Techmeme
December 16, 2021, 2:00 PM

Top News

Reddit:
Reddit confidentially files its S-1 with the SEC for an IPO; the number of shares to be offered and the price range have yet to be determined  —  Reddit, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission …
Henry Mance / Financial Times:
Interview with Meta's VP of Global Affairs Nick Clegg on leaving politics, the impact of Haugen's leaks, and his leading role in the decision to ban Trump  —  Nick Clegg may be available in Berlin.  He has a slot in Paris.  He'll make time for lunch in Brussels.
Tanya Basu / MIT Technology Review:
Meta says a woman was groped in Horizon Worlds on November 26; an internal review found she should have used the VR platform's Safe Zone tool  —  Last week, Meta (the umbrella company formerly known as Facebook) opened up access to its virtual-reality social media platform, Horizon Worlds.
Mark Gurman / Bloomberg:
Memo: Apple delays its return to corporate offices to a “date yet to be determined”, after previously setting a February 1 return date  —  - Company had planned to bring corporate workers back by Feb. 1  — Delay comes in response to rising Covid-19 cases, new variant
Mark Gurman / Bloomberg:
Kris Holt / Engadget:
Sidewalk Labs plans to shut down and fold its products into Google, as its CEO says he is stepping down for health-related reasons  —  Alphabet's smart city project is winding down and Google will take over its products.  Sidewalk Labs CEO Dan Doctoroff announced the news in a letter …
Aisha Malik / TechCrunch:
Apple releases Swift Playgrounds 4, which lets users develop iPhone and iPad apps on their iPads, preview apps in real time, and upload them to the App Store  —  Apple announced that it has officially released Swift Playgrounds 4.  The tech giant first announced the upcoming launch of the new software at WWDC earlier this year.
Bloomberg:
Sources: Indian edtech company Byju's is in advanced talks to go public via a SPAC on the NYSE, raising around $4B and seeking a $48B valuation  —  - Education startup is discussing deal with Churchill Capital  — SPAC merger could value Byju's at more than $40 billion
Orla McCaffrey / Wall Street Journal:
Tax preparation company H&R Block sues Block, formerly Square, for trademark infringement, claiming Block's name and logo are “nearly identical” to its own  —  Square changed name to Block earlier this month, a nod to CEO Jack Dorsey's blockchain ambitions
Chainalysis:
Analysis: cryptocurrency scams cost victims $7.7B in 2021, up 81% from 2020, driven by DeFi-based “rug pulls” wherein developers unexpectedly abandon projects  —  This blog is a preview of our 2022 Crypto Crime Report.  Sign up here to reserve your copy and we'll email you the full report when it comes out in February!
Todd Spangler / Variety:
Spotify rolls out a five-star ratings system for podcasts that will only let users rate a show after listening  —  Spotify is borrowing a page from rival Apple with the addition of a five-star user ratings system for podcasts — a new tool for sorting through the more than 3.2 million podcast titles …
Project Zero:
A deep dive into an NSO zero-click iMessage exploit, captured in the wild by Citizen Lab and one of the most sophisticated Google's Project Zero has seen  —  We want to thank Citizen Lab for sharing a sample of the FORCEDENTRY exploit with us, and Apple's Security Engineering and Architecture …
Kyle Wiggers / VentureBeat:
Elementary, which uses AI to automate product inspections in factories, raises a $30M Series B led by Tiger Global, bringing its total funding to $47.5M+  —  While it might not be the first example that comes to mind when thinking of AI applications, AI systems are increasingly being used in the manufacturing sector.
More: TechCrunch
Washington Post:
An in-depth look at the events surrounding the deadly tornado that hit an Amazon warehouse in Illinois, leaving six dead, as workers sheltered in restrooms  —  A woman told 911 that one of the people sheltering with her had been ‘bent in half’ by rubble.  A driver detailed his frantic flight to safety.

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