Techmeme
December 2, 2021, 1:55 PM

Top News

Kate Rooney / CNBC:
Square is changing its name to Block, effective December 10, and renaming Square Crypto to Spiral, as its business shifts toward technologies like blockchain  —  - Payments giant Square will change its corporate name to Block, effective Dec. 10.  — The move comes as Square expands beyond …
Benjamin Mayo / 9to5Mac:
In a filing in the Epic lawsuit, Apple says it “could charge a commission” if developers use a competing payments platform, following a similar Google policy  —  Although the appeal of the Apple-Epic lawsuit is ongoing, Apple is currently subject to the judge's decision …
The Markup:
Bloomberg:
Sources: Apple, which cut its projected iPhone 13 production targets for 2021 by up to 10M units, tells suppliers that it may not make up the shortfall in 2022  —  Apple Inc., suffering from a global supply crunch, is now confronting a different problem: slowing demand.
Tim Copeland / The Block:
DeFi protocol BadgerDAO is investigating after security researchers say $120.3M was stolen from users via its compromised front end  —  Quick Take  — DeFi protocol BadgerDAO was exploited earlier today for $120 million.  — It appears that its front end was compromised and users were tricked into making unwanted transactions.
Sarah Perez / TechCrunch:
Apple announces the best apps and games of 2021, across iPhone, iPad, Mac, Apple TV, and Apple Watch, and the most downloaded apps of the year  —  Apple today released its anticipated annual list of the best apps and games of the year across iPhone, iPad, Mac, Apple TV and Apple Watch.
Tom Simonite / Wired:
AI researcher Timnit Gebru, who left Google last year, launches Distributed Artificial Intelligence Research, an institute focused on the responsible use of AI  —  The researcher, who says Google fired her a year ago, wants to ask questions about responsible use of artificial intelligence.
CNBC:
Meta expands the number of eligible regulatory licenses for running crypto ads on Facebook and Instagram from three to 27  —  - Facebook on Wednesday announced its decision to reverse long-standing policy that prevented most cryptocurrency companies from running ads on its services.
Elizabeth Dwoskin / Washington Post:
In its end-of-year threat report, Meta says it took down several global disinformation networks, including anti-vaccine groups and groups linked to state actors  —  The takedowns described in the company's latest threat report demonstrate how the cat-and-mouse game between Facebook and bad actors is escalating
Haje Jan Kamps / TechCrunch:
Qualcomm unveils Snapdragon G3x Gen 1 Gaming Platform for Android gaming devices, partners with Razer on a handheld dev kit with a 6.65" 120Hz OLED display  —  Snapdragon's G3x is Qualcomm's fantastically exciting bid to embrace the gaming market — a brand new reach for the manufacturer …
Sergiu Gatlan / BleepingComputer:
DOJ charges an ex-employee of IoT manufacturer Ubiquiti with data theft and for attempting to extort his employer while posing as a whistleblower and a hacker  —  Nickolas Sharp, a former employee of networking device maker Ubiquiti, was arrested and charged today with data theft and attempting …
Carly Page / TechCrunch:
Facebook makes 2FA mandatory for high-risk accounts, an expansion of Facebook Protect, which covers 1.5M accounts and will be in 50 countries by the end of 2021  —  Facebook, a recently added subsidiary of Meta, said it will make two-factor authentication (2FA) mandatory for high-risk accounts likely …
Reuters:
Grab begins trading on the Nasdaq after a record SPAC merger valuing it at $40B and raising $4.5B, the largest US listing by a Southeast Asian company  —  Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40 billion merger …
Michelle Singletary / Washington Post:
The CFPB's rule that lets debt collectors send texts, emails, and private social media messages to debtors, and requires opt-out instructions, goes into effect  —  Federal regulators have given debt collectors the okay to pursue debtors via email, text messages and social media sites
Olivia Solon / NBC News:
Meta partners with UK-based Revenge Porn Helpline to help people prevent intimate images from appearing online by uploading them to StopNCII.org  —  Facebook's parent company, Meta, has worked with the U.K.-based nonprofit Revenge Porn Helpline to build a tool that lets people prevent …
Washington Post:
Planned Parenthood Los Angeles says a hacker gained access to its network in October, compromising the information of ~400,000 patients including clinical data  —  A hacker gained access to the personal information of hundreds of thousands of Planned Parenthood patients in October …

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Turner Wright / Cointelegraph: