Techmeme
November 12, 2021, 6:25 PM

Top News

Hannah Murphy / Financial Times:
Maxwell Strachan / VICE:
Interview with Sam Lessin and YouTuber Marina Mogilko about a $1.7M investment in her, in exchange for 5% of her creator-related earnings for the next 30 years  —  She gets $1.7 million.  Sam Lessin's venture firm gets 5% of her creator earnings for 30 years. “it's def not indentured servitude,” he says.
Drew Harwell / Washington Post:
US contract lawyers say remote work surveillance programs that use facial recognition have become widespread in the industry  —  The attorneys worry that if law firms, traditionally the defenders of workers' rights, are turning to the programs, why wouldn't every other business?
Hartley Charlton / MacRumors:
The latest iOS 15.2 beta adds a manual Macro mode toggle to the Camera app on the iPhone 13 Pro and iPhone 13 Pro Max  —  The second beta of iOS 15.2 adds a toggle for Macro mode on the iPhone 13 Pro and iPhone 13 Pro Max when Auto Macro is disabled in Settings, enabling users …
Robin Sloan / The Society of the Double Dagger:
Web3 notes from a sci-fi writer and “enemy” of the tech: it shows new protocols are still possible, but is expensive, undemocratic, and impedes ephemerality  —  It's possible you have, in recent months, seen people writing with excitement (or curiosity, or consternation) about “Web3”.
Tanzeel Akhtar / CoinDesk:
Forte, a blockchain-based gaming infrastructure startup, raises a $725M Series B led by Sea Capital and Kora Management, bringing its total funding to $900M  —  Forte will use the funding, which brings its total capital raised this year to more than $900 million, to expand its products and services.
Amanda Silberling / TechCrunch:
Facebook rolls out new shopping features, including Shops in Groups, product recommendations in the News Feed, and a test of Live Shopping for Creators  —  Facebook announced today that it's rolling out new shopping features: Shops in Groups, product recommendations and a test of Live Shopping for Creators.
Reuters:
Foxconn beats estimates as Q3 net profit rose 20% YoY to $1.33B and warns its smartphone business revenue could slide more than 15% in Q4  —  Taiwan's Foxconn (2317.TW), which assembles iPhones for Apple (AAPL.O), reported a better-than-expected third-quarter profit on Friday …
Amanda Silberling / TechCrunch:
Instagram tests paying $10,000+ bonuses to select Reels creators, as part of a program announced in July  —  Instagram really wants you to post Reels — they'll even pay you up to $10,000 for one, if you're lucky.  —  As TikTok surpasses the 1 billion monthly active users mark …
Devin Coldewey / TechCrunch:
Blackshark.ai, the Austrian startup that built the digital twin of Earth in Microsoft's Flight Simulator, raises a $20M Series A led by M12  —  Blackshark.ai, the Austrian startup behind the digital globe you fly over in Microsoft's Flight Simulator, has raised a $20 million round A to develop and scale its replica-Earth tech.
Politico:
A look at the relationship between Frances Haugen and the anti-tech lobbying group Reset, which guided her through the complex world of European policymaking  —  As soon as Frances Haugen landed in Europe, she was given the VIP treatment.  She met senior officials in Paris, Berlin and London.
Andrew Perrin / Pew Research Center:
Survey: 16% of US adults, including 43% of men aged 18 to 29, say they have invested in, traded, or used a cryptocurrency  —  The vast majority of U.S. adults have heard at least a little about cryptocurrencies like Bitcoin or Ether, and 16% say they personally have invested in …

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More News

Sandra Upson / Wired:
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Earlier Picks

Owen Fernau / The Defiant:
Sarah Perez / TechCrunch:
Rebecca Falconer / Axios:
Mitchell Clark / The Verge:
Lorenzo Franceschi-Bicchierai / VICE:
Lucas Shaw / Bloomberg:
Taylor Hatmaker / TechCrunch:
Wall Street Journal: