Techmeme
November 12, 2021, 7:35 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 …
Helen Partz / Cointelegraph:
AMC Theatres now accepts bitcoin, ether, bitcoin cash, and litecoin for online payments; CEO Adam Aron says dogecoin will be accepted next  —  AMC Theaters now accepts online payments in Bitcoin, Ether, Bitcoin Cash and Litecoin, with Dogecoin coming next.  —  279 Total views  —  4 Total shares
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.
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 …
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 …
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.

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