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December 7, 2020, 6:55 AM
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| Bloomberg: |
Source: investors in at least two mature Sequoia funds will see 11X returns on paper, after fees, and another fund is showing 8X returns — About a week before the coronavirus was declared a pandemic, one of the world's leading venture capital firms issued a dire prophecy.
Tweets: @katie_roof, @katie_roof, @kateclarktweets, @mark_dow, @pitdesi, @mcbridesg, @davidu, @jordannovet, @bznotes, @sarthakgh, and @lisafleisher
| Kevin Roose / New York Times: |
How Biden's digital campaign, largely focused on positive, authentic messaging and “Facebook moms”, defeated Trump's “Death Star” digital operation — The campaign's empathetic digital strategy held up surprisingly well against President Trump's passionate digital following.
More:
NBC News and The Atlantic
| Maureen Farrell / Wall Street Journal: |
Sources: Airbnb plans to boost the proposed price range of its IPO to between $56 and $60 a share, which equates to a valuation of $39B to $42B, fully diluted — New price range for home-rental company's public debut equates to $39 billion to $42 billion, fully diluted
More:
DealStreetAsia, Tech Xplore, Fortune, Bloomberg, and PYMNTS.com
Tweets: @wsj, @missgallo, @charlesforelle, @danacimilluca, and @coryweinberg
| Financial Times: |
Inside Disney's costly online push while its lucrative legacy businesses decline, as sources say the success of Disney Plus diminished Disney's interest in Hulu — Media empire must sustain its costly online push while its lucrative legacy businesses decline
More:
Wccftech. Tweets: @annaknicolaou, @rasmus_kleis, @financialtimes, @annaknicolaou, @sub8u, @pkafka, and @ft
| Beth DeCarbo / Wall Street Journal: |
How drone deliveries may impact the design of homes, apartment complexes, and neighborhoods, with possibilities like drone landing pads on mailboxes or rooftops — Landing pads, special mailboxes and more: A future where delivery drones buzz through neighborhoods could prompt architects and builders to rethink
Tweets: @chrismattmann, @wsakaren, @chupchap, and @producercities
| Christopher Mims / Wall Street Journal: |
How some Black startup founders are finding it easier to attract investors in 2020, as investors are accessible on Zoom and creating diversity-focused funds — An unexpected side-effect of lockdowns: It can be easier to get a meeting with a venture capitalist.| Kanishka Singh / Reuters: |
Google says it pulled some Chrome extensions of IAC, the holding company behind services like Vimeo, for policy violations and is reviewing enforcement options — (Reuters) - Alphabet Inc's Google said on Sunday it has removed a number of browser extensions of online conglomerate IAC/InterActive Corp for …
More:
Wall Street Journal, Protocol, TechRadar, MediaNama, and Engadget
Tweets: @anthony, @wsj, @campuscodi, @realrobcopeland, @matthewstoller, and @geoffbelknap
| Aoife White / Bloomberg: |
Amazon's proactive engagement with EU regulators, addressing their concerns, may help it avoid the fate of Google, which was fined ~$9B for antitrust violations — Amazon faced the prospect of an escalating conflict with the European Union in November when Margrethe Vestager … | Jane Lytvynenko / BuzzFeed News: |
This year disinformation about the pandemic, BLM protests, and the election divided the US, with the “Plandemic” as a case study of social networks' failures — Disinformation and its fallout have defined 2020, the year of the infodemic. Month after month, self-serving social media companies …
Tweets: @janelytv, @katestarbird, @brucewilson, @_zakali, and @paulachertok
| Steven Levy / Wired: |
Deirdre O'Brien, Apple's SVP of Retail + People, talks about the company's response to COVID-19 and how its retail staff and stores evolved amid the pandemic — Plus: A patented pizza box, polarization on Parler, and a sad update. — And that it didn't kill you. — The Plain View| Misyrlena Egkolfopoulou / Bloomberg: |
TikTok videos offering dubious financial advice are drawing millions of views, as young people increasingly turn to the app as a source of financial literacy — Buy several credit cards with different due dates. Max out spending on the first one, use another to pay it off … | Claire Che / Bloomberg: |
JD.com says it will launch a pilot program this month to test digital yuan, the cryptocurrency backed by China's central bank — JD.com Inc., China's second-biggest online retailer, will become the country's first virtual mall to use digital yuan, the cryptocurrency backed by the central bank.
More:
South China Morning Post, Engadget, Reuters, PYMNTS.com, CoinDesk, and Gizmochina. Tweets: @technology
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Big Technology Podcast:
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Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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