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Ari Levy / CNBC : Sources: Gitlab is letting employees sell equity in a secondary share sale that values the company over $6B, up from a valuation of $2.7B in September 2019   —  - GitLab competes with GitHub, which Microsoft acquired in 2018 for $7.5 billion.  — The company had originally aimed to go public … from Techmeme https://ift.tt/3mqpcih

Jim Waterson / The Guardian : Facebook to launch Facebook News in the UK in Jan. 2021, says it will pay publishers for news not already on its platform; most big UK publishers have signed up   —  Social network agrees deal with mainstream outlets in face of government crackdown on its dominance of advertising from Techmeme https://ift.tt/2VivnZB

Drugmaker Moderna has completed its initial efficacy analysis of its COVID-19 vaccine from the drug’s Phase 3 clinical study, and determined that it was 94.1% effective in preventing people from contracting COVID-19 across 196 confirmed cases from among 30,000 participants in the study. Moderna also found that it was 100% effective in preventing severe cases (such as those that would require hospitalization) and says it hasn’t found any significant safety concerns during the trial. On the basis of these results, the company will file an application for emergency use authorization (EUA) with the U.S. Food and Drug Administration (FDA) on Monday. Seeking an EUA is the next step towards actually beginning to distribute and administer Moderna’s COVID-19 vaccine, and if granted the authorization, it will be able to provide it to high-risk individuals in settings where it could help prevent more deaths, such as with front-line healthcare workers, ahead of receiving a full and final regulato...

Apple’s marketing of iPhones as ‘water resistant’ without clarifying the limits of the feature and also having a warranty that excludes cover for damage by liquids has got the company into hot water in Italy. The Italian competition authority (AGCM) has informed the tech giant of an intent to fine it €10 million for commercial practices related to the marketing and warranty of a number of iPhone models since October 2017, starting with the iPhone 8 through to the iPhone 11, following an investigation into consumer complaints related to its promotion of water resistance and subsequent refusal to cover the cost of repairs caused by water damage. In a document setting out the AGCM’s decision dated towards the end of October — which was made public today (via Reuters ) — the regulator concludes Apple violated the country’s consumer code twice because of what it characterizes as “misleading” and “aggressive” commercial practices. Italian consumer watchdog hands down €15M in fines to ...

Ingrid Lunden / TechCrunch : HungryPanda, which develops a Mandarin-language food delivery app for overseas Chinese consumers, raises $70M Series C led by Kinnevik   —  Food delivery apps have been a big deal this year both for consumers stuck at home and unable (or unwilling) to go to restaurants or grocery stores … from Techmeme https://ift.tt/39n2N1E

Ars Technica : Best 2020 Cyber Monday deals on gaming consoles, laptops, monitors, Apple, Sonos, and Amazon devices, smartphones, headphones, speakers, and more   —  We've sifted through the junk to pick out the tech deals most worth your time.  —  Cyber Monday has arrived. from Techmeme https://ift.tt/3mhCPjH

British Lithium is prospecting in the county to find economically viable seams of the element. from RSSMix.com Mix ID 8290670 https://ift.tt/3mmT5jx