| Wall Street Journal: |
Draft lawsuit filed by ten US states last week says Facebook and Google agreed to “cooperate and assist one another” against possible antitrust action — Draft lawsuit quotes Facebook's Sandberg saying Google pact was a ‘big deal strategically’| Washington Post: |
Sources: in the early stages of US antitrust investigations, Facebook offered to help others build a social networking competitor using its network and code — The company ramped up its lobbying, hired high-powered lawyers and launched a slew of internal initiatives as the government prepared to sue … | Jeff John Roberts / Fortune: |
Ripple CEO says the SEC will file a suit over the alleged sale of unlicensed securities and calls it a parting shot by the Trump administration — Ripple, one of the most important companies in the cryptocurrency industry, said Monday evening that the Securities and Exchange Commission … | Reuters: |
Sources: Apple is planning to manufacture a car by 2024 which may include self-driving tech, internally developed lidar sensors, and “breakthrough” battery tech — (Reuters) - Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce … | Alex Gallagher / NME: |
The COVID-19 relief bill passed by Congress includes the Felony Streaming Bill, which makes illegal streaming for profit a felony, with up to 10 years jail time — Targeting illegal for-profit streaming providers, not individual users — The US Congress has passed a COVID-19 stimulus bill … | Mike Masnick / Techdirt: |
| Electronic Frontier Foundation: |
The US government's proposal for crypto exchanges to collect identity data from users with self-hosted crypto wallets will expand the US' financial surveillance — One of the most important aspects of cryptocurrencies from a civil liberties perspective is that they can provide privacy protections for their users.| Raphael Satter / Reuters: |
Microsoft, Alphabet, Cisco, LinkedIn, GitHub, VMware, and the Internet Association file an amicus brief in support of WhatsApp in the WhatsApp v. NSO Group case — (Reuters) - Tech giants Microsoft, Alphabet , Cisco, and VMware on Monday joined Facebook's legal battle against hacking company NSO … | Shoshana Wodinsky / Gizmodo: |
Analysis: of the 60 biggest brands that paused Facebook ads in 2020, only ~10 continue to do so, and some of those have kept spending using other Facebook tools — This past summer, dozens of major brands pulled their ad dollars from Facebook in a protest of the company's handling of the hate speech and disinformation.| Kurt Wagner / Bloomberg: |
| Catalin Cimpanu / ZDNet: |
Group of 19 security firms and tech companies including Microsoft and McAfee form Ransomware Task Force to develop a standard framework to deal with ransomware — The newly-founded Ransomware Task Force will work to put together a standard framework for dealing with ransomware attacks.| Dave Lee / Financial Times: |
Study: tens of thousands of sellers are using Shopify to scam consumers and sell counterfeit goods, with up to 21% of 120K sites posing a risk to shoppers — Ecommerce platform's rapid growth during the pandemic has left it exposed to con artists — Tens of thousands of sellers are using … | Reuters: |
Lidar sensor manufacturer Ouster says it will go public through a SPAC, raising up to $200M at a valuation of ~$1.9B, the fifth lidar manufacturer to do so — (Reuters) - Ouster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, said on Tuesday it has agreed … | Vikas SN / The Economic Times: |
India-based VerSe Innovation, the company behind news app Dailyhunt and short video app Josh, raises $100M+ at $1B+ valuation from Google, Microsoft, and others — Dailyhunt parent VerSe Innovation has raised more than $100 million funding from tech giants Google and Microsoft … | Simon Parkin / New Yorker: |
Q&A with Nintendo designer Shigeru Miyamoto on what excites him about his work, his strengths and weaknesses as a boss, not abusing power, ambitions, and more — The legendary designer on rejecting violence in games, trying to be a good boss, and building Nintendo's Disneyland.| Jessica Bursztynsky / CNBC: |
IAC says it plans to spin off its full stake in Vimeo, making it an independent, publicly trade company in Q2 2021; IAC stock rises 8.5%+ — - IAC announced it is spinning off its full stake in Vimeo. — Vimeo will become an independent publicly traded company after the deal closes, expected in the second quarter of 2021.| New York Times: |
Sen. Ron Wyden says the US Treasury Department acknowledged that its email system used by senior leadership was breached by SolarWinds hackers beginning in July — The disclosure was the first acknowledgment of a specific intrusion in the vast cyberattack.| Catalin Cimpanu / ZDNet: |
| Rita Liao / TechCrunch: |
Chinese startup Horizon Robotics, which makes AI chips for robots and autonomous vehicles, raises $150M, part of a planned $700M Series C — In their rush to offer alternatives to advanced western chipsets, Chinese semiconductor companies are racking up large fundings from investors.| Sara Fischer / Axios: |
Facebook announces new security tools rolling out next year: mobile support for security keys, expansion of the Facebook Protect program, and more — Facebook next year plans to roll out mobile support for security tokens for users who want to take extra measures protect their accounts …
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| Dean Takahashi / VentureBeat: |
| Jesse Pound / CNBC: |
| Lawrence Abrams / BleepingComputer: |
| Sam Biddle / The Intercept: |
| Cecilia D'Anastasio / Wired: |