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December 27, 2021, 3:05 PM
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Mediagazer
memeorandum
WeSmirchTop News
| Joanna Glasner / Crunchbase News: |
Most VC-backed startups that went public via a SPAC in 2021 have seen their stock drop; Metromile, View, Owlet, and Clover Health are among the worst performers — The overwhelming majority of venture-backed companies that went public via special-purpose acquisition companies, or SPACs …
Tweets: @martinsfp
| Wall Street Journal: |
PitchBook: nearly 340 startups have privately raised money at $1B+ valuations in 2021, more than triple the total from 2020 — SPACs and venture capitalists are plowing money into startups at record rates, looking past worries about lofty valuations — Investors are defying a share-price slump …
Tweets: @kushkatakia, @maxjacobsedison, @julianklymochko, @amrithramkumar, and @eliotwb
| Khadeeja Safdar / Wall Street Journal: |
Profile of Gloo, which has ~245M profiles on Americans and is used by 30K+ churches, or 10% of US churches, to target ad campaigns at people facing a crisis — A small company called Gloo mines online data for people who might be receptive to evangelizing and church outreach — Struggling with grief?| Leah Nylen / Politico: |
An overview of the efforts by Google, Apple, and Amazon to offer their technology and services for connected cars — When Ford announced that starting in 2023 its cars and trucks would come with Google Maps, Assistant and Play Store preinstalled, CEO Jim Farley called the partnership between …
More:
9to5Mac, iPhone in Canada Blog, and Slashdot
Tweets: @aricohn, @aaronbuley, @hypervisible, @chelseycolbert, and @tombamonte
| Robert Stevens / Decrypt: |
OpenDAO airdrops SOS token for users of OpenSea's NFT marketplace; the token, unaffiliated with OpenSea, is up ~10x in two days as watchers debate its prospects — In brief — SOS is an airdrop from OpenDAO, distributed to people who have spent money on OpenSea transactions.| Eric Ravenscraft / Wired: |
A critique of much-hyped crypto-based virtual real estate projects, such as Decentraland, which are often buggy, empty, and lack moderation tools — The “real estate of the future” is plagued by buggy software, empty servers, and huge opportunities for abuse.
Tweets: @dlberes, @matt_on_tech, and @agraylin
| David McCabe / New York Times: |
A look at OneTrust, BigID, TrustArc, and other startups helping companies navigate the internet's increasingly fragmented rules and privacy regulations — Companies have sprouted up to help others navigate the varied laws around the world governing websites.
Tweets: @paulnemitz, @dmccabe, @nytimesbusiness, @jeffjarvis, and @jkosseff
| Kalyeena Makortoff / The Guardian: |
Gibraltar mulls letting blockchain firm Valereum acquire its stock exchange to add cryptocurrency trading, risking reputational damage and diplomatic sanctions — Territory's financial sector risks reputational damage and diplomatic sanctions if complex regulations of crypto hub fail
More:
CNET
| Financial Times: |
Sources: Didi bans current and former employees from selling shares indefinitely; Didi has lost ~60%, or ~$38B, in market value since its New York IPO in June — Chinese ride-hailing group extends lock-up period after moving to delist from New York — Didi Chuxing has barred current … | Yang Jie / Wall Street Journal: |
While unable to meet analog chip demand, Texas Instruments hesitates to expand production capacity because of the industry's history of boom and bust cycles — Even in digital age, analog chips such as those made in Texas are essential, and they are in short supply
Tweets: @aparanjape, @pastynome, @jbathgate, and @scottlincicome
| Madhumita Murgia / Financial Times: |
Meta acquired synthetic data startup AI. Reverie in August, consolidating it into Reality Labs; AI. Reverie previously had a US DoD contract worth up to $950M — Synthetic data company AI. Reverie will work within group's Reality Labs division — An artificial intelligence company contracted …
Tweets: @adamhrv, @shashj, @aandgshow, and @aandgshow
| Daniel Michaels / Wall Street Journal: |
Inside China's Logink, an expansive digital network for tracking global sea cargo that experts fear could give Beijing a commercial or strategic advantage — Beijing can track cargo with little-known Logink system, potentially gaining intelligence and commercial advantageSponsor Posts
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