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November 23, 2021, 11:35 AM
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| Reuters: |
Italy's antitrust regulator fines Amazon and Apple a total of $225M+ for alleged anti-competitive cooperation to sell Apple and Beats products — Italy's antitrust authority has fined U.S. tech giants Amazon.com (AMZN.O) and Apple Inc (AAPL.O) a total of more than 200 million euros … | Juli Clover / MacRumors: |
Location tracking service Life360 acquires Tile, which makes Bluetooth-based tracking accessories that compete with Apple's AirTag, for $205M — Tile, known for its range of Bluetooth-based tracking accessories that compete with the AirTag, is being acquired by location tracking service Life360, Tile announced today.
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PR Newswire, Silicon Valley Business …, Reuters, Chris Hulls, Wccftech, The Verge, Telecoms.com, XDA Developers, Forbes, Australian Financial Review, Engadget, iPhone in Canada Blog, 9to5Mac, Dow Jones Newswires, AppleInsider, and Australian Financial Review
Tweets: @thetileapp, @gwestr, and @rjcc
| VICE: |
ConstitutionDAO faces existential questions as a “core team” makes key decisions; high transaction fees mean ~50% of “investors” may lose the money they put in — ConstitutionDAO tried to buy the Constitution. Now it has a $40 million mess on its hands and entire refunds are being wiped out by high fees.
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Quartz and Gizmodo
Tweets: @jason_koebler, @vice, @jeremiahlee, @ethanz, @davelevitan, @packym, @jason_koebler, @jyarow, @jerkob, @scottmelker, @johnkoetsier, @parismarx, @armchairdude, @carnage4life, @jason_koebler, @richlightshed, @alexisgoldstein, @rstephens, @bethelderkin, @timmarchman, @domdelport, @erratarob, @cooperlund, @blowdart, @tempusrob, @motherboard, @eevee, @joshsternberg, @jamespmcleod, @gerritd, @fredbenenson, @tonyajoriley, @jason_koebler, @jason_koebler, @jason_koebler, and @alex
| Jiyoung Sohn / Wall Street Journal: |
Sources: Samsung plans to build a ~$17B chip factory in Taylor, Texas, in 2024, with an announcement expected today; Samsung says location is not finalized — The announcement is expected at Tuesday event to be attended by Texas Gov. Greg Abbott, sources say
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The Hill, AppleInsider, Digital Trends, Bloomberg, The Verge, SamMobile, Barron's Online, Bloomberg, Houston Business Journal, PhoneArena, The Economic Times, Android Headlines, and Reuters
Tweets: @halsrethink, @oren_cass, @traceyryniec, and @jimcramer
| David Thiel / @elegant_wallaby: |
[Thread] A former Facebook employee says Meta announced an “absurdly accelerated timeline” for e2ee messaging to preempt antitrust action and generate good PR — Please stop with this. Child safety is not FUD, nor disingenuous. Here is what happened with Facebook's haphazard E2EE plan, from someone who was there and familiar with the underlying systems. 1/
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TNW, Android Headlines, MSPoweruser, MacRumors, and Pocket-lint
Tweets: @evan_greer, @elegant_wallaby, @elegant_wallaby, @matthew_d_green, @alecmuffett, @matthew_d_green, @elegant_wallaby, @alecmuffett, @alecmuffett, @elegant_wallaby, @elegant_wallaby, @elegant_wallaby, @elegant_wallaby, @elegant_wallaby, @elegant_wallaby, @elegant_wallaby, @brianfishman, @kevinrschultz, @elegant_wallaby, @benedictevans, @alecmuffett, @alecmuffett, @elegant_wallaby, @matthew_d_green, @elegant_wallaby, @szhang_ds, @matthew_d_green, @alecmuffett, @vickerysec, @elegant_wallaby, @tweetinjules, @evan_greer, @willoremus, @_andyburrows, @ariehkovler, @pinboard, @alexstamos, @zeynep, @pinboard, @caseynewton, @zeynep, @alexstamos, and @rachaelmyrow
| Jillian Deutsch / Bloomberg: |
EU lawmakers approve measures in the draft Digital Markets Act, including mandating messaging or social app interoperability and banning ad targeting to minors — - Competing messaging apps may have to be interoperable — Companies would have to stop targeting some ads to minors
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Politico, European Parliament, Reuters, beuc.eu, Electronic Frontier Foundation, and Tech Xplore
Tweets: @ep_singlemarket, @blackamazon, and @vittoriobertola
| Niantic: |
Niantic, the AR platform company behind Pokémon Go, raises $300M from Coatue at a $9B valuation — Niantic Inc., developer of the world's first and only planet-scale AR platform, announced today that Coatue has made a $300 million investment in the company at a valuation of $9 billion.
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TechCrunch, thegamer.com, Game Developer, ExchangeWire.com, Road to VR, NullTX, Coinspeaker, Cointelegraph, GamesIndustry.biz, VentureBeat, and Reuters
Tweets: @joelle_emerson, @parsa_s, @hilzfuld, @johnhanke, @dburgar, @jerrycap, @msquinn, and @msquinn
| Wendy Lee / Los Angeles Times: |
Two former Netflix employees, one who just resigned, at the center of protests over Chappelle's special withdraw their NLRB charge against the company — Two former Netflix employees who raised concerns about transphobic remarks in Dave Chappelle's latest special “The Closer” … | Nikkei Asia: |
Source: Japan is allocating $5.2B in fiscal 2021 to support semiconductor manufacturers, including $3.5B for TSMC — Micron and Kioxia set to get subsidies for domestic memory chip factories — The Japanese government has made plans to ensure a stable domestic supply of microchips.
