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Showing posts from April, 2021

Mux, an API-based video streaming and analytics service, raises $105M Series D led by Coatue, at a valuation of $1B+, bringing its total raised to $175M (Anthony Ha/TechCrunch)

Anthony Ha / TechCrunch: Mux, an API-based video streaming and analytics service, raises $105M Series D led by Coatue, at a valuation of $1B+, bringing its total raised to $175M  —  Barely more than eight months after announcing a $37 million funding round, Mux has another $105 million. https://bit.ly/332Wtb0

English soccer and cricket clubs and other sporting bodies begin a four-day boycott of Twitter, Facebook, and Instagram, protesting abuse on the platforms (BBC)

BBC: English soccer and cricket clubs and other sporting bodies begin a four-day boycott of Twitter, Facebook, and Instagram, protesting abuse on the platforms  —  Football clubs, players, athletes and a number of sporting bodies have begun a four-day boycott of social media in an attempt … https://bit.ly/3e4hUir

Experts detail how Apple AirTags can be used by an abuser to discreetly track a partner despite built-in protections, especially when victims are not iOS users (Mark Wilson/Fast Company)

Mark Wilson / Fast Company: Experts detail how Apple AirTags can be used by an abuser to discreetly track a partner despite built-in protections, especially when victims are not iOS users  —  AirTags are powerful surveillance technology.  And the National Network to End Domestic Violence believes Apple has more work to do to fix them. https://bit.ly/3nz0Ynj

Amazon says AWS had Q1 revenue of $13.50B, 32% growth YoY and 28% growth QoQ, beating estimates and contributing $4.16B to operating income (Jordan Novet/CNBC)

Jordan Novet / CNBC: Amazon says AWS had Q1 revenue of $13.50B, 32% growth YoY and 28% growth QoQ, beating estimates and contributing $4.16B to operating income  —  - Amazon Web Services revenue growth accelerated in the first quarter even as the segment leads the cloud infrastructure market. https://bit.ly/3eDaa62

US Labor Secretary says most gig workers should be classified as employees deserving of related benefits; shares of Uber, Lyft, and DoorDash are down sharply (Nandita Bose/Reuters)

Nandita Bose / Reuters: US Labor Secretary says most gig workers should be classified as employees deserving of related benefits; shares of Uber, Lyft, and DoorDash are down sharply  —  WASHINGTON (Reuters) - President Joe Biden's top labor official said most gig workers in the United States should be classified as … https://bit.ly/3nxTz7K

Berlin-based digital asset custody and financial services provider Finoa raises $22M Series A led by Balderton Capital (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch: Berlin-based digital asset custody and financial services provider Finoa raises $22M Series A led by Balderton Capital  —  Institutions need to keep their crypto assets somewhere.  And they aren't going to keep it on some random, or consumer-grade crypto operation.  This requires more sophisticated technology. https://bit.ly/3gOVQdd

Apple says it has 660M subscriptions across its platform; Apple Q2 Services revenue hit a record $16.9B, up from $13.3B a year ago (Alex Weprin/Hollywood Reporter)

Alex Weprin / Hollywood Reporter: Apple says it has 660M subscriptions across its platform; Apple Q2 Services revenue hit a record $16.9B, up from $13.3B a year ago  —  The tech giant's overall revenue hit $89.6 billion, up 54 percent from a year prior.  —  Apple's services business is off to a hot start in 2021. https://bit.ly/3eL1drA

Splitwise, which helps groups split expenses, raises $20M Series A, says its tens of millions of users have shared or managed bills totaling ~$90B since 2011 (Alex Wilhelm/TechCrunch)

Alex Wilhelm / TechCrunch: Splitwise, which helps groups split expenses, raises $20M Series A, says its tens of millions of users have shared or managed bills totaling ~$90B since 2011  —  This morning Splitwise, a Providence, Rhode Island-based startup announced that it has closed a $20 million Series A. https://bit.ly/2PwMN5H

Analysis of a password dump containing 3.28B leaked passwords, which includes 1.5M+ passwords associated with government email addresses from around the world (Syhunt)

Syhunt: Analysis of a password dump containing 3.28B leaked passwords, which includes 1.5M+ passwords associated with government email addresses from around the world  —  Paper by Felipe Daragon and Syhunt Team.  April 26.  2021  —  OUR ANALYSIS  —  Following customer and media requests … https://bit.ly/2PxrdOs

