| 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 … | Justine Calma / The Verge: |
Google launches Project Relate, a beta Android app that English speakers with speech impairments can use as a voice assistant, in the US, NZ, Canada, Australia — It builds on Google's Project Euphonia — Google launched a beta app today that people with speech impairments can use … | The Verge: |
Qualcomm unveils Snapdragon Spaces XR Developer Platform, with hardware agnostic APIs and support for Unreal Engine 4 and Unity — AR as a ‘second screen’ feature or through dedicated headsets and glasses — While a lot of talk about the metaverse has focused on virtual reality experiences … | Tom Warren / The Verge: |
Microsoft partners with Meta to integrate Teams into Workplace, including enabling Teams users to livestream video to Workplace groups, starting in early 2022 — Microsoft Teams is integrating into Workplace — Microsoft is partnering with Meta, the company formerly known as Facebook … | 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 … | Aisha Malik / TechCrunch: |
Moov, an online marketplace for used manufacturing equipment, raises a $41M Series A led by Tiger Global — Moov, a data-fueled marketplace for used manufacturing equipment, has closed a $41 million Series A funding round led by Tiger Global. Investors joining the round include public … | Ingrid Lunden / TechCrunch: |
Workato, which lets companies automate repetitive processes, raises a $200M Series E at a $5.7B valuation, bringing its total funding to $421M — The race to automate the world of business is on, and today one of the bigger players in the market has picked up another major round of funding … | 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.| Ingrid Lunden / TechCrunch: |
Vimeo acquires Wibbitz, a short-form video creation service, and Wirewax, which builds tech to make objects in videos “shoppable” — Vimeo, the B2B video platform that spun out from IAC earlier this year, has made a pair of acquisitions aimed at building out the suite of features … | Nilay Patel / The Verge: |
Anker CEO on EU's proposed USB-C legislation, Apple's MFI program, taking bets on new tech like gallium nitride, building a D2C business on Amazon, and more — Anker is one of those companies that's endlessly fascinating to me — CEO Steven Yang founded it in 2011, and since then … | Helen Partz / Cointelegraph: |
Cryptocurrency exchange Huobi says it will shut down operations in Singapore by March 2022, after exiting China in September — All Huobi Global clients in Singapore should close active positions and withdraw their digital assets before March 31, 2022. — 3223 Total views — 42 Total shares| Catalin Cimpanu / The Record: |
Trend Micro report details the activities of hacker-for-hire group dubbed Void Balaur, which has targeted US telecom companies and others since the mid-2010s — Cyber-security firm Trend Micro has published today a 46-page report detailing the history and activity of a hacker-for-hire group … | Samantha Subin / CNBC: |
Coinbase reports Q3 revenue of $1.31B, up from $315M YoY, vs $1.57B est., monthly transacting users fell to 7.4M from 8.8M QoQ; stock down 10%+ — - Coinbase reported weaker-than-expected revenue for the third quarter. — The number of monthly transacting users dropped from the prior period.| Jay Peters / The Verge: |
Apple backpedals on breaking Face ID after third-party iPhone 13 screen replacements, will release a software update to no longer require a microcontroller swap — A software update is on the way that won't require repair shops to transfer a microcontroller| Tage Kene-Okafor / TechCrunch: |
Jumo, a fintech helping entrepreneurs of SMBs in emerging markets gain access to loans, raises $120M led by Fidelity, report says at a $400M valuation — JUMO, a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets … | Issie Lapowsky / Protocol: |
Meta says it can't keep up with its Oversight Board, which has issued 78 recommendations since January, and that the 30-day response deadline is too tight — Depending on who you ask, Facebook's Oversight Board is either a massive PR stunt to deflect blame away from the company or an ambitious … | Juli Clover / MacRumors: |
Alex Gorsky, chairman and departing CEO of Johnson & Johnson, joins Apple's board of directors; Tim Cook calls him a “visionary in healthcare” — Apple today announced that Alex Gorsky, the chairman and CEO of Johnson & Johnson, has joined its board of directors.| Tage Kene-Okafor / TechCrunch: |
London-based MFS Africa, which claims to be Africa's largest digital payments network, raises a $100M Series C, with $70M equity and $30M debt — Investor interest in African fintech continues to grab headlines with large fundraises. Today, Africa's largest digital payments network MFS Africa joins the fray.| Ryan Browne / CNBC: |
London-based buy now pay later startup Zilch raises $110M at a $2B valuation led by Ventura Capital; Zilch was last valued at $500M in April — - London-based start-up Zilch has raised $110 million in a round of funding that values it at $2 billion, four times the $500 million it was worth eight months ago.| Saheli Roy Choudhury / CNBC: |
Report: over 75% of people in six Southeast Asian countries now have access to the internet and a majority of them have shopped online at least once — - More than 75% of the population in six major Southeast Asian countries have access to the internet and a majority of them have shopped online … | Ingrid Lunden / TechCrunch: |
ControlUp, which helps IT teams monitor and improve desktop computing performance across disparate networks, raises $100M — Remote and hybrid work have become the norm in business, and today a startup that's building tools to improve how desktop computers behave in those scenarios is announcing … | 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 … | Reuters: |
Tencent reports Q3 revenue of $22B, up 13% YoY, net profit of $6.18B, up 3% YoY; sales from mobile games rose 9% to ~$6.65B — Chinese gaming and social media giant Tencent Holdings (0700.HK) posted a 3% rise in third-quarter profit on Wednesday, beating analyst expectations as it flagged … | 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| Preetika Rana / Wall Street Journal: |
DoorDash reports Q3 revenue of $1.28B, up 45% YoY, and says it will acquire European food delivery company Wolt in an all-stock $8B+ deal — Deal to acquire Wolt comes amid a wave of consolidation in the competitive food-delivery segment — DoorDash Inc. said it has agreed … | 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.| Sidney Fussell / Wired: |
Consumer advocates say buy now, pay later services like Afterpay and Affirm can be especially confusing for younger users and make it easy to get overextended — Services such as Afterpay, Affirm, and Klarna are soaring in popularity and valuation. But consumer advocates say they make it easy to get overextended.
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