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November 29, 2021, 9:35 AM
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WeSmirchTop News
| 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 …
More:
Reuters, Protocol, Insider, Coinspeaker, equalocean.com, City A.M., and The Economic Times
Tweets: @bergmayer, @mdudas, @ldignan, and @martinsfp
| David Faber / CNBC: |
Sources: Twitter CEO Jack Dorsey is expected to step down; Twitter stock rises 10%+ — Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC's David Faber. Twitter stock jumped more than 11% on the news.
More:
Insider. Tweets: @jack, @ritholtz, @sam_l_shead, @sam_l_shead, @triketora, @ivanthek, @danprimack, @matt_levine, @yoda, @thestalwart, @ryan_browne_, and @jyarow
| Christopher Mims / Wall Street Journal: |
How “neo-conglomerates” like Apple, Amazon, Alphabet, Microsoft, and Meta replaced and outgrew industrial conglomerates like GE, Toshiba, and Johnson & Johnson — As General Electric and other old-school behemoths break up, Amazon, Apple, Alphabet, Microsoft and Meta are taking …
More:
9to5Mac and Philip Elmer‑DeWitt
Tweets: @pkafka, @fmbutt, @brian_callaci, @sub8u, @halsinger, and @mims
| 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 — Despite its failed AirPower experiment a few years ago, Apple is reportedly still working on a multi-device charger for its products.
Source:
Bloomberg. More:
MacRumors, Wccftech, iPhone Hacks, iPhone in Canada Blog, iMore, Pocket-lint, Gizchina, iThinkDifferent, AppleTrack, Forbes, Philip Elmer‑DeWitt, and AppleInsider
Tweets: @markgurman and @joshuaswingle
| Tom Lowrey / ABC: |
Australian PM Scott Morrison proposes new defamation legislation mandating social media companies reveal the identities of anonymous online 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 … | 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 — Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread earlier this year and wondered aloud what he needs to do to turn his startup into a unicorn before he turns 30.
More:
International Business Times, Tech News, Entrackr, Bloomberg, Tech in Asia, The Economic Times, DealStreetAsia, and PYMNTS.com. Tweets: @refsrc
| 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 — U.S., rivals seek ways to adapt spycraft to a changing world; being on the grid can blow your cover, but so can staying off
More:
9to5Mac. Tweets: @tuomorusila, @evanselinger, @jayshams, @vmsalama, @jessmarindavis, and @niubi
| 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 …
More:
Thought Machine, FinSMEs, PYMNTS.com, altfi.com, The Block, Crowdfund Insider, Crunchbase News, Tech.eu, and CNBC. Tweets: @disruptionbank
| 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 — The listing could see Raspberry Pi valued at $500m — According to a report in The Telegraph, Raspberry Pi Trading …
Source:
Telegraph. More:
CNX Software and Slashdot
Tweets: @sub8u, @recantha, @frankcatalano, and @rob_kimbell
| Steven J. Vaughan-Nichols / ZDNet: |
Nextcloud and ~30 other EU companies file an antitrust complaint with the European Commission against Microsoft for bundling OneDrive and Teams with Windows — Nextcloud and almost 30 other European companies have filed a complaint about Microsoft's anti-competitive behavior with its OneDrive cloud storage offering.
Source:
Nextcloud and Nextcloud. More:
European DIGITAL SME Alliance, TechSpot, SiliconANGLE, Slashdot, Politico, PCMag, Reclaim The Net, MSPoweruser, and Neowin
Tweets: @simonvandorpe, @carnage4life, and @carnage4life
| New York Times: |
Recent cyberattacks on Iran's fuel distribution system and an Israeli LGBTQ dating site show that Iran-Israel cyberwar is impacting civilians on a large scale — Iranians couldn't buy gas. Israelis found their intimate dating details posted online. The Iran-Israel shadow war is now hitting ordinary citizens.| Mike Butcher / TechCrunch: |
UK-based Motorway, a second-hand car auction site used by 4K+ car dealers, raises a $190M Series C at a $1B+ valuation after raising a $67.7M Series B in June — It was only in June that Motorway - a U.K. platform on which professional car dealers can bid in an auction for privately owned cars for sale … Sponsor Posts
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