| New York Times: |
Adam Mosseri agrees to testify about Instagram's effects on teenage users before a Senate Commerce subcommittee during the week of December 6 — Adam Mosseri, the head of Instagram, has agreed for the first time to testify before Congress, as bipartisan anger mounts over harms to young people from the app.| Nikkei Asia: |
Sources: Apple taps TSMC to mass produce 4nm 5G modem chips for the iPhone in 2023, in an effort to reduce its reliance on Qualcomm — U.S. company aims to cut reliance on Qualcomm for key components — Apple plans to adopt TSMC's 4-nanometer chip technology for its 5G modems as it seeks to cut reliance on Qualcomm.| CoinDesk: |
Indian government submits a bill to ban most cryptocurrencies and aims to create a framework that would facilitate the creation of a CBDC — While the bill might be the same as the draft submitted in January, expectations had grown that the government would submit a final version that would be accommodative to crypto.| Jon Porter / The Verge: |
Twitter updates its iOS app to stop automatically refreshing timelines and causing tweets to disappear, after rolling out the update on the web last week — ‘It should stay put!’ — Twitter has updated its iOS app to prevent those annoying situations where tweets disappear as you're trying to read them, the company has announced.| Reuters: |
Chinese state media says a regulator told Tencent to submit any new apps or updates for inspection through December 31; Tencent says its apps remain functional — Tencent Holdings' (0700.HK) apps remain functional and available for download, the company said on Wednesday in response … | Kyle Wiggers / VentureBeat: |
Brisbane-based Simpro, which offers work management tools for employees in the field, raises $350M and acquires productivity tools ClockShark and AroFlo — Field service management, which refers to the management of jobs performed in the field (e.g., telecom equipment repair), faces continued challenges brought on by the pandemic.| The Verge: |
Samsung says it will build a ~$17B, 1,200+ acre chip factory in Taylor, Texas, roughly 30 miles from its Austin facility, operational in H2 2024 — Creating 1,800 jobs in the city of Taylor — Samsung officially announced a new advanced chip-making plant in Texas, that's estimated … | Peter Grant / Wall Street Journal: |
CB Insights: real estate tech startups have raised $9.5B during 2021 so far, topping the record $9B invested in the “proptech” sector during 2019 — Venture capitalists and other investors poured $9.5 billion into sector through mid-November — Growing landlord demand for better data … | Nikkei Asia: |
Japan's top banks and 70 other companies are preparing to trial a new digital currency, backed by bank deposits, for large business transactions in H2 2022 — Top lenders and NTT join test of vehicle for business transactions — A consortium of over 70 Japanese companies look to launch a digital currency as early as 2022.| Mimi Billing / Sifted: |
Denmark-based podcasting and audio tech startup Podimo raises a $78M Series B led by 83North and Highland Europe — Companies in this sector have traditionally had difficulties in monetising audio content. Sweden's Acast introduced advertising as a way to pay the podcast's creators for their content.| James Marson / Wall Street Journal: |
How Belgian police infiltrated messaging service Sky ECC in February and March, gaining access to a billion messages and facilitating arrests and drug seizures — Criminals thought encrypted Sky ECC cellphones were impregnable, but cops tapped a billion messages, yielding arrests and drug seizures| Taylor Soper / GeekWire: |
CoreStack, which offers companies AI-powered cloud governance software, raises a $30M Series B led by Avatar Growth Capital, bringing its total funding to $45M — The news: Seattle-area startup CoreStack raised a $30 million Series B round led by Avatar Growth Capital.| Sneha Shah / The Economic Times: |
Indian used car marketplace Spinny raises a $285M Series E led by ADQ and Tiger Global at a $1.75B post-money valuation, after raising $108M in July — The company's valuation of $1.5 billion pre-money has nearly doubled since it raised $108 million from Tiger Global and others in July.| Jordan Pearson / VICE: |
ConstitutionDAO's organizers say the project has run its course and will shift its Discord channel into read-only mode in two weeks — The attempt by crypto fans to buy a copy of the Constitution has been defined by chaos since it failed. Now, it's dead. — Jordan Pearson| Nicole Perlroth / New York Times: |
Apple sues NSO Group in US federal court, seeking to ban NSO from using Apple products and alleging NSO illegally targeted Apple users with surveillance tools — Apple accused NSO Group, the Israeli surveillance company, of “flagrant” violations of its software, as well as federal and state laws.| Elizabeth Howcroft / Reuters: |
Decentraland says it sold a virtual real estate plot for $2.4M in crypto to Tokens.com subsidiary Metaverse Group, claiming it to be its largest transaction — A patch of virtual real estate in the online world Decentraland sold for a record $2.4 million worth of cryptocurrency … | Joe Rossignol / MacRumors: |
Apple delays the release of its digital ID feature in the Wallet app for iOS and watchOS until early 2022 — Apple recently updated its website to indicate that an upcoming iOS 15 and watchOS 8 feature that will let you add your driver's license or state ID to your iPhone and Apple Watch … | Vikas Sn / Moneycontrol: |
India-based Dream Sports, which runs online fantasy platform Dream11, raises $840M led by D1, Tiger Global, and others at an $8B valuation, up from $5B in March — Dream11 spent heavily on advertising and promotions during the fiscal, in a bid to capitalise on the surge in mobile gaming in the country
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This is a Techmeme archive page. It shows how the site appeared at 1:10 PM ET, November 24, 2021.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
| Rebecca Torrence / FierceHealthcare: |
| Casey Newton / Platformer: |
| Patrick Howell O'Neill / MIT Technology Review: |
| Larry Dignan / ZDNet: |
| Jennifer Elias / CNBC: |
| Emma Roth / The Verge: |
| Sarah Perez / TechCrunch: |
| David Thiel / @elegant_wallaby: |