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December 27, 2021, 10:30 PM
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| Khadeeja Safdar / Wall Street Journal: |
Profile of Gloo, which has ~245M profiles on Americans and is used by 30K+ churches, or 10% of US churches, to target ad campaigns at people facing a crisis — A small company called Gloo mines online data for people who might be receptive to evangelizing and church outreach — Struggling with grief?| Kieran Press-Reynolds / Insider: |
A TikTok moderator sues the company for an unsafe workplace that gave her PTSD; her lawyer says TikTok stopped her from working a day after the suit was filed — - A TikTok content moderator is suing the company, alleging it did not provide a safe workplace.
More:
Gizmodo, PetaPixel, New York Post, and The Verge
Tweets: @klosjaarrr, @notdan, @hypervisible, @louisathelast, @bioturbonick, and @carnage4life
| Bloomberg: |
China imposes new restrictions on offshore IPOs that use variable interest entities (VIEs), aiming to close a loophole used by tech and other industries — - Rule would hit new listings via the so-called VIE structure — China has stepped up scrutiny of foreign tech listings
More:
PingWest and Financial Times
| Financial Times: |
Sources: Didi bans current and former employees from selling shares indefinitely; Didi has lost ~60% of its market value, or ~$38B, since its NYSE IPO in June — Chinese ride-hailing group extends lock-up period after moving to delist from New York — Didi Chuxing has barred current … | Joanna Glasner / Crunchbase News: |
Most VC-backed startups that went public via a SPAC in 2021 have seen their stock drop; Metromile, View, Owlet, and Clover Health are among the worst performers — The overwhelming majority of venture-backed companies that went public via special-purpose acquisition companies, or SPACs …
Tweets: @bigblackjacobin and @martinsfp
| sreegs: |
Ex-Tumblr iOS engineer details the company's difficulties with App Store adult content policies, as communication among reviewers, devs, and Apple is discordant — Old posts in the archive — alright let's talk about Apple and Tumblr's current predicament.
More:
Reclaim The Net. Tweets: @foone, @benjanun_s, @freyjaerlings, @matthewdaddario, @finduilasclln, @matthewdaddario, @ponettplus, @ponettplus, @em_aytch, @hbmmaster, @hbmmaster, @hbmmaster, @punished3liza, @hbmmaster, @em_aytch, @hbmmaster, @spacetwinks, @os_mote, @hutch2muchowo, @rayoverweij, @spacetwinks, @punished3liza, @punished3liza, @punished3liza, @carnage4life, @em_aytch, @verticalblank, @hbmmaster, @foone, @expensive_hoe, @elloitts, @tendership, @foone, @expensive_hoe, @miyoung, @foone, @foone, @kitcase3, @punished3liza, @punished3liza, @hbmmaster, @carnage4life, and @foone
| Balaji Srinivasan: |
Exploring the concept of mirrortables, where a company's cap table is mirrored on-chain with Ethereum and ENS or other Web3 tools, to streamline angel investing — Mirrortables are to cap tables what stablecoins are to fiat currencies. They streamline and internationalize the logistical mess of angel investing.
Tweets: @balajis, @brian_armstrong, @kskgroup2017, @arpitrage, @chrisalbon, @kevinweil, @scottbelsky, @balajis, @ericbahn, @akothari, @carnage4life, @vjgtweets, @punk6529, and @balajis
| Leah Nylen / Politico: |
An overview of the efforts by Google, Apple, and Amazon to offer their technology and services for connected cars — When Ford announced that starting in 2023 its cars and trucks would come with Google Maps, Assistant and Play Store preinstalled, CEO Jim Farley called the partnership between …
More:
9to5Mac, iPhone in Canada Blog, and Slashdot
Tweets: @aaronbuley, @hypervisible, @chelseycolbert, @aricohn, and @tombamonte
| David McCabe / New York Times: |
A look at OneTrust, BigID, TrustArc, and other startups helping companies navigate the internet's increasingly fragmented rules and privacy regulations — Companies have sprouted up to help others navigate the varied laws around the world governing websites.
Tweets: @dmccabe, @paulnemitz, @nytimesbusiness, @jeffjarvis, and @jkosseff
| Wall Street Journal: |
PitchBook: nearly 340 startups have privately raised money at $1B+ valuations in 2021, more than triple the total from 2020 — SPACs and venture capitalists are plowing money into startups at record rates, looking past worries about lofty valuations — Investors are defying a share-price slump …
Tweets: @julianklymochko, @amrithramkumar, @maxjacobsedison, @eliotwb, and @kushkatakia
| Robert Stevens / Decrypt: |
OpenDAO airdrops SOS token for users of OpenSea's NFT marketplace; the token, unaffiliated with OpenSea, is up ~10x in two days as watchers debate its prospects — In brief — SOS is an airdrop from OpenDAO, distributed to people who have spent money on OpenSea transactions.| Eric Ravenscraft / Wired: |
A critique of much-hyped crypto-based virtual real estate projects, such as Decentraland, which are often buggy, empty, and lack moderation tools — The “real estate of the future” is plagued by buggy software, empty servers, and huge opportunities for abuse.
Tweets: @malwarejake, @dlberes, @matt_on_tech, and @agraylin
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