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November 29, 2021, 6:10 PM
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Jessica Bursztynsky / CNBC:
Twitter CEO Jack Dorsey resigns, CTO Parag Agrawal takes over effective immediately; Dorsey to quit the board in 2022, Salesforce's Bret Taylor to become chair  —  Twitter CEO Jack Dorsey is stepping down as chief of the social media company, effective immediately.
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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 …
Natasha Lomas / TechCrunch:
Citing “alleged serious breaches” of data protection laws, UK's ICO notifies Clearview AI of its provisional intention to fine the company £17M+  —  Controversial facial recognition company Clearview AI is facing a potential fine in the UK.
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 …
Reuters:
Documents: China's Henan province commissions a 3,000-camera surveillance system to track journalists, international students, and other “suspicious people”  —  Security officials in one of China's largest provinces have commissioned a surveillance system they say they want to use …
Tom Lowrey / ABC:
Australia PM Scott Morrison proposes defamation legislation that would mandate social media companies reveal the identities of anonymous 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 …

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This is a Techmeme archive page. It shows how the site appeared at 6:10 PM ET, November 29, 2021.

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From Mediagazer

Gene Maddaus / Variety:
In a Truth Social post, Trump endorses a US tax incentive for film and TV production; the MPA has worked with Jon Voight to push for a 20% credit on labor costs

Suhauna Hussain / Los Angeles Times:
California lawmakers approved a bill to create tax credits for local news organizations based on journalist headcount, sending it to Gov. Gavin Newsom's desk

Kari McMahon / A Media Operator:
How publishers like Vox and Hearst are using AI “seller agents” to respond to RFPs and more, with help from adtech companies like Boostr and Raptive

More News

Earlier Picks

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
Manish Singh / TechCrunch:
Bangalore-based Slice, which lets its 5M+ credit card users pay bills in instalments, raises $220M Series B led by Tiger and Insight at a $1B+ valuation
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
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
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