Daily Archives: December 15, 2021

Mike Isaac / New York Times: Reddit, home to more than 100K active communities visited by 50M+ people every day, has raised more than $1B in private capital and was last valued at $10B+  —  Reddit announced on Wednesday that it had confidentially filed paperwork for an eventual public offering […]

Aditya Kalra / Reuters: ShareChat, a social network offered in 15 Indian languages, raises $266M led by Alkeon Capital at a $3.7B valuation  —  Indian content-sharing platform ShareChat on Thursday said it had raised $266 million in fresh funding from U.S.-based Alkeon Capital and some existing investors, pushing its valuation […]

Nilay Patel / The Verge: Q&A with CEO John Hanke on Niantic’s Lightship platform for building AR apps, why VR is an easier tech problem to solve than AR, the metaverse, and more  —  John Hanke is the CEO of Niantic, a company that makes the wildly popular Pokémon Go […]

Electronic Frontier Foundation: Google’s Manifest V3 rules for Chrome extensions won’t stop malware, but will hurt innovation, reduce capabilities, and harm performance  —  It’s been over two years since our initial response to Google’s Manifest V3 proposal.  Manifest V3 is the latest set of changes to the Chrome browser’s rules […]

Mark Gurman / Bloomberg: Apple closes three retail stores in Miami, Annapolis and Ottawa, Canada amid rising COVID cases, after restoring mask mandate across its US stores on Tuesday  —  – Company is closing locations in Miami, Maryland and Ottawa  — Cases and exposure among Apple’s employees spurred the move

Reddit: Reddit confidentially files its S-1 with the SEC for an IPO; the number of shares to be offered and the price range have yet to be determined  —  Reddit, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange […]

Sarah Perez / TechCrunch: Amazon says it will reduce its Alexa skills commission from 30% to 20% for developers who earn less than $1M per year, starting in Q2 2022  —  Amazon is joining other tech giants by lowering its cut of developer revenue generated by voice apps, known as […]

Kenrick Cai / Forbes: Sources: dbt Labs, which develops an open source data analytics tool, is in talks to raise a Series D at a $6B valuation, following a $1.5B valuation in June  —  In June, data startup Fishtown Analytics became a unicorn and rebranded itself Dbt Labs, after its […]

Sarah Perez / TechCrunch: Google launches Qaya, its latest project from in-house incubator Area 120, which helps US creators set up online storefronts to sell directly to customers  —  A team at Google is today launching a new service called Qaya, which will allow creators to easily set up new […]

Bloomberg: Samsara, which offers tools to manage IoT sensors in vehicle fleets, closes up 7.4% in its NYSE debut for a $12B+ valuation, after raising $805M in its IPO  —  Samsara Inc., adding to a record year for software listings, rose 7.4% in its trading debut after raising $805 million […]