Techmeme
December 7, 2020, 8:45 PM

Top News

Jessica Bursztynsky / CNBC:
Uber's self-driving unit, Advanced Technologies Group, to be acquired by rival Aurora Innovation in a deal valuing ATG at $4B; source: Aurora now valued at $10B  —  - Self-driving vehicle start-up Aurora is acquiring Uber's Advanced Technologies Group, which works on self-driving technology.
Bloomberg:
Sources: Apple is preparing new Apple Silicon-powered MacBook Pros, iMacs, and Mac Pros for as early as spring 2021; full Mac transition will finish in 2022  —  - Company tests faster performing processors than Intel's best  — Major graphics boost in the works for upcoming desktop Macs
Timothy B. Lee / Ars Technica:
A look at Waymo's driverless taxi service, in Phoenix suburb Chandler, which seems to work well but still only offers ~100 rides/week and limits cars to 45 mph  —  Human drivers are pretty safe, making it hard to prove driverless tech is safer.  —  Waymo has long kept details …
Joyce Lee / Reuters:
LG says it has reorganized its mobile phone division, which has reported a loss for 22 consecutive quarters, to outsource low- and mid-range smartphones  —  SEOUL (Reuters) - LG Electronics said on Monday it had reorganised its mobile phone division to increase outsourcing of its low to mid-end smartphones …
Dan Seifert / The Verge:
Google starts rolling out Apple Music support to Assistant smart speakers and displays, including its Nest products, in the US, UK, France, Germany, and Japan  —  Stream Apple Music on a Nest Audio  —  Google has announced that Apple Music is now available on smart speakers and displays …
Lizette Chapman / Bloomberg:
Palantir wins a three-year deal worth $44.4M with the FDA to use Palantir software to power drug reviews and inspections, including possible COVID-19 treatments  —  Palantir Technologies Inc. won a deal with the U.S. Food and Drug Administration to help power drug reviews and inspections …
More: Reuters and CNBC
Kristine Owram / Bloomberg:
MicroStrategy, which was the first publicly traded company to invest in bitcoin and, as of Dec. 4, held 40,824 BTC, is raising up to $400M in debt to buy more  —  MicroStrategy Inc. is doubling down on its Bitcoin bet, saying Monday that it plans to offer $400 million of convertible bonds in order to buy more of the cryptocurrency.
Kyle Wiggers / VentureBeat:
Sydney-based shipping logistics service Shippit says it has raised ~$22M Series B to help fuel its expansion in Southeast Asia  —  Sydney-based shipping logistics platform Shippit today nabbed AU$30 million (approximately $22 million), bringing its total raised to date to over $31 million.
Catalin Cimpanu / ZDNet:
On December 4, a hacker forced open 2,732 package lockers across Moscow operated by local delivery service PickPoint using an unidentified exploit  —  PickPoint says this is the world's first targeted cyberattack against a post-gateway network.  —  A mysterious hacker used a cyber-attack …
Wall Street Journal:
By July, Chinese banks and trust companies had ~$230B in outstanding loans to users who borrowed via Alipay, a factor in new regulatory scrutiny of Ant Group  —  Partnering with the fintech giant has higher risks for smaller lenders, which are already on shaky ground

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More News

Catalin Cimpanu / ZDNet:

Earlier Picks

Christopher Mims / Wall Street Journal:
Financial Times:
Maureen Farrell / Wall Street Journal: