Tech Industry Update: IPO Plans and Security Innovations

Facebook has removed tons of stuff from what it calls US-based militia organizations. Airbnb has filed for its IPO. Cobalt is an interesting raise. But also, some new tech might remove cobalt for better batteries. DoorDash launches grocery delivery. And is Palantir the first high profile company to flee Silicon Valley?

Sponsors:

• Metalab.co
• BuyRaycon.com/tech

Links:

• Facebook Removes 790 QAnon Groups to Fight Conspiracy Theory (NYTimes)
• Facebook restricts more than 10,000 QAnon and US militia groups (The Guardian)
• Airbnb files confidential IPO paperwork (CNBC)
• Airbnb Files Confidentially for IPO With SEC (WSJ)
• Online Thrift Shop ThredUp Plans IPO Early Next Year (Bloomberg)
• Cobalt.io grabs $29M Series B to continue building out pentesting platform (TechCrunch)
• This Cobalt-Free Battery Is Good for the Planet—and It Actually Works (Wired)
• DoorDash launches grocery delivery to compete with Amazon and Instacart (The Verge)
• Data-analysis giant Palantir moves headquarters to Denver (Denver Business Journal)
• Alibaba posts 124 per cent gain in quarterly profit, sees China retail back to pre-pandemic levels (SCMP)
• Lyft will suspend its ride-hailing service in California (The Verge)

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