Esports company TSM ends its 10-year, $210M partnership with FTX “effective immediately” and removes all branding, the latest company to drop FTX after its fall (Jeremy Nation/The Block)

Tage Kene-Okafor / TechCrunch:
African e-commerce giant Jumia announces co-founders Jeremy Hodara and Sacha Poignonnec have stepped down as co-CEOs, replaced by executive Francis Dufay  —  African e-commerce giant Jumia has made a new change in management as co-founders Jeremy Hodara and Sacha Poignonnec step down effective today …

Tom Warren / The Verge:
Microsoft plans to sunset its Microsoft Office branding after more than 30 years, rebranding the apps to Microsoft 365; new logos will roll out in January 2023  —  Microsoft is making a major change to its Microsoft Office branding.  After more than 30 years, Microsoft Office is being renamed …

Denny Jacob / Wall Street Journal:
UBS and robo-adviser Wealthfront agree to terminate their $1.4B merger deal; UBS says it will buy a $69.7M convertible note in Wealthfront at the same valuation  —  Deal announced in January was for all-cash transaction valued at $1.4 billion  —  UBS UBS .71%▲ Group AG …

Cecilia D’Anastasio / Bloomberg:
The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship and ad market, falling VC investment, and the crypto meltdown  —  The once-thriving esports industry has fallen on hard times as funding sources dwindle and signs abound that athletic competition via video games …

Hannah Miller / Bloomberg:
Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia’s leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …

Hannah Miller / Bloomberg:
Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia’s leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …