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November 30, 2021, 1:50 PM
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| Jon Porter / The Verge: |
UK's CMA orders Meta to sell Giphy, after finding the deal could harm rival platforms by denying access to GIFs, social media users, and UK advertisers — After its investigation found it could harm competition — The UK's competition regulator has officially ruled that Facebook parent …
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GOV.UK. More:
Wall Street Journal, Reuters, Axios, The Guardian, The Guardian, SiliconANGLE, Ars Technica, PYMNTS.com, Pocketnow, Euractiv, CNET, NBC News, Bloomberg, 9to5Mac, MobileSyrup, Sky News, Bloomberg, BBC, Financial Times, Mashable, Android Central, Forbes, Insider, Reuters, London Evening Standard, CNN, Silicon Republic, TechSpot, TechCrunch, Variety, Engadget, MSPoweruser, and CNET
Tweets: @cmagovuk, @s8mb, @jbenton, @jamesrbuk, @psythor, @danprimack, @s8mb, @jamestitcomb, @s8mb, @martinsfp, @jamestitcomb, @cmagovuk, @darrenpjones, @s8mb, @tomwarren, @alexmartin, @basche42, and @toadsanime
| Casey Newton / The Verge: |
Possible reasons Dorsey stepped down, including activist investors and disinterest in the role, and what to expect from Parag Agarwal, who has focused on crypto — Theories on why now, and what to expect from Parag Agrawal's Twitter — This story is part of a group of stories called
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New York Times, Wired, Noahpinion, NBC News, Quartz, The Economic Times, and Gizmodo
Tweets: @francoolivera, @russellbrandom, @madmanweb, and @digiphile
| New York Times: |
Profile of Twitter's new CEO Parag Agrawal, little known to the public and a Jack Dorsey confidant who has been involved in many big strategic initiatives — A longtime Twitter insider and a confidant of co-founder Jack Dorsey, Mr. Agrawal takes over as the social media company confronts various challenges.
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Bloomberg, The Verge, Protocol, Tech in Asia, The Economic Times, The Guardian, Micky, CoinDesk, and BBC
| 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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New York Times, Bloomberg, NPR, Engadget, Fortune, TechCrunch, Wall Street Journal, Tech.co, ZeroHedge, Light Reading, Thurrott, Pocketnow, Axios, Reuters, Benzinga, Bitcoin News, The Economic Times, Micky, BGR India, Livemint, CoinGeek, CNET, Coinspeaker, ExchangeWire.com, BitcoinExchangeGuide, Politico, fossbytes.com, TechCabal, CNBC, American Banker, MediaNama, BBC, and Silicon Canals
Tweets: @paraga, @patrickc, @jack, @jack, @elonmusk, @sundarpichai, @kfile, @alexeheath, @alexeheath, @ritholtz, @d_lux_brand, @gautam_adani, @alexeheath, @caseynewton, @sam_l_shead, @donie, @techemails, @stejormur, @kantrowitz, @parkermolloy, @thedailyshow, @dril, @kantrowitz, @pierce, @maxkennerly, @suhelseth, @chandrarsrikant, @malemayehou, @nisharotech, @varunkrish, @tomgara, @smalter, @epro, @panzer, @neerajka, @sherman4949, @danprimack, @milessuter, @zei_squirrel, @cz_binance, @btaylor, @byyourlogic, @jaboukie, @balajis, @ilanmuskat, @alexisohanian, @ericnewcomer, @pt, @stshank, @carnage4life, @carnage4life, @sahilriz, @sidin, @mmasnick, @rmac18, @mattocko, @mathewi, @rmac18, @danprimack, @caseynewton, @levie, @ggreenwald, @kellymakena, @kellymakena, @pkafka, @krangtnelson, @panzer, @seldo, @kateconger, @panzer, @44, @matt_levine, @laurengoode, @danprimack, @kurtwagner8, @marklittlenews, @shreyaghoshal, @caseynewton, @sherman4949, @rmac18, @pt, @llsethj, @sriramk, @pranavdixit, @levie, @sirsteven, @rmac18, @ceciliakang, @mgsiegler, @techledes, @nedsegal, @felixsalmon, @strngwys, @markmilian, @ishanagarwal24, @micsolana, @joshelman, @strngwys, @johnbiggs, @janewakefield, @b_fung, @kt_so_it_goes, @tomwarren, @charlesarthur, @jamesliamcook, @jimwaterson, @pinboard, @sonalibasak, @iansherr, @stevekovach, @mims, @jamestitcomb, @sherman4949, @phil_lewis_, @can, @rachelking, @sarafischer, @sherman4949, @danprimack, @sam_l_shead, and @ceciliakang
| Kris Holt / Engadget: |
Twitter bans sharing private images and videos without consent, with exceptions for newsworthiness and public figures, and will remove content that users report — Twitter has expanded its private information policy to include media, banning users from sharing photos or videos of a private individual without their permission.
