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November 24, 2021, 1:30 PM
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memeorandum
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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.
Tweets: @mosseri, @evelyndouek, @ceciliakang, and @rmac18
| Nikkei Asia: |
Sources: Apple taps TSMC to mass produce 4nm 5G modem chips for the iPhone in 2023, in an effort to reduce its reliance on Qualcomm — U.S. company aims to cut reliance on Qualcomm for key components — Apple plans to adopt TSMC's 4-nanometer chip technology for its 5G modems as it seeks to cut reliance on Qualcomm.
More:
Macworld, Gizmodo, The Verge, CNET, MacRumors, Appleosophy, TechSpot, Apple Must, Redmond Pie, SlashGear, 9to5Mac, MacDailyNews, iClarified, Wccftech, iPhone in Canada Blog, iMore, Philip Elmer‑DeWitt, Financial Times, AppleInsider, iThinkDifferent, iPhone Hacks, KrASIA, Techaeris, and Patently Apple
| CoinDesk: |
The Indian government pushes a bill for Parliament's winter session that would ban most cryptocurrencies and form a framework for creating a CBDC — While the bill might be the same as the draft submitted in January, expectations had grown that the government would submit a final version that would be accommodative to crypto.
More:
BBC, Decrypt, PYMNTS.com, Finextra, euronews, News18, Moneycontrol, Blockworks, Bloomberg, Bloomberg, Hindustan Times, TechRadar, Quartz, Cryptonews, Candid.Technology, The Economic Times, The Block, MediaNama, analyticsinsight.net, CryptoPotato, DealStreetAsia, Tech in Asia, and The Block
Tweets: @nischalshetty, @nischalshetty, @arpiit, @cryptooindia, @nbalajiv, @coindesk, @monikahalan, and @gautamchhugani
| Jon Porter / The Verge: |
Twitter updates its iOS app to stop automatically refreshing timelines and causing tweets to disappear, after rolling out the update on the web last week — ‘It should stay put!’ — Twitter has updated its iOS app to prevent those annoying situations where tweets disappear as you're trying to read them, the company has announced.
More:
CNET, TechCrunch, 9to5Mac, iPhone in Canada Blog, KnowTechie, and iMore
Tweets: @twittersupport and @jasonhirschhorn
| Reuters: |
Chinese state media says a regulator told Tencent to submit any new apps or updates for inspection through December 31; Tencent says its apps remain functional — Tencent Holdings' (0700.HK) apps remain functional and available for download, the company said on Wednesday in response … | Kyle Wiggers / VentureBeat: |
Brisbane-based Simpro, which offers work management tools for employees in the field, raises $350M and acquires productivity tools ClockShark and AroFlo — Field service management, which refers to the management of jobs performed in the field (e.g., telecom equipment repair), faces continued challenges brought on by the pandemic.
More:
PR Newswire, Reuters, FinSMEs, SiliconANGLE, and PYMNTS.com
| Peter Grant / Wall Street Journal: |
CB Insights: real estate tech startups have raised $9.5B during 2021 so far, topping the record $9B invested in the “proptech” sector during 2019 — Venture capitalists and other investors poured $9.5 billion into sector through mid-November — Growing landlord demand for better data … Thanks:@keithswiader
| Nikkei Asia: |
Japan's top banks and 70 other companies prepare to trial a new digital currency in H2 2022, backed by bank deposits and for large business transactions — Top lenders and NTT join test of vehicle for business transactions — A consortium of over 70 Japanese companies look to launch a digital currency as early as 2022.
More:
Reuters and Cointelegraph
| Mimi Billing / Sifted: |
Denmark-based podcasting and audio tech startup Podimo raises a $78M Series B led by 83North and Highland Europe — Companies in this sector have traditionally had difficulties in monetising audio content. Sweden's Acast introduced advertising as a way to pay the podcast's creators for their content.| James Marson / Wall Street Journal: |
How Belgian police infiltrated messaging service Sky ECC in February and March, gathering 1 billion messages that yielded arrests and drug seizures — Criminals thought encrypted Sky ECC cellphones were impregnable, but cops tapped a billion messages, yielding arrests and drug seizures
Tweets: @drewharwell, @kimzetter, @marson_jr, @keegan_hamilton, and @shelbyholliday
| Sneha Shah / The Economic Times: |
Indian used car marketplace Spinny raises a $285M Series E led by ADQ and Tiger Global at a $1.75B post-money valuation, after raising $108M in July — The company's valuation of $1.5 billion pre-money has nearly doubled since it raised $108 million from Tiger Global and others in July.
More:
TechCrunch, Entrackr, Tech in Asia, Entrackr, VCCircle, and Inc42 Media
| Taylor Soper / GeekWire: |
CoreStack, which offers companies AI-powered cloud governance software, raises a $30M Series B led by Avatar Growth Capital, bringing its total funding to $45M — The news: Seattle-area startup CoreStack raised a $30 million Series B round led by Avatar Growth Capital.| Nicole Perlroth / New York Times: |
Apple sues NSO Group in US federal court, seeking to ban NSO from using Apple products and alleging NSO illegally targeted Apple users with surveillance tools — Apple accused NSO Group, the Israeli surveillance company, of “flagrant” violations of its software, as well as federal and state laws.
