Techmeme: Botkeeper, which provides AI-powered bookkeeping automation software, raises a $42M Series C led by Grand Oaks Capital, bringing its total funding to $89.5M (Lucia Maffei/Boston Business Journal)

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November 6, 2021, 9:35 PM

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Nikhilesh De / CoinDesk:

The US infrastructure bill amends tax code section 6050I to require certain recipients of digital assets worth $10K+ to report sender details to the IRS — The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a controversial cryptocurrency tax reporting requirement.

More: DeCential, Decrypt, Crowdfund Insider, Notebookcheck.net, Cointelegraph, and Crypto Briefing

Tweets: @brian_armstrong, @jakesherman, @ecombryan, @dalperovitch, and @dalperovitch

Jacob Pramuk / CNBC:

House passes $1T+ bipartisan infrastructure bill, with a controversial crypto tax provision and $65B in broadband funding; Biden could sign the bill within days — - The House passed a more than $1 trillion bipartisan infrastructure bill, sending it to President Joe Biden for his signature.

More: The Record, CNET, NPR, Benzinga, Politico, Associated Press, and The Hill. Tweets: @m_f_rose

Christopher Mims / Wall Street Journal:

How a scarcity of secondhand chip manufacturing machines, which use older fabrication techniques, has exacerbated the global chip shortage — The world is hungry for semiconductors, and not all of them need to be made with cutting-edge technology. The race is on to find older machines that can still crank out chips.

Tweets: @trengriffin, @mims, @adityapolsani99, @chadbown, and @mparekh

Sarah Gooding / WP Tavern:

A recently unredacted antitrust complaint alleges that Google gives AMP a “nice comparative boost” by throttling load times of non-AMP ads via one-second delays — The Chrome Dev Summit concluded earlier this week. Announcements and discussions on hot topics impacting …

Tweets: @robinberjon, @campuscodi, @andrew_morgs, @joshhostels, and @adriaanvrossum

Madeleine Morley / New York Times:

A look at digital pets site Neopets, which had 25M users in the mid-2000s, as owner JumpStart Games says 30%-40% of former users returned since March 2020 — When Allison Kennedy visited her Neopets in May after a four-year hiatus, they were crying. Big blue tears of hunger and sadness ran down their cheeks.

Tweets: @dodaistewart, @kirstenmorry, @wearenew_public, @shannon_liao, @gretakaul, @caitlinsgilbert, @_rossandrea, @emersongreg, @abbyhamblin, @nytimesarts, @cindypepper, @nthnashma, and @tiffmoustakas

Catalin Cimpanu / The Record:

DeFi platform bZx says a hacker stole an estimated $55M worth of cryptocurrency assets after spear-phishing one of its employees and swiping two private keys — A hacker has stolen an estimated $55 million worth of cryptocurrency assets from bZx, a decentralized finance (DeFi) …

More: bZx network, Security Affairs, BitcoinExchangeGuide, Crypto Briefing, Decrypt, CoinDesk, and The Block

Tweets: @dcuthbert, @arekfurt, and @campuscodi

Lucia Maffei / Boston Business Journal:

Botkeeper, which provides AI-powered bookkeeping automation software, raises a $42M Series C led by Grand Oaks Capital, bringing its total funding to $89.5M — Boston-based bookkeeping automation software provider Botkeeper plans to double its engineering team after raising $42 million in a Series C round led by Grand Oaks Capital.

More: FinSMEs, Accounting Today, and PR Newswire. Tweets: @bosbizlucy

Sam Biddle / The Intercept:

FOIA records show US Treasury bought location and other app data from controversial company Babel Street in recent months to hunt for tax and sanctions dodgers — The Treasury Department has in recent months expanded its digital surveillance powers, contracts provided to The Intercept reveal …

More: Engadget. Tweets: @carnage4life, @samfbiddle, and @_jack_poulson

Christine Hall / TechCrunch:

Neuro-ID, whose real-time behavioral analytics tool helps companies reduce fraud and customer friction, raises a $35M Series B led by Canapi Ventures — Much of our days are built around digital experiences, and companies are increasingly looking for ways to unlock conversion and optimize fraud screening.

More: Business Wire and PYMNTS.com

Tweets: @walkerforehand, @haley_codes, and @jeffreyreitman

Benjamin Mayo / 9to5Mac:

Report: Apple and TSMC plan to produce 3nm chips for Macs as soon as 2023, with as many as four dies and up to 40 CPU cores per chip — Apple is taking the PC world by storm with its first debut of Apple Silicon chips inside of Macs, taking what it learned from developing the iPhone and iPad …

Source: The Information. More: Tom's Guide, Philip Elmer‑DeWitt, Ubergizmo, AppleInsider, BGR, PhoneArena, Ars Technica, TechRadar, Tom's Hardware, iThinkDifferent, MacRumors, Macworld, iPhone Hacks, iDownloadBlog.com, iPhone in Canada Blog, Slashdot, and MacDailyNews

Tweets: @carniphage, @tedjgould, @brianroemmele, @vadimyuryev, @waynema, and @markdistef

Antoine Gara / Financial Times:

Sources: McAfee is in advanced talks to go private in a deal worth over $14B, including $4B in debt, led by private equity firm Advent International — Buyout would be one of largest this year and mark end of company's brief stint on public markets — Antivirus software company McAfee …

More: Wall Street Journal, PCMag, The Economic Times, Bloomberg, The Motley Fool, Insider, MarketWatch, CRN, Silicon Valley Business …, and Reuters

PYMNTS.com:

Abound, an online wholesale marketplace connecting retailers and brands, raises a $36.7M Series B led by D. E. Shaw, bringing its total funding to $59.6M — Wholesale marketplace Abound raised $36.7 million in a Series B funding round led by D. E. Shaw group, with additional support from PointState Capital …

Source: PR Newswire. More: AlleyWatch

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:

Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”, after CBS aired a Late Show rerun in which Colbert mocked Trump

Zachary Leeman / Mediaite:

White House deputy chief of staff Stephen Miller calls for CBS staff who “revolted” over Bari Weiss' decision to postpone 60 Minutes' CECOT segment to be fired

Rebecca Rubin / Variety:

Disney crosses the $6B milestone at the box office for the first time since the COVID-19 pandemic; no other studio has managed to reach $6B since 2015

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More News

FinSMEs:

Gather, which builds metaverse-like environments for offices, events, and conferences, raises a $50M Series B led by Sequoia Capital and Index Ventures

Source: Gather. More: Fast Company

Tweets: @flippnflops, @jowyang, and @joshelman

PYMNTS.com:

Plate IQ, which develops invoice and payments software for the restaurant and hospitality industry, raises a $160M Series B from FTV Capital

Source: Business Wire. More: PitchBook

Bloomberg:

Medical records and billing software provider Kareo merges with health care IT company PatientPop to form Tebra; source: Tebra is valued at $1B including debt

Source: Business Wire. More: eMarketer and FierceHealthcare

Jamie Crawley / CoinDesk:

Bitcoin Cash briefly spiked 4.6% on Friday after a fake PR Newswire press release, which also appeared on Kroger.com, claimed Kroger will begin accepting it

More: Reuters, Bloomberg, MarketWatch, Wall Street Journal, Crypto Briefing, The Verge, CoinDesk, The Daily Hodl, Bitcoinist.com, Techaeris, The Block, Cointelegraph, and Mashable

Tweets: @crypto, @thestalwart, and @reuters

Harrison Weber / dot.LA:

Bird closes its first day on the NYSE flat at $8.40 per share, after going public via a SPAC merger which valued it at ~$2.3B

More: Yahoo Finance

Vishal Singh / Silicon Canals:

Berlin-based Moonfare, which offers a private equity investment service, raises a $125M Series C led by Insight Partners, bringing its total funding to $185M

Earlier Picks

Bloomberg:

Apple hires CJ Moore, Tesla's Autopilot Software director who in January told the DMV that Musk's “Full-Self Driving” claims didn't “match engineering reality”

More: The Verge, PCMag, Benzinga, iMore, Engadget, Neowin, Gizchina, Appleosophy, iPhone in Canada Blog, Channel NewsAsia, 9to5Mac, and AppleInsider

Tweets: @realteslanorth and @wholemarsblog

Anton Shilov / Tom's Hardware:

Intel to acquire part of Taiwan-based VIA Technologies' Centaur x86 CPU subsidiary for $125M, including some engineers from VIA's Austin, Texas campus

More: TechSpot, AnandTech, and WikiChip Fuse

Tweets: @david_schor, @david_schor, @ryansmithat, and @iancutress

Chance Miller / 9to5Mac:

Apple says it has identified and fixed a firmware issue with its T2 security chip, which bricked some Macs while upgrading to macOS Monterey

More: Ars Technica, Redmond Pie, Techaeris, Gizchina, Ubergizmo, iPhone in Canada Blog, The Verge, iDownloadBlog.com, iPhone Hacks, AppleInsider, and iClarified

Tweets: @reneritchie and @campuscodi

Balaji Srinivasan / @balajis:

Twitter commentary erupts after Microsoft Ignite speakers described their physical appearance and race and noted the Microsoft campus was built on native land

Rebecca Bellan / TechCrunch:

Lime raises $523M in convertible debt and term loan financing and says it plans to go public next year

More: Bloomberg, Silicon Canals, Reuters, li.me, TheStreet, Wall Street Journal, PYMNTS.com, Fortune, SiliconANGLE, Silicon Republic, and The Verge

Tweets: @wayneting, @dkhos, and @limebike