Techmeme
February 23, 2022, 9:45 AM

Top News

Casey Newton / Platformer:
Truth Social, like Parler and Gettr, looks to be structured for mostly one-way communication, broadcast primarily to an audience of Trumpist dead-enders  —  Conservative alternative social networks keep making the same mistakes  —  I.  —  Today, let's talk about some of the less obvious ways …
Drew Harwell / Washington Post:
Trump's Truth Social has been almost entirely inaccessible in its first days due to technical glitches, a 13-hour outage, and 300,000-person waitlist  —  Former president Donald Trump, a longtime critic of how Democrats debuted Healthcare.gov, is facing a bungled website launch of his own.
Stuart A. Thompson / New York Times:
As Joe Rogan, Ben Shapiro, and other right-wing commentators sour on Google, some push DuckDuckGo as an alternative, arguing Google suppresses COVID-19 results  —  The embrace by some conservative influencers and conspiracy theorists is part of a broader effort to shift people away from Big Tech.
Emily Nicolle / Bloomberg:
DappRadar: OpenSea's seven-day trading volume is down 37%, as active traders dropped 19% to 227,272, after a hacker used a phishing attack to steal 254 NFTs  —  Activity on OpenSea, the world's largest marketplace for digital collectibles, likely dropped precipitously after a phishing attack …
Ben Thompson / Stratechery:
With Meta handicapped by Apple's ATT privacy changes, Shopify should step up to provide substitute functionality and build its own advertising network  —  Tobi Lütke, who famously started Shopify when he realized that the software he built to run his snowboard shop was a much bigger opportunity …
Kellen Browning / New York Times:
Despite letting some employees permanently work from home, tech companies are spending billions of dollars expanding their office spaces across the US  —  Even as they allow some employees to change how often they come into the office, tech companies are rapidly buying and leasing properties around the country.
Frederic Lardinois / TechCrunch:
Tel Aviv-based Aporia, a full-stack machine learning monitoring service, raises a $25M Series A led by Tiger Global  —  Aporia, a Tel Aviv-based startup that helps businesses monitor and explain their AI-based services, today announced that it has raised a $25 million Series A funding round led by Tiger Global.
Ingrid Lunden / TechCrunch:
BlueVoyant, which provides managed security and threat intelligence services to SMBs, raises a $250M Series D at a $1B+ valuation  —  Cybersecurity continues to be a pernicious and complex problem, for enterprises, and today a company that's building a multi-faceted toolkit to help them address …
Annie Palmer / CNBC:
Amazon sues AppSally and Rebatest, alleging the sites had their combined 900K+ users post fake Amazon reviews to boost third-party sellers' product rankings  —  - Amazon on Tuesday filed lawsuits against two companies that allegedly acted as fake review brokers.
Peter Wayner / VentureBeat:
Redpanda, a data streaming service formerly known as Vectorized, raises a $50M Series B led by GV  —  Today, Redpanda Data, the data streaming platform formerly known as Vectorized, announced a successful $50 million series B round.  The company's main product offers a simpler mechanism …
Trilby Beresford / Hollywood Reporter:
Backbone, which makes game controllers for the iPhone, raises a $40M Series A led by Index Ventures  —  Amy Schumer and Sean “Diddy” Combs also backed the fundraise, along with top tech CEOs including Discord's Jason Citron and Rec Room's Nick Fajt.
Katie Roof / Bloomberg:
Bloomreach, which provides e-commerce search and website creation tools, raises $175M led by Goldman Sachs at a $2.2B valuation, up from $900M in January 2021  —  Bloomreach said it has raised $175 million in a funding round led by Goldman Sachs Asset Management, giving the e-commerce software business a $2.2 billion valuation.
More: TechCrunch
FinSMEs:
New York-based Timescale, which develops the open-source TimescaleDB time series database, raises a $110M Series C at a $1B+ valuation led by Tiger Global  —  Timescale, a New York-based creator of TimescaleDB, a relational database for time-series, raised $110M in Series C funding at a valuation of over $1 billion.

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