Source: Yahoo plans to launch a retail stock trading service for Yahoo Finance and strike deals with sports betting companies to bolster Yahoo Sports (Axios)

New York Times:
Online sports-betting companies are cutting big deals with US colleges to promote gambling to students, like Caesars Sportsbook’s $8.4M deal with Michigan State  —  In order to reap millions of dollars in fees, universities are partnering with betting companies to introduce their students and sports fans to online gambling.

Adele Peters / Fast Company:
GiveDirectly and Google.org are using AI mapping and satellite imagery to find low-income hurricane survivors in Puerto Rico and Florida and send cash payments  —  Storms worsen inequality.  These $700 cash payments can help lessen the blow.  —  After a disaster like Hurricane Ian …

Jeff Kauflin / Forbes:
A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX’s implosion and a $160M hack, as revenues dramatically decline in 2022  —  By deftly navigating crypto’s frontier markets and winning big on the collapse of Terra’s stable coin, Wintermute has grown …

Jeff Kauflin / Forbes:
A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX’s implosion and a $160M hack, as revenues dramatically decline in 2022  —  By deftly navigating crypto’s frontier markets and winning big on the collapse of Terra’s stable coin, Wintermute has grown …

Shaji Mathew / Bloomberg:
Saudi Arabian food delivery service Jahez agrees to acquire local rival The Chefz for ~$173M in a cash and stock deal  —  Saudi food delivery firm Jahez agreed to acquire The Chefz in a cash and stock deal, almost a year after Delivery Hero SE’s attempt to buy the firm was thwarted by the local competition watchdog.

Brady Dale / Axios:
The US Treasury clarifies its guidance on Tornado Cash and provides a way for users to lawfully withdraw their funds by applying for a license  —  New guidance from the U.S. Treasury Department’s Office of Foreign Assets Control provides a roadmap for people who used Tornado Cash for lawful transactions to withdraw their stuck funds.