Techmeme: Source: WhatsApp has almost 20M users in India using its payment services and received regulatory approval to double the number to 40M (Aditya Kalra/Reuters)

Top News

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

More: Reuters, The Economic Times, South China Morning Post, The Economic Times, Coinspeaker, Benzinga, CNBC, and Tech in Asia

Tweets: @bgurley, @tommackenzietv, @rover829, @russian_market, @arjunkharpal, and @evleaks

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) …

More: Reuters, BleepingComputer, iThinkDifferent, XDA Developers, The Verge, MacRumors, iPhone in Canada Blog, Android Central, The Mac Observer, and AppleInsider

Natasha Lomas / TechCrunch:

UK's CMA says Google has agreed to expanded oversight in the development of Privacy Sandbox as part of the regulator's antitrust investigation — As part of an ongoing antitrust investigation into Google's Privacy Sandbox by the UK's competition regulator, the adtech giant has agreed …

More: The Keyword, SiliconANGLE, inews.co.uk, GOV.UK, The Register, Thurrott, Financial Times, diginomica, and ico.org.uk

Tweets: @lewis_crofts, @1br0wn, and @astaniscia86

Ryan Browne / CNBC:

Klarna posts a pre-tax loss of $344M from January to September, up 4x YoY, and says it has 90M+ customers after entering nine markets since the start of 2020 — - 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.

More: TechCrunch. Tweets: @sam_l_shead and @klarnanews

Bloomberg:

China considers setting up a digital asset exchange in Beijing as it 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.

More: Cryptonews

Brenda Goh / Reuters:

Meituan reports Q3 revenue of $7.6B and a loss of $1.57B, including a $532M antitrust fine in October, its largest quarterly loss in three years — 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.

Aditya Kalra / Reuters:

Source: WhatsApp has almost 20M users in India using its payment services and received regulatory approval to double the number to 40M — WhatsApp (FB.O) has won regulatory approval to double the number of users on its payments service in India to 40 million, a source with direct knowledge told Reuters on Friday.

More: XDA Developers

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.

Tweets: @ourielohayon, @bx, @stammy, @alexcornell, @jasonmarder, @developer_dao, @integralhq, and @alexisohanian

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 …

More: Tech in Asia

Nicole Carpenter / Polygon:

Roblox sues Ruben Sim, a YouTuber it 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

More: Rock, Paper, Shotgun, The Verge, MSPoweruser, HYPEBEAST, Niche Gamer, HITC, Tech Times, Game Rant, Engadget, PC Gamer, GamesIndustry.biz, Dot Esports, Kotaku, thegamer.com, PC Games Insider, Axios, IGN, Tubefilter, and Game Developer

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

More: GlobeNewswire News Room and BetaKit

Sponsor Posts

Google:

Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life

Shopify:

Transform ML Experimentation with Tangle — Save months of compute time with Tangle, built by Shopify. Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.

Zoho:

Contract Signed. Project Ready. Tasks Created. — Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms. But for most businesses …

IDrive:

Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Sponsor Techmeme

Featured Podcasts

Lenny's Podcast:

The 100-person AI lab that became Anthropic and Google's secret weapon | Edwin Chen (Surge AI)

Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.

Subscribe to Lenny's Podcast.

Big Technology Podcast:

AI Device Wars Heat Up, RIP Metaverse?, Netflix Acquires Warner Brothers

The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.

Subscribe to Big Technology Podcast.

Channels with Peter Kafka:

"Hollywood is Truly Freaked Out." Inside the Netflix/WBD Deal with Lucas Shaw

Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.

Subscribe to Channels with Peter Kafka.

Hard Fork:

OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop

The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.

Subscribe to Hard Fork.

Access:

Is Roblox making the internet better or worse? We asked the CEO

A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.

Subscribe to Access.

Decoder with Nilay Patel:

Anthropic's quest to study the negative effects of AI is under pressure

A show from the Verge about big ideas - and other problems.

Subscribe to Decoder with Nilay Patel.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:25 PM ET, November 26, 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.