Techmeme
December 12, 2020, 11:35 PM

Top News

Rakesh Prakash / Times of India:
Violent unrest erupts at Wistron's iPhone manufacturing plant near Bengaluru in India, sources say over the company's failure to pay promised wages  —  A screenshot of the video showing employees damaging properties at the iPhone manufacturing plant.  —  BENGALURU: The iPhone manufacturing plant …
Wall Street Journal:
Sources: point-of-sale lender Affirm is postponing its IPO until next year  —  The point-of-sale lender is the second company in as many days to pull back from the IPO market  —  Affirm Holdings Inc. is postponing its initial public offering, according to people familiar with the matter …
Joe Rossignol / MacRumors:
Kuo: iPhone 13 mass production will return to Apple's usual timeframe and will not face the delays that the iPhone 12 lineup faced  —  While the iPhone 12 lineup launched later than usual due to the COVID-19 pandemic, analyst Ming-Chi Kuo today forecasted that mass production …
Steven Burke / crn.com:
Thoma Bravo says it is acquiring a majority stake in Venafi, a provider of machine identity management software, at a $1.15B valuation  —  “Thoma Bravo invests in category creators and leaders,” said Venafi CEO Jeff Hudson.  “That ($1.15 billion) valuation is a good valuation.
Maureen Farrell / Wall Street Journal:
Internal memo: Roblox, citing soaring market debuts of Airbnb and DoorDash, says it is too difficult to price its shares and will delay its IPO until next year  —  Videogame company, citing Airbnb and DoorDash market debuts, says it is too difficult to price its shares
Lauren Feiner / CNBC:
Filing: California is seeking to join the DOJ's antitrust lawsuit against Google, making it the first Democratic state to request to join 11 GOP AGs in the suit  —  - California is seeking to join the Justice Department in its antitrust lawsuit against Google, according to a court filing the state submitted on Friday.
Lucas Matney / TechCrunch:
Twitter says it has acquired screen-sharing social app Squad whose team will join Twitter, and it will shut down the app tomorrow  —  Today, Twitter announced that it is acquiring Squad and that the team from the screen-sharing social app will be joining Twitter's ranks.

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Earlier Picks

Bloomberg:
Jessica Bursztynsky / CNBC:
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