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November 18, 2021, 7:15 AM
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| Daniel Howley / Yahoo Finance: |
Nvidia beats with record Q3 revenue of $7.1B vs. $6.82B estimated, up 50% YoY, Gaming revenue of $3.22B, up 42%, and Data Center revenue of $2.94B, up 55% — Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday beating analysts' predictions on the top and bottom line as revenue jumped 50% year-over-year.
More:
Nvidia, ZDNet, VentureBeat, Cointelegraph, MarketWatch, Wccftech, CNBC, Investor's Business Daily, Wall Street Journal, CNBC, and Reuters
Tweets: @jtourzan and @stedavies
| Manish Singh / TechCrunch: |
Paytm falls ~20% in its trading debut in India, giving it a market valuation of $14.9B, after raising $2.5B in its IPO — A decade ago, Vijay Shekhar Sharma flew to Hong Kong to attend an All Things D conference. At the event, he watched Silicon Valley executives Jack Dorsey and Brian Chesky talk about the firms they were building.
More:
Wall Street Journal, The Economic Times, Financial Times, BBC, BloombergQuint, Moneycontrol, and Bloomberg
Tweets: @chandrarsrikant, @mugdhacnbctv18, @cnbctv18news, @deepakshenoy, @chandrarsrikant, and @s4sukhdeep
| Omar Abdel-Baqui / Wall Street Journal: |
A look at some of the practical issues faced by ConstitutionDAO if they win the auction, such as how to pay, ownership, who picks it up, and where to display it — A group of friends in the cryptocurrency world are repurposing digital tools to make a run at a rare analog document up for auction Thursday
More:
New York Times, NBC News, Decrypt, BBC, Crypto News Flash, CoinDesk, and The Verge
| Sarah Perez / TechCrunch: |
Instagram says it is shutting down its standalone mobile messaging app Threads by December 31 — Instagram's standalone messaging app Threads is shutting down. The app will no longer be supported by the end of December 2021, the company confirmed to TechCrunch after reports began circulating …
More:
PhoneArena, 9to5Mac, Pocketnow, Gizchina, CNET, Digital Trends, XDA Developers, Engadget, iThinkDifferent, Social Media Today, The Verge, AppleInsider, and iMore
Tweets: @martinsfp, @alexhern, @thekenyeung, @timonus, and @hamburger
| Mark Gurman / Bloomberg: |
Cher Scarlett, a leader of #AppleToo, is leaving Apple and will withdraw her NLRB complaint after reaching a settlement — Cher Scarlett, an Apple Inc. employee who created a protest movement within the company over pay transparency and other workplace issues, is leaving the iPhone maker after reaching a settlement.
More:
iThinkDifferent, Engadget, The Verge, iMore, CNET, and AppleInsider
| Aisha Malik / TechCrunch: |
Grammarly, which helps users improve their writing with its AI assistant, raises $200M at a $13B valuation — Grammarly, the popular auto-editing tool for writing, has raised $200 million in funding at a $13 billion valuation from new investors including Baillie Gifford and funds and accounts managed by BlackRock, among others.
More:
Silicon Republic, Silicon Canals, Grammarly Blog, VentureBeat, and CNBC
Tweets: @ms_zamandlovu and @pt
| Shannon Liao / Washington Post: |
A group of shareholders owning less than 1% of Activision Blizzard calls for CEO Bobby Kotick and two of its longest serving board members to resign — A day after Activision Blizzard employees staged a walkout and called for the resignation of CEO Bobby Kotick and several other executives … | Shannon Liao / Washington Post: |
More:
Bloomberg, GamesIndustry.biz, Kotaku, PC Games Insider, Wall Street Journal, and The Register
| Sarah Perez / TechCrunch: |
Spotify expands Podcast Subscriptions globally with 20 price points from $0.50 to $150 and will let creators download subscribers' contact info — Just a few months after launching support for podcast subscriptions to U.S. creators, Spotify today is making the service available to creators in global markets.
More:
9to5Mac, PhoneArena, Pocketnow, Mumbrella, iThinkDifferent, Engadget, XDA Developers, and iMore
Tweets: @mayhem4markets, @backseatvc, @trengriffin, and @mattnavarra
| Ian Sherr / CNET: |
Apple announces Self Service Repair, a program starting next year that will publish repair manuals, let customers buy parts and tools, and more — The tech giant says it will publish repair manuals and allow everyday customers to buy the same parts and tools certified technicians and repair shops use.
More:
iFixit News, The Verge, New York Times, TechCrunch, The Verge, Financial Times, Laptop Mag, Silicon Republic, Daring Fireball, TechCircle, 9to5Mac, Apple Newsroom, One Degree, MacRumors, Wall Street Journal, Rene Ritchie/YouTube, Newser, BGR India, iPhone in Canada Blog, The Information, news.com.au, Gizchina, Marques Brownlee/YouTube, AppleInsider, Digital Photography Review, Michael Tsai, Computerworld, PYMNTS.com, Techdirt, CNBC, Associated Press, BetaNews, CNN, Reuters, Vox, Fast Company, VICE, and BBC
Tweets: @kwiens, @fredericjacobs, @kwiens, @ifixit, @tomwarren, @repaircoalition, @nproctor, @mkbhd, @backlon, @joannastern, @nproctor, @fightfortheftr, @nproctor, @rdrv3, @stellafudge, @kcimc, @nproctor, @donie, @viticci, @samifathi_, @stellafudge, @jonyiveparody, @stewartbrand, @mattophobia, @nproctor, @lukemiani, @anildash, @snazzyq, @alexlindsay, @stellafudge, @themadstone, @timsweeneyepic, @lukemiani, @russellbrandom, @stroughtonsmith, @kwiens, @can, @shiraovide, @rdrv3, @stellafudge, @normative, @thisisnoahevans, @tim_stevens, @snazzyq, @aperzanowski, @ihnatko, @weeabob, @siracusa, @harrymccracken, @jordannovet, @matthewstoller, @jason_koebler, @jason_koebler, @iancutress, @mkbhd, @asymco, @higgyc, @dlberes, @dcseifert, @nproctor, @dlberes, @snubs, @benedictevans, @joannastern, @every_daydad, @psythor, @maxwinebach, @counternotions, @masonpelt, @martinsfp, @alexhern, and @jamesliamcook. Thanks:@iansherr
| Kate Park / TechCrunch: |
Australia-based Practice Ignition, which offers client engagement and commerce services for businesses, raises a $50M Series C led by JMI Equity — Practice ignition, an Australia-based client engagement and commerce platform for professional service businesses, has raised $50 million …
More:
FinSMEs and Australian Financial Review
| Mitchell Clark / The Verge: |
Apple releases iOS 15.1.1 to solve an issue with dropped calls on iPhone 12 and 13 models — iOS 15.1.1 promises improvements to the smartphones' phone — A new iOS update is starting to hit phones — no, not the seemingly feature-packed iOS 15.2, but iOS 15.1.1, which Apple says will solve an issue with calls dropping.
More:
9to5Mac, TechRadar, Wccftech, BGR India, Pocketnow, XDA Developers, TidBITS, Digital Trends, ZDNet, MacRumors, iDownloadBlog.com, and iPhone Hacks
| Sarah Perez / TechCrunch: |
Spotify expands real-time lyrics to all users globally in partnership with Musixmatch, after initially launching in 26 markets — After years of ignoring consumer demand for in-app lyrics, particularly in the U.S., Spotify announced today it will make a new Lyrics feature available to all global users … | Coco Liu / Bloomberg: |
Alibaba misses with Q2 sales of $31.4B, up 29% YoY but below $32.1B estimates, as net income reached $846M — - Outlook fell short as quarterly sales numbers missed estimates — China's e-commerce leader struggling with slowing consumption — Alibaba Group Holding Ltd. outlook …
More:
CNBC
| Dan Mangan / CNBC: |
The US DOJ will sell $56M worth of cryptocurrency it seized as part of the BitConnect fraud case; victims can apply to be reimbursed — - The U.S. Justice Department will sell off $56 million worth of cryptocurrency it seized as part of a massive Ponzi scheme case against a man who promoted the crypto lending program BitConnect.
Source:
U.S. Department of Justice. More:
PCMag, Finbold, SiliconANGLE, U.Today, Finance Magnates, Insider, infosecurity-magazine.com, PYMNTS.com, and Cointelegraph
| Katie Roof / Bloomberg: |
Marketing management software startup Braze jumps 44% in its Nasdaq debut, after raising $520M in its IPO, at an $8.4B valuation — - CEO credits first-day gain of 44% to roadshow going well — Braze reaches diluted value of more than $9.6 billion — Customer engagement software … | Emma Betuel / TechCrunch: |
H1, a social network for health care professionals, raises a $100M Series C led by Altimeter Capital, 11 months after raising a $58M Series B — Fresh off of a $58 million Series B round, and just one year after graduating from Y combinator, H1, a “LinkedIn for the healthcare industry” has raised even more cash.
Source:
GlobeNewswire News Room. More:
AlleyWatch, FierceHealthcare, H1, Forbes, hitconsultant.net, and pitchbook.com
| Bloomberg: |
Q&A with AWS CEO Adam Selipsky on plans for sector-specific products, such as for healthcare or telecoms, a shift from Jassy's one-size-fits-all approach — In an interview with Bloomberg TV, Adam Selipsky says a new push to build targeted cloud services for the healthcare … | Ingrid Lunden / TechCrunch: |
Airwallex, a payments platform for international purchases, raises $100M led by Lone Pine Capital at a $5.5B valuation, adding to its September $200M Series E — E-commerce and other online businesses are becoming increasingly global in their operations and customer bases …
More:
FinSMEs, PingWest, Finextra, Crowdfund Insider, Australian Financial Review, Tech in Asia, and altfi.com. Tweets: @ingridlunden
| Nilay Patel / The Verge: |
Q&A: Brian Chesky on how he restructured Airbnb during the pandemic, running a public company, crypto, the metaverse, working with Jony Ive's LoveFrom, and more — Airbnb CEO Brian Chesky prides himself on thinking very differently than other CEOs, and his answers to the Decoder questions … | Jeff Rumage / Built In Austin: |
Ontic, whose software helps companies identify, assess, and manage physical security threats, raises a $40M Series B led by JMI Equity — Ontic announced Tuesday that it has raised $40 million to scale its protective intelligence software that helps companies identify, assess and manage physical security threats.
More:
Ontic, Austin American-Statesman, Security Info Watch, and FinSMEs
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