Techmeme
November 29, 2021, 9:15 AM

Top News

Financial Times:
Sources: UK's CMA is expected to block Meta's proposed acquisition of Giphy in the coming days  —  Move would be the first time the competition watchdog has reversed a Big Tech acquisition  —  The UK competition regulator is expected to block Meta's acquisition of online gif platform Giphy …
Christopher Mims / Wall Street Journal:
How “neo-conglomerates” like Apple, Amazon, Alphabet, Microsoft, and Meta replaced and outgrew industrial conglomerates like GE, Toshiba, and Johnson & Johnson  —  As General Electric and other old-school behemoths break up, Amazon, Apple, Alphabet, Microsoft and Meta are taking …
Chance Miller / 9to5Mac:
Gurman: Apple is still working on a multi-device charger, other short and long-distance wireless chargers, and reverse wireless charging for its devices  —  Despite its failed AirPower experiment a few years ago, Apple is reportedly still working on a multi-device charger for its products.
Tom Lowrey / ABC:
Australian PM Scott Morrison proposes new defamation legislation mandating social media companies reveal the identities of anonymous online trolls or face fines  —  Social media companies could be forced to reveal the identities of anonymous users in an effort to crack down on online trolling …
Warren P. Strobel / Wall Street Journal:
A look at the challenges spies face with biometrics, smartphones, and surveillance cameras, and how AI sifting through data changes espionage  —  U.S., rivals seek ways to adapt spycraft to a changing world; being on the grid can blow your cover, but so can staying off
Natasha Lomas / TechCrunch:
Thought Machine, which helps banks launch cloud-based services, raises a $200M Series C led by Nyca Partners at a $1B+ valuation  —  Thought Machine, a 2014 (Xoogler) founded startup that sells cloud-based b2b banking services, has closed a $200 million Series C round and announced …
Manish Singh / TechCrunch:
Bangalore-based Slice, which offers credit cards used by 5M+ to pay bills interest-free over three months, raises $220M Series B led by Tiger and Insight  —  Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread earlier this year and wondered aloud what he needs to do to turn …
Steven J. Vaughan-Nichols / ZDNet:
Nextcloud and ~30 other EU companies file an antitrust complaint with the European Commission against Microsoft for bundling OneDrive and Teams with Windows  —  Nextcloud and almost 30 other European companies have filed a complaint about Microsoft's anti-competitive behavior with its OneDrive cloud storage offering.
Les Pounder / Tom's Hardware:
Report: Raspberry Pi Trading hired investment banks Stifel and Liberum to advise on a London IPO planned for this spring that would value it at ~$500M  —  The listing could see Raspberry Pi valued at $500m  —  According to a report in The Telegraph, Raspberry Pi Trading …
New York Times:
Recent cyberattacks on Iran's fuel distribution system and an Israeli LGBTQ dating site show that Iran-Israel cyberwar is impacting civilians on a large scale  —  Iranians couldn't buy gas.  Israelis found their intimate dating details posted online.  The Iran-Israel shadow war is now hitting ordinary citizens.
Kyle Alspach / VentureBeat:
Armis, which provides enterprise IT and IoT security tools, raises $300M at a $3.4B post-money valuation, up from $2B in February 2021  —  Armis, which provides a visibility and security platform for all assets within an enterprise including IT and IoT, announced it has raised $300 million …

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Reuters: