Techmeme
November 6, 2021, 10:05 AM

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.
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.
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
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.
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 …
Harrison Weber / dot.LA:
Bird closes its first day on the NYSE flat at $8.40 per share, after going public via a SPAC merger which valued it at ~$2.3B  —  Bird, the Santa Monica-based firm that makes and rents electric scooters, ended its first full day as a publicly traded company with its stock price up by a fraction of a percent at $8.40 per share.
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: GatherMore: Fast Company

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Earlier Picks

Wall Street Journal:
Balaji Srinivasan / @balajis:
Rebecca Bellan / TechCrunch:
Kurt Wagner / Bloomberg:
MacKenzie Sigalos / CNBC: