Techmeme
November 18, 2021, 11:15 AM

Top News

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.
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
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.
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
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.
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.
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.
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 …

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Nilay Patel / The Verge:

Earlier Picks

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