December 16, 2021, 8:50 AM

Top News

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 …
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:
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.
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.
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.
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.
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 …
Willem Marx / Bloomberg:
Malta's status as Europe's online gambling capital is under threat after it was added to the global money laundering watchdog FATF's “gray list” in June  —  One spring night in 2007, Joseph Borg and several colleagues from Malta's tiny gaming commission stayed late at their office to listen to the news from London.
Mary Ann Azevedo / TechCrunch:
Weight care management app Found raises a $100M Series B led by WestCap at a $600M valuation  —  Just two and a half months after emerging from stealth, weight care management startup Found announced today that it has raised $100 million in a Series B funding round that values the company at $600 million.
Foo Yun Chee / Reuters:
Sources: the EU is set to approve Meta's acquisition of Kustomer after assurances rivals will still be able to work with Kustomer  —  Facebook is set to gain EU antitrust approval for its acquisition of Kustomer after offering remedies that allow rival products to function …
Megan Graham / Wall Street Journal:
Rokt, which helps e-commerce companies make personalized marketing offers, raises a $325M Series E at a $1.95B valuation led by Tiger Global ahead of an IPO  —  The e-commerce marketing technology company said the funding round, led by Tiger Global Management, values the company at $1.95 billion

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Earlier Picks

Foo Yun Chee / Reuters:
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Catalin Cimpanu / The Record:
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Wall Street Journal:
Amanda Silberling / TechCrunch: