Dating app Bumble, which allows women to make the first move, has filed for an initial public offering in the US.
The Texas-based company, founded by former Tinder employee Whitney Wolfe Herd, listed a $100 million offering, a placeholder amount that may change.
The company is reportedly seeking a valuation between $6bn and $8bn (£4.5bn and £6bn).
People familiar with the matter told Bloomberg that the listing may take place around Valentine’s Day.
Wolfe-Herd, Bumble's chief executive, co-founded Tinder in 2012, but left the company in 2014, securing a $1m settlement over claims of sexual harassment. Bumble and Tinder have been locked in a legal battle over intellectual property rights since 2018.
Until next time
That's all from us today.
Thanks for reading, and have a great weekend.
Billionaire's 'Pizzagate' lawsuit against Twitter gets go ahead
A British Columbia court has given the go-ahead for Frank Giustra, the billionaire founder of Lionsgate Entertainment, to sue Twitter in one of its provincial courts over Pizzagate conspiracy theory tweets about him.
"I hope this lawsuit will help raise public awareness of the real harm to society if social media platforms are not held responsible for the content posted and published on their sites," Mr Giustra said.
"I believe that words do matter, and recent events have demonstrated that hate speech can incite violence with deadly consequences."
Twitter, which has not commented on the news, had tried to get the case thrown out on the basis that they don't do business in British Columbia.
It would not be possible in the US, where Twitter is protected by First Amendment and Section 230 but Mr Giustra was able to convince the judge that he had enough of a reputation and links to British Columbia and Twitter had enough users in the region that he could reasonably have been defamed.
Biden starts afresh with zero Twitter followers
President-elect Joe Biden has started a new Twitter account - although he will have to build it up from scratch. While President Donald Trump has tens of millions of followers on the social network, Joe Biden's new POTUS account has started from zero. The site is not planning to migrate the followers over, according to Biden campaign officials.
Folks — This will be the account for my official duties as President. At 12:01 PM on January 20th, it will become @POTUS. Until then, I'll be using @JoeBiden. And while you're here, follow @FLOTUSBiden @SenKamalaHarris @SecondGentleman and @Transition46.
— President-elect Biden (@PresElectBiden) January 15, 2021
Apple plans return to 'MagSafe' charging
Apple is considering returning its classic magnetic charging port to its next MacBook updates, Bloomberg reports.
The charging ports, which were popular due to the way the cables could easily be clipped in and out, are expected on new 14-inch and 16-inch MacBook Pro models later this year.
Apple launched a new MacBook Pro in November featuring a 13-inch screen to strong reviews, thanks to its custom made M1 chip.
Newport man offers council £50m to find his Bitcoin
A Newport man who threw out a hard drive containing virtual cryptocurrency now worth £210m is offering the local council £50m to trawl through its landfill sites to find it.
James Howells has pleaded with Newport Council to let him hunt for the disk in its rubbish sites, but has so far been refused. He told BBC Radio 5 Live:
"In 2017 the value of my hard drive was approximately £125 million, at which point I made them another offer of 10pc and unfortunately that offer was refused."
The Council has said the work to find the drive could run into the millions of pounds, with no guarantee of success.
Changes to WhatsApp's privacy terms have been taken by millions of people to represent a threat to their private messages, although the changes are designed for businesses that use WhatsApp to message customers.
In India, the biggest market for WhatsApp with more than 700 million users, a petition to the high court has alleged the changes to its terms are a threat to privacy and demanded an injunction.
In Italy, meanwhile, the privacy regulator has said the changes mean it is not possible for consumers to “clearly understand which data processing will actually be carried out by the messaging service after February 8”.
While the changes to WhatsApp's data sharing will not pose a risk to messages, in many parts of the world, excluding Europe and the UK, they will mean more metadata, such as phone numbers and IP addresses, details about phones and payment data.
The backlash to what should have been technical changes has been extraordinary, with tens of millions of users downloading rival apps.
Jeff Bezos promises to fly first passengers 'within months'
Blue Origin, the space rocket company founded by Jeff Bezos, is planning its first crewed launch as early as April, CNBC reports, taking the company one step closer to offering paid-up space tourism flights.
