Techmeme
November 18, 2021, 6:20 AM

Top News

Daniel Howley / Yahoo Finance:
Nvidia beats with record Q3 revenue of $7.1B vs. $6.82B estimated, up 50% YoY, Gaming revenue of $3.22B, up 42%, and Data Center revenue of $2.94B, up 55%  —  Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday beating analysts' predictions on the top and bottom line as revenue jumped 50% year-over-year.
Manish Singh / TechCrunch:
Paytm falls ~20% in its trading debut in India, giving it a market valuation of $14.9B, after raising $2.5B in its IPO  —  A decade ago, Vijay Shekhar Sharma flew to Hong Kong to attend an All Things D conference.  At the event, he watched Silicon Valley executives Jack Dorsey and Brian Chesky talk about the firms they were building.
Ian Sherr / CNET:
Apple announces Self Service Repair, a program starting next year that will publish repair manuals, let customers buy parts and tools, and more  —  The tech giant says it will publish repair manuals and allow everyday customers to buy the same parts and tools certified technicians and repair shops use.
Sarah Perez / TechCrunch:
Instagram says it is shutting down its standalone mobile messaging app Threads by December 31  —  Instagram's standalone messaging app Threads is shutting down.  The app will no longer be supported by the end of December 2021, the company confirmed to TechCrunch after reports began circulating …
Mark Gurman / Bloomberg:
Cher Scarlett, a leader of #AppleToo, is leaving Apple and will withdraw her NLRB complaint after reaching a settlement  —  Cher Scarlett, an Apple Inc. employee who created a protest movement within the company over pay transparency and other workplace issues, is leaving the iPhone maker after reaching a settlement.
Shannon Liao / Washington Post:
A group of shareholders owning less than 1% of Activision Blizzard calls for CEO Bobby Kotick and two of its longest serving board members to resign  —  A day after Activision Blizzard employees staged a walkout and called for the resignation of CEO Bobby Kotick and several other executives …
Shannon Liao / Washington Post:
Sarah Perez / TechCrunch:
Spotify expands Podcast Subscriptions globally with 20 price points from $0.50 to $150 and will let creators download subscribers' contact info  —  Just a few months after launching support for podcast subscriptions to U.S. creators, Spotify today is making the service available to creators in global markets.
Mitchell Clark / The Verge:
Apple releases iOS 15.1.1 to solve an issue with dropped calls on iPhone 12 and 13 models  —  iOS 15.1.1 promises improvements to the smartphones' phone  —  A new iOS update is starting to hit phones — no, not the seemingly feature-packed iOS 15.2, but iOS 15.1.1, which Apple says will solve an issue with calls dropping.
Katie Roof / Bloomberg:
Marketing management software startup Braze jumps 44% in its Nasdaq debut, after raising $520M in its IPO, at an $8.4B valuation  —  - CEO credits first-day gain of 44% to roadshow going well  — Braze reaches diluted value of more than $9.6 billion  —  Customer engagement software …
Aisha Malik / TechCrunch:
Grammarly, which helps users improve their writing with its AI assistant, raises $200M at a $13B valuation  —  Grammarly, the popular auto-editing tool for writing, has raised $200 million in funding at a $13 billion valuation from new investors including Baillie Gifford and funds and accounts managed by BlackRock, among others.
More: Grammarly Blog, VentureBeat, and CNBC
Tweets: @ms_zamandlovu and @pt
Kate Park / TechCrunch:
Australia-based Practice Ignition, which offers client engagement and commerce services for businesses, raises a $50M Series C led by JMI Equity  —  Practice ignition, an Australia-based client engagement and commerce platform for professional service businesses, has raised $50 million …
Nilay Patel / The Verge:
Q&A: Brian Chesky on how he restructured Airbnb during the pandemic, running a public company, crypto, the metaverse, working with Jony Ive's LoveFrom, and more  —  Airbnb CEO Brian Chesky prides himself on thinking very differently than other CEOs, and his answers to the Decoder questions …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS  —  Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered.  In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Fri. 12/20 - Gemini Flash Thinking
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:20 AM ET, November 18, 2021.

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

Emma Roth / The Verge:

Earlier Picks

Peter Guest / Rest of World:
Kyle Wiggers / VentureBeat:
Bloomberg:
Sam Dean / Los Angeles Times:
Todd Spangler / Variety: