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January 13, 2021, 6:45 PM
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| Lauren Feiner / CNBC: |
Intel CEO Bob Swan will step down on February 15 and VMware CEO Pat Gelsinger will replace him; Intel's stock is up 6%+, VMware's stock is down 6%+ — - Intel CEO Bob Swan is set to step down effective Feb. 15, the company announced. — VMWare CEO Pat Gelsinger will take over the position.
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Intel Newsroom, Intel Newsroom, The Verge, AnandTech, Ars Technica, CRN, Oregonian, New York Times, VentureBeat, Softpedia News, Gizmodo, Protocol, SemiAccurate, TechCrunch, TechRadar, MacRumors, MSPoweruser, CNET, PCMag, SiliconANGLE, iPhone in Canada Blog, Engadget, Channel Futures, TechSpot, Wall Street Journal, Neowin, HotHardware.com News, PC Gamer, Thurrott, CNET, Bloomberg, iDownloadBlog.com, AppleInsider, Business Insider, Axios, Slashdot, and The Economic Times
Tweets: @monkchips, @monkchips, @iancutress, @sbisson, @monkchips, @danielnewmanuv, @iancutress, @wronglebowsk, and @tomwarren
| Jessica Bursztynsky / CNBC: |
Airbnb says it is canceling and blocking reservations made for the week of Biden's inauguration in the Washington, DC metro area — - Airbnb is canceling and blocking future reservations in the Washington, D.C., metro area during the week of President-elect Joe Biden's inauguration, the company said Wednesday.
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Airbnb, Engadget, TechCrunch, New York Times, newsaf.cgtn.com, NPR, Axios, PCMag, TechCrunch, Business Insider, Bloomberg, and Politico
Tweets: @bchesky, @b_fung, @paulblu, @stevenlevy, @dseetharaman, @kantrowitz, @nancyscola, @b_fung, @ericajoy, @alexisohanian, @danprimack, @find_evil, @daveleeft, @nickwingfield, @ivanthek, @mtracey, @johnrobb, and @mmasnick
| Axios: |
YouTube says it has taken down newly posted videos from Trump for violating its policies against inciting violence and bans new uploads for a week — YouTube said Tuesday that it has taken down newly posted video content from President Trump for violating its policies against inciting violence.
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CNN, New York Times, BBC, Reuters, The Verge, TechCrunch, BuzzFeed News, Washington Post, PCMag, coinspeaker.com, Android Headlines, Wall Street Journal, and Bloomberg
Tweets: @youtubeinsider, @sachabaroncohen, @sacca, @bostonjoan, @abb3rz07, @omanreagan, @pennyred, @nandoodles, @violetblue, @b_fung, @loudmouthjulia, @randfish, @davidmackau, @caseynewton, @vmsalama, @epro, and @hawaiidelilah. Thanks:@inafried
| Karissa Bell / Engadget: |
TikTok makes accounts of users aged 13 to 15 private by default, limiting who can comment on the videos and how other users can download or remix their videos — TikTok is introducing a new set of “enhanced” privacy settings that restricts certain features for younger teens and changes …
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TikTok, BBC, TechCrunch, Social Media Today, Threatpost, Gizmodo, The Verge, Lifehacker, USA Today, Input, Mashable, iPhone in Canada Blog, Fast Company, ZDNet, NextPit, 9to5Mac, PCMag, Tech Xplore, and The Irish Times
Tweets: @_andyburrows, @tweetinjules, @tiktokcomms, @megancgraham, @seana_davis, @matthewgmull, and @willguyatt
| Jessica Bursztynsky / CNBC: |
Affirm began trading at $90.90 and closed at $97.24, up 98% after pricing shares at $49; the company raised $1.2B after pricing shares above its $41-$44 range — - Shares of Affirm, an online payments company, began trading on the Nasdaq. — Affirm priced its shares at $49 apiece, above its target range of $41 to $44 each.
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TechCrunch, Protocol, Protocol, Fast Company, The Information, Axios, PR Newswire, Bloomberg, PYMNTS.com, Crunchbase News, Fortune, Crunchbase News, TechCrunch, Silicon Valley Business …, and Yahoo Finance
Tweets: @hunterwalk, @kifleswing, @ldrogen, @sapochat, and @alizhd
| Sara Fischer / Axios: |
Internal email: Google has informed its ad partners that it will block all political ads on all its platforms beginning January 14 — Google informed its advertising partners Wednesday that beginning Jan. 14, its platforms will block all political ads, as well as any related to the Capitol insurrection … | Jessica Bursztynsky / CNBC: |
Dropbox says it will cut about 11% of its global workforce, affecting about 315 employees, and COO Olivia Nottebohm will leave on February 5 — - Dropbox is cutting its global workforce by about 11%, the company said in an 8K filing released Wednesday. — The company's stock dropped more than 6% in the premarket.
