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  • Instacart to IPO next week, EU fines TikTok ~$379M, Adobe Q3 earnings

Instacart to IPO next week, EU fines TikTok ~$379M, Adobe Q3 earnings

Bloomberg sources: Instacart plans to price its IPO on Monday 9/18 and start trading on Tuesday 9/19 - Link

Instacart raised its proposed price range for its IPO to $28-$30, up from $26-$28, due to Arm's pop on its trading debut - Link

The EU fined TikTok ~$379M for breaching GDPR re: handling the data of children after a review by Ireland's DPC - Link

Adobe Q3 earnings: revenue: $4.89B (+10% y/y), cash flow from operations: $1.87B, net income: $1.4B; shares were down 4% due to a muted revenue outlook - Link

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Boll & Branch CEO Scott Tannen joins Jason to discuss taking control of the supply chain (11:40), building a trusted brand through transparency (18:12), the importance of boots-on-the-ground methodology (28:02), and much more! - Link

Microsoft introduced an open-source, general-purpose framework called EvoDiff which can help users create enzymes for new therapeutics and drug delivery methods - Link

SCOTUS paused an order from a lower court that limited the ability of the White House, FBI, and CDC to make social media requests to big tech companies - Link

Amazon added in-app purchasing back to Prime Video for Android users after removing IAP in 2022 to avoid Google's 30% fee - Link

Google will pay the state of California $93M to settle a lawsuit that accused the company of tracking users for targeted ads even after they opted out - Link

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