May 17, 2021, 8:55 PM

May 17, 2021

8:20 PM  •
Amrith Ramkumar / Wall Street Journal:  Bright Machines, which uses robotics and AI to automate manufacturing tasks, is merging with a SPAC to go public at a $1.6B post-deal valuation
8:05 PM  •
Romain Dillet / TechCrunch:  French startup Ankorstore, an online B2B marketplace connecting independent shop owners with brands, raises $102M Series B led by Tiger Global and Bain Capital
7:45 PM  •
Russ Mitchell / Los Angeles Times:  The California DMV says Tesla is “under review” to determine if the company is misleading its customers by advertising its “full self-driving capability” option
7:35 PM  •
Rebecca Bellan / TechCrunch:  Transport for London and London Councils select Dott, Lime, and Tier Mobility for its pilot run of e-scooter rentals, starting June 7 and lasting up to a year
7:05 PM  •
Sean Hollister / The Verge:  Phil Schiller testifies that the App Store drove $400B in physical sales in 2019, which Apple did not take a cut of, and Apple spends ~$50M per year on WWDC
7:00 PM  •
The Coinbase Blog:  Coinbase launches a Chrome extension for Coinbase Wallet, making it easier to access dapps like Uniswap and Compound on desktop
6:40 PM  •
Dave Lee / Financial Times:  Job listings indicate that DoorDash is preparing to launch in Germany, in what would be company's first foray into Europe
6:35 PM  •
Kim Lyons / The Verge:  Facebook's VP of AR and VR Hugo Barra says he is leaving the company after a four year tenure and that he plans to “explore the healthcare technology space”
6:18 PM  •
The Information:  Source: Amazon is in talks to acquire MGM, in what would be its biggest move to expand into entertainment
5:50 PM  •
Mary Ann Azevedo / TechCrunch:  Amount, which helps banks modernize and compete with fintechs, raises $99M Series D at a $1B+ valuation
5:26 PM  •
Kurt Schlosser / GeekWire:  Twilio announces it is acquiring business texting startup Zipwhip, which is based in Seattle and employs ~275 people, for $850M in a cash and stock deal
4:50 PM  •
Makena Kelly / The Verge:  FTC says that US consumers have lost $2M+ in cryptocurrency to scammers impersonating Elon Musk over the past six months
4:16 PM  •
New York Times:  Sources detail how Apple relented to escalating demands from China, making changes to governance of its Chinese users' data and agreeing to censor its platforms
3:40 PM  •
Filipe Espósito / 9to5Mac:  Apple is working on wireless earbuds called Beats Studio Buds that will support noise cancellation, according to files in beta versions of iOS 14.6
3:05 PM  •
Matt Levine / Bloomberg:  Elon Musk is either trading on his unique ability to move the price of Bitcoin and Dogecoin, or just trolling, and both scenarios are bizarre and incredible
2:25 PM  •
Popular Information:  Docs: Google's state policy manager attended a policy working group led by the Republican State Leadership Committee that worked on voter suppression proposals
2:20 PM  •
Juli Clover / MacRumors:  Apple says the Bluetooth AAC codec used by AirPods Pro and AirPods Max does not support Apple Music's lossless streaming, nor does Lightning on AirPods Max
1:42 PM  •
Chance Miller / 9to5Mac:  After Eufy device owners noticed they could access others' cameras and live feeds, Eufy says it was a bug and all users should log out and reset their cameras
1:25 PM  •
Matthew Leising / Bloomberg:  Bank of America is testing Paxos Trust's network to settle stock trades quickly using blockchain, plans to roll out to clients if approved as a clearing agency
12:35 PM  •
Mary Ann Azevedo / TechCrunch:  Jerry, a “super app” for car owners that has ~1M US users and is known best for its insurance comparison service, raises $28M Series B led by Goodwater Capital
11:45 AM  •
