| 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 … | 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.| 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.| 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| 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| 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 … | 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| 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: |
| 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 … | 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!| 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| 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.| 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.| 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 … | 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.| 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.| 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.| 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.| 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 … | 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.| 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 … | Henry Meyer / Bloomberg: |
Google loses a court appeal in Russia and faces daily fines following a suit to unblock a YouTube account of a TV channel owned by a sanctioned ally of Putin — - Google lost an appeal over suit to unblock a YouTube account — U.S. technology giant says it's complying with U.S. sanctions| 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.| 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.| Jackie Davalos / Bloomberg: |
Uber says it plans to launch a driverless food-delivery pilot in Santa Monica next year in partnership with Motional, a joint venture between Hyundai and Aptiv — Uber Technologies Inc. plans to launch a driverless food-delivery pilot program in the U.S. next year, the company announced on Thursday.| 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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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.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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