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Sunday, 31 October 2021
India-based grocery delivery startup Zepto emerges from stealth with $60M from Glade Brook Capital, Nexus, Y Combinator, and others (Manish Singh/TechCrunch)
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YouTube's mistaken deletion of a channel belonging to UK news outlet Novara Media draws criticism over the company's power as a content regulator (Adam Satariano/New York Times)
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Can we stomach the latest emerging food innovations? Our growing appetite for novel food tech - from lab grown meat to nano-packaging. November 01, 2021 at 05:31AM
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After a three-day outage, Roblox says it has begun incrementally restoring service to some players (Zack Zwiezen/Kotaku)
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Estimate: Apple's iOS App Tracking Transparency policy has cost Snap, Facebook, Twitter, and YouTube almost $10B in combined ad revenues so far (Patrick McGee/Financial Times)
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Industry and government officials say Gaia-X, a project to reduce EU's cloud dependency on US tech giants, is hamstrung by infighting and bloated bureaucracy (Politico)
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Experts say sourcing chips has turned almost into a lottery amid the global chip shortage, as wait times have ballooned to 22 weeks as of October (Wall Street Journal)
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Saturday, 30 October 2021
Beijing-based Huice, a SaaS provider that helps e-commerce businesses manage orders and more, raises a $312M Series D led by SoftBank Vision Fund 2 (Eudora Wang/DealStreetAsia)
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BackBox, which provides companies with network automation, security, and management software, raises $32M Series A led by Elsewhere Partners (Kyle Wiggers/VentureBeat)
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In 2018, Oculus' Jason Rubin sent a paper to Facebook execs laying the foundation for Meta's ambitions and detailing the need to own the VR market (Salvador Rodriguez/CNBC)
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Profile of barbershop booking app Squire, which is on track to triple its revenue to $12M in 2021 after raising $60M at a $750M valuation in July (Amy Feldman/Forbes)
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A look at student activity monitoring software GoGuardian, whose usage in US schools exploded during lockdowns as some say it adds to kids' psychological strain (Bloomberg)
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Roblox has been down since about 7PM ET Oct. 28, with some speculating that the outage may be related to a Chipotle promotion, but the company denies a link (Tom Warren/The Verge)
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Q&A with EIC Nilay Patel on The Verge's 10th anniversary, tech media's advance from early breathless gadget reviews, subject-source relationships, and more (Delia Cai/Vanity Fair)
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How the rhetoric surrounding techno-globalism has shifted, from countries advocating for a free, open internet to imposing limits to protect national interests (Foreign Affairs)
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Wikipedia in Chinese editing war of words A ban on some pro-Beijing "editors" may lead to bias in the online encyclopaedia, some people fear. October 30, 2021 at 05:17AM
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Meta's promised metaverse is going to be boring and is meant to distract us from the world that Facebook helped break (Ethan Zuckerman/The Atlantic)
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Friday, 29 October 2021
Meta is just playing catch-up as Roblox, Steam VR, VRChat, and other platforms have already developed metaverse-like experiences (Gene Park/Washington Post)
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Advocates for the blind say DMCA exemptions to break ebook DRM for accessibility should be permanent, rather than having to be renewed every three years (Damon Beres/Wired)
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Indian online beauty products retailer Purplle raises a $75M Series E led by Kedaara Capital at a $630M valuation (Saritha Rai/Bloomberg)
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Chinese smart home devices maker Aqara raises a $155M Series C from investors including state-backed Shenzhen Capital and China Telecom (Liya Su/DealStreetAsia)
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Facebook's metamorphosis - will it work? Will Mark Zuckerberg's bet on a new name and the metaverse succeed? October 30, 2021 at 08:38AM
