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Indonesian digital wallet maker Dana raised $250M from local conglomerate Sinar Mas and Alibaba's Lazada Group and says it processes 10M transactions/day (Bloomberg)
Meta says it raised $10B in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business (Tiyashi Datta/Reuters)
Spotify quietly begins selling event tickets to users in the US directly, instead of redirecting buyers to Ticketmaster and Eventbrite (Ivan Mehta/TechCrunch)
Many small businesses that use personalized online ads are cutting back on marketing, in part due to Apple's ATT, as they face rising customer acquisition costs (Patrick McGee/Financial Times)
Vancouver-based Hootsuite plans to lay off 30% of its workforce, an estimated 400 people; PitchBook says the social media marketing company has raised $300M+ (Harri Weber/TechCrunch)
Deliveroo reports H1 revenue rose 12% YoY to £1B as its pretax loss widens to £147M, up from £95M in H1 2021, and plans to exit the Netherlands in November (Paul Sandle/Reuters)
AWS, Splunk, IBM, CrowdStrike, Cloudflare, Okta, and 12 others announce the Open Cybersecurity Schema Framework to help monitor hacking attempts (Kim S. Nash/Wall Street Journal)
Foxconn reports Q2 revenue rose 12% YoY to ~$50B and net income reaches ~$1.1B, as its cloud unit helped weather supply chain issues and weak smartphone demand (Debby Wu/Bloomberg)
WhiteHorse Finance GAAP EPS of $0.32 misses by $0.02, total investment income of $20M misses by $0.47M
Are you still paying 1% to your financial adviser? Here’s what might make a lot more sense — and save you tens of thousands of dollars
Key Words: ‘A stay-in-debt-forever scheme’: Student loan debt-collection system is too harsh, Education Department official says
Peter Morici: Biden pushed the country too far to the left when he took office, leaving many Democratic voters behind
The Moneyist: My son lives with his father and stepmom. She has access to his bank account — and has a history of embezzlement. How can I get him out of there?
NerdWallet: Is it a business or leisure trip? Remote work has blurred the line and it’s changing the travel industry.
Ashton Kutcher Says He's “Lucky To Be Alive” After Rare Disease Left Him Unable to See, Hear, or Walk for a Year
How German Artist John Heartfield Pioneered the Use of Art as a Political Weapon, and Took on Hitler
U.S. in Progress Strand at Wroclaw American Film Festival Sets $100,000 in Awards – Global Bulletin (EXCLUSIVE)
Botched Celebrity Sex Crime Investigation Which Saw Cliff Richard Falsely Accused to be Examined in New Documentary
River City Girls 2 will be launching in North America sometime after its originally expected late summer 2022 release window