Techmeme
January 25, 2021, 8:15 AM

Top News

Clubhouse:
Clubhouse raises a new round of funding led by a16z, says it has 180+ investors, will test options for paying creators and soon begin work on an Android app  —  Clubhouse is moving quickly today, but in some ways it feels like the journey started a long time ago.
Joe Rossignol / MacRumors:
Apple warns magnets in iPhone 12 models and MagSafe devices may affect pacemakers and should be kept at least 6" away from medical devices or 12" while charging  —  Since the launch of iPhone 12 models in October, Apple has acknowledged that the devices may cause electromagnetic interference …
Reuters:
Sources: Huawei is in early stage talks to sell its premium smartphone brands P and Mate to a Chinese consortium led by state-backed investment firms  —  (Reuters) - China's Huawei Technologies Co Ltd is in early-stage talks to sell its premium smartphone brands P and Mate …
Timothy B. Lee / Ars Technica:
In an interview, Waymo CEO dismissed Tesla as a competitor and argued that Tesla's current strategy, without lidar, wouldn't produce a fully self-driving system  —  Elon Musk and John Krafcik have very different theories about driverless tech.  —  Many Tesla fans view the electric carmaker …
Microsoft On the Issues:
Microsoft confirms it halted all donations of its PAC while it decides by Feb. 15 whether to suspend donations to those who voted against election certification  —  Microsoft confirmed publicly today, as it announced internally on Jan. 8, that it has halted all donations of its PAC …
Bloomberg:
Source: Kuaishou Technology, ByteDance's main rival in China, is seeking to raise as much as $5.4B through an IPO in Hong Kong and is slated to list on Feb. 5  —  - Kuaishou attracted cornerstone investors including GIC  — The video startup could be valued at as much as $61 billion
Wall Street Journal:
Research shows that hundreds of SPACs are looking to acquire tech companies in the coming months, heating up competition for startups and inflating deal values  —  ‘Blank check’ firms known as SPACs are in pursuit of America's hottest startups.  Is the invasion a sign of a market euphoria that can't last?
Steve O'Hear / TechCrunch:
Wolt, a Helsinki-based online ordering and delivery company, raises $530M led by Iconiq Growth  —  Wolt, the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised $530 million in new funding.
Sara Fischer / Axios:
Content recommendation company Taboola says it has agreed to go public via a SPAC, valuing the company at $2.6B and raising $545M  —  Taboola, the content recommendation company known best for the chum box ads at the bottom of publishers' websites, has agreed to merge with special purpose …

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Big Technology Podcast:
How Shein and Temu Snuck Up On Amazon -- With Louise Matsakis
The Big Technology Podcast, hosted by journalist Alex Kantrowitz, takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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