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December 16, 2021, 6:10 AM
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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 …
Mike Isaac / New York Times:
Reddit, home to 100K+ active communities visited by 50M+ people every day, has raised $1B+ over its lifetime and was most recently valued at $10B+ in August  —  Reddit announced on Wednesday that it had confidentially filed paperwork for an eventual public offering of its stock …
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 …
Reuters:
Eighteen Democratic lawmakers ask the Treasury and State Departments for Magnitsky rights abuse sanctions on four spyware firms, including NSO and DarkMatter  —  A group of U.S. lawmakers is asking the Treasury Department and State Department to sanction Israeli spyware firm NSO Group and three …
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:
Apple closes three retail stores in Miami, Annapolis, and Ottawa, Canada after a rise in employee COVID-19 cases and exposures  —  - Company is closing locations in Miami, Maryland and Ottawa  — Cases and exposure among Apple's employees spurred the move
Dan Primack / Axios:
Katie Haun is leaving Andreessen Horowitz to start a new firm focusing on crypto and Web3 startups; Haun's deals at a16z included OpenSea and Coinbase  —  Katie Haun, one of the world's most influential crypto venture capitalists, is leaving Andreessen Horowitz to form her own firm.
Chaim Gartenberg / The Verge:
IBM and Samsung say Vertical Transport Field Effect Transistors, an alternative to FinFET chip designs, can offer 2x performance, amid similar claims from Intel  —  The next big advance in chips is looking up  —  IBM and Samsung have announced their latest advance in semiconductor design …
Sarah Perez / TechCrunch:
Amazon says it will reduce its Alexa skills commission from 30% to 20% for developers who earn less than $1M per year, starting in Q2 2022  —  Amazon is joining other tech giants by lowering its cut of developer revenue generated by voice apps, known as Alexa skills, which run on Amazon's smart speakers and other Alexa-powered devices.
Wall Street Journal:
Microsoft and cybersecurity company Mandiant say state-backed hacking groups linked to China, Iran, North Korea, and Turkey are exploiting the Log4j flaw  —  Researchers call it one of the most dire cybersecurity threats to emerge in years and could enable devastating attacks
Tim Hardwick / MacRumors:
Apple quietly removes all mentions of CSAM scanning on its Child Safety webpage, but says its plans have not changed since September when it delayed the feature  —  Apple has quietly nixed all mentions of CSAM from its Child Safety webpage, suggesting its controversial plan …
Ingrid Lunden / TechCrunch:
Hamburg-based Taxdoo, which offers API-based tools for e-commerce tax and accounting, raises a $64M Series B led by Tiger Global, bringing total funding to $84M  —  With e-commerce becoming increasingly globalized, a company called Taxdoo, which builds API-based tools to help e-commerce companies …
Mike Butcher / TechCrunch:
German startup financing service Re:cap, which helps convert ARR into non-dilutive investment, raises a $111.5M seed  —  Re:cap, a non-dilutive funding platform in a similar vein to Pipe.com and Capchase but based in Europe, has closed a Seed financing round of $111.5 million …
More: Tech.eu.  Tweets: @rafat.  Thanks:@mikebutcher
Gillian Tan / Bloomberg:
Stocktwits, a social network used by traders and investors, raises $30M, source says at a $210M valuation, led by Alameda Research and says it has 1M MAUs  —  Stocktwits, a social-media platform used by day traders and other retail investors, raised $30 million in a funding round led by Alameda Research Ventures.
Henry Mance / Financial Times:
Interview with Nick Clegg, Meta's VP of global affairs, on moving from politics to Meta, the impact of Haugen's leaks, and 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.
Aditya Kalra / Reuters:
ShareChat, a social network offered in 15 Indian languages, raises a $266M Series G led by Alkeon Capital at a $3.7B valuation  —  Indian content-sharing platform ShareChat on Thursday said it had raised $266 million in fresh funding from U.S.-based Alkeon Capital and some existing investors, pushing its valuation to $3.7 billion.
Rest of World:
Internal report: employees at Wildlife Studios, a Brazilian mobile game maker valued at $3B, have repeatedly alleged gender wage imbalances and discrimination  —  The free-to-play gaming company valued at $3 billion has struggled with allegations of gender discrimination and unequal pay, according to a 2020 report.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:10 AM ET, December 16, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Matthew Keys / TheDesk.net:
A US federal appeals court sets aside an FCC notice that would have let political parties and joint fundraising committees qualify for lowest broadcast ad rates

Max Tani / @maxwelltani:
WSJ opinion editor Paul Gigot defends Stanley Druckenmiller's use of AI to write an op-ed, saying “nobody can doubt that his op-ed is his genuine opinion”

Benjamin Mullin / New York Times:
Forbes and Shook Research suspend their joint rankings and events as they review a $6M payment from founder RJ Shook to former top editor Randall Lane

More News

Nilay Patel / The Verge:
Q&A with CEO John Hanke on Niantic's Lightship platform for building AR apps, why VR is an easier tech problem to solve than AR, the metaverse, and more
Electronic Frontier Foundation:
Google's Manifest V3 rules for Chrome extensions won't stop malware, but will hurt innovation, reduce capabilities, and harm performance
Foo Yun Chee / Reuters:
The EU Parliament passes the Digital Markets Act, after Vestager's suggestion last month; EU countries and the Commission will consider the law next year
Catalin Cimpanu / The Record:
Meta updates its bug bounty program to pay researchers who find anti-scraping loopholes and reward those who find scraped Facebook data with charity donations

Earlier Picks

Kyle Alspach / VentureBeat:
Noname Security, which automatically discovers and remediates API vulnerabilities, raises a $135M Series C at a $1B valuation led by Georgian and Lightspeed
Sankalp Phartiyal / Reuters:
India approves a $10B plan to attract semiconductor and display manufacturers; source says Foxconn and others want to set up chip factories in the country
Gertrude Chavez-Dreyfuss / Reuters:
Anchorage Digital, which offers institutions digital asset services for secure crypto custody, trading, and more, raises $350M led by KKR at a $3B valuation
Emily Birnbaum / Politico:
The Internet Association will close at year's end; sources describe tension between large members like Meta, Google, and smaller companies, and financial woes
Amanda Silberling / TechCrunch:
Twitter rolls out automatic video captions, with support for over 30 languages, but not for previously uploaded videos
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