Techmeme
December 7, 2020, 10:30 AM

Top News

Bloomberg:
Sources: Apple is preparing new Apple Silicon-powered MacBook Pros, iMacs, and Mac Pros for as early as spring 2021; full Mac transition will finish in 2022  —  - Company tests faster performing processors than Intel's best  — Major graphics boost in the works for upcoming desktop Macs
Maureen Farrell / Wall Street Journal:
Sources: Airbnb plans to boost the proposed price range of its IPO to between $56 and $60 a share, which equates to a valuation of $39B to $42B, fully diluted  —  New price range for home-rental company's public debut equates to $39 billion to $42 billion, fully diluted
Financial Times:
Inside Disney's costly online push while its lucrative legacy businesses decline, as sources say the success of Disney+ diminished Disney's interest in Hulu  —  Media empire must sustain its costly online push while its lucrative legacy businesses decline  —  The Walt Disney Company …
Bloomberg:
Source: investors in at least two mature Sequoia funds will see 11X returns on paper, after fees, and another fund is showing 8X returns  —  About a week before the coronavirus was declared a pandemic, one of the world's leading venture capital firms issued a dire prophecy.
Jane Lytvynenko / BuzzFeed News:
This year, disinformation about the pandemic, BLM protests, and the election divided the US, with “Plandemic” as a case study of social networks' failures  —  Disinformation and its fallout have defined 2020, the year of the infodemic.  Month after month, self-serving social media companies …
Nilesh Christopher / Rest of World:
Facing a nationalist backlash in India, Xiaomi has rebranded itself as a local manufacturer, unlike other Chinese brands that retreated from the limelight  —  Facing a nationalist backlash in India, Xiaomi has rebranded itself as a local manufacturer.  —  • BANGALORE, INDIA
Annie Palmer / CNBC:
Filing: e-commerce marketplace Wish aims to raise $1.1B in its IPO at a $14.1B valuation, pricing shares at $22-$24; Wish was last valued at $11.2B in Aug. 2019  —  - E-commerce marketplace Wish is aiming to raise roughly $1.1 billion in its upcoming initial public offering, giving it a valuation of up to $14.07 billion.
More: Reuters
Christopher Mims / Wall Street Journal:
Some Black startup founders are finding it easier to attract investors in 2020, as investors are accessible on Zoom and creating diversity-focused funds  —  An unexpected side-effect of lockdowns: It can be easier to get a meeting with a venture capitalist.
Kevin Roose / New York Times:
How Biden's digital campaign, largely focused on positive, authentic messaging and “Facebook moms”, defeated Trump's “Death Star” digital operation  —  The campaign's empathetic digital strategy held up surprisingly well against President Trump's passionate digital following.

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Zoho:
Set it, forget it, and stop worrying about form availability!  —  Let's say you have a booking form that you only want to be available during business hours, or you're hosting an event with a specific registration period …
SBS Comms:
Expect Better: SBS Comms  —  The media landscape is changing fast, so don't be slow — out with the old, in with the new.  SBS helps tech companies like GitHub, Cloudflare, Flexport, Ramp and more modernize comms and secure impactful results.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Invest Like the Best:
Doug Leone - Lessons from a Titan
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Techmeme Ride Home:
Nvidia Earnings
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
Understanding Elon Musk's polarizing ascent in the MAGA movement
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
An inside look at X's Community Notes | Keith Coleman (VP of Product) and Jay Baxter (ML Lead)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Generative Now:
Mikey Shulman answers your questions about Suno and making music with AI
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:30 AM ET, December 7, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Kanishka Singh / Reuters:
Misyrlena Egkolfopoulou / Bloomberg:
Karen Hao / MIT Technology Review: