| Eric Slivka / MacRumors: |
Kuo: Apple AR headset to launch in late 2022 with an M1-like chip and no tethering to a Mac or an iPhone; Apple wants to replace the iPhone with AR in 10 years — Apple's long-rumored augmented reality (AR) headset project is set to bear its first fruit late next year with the launch … | Bloomberg: |
Sources: Chinese regulators asked Didi Global's management to devise a plan for delisting from the NYSE over concerns about leaking sensitive data — - Regulators asked Didi brass to devise a plan to go private — Forced delisting will be severest action against China Tech| Natasha Lomas / TechCrunch: |
UK's CMA says Google has agreed to an expanded set of commitments as part of the regulator's oversight in the development of Privacy Sandbox — As part of an ongoing antitrust investigation into Google's Privacy Sandbox by the UK's competition regulator, the adtech giant has agreed … | Bloomberg: |
China says it is considering setting up a digital asset exchange in Beijing and calls for faster trials of the digital yuan — China is considering setting up a digital asset exchange in Beijing as officials push to promote usage of the digital yuan and crack down on cryptocurrencies.| Brenda Goh / Reuters: |
Meituan reports fourth consecutive quarterly loss of $1.57B in Q3 on revenue of $7.6B; its core food delivery business posted revenue of $4.14B, up 28% — Chinese food delivery giant Meituan (3690.HK) reported a fourth consecutive quarterly loss on Friday, as it plowed more investment into expanding its various businesses.| Ryan Browne / CNBC: |
Klarna posts a pre-tax loss of $344M from January to September, up 4x YoY, and says it's entered nine markets since the start of 2020 and now has 90M+ customers — - Klarna posted a pre-tax loss of 3.1 billion Swedish krona ($344 million) from January to September, a fourfold increase from the same period a year ago.| Paul Stamatiou: |
A look at some key design challenges in crypto and Web3, from onboarding to wallet security, that need to be addressed for the next generation of users — It's still early days in crypto. — That's what you'll hear everywhere when you start digging into crypto and web3 today.| Natasha Lomas / TechCrunch: |
Italy fines Apple and Google €10M each for “aggressive” data practices and not providing users with clear enough information on commercial uses of their data — Apple and Google have been fined €10 million apiece by Italy's competition and market authority (AGCM) … | Reuters: |
Chinese e-commerce company Pinduoduo reports $3.3B in Q3 revenue, up 51% YoY, vs. $4.1B estimated, and 741.5M MAUs, up 15% YoY; stock is down 15%+ — Shares in Chinese e-commerce platform Pinduoduo Inc (PDD.O) plunged as much as 19% in pre-market U.S. trade on Friday after the company missed … | Stefanie Marotta / Bloomberg: |
Coveo, which offers AI-powered enterprise search and personalization services, raises CAD$215M from its Toronto IPO, one of Canada's largest tech IPOs this year — - Coveo shares fell below issue price twice in its first week — Company closed one of the largest Canadian tech IPOs this year| Debby Wu / Bloomberg: |
UMC and Micron agree to withdraw their IP complaints against each other, with UMC paying Micron a one-time undisclosed sum, following a years-long legal battle — United Microelectronics Corp. and Micron Technology Inc. have settled a civil lawsuit in which the U.S. memory chipmaker accused … | 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 the US sanctioned NSO Group 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
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| Sarah Perez / TechCrunch: |
| Nicole Carpenter / Polygon: |
| Michael Levenson / New York Times: |
| Sam Schechner / Wall Street Journal: |
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| Michael McSweeney / The Block: |