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December 1, 2021, 12:40 PM
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| Kevin Roose / New York Times: |
Jack Dorsey joins other tech leaders who seem to have grown tired of managing their platforms, amid increasing political controversy and hard-to-fix problems — Jack Dorsey, who is stepping down after six years as Twitter's chief executive, is one of the tech leaders who seem to have grown tired of managing their empires.
More:
Washington Post, CNBC, and Axios
| Ben Thompson / Stratechery: |
More:
Washington Post, Finextra, Livemint, The Overspill, Fox Business, Quartz, Vanity Fair, The Economic Times, CryptoSlate, and Fortune
Tweets: @willoremus, @dkthomp, @suhail, @benthompson, @carnage4life, @trengriffin, @carnage4life, @jaskiratsb, @willoremus, @pkafka, @pistachio, and @jyarow
| Tom Warren / The Verge: |
Microsoft announces Teams Essentials, a $4/month standalone version of Teams for small businesses with a simplified UI, focus on meetings, and no Office apps — This standalone version of Teams is even more of a Zoom competitor — Microsoft is creating its first standalone version of Microsoft Teams for small businesses.
More:
Microsoft 365 Blog, BetaNews, Thurrott, ZDNet, MobileSyrup, XDA Developers, Protocol, Microsoft, MSPoweruser, OnMSFT.com, and Digital Trends
| Chaim Gartenberg / The Verge: |
Qualcomm unveils Snapdragon 8 Gen 1, with improved camera and AI processing and up to 20% better performance and 30% better power efficiency over Snapdragon 888 — Faster performance, better cameras, improved AI, and more — Qualcomm has a new flagship smartphone processor …
More:
Qualcomm, VideoCardz.com, Thurrott, Axios, AnandTech, Qualcomm, SemiAccurate, Telecoms.com, Huawei Central, ZDNet, PCWorld, HotHardware.com News, 9to5Google, MobileSyrup, XDA Developers, Android Authority, Gizmodo, PCMag, TNW, and TechCrunch
Tweets: @bryanbma, @dcseifert, @donnymac, @zhuowei, @anandtech, @sadlyitsbradley, @nano_arun, and @tech_edgete
| 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.
Source:
Twitter. More:
Twitter Help Center, TechCrunch, CNN, TNW, TechRadar, The Hacker News, MediaNama, BGR India, and Livemint
Tweets: @twittersafety, @twittersafety, @twittersafety, @twittersafety, @chadloder, @mmasnick, @bretweinstein, @wongmjane, @howardlindzon, @vitogesualdi, @tomfitton, @mtracey, @twittersafety, @bhweingarten, @matthewtyrmand, @carnage4life, @ulonnaya, @twittersafety, @twittersafety, @imao_, @etbrooking, @noupside, @willmenaker, @vv1lder, @cwarzel, @evan_greer, @dloesch, @kirkwrites79, @josephfcox, @alyssafarah, @bergealex4, @blackamazon, @ecrumrine, @kyriacosonyx, @drivenbyboredom, @digiphile, and @paulg
| Tom Krazit / Protocol: |
Meta selects AWS as its “long-term strategic cloud provider”, a partnership that includes helping AWS customers run Pytorch framework — The company formerly known as Facebook built an impressive array of computing infrastructure over the last decade. Over the next 10 years, it plans to also draw on the cloud.
More:
Associated Press, ZDNet, MarketScreener, and Devdiscourse News Desk
| Hugh Son / CNBC: |
| Joanna Ossinger / Bloomberg: |
Crypto.com says it plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash — - Small Exchange is backed by Citadel, Peak6, Jump Capital — Cash deal is expected to be completed in first half of 2022
More:
Crypto.com, The Block, Financial Times, CoinDesk, Decrypt, Blockworks, Crypto Briefing, Cointelegraph, and Coinspeaker
| Bloomberg: |
Sources: China plans to ban companies from going public on foreign markets through variable interest entities, closing a loophole used by its tech companies — China is planning to ban companies from going public on foreign stock markets through variable interest entities …
More:
South China Morning Post, TechCrunch, Tech in Asia, and Reuters
Tweets: @dalperovitch, @dannycrichton, @bauhiniacapital, and @zichenwanghere
| Matt Grossman / Wall Street Journal: |
Match Group says it will pay $441M to settle claims by Tinder founders and execs that Match undervalued the app to avoid paying up to $2B in mid-2017 — Company says it would pay $441 million to plaintiffs, including dating app's co-founders — Match Group Inc. has settled a lawsuit filed …
More:
The Verge, TechCrunch, Forbes, New York Post, Reuters, Financial Times, and Fortune
| Steven Levy / Wired: |
Q&A with Frances Haugen on becoming a whistleblower, leaving Facebook after moving to Puerto Rico due to health, Meta, plans to run simulated social networks — When the Wall Street Journal launched a series of explosive articles based on internal Facebook documents in September, people naturally wondered about the source.
