| 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.| 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.| 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| Jon Porter / The Verge: |
UK's CMA says Meta must sell Giphy, after finding the deal could harm social media users, rival platforms by denying access to GIFs, and UK advertisers — After its investigation found it could harm competition — The UK's competition regulator has officially ruled that Facebook parent … | 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 … | 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 … | Catherine Shu / TechCrunch: |
Endowus, a Singapore-based robo-advisor app, raises $25.6M to bring its total funding to $49M, as it looks to speed up its hiring for geographic expansion — Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest.| Kyle Wiggers / VentureBeat: |
Stockholm-based Quinyx, which helps companies schedule gig work, raises $50M Series C led by Battery Ventures at $550M valuation, bringing its funding to $89M+ — Quinyx, a platform for gig work scheduling and time reporting, today announced that it raised $50 million in funding led by Battery Ventures at a $550 million valuation.| Ari Levy / CNBC: |
Filing: HashiCorp aims for a valuation of up to $13B in its IPO, reveals $82.2M in revenue, up 49% YoY, and a $22M net loss in its latest quarter — - HashiCorp, a developer of software for managing cloud infrastructure, said on Monday that it plans to sell shares in its IPO for $68 to $72 each.| Siddharth Venkataramakrishnan / Financial Times: |
Wise reports H1 2021 revenue rose 33% YoY to £256.3M as pre-tax profits dropped to £18.8M from £20M in H1 2020; headcount grew 32% YoY to 2,883 — Currency exchange fintech listed in London in July with a valuation close to £9bn — Profits at currency exchange … | Catherine Shu / TechCrunch: |
Singapore-based YouTrip, which helps make multi-currency transactions more efficient, raises a $30M Series A led by anonymous prominent Asian family offices — Singapore-based YouTrip, an online bank that focuses on making multi-currency transactions less costly and more efficient …
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| Reuters: |
| Tom Lowrey / ABC: |
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