Techmeme: Berlin-based Moonfare, which offers a private equity investment service, raises a $125M Series C led by Insight Partners, bringing its total funding to $185M (Vishal Singh/Silicon Canals)

Top News

Nikhilesh De / CoinDesk:

Infrastructure bill has an amendment to tax code section 6050I that requires some recipients of digital assets worth $10K+ to report sender's details to IRS — The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a controversial cryptocurrency tax reporting requirement.

More: DeCential, Decrypt, Notebookcheck.net, Cointelegraph, and Crypto Briefing

Tweets: @brian_armstrong, @dalperovitch, @dalperovitch, @ecombryan, and @jakesherman

Jacob Pramuk / CNBC:

House passes $1T+ bipartisan infrastructure bill, with a controversial crypto tax provision and $65B in broadband funding; Biden could sign the bill within days — - The House passed a more than $1 trillion bipartisan infrastructure bill, sending it to President Joe Biden for his signature.

More: The Record, CNET, Benzinga, NPR, Associated Press, The Hill, NBC News, and Deadline. Tweets: @m_f_rose

Antoine Gara / Financial Times:

Sources: McAfee is in advanced talks to go private in a deal worth over $14B, including $4B in debt, led by private equity firm Advent International — Buyout would be one of largest this year and mark end of company's brief stint on public markets — Antivirus software company McAfee …

More: Wall Street Journal, The Economic Times, The Motley Fool, Insider, MarketWatch, CRN, Silicon Valley Business …, Bloomberg, and Reuters

Catalin Cimpanu / The Record:

DeFi platform bZx says a hacker stole an estimated $55M worth of cryptocurrency assets after spear-phishing one of its employees and swiping two private keys — A hacker has stolen an estimated $55 million worth of cryptocurrency assets from bZx, a decentralized finance (DeFi) …

More: bZx network, Crypto Briefing, BitcoinExchangeGuide, Decrypt, CoinDesk, and The Block

Tweets: @arekfurt, @dcuthbert, and @campuscodi

Sam Biddle / The Intercept:

FOI request reveals US Treasury acquired data feeds enabling government use of sensitive data from smartphone apps not subject to due process restrictions — The Treasury Department has in recent months expanded its digital surveillance powers, contracts provided to The Intercept reveal …

Tweets: @samfbiddle, @carnage4life, and @_jack_poulson

Christine Hall / TechCrunch:

Neuro-ID, whose real-time behavioral analytics tool helps companies reduce fraud and customer friction, raises a $35M Series B led by Canapi Ventures — Much of our days are built around digital experiences, and companies are increasingly looking for ways to unlock conversion and optimize fraud screening.

More: Business Wire and PYMNTS.com

Tweets: @walkerforehand, @haley_codes, and @jeffreyreitman

PYMNTS.com:

Abound, an online wholesale marketplace connecting independent retailers and brands, raises a $36.7M Series B led by D. E. Shaw, bringing total raised to $59.6M — Wholesale marketplace Abound raised $36.7 million in a Series B funding round led by D. E. Shaw group, with additional support …

Source: PR Newswire. More: AlleyWatch

Bloomberg:

Apple hires CJ Moore, Tesla's Autopilot Software director who in January told the DMV that Musk's “Full-Self Driving” claims didn't “match engineering reality” — - CJ Moore drew controversy for remarks to DMV investigators — Apple continues to develop car technology under new managers

More: The Verge, PCMag, Appleosophy, iMore, Neowin, Engadget, Gizchina, iPhone in Canada Blog, Channel NewsAsia, 9to5Mac, and AppleInsider

Tweets: @realteslanorth and @wholemarsblog

Jamie Crawley / CoinDesk:

Bitcoin Cash briefly spiked 4.6% on Friday after a fake PR Newswire press release, which also appeared on Kroger.com, claimed Kroger will begin accepting it — The cryptocurrency rose over 4.6% from $602.63 at around 11:30 UTC to $630.70 in less than 15 minutes after the publication of a fraudulent announcement.

More: Reuters, Bloomberg, MarketWatch, Wall Street Journal, Crypto Briefing, The Verge, CoinDesk, The Daily Hodl, Bitcoinist.com, Techaeris, The Block, Cointelegraph, and Mashable

Tweets: @reuters, @crypto, and @thestalwart

Benjamin Mayo / 9to5Mac:

Report: Apple and TSMC plan to produce 3nm chips for Macs as soon as 2023, with as many as four dies and up to 40 CPU cores per chip — Apple is taking the PC world by storm with its first debut of Apple Silicon chips inside of Macs, taking what it learned from developing the iPhone and iPad …

Source: The Information. More: Tom's Guide, AppleInsider, Philip Elmer‑DeWitt, Ubergizmo, BGR, PhoneArena, Ars Technica, TechRadar, Tom's Hardware, MacRumors, iThinkDifferent, Macworld, iPhone Hacks, iDownloadBlog.com, iPhone in Canada Blog, Slashdot, and MacDailyNews

Tweets: @carniphage, @tedjgould, @brianroemmele, @vadimyuryev, @waynema, and @markdistef

FinSMEs:

Gather, which builds metaverse-like environments for offices, events, and conferences, raises a $50M Series B led by Sequoia Capital and Index Ventures — Gather, a US provider of a metaverse platform, raised $50M in Series B funding. — The round was led by Sequoia Capital and Index Ventures …

Source: Gather. More: Fast Company

Tweets: @flippnflops, @jowyang, and @joshelman

Chance Miller / 9to5Mac:

Apple says it has identified and fixed a firmware issue with its T2 security chip, which bricked some Macs while upgrading to macOS Monterey — macOS Monterey was released to the public last month with new features such as Focus modes, Shortcuts, and more.

More: Ars Technica, Redmond Pie, Gizchina, Techaeris, Ubergizmo, iPhone in Canada Blog, The Verge, iDownloadBlog.com, iPhone Hacks, AppleInsider, and iClarified

Tweets: @reneritchie and @campuscodi

Sponsor Posts

Google:

Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life

Shopify:

Transform ML Experimentation with Tangle — Save months of compute time with Tangle, built by Shopify. Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.

Zoho:

Top shortcuts to work your way through Zoho Cliq — The debate between mouse and keyboard users has been around for years. Whether it's about efficiency, speed, or productivity, there's always this question …

IDrive:

Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Sponsor Techmeme

Featured Podcasts

Decoder with Nilay Patel:

Square's product chief on the death of the penny and the future of money

A show from the Verge about big ideas - and other problems.

Subscribe to Decoder with Nilay Patel.

Grit:

The Pull to Build: Joubin Mirzadegan on Grit and Starting Roadrunner

Grit explores what it takes to create, build and scale world-class organizations.

Subscribe to Grit.

Lenny's Podcast:

The 100-person AI lab that became Anthropic and Google's secret weapon | Edwin Chen (Surge AI)

Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.

Subscribe to Lenny's Podcast.

Big Technology Podcast:

AI Device Wars Heat Up, RIP Metaverse?, Netflix Acquires Warner Brothers

The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.

Subscribe to Big Technology Podcast.

Channels with Peter Kafka:

"Hollywood is Truly Freaked Out." Inside the Netflix/WBD Deal with Lucas Shaw

Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.

Subscribe to Channels with Peter Kafka.

Hard Fork:

OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop

The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.

Subscribe to Hard Fork.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:10 PM ET, November 6, 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.