🕵️♂️ Weekly News Digest… The Seed #17
BigTech and Privacy, an upcoming Tech bubble and the latest unicorns!
Hello everyone! We hope you are well!
Welcome to our second Weekly News Digest, before the first "Deep Dive" Newsletter next week!
📅 Today’s program:
Tech companies’ positioning regarding privacy
An upcoming burst for the Tech bubble?
More on crypto assets
Latest Unicorns and IPOs
Privacy and Tech companies
Recently, a feud between Facebook and Apple shed light on the topic of privacy on the Internet. But other Tech giants are positioning themselves.
🕵️♀️ Google recently announced a 2-year delay for its Google Chrome privacy push, which will be released in 2023. It is supposed to limit the widespread tracking of Google Chrome users.
💬 Amazon just bought Wickr, a secure messaging app competing with Signal, that is now available for AWS users. The amount of the operation was not disclosed.
An upcoming burst for the Tech bubble?
… but is it all bad?
💻 Following their almost exponential growth during the Covid pandemic, the Tech stocks (that some call a bubble) may soon drop, as their growth will slow down as economies open up. But this will likely be temporary.
📈 While everyone fears the possible bubble in the stock market, we may believe what are the positive points in bubble creation? This article focuses on the way bubbles shape the future and create a friendly environment for entrepreneurs rethinking the world!
More on crypto assets
Crypto assets seem more popular in South America than in Asia.
🇵🇾 After El Salvador, Paraguay? A lawmaker in the South American country wants to imitate El Salvador and make Bitcoin, and possibly other cryptocurrencies, legal tenders in his country.
🇨🇳 Another China region issued a ban on crypto mining! Crypto mining is the process by which new cryptocurrencies are injected into the network, as "miners" help create the next block in the blockchain, certifying previous transactions.
Latest Unicorns and IPOs
A worldwide view on the latest fundraising and IPOs.
🚕 Chinese Driverless Taxi company WeRide closed its Series C to a $3.3B valuation. This fundraising will help the company competing against Alphabet’s Waymo.
🔗 A16Z raised a $2.2 billion fund focused on blockchain technologies, showing its strong belief in this technology. It is the third crypto-focused fund Andreessen Horowitz raises.
🇫🇷 Aircall has just raised $120M for its call center software solution, becoming the 16th French unicorn. And we believe another French unicorn is coming…
🔐 Transmit closed a record Series A with a $543M roundtable. The company reaches a 2.2B valuation to rid the world of passwords.
🚨 BuzzFeed goes public through SPAC to a 1.5B valuation.
That's it for the Weekly News Digest! Hope you enjoyed it 🙌
See you next week for the first "Deep Dive" format, which will go into detail on a specific topic to allow you to become an expert on a subject and satisfy your curiosity!