Techmeme
December 7, 2020, 1:25 PM

Top 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
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
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
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 …
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
Annie Palmer / CNBC:
Filing: e-commerce marketplace Wish aims to raise $1.1B in its IPO at a $14.1B valuation, pricing shares at $22-$24; Wish was last valued at $11.2B in Aug. 2019  —  - E-commerce marketplace Wish is aiming to raise roughly $1.1 billion in its upcoming initial public offering, giving it a valuation of up to $14.07 billion.
More: Reuters

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
Connect Zoho Recruit MCP to your AI tools: 5 prompts to try  —  TL;DRZoho Recruit MCP connects Zoho Recruit with your preferred AI tools.Use natural language prompts to analyze pipelines, find candidates …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

BG2 Pod:
The SpaceX IPO, Fable 5, AI Capex Update & Market Check w/ Gavin Baker, Andrew Fox & Clark Tang
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
The Nick, Dick and Paul Show:
All about Interest Rates
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Training Data:
Google DeepMind's Logan Kilpatrick: Why the Model Eats the Harness
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Big Technology Podcast:
What Should An AI Device Look Like? — With Alex Himel
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Great Chat:
Founders dish on VC bad behavior (and bring receipts)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:25 PM ET, December 7, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Christopher Mims / Wall Street Journal:

Earlier Picks

Bloomberg:
Jane Lytvynenko / BuzzFeed News:
Kanishka Singh / Reuters: