Day: March 24, 2021

Interviews with 14 current and former Medium employees portray a dysfunctional company; Medium started 2021 with 700K paid subs, on track for $35M+ in revenue (Casey Newton/The Verge)

Casey Newton / The Verge:Interviews with 14 current and former Medium employees portray a dysfunctional company; Medium started 2021 with 700K paid subs, on track for $35M+ in revenue  —  I.  —  Last week, a partnerships manager at Medium working with the White House found that there was a strange problem with the platform … …

Interviews with 14 current and former Medium employees portray a dysfunctional company; Medium started 2021 with 700K paid subs, on track for $35M+ in revenue (Casey Newton/The Verge) Read More »

Cloud infrastructure service DigitalOcean closed 10% down at $42.50 in its market debut, after pricing shares at $47, valuing the company at $4.48B (Jordan Novet/CNBC)

Jordan Novet / CNBC:Cloud infrastructure service DigitalOcean closed 10% down at $42.50 in its market debut, after pricing shares at $47, valuing the company at $4.48B  —  – DigitalOcean raised $775 million in its initial public offering.  — Unlike larger cloud rivals, the company hasn’t built … Source: http://www.techmeme.com/210324/p48#a210324p48

Report: Apple updates factory guidelines to prevent leaks, including criminal background checks on workers, surveillance cameras, and component tracking (Chance Miller/9to5Mac)

Chance Miller / 9to5Mac:Report: Apple updates factory guidelines to prevent leaks, including criminal background checks on workers, surveillance cameras, and component tracking  —  Apple has made several changes to its factory security guidelines to help prevent leaks, according to a new report from The Information. Source: http://www.techmeme.com/210324/p33#a210324p33

Australia-based Airwallex, which helps businesses manage cross-border payments and financing, extends its Series D by $100M to $300M, at a valuation of $2.6B (Catherine Shu/TechCrunch)

Catherine Shu / TechCrunch:Australia-based Airwallex, which helps businesses manage cross-border payments and financing, extends its Series D by $100M to $300M, at a valuation of $2.6B  —  Airwallex, the fintech company for cross-border businesses, announced today it has added $100 million more to its Series D round, bumping its valuation up to $2.6 billion. Source: …

Australia-based Airwallex, which helps businesses manage cross-border payments and financing, extends its Series D by $100M to $300M, at a valuation of $2.6B (Catherine Shu/TechCrunch) Read More »