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December 12, 2020, 11:35 PM
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| Rakesh Prakash / Times of India: |
Violent unrest erupts at Wistron's iPhone manufacturing plant near Bengaluru in India, sources say over the company's failure to pay promised wages — A screenshot of the video showing employees damaging properties at the iPhone manufacturing plant. — BENGALURU: The iPhone manufacturing plant …
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AppleInsider, TechSpot, The New Indian Express, Deccan Herald, Business Standard, cnbctv18.com, Livemint, NDTV Gadgets 360, Moneycontrol, India Today, The Week, Philip Elmer‑DeWitt, Patently Apple, The Economic Times, Appleosophy, Apple Terminal, and iMore
Tweets: @toibengaluru, @rvaidya2000, @iamadwoy, @brij, @appleinsider, @cruelanu, @jgopikrishnan70, @vilakudy, @legalkant, and @aquariantruths
| Wall Street Journal: |
Sources: point-of-sale lender Affirm is postponing its IPO until next year — The point-of-sale lender is the second company in as many days to pull back from the IPO market — Affirm Holdings Inc. is postponing its initial public offering, according to people familiar with the matter …
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Business Insider and Bloomberg
Tweets: @hmeisler, @buysidebio, @danacimilluca, @stockmarketnerd, and @firstadopter
| Joe Rossignol / MacRumors: |
Kuo: iPhone 13 mass production will return to Apple's usual timeframe and will not face the delays that the iPhone 12 lineup faced — While the iPhone 12 lineup launched later than usual due to the COVID-19 pandemic, analyst Ming-Chi Kuo today forecasted that mass production … | Matthew Gault / VICE: |
Indie game developers say Twitch's light touch with nudity in big games like Cyberpunk 2077, despite Twitch's rules against explicit content, is hypocritical — You can't show dicks or nipples on Twitch unless you're playing ‘Cyberpunk 2077.’ — Cyberpunk 2077 is full of dicks.| Steven Burke / crn.com: |
Thoma Bravo says it is acquiring a majority stake in Venafi, a provider of machine identity management software, at a $1.15B valuation — “Thoma Bravo invests in category creators and leaders,” said Venafi CEO Jeff Hudson. “That ($1.15 billion) valuation is a good valuation.
More:
Law360 and Business Wire
| Hamilton Nolan / In These Times: |
A look at The Drivers Cooperative, a worker-owned NYC ride sharing app debuting early 2021, which aims to maximize drivers' pay, lower cost of gas and insurance — The city's first worker-owned ridesharing app gets ready to take on the big boys. — Ken Lewis grew up on the island of Grenada …
Tweets: @freethoughtalma
| Joshua Swingle / Phone Arena: |
Unreleased Samsung Galaxy S21+ 5G gets compared to iPhone 12 Pro Max in a YouTube video — It has been less than 24 hours since the Galaxy S21+ was spotted on video for the first time, but the same source has now returned with another video that compares the Galaxy S21+ to its closest rival — the iPhone 12 Pro Max.| Liz O'Sullivan / Fast Company: |
Salesforce's acquisition of Slack is emblematic of a long-standing trend of defensive acquisitions by Big Tech and speaks to the impact of weak antitrust laws — Slack wanted to stay independent. But in a landscape dominated by tech giants, that proved impossible.
Tweets: @paulorf, @fastcompany, and @ophirgottlieb
| Maureen Farrell / Wall Street Journal: |
Internal memo: Roblox, citing soaring market debuts of Airbnb and DoorDash, says it is too difficult to price its shares and will delay its IPO until next year — Videogame company, citing Airbnb and DoorDash market debuts, says it is too difficult to price its shares
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Reuters, New York Times, CNBC, Protocol, Finbold, and Business Insider
Tweets: @nongaap, @mr_james_c, @investingnick, @sherman4949, @mariodgabriele, @juliey4, @matt_cochrane7, @joeysolitro, @shiraovide, @juliey4, @wsj, @tanayj, @hshaban, and @saraheneedleman
| Lauren Feiner / CNBC: |
Filing: California is seeking to join the DOJ's antitrust lawsuit against Google, making it the first Democratic state to request to join 11 GOP AGs in the suit — - California is seeking to join the Justice Department in its antitrust lawsuit against Google, according to a court filing the state submitted on Friday.
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Wall Street Journal, State of California, Reuters, Politico, The Hill, CNET, Associated Press, CBS San Francisco, PYMNTS.com, and Bloomberg
Tweets: @agbecerra, @vmsalama, @wsj, @jamesvgrimaldi, and @lauren_feiner
| Romain Dillet / TechCrunch: |
Sweden-based MTG acquires Hutch Games, a London-based game studio behind popular mobile racing games such as Rebel Racing and F1 Manager, for up to $375M — Sweden's MTG is making a significant acquisition in the mobile gaming industry. The company is acquiring Hutch Games …
More:
Pocket Gamer.biz, GamesIndustry.biz, and Pocket Gamer.biz
| Lucas Matney / TechCrunch: |
Twitter says it has acquired screen-sharing social app Squad whose team will join Twitter, and it will shut down the app tomorrow — Today, Twitter announced that it is acquiring Squad and that the team from the screen-sharing social app will be joining Twitter's ranks.
More:
Squad + Twitter, The Verge, Medium, Engadget, Ubergizmo, Android Central, Social Media Today, PYMNTS.com, Neowin, The Hill, and CNET
Tweets: @esthercrawford, @lolitataub, @january_vc, @robhayes, @joshk, @lanceulanoff, @jochendo, @chriscantino, @post_market, @sarahfrier, and @joshconstine
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