Pinterest misses on user growth in Q1, with 478M MAUs vs. 480.5M est., as revenue beats, with $485M, up 78% YoY, vs. $474M est.; stock down ~10% after hours (Salvador Rodriguez/CNBC)

Salvador Rodriguez / CNBC: Pinterest misses on user growth in Q1, with 478M MAUs vs. 480.5M est., as revenue beats, with $485M, up 78% YoY, vs. $474M est.; stock down ~10% after hours  —  - Shares of Pinterest dropped as much as 10% in after-hours trading on Tuesday after it missed on user growth expectations in its first-quarter earnings. https://bit.ly/3vq9s2R

Iterable, which offers SMS, email, and app notification growth marketing services and is valued at ~$2B, ousts CEO for taking LSD before a board meeting in 2019 (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg: Iterable, which offers SMS, email, and app notification growth marketing services and is valued at ~$2B, ousts CEO for taking LSD before a board meeting in 2019  —  Marketing startup Iterable Inc. dismissed its chief executive officer over violations of company policy, Iterable said in a note to employees on Monday. https://bit.ly/3xsLzcO

A look at the risks posed by data, including geolocation, harvested from common apps for phones belonging to US intelligence officers and military personnel (Byron Tau/Wall Street Journal)

Byron Tau / Wall Street Journal: A look at the risks posed by data, including geolocation, harvested from common apps for phones belonging to US intelligence officers and military personnel  —  Apps show troop movements buried in data available for purchase: ‘a major risk to national security’ https://bit.ly/3eyjJTL

Lyft says it is selling its self-driving unit, called Lyft Level 5 with ~300 employees, to Toyota's Woven Planet Holdings subsidiary for $550M (Kirsten Korosec/TechCrunch)

Kirsten Korosec / TechCrunch: Lyft says it is selling its self-driving unit, called Lyft Level 5 with ~300 employees, to Toyota's Woven Planet Holdings subsidiary for $550M  —  Ride-hailing company Lyft has sold off its autonomous vehicle unit to Toyota's Woven Planet Holdings subsidiary for $550 million … https://bit.ly/3ve7Wki

Facebook rolls out a miniplayer that will allow Facebook users to stream music and podcasts from Spotify through the Facebook app on iOS or Android (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Facebook rolls out a miniplayer that will allow Facebook users to stream music and podcasts from Spotify through the Facebook app on iOS or Android  —  Facebook announced last week an expanded partnership with streaming music service Spotify that would bring a new way to listen to music … https://bit.ly/2R2WYPz

upGrad, an online education startup focused on the post K-12 space, raises $120M from Singapore's sovereign fund Temasek, sources say at a $575M-$675M valuation (Kaavya Chandrasekaran/The Economic Times)

Kaavya Chandrasekaran / The Economic Times: upGrad, an online education startup focused on the post K-12 space, raises $120M from Singapore's sovereign fund Temasek, sources say at a $575M-$675M valuation  —  Education technology startup upGrad, promoted by media entrepreneur Ronnie Screwvala, said it has raised $120 million … https://bit.ly/3nkAkyx

Survey finds direct correlation between the percentage of someone's net worth invested in crypto and negative impacts to their personal relationships (Joanna Ossinger/Bloomberg)

Joanna Ossinger / Bloomberg: Survey finds direct correlation between the percentage of someone's net worth invested in crypto and negative impacts to their personal relationships  —  - A greater portion of assets in crypto makes issues more likely  — Big gains or losses of money can have an effect: analyst https://bit.ly/3nk0IbA

Affirm to acquire Returnly, a software startup that allows retailers to offer store credit before an item is returned, for $300M in a cash and equity deal (Anna Hensel/Modern Retail)

Anna Hensel / Modern Retail: Affirm to acquire Returnly, a software startup that allows retailers to offer store credit before an item is returned, for $300M in a cash and equity deal  —  Buy now, pay later startup Affirm is looking to acquisitions to gain an edge over its competitors. https://bit.ly/3dPXGZJ

Cherre, which uses AI to index and analyze real estate data from disparate public and private sources, raises $50M Series B, bringing total raised to $75M (Duncan Riley/SiliconANGLE)

Duncan Riley / SiliconANGLE: Cherre, which uses AI to index and analyze real estate data from disparate public and private sources, raises $50M Series B, bringing total raised to $75M  —  Real estate data management and analytics startup Cherre Inc. has raised $50 million in new funding to enable it to expand its platform offering … https://bit.ly/3aFfDIj

Sources familiar with the investigation of SolarWinds breach say hackers from Russia's SVR intelligence agency likely still maintain access to US networks (CNN)

CNN: Sources familiar with the investigation of SolarWinds breach say hackers from Russia's SVR intelligence agency likely still maintain access to US networks  —  Washington (CNN)The White House's top official on the response to the massive SolarWinds hack says the sweeping measures announced … https://bit.ly/3sOGA2G

Study finds that Twitter's algorithmic timeline greatly reduces exposure to external links when compared to the chronological timeline (Jack Bandy/Technically Social)

Jack Bandy / Technically Social: Study finds that Twitter's algorithmic timeline greatly reduces exposure to external links when compared to the chronological timeline  —  New research on Twitter's timeline curation algorithm sheds light on how it shapes what we're exposed to.  —  How does Twitter's algorithm change what users see in their timelines? https://bit.ly/3xlpg8F

Trump's last post on Facebook, which now has 700K+ comments, has become a weird internet memorial where his fans and critics still converge to argue and troll (Brian Contreras/Los Angeles Times)

Brian Contreras / Los Angeles Times: Trump's last post on Facebook, which now has 700K+ comments, has become a weird internet memorial where his fans and critics still converge to argue and troll  —  At first glance, Donald Trump's Facebook page seems like it's been dead for months.  —  The former president's last post … https://bit.ly/32J38aj

Click Studios, maker of the enterprise password manager Passwordstate, notified its 29K customers about a supply chain attack deployed via an update of the app (Catalin Cimpanu/The Record)

Catalin Cimpanu / The Record: Click Studios, maker of the enterprise password manager Passwordstate, notified its 29K customers about a supply chain attack deployed via an update of the app  —  A mysterious threat actor has compromised the update mechanism of enterprise password manager application Passwordstate … https://bit.ly/3vgkQ1b

Federal judge rejects motion to dismiss a lawsuit against Apple that alleges the "Buy" option in iTunes is deceptive as Apple can still terminate access (Eriq Gardner/Hollywood Reporter)

Eriq Gardner / Hollywood Reporter: Federal judge rejects motion to dismiss a lawsuit against Apple that alleges the “Buy” option in iTunes is deceptive as Apple can still terminate access  —  Rejecting a motion to dismiss, a federal judge says it is plausible that consumers don't know that access to purchased content can be revoked. https://bit.ly/3sMoXQP

Clubhouse lacks opportunities for virality and monetization that Twitch, Snapchat, and Discord have, and its product is one feature that has been copied easily (Ed Zitron/Where's Your Ed At)

Ed Zitron / Where's Your Ed At: Clubhouse lacks opportunities for virality and monetization that Twitch, Snapchat, and Discord have, and its product is one feature that has been copied easily  —  Clubhouse, an app which allows you to join audio conversations with other people (a function unavailable in any other app or device), is now worth $4 billion. https://bit.ly/3av5ldK

Intel reports Q1 revenue of $18.6B, flat YoY, vs. $17.90B est., Data Center Group revenue of $5.56B, down from $6.99B YoY, and PC unit volumes were up 38% YoY (Kif Leswing/CNBC)

Kif Leswing / CNBC: Intel reports Q1 revenue of $18.6B, flat YoY, vs. $17.90B est., Data Center Group revenue of $5.56B, down from $6.99B YoY, and PC unit volumes were up 38% YoY  —  - Intel's first-quarter earnings are the first with CEO Pat Gelsinger at the helm.  — He's already announced a turnaround … https://bit.ly/3nejRM5

Apple executives detail privacy and anti-stalking protections built into AirTags and insist they are designed just to track items, not people or pets (Michael Grothaus/Fast Company)

Michael Grothaus / Fast Company: Apple executives detail privacy and anti-stalking protections built into AirTags and insist they are designed just to track items, not people or pets  —  Apple's “Spring Loaded” event on Tuesday offered a bonanza of new hardware announcements, including some unexpected ones. https://bit.ly/3aAunbk

