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Startup Confluent Valued at $4.5 Billion After New Funding

Confluent, a startup founded by the creators of the open-source Apache Kafka data-processing software project, announced a $250 million Series E round led by Coatue Management. The round eclipses the $206 million Confluent had raised since its founding in 2014. The funding boosts Confluent’s valuation from $2.5 billion to $4.5 billion and shows that investors are still keen on pumping money...

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Facebook, Gaming Firms Brace for Apple’s Restrictions on Ad Targeting

Facebook representatives in recent weeks have been meeting with mobile gaming companies, a key group of advertisers, ahead of a major change by Apple that will make it harder for apps to track the behavior of iPhone owners.

In the talks, Facebook employees have sought to hear gaming companies’ concerns about Apple’s next mobile operating system, which is expected to reduce the ...

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