Techmeme
November 4, 2021, 11:30 AM

Top News

Vlad Savov / Bloomberg:
Google says it will let Android app developers use alternative billing systems in the Google Play store in South Korea, complying with a new law  —  Alphabet Inc.'s Google said it will add the option for developers to offer alternative billing systems on its Android app store in South Korea …
Aisha Malik / TechCrunch:
Instagram brings back support for Twitter Card previews after removing the feature in 2012  —  Instagram is bringing back support for Twitter Card previews starting today.  Now when users share an Instagram link on Twitter, a preview of the post will be shown in the tweet.
Alex Heath / The Verge:
Meta announces new Facebook creator tools, including custom subscription links that use its native payments system to bypass Apple and Google's IAP cut  —  The change is specifically about circumventing Apple's 30 percent tax, according to Zuckerberg  —  Facebook has found a way to skirt Apple's 30 percent tax on in-app transactions.
Michael Kan / PCMag:
FCC approves Boeing's application to deploy and operate satellites providing broadband internet to US consumers and business; application was filed in 2017  —  According to the FCC, Boeing plans on using the satellite internet system to supply broadband to residential, commercial, and government customers.
Biz Carson / Protocol:
PitchBook: female-founded startups raised a record $40.4B across 2,661 VC deals in the first three quarters of 2021, with the value of exits reaching $59B  —  The pandemic took a toll on female founders in 2020: Funding to their companies fell 3% even in a bullish startup climate that saw overall venture funding rise by 16%.
Rebecca Heilweil / Vox:
Meta will retain some of its facial recognition systems, including its DeepFace model, and plans to incorporate biometrics into its metaverse products  —  The social network is scaling back facial recognition, but similar technology could show up in the metaverse.
Takashi Mochizuki / Bloomberg:
Nintendo says it doesn't see “component shortages recovering” at the moment as it cuts Switch sales target from 25.5M to 24M for FY 2021  —  - Company upgrades operating profit outlook citing FX rates  — Sustaining sales momentum will depend heavily on OLED model
James Batchelor / GamesIndustry.biz:
US-based game publisher Devolver Digital raises around $261M in a London IPO, at a valuation of about $950M  —  Fall Guys publisher is biggest US firm to trade on AIM, Sony Interactive Entertainment makes 5% investment in Devolver  —  Devolver Digital has begun trading on AIM …
New York Times:
Google is aggressively pursuing a major cloud computing and AI contract with the Pentagon, three years after employee outcry ended similar work on Project Maven  —  Three years ago, the company walked away from a Defense Department project after employees objected to it.
Christine Hall / TechCrunch:
Cloudbeds, which makes management software for the hospitality industry, raises a $150M Series D led by SoftBank Vision Fund 2, bringing total funding to $253M  —  As U.S. hotel occupancy hit pre-pandemic levels this summer, the hospitality industry is bracing for what is expected to be a rush of activity as people resume travel.
More: Skift and FinSMEsTweets: @rafat
Chunying Zhang / Bloomberg:
Chinese self-driving startup Momenta raises $200M from investors including SAIC and Jack Ma's Yunfeng Capital, bringing its total raised this year to ~$1.2B  —  - Latest funding takes total raised this year to $1.2 billion  — Investors include auto giants GM, Toyota; Singapore's Temasek
Sarah Perez / TechCrunch:
A look at Match Group's plans for Tinder and Explore, including an expansion of virtual goods that incentivize engagement and a metaverse-like dating platform  —  Tinder has already undergone a big revamp with its recent launch of “Explore,” a new section inside the app that will enable …
Frederic Lardinois / TechCrunch:
GitHub CEO Nat Friedman is stepping down on November 15; Thomas Dohmke, who became chief product officer in August, will take over as CEO  —  GitHub CEO Nat Friedman is stepping down from his role on November 15 to become the Chairman Emeritus of the Microsoft-owned service.
Catalin Cimpanu / The Record:
US sanctions four companies, including NSO Group, that sell spyware or hacking tools, adding them to a list of entities engaging in “malicious cyber activities”  —  The US government has sanctioned today four companies that develop and sell spyware and other hacking tools, the US Department of Commerce announced today.
Christine Hall / TechCrunch:
Fountain, which provides an applicant tracking system for hourly workers, raises a $85M Series C led by SoftBank Vision Fund 2, bringing total funding to $119M  —  You may have visited some quick-service restaurants or other retailers in the past few months and noticed signs posted …
Ingrid Lunden / TechCrunch:
PubNub, which provides messaging, presence, and other data-based APIs for apps, raises a $65M Series E led by Raine Group, bringing its total funding to $130M+  —  Data streams with continual, real-time updates of information are a critical building block of how apps and sites function today …
Issie Lapowsky / Protocol:
Internal documents shed light on Facebook's “holdout” experiments, where it withholds certain protections from a subset of users to see how they will react  —  In her testimony before Congress last month, whistleblower Frances Haugen told lawmakers Facebook has conducted experiments …

Sponsor Posts

SignalFire:
We need startups to fight prompt injection, the top LLM security risk  —  Check out our AI security market map, and reach out if you're building a way to defend chatbots from this new hacking technique.
Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Zoho:
Bridge your on-prem directory and cloud directories with Zoho Directory  —  “On-prem or cloud?” has always been the question.  For years, the IT world has been relying on on-premises solutions for their identity management.
Techmeme Ride Home:
Fri. 03/01 - Elon Sues Sam Altman And OpenAI
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:30 AM ET, November 4, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Patrick Howell O'Neill / MIT Technology Review:
Dean Takahashi / VentureBeat:

Earlier Picks

James Vincent / The Verge:
Catalin Cimpanu / The Record:
Catalin Cimpanu / The Record:
Campbell Kwan / ZDNet:
Taylor Soper / GeekWire:
Tom Warren / The Verge: