| Alex Heath / The Verge: |
Meta opens its VR social platform Horizon Worlds to all adult users in the US and Canada, after announcing a private beta in September 2019 — Facebook's first stab at the metaverse is Roblox meets the OASIS — More than two years and a company rebrand later, Meta is finally opening … | WABetaInfo: |
WhatsApp begins a limited test of Meta's Novi digital wallet in the US, letting users send and receive USDP within a chat — Today, WhatsApp is finally announcing a small pilot program to some people in the US, that can finally use the Novi digital wallet within WhatsApp!| Sean Hollister / The Verge: |
Epic v. Apple emails show Microsoft offered to bring triple-A, Xbox-exclusive games to iOS if Apple let its xCloud game streaming service into the App Store — Remember when Apple pretended like it would let cloud gaming services like Microsoft xCloud and Google Stadia into the App Store … | Jonathan Bell / Wallpaper*: |
A look at the working processes at Apple's design team, led by VP of industrial design Evans Hankey and VP of human interface design Alan Dye — Global exclusive! Led by Evans Hankey and Alan Dye, the Apple Design Team holds enormous sway over our evolving relationship with technology.| Angel Au-Yeung / Forbes: |
Cher Scarlett, a leader of #AppleToo, says she is no longer withdrawing her NLRB complaint against Apple after it failed to execute a settlement in good faith — Former Apple engineer Cher Scarlett is no longer withdrawing her complaint with the National Labor Relation Board alleging … | Eli Tan / CoinDesk: |
Palm, which helps companies and brands create NFT projects, raises a $27M Series B led by Microsoft's M12 — Microsoft's venture arm is leading a $27 million bet on NFT studio Palm. — The funding will be used primarily to scale the company's operations with a slew of new hires, a representative of the studio told CoinDesk.| Packy McCormick / Not Boring: |
Replit, a browser-based IDE for cross-platform collaborative coding, says it has raised a $80M Series B led by Coatue at a $800M valuation — Replit Raises $80M Series B to Bring the Next Billion Software Creators Online … Hi friends 👋, — Happy Thursday!| Politico: |
Italy's competition authority fines Amazon €1.13B for abusing its market position and harming competitors in e-commerce logistics; Amazon plans to appeal — Italy's competition authority announced Thursday it was slapping a €1.13 billion fine on Amazon for abusing its dominant position … | Bloomberg: |
Coinbase launches a DeFi yield product for non-US customers in over 70 countries, after US regulators effectively killed plans for its Lend program in September — - U.S. regulators effectively shut down Lend program earlier — Holdings to be deposited into the Compound Finance protocol| Jordan Novet / CNBC: |
HashiCorp closes up 6.49% in its Nasdaq debut, after raising $1.2B in its IPO at a $14B valuation — - Shares of HashiCorp debuted on the Nasdaq on Wednesday under the symbol “HCP.” — HashiCorp software helps engineers set up computing infrastructure in public clouds and on-premises data centers,| Jordan Novet / CNBC: |
Oracle beats in Q2 with revenue of $10.36B, vs. $10.21B expected and up 6% YoY, cloud services and license support revenue of $7.55B, up 6% YoY; stock up 10%+ — - Oracle beat expectations on the top and bottom lines, and quarterly guidance met consensus. — The software and hardware … | Yogita Khatri / The Block: |
Ethereum scaling startup Polygon acquires Mir Protocol, developer of ZK-rollup-based Ethereum scaling tech, in a deal worth ~$400M; deal was reached on Nov. 26 — Quick Take — Polygon has acquired Ethereum scaling startup Mir Protocol for $400 million.| Manish Singh / TechCrunch: |
Tim Berners-Lee's Inrupt, which aims to “reshape the internet” by letting users control their data, raises Series A led by Forte Ventures, source says for ~$30M — Tim Berners-Lee's startup, Inrupt, has raised about $30 million in its Series A financing round, a source familiar with the matter said.| Tom Warren / The Verge: |
| Elizabeth M. Renieris / CIGI: |
A look at Cardano, a controversial blockchain project led by Ethereum cofounder Charles Hoskinson that aims to build a national ID system for Ethiopia — There are countless examples of the dangers posed by national ID schemes, including from Kenya, Uganda, Pakistan, India and elsewhere.| Frank Chaparro / The Block: |
Crypto derivates market Paradigm, which focuses on large trades, raises a $35M Series A at a $400M valuation led by Jump Capital and Alameda Research — Quick Take — Paradigm is raising $35 million in a fundraise led by Jump Capital and Alameda Research.| Riley de León / CNBC: |
Brazilian neobank Nubank closes up ~15% in its NYSE debut, giving it a market cap of nearly $50B, after raising $2.6B in its IPO — - Brazilian fintech company Nubank made its market debut Thursday on the New York Stock Exchange and is now trading under the ticker symbol “NU.”| Kyle Wiggers / VentureBeat: |
Celigo, whose integration platform allows companies to automate business processes, raises a $48M Series C led by OMERS Growth, bringing total raised to $80M+ — Companies continue to add apps to their technology stacks as the pandemic drives digital transformations.| Bloomberg: |
Sources: as Ben Horowitz and Marc Andreessen buy Las Vegas properties, they are less involved in a16z's daily operations and are on fewer corporate boards — Recently, the Bay Area-based venture capitalist Ben Horowitz took part in a popular pandemic-era pastime: updating the location on his LinkedIn profile.| Bloomberg: |
Gov. Ron DeSantis says Florida will explore letting businesses pay state fees in cryptocurrencies and using blockchain for Medicaid payments and vehicle titles — - Blockchain tech mulled for vehicle titles, Medicaid payments — State needs to be ‘crypto-friendly,’ Governor DeSantis says| New York Times: |
EU Commission proposes rules to turn gig workers into employees, affecting up to 4.1M workers; the EU estimates 28M work via digital labor platforms in the bloc — A proposal with widespread political support would entitle drivers and couriers for companies like Uber to a minimum wage and legal protections.| MacRumors: |
Kuo: Apple's AR headset will include four sets of 3D sensors to offer a user interface with hand gesture controls and object detection — Apple's long rumored AR headset is predicted to include multiple highly sensitive 3D sensing modules in order to offer an innovative hand gesture … | Cat Zakrzewski / Washington Post: |
In a letter, Sen. Warren asks the US DOJ and SEC to investigate whether Meta executives knew the company inflated a key metric measuring an ad's potential reach — Sen. Elizabeth Warren sent a letter to the DOJ and SEC, after Sen. Maria Cantwell sent a letter to the FTC| Coco Feng / South China Morning Post: |
Reports suggest large Chinese tech companies like ByteDance, Kuaishou, and iQiyi are laying off more staff than usual, amid regulatory pressure and competition — Companies are reportedly laying off more employees than usual for this time of year, setting off “panic among a lot of people” …
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