Gené Teare / Crunchbase News:  Analysis: 166 new unicorns have already been created in 2021, up from 163 in all of 2020; Tiger Global has invested in twice as many unicorns as Sequoia Capital
10:50 AM  •
Wall Street Journal:  As Epic and Apple face off in the antitrust trial, a snapshot of the app economy behind the fight
10:40 AM  •
Kevin Randall / Washington Post:  As Parler returns to the App Store, its chief policy officer says posts labeled as “hate” by its AI, hidden on iOS, will be viewable on other devices and web
10:35 AM  •
Joe Miller / Financial Times:  German smart home company Tado, which says it has installed 1M thermostats to date, raises $46M, intended as the last funding round before a sale or IPO
10:20 AM  •
Chris Velazco / Engadget:  What to expect from Google I/O: a big focus on Android 12, Assistant and smart home improvements, changes to Wear OS, and possible Pixel Buds A-series
10:10 AM  •
Sarah Krouse / The Information:  Sources: Google's plans to match Apple's ATT changes have been delayed by internal concerns that such moves will diminish mobile ad revenues
10:05 AM  •
Sebastian Herrera / Wall Street Journal:  Amazon announces WorkingWell, a new program to educate employees on avoiding injuries and improving mental health, expanding to 1,000 facilities by end of 2021
10:00 AM  •
Bloomberg:  JD Logistics, the delivery arm of, plans to raise up to $3.4B in its Hong Kong IPO, beginning trading on May 28
9:55 AM  •
Tim Higgins / Wall Street Journal:  Tim Cook is expected to testify for about 100 minutes in Epic v. Apple late this week or early next; Phil Schiller and Craig Federighi will testify before Cook
9:45 AM  •
Micah Singleton / Billboard:  Amazon Music HD is now available to Amazon Music Unlimited subscribers for free, effectively cutting the Hi-Fi service's price from $14.99 to $9.99 per month
9:40 AM  •
Paul Sawers / VentureBeat:  GitHub now lets users add videos to pull requests, discussions, issues, comments, and more
9:30 AM  •
Jay Peters / The Verge:  Twitch says it is switching to localized subscription prices in some non-US markets, which will often be lower, starting with Turkey and Mexico on May 20
9:15 AM  •
Apple:  Apple says it will bring lossless audio to all Apple Music subscribers for free and will support Spatial Audio with Dolby Atmos, available in June
9:10 AM  •
Tom Warren / The Verge:  Microsoft launches a personal version of Teams, after previewing it nearly a year ago, available for free
9:00 AM  •
Todd Spangler / Variety:  DVD rental and streaming company Redbox is going public via SPAC in a deal that values the combined company at $693M; Redbox had earnings of $114M in 2020
7:35 AM  •
Brian Stelter / CNN:  AT&T to spin off WarnerMedia and combine it with Discovery in a $43B deal; the new company will be run by Discovery CEO David Zaslav
7:15 AM  •
Shannon Liao / Washington Post:  Q&A with Bloomberg's Jason Schreier on his new book Press Reset, which expounds on closures of video game studios like Irrational Games, the makers of BioShock
4:30 AM  •
The Economic Times:  Indian B2B e-commerce marketplace Moglix raises $120M Series E at a $1B valuation, bringing its total raised to $220M
3:05 AM  •
Manish Singh / TechCrunch:  Ride-hailing giant Gojek and e-commerce marketplace Tokopedia say they have merged to form GoTo Group, the largest tech group in Indonesia
3:00 AM  •
Jonathan Greig / ZDNet:  Survey: over 60% of 1,400 CISOs in 14 countries expect a damaging cyberattack in the next 12 months, due to massive shift to remote work since the pandemic
12:40 AM  •
Manish Singh / TechCrunch:  Pine Labs, which makes POS software for payments terminals as well as invoicing tools, raises $285M at a $3B valuation, up from $2B in a round last December

May 16, 2021

10:40 PM  •
Katie Notopoulos / BuzzFeed News:  Pandemic-induced rise in app ordering has given birth to the “appuccino”, a phenomenon driven by TikTok, where customized Starbucks drink suggestions go viral
10:05 PM  •
Politico:  US lawmakers say they are crafting bipartisan legislation to mandate cyberattack reporting by key infrastructure operators, following the Colonial pipeline hack
9:10 PM  •
Parmy Olson / Wall Street Journal:  Profile of Foxglove, a tech-activism group famous for pushing UK into reassessing its use of algorithms, that's challenging Facebook and Uber on worker rights
8:20 PM  •
Biz Carson / Protocol:  Q&A with Rick Klau, an ex-Google product manager and California's new CTIO responsible for building apps and services for various departments across the state
7:45 PM  •
Wall Street Journal:  Sources: Microsoft's board decided in 2020 Gates should leave the board as it probed claims Gates sought to initiate an affair with a Microsoft engineer in 2000
6:30 PM  •
Ax Sharma / BleepingComputer:  Insurer AXA is suffering ransomware and DDoS attacks on its Asia-based branches, a week after saying it would no longer reimburse ransoms paid by French clients
4:12 PM  •
New York Times:  Sources: long after his marriage, Bill Gates would pursue women at Microsoft, at times creating an uncomfortable workplace environment
2:05 PM  •
Manish Singh / TechCrunch:  Clubhouse, which launched its Android app in beta in the US last week, to expand the app to Japan, Brazil, and Russia on Tuesday, and globally by Friday
11:40 AM  •
Joshua Swingle / PhoneArena:  Jon Prosser leaks what he claims are Pixel 6 and Pixel 6 Pro renders, as well as a promo video and images of Android 12, ahead of Google I/O
10:15 AM  •
Matthew Gault / VICE:  Study: being corrected by another user for posting false political news increases subsequent sharing of low quality, partisan, and toxic content
8:10 AM  •
Matt Burgess / Wired UK:  A look at WhatsApp's approach to detecting child porn, as police worry that wider use of end-to-end encryption online will make it harder to catch predators
6:05 AM  •
Clive Thompson / New York Times:  A brief history of NFTs and cryptoart, including interviews with artists who kickstarted the NFT boom, as celebrities and major brands fuel the frenzy
4:00 AM  •
Ryan Browne / CNBC:  A look at apps promising 10-minute grocery delivery in Europe, where VC-backed grocery delivery firms have raised $1.56B in 2021 so far, according to PitchBook
1:55 AM  •
Zeke Faux / Bloomberg:  An examination of Chamath Palihapitiya-sponsored SPACs, including Clover Health, which have plunged 50% on average after the SPAC market hit its peak in mid-Feb
1:25 AM  •
Todd Spangler / Variety:  NBCU-owned Rotten Tomatoes launches a streaming channel, currently available on The Roku Channel and which will later expand to Peacock and Comcast's Xumo
12:55 AM  •
AJ Dome / Manhattan Mercury:  PE firm Insight Partners invests $290M for a majority stake in CivicPlus, which provides software and other technology to more than 4,000 municipal governments
12:30 AM  •
Coco Feng / South China Morning Post:  China ordered domestic app stores to remove 90 apps, including Maimai, a LinkedIn rival, following a new regulation on what types of user data apps can collect

May 15, 2021

11:30 PM  •
Stephanie Chan / Sensor Tower Blog:  After WhatsApp's privacy policy changes, in the first four months of 2021, Telegram's installs rose 98% YoY and Signal's first-time downloads were up 1,192% YoY
9:25 PM  •
Reggie Ugwu / New York Times:  A look at Spotify-exclusive “music and talk” podcasts, which let hosts avoid music licensing fees and fair-use legal fights via free access to Spotify catalog
7:20 PM  •
Adriana Hamacher / Decrypt:  Q&A with Dogecoin developer Ross Nicoll about its coming upgrade, and working with Elon Musk, who Nicoll says has been in touch with Doge developers since 2019
5:15 PM  •
Josh Sisco / The Information:  Sources: DOJ's criminal antitrust prosecutor Eyitayo St. Matthew-Daniel is expected to lead FTC's antitrust enforcement unit handling Facebook and Amazon cases
4:00 PM  •
Cecilia D'Anastasio / Wired:  Top gamers are quitting esports to become Twitch and YouTube influencers as esports organizations and game publishers reallocate resources to streamers
1:55 PM  •
José Adorno / 9to5Mac:  Researcher: Twitter is working on Twitter Blue, a $2.99/month subscription offering with “Collections” to organize favorite tweets and an “undo tweet” function
11:50 AM  •
Mark Gurman / Bloomberg:  Apple has informed its US retail stores that a mask mandate and other COVID-19-related procedures remain, as it continues to evaluate health and safety measures
10:15 AM  •
Manish Singh / TechCrunch:  Amazon launches miniTV, an ad-supported free video streaming service that is available within the Amazon shopping app in India
8:10 AM  •
Casey Newton / Platformer:  Study: minors in the US often receive abuse, harassment, or sexual solicitation from adults on tech platforms and many of them don't tell their parents about it
6:05 AM  •
Will Oremus / The Atlantic:  About a dozen highly active Clubhouse users, all of them women, say its block feature creates opportunities for abuse, tactical silencing, and intimidation
4:00 AM  •
James Vincent / The Verge:  Ad and content licensing company Veritone launches to let celebrities, influencers, and others clone their voices using AI and license them out
1:55 AM  •
Mark Gurman / Bloomberg:  A look at the renewed animosity between Apple and Microsoft, as they increasingly compete in everything from gaming to PCs to AR
1:25 AM  •
Ari Levy / CNBC:  Bay Area tech companies racked up ~$1B on real estate impairments in the pandemic for their vacated spaces; Dropbox took $416M, Salesforce $216M, Airbnb $149M

May 14, 2021

10:20 PM  •
Adam London / CipherTrace:  DeFi hacks made up 60%+ of the crypto hack and theft volume in 2021 and 47% of major fraud and misappropriation; criminals netted ~$240M from DeFi-related hacks
8:25 PM  •
Ari Levy / CNBC:  Payment card services company Marqeta files for IPO, reports Q1 revenue of $108M, net loss of $12.8M, down from $14.5M YoY; private markets value it above $16B
7:25 PM  •
Kyle Bradshaw / 9to5Google:  New Android beta APK for Apple Music describes two lossless audio options, “Lossless” and “High-Res Lossless”, at 24-bit/48 kHZ and 24-bit/192 kHz respectively
7:00 PM  •
@antoniogm:  [Thread] Antonio García Martínez says he did not “part ways” with Apple, was fired in a snap decision, and Apple's statement on his exit is defamatory and false
6:35 PM  •
Issie Lapowsky / Protocol:  A new Biden executive order revokes a Trump-era EO that targeted protections for social media platforms and asked the FCC to conduct a review of Section 230
6:25 PM  •
Adi Robertson / The Verge:  Roblox replaces the word “game” with “experience” on its website, after Apple argued at the Epic trial that Roblox developers don't make games
4:40 PM  •
Dr. Tom Robinson / Elliptic Blog:  Analysis: the wallet used by DarkSide received a total of $17.5M in Bitcoin transactions since March, including a 75 BTC payment made by Colonial
4:20 PM  •
BuzzFeed News:  Reporters could quickly find Biden's Venmo account and the network of his social connections on Venmo, showing why the app's friends lists are a privacy issue
3:35 PM  •
Gabriel Geiger / VICE:  eBay says it is closing its “Adult Only” section, banning the sale of most “sexually-oriented” content including films, anime, and books, starting June 15
3:05 PM  •
Chris Metinko / Crunchbase News:  Waybridge, which digitizes the supply chains of commodity trading companies to give them visibility into their inventory, raises $30M Series B
2:20 PM  •
Keach Hagey / Wall Street Journal:  Sources: CloutHub and FreeSpace are among the apps vying to be next platform of Trump, who “wants cash money up front” in exchange for followers he would bring
1:40 PM  •
Maria Deutscher / SiliconANGLE:  Cisco acquires Kenna Security, which uses real world exploit data and predictive modeling to asses the risk level of vulnerabilities in company networks
1:15 PM  •
Zac Hall / 9to5Mac:  Sources: Apple hired former HTC design head Scott Croyle last year to oversee Beats product design
12:30 PM  •
Queenie Wong / CNET:  Facebook details Expire-Span, a new method to teach AI how to retain important information while forgetting irrelevant info, for more efficient data processing
11:55 AM  •
Catalin Cimpanu / The Record:  DarkSide, the gang behind Colonial attack, claims it lost control of web servers and funds, as researchers wonder whether a US takedown or exit scam is to blame
10:40 AM  •
Reuters:  Ireland's High Court rejects Facebook's bid to block Data Protection Commissioner's decision that may force the company to stop sending EU user data to the US
10:20 AM  •
Nilay Patel / The Verge:  Starlink review: nice hardware yielding a moderately fast, inconsistent connection, and there are line-of-sight issues with even a tree able to block signal
9:30 AM  •
Christian Shepherd / Financial Times:  Chinese regulators expand scrutiny to ride-hailing sector, warning execs from Didi Chuxing and nine other companies against price fixing and monopolizing data
7:45 AM  •
Debby Wu / Bloomberg:  Foxconn reports Q2 net profit of $1B on revenue of $48B, up 45% YoY, and says global supply crunch will worsen this quarter
7:25 AM  •
Lauren Feiner / CNBC:  Google is leading an effort, supported by many tech giants, to maintain work authorization for tens of thousands of people whose spouses hold H-1B visas
7:15 AM  •
Thomas Seal / Bloomberg:  Amazon says it will hire 10,000 more people in the UK, taking its total headcount in the country to 55K by the end of 2021
7:10 AM  •
BBC:  The Irish health service shuts down its IT system after a “significant” ransomware attack that is having a severe impact on health and social care services
2:55 AM  •
BBC:  A peer-reviewed study finds UK's NHS contact-tracing app reduced the second wave by roughly 25%, averting ~594,000 out of 1.89M cases from October-December 2020

