| 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 … | 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.| 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| 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.| Ben Thompson / Stratechery: |
Twitter should consider changing its business model as its ad revenue remains weak, despite its locked-in userbase, indispensability, and impenetrable moat — From CNBC: … On one hand, congratulations to Twitter for its first non-messy CEO transition in its history; on the other hand … | 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.| 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 … | Frederic Lardinois / TechCrunch: |
AWS says four of its cloud-based analytics services, Redshift, EMR, MSK, and Kinesis, are now available as serverless and on-demand services in public preview — At its re:Invent conference, AWS today announced that four of its cloud-based analytics services, Amazon Redshift, Amazon EMR … | Aisha Malik / TechCrunch: |
Amazon unveils AWS Private 5G, a service providing hardware, software, and SIMs for deploying private mobile networks, without upfront or 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 … | 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.| Frederic Lardinois / TechCrunch: |
Amazon unveils SageMaker Canvas, which lets business users build ML prediction models with a point-and-click UI, following similar offerings by Azure and others — AWS today announced a new machine learning service, Amazon SageMaker Canvas. Unlike its existing machine learning services … | Todd Bishop / GeekWire: |
SEC filing: Satya Nadella last week sold half his Microsoft stock, worth over $285M, before Washington state implements its new capital gains tax on January 1 — Microsoft CEO Satya Nadella sold half of his stake in the company in a series of transactions last week, divesting about 840,000 shares … | Dan Goodin / Ars Technica: |
Microsoft's inclusion of buy-now-pay-later app Zip in Edge is seen by some as heavy-handed, adding bloatware that may lessen the browser's privacy and security — “This all feels extremely unnecessary for a browsing experience,” one user says. — Microsoft is taking a lot of flak … | 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.| Kati Pohjanpalo / Bloomberg: |
Finland is working to stop millions of text messages with links to the FluBot malware, which started spreading late last week — Finland is working to stop a flood of text messages of an unknown origin that are spreading malware. — The messages with malicious links to malware called FluBot number … | Jiyoung Sohn / Wall Street Journal: |
South Korean company Naver, which runs the popular Zepeto metaverse platform with 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| Kyle Wiggers / VentureBeat: |
Amazon announces AWS IoT TwinMaker to help developers create digital twins of real-time systems like buildings, factories, equipment, and product lines — Amazon today announced Amazon Web Services (AWS) IoT TwinMaker, a new service designed to make it easier for developers to create digital twins … | Kyle Wiggers / VentureBeat: |
| Charity L. Scott / Wall Street Journal: |
Adobe: US consumers spent $7.1B online by 9PM ET on Cyber Monday, below expectations and down from $10.8B in 2020, as many shoppers returned to physical stores — Online retailers offered fewer discounts because of limited inventory, while more shoppers returned to stores| 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 … | 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.| Rebecca Bellan / TechCrunch: |
| Mary Ann Azevedo / TechCrunch: |
Fundbox, which offers SMBs up to $150K in lines of credit 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.| Anita Ramaswamy / TechCrunch: |
Chicago-based ThreeFlow, which offers tools to insurance brokers selling employee benefits, raises a $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.| Amy Dobson / Forbes: |
Lessen, which offers a marketplace for every stage of home services and repair, 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 … | BBC: |
FIFA is using 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.
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