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December 16, 2021, 3:15 PM
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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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Reuters, The Economic Times, Variety, Gizmodo, The Verge, TechCrunch, CNBC, Adweek, BBC, HotHardware.com News, Bloomberg, Wall Street Journal, thegamer.com, CNN, Coinspeaker, Newser, 9to5Mac, WRAL TechWire, iPhone in Canada Blog, The Register, Insider, iMore, PYMNTS.com, Engadget, CoinDesk, Protocol, Barron's Online, and Axios
Tweets: @reddit, @mikeisaac, @valuations_, @loudmouthjulia, @lamonicabuzz, @carnage4life, @ourielohayon, @hoctopi, and @leeodden
| 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 …
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Bloomberg, Reuters, CNET, ntmbulo.com, and Waivly
| Henry Mance / Financial Times: |
Interview with Meta's VP of Global Affairs Nick Clegg on leaving politics, the impact of Haugen's leaks, and his leading role in 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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Financial Times and YouTube
Tweets: @henrymance, @kimberlynfoster, @timcast, @jamestitcomb, @jack_sommers, @cwarzel, @hblodget, @lorenzofb, @henrymance, @robinwigg, @katie_martin_fx, @arirabinhavt, @jackcevans, @stephenkb, @apzonerunner, @parismarx, @owillis, @cecianasta, @milo_edwards, @dkthomp, @jolyonmaugham, @mathewolson, @michaelsavage, @byyourlogic, @hamburger, @brendelbored, @gossithedog, @larakiara, @shefaly, @johnthornhillft, @davidpilling, @ariehkovler, @davemolloy, @psythor, @peterguest, @stokel, @parkermolloy, and @martinsfp
| Mark Gurman / Bloomberg: |
Job listings show Apple is hiring engineers for a new office in Irvine, California to develop wireless chips that could replace Broadcom and Skyworks components — - Company seeks engineers for location in Irvine, California — Apple is poised to attract employees from Broadcom, Skyworks
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AppleInsider, MacRumors, The Verge, 9to5Mac, iPhone Hacks, iPhone in Canada Blog, and Cult of Mac
Tweets: @markgurman and @benbajarin
| Tanya Basu / MIT Technology Review: |
Meta says a woman was groped in Horizon Worlds on November 26; an internal review found she should have used the VR platform's 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, Futurism, and Pandaily
Tweets: @tanyabasu, @calbucci, @lazerwalker, @parmy, @teachguz, @parmy, @mikebutcher, @parmy, @damienmcferran, @oliviasolon, @mattnavarra, @vickiturk, @markgongloff, @autumncapital, @niallfirth, @eileenguo, @jjaron, and @quicktake
| Orla McCaffrey / Wall Street Journal: |
Tax preparation company H&R Block sues Block, formerly Square, for trademark infringement, claiming Block's name and logo are “nearly identical” to its own — Square changed name to Block earlier this month, a nod to CEO Jack Dorsey's blockchain ambitions
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Decrypt, Engadget, Protocol, CoinDesk, Bloomberg, GlobeNewswire News Room, and CNBC
Tweets: @theryanford, @rstephens, @readdanwrite, and @orla_mccaffrey
| Liza Lin / Wall Street Journal: |
TikTok says it will adjust its recommendation algorithm to avoid negative reinforcement and let users pick words and hashtags to remove videos from their feed — The app says it is working to diversify the content it pushes to individual users in order to protect their mental well-being
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TikTok, TechCrunch, Protocol, Engadget, 9to5Mac, Tubefilter, The Verge, TechCrunch, and Axios. Tweets: @tiktokcomms
| Kris Holt / Engadget: |
Sidewalk Labs plans to shut down, fold its products into Google, and spin out Canopy Buildings; CEO Dan Doctoroff says he is stepping down for health reasons — Alphabet's smart city project is winding down and Google will take over its products. Sidewalk Labs CEO Dan Doctoroff announced …
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Sidewalk Talk, 9to5Google, and Protocol
Tweets: @andyjayhawk, @sidewalklabs, @richard_florida, and @kantrowitz
| Chainalysis: |
Analysis: cryptocurrency scams cost victims $7.7B in 2021, up 81% from 2020, driven by DeFi-based “rug pulls” wherein developers unexpectedly 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!
