Spotify’s unconventional (non-IPO) public listing is off and running, and though it’s early, it sure feels as if the risk was a good one, with the market valuing the company north of $30 billion – WSJ and Bloomberg and MarketWatch and Wired

And the good day for that startup appears to have rubbed off on the rest of the markets, which followed up a brutal Monday with a bounce-back driven by rebounding tech stocks yesterday – WSJ

Super. Now ready for the whipsaw? – Bloomberg and WSJ and MarketWatch

The NY Fed has named San Francisco Fed President John Williams to replace outgoing president William Dudley, setting aside concerns from some critics about his lack of diversity – NYTimes and WSJ and Marketplace and Law360

The DOJ’s bankruptcy-focused US Trustee is pushing for Lynn Tilton’s bankrupt investment vehicle, Zohar III, to be taken over by a trustee to address Tilton’s “apparent conflicts of interest” – Bloomberg

Marketplace profiles “The China Hustle,” a documentary that tells the story of the “massive fraud you probably haven’t heard about” – Marketplace

Advertising giant WPP is investigating whether its longtime CEO Martin Sorrell misused company assets. The Board is also investigating allegations of “improper personal behavior” by Sorrell – WSJ

The DOJ has filed criminal charges against two Florida men “soliciting investments in a $32 million initial coin offering to fund a cryptocurrency payment card they falsely claimed was backed by major payment processors including Visa Inc.” – Law360

And the SEC has opened a probe into Reg A+ Fintech firm Longfin over its late 2017 IPO and subsequent acquisition of blockchain tech company Ziddu.com – Law360

Wired walks us through Stanley Kubrick’s awfully prescient view of the future as revealed in his Space Odyssey—not in 2001, perhaps, but not that much later – Wired