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November 24, 2021, 7:50 PM
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memeorandum
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| 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.
More:
Washington Post, International Business Times, CNN, Forbes, Gizmodo, The Hill, CNET, Axios, Wall Street Journal, 9to5Mac, CNBC, TechCrunch, Engadget, and The Verge
Tweets: @mosseri, @slpng_giants, @thomaschattwill, @evelyndouek, @ceciliakang, @rmac18, @rmac18, @ceciliakang, and @jothamkitara
| Sergiu Gatlan / BleepingComputer: |
A Windows 10 and Windows 11 exploit allows an attacker with physical access to gain SYSTEM privileges, bypassing Microsoft's patch from earlier this month — Malware creators have already started testing a proof-of-concept exploit targeting a new Microsoft Windows Installer zero …
More:
Gizmodo, Cisco Talos Intelligence Group, Tom's Hardware, SlashGear, Tom's Guide, Threatpost, Pureinfotech, Digital Trends, TechSpot, PCMag, BetaNews, and MSPoweruser
Tweets: @gossithedog and @talossecurity
| Michael McSweeney / The Block: |
Coinbase acquires crypto wallet startup BRD and says BRD wallet users will have the option to migrate to the Coinbase wallet in 2022 — Crypto exchange Coinbase has acquired the crypto wallet startup BRD, according to a notice from its leadership team. — In a letter address …
More:
BRD, TechCrunch, CoinDesk, Cointelegraph, and CryptoPotato
Tweets: @coinbasewallet, @surojit, @cointelegraph, @spencerchen, @sid_coelho, and @brdhq
| 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 … | 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.
More:
KnowTechie, CNET, iThinkDifferent, TechCrunch, 9to5Mac, iPhone in Canada Blog, and iMore
Tweets: @twittersupport, @sub8u, and @jasonhirschhorn
| 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.
More:
PR Newswire, Reuters, FinSMEs, SiliconANGLE, and PYMNTS.com
| 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.
More:
Gizmodo, Macworld, The Verge, Digital Trends, MacRumors, MobileSyrup, 9to5Mac, Financial Times, PhoneArena, Redmond Pie, SiliconANGLE, CNET, Wccftech, MacDailyNews, Apple Must, SlashGear, Philip Elmer‑DeWitt, TechSpot, iPhone in Canada Blog, AppleInsider, Techaeris, Patently Apple, iClarified, GSMArena.com, iMore, Financial Times, Appleosophy, iThinkDifferent, iPhone Hacks, and KrASIA
Tweets: @tariqkrim and @lanceulanoff
| CoinDesk: |
The Indian government pushes a bill for Parliament's winter session that would ban most cryptocurrencies and form a framework for creating 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.
More:
BBC, euronews, News18, Moneycontrol, Blockworks, Decrypt, PYMNTS.com, Bloomberg, Cryptonews, Candid.Technology, MediaNama, TNW, Reuters, Bloomberg, TechRadar, Hindustan Times, The Block, Finextra, analyticsinsight.net, CryptoPotato, DealStreetAsia, Tech in Asia, and The Block
Tweets: @nischalshetty, @nischalshetty, @arpiit, @nbalajiv, @monikahalan, @billbarhydt, @gautamchhugani, @cryptooindia, and @coindesk
| 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 … Thanks:@keithswiader
| Hans Nichols / Axios: |
Sources: five Democratic senators voice their opposition to crypto critic Saule Omarova, Biden's pick to lead the OCC, effectively killing her nomination — Five Democratic senators have told the White House they won't support Saule Omarova to head the Office of the Comptroller of the Currency …
Tweets: @davidgura and @kerpen
| Sam Reynolds / Blockworks: |
Banking Committee chair Sen. Sherrod Brown probes Coinbase, Binance.US, Tether, and others over stablecoin consumer risks, and seeks a response by December 3 — - The Senate Banking Committee has sent letters to Coinbase, Gemini, Circle, Paxos, TrustToken, Centre, and Binance US to inquire about consumer protections and stablecoins| Financial Times: |
Refinitiv: Southeast Asian fintech companies have raised ~$3B across 80 deals so far in 2021, more than in 2020 and 2019 combined — Consumers turn to mobile banking and ecommerce during pandemic, fuelling investor interest — Investors have pumped record amounts into south-east Asian …
Tweets: @johnreedwrites
| Wall Street Journal: |
Verizon and AT&T offer to reduce the power coming from 5G towers for six months as the FAA examines possible aircraft interference — Wireless operators said they will limit the strength of service while regulators review the impact on planes and helicopters
More:
CNET, Engadget, Bloomberg, PhoneArena, Light Reading, Android Central, The Verge, Digital Trends, and Reuters
| Nikkei Asia: |
Japan's top banks and 70 other companies prepare to trial a new digital currency in H2 2022, backed by bank deposits and for large business transactions — 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.
