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Ari Paparo Dot Eth / @aripap: [Thread] For media and advertising, Web3's focus on decentralization and tokenization solves few, if any, problems and is the last thing ad tech needs — This web3 shit is starting to annoy me, so here's a thread with my opinions on the relevance to media and...

German on-demand delivery giant Delivery Hero is pulling its food delivery service out of Germany again.At the same time it has announced it will exit the Japanese market, by divesting Foodpanda Japan, starting in Q1 next year.In a statement accompanying the pre-Christmas exit news, the...

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Just half a year after its last Series F round announcement, Korean online grocery startup Kurly has closed a $210 million in a pre-IPO round from single backer Anchor Equity Partners, a Hong Kong-based private equity firm.The latest funding brings its total raised to approximately $761...

Paul Sawers / VentureBeat: Dialpad, an enterprise voice, video, and contact-center service, raises $170M led by Iconiq at a $2.2B valuation, up from $1.2B last year — Cloud communications platform Dialpad has raised $170 million in a round of funding led by Iconiq Capital, valuing the company...

Mike Isaac / New York Times: Reddit, home to more than 100K active communities visited by 50M+ people every day, has raised more than $1B in private capital and was last valued at $10B+ — Reddit announced on Wednesday that it had confidentially filed paperwork for an eventual public offering...

Foo Yun Chee / Reuters: The EU Parliament passes the Digital Markets Act, after Vestager's suggestion last month; EU countries and the Commission will consider the law next year — EU lawmakers voted on Wednesday to beef up draft rules to rein in U.S. tech giants, including extending the scope...

Salvador Rodriguez / CNBC: Sources: Instagram surpassed 2B monthly active users worldwide this fall, up from 1B MAUs in June 2018, the last time it publicly disclosed the metric — - Instagram now has more than 2 billion monthly active users worldwide, according to employees with knowledge of...

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Cecilia Kang / New York Times: Congressional hearings with tech CEOs and other execs in the last few years resulted in no new laws, amid partisan divides over issues like privacy and misinfo — Holding a hearing that humbles the most powerful business executives in the world is much easier than...