| 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.| 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 November — Malware creators have already started testing a proof-of-concept exploit targeting a new Microsoft Windows Installer zero-day publicly disclosed … | 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 … | 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.| 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.| 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.| 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.| 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 … | 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 … | 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| 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.| 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 … | 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.| 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
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| Casey Newton / Platformer: |
| The Verge: |
| Jordan Pearson / VICE: |
| Jennifer Elias / CNBC: |
| Emma Roth / The Verge: |
| Sarah Perez / TechCrunch: |
| David Thiel / @elegant_wallaby: |