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January 7, 2022, 6:30 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, Silicon Republic, Crunchbase News, TechCrunch, and Bloomberg
Tweets: @a16z, @sriramk, @sriramk, @zebulgar, @sarthakgh, @andrewchen, @davidu, @davidgeorge83, @davidgeorge83, @cindygallop, @vijaypande, @dhaber, @ericnewcomer, @harrystebbings, @ktmboyle, @shaig, @geoffreywoo, @pt, @bhorowitz, and @aleximm
| 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.| 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 … | 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, The Economic Times, Android Headlines, Telecoms.com, iPhone in Canada Blog, PhoneArena, TechCircle, SamMobile, ZDNet, and CNET. Tweets: @business
| 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 — from the not-how-it's-supposed-to-work dept — Back in November we wrote about a very bizarre attempt to abuse copyright law …
| 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
| 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, Ars Technica, TechCrunch, TechRadar, Protocol, Wired, SlashGear, Bloomberg, iPhone in Canada Blog, Phandroid, CNET, Thurrott, XDA Developers, Android Headlines, ZDNet, Politico, Pocket-lint, Android Police, The Logic, PhoneArena, Gizmodo, TechCircle, AppleInsider, Digital Trends, SiliconANGLE, MarketWatch, Washington Post, Android Central, and 9to5Google
Tweets: @mishaalrahman, @mishaalrahman, @charlesarthur, @rachelbovard, @rdrv3, @daiwaka, @ow, @reckless, @mishaalrahman, @mishaalrahman, @ow, @rdrv3, and @mishaalrahman
| 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, TechCrunch, MacRumors, CNET, Adweek, Engadget, and iPhone in Canada Blog
| 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| 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 …
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CNBC, CNBC, Axios, Bloomberg, Barron's Online, Tom's Hardware, MarketWatch, Decrypt, HotHardware.com News, Cointelegraph, Quartz, WRAL TechWire, GameSpot, TechSpot, Engadget, NFTs 101, CoinJournal, afrotech.com, Game Rant, KnowTechie, Market Meditations, Input, Kotaku, Game Developer, Wccftech, Daily NFT News, GamesIndustry.biz, Blockchain News, The Verge, Silicon Republic, Reuters, CryptoPotato, Dot Esports, Bloomberg, Waivly, CNET, CoinDesk, Ars Technica, Forbes, Benzinga, and The Block
Tweets: @fintechfrank, @stevematthews12, @nigeleccles, @matt_kohrs, and @cgasparino
| 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
| 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 … | 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, KnowTechie, Search Engine Journal, PCMag, PhoneArena, iMore, Fossbytes, BGR India, and Engadget
| 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
| 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
| 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 …
More:
SiliconANGLE and Beyond Net Zero
| 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 … | 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
| 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, Gizmodo, Security Affairs, 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 …
More:
FinSMEs, YourStory.com, Business Standard, Tech in Asia, and The Economic Times
| 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.
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PR Newswire, Crypto Briefing, CoinDesk, and Reuters
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