| Ian Sherr / CNET: |
Apple announces Self Service Repair, a program starting next year that will publish repair manuals, let customers buy parts and tools, and more — The tech giant says it will publish repair manuals and allow everyday customers to buy the same parts and tools certified technicians and repair shops use.| Sam Dean / Los Angeles Times: |
LA's iconic Staples Center to be renamed as Crypto.com Arena, sources say in a deal worth $700M+ for 20 years — Staples Center is getting a new name for Christmas: Crypto.com Arena. — The downtown Los Angeles venue — home of the Lakers, Clippers, Kings and Sparks … | Sarah Perez / TechCrunch: |
Instagram says it is shutting down its standalone mobile messaging app Threads by December 31 — Instagram's standalone messaging app Threads is shutting down. The app will no longer be supported by the end of December 2021, the company confirmed to TechCrunch after reports began circulating … | Bloomberg: |
Amazon tells UK customers it won't accept Visa credit cards issued in the UK from January 19, 2022, citing high transaction fees — - Customers told the change will come into effect in Jan. 2022 — Amazon cites high fees charged by Visa as reason for change| Shannon Liao / Washington Post: |
Over 100 Activision Blizzard employees staged a walkout on Tuesday, the second in four months, demanding CEO Bobby Kotick step down, after a WSJ report — This story has been updated from a previous version. — IRVINE, Calif. — Employees at beleaguered video game company Activision Blizzard walked … | Shannon Liao / Washington Post: |
A group of shareholders owning less than 1% of Activision Blizzard calls for CEO Bobby Kotick and two of its longest serving board members to resign — A day after Activision Blizzard employees staged a walkout and called for the resignation of CEO Bobby Kotick and several other executives … | Wall Street Journal: |
| Emma Roth / The Verge: |
Google releases a Pixel 6 and 6 Pro update slightly improving the fingerprint scanner, which some have called slow to unlock and unreliable — The 15MB update brings unspecified adjustments to the Pixel 6 and Pixel 6 Pro — Google quietly rolled out a Pixel 6 update that addresses … | Gene Maddaus / Variety: |
Miramax sues Quentin Tarantino over copyright infringement for selling NFTs based on Pulp Fiction screenplay excerpts; Miramax says it owns screenplay rights — Miramax filed a lawsuit on Tuesday accusing Quentin Tarantino of copyright infringement by selling NFTs based on the screenplay for “Pulp Fiction.”| Sarah Perez / TechCrunch: |
Spotify expands Podcast Subscriptions globally and now includes 20 price points from $0.50 to $150 and a way for creators to download subscribers' contact info — Just a few months after launching support for podcast subscriptions to U.S. creators, Spotify today is making the service available to creators in global markets.| Axios: |
Analysis: the top five most-followed accounts on TikTok do not rank in the top 50 on Facebook, YouTube, Twitter, or Instagram — The creator economy has produced thousands of social media entrepreneurs who have built mega-audiences in the millions — larger than many media companies.| Sarah Perez / TechCrunch: |
TikTok releases commissioned research into harmful challenges and hoaxes, which often go viral on TikTok, and adds a Safety Center section about such content — TikTok has developed a bad reputation for hosting dangerous viral “challenges” on its app, which at their worst … | Kyle Wiggers / VentureBeat: |
Netlify, which offers a cloud-based service for automating web development projects, raises a $105M Series D at a $2B valuation, bringing funding to $200M+ — Sign up here. — Netlify, a platform as a service that builds, deploys, and hosts websites and apps, today announced … | Tom Matsuda / The Block: |
ConsenSys, which develops and invests in projects built on the Ethereum blockchain, raises $200M at a $3.2B valuation from HSBC, Coinbase Ventures, and others — Quick Take — ConsenSys, a company that develops and invests in the ethereum blockchain, has raised $200 million … | Sean Endicott / Windows Central: |
Microsoft shifts Windows 10 from two major updates per year to one, and announces that only Windows 11 will support emulating x64 apps on ARM devices — You'll have to upgrade your Windows on ARM PC to use x64 emulation. — What you need to know — Microsoft discussed the status of x64 emulation for Windows on ARM today.| Reuters: |
Profile of Vignesh Sundaresan, aka MetaKovan, who bought the $69M Beeple NFT, as customers and investors in his companies say they lost millions of dollars — Vignesh Sundaresan, aka MetaKovan, has amassed a digital art collection worth tens of millions of dollars. His path to riches was sometimes rocky.| Kurt Schlosser / GeekWire: |
HaptX, a developer of haptic gloves for VR and robotics, says Meta's prototype is “substantively identical” to tech it claims to have demoed to Facebook execs — Meta made a big announcement Tuesday about how it hopes to bring touch to the virtual world through the use … | Bloomberg: |
Source: BlockFi faces SEC scrutiny for offering high interest rates for lending out crypto; Texas, New Jersey, and others are already investigating BlockFi — - U.S. regulator examining whether lending product is a security — Fast-growing firm already responding to state-level inquires| Jordan Novet / CNBC: |
Cisco reports Q1 revenue of $12.9B, up 8% YoY, total annualized recurring revenue of $21.6B, up 10% YoY, and total product order growth up 33% YoY — - Cisco fell short of analysts' estimates on revenue in the quarter. — The company also issued guidance that missed analyst' predictions.| Daniel Howley / Yahoo Finance: |
Nvidia beats with record Q3 revenue of $7.1B vs. $6.82B estimated, up 50% YoY, Gaming revenue of $3.22B, up 42%, and Data Center revenue of $2.94B, up 55% — Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday beating analysts' predictions on the top and bottom line as revenue jumped 50% year-over-year.| Nina Bambysheva / Forbes: |
Nym Technologies, which provides network-level privacy through its blockchain-based “mixnet”, raises a $13M Series A led by a16z at a $270M valuation — I cover cryptocurrencies and other applications of blockchain — Working to make the internet more private … | Joe Woelfel / Barron's Online: |
Baidu beats in Q3 with revenue of $4.95B, up 13% YoY, Core revenue of $3.83B, up 15% YoY, and losses of $2.6B; stock down 5%+ — Baidu, the Chinese search-engine giant, reported a third-quarter loss of 16.6 billion yuan ($2.6 billion) after recording significant charges, but revenue jumped 13% and beat analysts' estimates.| Brent Kendall / Wall Street Journal: |
Sources: Republican FTC commissioners and some career officials feel excluded under the current leadership; Lina Khan rejected the claims in an agency-wide memo — Criticized by Republicans, Khan tells agency staffers she aims to build bridges going forward| Brandy Betz / CoinDesk: |
Anoma Foundation, which offers a blockchain for exchanging cryptocurrencies at the best market rate, raises $26M led by Polychain Capital at a $260M valuation — Polychain Capital led the round, which valued Anoma at $260 million. — The Anoma Foundation, a blockchain technology company … | Wall Street Journal: |
Micfo CEO Amir Golestan pleads guilty to wire fraud charges after fraudulently acquiring thousands of IP addresses from nonprofit ARIN, a first-of-its-kind case — Amir Golestan was accused of using his web-services company Micfo to win scarce IP addresses by fraudulent means| Sophia Kunthara / Crunchbase News: |
Place, which offers tools for real estate agents covering accounting, hiring, ads, and more, raises a $100M Series A led by Goldman Sachs at a $1B valuation — Proptech startup Place raised $100 million in a Series A round led by Goldman Sachs, the company said Wednesday. — Subscribe to the Crunchbase Daily| Tanya Basu / MIT Technology Review: |
A look at the promise and perils of personalized avatars in Meta's metaverse, as some experts worry it might make body image issues even worse — Some people are excited to see realistic avatars that look like them. Others worry it might make body image issues even worse.| Peter Guest / Rest of World: |
Singapore, which is often portrayed as an aspiring techno-utopia, is edging closer to a surveillance state amid a nationwide move toward constant vigilance — In the “smart nation,” robot dogs enforce social distancing and an app can claim to neutralize racism. The reality is very different.| Paul Sawers / VentureBeat: |
Hightouch, which offers tools to sync data from disparate sources, raises a $40M Series B led by Iconiq Growth at a $450M post-money valuation — Data integration platform Hightouch has raised $40 million in a series B round of funding led by Iconiq Growth, a venture capital firm … | Faseeh Mangi / Bloomberg: |
Analysis: Pakistan-based startups have raised ~$300M in 2021, more than the previous six years combined, with investors from the US, UAE, and Singapore — Global investors are pouring money into Pakistan's budding tech sector. Funding this year has outstripped the last six combined.| Celestine Bohlen / New York Times: |
As Moscow Metro introduces Face Pay, digital privacy activists express alarm at the implications of introducing city-wide facial recognition — The latest example is Face Pay, which replaces a Metro card with facial recognition. It may be advanced, but activists are sounding the alarm on privacy issues.
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