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The Latest Breaking News from Index

This VC Firm Turned An $86 Million Figma Bet Into $6 Billion Payday—Outperforming Silicon Valley Giants

Index Ventures has emerged as venture capital’s winner, transforming an $86.5 million investment in Figma Inc. (NYSE:FIG) into a stake worth nearly $6 billion following the design platform’s explosive market debut.

Benzinga

Why Index’s Danny Rimer bet on Figma and Dylan Field at the seed stage

Index Ventures’s Danny Rimer—whose investments also include Etsy, Dropbox, Discord, and Dream Games—led Figma’s 2013 seed round.

Fortune

Scientists who object to animal testing claim they are frozen out by peers

Exclusive: One in three researchers say their peers force them to carry out tests with animals if their work is to be published, while others are too scared to speak out

The Independent UK

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Exclusive: Coinbase and Square vets aim to level up stablecoins with Bridge and $58 million in funding

The "Stripe of crypto" has backing from top VC firms including Sequoia, Ribbit, and Haun Ventures.

Fortune

Outrage as librarians reveal UK schools are banning LGBT+ books after complaints from parents

Exclusive: Library staff, MPs and charities have warned banning books is worrying regression on LGBT+ rights and can be harmful to young people

The Independent UK

The VC behind Mistral, Revolut and Slack just raised $2.3 billion to invest in long-term AI champions: ‘The era of the quick buck mentality is over’

“We think Europe is going to be one of the most important ecosystems for AI,” Index Ventures's Hannah Seal told Fortune.

Fortune

Apple Pay 'technical problem' sees customers wrongly charged thousands in numerous rogue App Store transactions

Apple Pay users in Hungary are reporting a major issue with rogue card transactions coming from Apple's App Store.

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Former Airbnb executive joins Index Ventures as its newest partner

“It became very clear to me that venture in general, is an amazing place for somebody who’s curious about the world,” Vlad Loktev told Term Sheet.

Fortune

Vice blocked an article criticising Saudi Arabia. This is why we published it instead

At Index on Censorship, we don’t buy into a global charm offensive that can’t hide the fact that regime opponents are still being jailed, says Jemimah Steinfeld, editor-in-chief of Index on Censorship

The Guardian - UK

U.S. Intelligence Leak Suspect Identified as 21-Year-Old Jack Teixeira

Plus: More secrecy from the Global Disinformation Index, the public awaits another big Supreme Court abortion decision, and more...

Reason

Anger grows over Afghan journalists still stranded by Home Office inaction

Press members living under the Taliban, and living uncertain lives in Pakistan, must be given clarity say campaign groups

The Guardian - UK

Which bank is furthest ahead in A.I.? A new index will tell you.

And why generative A.I. is such a big deal for the future of pharma

Fortune

UK placed in third tier in global index of free expression

Index on Censorship lists UK as only ‘partially' open’ in every key metric for the year 2021

The Guardian - UK

The lost Lister Gate Argos rival linked to a huge catalogue shopping brand

Do you miss circling things in the catalogue?

Nottingham Post

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Wales Online

The catalogue store that was all around Wales but lost the war with Argos

Back in the mid-'80s, Argos was the king of catalogue shopping, but all that was about to change

Liverpool Echo

Liverpool fan jailed for 'supporting democracy' in 'chilling' case

Andrei Aliaksandrau and his wife Iryna Zlobina were sentenced this week

Asharq Al-Awsat

Saudi Tadawul Launches TASI Islamic Index

The Saudi Stock Exchange (Tadawul) announced on Sunday the launch of its first Shariah Compliant Index, the TASI Islamic Index. This comes in response to growing demand and interest from local and international investors for Shariah-compliant investment tools. The Index tracks the performance of Shariah-compliant companies listed on the Saudi…

Wales Online

Sir Tom Jones concert postponed 'after singer is taken ill shortly before going on stage'

It's been reported that Sir Tom was taken ill ahead of his latest European date in Budapest

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Bangkok Post

Index revives plan to list after buyback

Index Creative Village Plc, an event organiser and marketing service company, has refreshed its plan to list on the Market for Alternative Investment (MAI) after it bought back a 50% stake from Wave Entertainment in April.

The Guardian - UK

Index on Censorship, inspired by Soviet dissidents, marks 50 years of fighting for free speech

The brave protests of Soviet dissidents in 1968 spawned an organisation that is still giving voice to Putin’s critics today

People

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