Techmeme
November 10, 2021, 8:55 AM

Top News

Adi Robertson / The Verge:
Judge in Epic v. Apple trial says Apple must comply with an order letting developers link to external payment options, denying Apple's stay request  —  Apple said the change would be ‘exceedingly complicated’  —  Epic v. Apple judge Yvonne Gonzalez Rogers says Apple must comply with an order …
Ellen Milligan / Bloomberg:
UK's Supreme Court dismisses a lawsuit against Google seeking $4B for allegedly tracking iOS Safari users without their consent between 2011 and 2012  —  - Supreme Court sides with Google in case seeking $4 billion  — Tech giant was accused of breaching its data-collection duties
Silvia Amaro / CNBC:
EU's General Court upholds a €2.42B fine against Google, levied in 2017, for abusing search engine dominance by promoting its own shopping service  —  - Wednesday's verdict can be appealed and taken to the EU's highest court.  — This is not the first time that the EU's General Court …
New York Times:
Meta aims to remove ad targeting options based on user interactions with content about health, race, political affiliation, religion, and more, by January 19  —  Meta, the social media company formerly known as Facebook, said on Tuesday that it planned to eliminate advertisers' ability …
Greg Kumparak / TechCrunch:
Unity to acquire Peter Jackson's visual effects company Weta Digital, including 275+ engineers, for $1.625B; Weta Digital's FTX artists will form a new entity  —  Unity has just announced its intent to acquire Weta Digital, the legendary visual effects company co-founded by Peter Jackson, for a massive $1.625 billion.
Jay Peters / The Verge:
Ashley Gold / Axios:
Bipartisan House bill would force tech platforms to offer an “input-transparent algorithm” that doesn't require user data to generate recommendations  —  A bipartisan group of House lawmakers has introduced a companion to a Senate bill that would let people use algorithm-free versions …
Helen Partz / Cointelegraph:
Cryptocurrency exchange Huobi says it will shut down operations in Singapore by March 2022, after exiting China in September  —  All Huobi clients in Singapore should close active positions and withdraw their digital assets before March 31, 2022.  —  213 Total views  —  26 Total shares
Alex Konrad / Forbes:
A look at NYC's growing VC scene as West Coast firms expand their presence, attracted by the congregation of fintech, crypto, and Web3 founders in the city  —  Covering venture capital, software and startups  —  In the 1980s, venture capital firm Sequoia set a tone for the tech investing industry …
Jay Peters / The Verge:
Twitter Blue rolls out to the US for $2.99/month with Scroll's ad-free articles across 300+ pubs, an undo button, Nuzzel-like “top articles” roundup, and more  —  And in Australia, Canada, and New Zealand, as part of Twitter Blue  —  Twitter Blue, the company's subscription service …
Brian Heater / TechCrunch:
Smart home company Level Home raises a $100M+ Series C led by Cox Communications, and acquires fellow smart home company Dwelo  —  Seems there's a fair bit of M&A news on the smart home front these days.  Following Ecobee's acquisition by generator company Generac, Level Home today announced …
Julia Fioretti / Bloomberg:
API Holdings, the parent company of Indian online pharmacy PharmEasy, files for a Mumbai IPO, seeking to raise as much as $843M  —  - API Holdings seeks 62.5 billion rupees in Mumbai IPO  — Indian firm joins flurry of listings amid strong stock rally
Aria Alamalhodaei / TechCrunch:
TriEye, which makes sensing tech for autonomous systems to see better in adverse conditions, raises $74M from investors including Intel and Samsung  —  Israeli startup TriEye has raised $74 million to commercialize a type of sensing technology that can be used to help autonomous …
Kirsten Korosec / TechCrunch:
Self-driving truck company Kodiak Robotics raises a $125M Series B, bringing total funding to $165M  —  Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, has raised $125 million in new capital, funding that will be used to double its workforce as it pursues a path to commercialization.
Gillian Tan / Bloomberg:
Wrapbook, which offers payroll software for the entertainment industry, raises $100M led by Tiger Global at a $1B valuation after being valued at $147M in March  —  - Andreessen, A-Star participated in $100 million funding round  — Wrapbook makes payroll software for entertainment firms

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