Techmeme
November 18, 2021, 11:30 AM

Top News

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
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  —  Indian fintech giant Paytm, backed by SoftBank and Alibaba, lost more than 27% in its first day of trading Thursday.  The valuation of the firm, which raised $2.5 billion …
Stefanie Marotta / Bloomberg:
A Canadian teenager was arrested for allegedly stealing $36.5M in crypto from a US victim using SIM swapping, the largest reported single-person crypto theft  —  - Case marks the biggest crypto theft reported by one person  — Police identified the alleged thief through a gaming username
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.
Bryan Walsh / Axios:
OpenAI makes the API for GPT-3 generally available in supported countries  —  The artificial intelligence research company OpenAI will eliminate the waiting list for access to the API of its natural language processing program (NLP) GPT-3.  —  Why it matters: The move will accelerate access …
More: OpenAI and VentureBeatTweets: @gdb
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 …
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.
Frederic Lardinois / TechCrunch:
Cortex, which helps development teams manage microservices architecture, raises a $15M Series A led by Tiger Global and Sequoia Capital  —  Cortex, a startup that helps engineering teams get improved visibility into the Rube Goldberg machine that is their microservices architecture and improve …
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.
Ron Miller / TechCrunch:
Comet, which provides tools for data scientists and others to build ML models, raises a $50M Series B led by OpenView, bringing its total funding to almost $70M  —  As machine learning becomes a more integral part of running businesses, the model-building process still requires iteration and experimentation.
More: insideHPC
Amelia Lucas / CNBC:
Starbucks and Amazon partner to launch Starbucks Pickup with Amazon Go in Manhattan using Amazon's Just Walk Out tech  —  - Starbucks is opening a pick-up cafe in midtown Manhattan with Amazon that uses the retail giant's cashierless technology.  — It's the latest step in Starbucks' strategy …
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.
Ingrid Lunden / TechCrunch:
Formstack, which offers no-code enterprise tools to build automated workflows, raises $425M led by Silversmith Capital and PSG  —  Platforms that bring more automation to the working environment, and platforms that are empowering more people to get involved in building tools to help themselves work …
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 …

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Dan Mangan / CNBC:
Mitchell Clark / The Verge:
Sarah Perez / TechCrunch:
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