More:
Reuters
| Kate Park / TechCrunch: |
Verbit, which uses AI and freelancers to provide voice transcription services, raises $250M Series E at a $2B valuation, after hitting a $1B+ valuation in June — Less than six months after raising a $157 million Series D round, AI-powered transcription and captioning platform Verbit announced today …
More:
CTech, VentureBeat, VITAC, and Verbit
| Nick Harris / The Mail on Sunday: |
Analysis: 17 of 20 English Premier League clubs have signed commercial deals with cryptocurrency companies, drawing criticism for potentially exploiting fans — - A number of top-flight clubs have been criticised for monetising fan interaction — Fears deals could replace top-flight clubs' relationship with gambling companies
More:
The Guardian, Associated Press, Insider, Telegraph, The Guardian, Micky, Cointelegraph, and Football365
Tweets: @sportingintel, @sportingintel, @sportingintel, @sportingintel, and @uglygame
| Rich Woods / XDA Developers: |
Sources: Qualcomm has an exclusivity deal with Microsoft for Windows on ARM that is set to expire soon, opening up chip vendor competition — Last week, we reported that MediaTek is planning to build a chipset for Windows on ARM. As it turns out, the Windows on ARM chipset space …
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Computerworld, Thurrott, Protocol, iDownloadBlog.com, OnMSFT.com, Cult of Mac, Redmond Pie, WinBuzzer, Gizmodo, iThinkDifferent, The Verge, Pocketnow, Digit, BetaNews, iPhone Hacks, MacRumors, iMore, iMore, SamMobile, Neowin, iClarified, 9to5Mac, AppleInsider, Appleosophy, Six Colors, and MacDailyNews
Tweets: @mniehaus, @vadimyuryev, @liliputingnews, @martinnobel_, and @therichwoods
| Dennis Schaal / Skift: |
Peek, which offers tools to manage tours and activities, raises a $80M Series C led by WestCap, bringing its total funding to ~$120M — Skift Take — Peek survived the pandemic when so many tours and activities' operators went into hibernation or worse, and now it has another $80 million in the bank for expansion.| Nikkei Asia: |
Analysis: 597 VC firms have invested in Indian startups this year, with 211 of them making their debut investments; hedge funds invested $4.3B, up ~3x from 2020 — BENGALURU — Hundreds of venture capital firms from around the world are investing in India for the first time …
Tweets: @prasannavishy
| Kim Lyons / The Verge: |
Twitter debuts aliases for contributors to its Birdwatch moderation program, so their handles aren't included in notes they leave on users' tweets — The program is intended as a method of debunking misinformation on the platform — Twitter is introducing aliases for participants … | Bloomberg: |
Xiaomi reports Q3 revenue rose 8% YoY to $12.2B as net income dropped 84% YoY to $123.5M, driven by component shortages and growing competition in China — - CEO expects chip crunch to persist well into 2022 but ease — Supply chain disruptions, Honor's rise eroded market share
More:
CNN, Nikkei Asia, Reuters, and Xiaomi Corporation
| Christine Hall / TechCrunch: |
Budapest-based Bitrise, which helps companies develop mobile apps, raises a $60M Series C led by Insight Partners — As more of the world shifts to doing everything from their smartphones, the ability to build better iOS and Android apps has to move with it.
More:
VentureBeat
| Romain Dillet / TechCrunch: |
Payhawk, which offers an all-in-one financial management service for businesses in Europe, raises a $112M Series B led by Greenoaks at a $570M valuation — If you've followed corporate card and spend management startups in the U.S., you might be familiar with Brex and Ramp.
More:
VentureBeat, PYMNTS.com, Business Wire, Finextra, Tech.eu, The Block, and EU-Startups
| Zheping Huang / Bloomberg: |
Kuaishou beats as Q3 revenue rose 33.4% YoY to $3.2B, above $3.15B estimates, with a $1.1B net loss, and Chinese MAUs rose 19.5% YoY to 573M — Kuaishou Technology's revenue increased 33%, defying China's tech crackdown and intensifying competition with ByteDance Ltd.
More:
TechCrunch, Yahoo Finance, South China Morning Post, and Tech in Asia
| Jonathan Haidt / The Atlantic: |
Regulators and legislators should mitigate Instagram's harmful effects on teen girls by toughening COPPA and forcing Facebook and others to share data — Social media gets blamed for many of America's ills, including the polarization of our politics and the erosion of truth itself.
More:
The Guardian. Tweets: @jonhaidt, @jonhaidt, @jonhaidt, @jonhaidt, @aa_marsh, @jonhaidt, @jamescantorphd, @jonhaidt, @brettmccracken, @pfagell, @joefortenbaugh, @jonhaidt, @theatlantic, and @andrewyang
| Frederic Lardinois / TechCrunch: |
Vercel, which develops the Next.js framework, raises a $150M Series D at a $2.5B valuation, after raising a $102M Series C at a $1B valuation in June 2021 — Only a few months ago, Vercel, the company behind the popular Next.js framework for front-end developers, announced …
More:
VentureBeat and Business Wire
| Mary Ann Azevedo / TechCrunch: |
São Paulo-based buy now, pay later startup TruePay raises a $32M Series A led by Addition, three months after raising an $8.5M seed — Global investors continue to be drawn to LatAm. — TruePay, a one-year-old São Paulo-based “buy now, pay later” startup … Sponsor Posts
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