November 2, 2021, 6:26 AM

Top News

Nikkei Asia:
Sources: Apple has cut back on iPad production to allocate more chips to the iPhone 13; iPad production was down 50% from original plans for the past two months  —  U.S. tech giant produces 50% fewer tablets than planned in September-October  —  TAIPEI — Apple has cut back sharply …
Mark Gurman / Bloomberg:
Brian Krebs / Krebs on Security:
Researchers discover a Unicode security vulnerability that affects most code compilers, including for Go, C++, C#, JavaScript, Java, Rust, and Python  —  Virtually all compilers — programs that transform human-readable source code into computer-executable machine code …
Nikhilesh De / CoinDesk:
Biden admin urges Congress to subject stablecoin issuers to federal oversight like banks and limit their interactions with non-financial companies, such as Meta  —  If U.S. lawmakers don't act, regulators have the authority to take their own measures, according to the long-awaited report …
Sami Fathi / MacRumors:
Some Mac owners report that upgrading to macOS Monterey bricked their computer  —  macOS Monterey, released last week as the latest version of macOS, is bricking older Mac computers, rendering them unusable and unable to even turn on, according to a number of reports from users across social media and online forums.
Financial Times:
Meta takes down a troll farm run by the Nicaraguan government since 2018 that involved 937 Facebook accounts, 140 Pages, 24 Groups, and 363 Instagram accounts  —  Company says it took down hundreds of accounts, pages and groups ahead of Sunday's election  —  Meta's Facebook has accused …
Sources: Zillow is pitching institutional investors on the sale of 7K homes for ~$2.8B to recover from buying too many, which it blames on its bidding algorithm  —  - Online listing giant has been buying thousands of homes  —  Zillow Group Inc. is looking to sell about 7,000 homes as it seeks …
Charles Mandel / BetaKit:
Generac Holdings to buy smart thermostat startup Ecobee for $650M in cash and stock, plus up to $120M in stock if targets are hit, expects deal to close in Q4  —  Wisconsin-based Generac Holdings is acquiring smart thermostat startup Ecobee for up to $770 million, contingent on the achievement of certain performance targets.
Zheping Huang / Bloomberg:
Kuaishou's CEO Su Hua is stepping down, will remain chairman of the short-form video company; fellow co-founder Cheng Yixiao will be the new CEO  —  - Billionaire Su Hua cedes CEO role to co-founder Cheng Yixiao  — Su will focus on long-term strategy at the TikTok rival
Sources: Huawei is in advanced talks to sell its x86 server business, amid US blacklisting, to a consortium that includes a Zhengzhou-based state-owned firm  —  - Firm backed by government will likely participate in takeover  — Chinese tech giant couldn't buy x86 chips because of sanctions
More: Reuters
Dade Hayes / Deadline:
DGene, which uses AI to create holograms of humans and objects for use in AR/VR glasses and holographic displays, raises a $20M Series A led by Alibaba  —  EXCLUSIVE: DGene, an emerging content creation company involved in virtual production and immersive entertainment, has raised a $20 million Series A funding round led by Alibaba.
Source: PR NewswireMore: FinSMEs
Nikkei Asia:
Sources: Nintendo will only be able to produce ~24M units of Switch game console in FY 2021 due to chip shortages, 20% below its original plan of 30M  —  Production revised down to 24 million units for fiscal 2021 despite high demand  —  OSAKA — Nintendo will only be able to produce …

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