| Lauren Feiner / CNBC: |
Intel CEO Bob Swan will step down on February 15 and VMware CEO Pat Gelsinger will replace him; Intel's stock is up 6%+, VMware's stock is down 6%+ — - Intel CEO Bob Swan is set to step down effective Feb. 15, the company announced. — VMWare CEO Pat Gelsinger will take over the position.| Jessica Bursztynsky / CNBC: |
Airbnb says it is canceling and blocking reservations made for the week of Biden's inauguration in the Washington, DC metro area — - Airbnb is canceling and blocking future reservations in the Washington, D.C., metro area during the week of President-elect Joe Biden's inauguration, the company said Wednesday.| Axios: |
YouTube says it has taken down newly posted videos from Trump for violating its policies against inciting violence and bans new uploads for a week — YouTube said Tuesday that it has taken down newly posted video content from President Trump for violating its policies against inciting violence.| Sara Fischer / Axios: |
Internal email: Google has informed its ad partners that it will block all political ads on all its platforms beginning January 14 — Google informed its advertising partners Wednesday that beginning Jan. 14, its platforms will block all political ads, as well as any related to the Capitol insurrection … | Jessica Bursztynsky / CNBC: |
Dropbox says it will cut about 11% of its global workforce, affecting about 315 employees, and COO Olivia Nottebohm will leave on February 5 — - Dropbox is cutting its global workforce by about 11%, the company said in an 8K filing released Wednesday. — The company's stock dropped more than 6% in the premarket.| Jacob Kastrenakes / The Verge: |
Ring says it is adding opt-in end-to-end encryption for eight cameras in technical preview for US users — Starting today in a ‘technical preview’ — Ring is starting to add support for end-to-end encryption to its cameras. The feature will keep video streams encrypted from the camera … | Jessica Bursztynsky / CNBC: |
Affirm began trading at $90.90 and closed at $97.24, up 98% after pricing shares at $49; the company raised $1.2B after pricing shares above its $41-$44 range — - Shares of Affirm, an online payments company, began trading on the Nasdaq. — Affirm priced its shares at $49 apiece, above its target range of $41 to $44 each.| Romain Dillet / TechCrunch: |
Apple announces new projects related to its $100M pledge for racial equity and justice, including a developer academy focused on Black entrepreneurs — Last June, Apple committed $100 million to a Racial Equity and Justice Initiative (REJI). Lisa Jackson, Apple's vice president of environment … | Stephen Nellis / Reuters: |
Qualcomm acquires chip startup Nuvia for $1.4B, with plans to put the company's tech into its smartphone, laptop, and automotive processors — (Reuters) - Qualcomm Inc on Wednesday said it will acquire Nuvia Inc, a chip startup founded by Apple Inc veterans, for $1.4 billion … | Gené Teare / Crunchbase News: |
Global VC report 2020: overall funding rose 4% YoY to ~$300B, despite a slow Q1, with ~$13.6B seed, $88.4B early-stage, and $198.4B late-stage and growth — Startups closed out 2020 in a much stronger position than the one they started the year in, with global venture funding up 4 percent year over year to $300 billion.| Ben Thompson / Stratechery: |
Actions taken by Big Tech after violence at the Capitol may have sowed the seeds for Internet 3.0, which will be defined by open protocols and decentralization — Francis Fukuyama's The End of History and the Last Man is, particularly relative to its prescience, one of the most misunderstood books of all time.| Benjamin Powers / CoinDesk: |
Ledger offers a 10 bitcoin bounty for details on the hacker who stole info on 272K crypto wallet device owners and says 20K more user records have been exposed — Ledger was also targeted by hackers in Shopify's data breach. — Matt Johnson, Ledger's new Chief Information Security Officer … | Gaurav Laghate / The Economic Times: |
Amazon launches a mobile-only Prime Video plan in India starting at Rs. 89, or ~$1.30, per month, in partnership with Bharti Airtel — MUMBAI: Amazon Prime Video is set to launch mobile-only subscription plans in India for its streaming service in a global first, offering Indian consumers … | Tony Connelly / RTÉ: |
EU's top court issues an opinion allowing GDPR complaints in any member state, which could lead to a flood of complaints against tech giants — The Advocate General of the European Court of Justice has issued an opinion that a privacy complaint against the US tech giant Facebook does … | Fortune: |
| Monica Chin / The Verge: |
Asus unveils 14- and 15-inch ZenBook Duo dual-screen laptops with a second display built into the keyboard; the 14-inch version ships this month from $1,000 — Preorders start tomorrow — Asus has announced two new dual-screen ZenBook Duo laptops as part of its slate of CES 2021 announcements.| Rest of World: |
Profile of Russian online retail giant Wildberries, owned by Russia's richest woman, which grew by catering to low-income shoppers via offline collection points — Wildberries, the country's answer to Amazon, is a genuine success. But its corporate backstory involves a lot of mythmaking.| Alex Wilhelm / TechCrunch: |
Webflow, which helps businesses build no-code websites, raises $140M Series B led by Accel and Silversmith at a $2.1B+ valuation — This morning Webflow, a software company that helps businesses build no-code websites, announced that it has raised a $140 million Series B. The round … | Nick Statt / The Verge: |
WhatsApp clarifies its new data sharing policy with Facebook, which mostly concerns businesses, after recent backlash and surge in Telegram and Signal downloads — The company is trying to contain fallout over a privacy policy update — WhatsApp has published a new FAQ page … | Karissa Bell / Engadget: |
TikTok makes accounts of users aged 13 to 15 private by default, limiting who can comment on the videos and how other users can download or remix their videos — TikTok is introducing a new set of “enhanced” privacy settings that restricts certain features for younger teens and changes … | Bloomberg: |
Online therapy service Talkspace agrees to merge with a SPAC in a deal worth $1.4B that provides Talkspace with $250M in funding — - Hudson managing partner is former JPMorgan CFO Doug Braunstein — Firm raising $300 million to support the transaction| Makena Kelly / The Verge: |
Some moderators say Nextdoor's policies don't adequately address QAnon and aren't well communicated to users; Nextdoor says it classifies QAnon as a hate group — Mods have been asking for a QAnon ban for months — For months, Nextdoor moderators have struggled with the challenge … | Ingrid Lunden / TechCrunch: |
Rapyd, which provides an API-based “fintech-as-a-service” platform, raises $300M Series D at a $2.5B post-money valuation — A wave of organizations — propelled by global Covid-19 pandemic circumstances — are moving their commercial and financial interactions online … | Tom Warren / The Verge: |
Google says it has issued a fix for Android's Exposure Notifications System for COVID-19; users worldwide reported apps had slowed down significantly — The Android issues have been affecting coronavirus tracking apps worldwide — Google says it's working to investigate issues with Android apps … | Anthony Capaccio / Bloomberg: |
Internal report: DoD halts deployment on classified networks of its $2B+ cybersecurity system for detecting intrusions and stopping attacks, citing poor results — - Deployment to classified systems halted, test office reveals — It couldn't stop a ‘realistic attack,’ testing chief reports| Mary Ann Azevedo / FinLedger: |
Blend, which provides tech to banks for facilitating loans, raises $300M Series G at a $3.3B valuation led by Coatue and Tiger Global Management — The round comes just five months after a $75 million Series F financing — Blend, which has developed a digital lending platform … | Kyle Wiggers / VentureBeat: |
Molecula, which is developing a cloud-based feature store for AI and machine learning workloads, raises $17.6M Series A led by Drive Capital — Molecula, which is developing a cloud-based feature store for AI and machine learning workloads, today announced it has raised $17.6 million.
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