Techmeme
November 27, 2022, 12:55 AM

Top News

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 …
South China Morning Post:
Inside Zhengzhou's “iPhone City” lockdown, where China's zero COVID-19 policy, related propaganda and fears, and Foxconn's missteps led to the worker riots  —  In a widely cited anecdote about the power of the Chinese workforce, a manager at an iPhone factory was once able …
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.
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 …
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.
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.
Alex Hern / The Guardian:
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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 …
Jess Weatherbed / The Verge:
Elon Musk says Twitter may start manually authenticating accounts on December 2, with blue check marks for people, gold for companies, and gray for governments  —  Elon Musk says that Twitter's check mark program could return on Friday, December 2nd, with a new procedure to verify individual identities …

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