Tweets: @dlberes, @giladedelman, @parismarx, and @stevenlevy
| Marty Swant / Forbes: |
The Facebook Papers offer glimpses into how users perceive Meta's ad products, like the impact of its reaction emojis, and the concerns raised by employees — The “Facebook Papers” have been revelatory when it comes to how the company formerly known as Facebook deals with content moderation and a wide variety of other issues.
Tweets: @joshsternberg, @martyswant, @martyswant, @franceshaugen, @forbes, and @martyswant. Thanks:@martyswant
| Jay Peters / The Verge: |
Reddit announces real-time features, including live upvote, downvote, and comment counts, typing indicators, and viewership figures for posts — You'll see typing indicators, too — Reddit is introducing some big changes on Wednesday by adding new real-time features.
More:
Engadget, Protocol, TechCrunch, Reddit Upvoted Blog, and Mashable
Tweets: @martinsfp and @reddit
| Stacy Mitchell / Institute for Local Self-Reliance: |
Research: Amazon revenue from third-party sellers will reach $121B in 2021, up from $60B in 2019, as seller fees reach 34%, up from 30% in 2018 and 19% in 2014 — Amazon's dominance of online retail means that small businesses have little choice but to rely on its site to reach consumers.
More:
Vox. Tweets: @stacyfmitchell, @stacyfmitchell, @stacyfmitchell, @stacyfmitchell, @stacyfmitchell, @stacyfmitchell, @stacyfmitchell, and @stacyfmitchell
| Annie Njanja / TechCrunch: |
Anchor, which offers cloud-based autonomous billing tools for companies, raises a $15M seed led by Rapyd Ventures and others — Companies often spend an incommensurate amount of time chasing overdue payments, which distracts them from their core businesses, and brings forth cash flow issues.| Yogita Khatri / The Block: |
1inch Network, which offers the popular DEX aggregator 1inch app, raises a $175M Series B led by Amber Group, bringing its total funding to $190M — Quick Take — 1inch Network has raised $175 million in a Series B funding round. — The project is looking to serve institutional customers …
More:
TechCrunch, CoinDesk, Forbes, Decrypt, Coinspeaker, cryptodaily.co.uk, Insider, and Cointelegraph
| Sarah Perez / TechCrunch: |
TikTok adds monetization tools for creators, including Stripe-powered Tips and Video Gifts, starting in the US, the UK, Germany, France, Italy, and Spain — TikTok is today introducing new ways for its creators to make money from their content. While already, the short-form video platform allowed creators …
More:
Silicon Republic, PYMNTS.com, TikTok, and TikTok Creator Portal
| Turner Wright / Cointelegraph: |
The NY Federal Reserve launches an innovation center to support the agency's analysis of digital currencies, including CBDCs, and improve cross-border payments — Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve's local offices.| Rest of World: |
Crypto trading volume in Indonesia this year reached ~$50B by October, up over 10x YoY, despite the government and the Ulema Council forbidding crypto payments — Crypto is booming on the archipelago. Its proponents aren't who you'd think — Ananda Badudu is 32 years old …
Tweets: @restofworld, @anxioushuxley, @blackamazon, @leomschwartz, @restofworld, and @lmatsakis
| Mark Sweney / The Guardian: |
Niels Juul, who produced Scorsese's The Irishman, launches NFT Studios and plans to raise $8M-$10M to fund a feature film by selling 10,000 NFTs — Niels Juul hopes to raise up to $10m and says he wants to ‘democratise’ antiquated funding system — The executive producer behind blockbusters … | Robin Pogrebin / New York Times: |
A look at Particle, founded by an ex-Christie's exec and others, which plans to split Banksy's Love Is in the Air into 10,000 pieces to be sold as NFTs — A former Christie's executive has joined cryptocurrency experts to create a company that purchases art and sells the fragments as NFTs.
More:
Axios and Business Wire
Tweets: @investvoyager, @shingolavine, @jayks17, @rpogrebin, @edzitron, and @avalancheavax
| Yogita Khatri / The Block: |
Blockchain audit service CertiK raises an $80M Series B2, following $61M across B and B+ rounds, at a nearly $1B valuation led by Sequoia Capital — Quick Take — CertiK, a blockchain and smart contract auditing firm, has raised another $80 million. — The firm is now valued at nearly $1 billion.
More:
Blockworks, CoinDesk, ZDNet, SiliconANGLE, and Cointelegraph
| Ross Young / Display Supply Chain Consultants: |
Foldable smartphone shipments reached a record 2.6M units in Q3, up 480% YoY, with Samsung accounting for 93% of shipments followed by Huawei at 6% — Austin, TX - — Q3'21 was a record quarter for foldable smartphone shipments as expected, given the successful launch of the Samsung Galaxy Z Flip 3 … | Matt Levine / Bloomberg: |
The “omicron” crypto token soaring in value following news of the COVID-19 variant is yet another example of how cryptocurrencies create artificial scarcity — Also ghost kitchens, call spreads and RugSeekers. — Omicron — The basic innovation of crypto is the production of artificial scarcity.
Tweets: @matt_levine, @nathantankus, @jomicheii, @crypto, @mikeolson, and @pkafka
| Lauren Thomas / CNBC: |
Adobe: US consumers spent $10.7B online on Cyber Monday, below expectations and down 1.4% from $10.8B in 2020, as many shoppers returned to physical stores — - Consumers logged online Monday and spent $10.7 billion, marking a 1.4% decrease from year-ago levels, according to data from Adobe Analytics.
More:
About Amazon, Adobe Blog, The Verge, CNET, Digital Trends, BetaKit, Slashdot, TheStreet, ZDNet, International Business Times, 9to5Toys, and New York Post
Tweets: @laurenthomas, @weaponoutfitter, @cnbc, @jaycarney, @cortessteve, @ritholtz, @ourmaninchicago, and @ron_miller
| Jamie Feltham / UploadVR: |
Oculus rolls out v35, adding a mixed reality camera feature that requires an iPhone XS or above, Messenger Calling in VR, a new cloud backup system, and more — An upcoming update to the Oculus Quest and Meta Quest 2 will add mixed reality capture via iPhone and calling via Messenger, Mark Zuckerberg confirmed.
More:
Oculus Blog, Road to VR, Engadget, TechRadar, VRFocus, and VRScout
| Natasha Lomas / TechCrunch: |
Spain-based Jobandtalent, a marketplace matching temps with employers, raises a $500M Series E at a $2.35B post-money valuation led by Kinnevik — Spain's Jobandtalent, a “workforce marketplace”-cum-digital temping agency which uses AI to match workers to casual labor gigs in sectors like warehousing …
More:
Sifted, Tech.eu, FinSMEs, Silicon Canals, and Crunchbase News
| Bloomberg: |
Sources: Indian food delivery service Swiggy is raising $600M-$700M at a $10.5B valuation led by Invesco, up from $5.5B in April — Indian food delivery service Swiggy is raising $600 million to $700 million in a round led by Invesco that's due to close this month, according to people with knowledge of the matter.
More:
DealStreetAsia
| Frederic Lardinois / TechCrunch: |
Tel Aviv-based Frontegg, which helps SaaS companies track user data, raises a $25M Series A led by Insight Partners — Frontegg, a Tel Aviv-based startup that provides SaaS companies with the core user management tools they need to build their own services, today announced that it has raised …
More:
CTech, SiliconANGLE, and PR Newswire
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