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November 25, 2021, 7:50 AM
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| New York Times: |
Adam Mosseri agrees to testify about Instagram's effects on teenage users before a Senate Commerce subcommittee during the week of December 6 — Adam Mosseri, the head of Instagram, has agreed for the first time to testify before Congress, as bipartisan anger mounts over harms to young people from the app.| Michael McSweeney / The Block: |
Coinbase acquires crypto wallet startup BRD and says BRD wallet users will have the option to migrate to the Coinbase wallet in 2022 — Crypto exchange Coinbase has acquired the crypto wallet startup BRD, according to a notice from its leadership team. — In a letter address …
More:
BRD, Blockchain News, CoinDesk, CoinJournal, Cryptonews, Crypto Briefing, SiliconANGLE, PYMNTS.com, CryptoPotato, TechCrunch, and Cointelegraph
Tweets: @coinbasewallet, @sid_coelho, @spencerchen, @cointelegraph, @surojit, @brdhq, and @cointelegraph
| Nathaniel Mott / PCMag: |
Check Point details MediaTek DSP firmware vulnerabilities in some Android smartphones that could be exploited to eavesdrop; MediaTek released patches in October — Check Point Research discovers a vulnerability in the digital signal processor found in MediaTek's system-on-chip offerings.| Wall Street Journal: |
Verizon and AT&T offer to reduce the power coming from 5G towers for six months as the FAA examines possible aircraft interference — Wireless operators said they will limit the strength of service while regulators review the impact on planes and helicopters
More:
Light Reading, 9to5Mac, CNET, The Hill, Bloomberg, Neowin, Slashdot, AppleInsider, PhoneArena, Android Central, Digital Trends, Engadget, The Verge, Notebookcheck.net, and Reuters. Tweets: @mporielly
| Michael Levenson / New York Times: |
Pinterest settles lawsuit by shareholders over allegations of discrimination by pledging $50M to overhaul its corporate culture and promote diversity — Pinterest pledged $50 million to overhaul its corporate culture and promote diversity as part of an agreement to resolve allegations … | Sam Schechner / Wall Street Journal: |
EU proposes stricter rules for political ads, including sharing info on ads and banning targeting based on race, or face fines up to 5% global revenue — Proposed measure would ban targeting political ads based on categories such as religious views, sexual orientation
More:
Forbes, European Commission, and Fortune
Tweets: @eu_commission, @eu_commission, @vonderleyen, and @eu_commission
| Sergiu Gatlan / BleepingComputer: |
A Windows 10 and Windows 11 exploit allows an attacker with physical access to gain SYSTEM privileges, bypassing Microsoft's patch from earlier this month — Malware creators have already started testing a proof-of-concept exploit targeting a new Microsoft Windows Installer zero …
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Gizmodo, The Hacker News, Tom's Hardware, SlashGear, Tom's Guide, Digital Trends, TechSpot, Threatpost, Pureinfotech, PCMag, BetaNews, and MSPoweruser
Tweets: @talossecurity and @gossithedog
| Hans Nichols / Axios: |
Sources: five Democratic senators told the White House they oppose crypto critic Saule Omarova, Biden's pick to lead the OCC, effectively killing her nomination — Five Democratic senators have told the White House they won't support Saule Omarova to head the Office of the Comptroller of the Currency …
More:
Slashdot. Tweets: @taniel, @maxkennerly, @kurtschlichter, @davidgura, @samadlerbell, @kerpen, @emperoreagan, and @axios
| Alexandra Bruell / Wall Street Journal: |
Q&A with Christie's head of marketing Neda Whitney on selling NFTs, expanding beyond traditional high-value artwork, the metaverse, and more — Neda Whitney, Christie's head of marketing for the Americas, talks about demystifying nonfungible tokens, showing up in the metaverse and reaching …
Tweets: @wsj
| Malique Morris / The Information: |
Poshmark's market cap is now $1.4B, a 50%+ drop from its January IPO, as revenue growth slowed to 16% in Q3, down from 42% in Q1, amid Apple's privacy changes — This should be Poshmark's moment. The online merchant is at the center of a burgeoning social shopping explosion …
Tweets: @theinformation, @luxeoflique, @sarthakgh, and @carnage4life
| Demetri Sevastopulo / Financial Times: |
The US places a dozen Chinese groups developing quantum computing, semiconductor, and aerospace technologies on an entity list, blocking exports to them — Move reflects mounting concern Beijing could acquire encryption-busting technologies from US groups — The US has placed …
More:
CNBC, Reuters, U.S. Department of Commerce, Financial Times, The Overspill, Engadget, South China Morning Post, and CNET
Tweets: @aadilbrar and @martijnrasser
| Evelyn Cheng / CNBC: |
Baidu says it has won approval to start collecting fares for Apollo Go robotaxis in Beijing's Yizhuang district, the first such approval in a large Chinese city — - Beijing's municipal government has approved a permit for Baidu's Apollo Go robotaxi business to collect fares in a part of the capital city.
More:
PingWest, Bloomberg, and Tech in Asia
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