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March 15, 2021, 5:10 AM
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| Financial Times: |
Stripe raises $600M from Sequoia Capital and others at a valuation of $95B, becoming the most valuable private company in Silicon Valley — Payments provider becomes Silicon Valley's most valuable private company — Stripe has become the most valuable private company Silicon Valley has produced …
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Stripe, Silicon Republic, TechCrunch, The Next Web, CNBC, SiliconANGLE, Bloomberg, Neowin, The Economic Times, FinLedger, New York Times, PYMNTS.com, equalocean.com, and Reuters
Tweets: @tim, @patrickc, @levie, @destraynor, @jasoncwarner, @alexeheath, @ryan_browne_, @ow, @patrickmcgee_, @kr00ney, @martindshanahan, @jasonlk, @mulligan, @nycsouthpaw, @derekpetey, @sarthakgh, @ingridlunden, @martinsfp, @can, @sehaj23, @paddycosgrave, @rohangrey, @carnage4life, @philbak1, @stonkresearch, @tanayj, @ryan_browne_, @katie_roof, @paddycosgrave, @akindolu, @bigblackjacobin, @paschald, @noelrock, @michaelbatnick, @edwinwee, and @techcrunch
| Elizabeth Dwoskin / Washington Post: |
Internal docs: a Facebook study about US users' vaccine hesitancy finds “substantial harm” from content that doesn't violate the company's rules — Internal study finds a QAnon connection and that content that doesn't break the rules may be causing ‘substantial’ harm
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The Verge, BGR, and Insider
Tweets: @glichfield, @ashleevance, @lizzadwoskin, @elonmusk, @capuletpoehner, @qorigins, @noupside, @alkapdc, @clarajeffery, @jameshohmann, @mattdoyle76, @bricey16, @aslavitt, @mollyjongfast, @jason_kint, @aaschapiro, @dr_scottk, @davidaxelrod, @timnitgebru, @alkapdc, @colgo, @jason_kint, @tlowdon, @russellsieg, @jason_kint, @katestarbird, @sam64754068, @jason_kint, @grandmagrit, @qorigins, @donie, @caseynewton, @frankluntz, @rjcc, @jkr_on_the_web, @shannonpareil, @donie, and @hypervisible
| Kim Lyons / The Verge: |
Clubhouse says it won't require access to users' phone contacts anymore, and announces a creator accelerator program that will initially accept 20 participants — The voice chat app will provide users with resources and help them monetize their shows — During Clubhouse's weekly town hall on Sunday …
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The Economic Times, Engadget, MUO, Social Media Today, 9to5Mac, and Gizmodo
| Jaron Schneider / PetaPixel: |
Adobe adds a new feature to Adobe Camera Raw called Super Resolution, which uses AI to double linear resolution of a photo, increasing its pixel count by 4x — Adobe has shipped the first version of Photoshop that can run natively on Macs equipped with Apple Silicon and also has announced …
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PetaPixel and The Overspill
Tweets: @_danielsinclair, @glenngabe, @wayne, @lukeprog, @maxlynch, @amcafee, @calebwatney, @dellannaluca, @sub8u, @robinhanson, @digitalreb, and @xixidu
| Bloomberg: |
Federal judge rules Google must face a class action suit alleging that it collects browsing history and other data even when a user is in private browsing mode — - Judge concludes company didn't notify users of data collection — Class action suit alleges Google knows ‘who your friends are’
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The Verge, 9to5Google, SlashGear, Gizmodo, iPhone in Canada Blog, Engadget, HackRead, MacRumors, AppleInsider, and MSPoweruser
Tweets: @siatechhq, @robertjbateman, @carnage4life, @techwontsaveus, @samconnerone, and @chrismessina
| Jeff John Roberts / Decrypt: |
A look at issues arising around digital ownership and NFTs: while they can be a source of revenue for creators, they are spurring new forms of piracy — If there was a contest for acronym of the year, “NFT” would be the clear favorite for 2021. Short for non-fungible tokens …
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TechnoLlama, musicthinktank.com, AppleInsider, Cointelegraph, TechCrunch, SiliconANGLE, Canadian Press, and Yahoo News
Tweets: @jeffjohnroberts, @tinoforbidden, @decryptmedia, @ipprofevans, @awrigh01, @thedomino, and @modernistwitch
| Reuters: |
Baidu says its AI chip unit Kunlun recently raised funding, source says at a $2B valuation led by Chinese PE firm CITIC Capital — BEIJING (Reuters) - Chinese search giant Baidu Inc said on Monday that its artificial intelligence chip unit Kunlun recently completed a round of fundraising …
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KrASIA
| Bryce Roberts: |
In a postmortem, Indie.vc founder shares the reasons why the alternative VC financing experiment failed — Last week's post was designed to be a simple and direct announcement that our initial Indie.vc experiment was ending and would no longer be accepting applications.
Tweets: @operaqueenie, @sirjrg, @jhoronjeff, @krdonnelly, @mattallen, @gilxhernandez, @danielvlopes, @indievc, @gbennett41, @adamhjk, @cwhogg, @miles_k, @ceonyc, and @mikeolson
| Kyle Wiggers / VentureBeat: |
Centrical, a startup developing an employee engagement and performance management service, raises $32M led by Intel Capital and JVP — Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. — Centrical, a startup developing an employee engagement …
More:
PR Newswire, CTech, and Forbes
| Hannah Kuchler / Financial Times: |
Insitro, which uses machine learning to speed up drug discovery, raises $400M led by Canada Pension Plan; other investors include SoftBank, Temasek, and a16z — Start-up run by former Stanford professor uses AI to analyse human genetics and work out where to target drugs| Bloomberg: |
Megvii files for an IPO in Shanghai, which may raise at least $922M; Megvii's HK IPO application had lapsed after it was blacklisted by the Trump administration — - Chinese AI firm will list CDRs on the Shanghai Star board — Offering may raise at least 6 billion yuan for R&D, capital| Connie Loizos / TechCrunch: |
NYU professor Scott Galloway's Section4, which offers two to three week business education online courses, raises $30M Series A led by General Catalyst — Scott Galloway, the New York University professor, author, and tech entrepreneur, is taking the wraps off a $30 million Series A round …
More:
Insider and Business Wire
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