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November 29, 2021, 12:05 PM
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| Jessica Bursztynsky / CNBC: |
Twitter's Jack Dorsey will step down as CEO effective immediately, replaced by CTO Parag Agrawal; Dorsey will remain on the board until 2022 — Twitter CEO Jack Dorsey is stepping down as chief of the social media company, effective immediately. Parag Agrawal, the company's chief technology officer …
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Tweets: @jack, @jack, @paraga, @alexeheath, @techemails, @caseynewton, @alexeheath, @patrickc, @alexeheath, @parkermolloy, @ritholtz, @44, @laurengoode, @danprimack, @marklittlenews, @shreyaghoshal, @caseynewton, @sherman4949, @alexisohanian, @rmac18, @pt, @llsethj, @sriramk, @pranavdixit, @levie, @sirsteven, @danprimack, @sherman4949, @rmac18, @ceciliakang, @pierce, @mgsiegler, @techledes, @nedsegal, @felixsalmon, @strngwys, @markmilian, @ishanagarwal24, @joshelman, @panzer, @strngwys, @johnbiggs, @janewakefield, @b_fung, @kt_so_it_goes, @tomwarren, @charlesarthur, @jamesliamcook, @jimwaterson, @stejormur, @pinboard, @sonalibasak, @iansherr, @stevekovach, @mims, @jamestitcomb, @sherman4949, @phil_lewis_, @donie, @thedailyshow, @can, @rachelking, @sarafischer, @sherman4949, @kurtwagner8, @danprimack, @sam_l_shead, @ceciliakang, @ldrogen, @nic__carter, @trungtphan, @thestalwart, @pinboard, @danprimack, @kantrowitz, @matt_levine, @micsolana, @kantrowitz, @lanceulanoff, @carnage4life, @sarafischer, @packym, @davidzmorris, @seldo, @jamesrbuk, @zr1trader, @sam_l_shead, @sam_l_shead, @triketora, @ivanthek, @yoda, @thestalwart, @ryan_browne_, and @jyarow
| 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 …
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Reuters, TNW, Insider, Coinspeaker, City A.M., equalocean.com, and The Economic Times
Tweets: @mdudas, @ldignan, @martinsfp, and @bergmayer
| Reuters: |
Documents: China's Henan province is asking companies to develop a 3,000-camera surveillance system to track journalists, international students, and others — 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 …
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Thought Machine, FinLedger, altfi.com, FinSMEs, CNBC, Coinspeaker, Silicon Canals, PYMNTS.com, Crunchbase News, and Tech.eu. Tweets: @disruptionbank
| 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 … | James Rundle / Wall Street Journal: |
Intel is stockpiling around 3,000 legacy pieces of its hardware and software, going back about a decade, for security research at a warehouse in Costa Rica — Chip maker is stockpiling legacy technology for security research, plans to expand facility to house 6,000 pieces of equipment| Wall Street Journal: |
Analysis: Amazon has built more than 450 warehouses in the US since the end of 2019, doubling its fulfillment capacity to over 930 facilities — Online retail giant has nearly doubled its fulfillment capacity since the start of the Covid-19 pandemic — In the past two years … | Miriam Gottfried / Wall Street Journal: |
Sources: Clearlake Capital will buy Quest Software, which makes tools for IT departments, from Francisco Partners 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 … | Kyle Alspach / VentureBeat: |
Armis, which provides enterprise IT and IoT security tools, raises $300M at a $3.4B post-money valuation, up from $2B in February 2021 — Armis, which provides a visibility and security platform for all assets within an enterprise including IT and IoT, announced it has raised $300 million …
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SiliconANGLE, Globes Online, CRN, CTech, Armis, PR Newswire, and SecurityWeek
| Mike Butcher / TechCrunch: |
Chegg acquires Busuu, an online language learning startup that has reached 120M+ users across 160+ countries, for approximately $436M — Chegg, the NYSE listed student media learning platform is acquiring Busuu, the online language learning startup established in Europe in 2008 … | 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
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9to5Mac. Tweets: @jessmarindavis, @niubi, @tuomorusila, @evanselinger, @jayshams, and @vmsalama
| Dean Takahashi / VentureBeat: |
Q&A with Forte founder and CEO Josh Williams on Forte's $725M Series B, adding “real purpose” to speculation-fueled tokens via games, potential regulation, more — Forte raised $725 million on the expectation that it will provide the building blocks for triple-A game companies to make NFT games.Sponsor Posts
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