Shares of Snowflake were up more than 13% after it surpassed analyst
expectations for third-quarter revenue and provided strong product revenue
guidance.
Homeowners are looking for new tech that can harden their properties against
natural disasters that are increasing in frequency as a result of global
warming.
Andreessen Horowitz led a $36 million financing of Mysten Labs, a crypto and
blockchain infrastructure tech start-up founded by former Facebook engineers.
The head of Facebook’s Workplace enterprise communications software has left to
join a venture capital firm, the latest in a string of departures from Facebook.
Facebook’s executive exodus continued on Tuesday with Stan Chudnovsky, head of
the company’s Messenger division, announcing that he will be leaving in 2022.
Facebook on Thursday announced that it is opening up Horizon Worlds, its virtual
reality world of avatars, to anyone 18 and older in the U.S. and Canada.
Reddit on Wednesday announced that it has confidentially submitted a draft
registration statement with the Securities and Exchange Commission to go public.