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Insider, Protocol, Decrypt, and CryptoSlate
Tweets: @ryan, @arvidkahl, @chainalysis, and @mdudas
| Bloomberg: |
Sources: Indian edtech company Byju's is in advanced talks to go public via a SPAC on the NYSE, raising around $4B and seeking a $48B valuation — - Education startup is discussing deal with Churchill Capital — SPAC merger could value Byju's at more than $40 billion
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TechCrunch, The Economic Times, Reuters, Financial Times, SPACInsider, Inc42 Media, DealStreetAsia, and Tech in Asia
Tweets: @chandrarsrikant and @saritharai
| Aisha Malik / TechCrunch: |
Apple releases Swift Playgrounds 4, which lets users develop iPhone and iPad apps on their iPads, preview apps in real time, and upload them to the App Store — Apple announced that it has officially released Swift Playgrounds 4. The tech giant first announced the upcoming launch of the new software at WWDC earlier this year.
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Apple Developer, SiliconANGLE, MacRumors, Thurrott, PhoneArena, O'Grady's PowerPage, Cult of Mac, Redmond Pie, Wccftech, Pocketnow, and appadvice.com
Tweets: @twostraws, @zollotech, @chris_lawley, @tommyprezioso, and @timroesner
| Dan Primack / Axios: |
Source: delivery startup Gopuff, which recently launched in London and NYC, raised $1.5B in convertible notes at a valuation of up to $40B — Gopuff, an instant delivery platform for everyday items, has raised $1.5 billion in new funding at around a $40 billion valuation, Axios has learned.| 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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Gizmodo, The Economic Times, TechRadar, Wall Street Journal, Engadget, iPhone in Canada Blog, MacRumors, The Verge, Thurrott, 9to5Mac, CNET, The Hill, New York Business Journal, Newser, Cult of Mac, Apple Must, iThinkDifferent, PhoneArena, Philip Elmer‑DeWitt, CNN, WRAL TechWire, TechCrunch, MacDailyNews, Mashable, SiliconANGLE, iClarified, New York Times, iDownloadBlog.com, Music Business Worldwide, iMore, The Mac Observer, Reuters, AppleInsider, and New York Post
Tweets: @zoeschiffer, @markgurman, @markgurman, @marklucovsky, @ldignan, @samifathi_, @migueldeicaza, @migueldeicaza, @yeoldedad, @zoeschiffer, @ismh, @rsgnl, @cherthedev, @gartenberg, and @deitaone
| Mark Gurman / Bloomberg: |
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iMore, NBC News, MUO, PCMag, The Verge, Engadget, Benzinga, CNBC, The Information, MacDailyNews, iDownloadBlog.com, TheStreet, 9to5Mac, AppleInsider, and Reuters
Tweets: @markgurman, @zoeschiffer, @markgurman, and @creative_rants
| Washington Post: |
An in-depth look at the four-minute tornado in Illinois, with the only deaths coming at an Amazon warehouse, where 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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VICE, The Verge, New York Post, and Ars Technica
Tweets: @gerritd, @washingtonpost, @markseibel, @markseibel, @markseibel, @markseibel, and @moreperfectus
| Sara Fischer / Axios: |
Spotify acquires Australian company Whooshkaa, which helps radio broadcasters turn existing content into podcasts and sell ads around them — Spotify on Thursday said it acquired Whooshkaa, a podcast technology platform that specializes in technology for radio broadcasters to turn existing content into podcasts.