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Work in Progress, SiliconANGLE, Axios, ZDNet, Business Insider, and Reuters
Tweets: @carnage4life, @carnage4life, @hiangelali, and @jmover
| Jacob Kastrenakes / The Verge: |
Ring says it is adding opt-in end-to-end encryption for eight cameras in technical preview for US users — Starting today in a ‘technical preview’ — Ring is starting to add support for end-to-end encryption to its cameras. The feature will keep video streams encrypted from the camera … | Fortune: |
Crypto startup Anchorage says it has received a federal bank charter, making it easier for big banks to use Anchorage to offer cryptocurrencies to customers — A startup called Anchorage announced on Wednesday that it has become the first cryptocurrency company to receive a federal charter …
More:
Anchorage, CoinDesk, Office of the Comptroller …, Forbes, Decrypt, and CoinDesk. Thanks:@jeffjohnroberts
| Gené Teare / Crunchbase News: |
Global VC report 2020: overall funding rose 4% YoY to ~$300B, despite a slow Q1, with ~$13.6B seed, $88.4B early-stage, and $198.4B late-stage and growth — Startups closed out 2020 in a much stronger position than the one they started the year in, with global venture funding up 4 percent year over year to $300 billion.
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Silicon Florist
| Stephen Nellis / Reuters: |
Qualcomm acquires chip startup Nuvia for $1.4B, with plans to put the company's tech into its smartphone, laptop, and automotive processors — (Reuters) - Qualcomm Inc on Wednesday said it will acquire Nuvia Inc, a chip startup founded by Apple Inc veterans, for $1.4 billion …
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Qualcomm, Ars Technica, XDA Developers, The Verge, Patently Apple, Forbes, Wall Street Journal, Light Reading, MacDailyNews, ZDNet, iDownloadBlog.com, Android Authority, MSPoweruser, TechSpot, VentureBeat, and FierceWireless
Tweets: @ohmdee, @andreif7, @iancoldwater, @whatthebit, @nuvia_inc, and @stephennellis
| Romain Dillet / TechCrunch: |
Apple announces new projects related to its $100M pledge for racial equity and justice, including a developer academy focused on Black entrepreneurs — Last June, Apple committed $100 million to a Racial Equity and Justice Initiative (REJI). Lisa Jackson, Apple's vice president of environment …
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Apple, The Verge, MSUToday, TidBITS, Atlanta Business Journal, PYMNTS.com, Observer, appleosophy.com, USA Today, 9to5Mac, iMore, CNBC, Patently Apple, iPhone Hacks, Axios, AppleInsider, Tech Xplore, and iClarified
Tweets: @tim_cook, @lisapjackson, @mkbhd, and @reneritchie
| Ben Thompson / Stratechery: |
Actions taken by Big Tech after violence at the Capitol may have sowed the seeds for Internet 3.0, which will be defined by open protocols and decentralization — Francis Fukuyama's The End of History and the Last Man is, particularly relative to its prescience, one of the most misunderstood books of all time.
Tweets: @alex, @theannagat, @christse, @mdudas, @yanroux, and @mattrosoff
| Benjamin Powers / CoinDesk: |
Ledger offers a 10 bitcoin bounty for details on the hacker who stole info on 272K crypto wallet device owners and says 20K more user records have been exposed — Ledger was also targeted by hackers in Shopify's data breach. — Matt Johnson, Ledger's new Chief Information Security Officer …
More:
Ledger, BetaKit, CoinGeek, Bitcoinist.com, The Block, Decrypt, and Crypto Briefing
Tweets: @cryptogainz1, @ledger, @ledger, and @ledger
| Gaurav Laghate / The Economic Times: |
Amazon launches a mobile-only Prime Video plan in India starting at Rs. 89, or ~$1.30, per month, in partnership with Bharti Airtel — MUMBAI: Amazon Prime Video is set to launch mobile-only subscription plans in India for its streaming service in a global first, offering Indian consumers …
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TechCrunch, Variety, Cord Cutters News, MSPoweruser, Neowin, The Indian Express, Livemint, 91mobiles.com, India Today, NDTV Gadgets 360, XDA Developers, TechRadar, and Bloomberg
Tweets: @primevideoin and @etpanache
| Monica Chin / The Verge: |
Asus unveils 14- and 15-inch ZenBook Duo dual-screen laptops with a second display built into the keyboard; the 14-inch version ships this month from $1,000 — Preorders start tomorrow — Asus has announced two new dual-screen ZenBook Duo laptops as part of its slate of CES 2021 announcements.| Tony Connelly / RTÉ: |
EU's top court says a GDPR complaint against Facebook can be handled in any EU member state, which could lead to a flood of complaints against tech giants — The Advocate General of the European Court of Justice has issued an opinion that a privacy complaint against the US tech giant Facebook does …
