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December 16, 2021, 10:05 AM
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| 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 …
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The Economic Times, The Register, The Verge, Variety, CNBC, TechCrunch, PYMNTS.com, Barron's Online, BBC, 9to5Mac, Bloomberg, Reuters, Newser, WRAL TechWire, iMore, Wall Street Journal, Coinspeaker, CNN, Insider, Engadget, Protocol, and Axios
Tweets: @mikeisaac, @ourielohayon, @carnage4life, @valuations_, and @hoctopi
| 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 … | 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
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iThinkDifferent, MacRumors, The Verge, 9to5Mac, CNET, PhoneArena, Cult of Mac, WRAL TechWire, Mashable, TechCrunch, SiliconANGLE, CNN, iDownloadBlog.com, Silicon Valley Business …, Music Business Worldwide, Wall Street Journal, iMore, Reuters, New York Times, and AppleInsider
Tweets: @zoeschiffer, @markgurman, @markgurman, @ldignan, @marklucovsky, @samifathi_, @rsgnl, @gartenberg, @ismh, @migueldeicaza, @deitaone, @yeoldedad, @zoeschiffer, @migueldeicaza, and @cherthedev
| 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
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PCMag, iMore, MUO, NBC News, The Verge, Engadget, Benzinga, CNBC, MacDailyNews, The Information, iDownloadBlog.com, TheStreet, 9to5Mac, AppleInsider, Reuters, and Financial Times
Tweets: @markgurman, @zoeschiffer, @markgurman, and @creative_rants
| 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 …
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Engadget, ZDNet, The Overspill, iDownloadBlog.com, AppleInsider, OSnews, Pixel Envy, iTnews, and PCMag
Tweets: @i41nbeer, @jsrailton, @itswillis, @suka_hiroaki, @igorbrigadir, @stevestreza, @matthew_d_green, @jsrailton, @mikarv, @evacide, @nicoleperlroth, @dalperovitch, @nickstenning, @jrozner, @royalhansen, @domchell, @thelunarixus, @evacide, @federicomena, @clearing_fog, @benhammersley, @itswillis, @joshavant, @itswillis, @jsrailton, @itswillis, @itswillis, and @jsrailton
| Reuters: |
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Wired, House Foreign Affairs …, The Hill, The Times of Israel, CNN, Al-Monitor, CyberScoop, The Register, and Access Now
| 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.
More:
YouTube and Financial Times
Tweets: @henrymance, @owillis, @milo_edwards, @dkthomp, @ariehkovler, @parkermolloy, @byyourlogic, @jamestitcomb, @stephenkb, @jack_sommers, @henrymance, @robinwigg, @katie_martin_fx, @jackcevans, @jolyonmaugham, @michaelsavage, @larakiara, @shefaly, @johnthornhillft, @davidpilling, @psythor, @peterguest, @stokel, and @martinsfp
| 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.
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Decrypt, The Information, Bloomberg, Silicon Valley Business …, CNBC, Protocol, TechCrunch, The Block, and CoinDesk
Tweets: @katie_haun, @katie_haun, @katie_haun, @katie_haun, @jess, @tferriss, @dfinzer, @larakate, @emiliemc, @katie_haun, @katie_haun, @vijaya, @eladgil, and @alexrkonrad
| 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 — Last week, Meta (the umbrella company formerly known as Facebook) opened up access to its virtual-reality social media platform, Horizon Worlds.
More:
Bloomberg and Pandaily
Tweets: @mattnavarra, @markgongloff, @autumncapital, @mikebutcher, @parmy, @parmy, @parmy, @damienmcferran, @niallfirth, and @quicktake
| Liza Lin / Wall Street Journal: |
TikTok says it will adjust its recommendation algorithm to avoid negative reinforcement and protect mental well-being — The app says it is working to diversify the content it pushes to individual users in order to protect their mental well-being — Popular video-sharing app TikTok …
More:
TikTok, TechCrunch, and Axios
| 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
More:
Reuters, DealStreetAsia, Inc42 Media, and Tech in Asia
Tweets: @chandrarsrikant and @saritharai
| 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 …
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The Keyword, Social Media Today, PYMNTS.com, Neowin, and 9to5Google
Tweets: @dangrover and @gabor
| Amanda Silberling / TechCrunch: |
TikTok is testing TikTok Live Studio, a Windows app that lets users stream directly to TikTok Live from their computer — What if instead of watching your favorite TikTok star stream on Twitch, you could watch them play video games live on TikTok? For the last few days, according to the platform …
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The Verge, BetaNews, XDA Developers, PCMag, Dexerto, Coinspeaker, iPhone in Canada Blog, MSPoweruser, and Dot Esports
Tweets: @zachbussey, @joshconstine, and @bdsams
| Lucy Harley-Mckeown / The Block: |
Dutch startup Silverflow, which claims to be the first cloud-native card payments service, raises a $17M Series A led by Coatue — Quick Take — Dutch payment tech company Silverflow has closed a $17 million Series A round, led by Coatue Management. — The round was joined …
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TechCrunch, FinSMEs, Finextra, Insider, and Silicon Canals
| 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.