May 13, 2021

10:45 PM  •
Hamish McKenzie / Substack Blog:  Substack acquires People & Company, which focuses on community building, to expand its support infrastructure for writers, including workshops and legal support
9:00 PM  •
CNBC:  MasterClass, which offers celebrity-taught online classes, raises $225M Series F led by Fidelity Management, sources say at a $2.75B valuation
8:50 PM  •
Jacob Kastrenakes / The Verge:  Actor claiming to be voice behind TikTok's text-to-speech feature sues TikTok for “irreparable harm”; says recordings she made were never authorized for TikTok
8:30 PM  •
Variety:  Disney+ misses on Q1 subscriber estimates, reaching 103.6M subscribers vs. 109.3M expected; ESPN+ subscribers rose 75% YoY to 13.8M, Hulu grew 30% YoY to 41.6M
8:05 PM  •
Lawrence Abrams / BleepingComputer:  Chemical distributor Brenntag paid a $4.4M ransom in bitcoin to the DarkSide ransomware gang, who claimed to have stolen more than 150 GB of sensitive data
7:15 PM  •
Todd Spangler / Variety:  Jeff Blackburn, an S-team Amazon exec who had departed in February, is returning as SVP of Global Media and Entertainment, overseeing Prime Video, Twitch, more
6:30 PM  •
MacKenzie Sigalos / CNBC:  Coinbase reports Q1 revenue of $1.8B, up 207% QoQ, monthly transacting users of 6.1M, up from 2.8M last quarter, says it plans to list dogecoin in 6-8 weeks
6:00 PM  •
Jessica Bursztynsky / CNBC:  Bumble stock falls 14%+ on Thursday to $40.48, below its IPO price, after beating Q1 revenue expectations Wednesday but issuing a more cautious Q2 guidance
5:25 PM  •
Mike Butcher / TechCrunch:  Collective, a subscription-based service that handles back office tasks like accounting for the self-employed, raises $20M Series A led by General Catalyst
4:50 PM  •
Amelia Lucas / CNBC:  DoorDash reports Q1 revenue of $1.08B, up 198% YoY, and a net loss of $110M, blaming a shortage of drivers, but raises forecasts; stock up 23%+
4:30 PM  •
Yogita Khatri / The Block:  Tether, which claimed at launch that each tether was backed 1:1 with USD, releases a breakdown of its reserves, revealing that only 3.87% are in actual cash
4:20 PM  •
Jordan Novet / CNBC:  Airbnb reports Q1 revenue of $886.9M, up 5% YoY, gross booking value of $10.3B, up 52% YoY, but net loss tripled to $1.1B, largely due to debt repayments
4:05 PM  •
Sarah Perez / TechCrunch:  Pinterest says it will test livestreaming events this month through a three-day virtual event featuring sessions with around 21 top creators
3:05 PM  •
The Block:  Vitalik Buterin sells large amounts of SHIB, AKITA, and ELON tokens, sent to him by coin creators, for ~$60M worth of ETH, and donates the proceeds to charities
2:10 PM  •
Kurt Wagner / Bloomberg:  Twitter has announced six acquisitions so far in 2021, the most the company has made in a calendar year since 2015, as part of its new product push
1:23 PM  •
Tom Schoenberg / Bloomberg:  Sources: Binance is under investigation by DOJ and IRS; officials involved include those who probe money laundering and tax offenses
12:45 PM  •
Swetha Gopinath / Bloomberg:  Canada-based chip maker Alphawave closed down 16% on its first day of trading in London, after raising £856M at a valuation of £3.1B
12:35 PM  •
Chris Metinko / Crunchbase News:  GRIN, which helps brands manage influencer marketing campaigns, adds $16M to its $10M Series A announced in December 2020
12:10 PM  •
Andrew J. Hawkins / The Verge:  Ford says it will start rolling out OTA updates to its vehicles at scale, including adding Alexa later this year to 700K eligible vehicles
11:50 AM  •
Taylor Hatmaker / TechCrunch:  Discord announces Stage Discovery, a tool to help people find communities through live audio events, and says it will soon test paid, ticketed audio events
11:45 AM  •
Sebastian Herrera / Wall Street Journal:  Amazon says it is hiring 75,000 workers, representing 8% of its US workforce, and offering an average of $17/hour, above its typical $15/hour starting wage
11:35 AM  •
Crystal Tse / Bloomberg:  Axtria, which makes data analytics software for life sciences companies, raises $150M, sources say at a valuation close to $1B
11:10 AM  •
Strategy Analytics:  Global notebook PC shipments grew 81% YoY in Q1; both Apple, with 5.7M shipments, and Acer, with 4.9M shipments, grew 94% as HP grew 91% with 15.4M shipments
10:55 AM  •
Joey Roulette / The Verge:  SpaceX signs a satellite connectivity deal with Google Cloud, as part of which SpaceX will install Starlink terminals at Google's data centers around the world
10:31 AM  •
Bloomberg:  Sources: Colonial paid ~$5M ransom in cryptocurrency within hours of the attack, but the hackers' decrypting tool was so slow that it had to use its own backups
10:15 AM  •
Richard Nieva / CNET:  YouTube has banned almost 40 QAnon channels that were evading YouTube's policies and escaping violations by self-deleting their own videos after a few days
10:05 AM  •
Detroit News:  Michigan GOP lawmaker introduces a bill that requires fact checkers to register with the state using a $1M fidelity bond, and levies $1K/day fine for violations
9:45 AM  •
Billy Steele / Engadget:  Amazon Echo Buds (2nd gen) review: affordable, better sound, smaller, True ANC, optional wireless charging, but middling battery life and mediocre call quality
9:25 AM  •
Sarah Perez / TechCrunch:  Roku announces launch of its original programming, including the Quibi content it acquired, on the Roku Channel, starting May 20
9:15 AM  •
Bloomberg:  South Korea plans to spend around $450B to build the world's biggest chipmaking base over the next decade; Samsung to boost spending by 30% to $151B by 2030
8:40 AM  •
Dean Takahashi / VentureBeat:  Animoca Brands, which lets players own in-game items through NFTs, enabling them to sell or take items if they leave the game, raises $88M at a $1B valuation
8:25 AM  •
Arjun Kharpal / CNBC:  Alibaba reports Q4 net loss of $836M, as the massive antitrust fine it received last month weighed on earnings, and revenue of $28.6B, up 64% YoY
8:15 AM  •
Kyle Wiggers / VentureBeat:  Cyral, which offers enterprise data governance across platforms including Amazon S3, Snowflake, and MongoDB, raises $26M, bringing its total raised to $41.1M
7:35 AM  •
Arjun Kharpal / CNBC:  Cryptocurrency markets lost around $365B in value after Musk tweeted Tesla will suspend car purchases with bitcoin; bitcoin, ether, and XRP all fell sharply
7:20 AM  •
Natasha Lomas / TechCrunch:  Google has been fined €100M+ by Italy's antitrust watchdog for abusing its dominant market position by restricting third party access to the Android Auto app
4:40 AM  •
Peter White / Deadline:  IAB: podcast ad revenue in the US grew 19% in 2020 to hit $842M, up from $708M in 2019 and $479M in 2018, and is set to reach $2B by 2023
3:00 AM  •
Rebecca Bellan / TechCrunch:  Chinese autonomous driving company WeRide says it raised an undisclosed sum to complete its Series C at a $3B+ valuation, four months after its $310M Series B
12:40 AM  •
Benjamin Wallace / New York Magazine:  Behind the online battle between notable tech figures including a16z partners and Balaji Srinivasan, and the journalists who report, and tweet, on the industry
12:25 AM  •
Shiri Habib-Valdhorn / Globes Online:  SimilarWeb closes down 0.6% in its NYSE debut after raising $165M in its IPO at a valuation of ~$1.6B; its revenue in 2020 was $93.5M with a net loss of $22M

May 12, 2021

11:15 PM  •
Mike Butcher / TechCrunch:  Munich-based parcelLab, which helps retailers send automated personalized shipping messages to their customers, raises $112M Series C led by Insight Partners
10:40 PM  •
Neal St. Anthony / Star Tribune:  NetSPI, which provides penetration testing and vulnerability management services to enterprises, raises $90M; NetSPI expects sales of about $50M in 2021
9:40 PM  •
Ina Fried / Axios:  Apple says it parted ways with recent hire Antonio García Martínez, an ex-Facebook staffer and author, after employee petition citing “misogynistic statements”
8:55 PM  •
Mary Jo Foley / ZDNet:  Microsoft is shutting down its Azure Blockchain Service on September 10, six years after initial launch, and is not supporting any new deployments as of May 10

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