Techmeme
December 16, 2021, 12:20 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 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.
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:
Tanya Basu / MIT Technology Review:
Meta says a woman was groped on its Horizon Worlds platform on November 26; an internal review says she should have used its “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.
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:
Aisha Malik / TechCrunch:
Apple releases Swift Playgrounds 4, which lets users develop apps on their iPads and upload finished apps 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 SPAC on the NYSE, raising around $4B and valuing it at about $48B  —  - Education startup is discussing deal with Churchill Capital  — SPAC merger could value Byju's at more than $40 billion
Dan Primack / Axios:
Source: grocery delivery service Gopuff, which recently launched in London and NYC, raised $1.5B in convertible notes at a ~$40B valuation  —  Gopuff, an instant delivery platform for everyday items, has raised $1.5 billion in new funding at around a $40 billion valuation, Axios has learned.
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.
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.
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.
Christine Hall / TechCrunch:
Brazilian e-commerce startup Olist, which connects small sellers to large marketplaces, raises $186M Series E at a $1.5B valuation, after $80M Series D in April  —  Olist, a Brazilian e-commerce marketplace integrator, confirmed it is now valued at $1.5 billion after securing $186 million …
More: Reuters
Amanda Silberling / TechCrunch:
TikTok is testing TikTok Live Studio, a Windows app that lets users stream directly to TikTok Live from their computer  —  What if instead of watching your favorite TikTok star stream on Twitch, you could watch them play video games live on TikTok?  For the last few days, according to the platform …
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
Paul Sawers / VentureBeat:
Dialpad, an enterprise voice, video, and contact-center service, raises $170M led by Iconiq at a $2.2B valuation, up from $1.2B last year  —  Cloud communications platform Dialpad has raised $170 million in a round of funding led by Iconiq Capital, valuing the company at $2.2 billion — roughly double its valuation on last year.

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Census:
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Earlier Picks

Rest of World:
Dan Primack / Axios:
Wall Street Journal: