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December 16, 2021, 11:00 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, HotHardware.com News, The Verge, The Register, CNBC, TechCrunch, Variety, PYMNTS.com, Barron's Online, BBC, 9to5Mac, Bloomberg, Wall Street Journal, Newser, WRAL TechWire, iMore, Reuters, CNN, Insider, Engadget, Coinspeaker, Protocol, CoinDesk, and Axios
Tweets: @mikeisaac, @carnage4life, @ourielohayon, @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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The Economic Times, Thurrott, The Hill, iThinkDifferent, MacRumors, The Verge, 9to5Mac, CNET, Wall Street Journal, Newser, Apple Must, New York Business Journal, Cult of Mac, PhoneArena, MacDailyNews, WRAL TechWire, TechRadar, CNN, iClarified, TechCrunch, SiliconANGLE, The Mac Observer, Mashable, iDownloadBlog.com, Music Business Worldwide, iMore, Reuters, New York Times, AppleInsider, and New York Post
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, NBC News, MUO, The Verge, Engadget, Benzinga, CNBC, MacDailyNews, The Information, iDownloadBlog.com, TheStreet, 9to5Mac, AppleInsider, Reuters, and Financial Times
Tweets: @markgurman, @zoeschiffer, @markgurman, and @creative_rants
| 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.
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YouTube and Financial Times
Tweets: @henrymance, @hamburger, @owillis, @milo_edwards, @dkthomp, @ariehkovler, @parkermolloy, @byyourlogic, @jamestitcomb, @jack_sommers, @henrymance, @robinwigg, @katie_martin_fx, @jackcevans, @stephenkb, @jolyonmaugham, @michaelsavage, @larakiara, @shefaly, @johnthornhillft, @davidpilling, @psythor, @peterguest, @stokel, and @martinsfp
| 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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9to5Mac, Engadget, Metacurity, ZDNet, The Overspill, iDownloadBlog.com, OSnews, AppleInsider, Pixel Envy, iTnews, and PCMag
Tweets: @i41nbeer, @jsrailton, @itswillis, @suka_hiroaki, @matthew_d_green, @igorbrigadir, @stevestreza, @jsrailton, @mikarv, @nicoleperlroth, @dalperovitch, @nickstenning, @jrozner, @royalhansen, @domchell, @thelunarixus, @evacide, @federicomena, @evacide, @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
| 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.
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Bloomberg and Pandaily
Tweets: @tanyabasu, @eileenguo, @parmy, @parmy, @mikebutcher, @parmy, @damienmcferran, @mattnavarra, @markgongloff, @autumncapital, @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 …
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TikTok, The Verge, 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
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The Economic Times, Reuters, DealStreetAsia, Inc42 Media, and Tech in Asia
Tweets: @chandrarsrikant and @saritharai
| 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!| 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.
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Bloomberg, SiliconANGLE, and Reuters
| 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.
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The Verge, Coinspeaker, designboom, and Tech in Asia
| 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.
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The Verge, New York Post, and Ars Technica
Tweets: @markseibel, @markseibel, @markseibel, @markseibel, @gerritd, and @washingtonpost
| 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, @jess, @tferriss, @dfinzer, @larakate, @katie_haun, @katie_haun, @emiliemc, @katie_haun, @katie_haun, @vijaya, @eladgil, and @alexrkonrad
| 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
| 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
| 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
| 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.
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VentureBeat and PR Newswire
| Kyle Wiggers / VentureBeat: |
Elementary, which uses AI to automate product inspections in factories, raises a $30M Series B led by Tiger Global, bringing its total funding to $47.5M+ — While it might not be the first example that comes to mind when thinking of AI applications, AI systems are increasingly being used in the manufacturing sector.
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TechCrunch
| 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
| Todd Spangler / Variety: |
Spotify rolls out a five-star ratings system for podcasts that will only let users rate a show after listening — Spotify is borrowing a page from rival Apple with the addition of a five-star user ratings system for podcasts — a new tool for sorting through the more than 3.2 million podcast titles … | 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.| 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
| 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, PR Newswire, Reuters, and Cockroach Labs …
| 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
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