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Published July 16, 2021 Andrew Hutchinson Content and Social Media Manager Over the past few months, there have been various reports of significant LinkedIn data hacks, with huge databases of user info being sold on the dark web, available to the highest bidder. Back in April, Cyber News reported that personal data scraped from 500 million LinkedIn users was being made available for sale on various hacking forums, while just last month, another set, reportedly incorporating info from 700 million LinkedIn profiles, also became available online. In each case, LinkedIn has denied that these indicate a breach of its security, instead pointing to data scraping as the culprit, the (mostly legal) process of gathering publicly available info from platforms, at scale, in order to build larger data sets by incorporating that material with other sources. ....
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Social media app Clubhouse could be worth as much as $4billion following its latest funding round and just a year after its founding. The company said yesterday that it had finished a third cycle of fundraising led by Andrew Chen of venture capital firm Andreessen Horowitz, which has previously backed prominent startups like Soylent, Coinbase, and Airbnb. Clubhouse had been valued at $1billion as recently as January when it received another $100million in a Series B funding round, but the new financial package values it at four times that amount, according to a source speaking to Reuters. Clubhouse had been valued at $1billion as recently as January when it received another $100million in a Series B funding round ....
Clubhouse is being valued at $4 billion in new fundraising round led by Andreessen Horowitz, reports say kshalvey@businessinsider.com (Kevin Shalvey) Clubhouse was being valued at $4 billion in a new funding round, The Information reported. VC firm Andreessen Horowitz reportedly led the round. The social audio app was valued at about $1 billion earlier this year. Popular Searches The Information on Friday reported the fundraising round, saying it would include investments from Tiger Global Management and DST Global. Both are newcomers to Clubhouse. The Information didn t detail the amount the firms planned to invest. The outlet did report, however, that it was likely more than the $100 million Clubhouse raised in a previous round. ....