Kenrick Cai / Forbes:
Sources: dbt Labs, which develops an open source data analytics tool, is in talks to raise a Series D at a $6B valuation, following a $1.5B valuation in June — In June, data startup Fishtown Analytics became a unicorn and rebranded itself Dbt Labs, after its popular data...
Ryan Gallagher / Bloomberg:
Sources: Swiss company Mitto, which offers text message services to companies, tells clients co-founder Ilja Gorelik has departed after surveillance accusations — Ilja Gorelik allegedly ran a secret surveillance service that used Mitto's networks to locate people...
Manish Singh / TechCrunch:
Bengaluru-based Uni, which offers pay-later services, raises $70M Series A, sources say at a $350M valuation, led by General Catalyst, after $18.5M seed in 2020 — Uni, an Indian startup that offers users pay-later cards, has raised $70 million in a financing round as...
Financial Times:
Sources: the US will ban eight Chinese companies, including DJI, for their alleged involvement in the surveillance of Uyghur Muslims — American investors will be banned from groups accused of involvement in Xinjiang abuses — The Biden administration will place eight Chinese...
Emily Birnbaum / Politico:
Sources: the Internet Association plans to announce it's dissolving as soon as Wednesday, amid financial struggles — The Internet Association, once branded as Silicon Valley's most important trade group in Washington, plans to announce it is dissolving as soon as...
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...
Bloomberg:
Sources: NSO Group is considering shuttering its Pegasus unit and selling the company, among other options, as it struggles to repay $450M in debt — - Moelis tapped to advise on talks with investment funds — One plan would repurpose product for strictly defensive use
The Economic Times:
Bangalore-based fresh produce supply chain startup Ninjacart raises $145M from Flipkart and Walmart, sources say at a $750M-$800M valuation — Flipkart, Walmart invest $145 million in Ninjacart — This is the third time Flipkart is investing in Ninjacart.
The Information:
Sources: Amazon's Instacart rival, internally called Fresh Marketplace, will expand to the US and Europe in 2022 following its recent UK debut — In recent years, Amazon has attracted wide attention with its effort to become a force in the grocery industry, from its $13.7...
Mark Gurman / Bloomberg:
Sources: Apple management-training chief Joel Podolny, who worked with Steve Jobs to create Apple University, left earlier this year to join a startup — - Podolny was hired by Steve Jobs to teach new managers in 2009 — Former executive was previously dean of Yale...
Sha Hua / Wall Street Journal:
Sources: Alibaba fired a female employee who accused a supervisor of rape, allegations that triggered widespread debate in July over workplace sexual misconduct — In dismissal notice, Chinese e-commerce giant alleges she spread false information that damaged the...
Bloomberg:
Sources: Binance is in talks to set up a cryptocurrency exchange in Indonesia with PT Bank Central Asia, owned by the Hartonos, Indonesia's richest family — - Bank Central Asia, Telkom Indonesia are in talks with Binance — Discussions ongoing for a cryptocurrency trading platform
Washington Post:
Sources: Kayvon Beykpour and other execs ignored warnings that Twitter lacked the ability to moderate Spaces and launched the product amid investor pressure — Employees who complained about the lack of moderation say they were sidelined — Earlier this year, as Twitter raced...
Bloomberg:
Sources: as Ben Horowitz and Marc Andreessen buy Las Vegas properties, they are less involved in a16z's daily operations and cutting down on board memberships — Recently, the Bay Area-based venture capitalist Ben Horowitz took part in a popular pandemic-era pastime: updating the...
Financial Times:
Sources: US will ban investment in SenseTime on Friday citing human rights abuses against Uyghurs, as the Chinese AI company prices its shares in Hong Kong — Facial recognition software specialist targeted for allegedly enabling human rights abuses — The US will put SenseTime …
Ivan Levingston / Bloomberg:
Adobe agrees to acquire ContentCal, which helps creators automate social media publishing and reporting tasks, sources say for more than $100M in cash — Adobe Inc. will acquire U.K. social media marketing startup ContentCal in a deal that aims to give users...
Financial Times:
UK digital bank Monzo raises $500M led by Abu Dhabi Growth Fund at a $4.5B valuation; sources say it is exploring products like stock and crypto trading — UK digital bank sees $500m funding round in sharp recovery after bruising start to pandemic — British digital bank...
Patrick McGee / Financial Times:
Sources: Meta, Snap, and other iOS developers continue to collect anonymized and aggregated data on users for targeted ads, despite Apple's ATT changes — Group's unacknowledged shift lets companies follow a looser interpretation of its privacy rules — Apple...
Kurt Wagner / Bloomberg:
Sources: Parag Agrawal was Jack Dorsey's only serious candidate to replace him as Twitter CEO and Elliott Management did not demand that Dorsey resign — Activist investor Elliott Management cranked up pressure for the social network's board to set a succession plan
THE ELEC, Korea Electronics Industry Media:
Sources: Samsung partnered with Microsoft this summer on a HoloLens project slated to launch in 2024; Samsung will likely be the hardware manufacturer — - Gijong Lee - 승인 2021.12.07 13:25 - 댓글 0 … Samsung Display and other affiliates also taking part
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