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January 7, 2022, 7:50 PM
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| Ben Horowitz / Andreessen Horowitz: |
Andreessen Horowitz raises $9B across three funds: a $1.5B Bio Fund, a $5B Growth Fund, and a $2.5B Venture Fund — I am excited to announce that Andreessen Horowitz just raised a fresh $9B to invest via our Venture, Growth, and Bio Funds. We are grateful to our Limited Partners …
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San Francisco Business Journal, SiliconANGLE, FinLedger, Protocol, Crunchbase News, TechCrunch, Bloomberg, and Silicon Republic
Tweets: @a16z, @sarthakgh, @andrewchen, @davidu, @davidgeorge83, @sriramk, @davidgeorge83, @cindygallop, @vijaypande, @dhaber, @ericnewcomer, @zebulgar, @harrystebbings, @ktmboyle, @shaig, @geoffreywoo, @pt, @bhorowitz, @sriramk, and @aleximm
| Bloomberg: |
PayPal confirms it is exploring launching its own stablecoin, after code in its iOS app showed it is working on a “PayPal Coin” backed by USD — PayPal Holdings Inc. is exploring the launch of its own stablecoin as part of its cryptocurrency push, according to the company … | Patrick McGee / Financial Times: |
How Tim Cook's supply chain expertise and diplomacy helped grow Apple's annual revenue from $108B in 2011 to $365B in 2021, and profits up 3.7x to $95B — Two years after the death of Steve Jobs, Oracle CEO Larry Ellison claimed it was inevitable Apple would struggle under Tim Cook.| Mike Masnick / Techdirt: |
A California court orders Twitter to reveal the identity of a user who tweeted photos mocking a billionaire, after the user didn't respond to a copyright claim — Back in November we wrote about a very bizarre attempt to abuse copyright law to uncover who was behind a Twitter account, @CallMeMoneyBags.
| Jiyoung Sohn / Wall Street Journal: |
Samsung expects Q4 operating profit of $11.4B, up 52% YoY, on revenue of $63B, up ~24%, thanks to demand for memory chips and its contract chip-making business — South Korean company benefits from continued strength of the semiconductor business — SEOUL— Samsung Electronics Co …
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Samsung Newsroom, BBC, Financial Times, Bloomberg, Nikkei Asia, Android Headlines, Reuters, Telecoms.com, iPhone in Canada Blog, PhoneArena, TechCircle, SamMobile, ZDNet, and CNET. Tweets: @business
| Mitchell Clark / The Verge: |
Meta rolls out a new version of Facebook's Privacy Center to some US desktop users, putting the onus on users to learn about its security and privacy controls — The new Privacy Center includes guides and controls — Meta (the company formerly known as Facebook) has announced a new version …
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Meta, MacRumors, TechCrunch, CNET, Adweek, Engadget, and iPhone in Canada Blog. Tweets: @hypervisible
| Iris Deng / South China Morning Post: |
Shenzhen police send Walmart a warning for not quickly fixing 19 cybersecurity loopholes, days after China slammed Walmart for removing Xinjiang-made products — Public security authorities in Shenzhen found 19 cybersecurity loopholes in November in the online network of Walmart's China …
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Wall Street Journal, Reuters, Tech in Asia, and TechRadar
Tweets: @thedragonfeeder and @danharris
| Casey Newton / Platformer: |
Signal employees worry anonymous transactions could appeal to criminals, which would attract regulatory scrutiny and aid lawmakers who want to end encryption — A push into untraceable payments could put end-to-end encryption at risk — Today, let's talk about a little-discussed story …
Tweets: @agranato42, @tante, @caseynewton, @moltke, and @a_greenberg
| Abner Li / 9to5Google: |
Following the US ITC's ruling in favor of Sonos, Google changes Assistant device setup and Speaker Groups, which now require adjusting speakers individually — Following the US ITC ruling in favor of Sonos, Google this afternoon announced a series of changes to how Speaker Groups and its Assistant devices work.| Daisuke Wakabayashi / New York Times: |
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ITC. More:
PCMag, TechSpot, Ars Technica, TechCrunch, TechRadar, Protocol, SlashGear, Bloomberg, Wired, Phandroid, CNET, Thurrott, XDA Developers, iPhone in Canada Blog, Politico, Android Headlines, ZDNet, Pocket-lint, Android Police, PhoneArena, Gizmodo, TechCircle, The Logic, AppleInsider, Digital Trends, SiliconANGLE, MarketWatch, Washington Post, Android Central, and 9to5Google
Tweets: @mishaalrahman, @charlesarthur, @rachelbovard, @mishaalrahman, @rdrv3, @daiwaka, @ow, @reckless, @mishaalrahman, @mishaalrahman, @ow, @rdrv3, and @mishaalrahman
| Bloomberg: |
Sources: Reddit could go public as soon as March 2022 at a valuation of up to $15B; the company was last valued at $10B in August 2021 — - Social media company could go public as soon as March — Reddit could be valued at as much as $15 billion in listing| Aman Sethi / BuzzFeed News: |
A look at Meta's covert push to build a data center in the Netherlands, including codenaming the project, in an attempt to minimize public scrutiny and backlash — By the time the villagers knew Facebook was coming to town, it was already too late. Three weeks later their local councilors … | Filipe Espósito / 9to5Mac: |
Twitter says it is testing “Quote Tweet with reaction”, an option to let iOS users retweet and attach a video reaction — Twitter on Thursday launched a new feature in its iOS app for a small group of users. With this option, it's now possible to retweet someone's post and add your own video reaction using your camera.