More:
Spotify, The Verge, TechCrunch, and Whooshkaa
Tweets: @ashleyrcarman, @sarafischer, and @sarthakgh
| Todd Spangler / Variety: |
Spotify rolls out a podcast ratings system that will let users rate a show from one to five stars only after listening to it — 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 …
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Spotify, TechCrunch, Word of Mouth, XDA Developers, Hollywood Reporter, Engadget, Tubefilter, and MSPoweruser
Tweets: @spotifynews and @evoterra
| Dean Takahashi / VentureBeat: |
Adidas Originals launches an NFT collection with Bored Ape Yacht Club, Gmoney, and Punks Comic that offers 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, designboom, Crypto Briefing, Coinspeaker, and Tech in Asia
| Henry Meyer / Bloomberg: |
Google loses a court appeal in Russia and faces daily fines following a lawsuit to unblock a YouTube account of a TV channel owned by a sanctioned Putin ally — - Google lost an appeal over suit to unblock a YouTube account — U.S. technology giant says it's complying with U.S. sanctions| Gillian Tan / Bloomberg: |
Stocktwits, a social network used by investors and day traders, 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.
Tweets: @michaelbatnick, @jposhaughnessy, and @mdudas
| Ron Miller / TechCrunch: |
Cockroach Labs, which makes the SQL database CockroachDB, raises a $278M Series F at a $5B valuation led by Greenoaks, up from $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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CRN, VentureBeat, Reuters, CNBC, PR Newswire, SiliconANGLE, Cockroach Labs …, and The Register
| Ryan Weeks / The Block: |
Nansen, a crypto analytics service known for its ability to track high-value investors, raises a $75M Series B led by Accel, sources say at a $750M valuation — Quick Take — Venture capital firm Accel led the fundraise, with participation from a16z and Tiger Global.
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Decrypt, CoinDesk, Reuters, Crypto Briefing, and The Economic Times
| Andrea Navarro / Bloomberg: |
Latin America-based Nowports, which lets importers and exporters ship goods directly through its service, raises a $60M Series B led by Tiger Global — - Nowports raised $60 million in its Series B funding round — Startup growing fast amid problems with global supply chain| 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:
ZDNet, alexa-blog, Android Central, and PYMNTS.com
| 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 Management — Quick Take — Dutch payment tech company Silverflow has closed a $17 million Series A round, led by Coatue Management.
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TechCrunch, FinSMEs, Finextra, Silicon Canals, and Insider
| Jackie Davalos / Bloomberg: |
Uber plans to pilot driverless food-delivery in Santa Monica next year with partner Motional, a Hyundai and Aptiv joint venture that also has a Lyft deal — Uber Technologies Inc. plans to launch a driverless food-delivery pilot program in the U.S. next year, the company announced on Thursday.
More:
Engadget
| 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
| 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:
Voicebot.ai, Bloomberg, Channel Futures, Reuters, and SiliconANGLE
| 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 …
More:
SiliconANGLE and VentureBeat
| 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, TechRadar, Social Media Today, WinBuzzer, PYMNTS.com, Neowin, and 9to5Google
Tweets: @dangrover and @gabor
| 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
Sponsor Posts
Command Line:
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
App Spotlight: TDS 26AS Reconciliation for Zoho Books — Automate 26AS/Form 168 reconciliation, ensuring that mismatches between your 26AS/Form 168 and books are flagged to make ITR filing seamless …
App Spotlight: TDS 26AS Reconciliation for Zoho Books — Automate 26AS/Form 168 reconciliation, ensuring that mismatches between your 26AS/Form 168 and books are flagged to make ITR filing seamless …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Sources:
Robinhood's CEO on letting AI trade your money
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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Training Data:
David Silver and Lasse Espeholt of Ineffable Intelligence: A Superlearner for the Age of Experience
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Invest Like the Best:
David Vélez - Building Nubank and the Future of Global Banking
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Cheeky Pint:
Muse Wonder: Zuckerberg and Wang's $100B AI
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Lenny's Podcast:
Why every company now needs to think and operate like a lab team | Josh Woodward (Google Labs, Gemini, AI Studio)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
Meta & Microsoft's Claude Slowdown, His Agent Leaked His Banking Info, Don't Bully Your AI
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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