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Twitter, TechCrunch, CNET, Twitter Help Center, The Economic Times, Insider, Neowin, Reuters, and The Verge
Tweets: @twittersafety, @twittersafety, @twittersafety, @twittersafety, @twittersafety, @twittersafety, @twittersafety, @imao_, @etbrooking, @noupside, @willmenaker, @vv1lder, @cwarzel, @evan_greer, @dloesch, @kirkwrites79, @josephfcox, @alyssafarah, @bergealex4, @blackamazon, @ecrumrine, @kyriacosonyx, @drivenbyboredom, @paulg, @mmasnick, @digiphile, and @carnage4life
| Kurt Wagner / Bloomberg: |
David Marcus, the co-creator of Diem who spent the last few years building the Novi wallet, is leaving Meta at the end of 2021 to pursue other projects — Marcus, who joined the tech giant in 2014, has struggled to get the Diem currency off the ground — David Marcus, one of the top executives …
More:
TechCrunch, Engadget, The Verge, CoinDesk, Decrypt, and The Block
Facebook: David Marcus. Tweets: @davidmarcus, @business, @davidmarcus, @thestalwart, @brianmcc, @davidmarcus, @davidmarcus, @davidmarcus, @davidmarcus, @davidmarcus, @caseynewton, and @jyarow
| Frederic Lardinois / TechCrunch: |
AWS launches its ARM-based Graviton 3 processor, claiming it will be 25% faster than Graviton 2 and three times faster for ML workloads — At its annual re:Invent conference, AWS today announced the newest generation of its Arm-based Graviton processors: the Graviton 3.| Aisha Malik / TechCrunch: |
Amazon unveils AWS Private 5G, a service providing hardware, software, and SIMs to help deploy private mobile networks quickly without per-device charges — At Amazon's AWS re:Invent conference this morning, the company announced the preview of “AWS Private 5G,” which is a new service … | Todd Bishop / GeekWire: |
SEC filing: last week Satya Nadella sold half his Microsoft stock, worth more than $285M, weeks before Washington state implements its new capital gains tax — Microsoft CEO Satya Nadella sold half of his stake in the company in a series of transactions last week, divesting about 840,000 shares … | Michael del Castillo / Forbes: |
Privacy-focused cryptocurrency startup Iron Fish, which launched its IRON coin in April 2021, raises a $27.6M Series A led by a16z — Elena Nadolinski grew up in Volgograd, Russia playing on the shells of abandoned tanks and decommissioned battleships, following the collapse of the Soviet Union.
Tweets: @forbescrypto, @delrayman, and @eladgil
| Kati Pohjanpalo / Bloomberg: |
Finland is working to stop millions of text messages spreading the FluBot malware via links, which started late last week, declaring a “severe alert” — Finland is working to stop a flood of text messages of an unknown origin that are spreading malware.| Dan Goodin / Ars Technica: |
Researchers find Google Play apps with 300K+ downloads that stole bank credentials, posing as QR and PDF scanners, exercise apps, and cryptocurrency wallets — Crooks find new ways to prevent Google from detecting malicious packages. — Researchers said they've discovered a batch … | Frederic Lardinois / TechCrunch: |
Amazon unveils SageMaker Canvas, a visual, no-code ML service aimed at business analysts, following similar offerings by Azure and others — AWS today announced a new machine learning service, Amazon SageMaker Canvas. Unlike its existing machine learning services, the target audience …
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AWS News Blog and VentureBeat
| Charity L. Scott / Wall Street Journal: |
Adobe: online US consumers spent $7.1B by 9PM ET on Cyber Monday, below expectations and down from $10.8B in 2020, as many shoppers return to physical stores — Online retailers offered fewer discounts because of limited inventory, while more shoppers returned to stores
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CNBC, CNET, CNBC, Total Retail, WRAL TechWire, Reuters, and The Independent
Tweets: @cortessteve, @ritholtz, @laurenthomas, @ourmaninchicago, and @ron_miller
| Jiyoung Sohn / Wall Street Journal: |
South Korean company Naver, which runs the popular Zepeto metaverse platform for 3D avatars, raises a $150M Series B at a $1B valuation from Vision Fund 2 — Naver's Zepeto, boasting a base of young female users, attracts $150 million SoftBank investment, valuing it at more than $1 billion
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Coinspeaker, The Block, and Coingape
| Sheelah Kolhatkar / New Yorker: |
Profile of FTC Chair Lina Khan, as some longtime staffers worry she is underestimating the risks of pursuing aggressive antitrust cases that are likely to fail — As monopolies and other large companies gain increasing control of our daily lives, Khan is Joe Biden's pick to do something about it.
Tweets: @davidmwessel, @michaelluo, @sheelahk, @econliberties, and @daviduberti
| Amy Dobson / Forbes: |
Lessen, which offers a marketplace for property services, raises a $170M Series B at a $1B+ valuation led by Fifth Wall — The home services marketplace Lessen, which is geared towards facilitating the logistics for every stage of home services and repair for both residents and service professionals …
More:
The Real Deal New York, FinLedger, SiliconANGLE, and GeekWire
| Anita Ramaswamy / TechCrunch: |
Chicago-based ThreeFlow, which offers tools to insurance brokers selling employee benefits, raises $45M Series B led by Accel, after an $8M Series A in January — ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding.
More:
FinSMEs, Chicago Business Journal, and pitchbook.com
| Mary Ann Azevedo / TechCrunch: |
Fundbox, which offers lines of credit up to $150K to SMBs using AI to automate loan decisions, raises a $100M Series D at a $1.1B valuation — Fundbox, a company that offers loans to small businesses, announced today it has raised $100 million in a Series D round at a valuation of $1.1 billion.| Kyt Dotson / SiliconANGLE: |
Mainframe Industries, which develops cloud-native MMOs, raises a $23M Series B led by Andreessen Horowitz, bringing its total funding to $33.7M — Mainframe Industries, the startup behind the first cloud-native massively multiplayer online game, today announced it has raised $23 million in new funding led by Andreessen Horowitz.
More:
Bloomberg, Game Developer, and GamesIndustry.biz
| Aisha Malik / TechCrunch: |
Developer productivity service Raycast, which helps manage SaaS tools, raises a $15M Series A led by Accel and Coatue — Developer-focused productivity tool Raycast has raised $15 million in Series A funding, led by Accel and Coatue. Also participating in the round were angel investors Johnny Boufarhat … | BBC: |
FIFA will use 10 to 12 cameras, collecting up to 29 data points per player 50 times per second, to make semi-autonomous offside decisions at the Arab Cup — The use of technology to help officials make more accurate offside decisions will be tested at the Fifa Arab Cup, which starts on Tuesday.| Finextra: |
London-based Plum, a money management app, raises a $24M Series A from dmg ventures and others, bringing its total funding to $43M — Plum, Europe's ultimate money management app, has successfully raised a total of $24 million from a Series A funding round that will help propel …
| Duncan Riley / SiliconANGLE: |
Israeli DevOps security startup Cycode, which helps protect source code, raises a $56M Series B led by Insight Partners, following a $20M Series A in May 2021 — Israeli DevOps security startup Cycode Ltd. announced today it has raised $56 million in new funding to fuel sales growth …
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CTech, TechCrunch, FinSMEs, VentureBeat, and SecurityWeek
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