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Firmus Will Raise Private Money; Five Billion Dollar Plan Dead

On air: Gloria Vance, Kenji Moonfield and Hank Ledger on The Asia Desk
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  • BenzingaNvidia-Backed Firmus Scraps Australia’s Second-Largest IPO Plan After Poor Demand and Volatile Market: 'Not in the Best Interests…'
“Rejected by the public, so now it's slipping into the private group chat. Classic move, Hank.”
Kenji Moonfield, BBN
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Orkut's Founder Wants to Bring Back the Social Network

Orkut's founder plans to eliminate algorithms and AI-generated content from the revived platform, letting humans post and view content directly.

Via TechCrunch