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Chinese ride-sharing startup T3 raises a $1.2B Series A led by state-backed conglomerate CITIC Group, as rival Didi faces a regulatory crackdown (Nikkei Asia)
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Meta acquires Within, the company behind VR fitness game Supernatural; Within will continue working on the game and help Meta improve future VR hardware (Mitchell Clark/The Verge)
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Interview with Intel CEO Pat Gelsinger and CTO Greg Lavender on IBM partnership, how new transistor architectures could help outpace Moore's law, and more (Dr. Ian Cutress/AnandTech)
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Two Netflix employees who openly criticized Netflix's support of Dave Chappelle's comedy special have filed charges with the NLRB, claiming retaliation (Zoe Schiffer/The Verge)
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Online course provider Udemy closes down 5.2% on its first day of trading, after raising $421M in its US IPO at a $4.3B+ valuation (Bloomberg)
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Nick Clegg, Amy Klobuchar, Josh Hawley, Chris Hughes, Clay Shirky, and others on how to reform social media platforms and limit their harm (Wall Street Journal)
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Microsoft had a nearly $2.49T market cap at close on Friday, passing Apple's $2.46T market cap to become the world's most valuable public company (Samantha Subin/CNBC)
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A look at a16z's crypto lobbying and draft legislation it is circulating in DC, which some worry may create regulatory loopholes for its portfolio companies (New York Times)
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The moment Facebook became Meta Meta, the rebranded Facebook, made its debut at the company’s headquarters with a new sign today. October 29, 2021 at 03:22AM
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GAO sustains a Microsoft protest and asks NSA to reevaluate the award of a secret cloud computing contract worth up to $10B to AWS (Frank Konkel/Nextgov)
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Thursday, 28 October 2021
The Facebook View app on iOS contains an image of a potential Meta smartwatch, which has a front-facing camera, rounded screen, and a detachable wrist strap (Mark Gurman/Bloomberg)
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Swap, a São Paulo-based BaaS startup that helps clients manage their financial operations via its APIs, raises a $25M Series A led by Tiger Global (Mary Ann Azevedo/TechCrunch)
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Zendesk announces agreement to acquire Momentive, which owns SurveyMonkey, in an all-stock deal worth nearly $4B; Zendesk stock down 14%+ (Reuters)
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Facebook announces Project Nazare, the codename for its first consumer AR glasses, and showed a demo video while acknowledging Nazare is still "a few years out" (Jamie Feltham/UploadVR)
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Why the vending machine is making a comeback From milkshakes to pizzas, new vending machines are selling an expanding range of products. October 29, 2021 at 04:38AM
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Apple's Q4 sales in Greater China rose 83% to $14.56B, Americas up 20% to $36.82B, Europe grew 23% to $20.79B, and paid subscriptions grew to 745M, up 160M YoY (Tiernan Ray/ZDNet)
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Amazon reports Q3 revenue of $8.09B for its "other" segment, which mostly covers its ads business, up 50% YoY, and $8.15B for subscription services, up 24% YoY (Todd Spangler/Variety)
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Apple reports Q4 Mac revenue of $9.18B, up 1.6% YoY, and iPad revenue of $8.25B, up 21.4% YoY, and says supply chain issues cost the company ~$6B in the quarter (Kif Leswing/CNBC)
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Apple misses with Q4 revenue of $83.4B, up 29% YoY, vs $84.85B est., iPhone revenue of $38.87B, up 47% YoY, services revenue of $18.3B, up 25.6%; stock down 5%+ (Apple)
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Amazon misses with Q3 revenue of $110.8B, up 15% YoY, vs $111.6B est., net income of $3.2B, down from $6.3B YoY, AWS net sales of $16.1B, up 39%; stock down 4%+ (About Amazon)
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Andrew Bosworth says the Oculus brand is going away starting in early 2022, changing Oculus Quest to Meta Quest and Oculus App to Meta Quest App (Andrew Bosworth)
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Meme-based coin Shiba Inu rose about 160% this week, briefly surpassing dogecoin to become the eighth biggest cryptocurrency by market cap (Reuters)
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