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November 29, 2021, 6:15 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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| Kyle Wiggers / VentureBeat: |
Amazon launches AWS IoT RoboRunner to simplify building management apps for robot fleets and AWS Robotics Startup Accelerator for AWS credits and expert advice — At a keynote during its Amazon Web Services (AWS) re:Invent 2021 conference today, Amazon launched AWS IoT RoboRunner … | 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.
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New York Times, ico.org.uk, BuzzFeed News, ComputerWeekly.com, and Bloomberg
Tweets: @iconews, @rmac18, @rmac18, @rmac18, @zackwhittaker, and @vmanancourt
| 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 …
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Thought Machine, altfi.com, CNBC, Crowdfund Insider, Silicon Canals, Coinspeaker, FinSMEs, PYMNTS.com, and Tech.eu. Tweets: @disruptionbank
| 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 …
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BBC, PCMag, IPVM, Slashdot, and Candid.Technology
Tweets: @peterzeihan, @dsorennie, @jorge_guajardo, @alex, @jamesclayton5, @sheenagreitens, @baldingsworld, @charlesrollet1, @reuters, @sheenagreitens, @sheenagreitens, @ehundman, @james_t_quinn, @baldingsworld, @chinalawtransl8, @alfonslopeztena, @zeyiyang, @m_johnston1, @jamesclayton5, @reuters, @sheenagreitens, @williamnee, and @petesweeneypro
| 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 … | Annie Palmer / CNBC: |
The Retail, Wholesale and Department Store Union says the NLRB has authorized a new election for Amazon warehouse workers in Alabama — - The National Labor Relations Board has authorized a new union election at one of Amazon's Alabama warehouses, the labor union behind the effort said Monday.
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Protocol, Washington Post, Gizmodo, Bloomberg, The Verge, Associated Press, Mashable, The Hill, New York Post, and New York Times
| Wall Street Journal: |
Analysis: Amazon has built more than 450 warehouses in the US since the end of 2019, doubling its fulfillment capacity in the country to over 930 facilities — Online retail giant has nearly doubled its fulfillment capacity since the start of the Covid-19 pandemic
Tweets: @margotroosevelt
| Miriam Gottfried / Wall Street Journal: |
Clearlake Capital to buy Quest Software, which makes tools for IT departments, from Francisco Partners, sources say for $5.4B including debt — Deal values former Dell unit at $5.4 billion, including debt, sources say — Clearlake Capital Group LP has struck a deal to buy Quest Software Inc … | James Rundle / Wall Street Journal: |
Intel is stockpiling ~3,000 pieces of its hardware and software going back a decade in Costa Rica for security research, with plans to expand to ~6,000 in 2022 — Chip maker is stockpiling legacy technology for security research, plans to expand facility to house 6,000 pieces of equipment| Mike Butcher / TechCrunch: |
Chegg acquires Busuu, an online language learning startup with 120M+ users across 160+ countries, for €385 million — Chegg, the NYSE listed student media learning platform is acquiring Busuu, the online language learning startup established in Europe in 2008, for approximately $436 million … Sponsor Posts
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