing technologies …

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Netflix lists its rules and exemptions to prevent password sharing, including that all devices should be on the same “primary” Wi-Fi at least once every 31 days (David Satin/The Streamable)

David Satin / The Streamable: Netflix lists its rules and exemptions to prevent password sharing, including that all devices should be on the same “primary” Wi-Fi at least once every 31 days  —  After months of warning subscribers that anti-password sharing measures were coming to Netflix, the company appears to be finally set to unleash

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Garmin’s newest hybrid smartwatch is right on trend

Credit: Kaitlyn Cimino / Android Authority Garmin announced its newest hybrid device, the new Garmin Vivomove Trend. The stylish smartwatch features ticking watch hands, a hidden display, and a variety of Garmin’s health and fitness tracking tools. The Vivomove Trend is available now in multiple colorways starting at $269. Garmin’s latest addition to its complex

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