The company plans to take the first space tourists to the edge of space in a capsule of up to six people.
Mr Bezos, the Amazon billionaire and a space fanatic who once made a cameo in a Star Trek film, has described his work with Blue Origin as "the most important work I’m doing", and has poured $1bn a year into the venture.
Hannah Boland has the story here.
Twitter clean-up 'much bigger' than just Donald Trump
Jack Dorsey has warned staff that there was far more to do to tackle harmful content on the social network than just banning Donald Trump.
In an internal meeting, leaked in a video by Project Veritas, a right wing group that claims to expose media bias, repeated some of Dorsey's remarks from earlier this week, but warned that the site could go much further.
Twitter has not disputed the video, but told Fox News the remarks were similar to those already made in public by Dorsey.
Wikipedia turns 20
Wikipedia, the online encyclopedia, has turned 20. Founded by Jimmy Wales and Larry Sanger in 2001, Wikipedia is now the 15th most popular website on the internet. Despite early criticism over inaccuracies - and still with the occasional blip - it has been a huge trove of open knowledge.
The site is maintained by thousands of volunteers who edit, curate, fix and critique each others' work to document everything deemed noteworthy. In its lifetime, more than 56 million Wikipedia articles have been created and more than 3 billion edits have been made to the site.
The site is even available in 316 languages as it continues to grow.
Wikipedia editors pour over entries, tweaking them and adding sources and new information as it emerges. The open nature of the site can sometimes lead to conflict between editors, in particular over political developments as some editors try to amend or change articles that others disagree with.
"Wikipedia has evolved from a seemingly impossible idea into a sprawling testament to humanity—a place where we can collaborate, share, and learn about anything and everything." ❤️@Wikimedia Foundation CEO @krmaher reflects on #Wikipedia20. https://t.co/cgDBNsN8mc
— Wikipedia (@Wikipedia) January 15, 2021
OneWeb gets fresh SoftBank investment
OneWeb, the satellite company rescued by the UK Government, has secured $400m in funding, including $350m from returning investor SoftBank.
SoftBank was the biggest investor in OneWeb prior to its collapse, pouring billions of dollars into the start-up. It is now back, taking a stake in the satellite constellation company.
Chinese phone maker Xiaomi latest on US blacklist
Xiaomi, which makes the popular Mi series of smartphones, has been slapped on a US blacklist that stops American investors from buying its shares. US shareholders will have to de-list by November.
Shares in the phonemaker fell by 11pc. It follows US efforts to force the de-listing of major Chinese telecoms companies in the wake of its campaign accusing telecoms giant Huawei of being a security risk.
It is part of a final salvo from the White House, ahead of the transition next week, to crack down on China.
Labour calls for home office to take responsibility over data blunder
Labour's Shadow Home Secretary Nick Thomas-Symonds called on Priti Patel to take responsibility over the apparent loss of 150,000 arrest records, reported this morning.
"The Home Secretary must take responsibility for this serious problem. She must - urgently - make a statement about what has gone wrong, the extent of the issue, and what action is being taken to reassure the public. Answers must be given."This is an extraordinarily serious security breach that presents huge dangers for public safety."The incompetence of this shambolic Government cannot be allowed to put people at risk, let criminals go free and deny victims justice."
The Home Office has stressed the lost data related to people who had been arrested and released with no further action. It added the data was not related to known criminals or dangerous persons.
Five things to start your day
1) Big advertisers slashed spending on Facebook after last week's US attack A host of major advertisers including Microsoft and PayPal reduced their spending in the days after.
2) Telegram's founder said he was seeing the 'greatest digital migration in history' It comes as users seek alternatives to WhatsApp
3) Samsung launched three new phones The Galaxy S21 devices are the Korean company's latest challenge to the iPhone.
4) Google completed its Fitbit takeover The company reiterated promises to protect Fitbit user's privacy.
5) With no algorithms, likes or advertising, $7bn chat app Discord may be the future of social media Chief executive Jason Citron says the service is branching out beyond its core group of gamers, with 140 million users