More than a dozen medium-size internet companies including Snap, Reddit and eBay have launched a coalition to defend the broad legal immunity that protects online companies from lawsuits over user-posted content. The move confirms a November report in The Information. The group, called Internet Works, is made up of medium-sized tech companies concerned that their interests could be ignored...
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Clubhouse Gets Investment Interest at $1 Billion Valuation

The race to invest in social audio app Clubhouse is on again. Venture capital firms have approached the startup’s founders in recent weeks about leading its potential next round of funding at a roughly $1 billion valuation, according to four people with knowledge of the discussions. Investors also have tried to buy Clubhouse shares from existing shareholders at an implied valuation of $1...
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