Atlanta
Austin
Charlotte
Chicago
Columbus
Dallas
Denver
Des Moines
Nashville
NW Arkansas
Philadelphia
Tampa Bay
Twin Cities
Washington D.C.
Menu
Get smarter, faster about your hometown.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Please enter a valid email.
Openweb.com
OpenWeb, a platform used by publishers to manage comments and user interactions, has raised $150 million in a series E financing round that values the company at $1.1 billion, its CEO and co-founder Nadav Shoval tells Axios.
Why it matters: OpenWeb's growth is driven by a realization from publishers that building direct relationships with their audiences online is a stronger value proposition long-term than being reliant on social media and search giants.
Details: The company, which was previously called Spot.IM, licenses technology to publishers that helps them moderate user comments.
Part of its growth plans include expanding its sign-in products that push users to log into publishers' websites directly, allowing publishers to keep valuable user data.
The round was led by investment firms Insight Partners and Georgian.
The participation from The Times is emotional for Shoval, who says he moved to the U.S. from Tel Aviv in order to court their investment.
By the numbers: The new round brings the company's total amount raised to around $225 million.
The big picture: Recent antitrust issues and privacy fights have pushed publishers to focus more attention on publishing via the open web, where they have more visibility and control over their data and user relationships.
Go deeper: Publishers see new life in the old open web
Illustration: Sarah Grillo/Axios
Investors and consumers show growing enthusiasm for privacy-focused alternatives to Google and Facebook amid renewed scrutiny over the real cost of their "free" services.
Yes, but: It's still hard to compete with the massive profit engines those companies have built.
Photo: Evelyn Hockstein/For The Washington Post via Getty Images
A former mixed martial arts fighter was sentenced to 41 months in prison Wednesday after pleading guilty to assaulting a police officer, a felony charge stemming from his participation in the Jan. 6 Capitol riot.
Why it matters: Scott Fairlamb, 44, is the first Jan. 6 rioter to be ordered to serve years behind bars. The sentence could set a benchmark for other cases that prosecutors have brought against people involved in the attack.
The core Consumer Price Index (CPI), which measures the price of goods and services excluding food and energy, rose 0.6% in October, according to data out Wednesday.
The big picture: The latest inflation reading shows that price gains are picking up steam.