Uber’s Softbank dilemma: is the $10 billion shot in the arm worth the price tag of roughly 30%? – WSJ
Alphabet, meanwhile, is reportedly in talks to drop about $1 billion [leave it to Masayoshi Son to make that amount seem small] on Uber-rival Lyft – WSJ and Bloomberg
The CFPB issued a no-action letter to Upstart Network this week that will allow the online lender to “continue using alternative credit data to evaluate borrowers in exchange for providing data to the federal consumer finance watchdog.” The letter was the bureau’s first since announcing the “no-action” policy in February 2016 – Law360
Martin Shkreli’s latest incident has prompted this consideration of some of the prototypical characteristics of entrepreneurs and the pattern of “troubled youth, tech success, then a fall” that has followed a lot of them around these days – NYTimes
Dealbook’s Common Sense column suggests that the 2d Circuit finally came to its own on insider trading when it shut down the appeal of former SAC Capital portfolio manager Mathew Martoma – NYTimes
The FTC is opening a probe into the Equifax data breach – Law360
No real surprise here—major Chinese bitcoin exchange BTC China announced yesterday that it would stop all trading by the end of the month – NYTimes
Still, despite warnings from a variety of sources (the SEC, China, Jamie Dimon), the power of ICOs is forcing many startups to question whether they need venture capitalists at all (and, at the same time, whether the offering boom is a fad or the real deal) – WSJ
The architecture nerd in me can’t get enough of this Times feature on the new generation of architects churning out remarkable work at a remarkable pace – NYTimes
Have a good weekend.