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December 16, 2021, 6:10 AM
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memeorandum
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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 …
More:
CNBC, TechCrunch, The Verge, Reuters, Insider, Bloomberg, BBC, CNN, Engadget, Protocol, and Axios
Tweets: @mikeisaac, @valuations_, @hoctopi, and @carnage4life
| 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 …
More:
CNET and Wall Street Journal
| 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 …
More:
The Overspill, iDownloadBlog.com, AppleInsider, iTnews, PCMag, Pixel Envy, and OSnews
Tweets: @i41nbeer, @mikarv, @nickstenning, @jsrailton, @itswillis, @suka_hiroaki, @itswillis, @igorbrigadir, @stevestreza, @matthew_d_green, @benhammersley, @joshavant, @jsrailton, @clearing_fog, @dalperovitch, @evacide, @itswillis, @jrozner, @royalhansen, @domchell, @jsrailton, @itswillis, @thelunarixus, @evacide, @jsrailton, @federicomena, and @itswillis
| 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 …
More:
Wired, Al-Monitor, House Foreign Affairs …, The Hill, The Times of Israel, CNN, CyberScoop, The Register, and Access Now
| 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
More:
MacRumors, 9to5Mac, CNET, The Verge, TechCrunch, SiliconANGLE, Silicon Valley Business …, iDownloadBlog.com, CNN, Reuters, Music Business Worldwide, Wall Street Journal, iMore, Reuters, New York Times, AppleInsider, and BBC
Tweets: @zoeschiffer, @markgurman, @markgurman, @marklucovsky, @samifathi_, @rsgnl, @migueldeicaza, @gartenberg, @cherthedev, @ismh, @migueldeicaza, @deitaone, @yeoldedad, and @zoeschiffer
| 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
More:
iMore, The Verge, NBC News, Benzinga, CNBC, MacDailyNews, Engadget, iDownloadBlog.com, 9to5Mac, TheStreet, The Information, AppleInsider, Reuters, Financial Times, Neowin, iPhone in Canada Blog, Appleosophy, Barron's Online, and CNN
Tweets: @markgurman, @markgurman, @zoeschiffer, and @creative_rants
| 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.
More:
Decrypt, The Information, Silicon Valley Business …, CNBC, Bloomberg, Protocol, TechCrunch, The Block, and CoinDesk
Tweets: @katie_haun, @katie_haun, @katie_haun, @katie_haun, @tferriss, @alexrkonrad, @emiliemc, @eladgil, @jess, @katie_haun, @vijaya, @katie_haun, @dfinzer, and @larakate
| 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 …
More:
IBM, SiliconANGLE, Patently Apple, fossbytes.com, TechCircle, Digital Trends, HPCwire, PCMag, IBM Research Blog, and YouTube
Tweets: @aideepdive, @ibmnews, @benbajarin, and @mcwm
| 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 …
More:
The Keyword, Social Media Today, PYMNTS.com, Neowin, and 9to5Google
Tweets: @dangrover and @gabor
| 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.
More:
The Verge, designboom, and Tech in Asia
| Crystal Kim / Bloomberg: |
More:
Wall Street Journal, The Guardian, ARTnews.com, Artnet News, The Block, Blockworks, and CoinDesk. Tweets: @leonidasnft
| 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
| Wall Street Journal: |
Microsoft and cybersecurity company Mandiant say state-backed hacking groups linked to China, Iran, North Korea, and Turkey are exploiting the Log4j flaw — Researchers call it one of the most dire cybersecurity threats to emerge in years and could enable devastating attacks
More:
Microsoft Security Blog, BBC, ZDNet, CNN, VentureBeat, Threatpost, SiliconANGLE, Dark Reading, Insider, Newser, The Register, SecurityWeek, Malwarebytes Labs, PCMag, HotHardware.com News, PYMNTS.com, The Hill, HackRead, The Record, and SecurityWeek
Tweets: @brianweeden, @ryanfedasiuk, @dnvolz, @kevincollier, @zackwhittaker, and @cisagov
| 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 … | Tim Hardwick / MacRumors: |
Apple quietly removes all mentions of CSAM scanning on its Child Safety webpage, but says its plans have not changed since September when it delayed the feature — Apple has quietly nixed all mentions of CSAM from its Child Safety webpage, suggesting its controversial plan … | 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 … | Mike Butcher / TechCrunch: |
German startup financing service Re:cap, which helps convert ARR into non-dilutive investment, raises a $111.5M seed — Re:cap, a non-dilutive funding platform in a similar vein to Pipe.com and Capchase but based in Europe, has closed a Seed financing round of $111.5 million … | Gillian Tan / Bloomberg: |
Stocktwits, a social network used by traders and investors, raises $30M, source says at a $210M valuation, led by Alameda Research and says it has 1M MAUs — Stocktwits, a social-media platform used by day traders and other retail investors, raised $30 million in a funding round led by Alameda Research Ventures.| 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:
Financial Times. Tweets: @jamestitcomb, @peterguest, @katie_martin_fx, @shefaly, @johnthornhillft, @henrymance, and @davidpilling
| 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.
More:
Moneycontrol and Entrackr
| 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.| Yasemin Craggs Mersinoglu / Financial Times: |
Redditors grieve as Reddit sunsets its beloved annual Secret Santa exchange platform Reddit Gifts, which facilitated anonymous giving between users globally — I first heard about Reddit Secret Santa four years ago, when my friend told me she had been gifted a trip to a music festival in Switzerland.
Tweets: @michaelmacleod1 and @financialtimes
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