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November 27, 2022, 11:45 AM
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| Todd Shields / Bloomberg: |
The FCC imposes a ban on equipment from Huawei and ZTE, camera providers Hikvision and Dahua, and radio maker Hytera, citing “a risk to national security” — US regulators imposed a ban on electronic equipment from Huawei Technologies Co. and ZTE Corp., continuing a years-long effort …
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Federal Communications …, Axios, Reuters, Wall Street Journal, Slashdot, Engadget, Digit, The Hill, Gizchina, Huawei Central, The Verge, Barron's Online, The Hacker News, BBC, SecurityWeek, Livemint, SlashGear, Politico, CNET, Financial Times, and Associated Press
Tweets: @brendancarrfcc, @jchengwsj, @lizalinwsj, @maxwinebach, @brendancarrfcc, @jrosenworcelfcc, and @fcc
| Tim Copeland / The Block: |
Binance releases its proof-of-reserves system, starting with BTC, claiming it has 582,485 BTC and 575,742 BTC user balance, a reserve ratio of 101% for users — - Binance has put out its proof-of-reserves system, in light of FTX's meltdown. — It shows a reserve ratio of 101% for its users' bitcoin balances.| Reuters: |
Elon Musk claims “all-time high” new Twitter signups, averaging 2M+ a day in the last seven days till November 16, up 66% YoY, and ~8B daily user active minutes — Nov 27 (Reuters) - Twitter Inc Chief Executive Elon Musk has said that new user signups to the social media platform are at an …
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New Yorker, The Economic Times, Forbes, Insider, Bloomberg, and International Business Times
Tweets: @elonmusk, @hello__caitlin, @amuse, @drbriankeating, @itguy1959, @taylorlorenz, @johnmcurtis, @mirandadevine, and @wongmjane
| Christiana Loureiro / The Block: |
Report: several US states are investigating Genesis Global as part of an inquiry into interconnectedness of crypto firms, securities laws violations, and more — - States including Alabama are looking into crypto firms and whether they violated securities laws.
Source:
Barron's Online. More:
Cryptopolitan, crypto.news, Bitcoin News, Crypto Briefing, Decrypt, Cointelegraph, Reuters, CoinDesk, and CoinGape
Tweets: @chainyoda and @barronsonline
| Michelle Toh / CNN: |
The UK government asks its departments to stop installing Chinese surveillance cameras at sensitive sites, after calls to ban devices from Hikvision and Dahua — Hong Kong CNN Business — Hikvision, a leading Chinese surveillance company, has denied suggestions that it poses a threat … | Nilesh Christopher / Rest of World: |
Experts and employees detail Uber's struggles in Pakistan as it discontinues service in five cities, cuts spending, and faces increased competition from inDrive — Fierce local competition in the ride-hailing sector and economic uncertainty have forced Uber to scale back its presence in South Asia.
Tweets: @sub8u, @nixxin, @restofworld, @restofworld, and @nilchristopher
| Gené Teare / Crunchbase News: |
Analysis: AI startup funding has been around 9%-10% of global VC investment in recent years, led by robotics, autonomous vehicles, and enterprise software — Editor's note: In this four-part series, we explore the impact of artificial intelligence startups on multiple sectors.
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Analytics Insight, Trak.in, and TechCabal
| R.T. Watson / Wall Street Journal: |
How live-action YouTube kids channels Vlad and Niki, Like Nastya, and Kids Diana Show, with a total of ~300M subscribers, are building global franchises — Vlad, Niki, Diana and Nastya party on yachts, ride in Ferraris and travel the world. Their massive audience of fellow kids can't get enough.
Tweets: @dangrover, @wsj, and @thevirginiagen1
| Eudora Wang / DealStreetAsia: |
Shanghai-based eRoad, which offers a cloud-based HR management service with a focus on payroll, raised a ~$140M Series D, after raising an ~$84M Series C — Chinese human resource technology firm eRoad on Tuesday announced the completion of its Series D funding round at 1 billion yuan …
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AIM Group
| Heather Vogell / ProPublica: |
Source: the US DOJ is investigating whether rent-setting software made by RealPage is facilitating collusion among landlords to drive up rental prices — The DOJ will examine whether RealPage helped landlords coordinate rent increases. Questions also swirl around a 2017 merger deal with its largest competitor.| Debjyoti Roy / Livemint: |
New Delhi-based diabetes management app BeatO raised a $33M Series B led by Lightrock India, with Flipkart and others participating — Diabetes management app BeatO has raised $33 million in its Series B round of funding led by impact investor Lightrock India.| June Yoon / Financial Times: |
An in-depth look at the US sanctions on China's chipmakers and worries over their impact on inflation and rising costs for Western manufacturers and customers — The advice “dig two graves, before you set out” applies to anyone bent on revenge. An old aphorism is hardly going to divert …
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South China Morning Post, Livemint, Euractiv, WRAL TechWire, and DigiTimes
Tweets: @rikefranke, @maria_shagina, @ftopinion, @pstasiatech, and @paragkhanna
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