| Wall Street Journal: |
Sources: following Haugen's leaks, Meta sought to divide lawmakers along partisan lines to forestall regulation, as Zuckerberg told employees not to apologize — Chief Executive Mark Zuckerberg drove response to disclosures about company's influence; sending deputies to testify in Congress| Washington Post: |
As the US faces record COVID-19 infections, effective use of exposure notification apps is unlikely, given slow adoption and poor data on their efficacy — The United States is grappling with record-high infections, but adoption of the system is still far behind what its creators and proponents envisioned| Chaim Gartenberg / The Verge: |
HDMI Forum will introduce HDMI 2.1a, the latest standard, at CES 2022, with minor updates that only further complicate the system's haphazard device support — Brace yourself for yet another new HDMI standard — The HDMI standards are a mess. HDMI 2.1, in particular, is a uniquely frustrating mess … | Richard Lawler / The Verge: |
Fortnite servers are back online after a major five-hour outage prevented players from logging on, among other issues — The hit battle royale game told players “You do not have permission to play Fortnite.” — There was some bad news if you're on winter break and hoping to play some Fortnite … | Sergiu Gatlan / BleepingComputer: |
T-Mobile confirms reports of a data breach caused by SIM swap attacks on a “very small number of customers”, following six other data breaches since 2018 — T-Mobile confirmed that recent reports of a new data breach are linked to notifications sent to a “very small number of customers” who fell victim to SIM swap attacks.| New York Times: |
How tech founders and investors use the Qualified Small Business Stock tax break, a 1990s-era provision for SMBs, to minimize taxes on their investment profits — Once aimed at small businesses, a 1990s-era tax break has become a popular way for Silicon Valley founders and investors to avoid taxes on their investment profits.| Wall Street Journal: |
Google, Microsoft, and Oracle invest in potential cloud clients to beat AWS; Google claims 6% cloud market share, behind AWS at 41% and Microsoft at 20% — Alphabet company and others invest in potential clients as they look to close gap with Amazon in fast-growing sector| Rebecca Bellan / TechCrunch: |
Autonomous trucking startup TuSimple says its semi truck completed an 80-mile route in Arizona without a human on board and no human intervention — Autonomous trucking startup TuSimple has completed its first autonomous truck run on open public roads without a human in the vehicle, according to the company.| Paul Butler: |
Web3 game Axie Infinity's play-to-earn model blurs the lines between “player” and “worker”, creating a Ponzi scheme with built-in deniability — In Bullshit Jobs: A Theory, David Graeber makes the case that a sizable chunk of the labour economy is essentially people … | Paul Alcorn / Tom's Hardware: |
Intel closes the first phase of the sale of its SSD and NAND businesses to SK hynix and says SK hynix's Solidigm subsidiary will operate the Dalian fab in China — Intel and SK hynix seal the first phase of the deal. — Intel announced this evening that it has closed the first phase … | Youkyung Lee / Bloomberg: |
Six of the 10 best-performing South Korean stocks in 2021 are linked to the metaverse or NFTs, including Wemade Max, up 1,500%, and Giantstep, up 1,200% — For equity investors in South Korea, this was the year the metaverse arrived. — Six of the nation's 10 best-performing stocks in 2021 … | Reuters: |
Shares of SenseTime, China's most valuable AI startup, rose 23% in early trading, after the company raised $740M in its Hong Kong IPO at a $16.4B valuation — SenseTime Group (0020.HK) shares jumped as much as 23% from their IPO price as they debuted on the Hong Kong Stock Exchange on Thursday … | Bloomberg: |
Didi Global reports Q3 revenue of $6.6B, down 13%+ QoQ, and a net loss of $4.7B, as China's cybersecurity probe forced it to take down many of its apps — Didi Global Inc. reported a massive $4.7 billion net loss for the quarter ended September as it navigates toward delisting its shares in the U.S. and offering them up in Hong Kong.
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| Laura Forman / Wall Street Journal: |
| Bloomberg: |
| Abner Li / 9to5Google: |
| Kris Holt / Engadget: |
| Monica Alleven / Fierce Wireless: |
| Sergiu Gatlan / BleepingComputer: |