Techmeme
November 29, 2021, 7:35 PM

Top News

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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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.
Kyle Wiggers / VentureBeat:
Amazon debuts AWS IoT RoboRunner to simplify building apps for managing robot fleets and AWS Robotics Startup Accelerator to offer AWS credits and expert advice  —  At a keynote during its Amazon Web Services (AWS) re:Invent 2021 conference today, Amazon launched AWS IoT RoboRunner …
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 …
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 …
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 …
Miriam Gottfried / Wall Street Journal:
Clearlake Capital to buy Quest Software, which makes tools for IT departments, from Francisco Partners, sources say for $5.4B including debt  —  Deal values former Dell unit at $5.4 billion, including debt, sources say  —  Clearlake Capital Group LP has struck a deal to buy Quest Software Inc …
Annie Palmer / CNBC:
The Retail, Wholesale and Department Store Union says the NLRB has authorized a new election for Amazon warehouse workers in Alabama  —  - The National Labor Relations Board has authorized a new union election at one of Amazon's Alabama warehouses, the labor union behind the effort said Monday.

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