Wednesday, December 1, 2021

Brazilian neobank Nubank lowers its IPO range from $10-$11 to $8-$9, targeting a $41.5B valuation and raising up to $2.6B (Michael Pooler/Financial Times)

Michael Pooler / Financial Times:
Brazilian neobank Nubank lowers its IPO range from $10-$11 to $8-$9, targeting a $41.5B valuation and raising up to $2.6B  —  Implied $41.5bn valuation would make lender most valuable financial institution in its home country  —  Nubank has scaled back its planned initial public offering in New York …



Niels Juul, who produced Scorsese's The Irishman, launches NFT Studios and plans to raise $8M-$10M to fund a feature film by selling 10,000 NFTs (Mark Sweney/The Guardian)

Mark Sweney / The Guardian:
Niels Juul, who produced Scorsese's The Irishman, launches NFT Studios and plans to raise $8M-$10M to fund a feature film by selling 10,000 NFTs  —  Niels Juul hopes to raise up to $10m and says he wants to ‘democratise’ antiquated funding system  —  The executive producer behind blockbusters …



Facebook, Instagram remove over 18.8 million content pieces in India in October

Meta, the newly-formed parent company of Facebook and its family of apps, on Wednesday said that it has removed over 18.8 million pieces of content in October on Facebook and Instagram in India, as it faces intense scrutiny over user data privacy. https://ift.tt/3FYjmOg

Hawkeye Episode 3 Recap: For Echo and Ronin, It's All About Family

Hawkeye episode 3 review and recap: Clint Barton (Jeremy Renner) and Kate Bishop (Hailee Steinfeld) run from Maya Lopez (Alaqua Cox) and the Tracksuit Mafia. Hawkeye episode 3 now streaming on Disney+... https://ift.tt/3oabyTw

Apple Music Lists Top Songs, Albums of 2021; BTS's Dynamite is the Most-Streamed Track

Apple Music has announced its most listened songs and albums of the year in its annual Top 100 charts. Dynamite by the South Korean band BTS has been selected as the most-played song on the streaming... https://ift.tt/3llzH7N

Nokia 9 PureView Won't Get Android 11 Update, Says Company

Nokia 9 PureView will not receive the Android 11 update, according to an official statement released on the company's Polish website. https://ift.tt/3rqTDdh

Sources: Indian food delivery service Swiggy is raising $600M-$700M at a $10.5B valuation led by Invesco, up from $5.5B in April (Bloomberg)

Bloomberg:
Sources: Indian food delivery service Swiggy is raising $600M-$700M at a $10.5B valuation led by Invesco, up from $5.5B in April  —  Indian food delivery service Swiggy is raising $600 million to $700 million in a round led by Invesco that's due to close this month, according to people with knowledge of the matter.



GlobalFoundries reports Q3 net revenue rose 56% YoY to $1.7B as profit reached $5M, up from a $293M loss YoY, in its first post-IPO earnings report (Maria Armental/Wall Street Journal)

Maria Armental / Wall Street Journal:
GlobalFoundries reports Q3 net revenue rose 56% YoY to $1.7B as profit reached $5M, up from a $293M loss YoY, in its first post-IPO earnings report  —  The financial report was the company's first as a public company, which started trading publicly in October



Spain-based Jobandtalent, a marketplace matching temps with employers, raises a $500M Series E at a $2.35B post-money valuation led by Kinnevik (Natasha Lomas/TechCrunch)

Natasha Lomas / TechCrunch:
Spain-based Jobandtalent, a marketplace matching temps with employers, raises a $500M Series E at a $2.35B post-money valuation led by Kinnevik  —  Spain's Jobandtalent, a “workforce marketplace”-cum-digital temping agency which uses AI to match workers to casual labor gigs in sectors like warehousing …



Crypto.com says it plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash (Joanna Ossinger/Bloomberg)

Joanna Ossinger / Bloomberg:
Crypto.com says it plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash  —  - Small Exchange is backed by Citadel, Peak6, Jump Capital  — Cash deal is expected to be completed in first half of 2022



Pixel 6, Pixel 6 Pro Not Charging With Some USB Chargers, Users Complain

Pixel 6 and Pixel 6 Pro are not charging when using a regular USB Type-C cable and charger, some users have complained online. The affected users have raised the issue on Google Pixel Phone Help... https://ift.tt/3xDsXr2

iPhone SE (2022) May Arrive in Q1 2022 With Familiar Design, 5G Support

iPhone SE (2022) could feature 5G connectivity and arrive in the first quarter of 2022, according to a report by market research firm TrendForce. The iPhone SE (2020) successor, also dubbed iPhone SE... https://ift.tt/3xIeHxd

Bank of England's Governor Has Concerns Over Bitcoin Use in El Salvador

BoE chief Andrew Bailey has expressed concerns regarding the volatility of the crypto market and has questioned if Salvadorans are even aware of the risks. https://ift.tt/3d9xJ62

Arizona's Maricopa County is set to have the second largest concentration of US data centers by 2028, as the state races to increase electricity production (Pranshu Verma/Washington Post)

Pranshu Verma / Washington Post : Arizona's Maricopa County is set to have the second largest concentration of US data centers by 202...