NFT hype will calm, but the concept won’t disappear, MEW founder speculates
Nonfungible tokens are all the rage right now, but how long will the fanfare last?
Online learning provider Coursera files its S-1, reports 2020 net losses widened to $66.8M, up 46% YoY, on revenue growth of $293.5M, up 59% YoY (Riley de León/CNBC)
Riley de León / CNBC:Online learning provider Coursera files its S-1, reports 2020 net losses widened to $66.8M, up 46% YoY, on revenue growth of $293.5M, up 59% YoY — – Coursera filed with the Securities and Exchange Commission to list on the New York Stock Exchange under the ticker symbol “COUR.”
Screenshots of a beta version of Fireside, Mark Cuban’s podcasting app, suggest it will be a hybrid between Spotify’s Anchor and Clubhouse (Ashley Carman/The Verge)
Ashley Carman / The Verge:Screenshots of a beta version of Fireside, Mark Cuban’s podcasting app, suggest it will be a hybrid between Spotify’s Anchor and Clubhouse — The app is in beta on iOS — Last month, The Verge broke news of Mark Cuban and Falon Fatemi’s new app Fireside, which promises to deliver a…
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Sources: digital imaging company Shutterfly has held talks to go public via SPAC at a valuation between $4B-$5B, including debt (Wall Street Journal)
Wall Street Journal:Sources: digital imaging company Shutterfly has held talks to go public via SPAC at a valuation between $4B-$5B, including debt — Discussions come less than two years after Apollo took the online-photo-book company private — Shutterfly Inc. is in talks to go public through a merger …
Sources: at least 30K US organizations have been hacked by an aggressive Chinese espionage group exploiting unpatched flaws in Microsoft’s Exchange Server (Brian Krebs/Krebs on Security)
Brian Krebs / Krebs on Security:Sources: at least 30K US organizations have been hacked by an aggressive Chinese espionage group exploiting unpatched flaws in Microsoft’s Exchange Server — At least 30,000 organizations across the United States — including a significant number of small businesses, towns …
GM & LG Energy Solution Plan Second US Battery Factory
News reports suggest GM and LG Energy Solution are planning a second battery factory joint venture, this time in Tennessee.
A look at surveillance apps Shadowtrack and SmartLink, which are used by states and ICE as parole apps replacing GPS ankle bracelets (Todd Feathers/The Guardian)
Todd Feathers / The Guardian:A look at surveillance apps Shadowtrack and SmartLink, which are used by states and ICE as parole apps replacing GPS ankle bracelets — Is smartphone tracking a less intrusive reward for good behaviour or just a way to enrich the incarceration industry? — n 2018, William Frederick Keck …
Bitcoin mining startup Bitfury merges with a SPAC to create a US-based company called Cipher Mining, raising $595M at a valuation of $2B (Kevin Reynolds/CoinDesk)
Kevin Reynolds / CoinDesk:Bitcoin mining startup Bitfury merges with a SPAC to create a US-based company called Cipher Mining, raising $595M at a valuation of $2B — The mining SPAC has an expected value of $2 billion. — Cipher Mining Technologies, a newly formed U.S.-based bitcoin mining operation formed …
Pitchbook: the median pre-investment valuation for a Series A round in the US has increased sixfold to $37M since 2010 (Kate Clark/The Information)
Kate Clark / The Information:Pitchbook: the median pre-investment valuation for a Series A round in the US has increased sixfold to $37M since 2010 — Financial software developer Orum, which disclosed a seed round over the summer, wasn’t seeking more capital when Bain Capital Ventures offered to lead its Series A investment last year.
Eco, a personal finance app that offers yields of 2.5% to 5% and cash-backs for shopping at Amazon, Uber, and Doordash, raises $26M led by a16z crypto (Robert Hackett/Fortune)
Robert Hackett / Fortune:Eco, a personal finance app that offers yields of 2.5% to 5% and cash-backs for shopping at Amazon, Uber, and Doordash, raises $26M led by a16z crypto — Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today.