Techmeme
November 30, 2021, 8:15 AM

Top News

New York Times:
Profile of Twitter's new CEO Parag Agrawal, little known to the public and a Jack Dorsey confidant who has been involved in many big strategic initiatives  —  A longtime Twitter insider and a confidant of co-founder Jack Dorsey, Mr. Agrawal takes over as the social media company confronts various challenges.
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.
More: PR Newswire, CNET, New York Times, Benzinga, Engadget, Bloomberg, Wall Street Journal, Axios, CNN, The Economic Times, Reuters, PR Newswire, BuzzFeed News, Livemint, Bloomberg, ExchangeWire.com, The Verge, BBC, Coinspeaker, American Banker, BGR India, fossbytes.com, CoinGeek, TechCabal, BBC, HuffPost, National Review, Variety, Bankless Times, CNBC, TechCrunch, MediaNama, 9to5Mac, Forbes, Vox, The Verge, CryptoSlate, Decrypt, Gizmodo, Protocol, Silicon Canals, Inc42 Media, PYMNTS.com, Android Headlines, The Economic Times, Financial Times, Fortune, International Business Times, Social Media Today, Crypto Briefing, Observer, Bitcoinist.com, Cryptonews, Insider, BGR, Slashdot, iPhone in Canada Blog, Axios, The Register, NPR, thegamer.com, Wccftech, Blockworks, WinBuzzer, The Week, TechCircle, Axios, Financial Times, NBC News, Forkast, NBC Bay Area, Gizmodo, iMore, Engadget, Input, TechCrunch, CoinDesk, VICE, The Guardian, MacDailyNews, Protocol, Bloomberg, Insider, and XDA Developers
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Casey Newton / The Verge:
Possible reasons Dorsey stepped down, including activist investors and disinterest in the role, and what to expect from Parag Agarwal, who has focused on crypto  —  Theories on why now, and what to expect from Parag Agrawal's Twitter  —  This story is part of a group of stories called
Jon Porter / The Verge:
UK's CMA says Meta must sell Giphy, after finding the deal could harm social media users, rival platforms by denying access to GIFs, and UK advertisers  —  After its investigation found it could harm competition  —  The UK's competition regulator has officially ruled that Facebook parent …
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.
Kyle Wiggers / VentureBeat:
Amazon debuts AWS IoT RoboRunner to simplify building apps for managing robot fleets and AWS Robotics Startup Accelerator to offer AWS credits and expert advice  —  At a keynote during its Amazon Web Services (AWS) re:Invent 2021 conference today, Amazon launched AWS IoT RoboRunner …
Finextra:
London-based Plum, a money management app, raises a $24M Series A from dmg ventures and others, bringing its total funding to $43M  —  Plum, Europe's ultimate money management app, has successfully raised a total of $24 million from a Series A funding round that will help propel …
Jiyoung Sohn / Wall Street Journal:
South Korean company Naver, which runs the popular Zepeto metaverse platform for 3D avatars, raises a $150M Series B at a $1B valuation from Vision Fund 2  —  Naver's Zepeto, boasting a base of young female users, attracts $150 million SoftBank investment, valuing it at more than $1 billion
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