| 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 … | Catalin Cimpanu / ZDNet: |
Three VPNs popular with criminals and active for over a decade have had their servers and web domains seized by law enforcement from US, Germany, France, others — The three VPN services provided safe haven for cybercriminals to carry out ransomware attacks, web skimming operations, spearphishing, and account takeovers.| 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: |
| Dana Mattioli / Wall Street Journal: |
Investigation details Amazon's campaigns over the years to steamroll rivals and partners, including those on its marketplace, sometimes with Bezos' involvement — CEO Jeff Bezos still runs the e-commerce giant with the drive of a startup trying to survive, and that strand of its corporate DNA is becoming a liability| 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: |
Facebook's small advertisers say that the company's inflexible account blocking tools and lack of customer assistance is hurting their businesses — - Marketers find ads still running after losing account access — Social network's automated tools ‘not perfect,’ company says| Jennifer Epstein / Bloomberg: |
Biden transition team says Twitter told it current followers of @POTUS won't carry over to Biden, whose @POTUS account will start at zero, a reversal from 2017 — - Followers were transfered to Trump from Obama in 2017 — First lady, press secretary accounts also reset to zero| 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.| 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 use Shopify to scam consumers and sell counterfeit goods, with ~21% of sampled merchant 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 … | Laura Kreutzer / Wall Street Journal: |
Mobile app marketing optimization service Liftoff says Blackstone Group has made a majority investment in the company; source: the amount is close to $400M — Liftoff Mobile uses machine learning to help app marketers improve and track performance — Blackstone Group Inc. is betting … | Matt Day / Bloomberg: |
Amazon says it will delay a planned raise in merchant fees for storing and shipping items until June 2021 in the US, EU, and Japan — - Largest online retailer to hold fees steady in U.S., EU, Japan — UPS, FedEx had already announced shipping price increases| Alexander Osipovich / Wall Street Journal: |
SEC approves NYSE's plan to let companies raise capital and issue new shares via direct listings, potentially helping startups save on bank fees — Proposal lets companies raise capital through direct listings — The Securities and Exchange Commission will allow companies … | 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 … | 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 13%+ — - 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.| Nikhilesh De / CoinDesk: |
SEC sues Ripple Labs, its CEO Brad Garlinghouse, and Chairman Chris Larsen, alleging they violated federal securities laws in selling XRP to retail consumers — The U.S. Securities and Exchange Commission (SEC) believes Ripple Labs violated federal securities laws in selling the XRP cryptocurrency to retail consumers.| Paul Page / Wall Street Journal: |
Logistics startup project44, which helps companies track shipments and spot issues, raises $100M Series D led by Insight Partners — Latest funding round will support expansion of the company's visibility platform, boosting its services and geographic reach on the way to possible public offering| 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 … | 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, avoiding abuse of power, ambitions, more — The legendary designer on rejecting violence in games, trying to be a good boss, and building Nintendo's Disneyland.| 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.
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| Dean Takahashi / VentureBeat: |
| Vikas SN / The Economic Times: |
| Reuters: |
| Lawrence Abrams / BleepingComputer: |