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December 22, 2021, 7:30 PM
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memeorandum
WeSmirchTop News
| Washington Post: |
Survey of 1,058 US internet users: 72% distrust Facebook, 63% TikTok, 60% Instagram, 53% WhatsApp, and 53% YouTube; 53% trust Amazon, 48% Google, and 44% Apple — You'll find all the usual technology suspects inside Mary Veselka's Pearland, Tex., home. There's her iPhone … | Katanga Johnson / Reuters: |
The US CFPB orders online payday lender LendUp to shutter lending operations after finding it repeatedly lied to and illegally cheated its customers — WASHINGTON, Dec 21 (Reuters) - (This December 21 story corrects date of LendUp wind-down from 2020 to 2022)
More:
Protocol, Consumer Financial …, Bloomberg Law, American Banker, MarketWatch, LendIt Fintech News, Banking Dive, PYMNTS.com, and Crowdfund Insider
Tweets: @chopracfpb, @protocol, @chiefofstuffs, @plainsite, @vinistic, @helaineolen, @thorntonmcenery, @consumeraction, @reuterslegal, @martymadrid, @cajunbanker, @kleebeard, @ellenychang, @janaedoes, @mikulaja, @alexbenjamin__, @chopracfpb, @nikmilanovic, @sandofsky, @mikulaja, @chopracfpb, @aaschapiro, @matthewstoller, @dancharvey, and @pt
| Vlad Savov / Bloomberg: |
Jack Dorsey's tweet sparks uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity” — Fresh off relinquishing the chief executive reins of Twitter Inc., Bitcoin enthusiast Jack Dorsey …
Source:
@jack. More:
The Verge, CoinDesk, YouTube, Benzinga, The Hill, TESLARATI, Slate, New York Post, afrotech.com, Input, Product and Politics, Cointelegraph, Khakis & Leather, and CryptoPotato
Tweets: @jack, @jack, @elonmusk, @micsolana, @cobie, @jack, @cobie, @joemccann, @asvanevik, @maxkeiser, @tyler, @balajis, @malwaretechblog, @matthuang, @loganbartlett, @carnage4life, @0xdoug, @mattysino, @balajis, @pt, @jack, @alex_danco, @tyler, @prestonjbyrne, @levie, @nischalshetty, @cobie, @bigblackjacobin, @sam_l_shead, @cobie, @samkazemian, @jgopikrishnan70, @zachweinberg, @levie, @benedictevans, @timgriffin77, @karaswisher, @cobie, @mutedialog, @slightlylate, @pitdesi, @antoniogm, @getongab, @jack, @kelseyhightower, @adamscochran, @mdudas, @balajis, @nikitabier, @ourielohayon, @mdudas, @erikvoorhees, @cdharrison, @backlon, @packym, @nadertheory, @howardlindzon, @samecwilliams, @gaberivera, @kevinsekniqi, @jason, @karlbode, @jack, @jack, @antoniogm, @thestalwart, @pierce, @thestalwart, @lopp, @kelseyhightower, @terenceleejx, @joemccann, @jakeudell, @thestalwart, @thestalwart, @balajis, and @iamdcinvestor
| Reuters: |
Chinese state media says regulators suspended an info-sharing partnership with Alibaba Cloud over accusations it failed to promptly report and fix a Log4j flaw — Chinese regulators on Wednesday suspended an information-sharing partnership with Alibaba Cloud Computing …
More:
South China Morning Post, ZDNet, The Hacker News, SiliconANGLE, Protocol, Wall Street Journal, ExchangeWire.com, Benzinga, and Slashdot
Tweets: @ocramius, @lukolejnik, @campuscodi, @campuscodi, @rpotter_9, @imposecost, @cristingoodwin, and @kevincollier
| Mark Gurman / Bloomberg: |
CES hosts say the show will proceed despite COVID-19; Meta, Amazon, Twitter, and others canceled in-person plans, T-Mobile and AMD plan a limited presence — - Google, HTC, Samsung and Sony still currently plan to go — Host of CES conference remains steadfast in moving forward
More:
T-Mobile, TechRadar, CNN, The Verge, Reuters, Adweek, USA Today, TechCrunch, GeekWire, CNET, SiliconANGLE, XDA Developers, Observer, Axios, Ars Technica, Gizmodo, New York Post, PCMag, iPhone in Canada Blog, Telecoms.com, MobileSyrup, Android Central, WRAL TechWire, TechSpot, Liliputing, Computerworld, Pocketnow, TechCircle, iMore, Engadget, Wall Street Journal, Fossbytes, New York Post, Variety, Ad Age, Washington Post, and TmoNews
Tweets: @mikesievert, @markgurman, @markgurman, @lturrentine, @inafried, @obrien, @andyboxall, @iainthomson, @epro, @bdsams, and @caro_milanesi
| The Economic Times: |
India bans 20 YouTube channels and two websites for alleged “anti-India” propaganda from Pakistan, invoking its new IT Act's emergency powers for the first time — India banned 20 YouTube channels and two websites on Monday for allegedly running anti-India propaganda from Pakistan … | Ben Dummett / Wall Street Journal: |
Skillsoft, which makes training software for businesses, acquires edtech startup Codecademy for $525M in cash and stock; Codecademy raised $40M in February — Acquisition is Skillsoft's largest deal since going public in June — Skillsoft Corp. has agreed to acquire rival U.S.-based …
More:
Skillsoft, SiliconANGLE, and ZDNet
Tweets: @kennethlove, @twittner, @zsims, @skillsoft, @ariannasimpson, and @denehyxxl
| Tom Krisher / Associated Press: |
The US NHTSA opens an investigation to evaluate the driver distraction potential of Tesla's Passenger Play gaming feature, covering 580K cars from 2017 to 2022 — ATHENS, Ohio (AP) — The U.S. has opened a formal investigation into Tesla allowing drivers to play video games on a center touch screen while its vehicles are moving.
More:
Reuters, Wall Street Journal, Gizmodo, The Verge, MobileSyrup, Observer, thegamer.com, CNET, Engadget, KnowTechie, Ars Technica, WRAL TechWire, Protocol, Insider, and GameSpot
Tweets: @ghsahq, @kevin_stank, @brandonlive, @coreypein, @davidzipper, and @visionzeronet
| Lucas Matney / TechCrunch: |
A Discord announcement bot for Justin Kan's NFT platform Fractal was hacked by a scammer who made off with about $150K, before the platform even launched — Despite billions in VC investment, many web3 crypto platforms are still pretty hostile places for users new to the crypto world.
More:
The Verge, Fractal, The Block, Input, thegamer.com, Cotten.IO, Protocol, and GameSpot
Tweets: @zachbussey, @xbenjamminx, @0xdevant, and @geerlingguy
| FinSMEs: |
HyperScience, which uses AI to extract data from business forms, raises a $100M Series E led by Global Founders, Tiger, Stripes, and Bessemer — Hyperscience, a NYC-based human centered automation company, raised $100m in Series E funding. — The round was led by existing investors Global …
More:
SiliconANGLE and AlleyWatch
| Nilay Patel / The Verge: |
Q&A with Logitech CEO Bracken Darrell on meeting pandemic demand, relationships with Apple and Amazon, killing the Harmony remote line, USB-C, and more — Logitech is one of those ubiquitous companies — it's been around since 1981, selling all kinds of important things that connect …
Tweets: @naterethorn, @fghori, @davezatz, @reckless, and @reckless
| Gillian Tan / Bloomberg: |
Triller agrees to merge with adtech company SeaChange, taking the TikTok rival public at a ~$5B valuation; PitchBook: Triller's most recent valuation was $1.25B — Triller, a social-video platform, agreed to a merger with Seachange International Inc. in a move that will take the smaller rival to TikTok public.
More:
GlobeNewswire News Room, Reuters, Light Reading, TechCrunch, and Protocol
Tweets: @scottnover and @lanceulanoff
| Alex Konrad / Forbes: |
Retool, a low-code tool for creating enterprise apps, raises a $20M Series C from Stripe's founders and others at a $1.85B pre-money valuation — Covering venture capital, software and startups — When Retool CEO David Hsu set out recently to raise fresh funding for his low-code software startup …
More:
Retool Blog, SiliconANGLE, and Silicon Republic
Tweets: @snirkodesh, @shahzadyounas_, @eekedm, @alexrkonrad, @alexrkonrad, @juliechentweets, @jrichlive, @alexrkonrad, @eladgil, @natfriedman, @charleyma, and @schreier. Thanks:@alexrkonrad
| The Markup: |
Amazon warehouse workers in Oregon say they saw a spike in COVID-19 cases this fall after the company started rolling back pandemic safety protocols — Two Oregon warehouses have been in an active outbreak for nearly 19 months. Elsewhere in the country, warehouse workers report continual cases| David Pierce / Protocol: |
Interview with Automattic's Matt Mullenweg on working from his always-connected RV, making “the Berkshire Hathaway of the internet”, and betting on open systems — In the early days of the pandemic, Matt Mullenweg didn't move to a compound in Hawaii, bug out to a bunker …
Tweets: @protocol, @protocol, @benpimentel, @amontalenti, @pierce, @protocol, @karynelevy, @jboogie, @gavreilly, @automattic, and @glynmoody
| Chris Vallance / BBC: |
The UK's ASA bans a webpage and a Facebook post promoting Arsenal FC's Socios-based Fan Tokens, as the club “failed to illustrate the risk of the investment” — A web page and a Facebook post by Arsenal football club promoting crypto-based fan tokens broke advertising rules, a watchdog has ruled.
More:
asa.org.uk, The Verge, The Guardian, Decrypt, Coinspeaker, Reuters, Bloomberg, Cointelegraph, Associated Press, Cryptonews, Football.London, Financial Times, The Athletic, and CoinDesk
Tweets: @josephmdurso, @josephmdurso, @tariqpanja, @jamesbenge, @josephmdurso, @josephmdurso, and @josephmdurso
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