Indonesia-based Halodoc, a medical teleconsultation and online drug delivery service, raises $80M Series C led by Astra with Temasek and others participating (Nikkei Asia)

Nikkei Asia: Indonesia-based Halodoc, a medical teleconsultation and online drug delivery service, raises $80M Series C led by Astra with Temasek and others participating  —  Conglomerate Astra and Singapore's Temasek among first-time investors  —  TOKYO — Halodoc, one of Indonesia's largest health-tech startup … https://bit.ly/3arWauA

UiPath closes at $69 on its debut, valuing the company at $35.8B, after pricing shares at $56 and raising $1.34B (Ari Levy/CNBC)

Ari Levy / CNBC: UiPath closes at $69 on its debut, valuing the company at $35.8B, after pricing shares at $56 and raising $1.34B  —  - UiPath and its investors sold about 23.9 million shares at $56 apiece, bringing in $1.34 billion in the IPO.  — The company, whose software automates repetitive office tasks … https://bit.ly/3tLs6li

Apple Support article says lost AirTags will be readable by any NFC-enabled device, including Android devices, when in Lost Mode (Filipe Espósito/9to5Mac)

Filipe Espósito / 9to5Mac: Apple Support article says lost AirTags will be readable by any NFC-enabled device, including Android devices, when in Lost Mode  —  After numerous rumors, Apple finally introduced AirTag during today's special event.  Apple's item tracker works based on the ultra-wideband U1 chip and relies … https://bit.ly/2QntUCr

Beijing-based Laiye, which develops robotic process automation software, raises $50M Series C+ (Rita Liao/TechCrunch)

Rita Liao / TechCrunch: Beijing-based Laiye, which develops robotic process automation software, raises $50M Series C+  —  Robotic process automation has become buzzy in the last few months.  New York-based UiPath is on course to launch an initial public offering after gaining an astounding valuation of $35 billion in February. https://bit.ly/3sAsGB6

Ahead of its congressional testimony, Tile shares concerns of unfair competition regarding AirTag, which is tightly integrated with Apple's Find My network (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Ahead of its congressional testimony, Tile shares concerns of unfair competition regarding AirTag, which is tightly integrated with Apple's Find My network  —  Now that Apple's lost item finder AirTag has officially been introduced, competitor Tile is going on record ahead of its testimony … https://bit.ly/2RM7pHH

Apple updates 11" and 12.9" iPad Pros with M1, 8-core GPU, Thunderbolt, up to 2TB storage, 5G, 1080p FaceTime HD camera, and a miniLED screen on the 12.9" model (Benjamin Mayo/9to5Mac)

Benjamin Mayo / 9to5Mac: Apple updates 11" and 12.9" iPad Pros with M1, 8-core GPU, Thunderbolt, up to 2TB storage, 5G, 1080p FaceTime HD camera, and a miniLED screen on the 12.9" model  —  As part of the Apple event today, the company unveiled the new lineup of iPad Pro tablets.  The 2021 11-inch and 12.9-inch iPad Pro feature … https://bit.ly/3sxG4Wt

PayPal to launch a local wallet in China focused on cross-border payments; PayPal is the first foreign firm with 100% ownership of a payments platform in China (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC: PayPal to launch a local wallet in China focused on cross-border payments; PayPal is the first foreign firm with 100% ownership of a payments platform in China  —  - PayPal plans to set up a local wallet in China focused on cross-border payments.  — In January, the U.S. fintech became … https://bit.ly/32syySj

Geico, the 2nd-largest US auto insurer, says hackers could steal customer driver's license numbers from its site from Jan. 21 through March 1; bug now patched (Zack Whittaker/TechCrunch)

Zack Whittaker / TechCrunch: Geico, the 2nd-largest US auto insurer, says hackers could steal customer driver's license numbers from its site from Jan. 21 through March 1; bug now patched  —  Geico, the second-largest auto insurer in the U.S., has fixed a security bug that let fraudsters steal customers' driver's license numbers from its website. https://bit.ly/3apcpIU

Researchers say Google Translate and other tools could be contributing to misunderstandings of legal terms with conflicting meanings such as "enjoin" (Paresh Dave/Reuters)

