Techmeme
November 12, 2021, 10:45 AM

Top News

Amanda Silberling / TechCrunch:
Instagram is testing paying $10,000+ in bonuses to select creators posting Reels, as part of a bonus 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 …
Lorenzo Franceschi-Bicchierai / VICE:
Google researchers found a watering hole attack in August exploiting a macOS zero-day and targeting Hong Kong pro-democracy sites; Apple patched on September 23  —  “The nature of the activity and targeting is consistent with a government backed actor,” the Google researchers say.
Sarah Perez / TechCrunch:
Spotify acquires audiobook distributor Findaway and says it expects the deal to close in Q4 2021  —  In an effort to expand beyond music, Spotify has been investing hundreds of millions to build out its podcasts business.  Now the company has set its sights on another form of audio …
Katie Silver / BBC:
Alibaba's annual Singles Day event sees slowest ever sales growth of 8.5% YoY since it was launched in 2009, but customer spending still hit a record $84.5B  —  Chinese e-commerce giant Alibaba's Singles Day is known for being the world's biggest online shopping extravaganza.
Mitchell Clark / The Verge:
Amazon will let Prime users on iOS share video clips up to 30 seconds long for some of its content  —  You can now help Amazon with its marketing if you have iOS  —  Amazon has announced that it'll let you easily share video clips showing up to 30 seconds of some of its Prime Video content, right from the iOS app.
Politico:
A look at the relationship between Frances Haugen and anti-tech lobbying group Reset, which has guided her EU tour  —  As soon as Frances Haugen landed in Europe, she was given the VIP treatment.  She met senior officials in Paris, Berlin and London.  She testified to lawmakers in Brussels.
Owen Fernau / The Defiant:
Ethereum Name Service's ENS token hits $1B market cap, just two days after its airdrop in which users received the token for free in their crypto wallets  —  ENS, the governance token of Ethereum Name Service, hit a market capitalization of $1.1B in early morning trading Eastern Standard Time.
Taylor Hatmaker / TechCrunch:
Discord CEO Jason Citron says the service has no plans to add crypto and NFT tools, following a backlash to an internal concept he shared on Twitter  —  Discord founder and CEO Jason Citron sought to reassure users Wednesday that the company doesn't have impending plans to shift its business toward NFTs.
Sandra Upson / Wired:
Profile of CryptoPunks, an NFT project founded by two Canadian developers in 2017, which has reached $1.5B in lifetime sales as NFTs explode in popularity  —  When two Canadian coders started an online project called CryptoPunks, they had no idea they'd spark a hyped-up, blockchain-fueled cultural juggernaut.

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Wall Street Journal:
Rebecca Falconer / Axios:
Helene Braun / CoinDesk:
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Lucas Shaw / Bloomberg:
Brian Ashcraft / Kotaku:
Wall Street Journal: