| 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 … | 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 … | Sarah E. Needleman / Wall Street Journal: |
Sources: GameStop has hired more than 20 people to run a new division developing an NFT marketplace and establishing cryptocurrency partnerships — The retailer is launching a division dedicated to the buzzy new technologies amid a push to turn a profit — GameStop Corp. is launching … | 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 … | Mitchell Clark / The Verge: |
Meta rolls out Privacy Center to some people using Facebook on desktop in the US, putting the onus on the users to learn about security and privacy controls — The new Privacy Center includes guides and controls — Meta (the company formerly known as Facebook) has announced a new version … | 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: |
| 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 … | Bloomberg: |
Sources: Reddit could go public as soon as March at a valuation of as much as $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| 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 … | 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 … | 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.| 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 … | Ry Crist / CNET: |
Amazon debuts Sidewalk Bridge Pro by Ring for farms, factories, and other nonresidential settings, capable of sending and receiving device data up to five miles — A new, dedicated Sidewalk bridge will bring farms, factories and other nonresidential zones online with Amazon's long-range, low-power IoT network.| 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 … | 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 … | 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 … | Yogita Khatri / The Block: |
The Incentive Ecosystem Foundation, led by the community of the Solana-based exchange Project Serum, raises $75M in a token sale from Tiger Global and others — Quick Take — A community-led foundation of Project Serum has raised $75 million in a token sale.| 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.| Crystal Kim / Bloomberg: |
Dogecoin and Shiba Inu, which experienced meteoric rises as meme coins, are down 80% and 65% from their peaks in May and October respectively — - Dogecoin, Shiba, other meme inspired tokens are near lows — Advocates wonder if a Shib price of one cent is still feasible
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| Patrick McGee / Financial Times: |
| Igor Bonifacic / Engadget: |
| Brandy Betz / CoinDesk: |
| Jay Peters / The Verge: |
| MacKenzie Sigalos / CNBC: |
| Dean Takahashi / VentureBeat: |
| Sarah Perez / TechCrunch: |
| Henry Updegrave / Chainalysis: |