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November 29, 2021, 4:20 PM
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Jessica Bursztynsky / CNBC:
Twitter CEO Jack Dorsey resigns, CTO Parag Agrawal takes over effective immediately; Dorsey to quit the board in 2022, Salesforce's Bret Taylor to become chair  —  Twitter CEO Jack Dorsey is stepping down as chief of the social media company, effective immediately.
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Reuters:
Documents: China's Henan province commissions a 3,000-camera surveillance system to track journalists, international students, and other “suspicious people”  —  Security officials in one of China's largest provinces have commissioned a surveillance system they say they want to use …
Financial Times:
Sources: UK's CMA is expected to block Meta's proposed acquisition of Giphy in the coming days  —  Move would be the first time the competition watchdog has reversed a Big Tech acquisition  —  The UK competition regulator is expected to block Meta's acquisition of online gif platform Giphy …
Natasha Lomas / TechCrunch:
Citing “alleged serious breaches” of data protection laws, UK's ICO notifies Clearview AI of its provisional intention to fine the company £17M+  —  Controversial facial recognition company Clearview AI is facing a potential fine in the UK.
Natasha Lomas / TechCrunch:
Thought Machine, which helps banks launch cloud-based services, raises a $200M Series C led by Nyca Partners at a $1B+ valuation  —  Thought Machine, a 2014 (Xoogler) founded startup that sells cloud-based b2b banking services, has closed a $200 million Series C round and announced …
Tom Lowrey / ABC:
Australia PM Scott Morrison proposes defamation legislation that would mandate social media companies reveal the identities of anonymous trolls or face fines  —  Social media companies could be forced to reveal the identities of anonymous users in an effort to crack down on online trolling …
Tage Kene-Okafor / TechCrunch:
Yassir, an Algerian startup with 3M+ users that provides on-demand services such as ride-hailing and last-mile delivery, raises a $30M Series A  —  Yassir, an Algerian startup that provides on-demand services such as ride-hailing and last-mile delivery, has raised a $30 million Series A round.

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This is a Techmeme archive page. It shows how the site appeared at 4:20 PM ET, November 29, 2021.

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From Mediagazer

The Hollywood Reporter:
The Sky-ITV deal raises questions about US ownership of the UK's largest commercially funded free-to-air network and a key part of its cultural landscape

Lucas Shaw / Bloomberg:
Sources: Netflix is studying its data to see why viewers quit its shows after S1, with some shows seeing a 30%-70% S2 drop, as it faces a quarter without hits

Alex Ritman / Variety:
AI-focused studio Particle 6 plans a full-length feature film to be led by the AI “actor” Tilly Norwood, as a hybrid production using film and TV professionals

More News

Warren P. Strobel / Wall Street Journal:
A look at the challenges spies face with biometrics, smartphones, and surveillance cameras, and how AI sifting through data changes espionage

Earlier Picks

Manish Singh / TechCrunch:
Bangalore-based Slice, which lets its 5M+ credit card users pay bills in instalments, raises $220M Series B led by Tiger and Insight at a $1B+ valuation
Chance Miller / 9to5Mac:
Gurman: Apple is still working on a multi-device charger, other short and long-distance wireless chargers, and reverse wireless charging for its devices
Les Pounder / Tom's Hardware:
Report: Raspberry Pi Trading hired investment banks Stifel and Liberum to advise on a London IPO planned for this spring that would value it at ~$500M
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