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December 7, 2020, 12:25 PM
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WeSmirchTop News
| Bloomberg: |
Sources: Apple is preparing new Apple Silicon-powered MacBook Pros, iMacs, and Mac Pros for as early as spring 2021; full Mac transition will finish in 2022 — - Company tests faster performing processors than Intel's best — Major graphics boost in the works for upcoming desktop Macs
More:
The Verge, Engadget, Forbes, Windows Central, Gizmodo, TechCrunch, AppleInsider, 9to5Mac, CNET, HotHardware.com News, Tom's Hardware, XDA Developers, Business Insider, New York Post, TechSpot, Mashable, KnowTechie, iClarified, phonearena.com, iMore, SlashGear, Neowin, Apple Terminal, iPhone Hacks, MSPoweruser, iPhone in Canada Blog, MacDailyNews, TechPowerUp, iDownloadBlog.com, Trusted Reviews, Wccftech, Philip Elmer‑DeWitt, MacRumors, and Pocketnow
Tweets: @markgurman, @starfire2258, @stroughtonsmith, @tomwarren, @patrickmoorhead, @_harshilshah, and @mkbhd
| 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:
The Information, Forbes, The Verge, Bloomberg, CNBC, New York Post, Crunchbase News, coinspeaker.com, Tech Xplore, Fortune, and PYMNTS.com
Tweets: @cindygallop, @wsj, @missgallo, @charlesforelle, @danacimilluca, @coryweinberg, and @danprimack
| Joyce Lee / Reuters: |
LG says it has reorganized its mobile phone division, which has reported a loss for 22 consecutive quarters, to outsource low- and mid-range smartphones — SEOUL (Reuters) - LG Electronics said on Monday it had reorganised its mobile phone division to increase outsourcing of its low to mid-end smartphones …
More:
HotHardware.com News, Engadget, SlashGear, Android Central, and Neowin
| Financial Times: |
Inside Disney's costly online push while its lucrative legacy businesses decline, as sources say the success of Disney+ diminished Disney's interest in Hulu — Media empire must sustain its costly online push while its lucrative legacy businesses decline — The Walt Disney Company …
More:
The Streamable and Wccftech
Tweets: @annaknicolaou, @financialtimes, @sub8u, @rasmus_kleis, @pkafka, @annaknicolaou, and @ft
| Ron Miller / TechCrunch: |
Tecton.ai raises $35M Series B co-led by a16z and Sequoia Capital as it releases its ML feature store, just a week after AWS debuted its Sagemaker Feature store — Tecton.ai, the startup founded by three former Uber engineers who wanted to bring the machine learning feature store idea to the masses … | Wall Street Journal: |
By July, Chinese banks and trust companies had ~$230B in outstanding loans to users who borrowed via Alipay, a factor in new regulatory scrutiny of Ant Group — Partnering with the fintech giant has higher risks for smaller lenders, which are already on shaky ground| Nilesh Christopher / Rest of World: |
Facing a nationalist backlash in India, Xiaomi has rebranded itself as a local manufacturer, unlike other Chinese brands that retreated from the limelight — Facing a nationalist backlash in India, Xiaomi has rebranded itself as a local manufacturer. — • BANGALORE, INDIA
Tweets: @anupkaphle, @nilchristopher, @nilchristopher, and @restofworld
| Ingrid Lunden / TechCrunch: |
NortonLifeLock says it has acquired Germany-based antivirus vendor Avira for $360M in cash, eight months after Avira was acquired for $180M by a PE firm — Only eight months after getting acquired for $180 million, Avira is changing hands again, for double the value: NortonLifeLock today announced …
More:
Tech.eu, ZDNet, Business Wire, BleepingComputer, Private Equity News, and SecurityWeek. Tweets: @campuscodi
| Paul Sawers / VentureBeat: |
Exclaimer, which helps businesses manage and disseminate email signatures with consistent footers across devices, raises £100M led by Insight Partners — Email signature management platform Exclaimer has raised £100 million ($133 million) in a round of funding led by Insight Partners.| Paul Sawers / VentureBeat: |
Wonder, which enables smaller, more organic video-based interactions within a larger virtual conference, raises $11M led by EQT Ventures — A plethora of virtual event platforms have gained significant traction in a year marked by social distancing. And Germany's Wonder is another …
More:
FinSMEs, Tech.eu, TechCrunch, and EU-Startups
| Bloomberg: |
London-based online payments company Paysafe says it will go public via SPAC at a ~$9B valuation; Blackstone and CVC acquired Paysafe for ~$4B in 2017 — A blank-check firm led by billionaire Bill Foley is nearing a deal to merge with Paysafe Group Ltd., a transaction that would take public …
More:
Reuters, Business Wire, Financial Times, and PYMNTS.com
| 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.
More:
TechCrunch. Tweets: @thestalwart, @katie_roof, @katie_roof, @kateclarktweets, @mark_dow, @pitdesi, @mcbridesg, @davidu, @jordannovet, @bznotes, @sarthakgh, and @lisafleisher
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