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November 25, 2021, 1:30 PM
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Top News

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 …
Sarah Perez / TechCrunch:
Spotify confirms it is testing a TikTok-like vertical feed of music videos, called Discover, which appears to repurpose Canvas videos, in its iOS app  —  TikTok has seen its short-form video feed copied by a host of competitors, from Instagram to Snap to YouTube and even Netflix.
Nicole Carpenter / Polygon:
Roblox sues Ruben Sim, a YouTuber it has banned over harassment and sexual content, for leading a “cybermob” that it says terrorizes its platform and developers  —  The banned Roblox user is also a popular and controversial YouTube creator, Ruben Sim
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 …
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.
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
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
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:30 PM ET, November 25, 2021.

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

Jody Godoy / Reuters:
Sources: a group of US states is preparing a lawsuit against Paramount's WBD acquisition; California's AG has said his office would make a decision soon

Ted Johnson / Deadline:
Memo: Lesley Stahl, Bill Whitaker, and Jon Wertheim say they will stay at 60 Minutes as they don't want to see it die and are “working to build trust with Nick”

Madison Darbyshire / Bloomberg:
Profile of YouTuber Markiplier, whose 38.5M subscribers propelled Iron Lung, the movie he wrote, financed, and directed, to a $40M box office in its first month

More News

Jabari Young / CNBC:
WatchBox, an online marketplace for buying, selling, and trading luxury watches, raises $165M from investors including Michael Jordan and Giannis Antetokounmpo
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
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
Sam Reynolds / Blockworks:
Banking Committee chair Sen. Sherrod Brown probes Coinbase, Binance.US, Tether, and others over stablecoin consumer risks, and seeks a response by December 3

Earlier Picks

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
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
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
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
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
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