🏪 FTX Expands Into Stock Trading

Today’s pick

Crypto Exchange FTX Expands Into Stock Trading. Crypto exchange FTX will let customers trade stocks and exchange-traded funds on its popular trading app alongside bitcoin and dogecoin. FTX on Thursday will open access to its new stock-trading service for a limited number of U.S. users, the head… (Alexander Osipovich / Wall Street Journal)

SBF @SBF_FTX

1) Beta for stocks on FTX US opening today! wsj.com/articles/crypt…

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Mark Cuban supports Biden proposal to forgive $10,000 in student debt. Entrepreneur Mark Cuban told Insider that he's in favor of Biden's proposal to cancel $10,000 in student debt per borrower. That's a reversal from his previous position, saying cancellation bails out higher-ed institutions. He said that making sure… (Jason Lalljee via Business Insider)

Mark Cuban @mcuban

There should be 1 Free 4 Yr College in every major DMA. Just 1. Let all 4 Yr schools in a region bid a tuition rate to their state. One gets chosen. Having that 1 college with subsidized, free tuition will force all others to compete with free and change their cost structures

Politics Insider @PoliticsInsider

Mark Cuban supports Biden's proposal to forgive $10,000 in student debt per borrower as long as 'ridiculous tuition fees' are addressed alongside it: 'We don't want this being a perennial problem' https://t.co/qnhUmyR4fD

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Why Tesla was kicked out of the S&P 500's ESG index. In a blog post Wednesday, the S&P explained why it kicked Tesla out of its ESG index earlier this month. It said that Tesla's 'lack of a low-carbon strategy' and 'codes of business conduct,' along with racism and poor working conditions reported at… (Lora Kolodny / CNBC)

hari sreenivasan @hari

Why Tesla was kicked out of the S&P 500's ESG index buff.ly/3NlcJtc by @lorakolodny Besides not having a carbon reduction plan… or a business code of conduct… there’s these other small matters… some good old air pollution, a smidge of racism….

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Meta freezes hiring for shopping team, Messenger Kids, and other products. Meta is pulling back its investments in a number of products, including the teams it spun up early in the pandemic to compete with Zoom and build shopping features, The Verge has learned. In addition to a hiring freeze for certain engineering… (Alex Heath / The Verge)

Alex Heath @alexeheath

Scoop: Product teams in Meta are being hit with hiring freezes, including commerce, gaming, dating, and Messenger Kids Zuckerberg told employees that layoffs aren’t being planned, but that the company would prioritize growth areas and dial back elsewhere

theverge.comMeta freezes hiring for shopping team, Messenger Kids, and other productsMark Zuckerberg downplayed the possibility of layoffs

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Plaid officially expands into identity and income verification, fraud prevention and account funding. Fintech decacorn Plaid is expanding beyond its core product of account linking — its first major expansion since its 2013 inception. In conjunction with its “Plaid Forum” event, the startup today unveiled a number of… (Mary Ann Azevedo / TechCrunch)

Mary Ann Azevedo @bayareawriter

.@Plaid is expanding beyond its core product of account linking -- its first major expansion since its 2013 inception. It is now offering ID & income verification, fraud prevention & account funding.

techcrunch.comPlaid officially expands into identity and income verification, fraud prevention and account funding – TechCrunchFintech decacorn Plaid expands from its core business of account linking into identity and income verification, fraud prevention and account funding.

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