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November 27, 2021, 7:25 AM
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WeSmirchTop 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 …
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9to5Mac, Engadget, CNBC, AppleInsider, Game Rant, Computerworld, SiliconANGLE, Developer Tech News, ZDNet, Insider, Gizmodo, Liliputing, MacDailyNews, BGR India, PhoneArena, SlashGear, TechSpot, KnowTechie, Patently Apple, iPhone in Canada Blog, Mashable, Philip Elmer‑DeWitt, Slashdot, TechRadar, iThinkDifferent, iMore, Ubergizmo, MSPoweruser, iPhone Hacks, The Verge, MyFixGuide.com, and Cult of Mac
Tweets: @mikalfm, @sawyermerritt, @cixliv, @stevekovach, @scobleizer, @cixliv, @stroughtonsmith, @cixliv, @joshuaswingle, and @sadlyitsbradley
| 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 …
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The Keyword, GOV.UK, The Hacker News, Slashdot, SiliconANGLE, The i Paper, Financial Times, The Register, Thurrott, and diginomica
Tweets: @1br0wn, @lewis_crofts, @cmagovuk, and @astaniscia86
| 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) …
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Reuters, The Verge, MacRumors, AppleInsider, PhoneArena, Gizchina, Forbes, Mobile World Live, Daily Mail, SiliconANGLE, BleepingComputer, iPhone in Canada Blog, XDA Developers, 9to5Mac, Android Central, and The Mac Observer
Tweets: @samifathi_, @laukaya, @sam_l_shead, @geradinlaw, and @samifathi_
| Bloomberg: |
Sources: China asked Didi Global to delist from the NYSE citing concerns about leaking sensitive data; options include privatization or a Hong Kong listing — - Regulators asked Didi brass to devise a plan to go private — Forced delisting will be severest action against China Tech
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Reuters, The Economic Times, The Economic Times, Benzinga, Coinspeaker, CNBC, and Tech in Asia
Tweets: @tommackenzietv, @bgurley, @russian_market, @rover829, @arjunkharpal, and @evleaks
| Jiyoung Sohn / Wall Street Journal: |
Gartner: global chip makers are projected to spend $146B this year, about 50% higher than before the pandemic and double the amount five years ago — Samsung's $17 billion bet on Texas mirrors large spending increases in Asia and elsewhere — SEOUL—Investment in U.S. chip production is on the rise.| The Economic Times: |
Paytm reports Q2 revenue of $144.8M, up 64% YoY, and a net loss of $63M, up 8%+ YoY, in its first post-IPO earnings report — Bengaluru: Payments firm Paytm, in its first quarterly earnings as a public company, reported a nearly 64% jump in its consolidated revenue from operations …
Source:
Paytm. More:
Moneycontrol, Entrackr, Livemint, Hindustan Times, BloombergQuint, Reuters, Bloomberg, CNBCTV18, and Zee Business
| 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.| 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:
Coingape, BeInCrypto, South China Morning Post, AMBCrypto, CryptoPotato, and Cryptonews
| Martha Muir / Financial Times: |
Kazakhstan plans to ration power over winter to 50 registered crypto miners as illegal miners and mass relocations from China cause blackouts across the country — Illegal miners and mass relocations after a ban on crypto mining in China have overloaded energy grid
More:
Business Insider, CoinDesk, AMBCrypto, Eurasianet, cryptodaily.co.uk, CryptoSlate, Bitcoinist.com, Fortune, InsideBitcoins.com, Micky, Forkast, and Cointelegraph
Tweets: @anceschistan, @joannalillis, and @financialtimes
| 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.
More:
South China Morning Post, Yicai Global, PR Newswire, Tech in Asia, and Bloomberg
| Jing Yang / Wall Street Journal: |
Sources: Alibaba is delegating more responsibility to presidents of its business units to shed its monolithic image in the wake of China's regulatory crackdown — CEO Daniel Zhang is devolving power to unit presidents as competition grows and big platforms come under pressure in China
More:
Benzinga
| 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.Sponsor Posts
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