Wednesday, December 1, 2021

Elon Musk warns employees of potential SpaceX bankruptcy

SpaceX CEO Elon Musk in an email to his company's employees asked them to work over the weekend on SpaceX's Raptor engine as the company faces "genuine risk of bankruptcy" unless it speeds up the production. https://ift.tt/3EjGIOg

Everything You Need to Know About Money Heist Season 5 Volume 2

The final five episodes of Money Heist Season 5, Volume 2, will drop on Netflix on December 3 at 1:30pm IST. Watch the Money Heist Season 5 Volume 2 trailer within and discover the full cast. https://ift.tt/32Pncex

You Could Buy This Italian Superyacht With Cryptocurrency or NFTs

VIANNE, an Italian luxury yacht on sale, can now be bought with crypto and NFT payments. The buyer will have to deposit 10 percent of the price in fiat currency, after which the payment can be... https://ift.tt/3rmBvl3

HP Leads PC, Apple Tops Tablet Segment in Western Europe in Q3 2021: Canalys

Western Europe's PC market has reportedly seen a sixth consecutive quarter of growth with HP in the lead in Q3 2021. The tablet segment took a hit but Apple has maintained its lead in the quarter. https://ift.tt/3Ddc5sr

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

A look at Google's pressure-filled 2024 under Sundar Pichai, notching some AI wins with new Gemini models and navigating product mishaps, layoffs, and more (Jennifer Elias/CNBC)

Jennifer Elias / CNBC : A look at Google's pressure-filled 2024 under Sundar Pichai, notching some AI wins with new Gemini models and...