Techmeme
December 1, 2021, 5:35 AM

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.
Kurt Wagner / Bloomberg:
David Marcus, the co-creator of Diem and head of Novi, will leave Meta at the end of the 2021; current Novi VP of Product Stephane Kasriel will lead Novi  —  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 …
Lauren Thomas / CNBC:
Adobe: US consumers spent $10.7B online on Cyber Monday, below expectations and down 1.4% from $10.8B in 2020, as many shoppers returned to physical stores  —  - Consumers logged online Monday and spent $10.7 billion, marking a 1.4% decrease from year-ago levels, according to data from Adobe Analytics.
Chaim Gartenberg / The Verge:
Qualcomm unveils Snapdragon 8 Gen 1, with improved camera and AI processing and up to 20% better performance and 30% better power efficiency over Snapdragon 888  —  Faster performance, better cameras, improved AI, and more  —  Qualcomm has a new flagship smartphone processor …
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.
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 …
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.
Jamie Feltham / UploadVR:
Oculus rolls out v35, adding a mixed reality camera feature that requires an iPhone XS or above, Messenger Calling in VR, a new cloud backup system, and more  —  An upcoming update to the Oculus Quest and Meta Quest 2 will add mixed reality capture via iPhone and calling via Messenger, Mark Zuckerberg confirmed.
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 …
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 …
Bloomberg:
Sources: Indian food delivery service Swiggy is raising $600M-$700M at a $10.5B valuation led by Invesco, up from $5.5B in April  —  Indian food delivery service Swiggy is raising $600 million to $700 million in a round led by Invesco that's due to close this month, according to people with knowledge of the matter.
Manish Singh / TechCrunch:
Simpl, a Bangalore-based buy now, pay later service, raises a $40M Series B led by Valar Ventures and IA Ventures, bringing its total funding to $83M  —  Bangalore-based fintech startup Simpl has raised $40 million as it looks to expand its online buy now, pay later service's offerings in the world's second largest market.
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Earlier Picks

Dan Goodin / Ars Technica:
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Michael del Castillo / Forbes:
Jon Porter / The Verge: