Techmeme
November 30, 2021, 7:10 PM

Top News

Kris Holt / Engadget:
Twitter bans sharing private images and videos without consent, with exceptions for newsworthiness and public figures, and will remove content that users report  —  Twitter has expanded its private information policy to include media, banning users from sharing photos or videos of a private individual without their permission.
Frederic Lardinois / TechCrunch:
AWS launches its ARM-based Graviton 3 processor, claiming it will be 25% faster than Graviton 2 and three times faster for ML workloads  —  At its annual re:Invent conference, AWS today announced the newest generation of its Arm-based Graviton processors: the Graviton 3.
Aisha Malik / TechCrunch:
Kurt Wagner / Bloomberg:
David Marcus, the co-creator of Diem who spent the last few years building the Novi wallet, is leaving Meta at the end of 2021 to pursue other projects  —  Marcus, who joined the tech giant in 2014, has struggled to get the Diem currency off the ground  —  David Marcus, one of the top executives …
Jon Porter / The Verge:
UK's CMA orders Meta to sell Giphy, after finding the deal could harm rival platforms by denying access to GIFs, social media users, and UK advertisers  —  After its investigation found it could harm competition  —  The UK's competition regulator has officially ruled that Facebook parent …
Jordan Novet / CNBC:
Salesforce promotes Bret Taylor to Vice Chair of the Board and co-CEO alongside Marc Benioff, effective immediately  —  - Bret Taylor will be co-CEO alongside Marc Benioff, who built Salesforce into one of the world's largest enterprise software companies.  — Taylor was quickly promoted …
Charity L. Scott / Wall Street Journal:
Adobe: US consumers spent $7.1B online by 9PM ET on Cyber Monday, below expectations and down from $10.8B in 2020, as many shoppers returned to physical stores  —  Online retailers offered fewer discounts because of limited inventory, while more shoppers returned to stores
Ben Thompson / Stratechery:
Twitter should consider changing its business model as its ad revenue remains weak, despite its locked-in userbase, indispensability, and impenetrable moat  —  From CNBC: … On one hand, congratulations to Twitter for its first non-messy CEO transition in its history; on the other hand …
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.
Casey Newton / The Verge:
Chaim Gartenberg / The Verge:
Qualcomm unveils Snapdragon 8 Gen 1, with improved camera and AI processing and up to 20% more performance and 30% more power efficiency over the Snapdragon 888  —  Faster performance, better cameras, improved AI, and more  —  Qualcomm has a new flagship smartphone processor …
Lee Mathews / Liliputing:
The Amazon Appstore and apps downloaded from it are broken on Android 12, despite the new OS version launching over a month ago  —  As much as we'd like it to be, Installing a major operating system update isn't always the most trouble-free process.  Even if everything does go well with the update itself …
Todd Bishop / GeekWire:
SEC filing: Satya Nadella last week sold half his Microsoft stock, worth over $285M, before Washington state implements its new capital gains tax on January 1  —  Microsoft CEO Satya Nadella sold half of his stake in the company in a series of transactions last week, divesting about 840,000 shares …
Michael del Castillo / Forbes:
Privacy-focused cryptocurrency startup Iron Fish, which launched its IRON coin in April 2021, raises a $27.6M Series A led by a16z  —  Elena Nadolinski grew up in Volgograd, Russia playing on the shells of abandoned tanks and decommissioned battleships, following the collapse of the Soviet Union.
Jonathan Greig / ZDNet:
Box reports Q3 revenue of $224M, up 14% YoY, vs. $218.6M est., and billings of $231.5M, up 25% YoY, and a net retention rate of 109%, up from 103% YoY  —  The cloud content management firm's net retention rate came to 109%, up from 106% in Q2.  —  Cloud content management firm Box published …
Jay Peters / The Verge:
Twitch unveils Suspicious User Detection, a tool for streamers and moderators that uses ML to detect users attempting to evade bans  —  Suspicious User Detection will be turned on by default  —  Twitch is furthering its efforts to reduce harassment with a new tool that uses machine learning …
More: Engadget and TechCrunch

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Natasha Lomas / TechCrunch: