| Reddit: |
Reddit confidentially files its S-1 with the SEC for an IPO; the number of shares to be offered and the price range have yet to be determined — Reddit, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission … | Mike Isaac / New York Times: |
Reddit, home to 100K+ active communities visited by 50M+ people every day, has raised $1B+ over its lifetime and was most recently valued at $10B+ in August — Reddit announced on Wednesday that it had confidentially filed paperwork for an eventual public offering of its stock … | Project Zero: |
A deep dive into an NSO zero-click iMessage exploit, captured in the wild by Citizen Lab and one of the most sophisticated Google's Project Zero has seen — We want to thank Citizen Lab for sharing a sample of the FORCEDENTRY exploit with us, and Apple's Security Engineering and Architecture … | Reuters: |
Eighteen Democratic lawmakers ask the Treasury and State Departments for Magnitsky rights abuse sanctions on four spyware firms, including NSO and DarkMatter — A group of U.S. lawmakers is asking the Treasury Department and State Department to sanction Israeli spyware firm NSO Group and three … | Mark Gurman / Bloomberg: |
Memo: Apple delays its return to corporate offices to a “date yet to be determined”, after previously setting a February 1 return date — - Company had planned to bring corporate workers back by Feb. 1 — Delay comes in response to rising Covid-19 cases, new variant| Mark Gurman / Bloomberg: |
Apple closes three retail stores in Miami, Annapolis, and Ottawa, Canada after a rise in employee COVID-19 cases and exposures — - Company is closing locations in Miami, Maryland and Ottawa — Cases and exposure among Apple's employees spurred the move| Dan Primack / Axios: |
Katie Haun is leaving Andreessen Horowitz to start a new firm focusing on crypto and Web3 startups; Haun's deals at a16z included OpenSea and Coinbase — Katie Haun, one of the world's most influential crypto venture capitalists, is leaving Andreessen Horowitz to form her own firm.| Sarah Perez / TechCrunch: |
Google's in-house incubator Area 120 launches Qaya, which helps US creators set up online storefronts to sell products and services directly to customers — A team at Google is today launching a new service called Qaya, which will allow creators to easily set up new web storefronts … | Tanya Basu / MIT Technology Review: |
Meta says a woman was groped on its Horizon Worlds platform on November 26; an internal review says she should have used its “Safe Zone” tool — A woman was sexually harassed on Meta's VR social media platform. She's not the first—and won't be the last.| Henry Mance / Financial Times: |
Interview with Nick Clegg, Meta's VP of global affairs, on moving from politics to Meta, the impact of Haugen's leaks, and the decision to ban Trump — Nick Clegg may be available in Berlin. He has a slot in Paris. He'll make time for lunch in Brussels.| Dean Takahashi / VentureBeat: |
Adidas Originals partners with Bored Ape Yacht Club, Gmoney, and others to launch an NFT collection, including access to wearables in The Sandbox virtual world — Adidas Originals will launch its first nonfungible tokens (NFTs) as it dives into Web 3 and the metaverse.| Crystal Kim / Bloomberg: |
| Wall Street Journal: |
Recycling service Rubicon, which uses data to match waste with disposal sites, will go public via SPAC at a ~$2B valuation; Rubicon works with Apple and others — The Lexington, Ky., software company led by CEO Nate Morris says it helps customers including Apple, Walmart and Starbucks manage waste and recycling to reduce emissions.| Sarah Perez / TechCrunch: |
Amazon says it will reduce its Alexa skills commission from 30% to 20% for developers who earn less than $1M per year, starting in Q2 2022 — Amazon is joining other tech giants by lowering its cut of developer revenue generated by voice apps, known as Alexa skills, which run on Amazon's smart speakers and other Alexa-powered devices.| Ron Miller / TechCrunch: |
Cockroach Labs, which makes the SQL database CockroachDB, raises a $278M Series F at a $5B valuation, after raising $160M at a $2B valuation in January — Cockroach Labs, makers of CockroachDB, has been raking in money this year. It started the year with a $160 million Series E … | Willem Marx / Bloomberg: |
Malta's status as Europe's online gambling capital is under threat after it was added to the global money laundering watchdog FATF's “gray list” in June — One spring night in 2007, Joseph Borg and several colleagues from Malta's tiny gaming commission stayed late at their office to listen to the news from London.| Bloomberg: |
Sources: Indian edtech company Byju's is in advanced talks to go public via SPAC on the NYSE, raising around $4B and valuing it at about $48B — - Education startup is discussing deal with Churchill Capital — SPAC merger could value Byju's at more than $40 billion| Bloomberg: |
Samsara, which offers tools to manage IoT sensors in vehicle fleets, closes up 7.39% in its NYSE debut for a $12B+ market cap, after raising $805M in its IPO — Samsara Inc., adding to a record year for software listings, rose 7.4% in its trading debut after raising $805 million … | Aditya Kalra / Reuters: |
ShareChat, a social network offered in 15 Indian languages, raises a $266M Series G led by Alkeon Capital at a $3.7B valuation — Indian content-sharing platform ShareChat on Thursday said it had raised $266 million in fresh funding from U.S.-based Alkeon Capital and some existing investors, pushing its valuation to $3.7 billion.| Ingrid Lunden / TechCrunch: |
Hamburg-based Taxdoo, which offers API-based tools for e-commerce tax and accounting, raises a $64M Series B led by Tiger Global, bringing total funding to $84M — With e-commerce becoming increasingly globalized, a company called Taxdoo, which builds API-based tools to help e-commerce companies … | Mitchell Clark / The Verge: |
Meta adds Messenger support to Ray-Ban Stories via a software update, letting users send and receive messages, make calls, and have messages read aloud — Letting you send and hear messages makes them significantly more useful — The Ray-Ban Stories smart glasses are getting the ability … | Rest of World: |
Internal report: employees at Wildlife Studios, a Brazilian mobile game maker valued at $3B, have repeatedly alleged gender wage imbalances and discrimination — The free-to-play gaming company valued at $3 billion has struggled with allegations of gender discrimination and unequal pay, according to a 2020 report.| Chaim Gartenberg / The Verge: |
IBM and Samsung say Vertical Transport Field Effect Transistors, an alternative to FinFET chip designs, can offer 2x performance, amid similar claims from Intel — The next big advance in chips is looking up — IBM and Samsung have announced their latest advance in semiconductor design …
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Email fatigue is real: Here's how smart email tools help you regain control — Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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| Foo Yun Chee / Reuters: |
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| Tim Hardwick / MacRumors: |
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| Gertrude Chavez-Dreyfuss / Reuters: |
| Emily Birnbaum / Politico: |
| Amanda Silberling / TechCrunch: |