More:
Reuters and Cointelegraph
| Demetri Sevastopulo / Financial Times: |
The US places a dozen Chinese groups developing quantum computing, semiconductor, and aerospace technologies on an entity list, blocking exports to them — Move reflects mounting concern Beijing could acquire encryption-busting technologies from US groups — The US has placed …
More:
South China Morning Post, U.S. Department of Commerce, CNBC, Engadget, Reuters, and CNET
Tweets: @aadilbrar and @martijnrasser
| 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.
More:
Apple Support, Apple, 9to5Mac, TechCrunch, Protocol, Bloomberg, CNET, Big Technology, MacRumors, Wall Street Journal, BBC, Washington Post, CyberScoop, Engadget, KnowTechie, Threatpost, TidBITS, iPhone in Canada Blog, MobileSyrup, PCMag, Washington Post, Telecoms.com, The Verge, The Register, MediaNama, ComputerWeekly.com, OSnews, TechRadar, infosecurity-magazine.com, Gizchina, Input, Beyond Search, iMore, ZDNet, schneier.com, The Overspill, The Hacker News, TechCircle, International Business Times, iPhone Hacks, PhoneArena, SiliconANGLE, Reuters, Daring Fireball, The Register, The Times of Israel, Voice of America, The Information, The Guardian, Gizmodo, CNN, 9to5Mac, Access Now, Pixel Envy, Dark Reading, PYMNTS.com, CRN, Philip Elmer‑DeWitt, Patently Apple, NBC News, Macworld, City A.M., Benzinga, BGR, WRAL TechWire, SlashGear, iThinkDifferent, iTnews, and PCMag
Tweets: @jsrailton, @jsrailton, @howelloneill, @juanandres_gs, @nelsonmrosario, @wcathcart, @jsrailton, @blakereid, @jsrailton, @orinkerr, @camillefrancois, @queennoor, @nytimesbusiness, @fordfoundation, @runasand, @nicoleperlroth, @stroughtonsmith, @jsrailton, @laughing_mantis, @blakereid, @blakereid, @blakereid, @riana_crypto, @riana_crypto, @swiftonsecurity, @jsrailton, @rondeibert, @bing_chris, @jsrailton, @taviso, @riana_crypto, @matthew_d_green, @matthew_d_green, @dennisf, @riana_crypto, @howelloneill, @vickerysec, @malwarejake, @martin_u, @howelloneill, @shahed, @agvaryahu, @kenroth, @howelloneill, @epro, @jsrailton, @campuscodi, @snowden, @rasha_abdul, @kimzetter, @nicoleperlroth, @carolecadwalla, @stshank, @matthew_d_green, @nicoleperlroth, @arvindgunasekar, @backlon, @marwasf, @claritytoast, @baddcompani, @stevekovach, @stevekovach, @caseynewton, @nicoleperlroth, @nicoleperlroth, @awinston, @nicoleperlroth, @deitaone, and @deitaone
| James Marson / Wall Street Journal: |
How Belgian police infiltrated messaging service Sky ECC in February and March, gathering 1 billion messages that yielded arrests and drug seizures — Criminals thought encrypted Sky ECC cellphones were impregnable, but cops tapped a billion messages, yielding arrests and drug seizures
Tweets: @drewharwell, @marson_jr, @kimzetter, @keegan_hamilton, and @shelbyholliday
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