Katie Roof / Bloomberg:
Sources: cybersecurity startup Snyk is preparing for an IPO as soon as mid-2022, with a target to exceed its $8.6B valuation from September — Cybersecurity startup Snyk Ltd. is making preparations for an initial public offering that could happen as early as next year...
Leah Nylen / Politico:
Sources: amid budget woes, the US DOJ has delayed deciding whether to sue Apple or file a new suit against Google over antitrust concerns until at least March — The Justice Department is still months away from deciding whether to sue Apple or file a new suit against...
Bloomberg:
Sources: Intel plans an R&D center in France, test and assembly factory in Italy, and major wafer production fab in Germany — - Chipmaker is seeking to restore its technological edge — Germany could get major wafer factory as part of the push — Intel Corp.'s global push …
Bloomberg:
Sources: Lina Khan is advancing an FTC investigation into AWS, started in 2019, including whether AWS discriminates against non-exclusive clients — The U.S. Federal Trade Commission is pushing forward with antitrust scrutiny of Amazon.com Inc.'s cloud computing business, according...
Laura Cooper / Wall Street Journal:
Sources: Vista Equity will acquire a majority stake in SalesLoft, which offers sales engagement tools, at a $2.3B valuation; SalesLoft has $100M+ ARR — The deal comes as technology-focused Vista is gearing up to raise its largest buyout fund yet — Vista...
Mehul Srivastava / Financial Times:
Sources: how a 2019 NSO deal to sell Pegasus to Uganda, followed by an unknown actor using Pegasus to try to hack the US embassy in Uganda, led to NSO's decline — For years, the Israeli spyware maker thrived through scandal. Then, US diplomats in Uganda got...
The Information:
Sources: Bolt, which offers a one-click checkout service, is seeking to raise ~$400M at a $14B valuation, after raising $393M at an $11B valuation in October — With the ink barely dry on one fundraising effort by Bolt, a firm that makes e-commerce checkout software, the...
Politico:
Sources detail Amazon's increasingly close relationship with the DOJ and FBI, as it tips off the agencies about employees and third-party sellers — Amazon has increasingly tipped off the Justice Department and FBI to investigate its own employees and the sellers using its platform...
Juro Osawa / The Information:
Sources: despite publicly stepping down, ByteDance founder Zhang Yiming remains actively involved, focusing on long-term strategy — Zhang Yiming, founder of ByteDance, the Chinese company that owns TikTok, resigned as CEO and chair earlier this year. He no longer...
MacKenzie Sigalos / CNBC:
Sources estimate ~20% of the world's bitcoin miners remain in China, moving operations underground and evading detection after the country's crypto mining ban — - China cracked down on its domestic crypto mining industry in May, but many miners have figured out ways...
Reuters:
Sources: China is expanding its practice of taking minority stakes in private Chinese tech companies to include firms possessing large amounts of key data — The Chinese government has been expanding its practice of taking minority stakes in private companies beyond those specialising …
William Turvill / Press Gazette:
Sources: Google delayed the US launch of News Showcase, live in 14 countries, to at least Q1 2022 as pubs find the offers underwhelming and doubt its efficacy — Google is struggling to persuade some of America's largest publishers to sign up to its News...
Paresh Dave / Reuters:
Sources: California's civil rights regulator is investigating Google's treatment of Black female workers following allegations of harassment and discrimination — California's civil rights regulator is investigating Google's treatment of Black female workers following...
Manish Singh / TechCrunch:
Hevo Data, which offers a dashboard to help companies integrate data from disparate sources, raises a $30M Series B led by Sequoia Capital India — Hevo Data, a SaaS startup that is helping firms collate troves of data they generate and accumulate to make better use...
Josh Sisco / The Information:
Sources say the FTC has opened an in-depth probe into Meta's acquisition of Within, the company behind VR fitness game Supernatural — Meta Platforms' Oculus virtual reality headsets are a vital step toward creating what its CEO, Mark Zuckerberg, calls the...
Wall Street Journal:
Sources: Oracle is in talks to acquire electronic medical records company Cerner, in a deal that could be worth ~$30B — An agreement, which could potentially be worth $30 billion, would rank as biggest ever for software giant — Oracle Corp. is in talks to buy...
Ryan Weeks / The Block:
Nansen, a crypto analytics service known for its ability to track high-value investors, raises a $75M Series B led by Accel, sources say at a $750M valuation — Quick Take — Venture capital firm Accel led the fundraise, with participation from a16z and Tiger Global.
Paul Gillin / SiliconANGLE:
North Carolina-based CData, which aggregates data from 200+ sources for businesses, raises a $140M Series B from Updata, bringing its total funding to $160M — CData Software Inc., a seven-year-old firm that specializes in connecting data from multiple sources, today...
Foo Yun Chee / Reuters:
Sources: the EU is set to approve Meta's acquisition of Kustomer after assurances rivals will still be able to work with Kustomer — Facebook is set to gain EU antitrust approval for its acquisition of Kustomer after offering remedies that allow rival products to function …
Bloomberg:
Sources: Indian edtech company Byju's is in advanced talks to go public via SPAC on the NYSE, raising around $4B and valuing it at about $48B — - Education startup is discussing deal with Churchill Capital — SPAC merger could value Byju's at more than $40 billion