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Fortune, Court of Justice of the European Union, noyb.eu, Reuters, Associated Press, Anadolu Ajansı …, TechCrunch, and CNBC
Tweets: @tconnellyrte, @eucourtpress, @1br0wn, @tconnellyrte, @tconnellyrte, @rtenews, @paddycosgrave, @tconnellyrte, and @jason_kint
| Alex Wilhelm / TechCrunch: |
Webflow, which helps businesses build no-code websites, raises $140M Series B led by Accel and Silversmith at a $2.1B+ valuation — This morning Webflow, a software company that helps businesses build no-code websites, announced that it has raised a $140 million Series B. The round …
More:
VentureBeat, Webflow Blog, Crunchbase News, and FinLedger
| Nick Statt / The Verge: |
WhatsApp clarifies its new data sharing policy with Facebook, which mostly concerns businesses, after recent backlash and surge in Telegram and Signal downloads — The company is trying to contain fallout over a privacy policy update — WhatsApp has published a new FAQ page …
More:
TechCrunch, PCMag, WhatsApp Blog, BuzzFeed News, ZDNet, HotHardware.com News, TechCrunch, Fox Business, phonearena.com, Forbes, Softpedia News, Fast Company, Firstpost Tech, The Economic Times, Tom's Guide, Android Headlines, CyberNews, BGR, International Business Times, KnowTechie, Ubergizmo, TechRadar, and Threatpost
| Rest of World: |
Profile of Russian online retail giant Wildberries, owned by Russia's richest woman, which grew by catering to low-income shoppers via offline collection points — Wildberries, the country's answer to Amazon, is a genuine success. But its corporate backstory involves a lot of mythmaking.
Tweets: @anupkaphle, @dlberes, and @restofworld
| Mike Butcher / TechCrunch: |
UK-based Weezy, whose grocery delivery app claims delivery in 15 minutes, raises $20M Series A led by Left Lane Capital — Weezy — an on-demand supermarket that delivers groceries in fast times such as 15 minutes — has raised $20 million in a Series A funding led by New York-based venture capital fund Left Lane Capital.| Bloomberg: |
Online therapy service Talkspace agrees to merge with a SPAC in a deal worth $1.4B that provides Talkspace with $250M in funding — - Hudson managing partner is former JPMorgan CFO Doug Braunstein — Firm raising $300 million to support the transaction| Ingrid Lunden / TechCrunch: |
Rapyd, which provides an API-based “fintech-as-a-service” platform, raises $300M Series D at a $2.5B post-money valuation — A wave of organizations — propelled by global Covid-19 pandemic circumstances — are moving their commercial and financial interactions online …
More:
FinSMEs, VentureBeat, CNBC, SiliconANGLE, Silicon Canals, Tech.eu, and Crowdfund Insider. Thanks:@ingridlunden
| Makena Kelly / The Verge: |
Some moderators say Nextdoor's policies don't adequately address QAnon and aren't well communicated to users; Nextdoor says it classifies QAnon as a hate group — Mods have been asking for a QAnon ban for months — For months, Nextdoor moderators have struggled with the challenge …
Tweets: @kellymakena, @kellymakena, @donie, @kellymakena, and @kellymakena
| Bloomberg: |
Sources: Poshmark is pricing its IPO at $42 per share, raising $277M, up from its $35-$39 price initially noted in an earlier filing — - Online marketplace is raising $277 million in share sale — Poshmark IPO follows trading debut by consumer lender Affirm| Anthony Capaccio / Bloomberg: |
Internal report: DoD halts deployment on classified networks of its $2B+ cybersecurity system for detecting intrusions and stopping attacks, citing poor results — - Deployment to classified systems halted, test office reveals — It couldn't stop a ‘realistic attack,’ testing chief reports
Tweets: @techjournalist and @acapaccio
| Mary Ann Azevedo / FinLedger: |
Blend, which provides tech to banks for facilitating loans, raises $300M Series G at a $3.3B valuation led by Coatue and Tiger Global Management — The round comes just five months after a $75 million Series F financing — Blend, which has developed a digital lending platform … | Anthony Ha / TechCrunch: |
E-commerce optimization startup Tradeswell raises $15.5M Series A led by SignalFire — After launching in October, Tradeswell is announcing today that it has raised $15.5 million in Series A funding. — Co-founder and CEO Paul Palmieri previously led digital ad company Millennial Media …
More:
Tradeswell
| Tom Warren / The Verge: |
Google says it has issued a fix for Android's Exposure Notifications System for COVID-19; users worldwide reported apps had slowed down significantly — The Android issues have been affecting coronavirus tracking apps worldwide — Google says it's working to investigate issues with Android apps …
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Engadget, Android Police, GitHub, Japan Today, Reuters, XDA Developers, Neowin, Android Central, and 9to5Google
Tweets: @nmsonline and @tomwarren
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