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November 29, 2024, 10:01 AM
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| Ismail Shakil / Reuters: |
Canada's Competition Bureau sues Google over alleged anti-competitive conduct in online advertising, seeking Google to sell two of its ad tech tools and more — Canada's Competition Bureau is suing Alphabet's (GOOGL.O) Google over alleged anti-competitive conduct in online advertising, the antitrust watchdog said on Thursday.
More: Government of Canada, Wall Street Journal, TechRadar, Tech Monitor, Computerworld, Hotel News Resource, Bloomberg, New York Times, Proactive, The Hill, Verdict, RTÉ, Neowin, Business Insider, UPI, BERNAMA, Engadget, Notebookcheck, The Economic Times, Hindustan Times, Canadian Press, Associated Press, BetaKit, Toronto Star, theprovince, BBC, SiliconANGLE, calgaryherald, TipRanks Financial, Times Colonist, Globe and Mail, Benzinga, NewsBytes, iPhone in Canada Blog, and Pixel Envy
Bluesky: @kint.bsky.social. X: @compbureau, @chrispavlovski, @paulvieira, @mgeist, @khushitavasant, @jason_kint, @mediamorphis, and @jason_kint. Forums: Slashdot
| Bloomberg: |
Experts worry about the unintended consequences of Australia's controversial but popular social media ban on under-16s; Meta, TikTok, and X expressed concerns — - Children under 16 barred from popular social media sites — Politicians under pressure to stem online bullying, grooming
More: Associated Press, The Guardian, 9to5Mac, The Indian Express, TechSpot, Yahoo News, Silicon UK, Deutsche Welle, The Economic Times, The Independent, Silicon Republic, CNN, BetaNews, Reuters, CleanTechnica, News18, Business Today, Tech Xplore, Kyodo News+, ABC, WAGA-TV, Benzinga, Tech.co, The Sun, The Verge, Engadget, IGN, Silicon Republic, Al Jazeera, Boing Boing, The Indian Express, Newser, Meta Australia Policy Blog, and Metro.co.uk
| Victoria Kim / New York Times: |
More: The Economic Times, Fortune, The Indian Express, Wccftech, 9News, The Guardian, New York Times, NewsBytes, ABC, Crikey, The Hill, Althouse, Business Insider, Forbes, Just The News, PhoneArena, Reuters, Axios, Semafor, and JURIST
Bluesky: @lizhighleyman.bsky.social. X: @lizhighleyman, @shibleytelhami, @senatorshoshana, @matthew_sigel, @johnanzo, @techau, @matt_camenzuli, @eevblog, @techau, and @leo_puglisi6
LinkedIn: Jason Kravitz and Bill Schmarzo
| Ben Westcott / Bloomberg: |
More: Parliament of Australia, BBC, ABC, Reuters, Nairametrics, Prime Minister of Australia, The Guardian, New York Times, Reuters, CCN.com, Agence France-Presse, TweakTown, SiliconANGLE, Business Today, Crikey, The Register, NBC News, NEOS KOSMOS, iPhone in Canada Blog, Sydney Morning Herald, Mashable, Washington Post, One America News Network, UPI, Wall Street Journal, TechCrunch, 9to5Mac, Associated Press, Los Angeles Times, ABC News, Cybernews.com, and The Mirror
Threads: @camwilsonreporter and @jonathanhaidt
Mastodon: @kate@aus.social and @endeavorance@astral.camp
Bluesky: @kkomaitis.bsky.social, @pheonixed.bsky.social, @alexboyd.bsky.social, @robynschofield3.bsky.social, @justinling.ca, @danielrubino.com, @carnage4life.bsky.social, @johnspurlock.com, @abbygeek.bsky.social, @newsguy.bsky.social, @mslods.bsky.social, @shalinjyotishi.bsky.social, @drwaus.bsky.social, @mslods.bsky.social, and @joshtaylor.bsky.social
X: @albomp, @willguyatt, @willguyatt, @6newsau, @6newsau, @mattjcan, @ash_craig, @mattjcan, @mattjcan, @willguyatt, @6newsau, and @matt_camenzuli
LinkedIn: George Dunford, Megan Reynolds, Regina Phelps, Sarah Outram, Maria Tibbs, Joseph Tigani, and Andrew Bills
Forums: r/saskatchewan, r/moderatepolitics, r/anime_titties, r/brisbane, r/conspiracy, r/worldnews, r/news, r/law, r/technology, and r/technews
| Akila Quinio / Financial Times: |
Sources: European regulators rebuked Wise in 2022 after finding it lacked proof of address for hundreds of thousands of customers, forcing it into remediation — Regulatory review in 2022 found fintech lacked proof of address for hundreds of thousands of customers| Ingrid Lunden / TechCrunch: |
Sources: Meta plans to build a 40K+ km-long fiber optic subsea cable extending around the world, a project that could cost more than $10B — Meta, the parent of Facebook, Instagram, and WhatsApp, is the second-biggest driver of internet usage globally. Its properties — and their billions of users …
More: The Verge, Total Telecom, Telecoms Tech News, NewsBytes, Reuters, CNBC, and Capacity Media
| Bloomberg: |
Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chip startup Rapidus — - Ishiba promised more than ¥10 trillion in outlays on chips, AI — Some of the funds are seen going to foundry startup Rapidus
More: Tech in Asia
| Financial Times: |
Sequoia's former China unit HongShan is pushing for deals in Europe and North Asia, as it struggles to deploy $9B due to a weak domestic market and US controls — Neil Shen's HongShan has struggled to invest its $9bn cash pile in a weak domestic market and tough US controls
More: This Week in Fintech and TechCrunch
| Bill Toulas / BleepingComputer: |
ESET researchers find the first UEFI bootkit designed specifically to target Linux systems, marking a shift in bootkits that previously focused on Windows — The first UEFI bootkit specifically targeting Linux systems has been discovered, marking a shift in stealthy and hard-to-remove bootkit threats …
More: BetaNews, WinBuzzer, TechRadar, DataBreachToday.com, Ars Technica, It's FOSS News, WeLiveSecurity, Security Affairs, and WeLiveSecurity
Mastodon: @marcan@social.treehouse … and @marcan@social.treehouse …
X: @matrosov, @thegrugq, @esetresearch, @nixcraft, @esetresearch, @esetresearch, @esetresearch, and @vxunderground
Forums: Hacker News and r/linuxsucks
| Reuters: |
Delivery Hero's Talabat, one of the largest food delivery services in the UAE, sets its Dubai IPO price at the top end of its range and plans to raise ~$2B — Talabat, one of the largest food ordering businesses in the Middle East, is set to raise about $2 billion from the largest initial public offering …
More: Reuters, Bloomberg, Wall Street Journal, Bloomberg, Delivery Hero, Forbes ME, and Tech in Asia
| Claire Che / Bloomberg: |
Didi reports Q3 revenue up 5% YoY to $7.44B and a net income of $128M, its second straight quarterly profit, as the company prepares for a Hong Kong IPO — - China's ride-hailing leader is recovering from a crackdown — The company is now angling to return to capital markets
More: Reuters, DiDi Global, KrASIA, and Tech in Asia
| Casey Hall / Reuters: |
Chinese food delivery giant Meituan reports Q3 revenue up 22.4% YoY to $12.9B, net profit up 3x YoY to $1.78B, and core delivery business up 20.2% YoY to $9.57B — China's largest food delivery firm Meituan (3690.HK) posted a bigger-than-expected 22.4% rise in third-quarter revenue on Friday, defying sluggish Chinese consumption.
More: South China Morning Post, Meituan, Wall Street Journal, Bloomberg, and Tech in Asia
| Manish Singh / TechCrunch: |
Filing: Zomato has raised $1B by issuing approximately 336.5M shares at about $3 each, its first major fundraise since its 2021 IPO — Indian food delivery app Zomato has raised $1 billion from institutional investors, completing its first major fundraise since its 2021 IPO.
More: Tech Funding News, Inc42 Media, and YourStory.com
| Christina Kyriasoglou / Bloomberg: |
The German government plans new chip subsidies, sources say about €2B, two months after Intel shelved plans to build a €30B factory in Magdeburg — - Part of a push to build chip supply resilience in Europe — Intel recently delayed a €30 billion chip factory in Magdeburg
More: Tech Monitor, Reuters, TechPowerUp, Euronews, TrendForce News, and Irish Independent
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