morning

Extensive Outage of Discord Resolved, Service is Restored

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Discord is back online after an outage this morning, the company confirmed to TechCrunch. The outage came as Meta’s Instagram, Facebook and Threads all went down this morning. YouTube has also confirmed that its service is having issues this morning too, and that it’s working on a fix. Users reported that they were unable to load messages, while others say said they were unable to access the service at all. Update 05/05/2024 11:45 AM ET: The article has been updated to reflect that Discord has solved the issue and is back online.

Cryptocurrency Investment Opportunities, The Stumbling Block of Carta, and Journeying to the Lunar Sphere

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Bitcoin ETFs, Carta’s latest mess, and let’s go to the MoonListen here or wherever you get your podcasts. Tech stocks aren’t moving too much this morning as the market digests the Boeing mess. Bitcoin ETFs: And this is why. A rush of new filings this morning showed that bitcoin spot ETFs are targeting a very low-fee structure as they compete for investor dollars. A rush of new filings this morning showed that bitcoin spot ETFs are targeting a very low-fee structure as they compete for investor dollars.

“2024 IPO Window Poised to Gape Open with Boost from Cloud Stock Rally”

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As 2023 comes to a close, a critical cohort of tech companies has regained the value it lost after the summer rally, potentially setting the stage for a stronger IPO cycle in early 2024 than some may anticipate. Earlier this year, we saw three companies go public in quick succession: Arm, Instacart and Klaviyo‘s IPOs represented a liquidity peak, but they failed to inspire other tech companies to a rush towards the public market. The three companies had pretty good IPOs, too, but they mostly failed to make the sort of splash some had hoped for. Arm’s stock has performed well compared to its IPO price (trading at $71.30 per share today, up from its $51 list price), but Klaviyo and Instacart haven’t fared as well. Klaivyo’s shares are trading 24 cents above its IPO price, while Instacart’s stock is trading at about $5 less than its listing price this morning.