Paresh Dave / Reuters: Researchers say Google Translate and other tools could be contributing to misunderstandings of legal terms with conflicting meanings such as “enjoin”  —  (Reuters) - Translation tools from Alphabet Inc's Google and other companies could be contributing to significant misunderstanding … https://bit.ly/3xa1cp9

Interview with Intel's VP of Xeon, Lisa Spelman, on the new features in its 10nm Ice Lake Xeon Scalable chips, its data center processor roadmap, and more (Dr. Ian Cutress/AnandTech)

Dr. Ian Cutress / AnandTech: Interview with Intel's VP of Xeon, Lisa Spelman, on the new features in its 10nm Ice Lake Xeon Scalable chips, its data center processor roadmap, and more  —  With the launch of Intel's Third Generation Xeon Scalable platform based on 10nm Ice Lake processors, Intel has upgraded a part of the company that makes the BIG money. https://bit.ly/2Q6k48b

Sources: Facebook will announce a suite of audio products on Monday, including a Clubhouse-like app, a podcast discovery product connected to Spotify, and more (Peter Kafka/Vox)

Peter Kafka / Vox: Sources: Facebook will announce a suite of audio products on Monday, including a Clubhouse-like app, a podcast discovery product connected to Spotify, and more  —  Announcements are coming on Monday, but some products won't show up for a while.  —  Facebook wants you to start talking, and listening, on Facebook. https://bit.ly/3svqbQu

A look back at the netbook explosion of the late 2000s and how iPads, Chromebooks, and appliance-like computers took the netbook's place (Nilay Patel/The Verge)

Nilay Patel / The Verge: A look back at the netbook explosion of the late 2000s and how iPads, Chromebooks, and appliance-like computers took the netbook's place  —  The sound of a slow processor screaming  —  There's an Apple event next week, and it's looking fairly likely that we'll see updated models of the iPad Pro and perhaps the iPad Mini. https://bit.ly/3gm5x2W

Roblox is working on content ratings for games and on ways to make parental controls easier to find and use, to address sexual content issues on its platform (Julie Jargon/Wall Street Journal)

Julie Jargon / Wall Street Journal: Roblox is working on content ratings for games and on ways to make parental controls easier to find and use, to address sexual content issues on its platform  —  Sexual role-play and ‘dating’ are common on the children's gaming platform; parental controls help make it a safer space https://bit.ly/3ebiZnx

Company officials, victims, experts, and intel officials discuss the SolarWinds hack, which successfully compromised ~100 companies and a dozen govt. agencies (Dina Temple-Raston/NPR)

Dina Temple-Raston / NPR: Company officials, victims, experts, and intel officials discuss the SolarWinds hack, which successfully compromised ~100 companies and a dozen govt. agencies  —  “This release includes bug fixes, increased stability and performance improvements.”  —  The routine software update … https://bit.ly/3dse4PV

Internet blackouts following a military coup have shut down swathes of the online economy in Myanmar, where internet penetration had surged to around 43% (Rest of World)

Rest of World: Internet blackouts following a military coup have shut down swathes of the online economy in Myanmar, where internet penetration had surged to around 43%  —  Amid internet blackouts, economic isolation, and massive strikes, a decade of development is unwinding. https://bit.ly/3tnDYtz

Sources: at least four types of equipment vital to chip production are in short supply and lead times for wire bonding machines have grown to 10-12 months (Nikkei Asia)

Nikkei Asia: Sources: at least four types of equipment vital to chip production are in short supply and lead times for wire bonding machines have grown to 10-12 months  —  Longer delivery times mean slower ramp-up of production capacity  —  TAIPEI/TOKYO — Trying to solve the global chip crunch? https://bit.ly/3dpQiUA

Governor Andrew Cuomo signs a bill requiring all ISPs in New York to offer basic broadband access to low-income families for no more than $15 a month (Stacie Sherman/Bloomberg)

Stacie Sherman / Bloomberg: Governor Andrew Cuomo signs a bill requiring all ISPs in New York to offer basic broadband access to low-income families for no more than $15 a month  —  - Law caps basic internet service at $15 a month in New York  — Universal access was key priority of commission led by Schmidt https://bit.ly/3dnpYdQ

Dogecoin, the cryptocurrency that started out as a joke in 2013, now has a market cap of $40B after growing nearly 400% in the past seven days (Ryan Browne/CNBC)

Ryan Browne / CNBC: Dogecoin, the cryptocurrency that started out as a joke in 2013, now has a market cap of $40B after growing nearly 400% in the past seven days  —  - Dogecoin is a cryptocurrency based on the “Doge” meme, which rose to popularity in late 2013.  It started out as a joke. https://bit.ly/32mpGh6

For the first time, NATO wargames include scenarios exploring the impact of widespread cyberattacks on financial infrastructure (James Rundle/Wall Street Journal)

James Rundle / Wall Street Journal: For the first time, NATO wargames include scenarios exploring the impact of widespread cyberattacks on financial infrastructure  —  Financial industry helped plan scenarios in which widespread disruption would hit banks and other firms  —  One of the world's largest cyber wargames is … https://bit.ly/3wYphPV

TuSimple, which is developing autonomous trucks, closes flat in its trading debut, after raising $1.35B in its IPO, giving it a market cap of ~$8.5B (Aparna Narayanan/Investor's Business ...)

Aparna Narayanan / Investor's Business Daily: TuSimple, which is developing autonomous trucks, closes flat in its trading debut, after raising $1.35B in its IPO, giving it a market cap of ~$8.5B  —  TuSimple stock closed unchanged on the Nasdaq Thursday after the self-driving vehicle startup raised more than $1 billion through an initial public offering. https://bit.ly/3agIQJl

Walmart says it is investing in GM's self-driving unit Cruise, bringing its latest round to $2.75B, up from $2B in January when Microsoft invested (Matthew Boyle/Bloomberg)

Matthew Boyle / Bloomberg: Walmart says it is investing in GM's self-driving unit Cruise, bringing its latest round to $2.75B, up from $2B in January when Microsoft invested  —  - Deal brings Cruise's latest funding round to $2.75 billion  — Walmart joins fellow Cruise investors Microsoft and Honda https://bit.ly/3e3lFDz

Some Clubhouse power users discuss the app's problems with scammers, moderation issues, stolen jokes, copied room concepts, celebrity imposters, and more (Ashley Carman/The Verge)

Ashley Carman / The Verge: Some Clubhouse power users discuss the app's problems with scammers, moderation issues, stolen jokes, copied room concepts, celebrity imposters, and more  —  Fake laughs, imposters, and scams — behind the invite-only audio app's most obsessive users  —  For the first time since the pandemic started … https://bit.ly/3sfaQ6o

Profile of 23-year-old Nick Lim, who founded Vancouver-based VanwaTech, a hosting provider for white supremacist websites like Daily Stormer and 8kun (Bloomberg)

Bloomberg: Profile of 23-year-old Nick Lim, who founded Vancouver-based VanwaTech, a hosting provider for white supremacist websites like Daily Stormer and 8kun  —  Two and a half months before extremists invaded the U.S. Capitol, the far-right wing of the internet suffered a brief collapse. https://bit.ly/3mPIaj6

Google announces Assistant updates, including helping find misplaced iPhones, even those in silent mode, and improvements to online food ordering checkout (Abner Li/9to5Google)

Abner Li / 9to5Google: Google announces Assistant updates, including helping find misplaced iPhones, even those in silent mode, and improvements to online food ordering checkout  —  Google today announced a handful of new Assistant features, while making others more widely available. https://bit.ly/32eDeuR

A glossary to help decode the language used by Google and Facebook to reassure the public about AI responsibility without inviting deeper scrutiny (Karen Hao/MIT Technology Review)

Karen Hao / MIT Technology Review: A glossary to help decode the language used by Google and Facebook to reassure the public about AI responsibility without inviting deeper scrutiny  —  50-ish words you can use to show that you care without incriminating yourself.  —  AI researchers often say good machine learning is really more art than science. https://bit.ly/3sgkp57

Nasdaq sets Coinbase's reference price at $250 per share for its direct listing, which would value the cryptocurrency exchange at $65.3B (Ari Levy/CNBC)

Ari Levy / CNBC: Nasdaq sets Coinbase's reference price at $250 per share for its direct listing, which would value the cryptocurrency exchange at $65.3B  —  - The Nasdaq said on Tuesday that Coinbase's reference price for its direct listing is $250, which would value the company around $65.3 billion on a fully diluted basis. https://bit.ly/32c8QBh