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November 25, 2021, 1:30 PM
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| 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 …
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NBC News, Engadget, CNET, and The Verge
Tweets: @zoeschiffer, @erinkwoo, @blackamazon, and @joyehoward
| 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.
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BBC, MobileSyrup, PCMag, 9to5Mac, Pocketnow, iDownloadBlog.com, XDA Developers, Neowin, PhoneArena, Android Central, iPhone in Canada Blog, Wccftech, Engadget, Pocket-lint, The Verge, Mashable, Tubefilter, and Gizmodo. Tweets: @chrismessina
| 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
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Engadget, GamesIndustry.biz, Kotaku, Game Rant, The Verge, PC Gamer, thegamer.com, PC Games Insider, IGN, Game Developer, Tubefilter, and Axios
| 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 …
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BRD, CoinDesk, Coinspeaker, Cryptonews, CoinJournal, Blockchain News, Decrypt, PYMNTS.com, SiliconANGLE, Crypto Briefing, CryptoPotato, TechCrunch, and Cointelegraph
Tweets: @coinbasewallet, @cointelegraph, @surojit, @cointelegraph, @brdhq, @sid_coelho, and @spencerchen
| 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.
More:
Check Point Research, ZDNet, Check Point Software, TechCircle, The Register, Dark Reading, TechRadar, BleepingComputer, The Record, The Hacker News, and infosecurity-magazine.com. Tweets: @pcmag
| 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
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Politico, European Commission, TechCrunch, Fortune, and Forbes
Tweets: @eu_commission, @eu_commission, @vonderleyen, and @eu_commission
| 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
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Light Reading, The Hill, CNET, TechRadar, 9to5Mac, Neowin, Bloomberg, AppleInsider, Notebookcheck.net, PhoneArena, Slashdot, Android Central, Digital Trends, Reuters, Engadget, and The Verge
Tweets: @trengriffin and @mporielly
| Keith Zhai / Wall Street Journal: |
Sources: at least nine state-run Chinese firms, including China Mobile, tell staff to limit use of Tencent's domestic chat app Weixin, citing security concerns — Employees were told to disband chat groups over security concerns, as Beijing's scrutiny into Tencent grows
Tweets: @jchengwsj
| Patricia Allen / EU-Startups: |
Everstox, which offers product management and monitoring software for logistics operators, raises a €20M Series A led by Acton Capital — Logistics-as-a-service tech company everstox has just secured a €20 million boost to expand across Europe. The Munich-based startup …
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FinSMEs, Tech.eu, and Flexible Warehousing …
| Charlie Taylor / The Irish Times: |
Filings: Google Ireland will pay €218M in backdated corporation tax to Irish authorities; Google Ireland had €48.4B in revenue in 2020, up from €45.7B in 2019 — Wage bill exceeds €500m for the first time with employees paid on average €120,000| Meir Orbach / CTech: |
Israel reduces the countries approved for export of cyber tools from 102 to 37, most of which are in the West, after US sanctions NSO and Candiru — The Ministry of Defense has reduced the number of countries approved for export of cyber tools by Israeli companies from 102 to 37
More:
The Times of Israel and Candid.Technology
| 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.Sponsor Posts
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