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November 4, 2021, 11:30 AM
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WeSmirchTop 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 …
More:
9to5Google, Google Developers Korea Blog, Wall Street Journal, The Verge, TechCrunch, XDA Developers, Reuters, Forkast, Phandroid, and The Economic Times
Tweets: @bzamayo and @reneritchie
| 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.
More:
Livemint, Android Police, The Verge, Pocketnow, Protocol, KnowTechie, The Overspill, iMore, TechRadar, Digital Trends, Observer, Social Media Today, MobileSyrup, PetaPixel, iDownloadBlog.com, TalkAndroid.com, Mashable, and 9to5Mac
Tweets: @instagram, @twittersupport, @owenthomas, @mosseri, @charlesarthur, @tomhschmidt, @wwayneee, @alizalicht, @mathewi, @reckless, @maxvoltar, @darth, @levie, @xor, @bcmerchant, @brittaniwarrick, @almeezyuh, @wongmjane, and @caseynewton
| 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.
More:
Facebook for Creators, Social Media Today, The Times, AppleInsider, PhoneArena, iPhone in Canada Blog, Philip Elmer‑DeWitt, iPhone Hacks, PYMNTS.com, SiliconANGLE, MacRumors, Daring Fireball, Tubefilter, dexerto.com, The Information, Protocol, iThinkDifferent, Insider, iDownloadBlog.com, CNET, 9to5Mac, Adweek, and iMore
Facebook: Mark Zuckerberg. Tweets: @fbforcreators, @mikeisaac, @eric_seufert, @muchiriimike, @stonemountain64, @kyurieff, @bettemidler, @oakleyboiii, @zerohedge, @bestpinoza, @kattenbarge, @kattenbarge, @kattenbarge, @omri_legacy, @jaredfps, @epro, @btj_games, @skasriel, @alexeheath, @carnage4life, @carnage4life, and @wongmjane
| 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.
Source:
Federal Communications Commission. More:
FCC, TechSpot, Telecoms.com, Ars Technica, SpaceNews, SlashGear, Gizmodo, Reuters, Protocol, Engadget, and The Verge
Tweets: @sspencer_smb, @via_satellite, and @thesheetztweetz
| 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%.
More:
pitchbook.com, TechCrunch, Quartz, and Fortune
Tweets: @alex, @heylizelle, @nmasc_, @nmasc_, and @nmasc_
| 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.
More:
AppleInsider, Insider, Digital Trends, Livemint, KION546, BGR, Techdirt, Financial Times, HotHardware.com News, and Common Dreams
Tweets: @nytimes, @katecrawford, @matthew_d_green, @profcarroll, @notdan, @panopticindia, @tyang209, @viss, @ryan77anderson, @ellajakubowska1, @mcclure111, @rik_ferguson, @joshuafarkas, @ronwyden, @docmattmoudi, @katerosebee, @viss, @mcclure111, @katerosebee, @mcclure111, @ecmclaughlin, @panopticindia, @shiringhaffary, @grady_booch, @rmac18, @profcarroll, @petermdenton, and @eff
| Dean Takahashi / VentureBeat: |
Mythical Games, which is developing a game platform with “playable NFTs”, raises $150M led by a16z at a $1.25B valuation, four months after raising $75M — Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.
More:
Andreessen Horowitz, Protocol, and Decrypt
| 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
More:
Game Developer, The Verge, Nintendo, VentureBeat, CNN, Gamereactor UK, and GamingBolt
Tweets: @6d6f636869 and @6d6f636869
| 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 …
More:
Game Developer, Video Games Chronicle, GameSpot, and GamingBolt
Tweets: @toadsanime, @james_batchelor, and @gibiz
| 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.
More:
Protocol, Washington Post, Politico, TechRadar, Engadget, Wall Street Journal, Federal Computer Week, TechSpot, Fortune, The Hill, and The Verge
| 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.| PYMNTS.com: |
Klarna to acquire PriceRunner, a product and price comparison service, for ~$124M as it looks to strengthen its buy now, pay later service — Klarna announced on Tuesday (Nov. 2) that it will acquire U.K.-based price comparison service PriceRunner for 1.06 billion Swedish crowns ($124.36 million) … | 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| Alexander Osipovich / Wall Street Journal: |
Google strikes a cloud deal with CME and invests $1B in the futures exchange — Alphabet Inc.'s Google has invested $1 billion in futures-exchange giant CME Group Inc. and struck a deal to move the company's core trading systems to the cloud. — Under the deal, the technology giant's Google Cloud unit … | 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.
More:
The GitHub Blog, Thurrott, The GitHub Blog, Softpedia News, ZDNet, SiliconANGLE, and Developer Tech News
Tweets: @natfriedman, @natfriedman, @cassidyjames, @ashtom, @segphault, @moxie, @mahdyar_me, @carnage4life, @joshmanders, @dvdsgl, @scottgu, @rauchg, @tlakomy, @brian_armstrong, @natfriedman, @natfriedman, @stroughtonsmith, @sbisson, @ericabrescia, and @github. Thanks:@colegarry2
| 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.
More:
Washington Post, Reuters, The Guardian, New York Times, Financial Times, CNET, United States Department …, BBC, TechRadar, CNN, Telecoms.com, iThinkDifferent, The Hacker News, VICE, infosecurity-magazine.com, The Verge, Reuters, The Hill, Platformer, Slashdot, SiliconANGLE, BGR, ZDNet, and PCMag
Tweets: @jsrailton, @nicoleperlroth, @campuscodi, @davidakaye, @rondeibert, @marietjeschaake, @kimzetter, @marahvistendahl, @nicoleperlroth, @nicoleperlroth, @ramabdu, @nicoleperlroth, @ydanasmithdutra, @agnescallamard, @carolecadwalla, @svaradarajan, @statedrl, @rondeibert, @campuscodi, @sophieintveld, @restofworld, @webradius, @drewharwell, @nakashimae, @chrissheridan34, @grahambrookie, @gauravgogoiasm, @jimstewartson, @hadas_gold, @hadas_gold, @drewharwell, @josephfcox, @skirchy, @alaashehabi, @financialtimes, @campuscodi, @langamahesh, @mkvenu1, and @natashabertrand
| 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 … Thanks:@christinemhall
| 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 … | Bloomberg: |
Sources say Masayoshi Son's profit-sharing plan for Vision Fund employees is contributing to a stream of defections, because it is based primarily on seniority — Ever since billionaire investor Masayoshi Son set up the giant Vision Fund in 2017 to provide backing for technology startups …
Tweets: @gilliantan and @pelstrom
| 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 …
More:
Gizmodo. Tweets: @protocol, @justinhendrix, @issielapowsky, @issielapowsky, and @issielapowsky
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