Techmeme
November 24, 2021, 2:00 PM

Top News

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:
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 …
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
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.
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