Techmeme
November 26, 2021, 10:05 AM

Top News

Eric Slivka / MacRumors:
Kuo: Apple AR headset to launch in late 2022 with an M1-like chip and no tethering to a Mac or an iPhone; Apple wants to replace the iPhone with AR in 10 years  —  Apple's long-rumored augmented reality (AR) headset project is set to bear its first fruit late next year with the launch …
Bloomberg:
Sources: Chinese regulators asked Didi Global's management to devise a plan for delisting from the NYSE over concerns about leaking sensitive data  —  - Regulators asked Didi brass to devise a plan to go private  — Forced delisting will be severest action against China Tech
Natasha Lomas / TechCrunch:
Google agrees that its Privacy Sandbox APIs will be “designed, developed, and implemented with regulatory oversight and input” from UK's CMA and ICO  —  As part of an ongoing antitrust investigation into Google's Privacy Sandbox by the UK's competition regulator …
Nicole Carpenter / Polygon:
Ryan Browne / CNBC:
Klarna posts a pre-tax loss of $344M from January to September, up 4x YoY, and says it's entered nine markets since the start of 2020 and now has 90M+ customers  —  - Klarna posted a pre-tax loss of 3.1 billion Swedish krona ($344 million) from January to September, a fourfold increase from the same period a year ago.
More: TechCrunchTweets: @sam_l_shead
Brenda Goh / Reuters:
Meituan reports fourth consecutive quarterly loss of $1.57B in Q3 on revenue of $7.6B; its core food delivery business posted revenue of $4.14B, up 28%  —  Chinese food delivery giant Meituan (3690.HK) reported a fourth consecutive quarterly loss on Friday, as it plowed more investment into expanding its various businesses.
Paul Stamatiou:
A look at some key design challenges in crypto and Web3, from onboarding to wallet security, that need to be addressed for the next generation of users  —  It's still early days in crypto.  —  That's what you'll hear everywhere when you start digging into crypto and web3 today.
Sam Schechner / Wall Street Journal:
EU proposes broad disclosures about political ads and banning targeting based on sensitive data, but not microtargeting, and fines of up to 5% of global revenue  —  Proposed measure would ban targeting political ads based on categories such as religious views, sexual orientation
Olatunji Olaigbe / The Record:
How one Nigerian university student turned to cybercrime during the pandemic to pay his bills, driven by high unemployment, few well-paying jobs, and boredom  —  ILORIN, Nigeria—Around November 2020, Kayode said he was invited to a house party—the kind attended mostly by others involved in the country's illicit digital economy.
Meir Orbach / CTech:
Israel reduces the countries approved for export of cyber tools from 102 to 37, most of which are in the West, after the US sanctioned NSO Group and Candiru  —  The Ministry of Defense has reduced the number of countries approved for export of cyber tools by Israeli companies from 102 to 37

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