October 11  Social Media News

Daily Crunch: Pali Bhat becomes first chief product officer in Reddit’s 16-year history - TechCrunch

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Hello and welcome to Daily Crunch for October 11, 2021! It’s Monday, y’all, and that means we’re all strapping back into work mode. Looking ahead, we’re expecting two public debuts this week (GitLab and AvidXchange), and we’re just heading into earnings season. Get hype! – Alex

The TechCrunch Top 3

  • Apple appeals Epic decision: Remember when Apple managed to avoid a monopoly ruling and wound up being told by a judge to let third-party developers tell users that there were other ways to buy their iOS software? Well, Apple isn’t really big about the idea. So it’s appealing the ruling and asking for a stay. In an era when Microsoft is building inroads with developers, Apple appears confident in its market position to the extent that it’s comfortable moving in the opposite direction. (I’m reminded of the old-timey phrase my dad learned from a farmer: “Pigs get fat, hogs get slaughtered.”)
  • Reddit hires former Google Cloud exec: Reddit, a place where communities can run forums for anything under the sun (from the niche to the mainstream), is building out its executive team. Normally, we’d add “in anticipation of an IPO” to that comment, but given that Reddit is having a smashing time raising private capital, we doubt that any sort of liquidity event is in the near-term offing.
  • Inside NerdWallet’s IPO filing: Not every venture-backed company is...


Read Full Story: https://techcrunch.com/2021/10/11/daily-crunch-75/

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