| Frederic Lardinois / TechCrunch: |
Amazon launches EC2 Mac instances bringing the Intel-based Mac mini to its cloud for $1.083 per hour billed by the second — AWS today opened its re:Invent conference with a surprise announcement: the company is bringing the Mac mini to its cloud. These new EC2 Mac instances, as AWS calls them, are now available in preview.| BBC: |
Facebook's Oversight Board takes up first cases for review, all involving decisions to remove user content, says users have submitted 20K cases since Oct. 2020 — Facebook's Oversight Board has chosen its first batch of cases to review. — All involve decisions originally made by the platform to remove user content.| Reuters: |
Sources: Samsung may discontinue its premium Galaxy Note phone next year, reflecting the sharp drop in demand for high-end smartphones due to the pandemic — SEOUL (Reuters) - Samsung Electronics Co Ltd may discontinue its premium Galaxy Note phone next year, sources with knowledge of the matter said … | Nikhilesh De / CoinDesk: |
Libra Association is rebranding to Diem, distancing itself from the initial Facebook-led vision debuted last year, ahead of its expected 2021 stablecoin launch — The Libra Association put together by Facebook last year is rebranding in further efforts to distance itself from the original Facebook-led vision rolled out last year.| Shara Tibken / CNET: |
Qualcomm unveils its upcoming flagship chipset Snapdragon 888, including a 5G modem with both mmWave and sub-6GHz 5G support and an AI engine capable of 26 TOPS — The chip that will power most high-end 5G phones next year is here: the Qualcomm Snapdragon 888.| Jim Waterson / The Guardian: |
Facebook to launch Facebook News in the UK in Jan. 2021, says it will pay publishers for news not already on its platform; most big UK publishers have signed up — Facebook is to pay mainstream UK news outlets millions of pounds a year to license their articles, as the social network faces … | Sahil Patel / Wall Street Journal: |
Reddit says it averaged 52M DAUs in October, up 44% YoY, disclosing the metric for the first time; ad revenue hit $100M+ in 2019, on track to rise 70%+ in 2020 — The disclosure comes as the tech company pursues new advertisers — Reddit Inc. said it averaged 52 million daily active users in October … | Eric Geller / Politico: |
SCOTUS worries about CFAA's sweeping nature, with Justice Gorsuch saying that the US government's view of the law risks “making a federal criminal of us all” — The Supreme Court on Monday indicated serious reservations about the ambiguity and scope of the nation's only major cybercrime law … | CNBC: |
Amazon says 2020's holiday shopping season has been its biggest ever, with independent sellers reaching $4.8B+ in worldwide sales over the weekend, up 60% YoY — - Amazon has announced that this year's holiday shopping season has been the biggest in its history.| Jordan Novet / CNBC: |
Scale, which helps companies label data for use in artificial intelligence models, raises $155M led by Tiger Global at a $3.5B+ valuation — - Start-up Scale helps companies label data for use in artificial intelligence models. — It has had trouble keeping up with one of its customers … | Ingrid Lunden / TechCrunch: |
| Taylor Soper / GeekWire: |
Flexe, which operates a marketplace to buy warehousing space on demand, raises $70M Series C led by T. Rowe Price, bringing its total raised to $134M — Flexe is raising more capital ahead of schedule as the pandemic-driven e-commerce boom spurs faster-than-expected growth for its warehousing technology platform.| Steve Kovach / CNBC: |
Filing: Airbnb seeks to raise ~$2.5B in its IPO at a valuation of up to $35B, after pricing its shares at $44 to $50 — - Airbnb filed an updated S-1 Tuesday ahead of its expected IPO later this month. — Airbnb says it expects to price between $44 and $50 per share.| James Rundle / Wall Street Journal: |
Report: 3.1M professionals are needed to bridge the global cybersecurity talent gap; experts urge companies to adjust hiring requirements for cybersecurity jobs — Researchers say cyber talent is available but often not considered — Companies need millions more cybersecurity professionals … | Jeff Grubb / VentureBeat: |
Report: in the past six months 79% of US consumers played a video game, with time spent playing games up 26% YoY, and user spending up 33% YoY — We know that time and money spent on video games is surging due to the pandemic. Now, industry-tracking firm The NPD Group is providing detail on where that growth is coming from.| Ingrid Lunden / TechCrunch: |
Gartner: global Q3 smartphone sales dropped 5.7% YoY to 366M; Samsung led with 80.8M units, Huawei fell 21% to 51.8M, and Xiaomi grew ~35% YoY, surpassing Apple — We are now into the all-important holiday sales period, and new numbers from Gartner point to some recovery underway … | New York Times: |
E-commerce is in a flux for luxury brands, with Amazon on one side and a new alliance, including LVMH, Kering, Farfetch, and Richemont, on the other — On one side: Amazon. On the other: a new alliance of brands and platforms. Who will win? — In 2015, the chairman and controlling shareholder … | Jonathan Shieber / TechCrunch: |
BlackBerry shares jump 50%+ on news it will partner with AWS to jointly develop and market its vehicle data integration and monitoring platform, IVY — BlackBerry shares shot up in early trading on news that the company will partner with Amazon Web Services to jointly develop and market … | Ingrid Lunden / TechCrunch: |
Databand, a developer of AI-based observability software for data pipelines, raises $14.5M Series A led by Accel. bringing its total raised to ~$18.5M — DevOps continues to get a lot of attention as a wave of companies develop more sophisticated tools to help developers manage increasingly complex architectures and workloads.| Ari Levy / CNBC: |
Sources: GitLab is letting employees sell equity in a secondary share sale that values the company over $6B, up from a valuation of $2.7B in September 2019 — - GitLab competes with GitHub, which Microsoft acquired in 2018 for $7.5 billion. — The company had originally aimed to go public … | Ingrid Lunden / TechCrunch: |
SoftBank takes a $690M stake in Sinch, which provides cloud-based “omnichannel” voice, video, and messaging services to help businesses communicate with users — On the heels of Facebook taking a big step into customer service with the acquisition of Kustomer for $1 billion, another big move is afoot in the world of CRM.| Cade Metz / New York Times: |
Alphabet's DeepMind says it has solved the key “protein folding problem”, cutting the job down from months to hours, which could speed up drug discovery — Researchers at DeepMind say they have solved “the protein folding problem,” a task that has bedeviled scientists for more than 50 years.| Mark Gurman / Bloomberg: |
Apple hires Josh Elman, former VC at Greylock Partners and ex-VP of product at Robinhood, to work on app discovery at the App Store — Apple Inc. hired Josh Elman, a former venture capitalist at Greylock Partners who led early investments in Discord and the precursor to TikTok, to work on the App Store.
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| Wall Street Journal: |
| Jordan Novet / CNBC: |
| Ana Swanson / New York Times: |
| Surojit Chatterjee / The Coinbase Blog: |
| Kurt Wagner / Bloomberg: |
| Todd Spangler / Variety: |
| Tim Hardwick / MacRumors: |
| Scott Pelley / CBS News: |