More:
Apple, Apple Support, PCMag, MacRumors, CyberScoop, 9to5Mac, Threatpost, MobileSyrup, Wall Street Journal, TechCrunch, BBC, OSnews, Bloomberg, Washington Post, Engadget, The Verge, iPhone in Canada Blog, Input, CNBC, The Register, ZDNet, Washington Post, MediaNama, Gizchina, Protocol, ComputerWeekly.com, iMore, Telecoms.com, The Overspill, Reuters, infosecurity-magazine.com, TechRadar, The Hacker News, TechCircle, iPhone Hacks, Beyond Search, SiliconANGLE, schneier.com, The Register, The Times of Israel, International Business Times, Voice of America, Gizmodo, PhoneArena, The Information, 9to5Mac, Daring Fireball, CNN, Access Now, PYMNTS.com, CRN, Philip Elmer‑DeWitt, Patently Apple, NBC News, Macworld, Pixel Envy, City A.M., Benzinga, BGR, WRAL TechWire, CNET, SlashGear, iThinkDifferent, iTnews, The Guardian, PCMag, VICE, NBC Bay Area, The Record, Insider, XDA Developers, Mashable, Apple Must, Neowin, The Mac Observer, BleepingComputer, MacRumors, iMore, Engadget, CNET, iDownloadBlog.com, MSPoweruser, AppleInsider, iPhone in Canada Blog, TechCrunch, SecurityWeek, and Axios
Tweets: @jsrailton, @jsrailton, @howelloneill, @wcathcart, @nelsonmrosario, @juanandres_gs, @jsrailton, @jsrailton, @orinkerr, @camillefrancois, @nicoleperlroth, @jsrailton, @dennisf, @blakereid, @riana_crypto, @riana_crypto, @swiftonsecurity, @matthew_d_green, @riana_crypto, @stroughtonsmith, @rondeibert, @jsrailton, @blakereid, @matthew_d_green, @bing_chris, @nytimesbusiness, @laughing_mantis, @blakereid, @jsrailton, @runasand, @taviso, @blakereid, @riana_crypto, @vickerysec, @malwarejake, @martin_u, @howelloneill, @shahed, @agvaryahu, @kenroth, @howelloneill, @epro, @jsrailton, @snowden, @rasha_abdul, @kimzetter, @nicoleperlroth, @carolecadwalla, @stshank, @matthew_d_green, @nicoleperlroth, @arvindgunasekar, @backlon, @marwasf, @claritytoast, @baddcompani, @stevekovach, @stevekovach, @caseynewton, @nicoleperlroth, @nicoleperlroth, @awinston, @nicoleperlroth, @deitaone, and @deitaone
| Elizabeth Howcroft / Reuters: |
Decentraland says it sold a virtual real estate plot for $2.4M in crypto to Tokens.com subsidiary Metaverse Group, claiming it to be its largest transaction — A patch of virtual real estate in the online world Decentraland sold for a record $2.4 million worth of cryptocurrency … | Vikas Sn / Moneycontrol: |
India-based Dream Sports, which runs online fantasy platform Dream11, raises $840M led by D1, Tiger Global, and others at an $8B valuation, up from $5B in March — Dream11 spent heavily on advertising and promotions during the fiscal, in a bid to capitalise on the surge in mobile gaming in the country
More:
The Economic Times, The Economic Times, Livemint, Tech in Asia, and Business Standard. Thanks:@tsuvik
| Jordan Pearson / VICE: |
ConstitutionDAO's organizers say the project has run its course and will shift its Discord channel into read-only mode in two weeks — The attempt by crypto fans to buy a copy of the Constitution has been defined by chaos since it failed. Now, it's dead. — Jordan Pearson
More:
The Block, The Verge, The Guardian, Bloomberg, Blockworks, and CoinDesk
Tweets: @constitutiondao, @carnage4life, @jamesrbuk, @sadalsvvd, @gabrielayuso, @motherboard, @twobitidiot, @carnage4life, and @sarthakgh
| Joe Rossignol / MacRumors: |
Apple delays the release of its digital ID feature in the Wallet app for iOS and watchOS until early 2022 — Apple recently updated its website to indicate that an upcoming iOS 15 and watchOS 8 feature that will let you add your driver's license or state ID to your iPhone and Apple Watch …
More:
Macworld, CNET, BBC, USA Today, KnowTechie, SlashGear, TechCrunch, NFCW, Pocketnow, PhoneArena, MacDailyNews, Laptop Mag, O'Grady's PowerPage, Neowin, Tom's Guide, Cult of Mac, The Verge, Pocket-lint, iMore, iPhone in Canada Blog, Appleosophy, 9to5Mac, and AppleInsider
Tweets: @joannastern, @maxwinebach, and @rsgnl
| Slate: |
A look at the case of former Facebook engineer Behdad Esfahbod, who was detained in Iran in 2020, the company's response, lessons for Facebook, and more — Among software engineers, Behdad Esfahbod is something of a celebrity. He created HarfBuzz, a tool that allows programs to render scripts …
Tweets: @maasalan, @theophite, and @behdadesfahbod
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