| Vlad Savov / Bloomberg: |
Jack Dorsey causes controversy by criticizing Web3, tweeting: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives” — Fresh off relinquishing the chief executive reins of Twitter Inc., Bitcoin enthusiast Jack Dorsey has taken … | Todd Spangler / Variety: |
AT&T plans to sell its Xandr programmatic advertising marketplace to Microsoft; the deal would not involve the ad sales business behind DirecTV — Financial terms of the deal were not disclosed; the transaction is subject to customary closing conditions, including regulatory reviews.| Sara Fischer / Axios: |
Taboola partners with Microsoft to launch a real-time service that lets advertisers bid for ad inventory across the open web — Taboola, a content recommendation company, is launching an audience network for advertisers looking to place native ads on the open web.| Lucas Shaw / Bloomberg: |
OnlyFans founder Tim Stokely steps down as CEO and names head of communications and marketing Ami Gan as his replacement; Stokely will remain as an adviser — OnlyFans named spokesperson Ami Gan as its new chief executive officer, replacing Tim Stokely, who founded and built the media company … | New York Times: |
Crypto and blockchain startups raised $28B+ in 2021, up 4x YoY, according to PitchBook, as large tech companies lose execs and engineers to crypto companies — Tech executives and engineers are quitting Google, Meta, Amazon and other large companies for what they say is a once-in-generation opportunity with crypto.| Isla McKetta / Speedtest Stories & Analysis: |
A look at US satellite internet speeds, with Starlink median download/upload speeds of 87.3 Mbps and 13.5 Mbps, followed by HughesNet at 19.3 Mbps and 2.5 Mbps — Satellite internet is making headlines across the globe as Starlink continues to launch service in new countries and Viasat plans to acquire Inmarsat.| Stephanie Chan / Sensor Tower Blog: |
In 2021, 906 developers are projected to pass $1M annual revenue for the first time on Apple's App Store and Google Play, vs. 475 in 2016 and 1,003 in 2020 — As global consumer spending in mobile apps is projected to again reach new heights in 2021, Sensor Tower Store Intelligence data reveals … | Anna Heim / TechCrunch: |
Idaho-based Tackle.io, which helps companies sell software on AWS and other cloud marketplaces, raises $100M Series C led by Coatue and a16z at $1.25B valuation — Tackle.io, an Idaho-based startup that helps software companies sell through cloud marketplaces such as AWS's … | Kimberly Chin / Wall Street Journal: |
McDonald's is selling Dynamic Yield, a startup it acquired for $300M in 2019 that helps retailers offer personalized digital promotions, to Mastercard — Burger chain acquired startup in 2019 for more than $300 million, which was then its largest acquisition in decades| Obey Manayiti / Financial Times: |
Walmart, Target, and others are trying to stop bots from snapping up products before Christmas; research says bot traffic rose 73% between October and November — Fast software scours retailer websites for popular toys and games to resell at higher prices — The supply chain problems … | Mario Gabriele / The Generalist: |
A deep dive into Yuri Milner's DST Global, which has a proven ability to correctly call internet trends and has successfully caught multiple technological waves — DST has one of the craziest track records of all time. Somehow, it still slips under the radar. — In collaboration with Kalshi...| Politico: |
Sources detail Amazon's increasingly close relationship with the DOJ and FBI, as it tips off the agencies about employees and third-party sellers — Amazon has increasingly tipped off the Justice Department and FBI to investigate its own employees and the sellers using its platform, according to a POLITICO analysis. | Helen Partz / Cointelegraph: |
Multichain, which offers interoperability tools for blockchains including Ethereum, Binance Smart Chain, and Avalanche, raises a $60M seed led by Binance Labs — Shortly after rebranding from Anyswap last week, Multichain raised $60 million in a seed round led by Binance Labs. — 389 Total views| Andrew Hayward / Decrypt: |
Render Network, a P2P network that offers remote rendering power for 3D visuals, raises $30M led by Multicoin Capital, bringing its total raised to $50M — In brief — Render Network, a peer-to-peer service for providing 3D rendering power, has raised $30 million.| Juro Osawa / The Information: |
Sources: despite publicly stepping down, ByteDance founder Zhang Yiming remains actively involved, focusing on long-term strategy — Zhang Yiming, founder of ByteDance, the Chinese company that owns TikTok, resigned as CEO and chair earlier this year. He no longer has any management title or board seat.| Sahar Massachi / MIT Technology Review: |
A framework for fixing social media: apply lessons from physical cities, prevent fake accounts, improve corporate behavior, and listen to integrity workers — We need to make our online spaces more similar to our offline ones to limit the reach of bad actors and keep people safe.| Sergiu Gatlan / BleepingComputer: |
T-Mobile says its Scam Shield service blocked 21B scam, spam, and unwanted robocalls in 2021, as scam call traffic hit an all-time high of 425M calls per week — T-Mobile says it blocked 21 billion scam, spam, and unwanted robocalls this year through its free Scam Shield robocall … | Kyle Alspach / VentureBeat: |
PlainID, which offers enterprise identity and access management tools, raises a $75M Series C led by Insight Ventures, bringing its total funding to $100M — PlainID, which today announced a $75 million series C funding round, said it has expanded the customer base by 80% this year … | Christine Hall / TechCrunch: |
Next-day package delivery startup Veho raises a $125M Series A led by General Catalyst at a $1B valuation and plans to reach 50 US markets by the end of 2022 — Veho, a startup applying technology to next-day package delivery, aims to solve the last mile of delivery — how packages get from fulfillment centers to the customer's door.| Janko Roettgers / Protocol: |
TikTok faces allegations that it copied code from broadcast app OBS Studio and other open source projects for Live Studio without adhering to licensing terms — TikTok's latest video-production tool is said to be violating open-source licenses: The company's new Live Studio Windows app … | Amanda Morris / New York Times: |
A look at navigational apps for the blind and low vision people, which have features with mainstream potential like indoor and personalized navigation — A proliferation of new apps designed to help blind and low vision people could prove useful for everyone.
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| Saritha Rai / Bloomberg: |
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