Techmeme
November 30, 2021, 5:50 AM

Top News

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, New York Times, Wall Street Journal, Axios, The Economic Times, CNN, Livemint, Reuters, BuzzFeed News, CNET, Bloomberg, The Verge, BBC, TechCabal, CoinGeek, PR Newswire, HuffPost, Variety, National Review, MediaNama, CNBC, American Banker, BGR India, fossbytes.com, Bankless Times, 9to5Mac, TechCrunch, The Verge, BBC, Forbes, Protocol, Vox, CryptoSlate, Decrypt, Gizmodo, Inc42 Media, PYMNTS.com, The Economic Times, Financial Times, Fortune, Social Media Today, International Business Times, Crypto Briefing, Silicon Canals, Bitcoinist.com, Cryptonews, Observer, Insider, BGR, iPhone in Canada Blog, Slashdot, Axios, NPR, thegamer.com, Blockworks, WinBuzzer, Wccftech, The Register, Axios, Financial Times, TechCircle, NBC News, Forkast, NBC Bay Area, Gizmodo, Engadget, Input, iMore, TechCrunch, CoinDesk, MacDailyNews, The Guardian, VICE, Protocol, Bloomberg, Insider, The Irish Times, XDA Developers, The Week, Fast Company, HotHardware.com News, Android Central, and Cointelegraph
Tweets: @jack, @paraga, @jack, @patrickc, @elonmusk, @sundarpichai, @kfile, @alexeheath, @alexeheath, @caseynewton, @sam_l_shead, @donie, @techemails, @alexeheath, @ritholtz, @stejormur, @kantrowitz, @gautam_adani, @dril, @parkermolloy, @thedailyshow, @pierce, @panzer, @danprimack, @alexisohanian, @danprimack, @matt_levine, @kurtwagner8, @carnage4life, @laurengoode, @maxkennerly, @mattocko, @44, @zei_squirrel, @pt, @btaylor, @panzer, @rmac18, @rmac18, @malemayehou, @chandrarsrikant, @byyourlogic, @kellymakena, @tomgara, @kateconger, @mmasnick, @suhelseth, @danprimack, @carnage4life, @panzer, @levie, @ilanmuskat, @sidin, @sahilriz, @seldo, @balajis, @pkafka, @mathewi, @smalter, @cz_binance, @stshank, @krangtnelson, @ggreenwald, @neerajka, @milessuter, @epro, @varunkrish, @nisharotech, @kellymakena, @caseynewton, @jaboukie, @ericnewcomer, @marklittlenews, @shreyaghoshal, @caseynewton, @sherman4949, @rmac18, @pt, @micsolana, @llsethj, @sriramk, @pranavdixit, @levie, @sirsteven, @sherman4949, @rmac18, @ceciliakang, @mgsiegler, @techledes, @nedsegal, @felixsalmon, @strngwys, @markmilian, @ishanagarwal24, @joshelman, @strngwys, @johnbiggs, @janewakefield, @b_fung, @kt_so_it_goes, @tomwarren, @charlesarthur, @jamesliamcook, @jimwaterson, @pinboard, @sonalibasak, @iansherr, @stevekovach, @mims, @jamestitcomb, @sherman4949, @phil_lewis_, @can, @rachelking, @sarafischer, @sherman4949, @danprimack, @sam_l_shead, @ceciliakang, @ldrogen, @nic__carter, @trungtphan, @thestalwart, @pinboard, @kantrowitz, @lanceulanoff, @carnage4life, @sarafischer, @packym, @davidzmorris, @seldo, @jamesrbuk, @zr1trader, @sam_l_shead, @triketora, @ivanthek, @yoda, @thestalwart, @ryan_browne_, and @jyarow
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.
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 …
Kyle Wiggers / VentureBeat:
Stockholm-based Quinyx, which helps companies schedule gig work, raises $50M Series C led by Battery Ventures at $550M valuation, bringing its funding to $89M+  —  Quinyx, a platform for gig work scheduling and time reporting, today announced that it raised $50 million in funding led by Battery Ventures at a $550 million valuation.
More: FinSMEs and Tech.eu
Siddharth Venkataramakrishnan / Financial Times:
Wise reports H1 2021 revenue rose 33% YoY to £256.3M as pre-tax profits dropped to £18.8M from £20M in H1 2020; headcount grew 32% YoY to 2,883  —  Currency exchange fintech listed in London in July with a valuation close to £9bn  —  Profits at currency exchange …
More: Reuters
Catherine Shu / TechCrunch:
Singapore-based YouTrip, which helps make multi-currency transactions more efficient, raises a $30M Series A led by anonymous prominent Asian family offices  —  Singapore-based YouTrip, an online bank that focuses on making multi-currency transactions less costly and more efficient …

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