| New York Times: |
Legal experts say FTC and state AGs will find it challenging to prove their allegations against Facebook because the standards of proof are formidable — The U.S. and states cases against the social network are far from a slam dunk because the standards of proof are formidable.| Jennifer Newstead / About Facebook: |
| Federal Trade Commission: |
| Lauren Feiner / CNBC: |
Airbnb opens at $146, up from its $68 IPO price, on its first day of trading after raising $3.5B at a valuation of $47.3B — - Airbnb is set to double its share price in its IPO debut on Thursday. — Shares were priced at $68 on Wednesday and are now expected to reach about $153 when it starts trading.| Reed Albergotti / Washington Post: |
Cydia, a once-popular app store for jailbroken iOS devices, sues Apple, alleging the company used anti-competitive tactics in clearing the way for the App Store — Cydia, one of the first app stores on iPhone, is suing Apple, alleging anti-competitive behavior| Natasha Lomas / TechCrunch: |
Germany launches an antitrust probe into Facebook tying Oculus use to possession of a Facebook account — Facebook's bad week just got worse: It's being investigated in Germany for linking usage of its VR product, Oculus, to having a Facebook account. — The tech giant raised the hackles … | Khari Johnson / VentureBeat: |
Q&A with ex-Google AI ethics co-lead Timnit Gebru, who says Sundar Pichai's “de-escalation strategies” language in his memo paints her as an “angry Black woman” — In a companywide memo to employees Wednesday, Google CEO Sundar Pichai said he's sorry … | Catalin Cimpanu / ZDNet: |
Adobe has released its final scheduled Flash Player update for all regions outside of mainland China and will block Flash content from January 12 — Adobe releases final Flash update with stronger language asking users to uninstall the app before its EOL. — Adobe has released on Tuesday … | Mitchell Clark / The Verge: |
Twitter says iOS users can now add tweets to Snapchat Snaps as stickers and it will soon test sharing tweets to Instagram Stories — Twitter continues to take over all social networks — Twitter is making it even easier to spread your tweets far and wide to every social media platform imaginable.| Charlie Warzel / New York Times: |
Biden staffers say their experiences in dealing with Facebook during the election left them concerned that the company is a threat to the electoral process — Inside the battle between Biden and Facebook. — Opinion Writer at Large — In the days after the election … | Nick Statt / The Verge: |
Google, Dell, Intel, Slack, Zoom, and others form The Modern Computing Alliance to tackle security, remote work, and other enterprise issues — The Modern Computing Alliance also includes Slack, Zoom, and others — Google, Dell, Intel and a handful of other major tech companies … | Ryan Browne / CNBC: |
Google launches knowledge panels in search results to show accurate information about coronavirus vaccines, starting with the UK — - Google has launched new knowledge panels to show people accurate information about coronavirus vaccines. — The feature is only available in the U.K … | Washington Post: |
National Weather Service says it has an Internet bandwidth problem and proposes limiting users to 60 connections/minute, which could hurt weather apps and sites — Agency floats a solution to problems that could hobble private companies and affect popular weather apps.| Sarah Perez / TechCrunch: |
Facebook launches Shopping in Instagram Reels, rolling out globally starting today, letting businesses and creators tag products when they create Reels — Instagram today is launching Shopping in Reels, its TikTok competitor. The new feature was announced in October as something the company … | Natasha Lomas / TechCrunch: |
French data protection agency CNIL fines Google $120M and Amazon $42M for placing tracking cookies without consent — France's data protection agency, the CNIL, has slapped Google and Amazon with fines for dropping tracking cookies without consent. — Google has been hit with a total … | Zack Whittaker / TechCrunch: |
Spotify says it has reset an undisclosed number of user passwords after fixing a bug in its systems that exposed users' account data to its business partners — Spotify said it has reset an undisclosed number of user passwords after blaming a software vulnerability in its systems … | Steve O'Hear / TechCrunch: |
Cleo, creator of an AI-powered financial assistance app and chatbot, raises $44M Series B led by EQT Ventures — Cleo, the London founded “financial assistant” that takes the form of an app and chatbot and now counts the U.S. as its largest market, has raised $44 million in Series B funding.| D. M. Moore / Polygon: |
AT&T has agreed to sell Japanese anime streaming service Crunchyroll to Sony's Funimation Global Group for $1.18B — The move consolidates the anime industry in a major way — On Wednesday, Sony Pictures Entertainment Inc. announced that AT&T and WarnerMedia agreed to sell Crunchyroll to Funimation.| Ingrid Lunden / TechCrunch: |
Turing, an automated service to vet and match remote software developers with companies, raises $32M Series B led by WestBridge Capital — As remote work continues to solidify its place as a critical aspect of how businesses exist these days, a startup that has built a platform … | Jordan Crook / TechCrunch: |
UserLeap, which builds tools to give product managers more qualitative data, raises $16M Series A led by Accel — Product managers can only be successful if they can make effective use of both quantitative and qualitative data. But mapping the former to the latter, and collecting high-quality data … | Ron Miller / TechCrunch: |
Fairmarkit, which provides enterprise procurement software for clients like Boston's mass transit system, raises $30M Series B, bringing total raised to $42M — As the pandemic has raged on, it has shined a spotlight on the importance of procurement, especially in certain sectors.| Ingrid Lunden / TechCrunch: |
Hibob, which provides cloud-based HR management software, raises $70M Series B led by Seek and Israel Growth Partners, sources say at a ~$500M valuation — Productivity software has been getting a major re-examination this year, and human resources platforms — used for hiring, firing …
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| Byron Tau / Wall Street Journal: |
| Jessica Bursztynsky / CNBC: |