In a blockbuster deal that rocks the fintech world, Square announced today that it is acquiring Australian buy now, pay later giant Afterpay in a $29 billion all stock deal. The purchase price is based on the closing price of Square common stock on July 30, which was $247.26.

Link: https://techcrunch.com/2021/08/01/square-to-buy-buy-now-pay-later-giant-afterpay-in-29b-deal/

On the evening of 7 December 2010, in a hushed San Francisco auditorium, former Google engineer Patri Friedman sketched out the future of humanity.

Link: https://www.theguardian.com/news/2021/sep/07/disastrous-voyage-satoshi-cryptocurrency-cruise-ship-seassteading

TAIPEI — Contract chipmaking giant Taiwan Semiconductor Manufacturing Co. told clients Wednesday that it plans to raise prices on products by as much as 20%, in what would be the company’s steepest single increase.

Link: https://asia.nikkei.com/Business/Tech/Semiconductors/TSMC-hikes-chip-prices-up-to-20-amid-supply-shortage

Twitter is starting to roll out Super Follows, its new feature that lets users charge for subscriber-only content. Creators can set their tweets to go out to Super Followers only, and the tweets will appear in the timelines of just those subscribers.

Link: https://www.theverge.com/2021/9/1/22651138/twitter-super-follow-launch-subscription-ios