OpenAI closes $300M share sale at $27B-$29B valuation - Tech Crunch

Today, Panzer made a quick stop at the Tech Crunch site. There our favorite traveling kitty found a post about OpenAI's fund raising efforts.

 

See you tomorrow.

According to Jagmeet Singh and Ingrid Lunden's post, OpenAI has received financial backing from outside VCs for $300M. This will bring outside share ownership in the company to 30 percent.

 

Panzer says, "My birthday is in a few weeks. Think of all the kitty treats that would buy for a birthday present."

 

Note:This is a very, very long, long post. You'll need to decide what you want to bring to snack on while you read.

 

To read the post tootle over to OpenAI funding

Amazon Literary Partnership Announces More than $1M in 2019 Grants - Publishering Perspectives

Panzer was tootling around in the Catosphere when his sensitive kitty ears were assailed by clapping and cheering. Following all the hullabaloo took our kitty boy to the Publishing Perspectives site. With no digging at all he found a post about the Amazon Literary Partnership.

According to the post by Publishing Perspectives editor Porter Anderson, the Amazon Literary Partnership has awarded $1M in grant funding to the National Novel Writing Month (NaNoWriMo), the Port Townsend Writers Conference (Centrum), Clarion West and 63 other literary nonprofit organizations. The Amazon Literary Partnership is ten years old and gives the grants annually. A complete list of all the nonprofit recipients is included in the post. Also included are links to other posts with information about the grants.

After all this work I deserve a nap too.

Panzer says, "MeWoW! NaNoWriMo!"

Note: This is a h-u-g-e post. Bring a gallon of tea and a dozen muffins for today's reading selection. If you plan to follow the included links, bring another gallon of tea, another dozen muffins and a sleeping bag for a cat nap in the middle.

To read the post tootle over to Amazon Literary Partnership

In FY2020 Budget Proposal, Trump Renews Bid to End Federal Library Funding - Publishers Weekly

Panzer was tootling around in the Catosphere when the Panzermobile was shaken and buffeted by the sounds of crying and shouting. Following all the noise took our brave kitty boy to the Publishers Weekly site. There with a little digging in the posts he found one about President Trump's FY2020 government budget.

How can he not like libraries?

According to Andrew Albanese, President Trump's FY2020 budget would permanently do away with the Institute of Museum and Library Services (IMLS). With this move in the budget nearly all federal library funding would be eliminated. This is not the first time he has tried to eliminate federal library funding. It is actually the third time since he took office. There are several links included in the post.

Panzer says, "Read all the way to the bottom of the post to find out about contacting local representatives to sign a letter supporting libraries."

Note: This is a long post. Bring a cup of tea and two muffins for today's reading selection. If you plan to follow the links included in the post, bring a gallon of tea and two dozen muffins.

To read the post tootle over to Federal Library Funding

7 million users in the Philippines as Wattpad's tencent-backed Asia plans step up a gear - The New Publishing Standard

Panzer was tootling around in the Catosphere when he heard clapping and cheering. Following all the hullabaloo took our adventuresome kitty pilot to The New Publishing Standard site. With no digging at all he discovered a post about Wattpad.

According to Mark Williams, Wattpad has just finished a new funding round. Wattpad started as a site for writers to post their work for readers to comment on and refer their friends to read. It has over time grown into much more. Wattpad has over 65 million users world-wide of which 7 million are located in the Philippines. With the new funding, Wattpad is making an expansion in the SE Asia market. Their recent funding with Kickstart Ventures added telco to their already existing partnering with TV5 for furthering that expansion in the Philippines. The post includes much more information on the planned SE Asia expansion and information about Tencent, Wattpad's other funding investor. Also included are quotes from other posts and links to post.

I see an interesting future for Wattpad.

Panzer says, "This little kitty sees the SE Asia market opened wider to Wattpad's expansion plans with the addition of Tencent and Kickstart Ventures help."

Note: This is a h-u-m-o-n-g-o-u-s post. Bring two thermos of tea, two dozen muffins, and a sleeping bag for a nap in the middle.

To read the post tootle over to Wattpad