Thursday, December 11, 2025

Israeli startup Port, which offers a proprietary developer portal competitor to Spotify's open-source Backstage, raised a $100M Series C at an $800M valuation (Julie Bort/TechCrunch)

Julie Bort / TechCrunch:
Israeli startup Port, which offers a proprietary developer portal competitor to Spotify's open-source Backstage, raised a $100M Series C at an $800M valuation  —  Spotify may be synonymous with music streaming, but it's also got a wildly popular developer-tool side-hustle called “Backstage.”



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...