More:
alexa-blog, Android Central, and PYMNTS.com
| Christine Hall / TechCrunch: |
Brazilian e-commerce startup Olist, which connects small sellers to large marketplaces, raises $186M Series E at a $1.5B valuation, after $80M Series D in April — Olist, a Brazilian e-commerce marketplace integrator, confirmed it is now valued at $1.5 billion after securing $186 million …
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Reuters
| Washington Post: |
An in-depth look at the events surrounding the deadly tornado that hit an Amazon warehouse in Illinois, leaving six dead, as workers sheltered in restrooms — A woman told 911 that one of the people sheltering with her had been ‘bent in half’ by rubble. A driver detailed his frantic flight to safety.
More:
The Verge and Ars Technica
Tweets: @markseibel, @markseibel, @markseibel, @markseibel, @gerritd, and @washingtonpost
| Paul Sawers / VentureBeat: |
Dialpad, an enterprise voice, video, and contact-center service, raises $170M led by Iconiq at a $2.2B valuation, up from $1.2B last year — Cloud communications platform Dialpad has raised $170 million in a round of funding led by Iconiq Capital, valuing the company at $2.2 billion — roughly double its valuation on last year.
More:
SiliconANGLE and Reuters
| Alex Wilhelm / TechCrunch: |
Denver-based Gtmhub, which helps companies track objectives and results, raises a $120M Series C led by Index Ventures, bringing its total raised to ~$160M — Denver-based software startup Gtmhub announced this morning that it has closed a $120 million Series C. Index Ventures led the round …
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VentureBeat
| 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.
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Wagers.com Earnings+More. Tweets: @bradleyhope, @bloomberguk, @bw, @mcaruanagalizia, @mattcampbell, and @fairandopen
| Chainalysis: |
Analysis: cryptocurrency scams cost owners $7.7B in 2021, up 81% from 2020, driven by DeFi-based “rug pulls”, where developers suddenly abandon projects — This blog is a preview of our 2022 Crypto Crime Report. Sign up here to reserve your copy and we'll email you the full report when it comes out in February!| Amrith Ramkumar / 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 — Investors in software company include actor Leonardo DiCaprio, KKR co-founder Henry Kravis and billionaire investor Paul Tudor Jones| Paul Gillin / SiliconANGLE: |
North Carolina-based CData, which aggregates data from 200+ sources for businesses, raises a $140M Series B from Updata, bringing its total funding to $160M — CData Software Inc., a seven-year-old firm that specializes in connecting data from multiple sources, today announced a new $140 million funding round.
More:
VentureBeat and PR Newswire
| Mary Ann Azevedo / TechCrunch: |
Weight care management app Found raises a $100M Series B led by WestCap at a $600M valuation — Just two and a half months after emerging from stealth, weight care management startup Found announced today that it has raised $100 million in a Series B funding round that values the company at $600 million.
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Crunchbase News
| 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 …
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SiliconANGLE, VentureBeat, The Register, CNBC, Reuters, PR Newswire, and Cockroach Labs …
Sponsor Posts
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The Upstarts Podcast:
Runway's Cris Valenzuela: Building The Hollywood-Friendly Video AI That OpenAI Couldn't
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Hard Fork:
OpenAI's Big Reset + A.I. in the Doctor's Office + Talkie, a pre-1930s LLM
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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The Talk Show With John Gruber:
'Food and Beverage Director', With MG Siegler
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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.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
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.
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