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iThinkDifferent, The Hill, The Verge, iPhone in Canada Blog, Search Engine Journal, PCMag, PhoneArena, iMore, Fossbytes, BGR India, and Engadget
| Gabriel Araujo / Reuters: |
Uber to shut down Uber Eats in Brazil on March 7; report: the move is part of a global repositioning strategy wherein the company closes unprofitable operations — Uber (UBER.N) said on Thursday it will end its Uber Eats restaurant delivery service in Brazil from March 7 and focus instead … | Paul Sawers / VentureBeat: |
RoadRunner, which uses AI to help enterprises manage and recycle waste across multiple locations, raises a $70M Series D from General Atlantic's BeyondNetZero — RoadRunner Recycling, a data-driven waste management platform that helps businesses divert their junk away from landfill sites …
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SiliconANGLE and Beyond Net Zero
| Kenrick Cai / Forbes: |
Labelbox, which offers data annotation and labeling software, raises a $110M Series D led by SoftBank Vision Fund 2; CEO says Labelbox is “basically a unicorn” — With funding for data startups in a frenzy, data annotation company Labelbox found itself fielding offers …
Tweets: @kenrickcai, @glenrdixon, @glenrdixon, @glenrdixon, and @firstround
| Anita Ramaswamy / TechCrunch: |
Draftea, a fantasy sports app focused on Latin America, raises $13.2M led by Kaszek with participation from Sequoia, Bullpen, and FanDuel founder Nigel Eccles — Founder Alán Jaime Misrahi grew up devoted to soccer, eventually playing in Mexico's third division.
Tweets: @anitaramaswamy
| Eleanor Olcott / Financial Times: |
Roblox says it will rebuild its platform in China after taking down LuoBuLeSi in December, just five months after launching the app in partnership with Tencent — Gaming company plans relaunch after facing stiff competition and regulatory barriers — Roblox, the $50bn online gaming company …
Tweets: @niubi and @kylebrussell
| Katie Deighton / Wall Street Journal: |
Deliveroo plans to open a restaurant in London, its first, to better understand restaurateurs; the company currently operates ~300 “dark” kitchens globally — U.K.-based food-delivery company hopes running a single-location pizza parlor in London will help it better understand the restaurateurs using its platform| Axios: |
Filing: Parler, the social media app that was temporarily booted from app stores in the aftermath of the January 6 Capitol riot, raises $20M — Parler, the social media app that was temporarily booted from app stores in the aftermath of the Jan. 6 Capitol riot, has raised $20 million in new funding … | Ionut Ilascu / BleepingComputer: |
Online appointment scheduling service FlexBooker discloses a breach that saw info stolen from 3.7M+ accounts, including partial credit card info, on December 23 — Accounts of more than three million users of the U.S.-based FlexBooker appointment scheduling service have been stolen in an attack …
More:
ZDNet, Security Affairs, Gizmodo, Threatpost, VPNoverview.com, Engadget, and Have I Been Pwned …. Tweets: @haveibeenpwned
| Manish Singh / TechCrunch: |
Avataar, which makes 3D renditions of products for e-commerce sites and direct-to-consumer brands, raises a $45M Series B led by Tiger Global — The vast majority of e-commerce customers prefer to preview the product before making the purchase. That's the reason why the likes of Amazon …
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FinSMEs, YourStory.com, Business Standard, Tech in Asia, and The Economic Times
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