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Crowdfunding platform Kickstarter is making a big bet on the blockchain, announcing plans to create an open source protocol “that will essentially create a decentralized version of Kickstarter’s core functionality.” The company says the goal is for multiple platforms to embrace the protocol...
Karissa Bell / Engadget:
Adam Mosseri says Instagram plans to bring back “a version” of its chronological feed in Q1 2022, a feature he says Instagram has been working on “for months” — After more than five years, Instagram plans to bring back “a version” of its chronological feed next year …
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Chance Miller / 9to5Mac:
Report details the supply chain issues that forced Apple to significantly scale down its iPhone and iPad production plans — As Apple's ever-important holiday shopping season continues, the company is facing what a new report from Nikkei Asia describes as the “nightmare...
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Stellantis laid out Tuesday an ambitious plan to generate $22.5 billion annually from software in its vehicles that can sell passengers and drivers products and subscriptions. The target is in line with goals from its competitors — all of which are seeking ways to make revenue beyond selling...
Kurt Wagner / Bloomberg:
Stan Chudnovsky, Meta's Messenger chief, who is also leading the integration of Meta's messaging services, plans to leave the company around Q2 2022 — The executive has been overseeing efforts to integrate the company's messaging services — Stan Chudnovsky, the Meta...
On Wednesday, Instagram head Adam Mosseri is set to testify before the Senate for the first time on the issue of how the app is impacting teens’ mental health, following the recent testimonies from Facebook whistleblower Frances Haugen which have positioned the company as caring more about...
Ingrid Lunden / TechCrunch:
Mimecast, which makes email security tools, says PE firm Permira plans to take it private in a $5.8B all-cash deal; Mimecast has been public since 2015 — Nine months after competitor Proofpoint was scooped up by Thoma Bravo for $12.3 billion, Mimecast is also going...
Nine months after competitor Proofpoint was scooped up by Thoma Bravo for $12.3 billion, Mimecast is also going the private equity route. Today the security company announced that Permira would be taking Mimecast private in a $5.8 billion all-cash deal. Mimecast has been public since 2015, and...
Nikkei Asia:
Source: Japan's FSA to propose legislation that would let only banks and wire transfer services issue stablecoins as it plans a yen-based digital currency — Only banks, wire transfer companies would issue currency-backed coins like Tether — Stablecoins are linked to such assets …
Wall Street Journal:
Sources: Intel plans to publicly list shares of its Mobileye unit at a $50B+ valuation; Intel acquired the self-driving car company in 2018 for about $15B — Move could value Mobileye at more than $50 billion, according to people familiar with the matter — Intel Corp. is...
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Issie Lapowsky / Protocol:
Behind the scramble to revamp the White House's plans for the Alliance for the Future of the Internet, meant to rally countries behind a vision for an open web — The White House is set to announce plans this week for its much-anticipated Alliance for the Future of...
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