Techmeme
December 2, 2021, 10:25 PM

Top News

Wall Street Journal:
The FTC sues to block Nvidia's acquisition of Arm, arguing the chip deal is anticompetitive; the $40B deal has risen to ~$75B due to Nvidia's share price  —  The agency alleges the semiconductor deal is anticompetitive  —  WASHINGTON—The Federal Trade Commission on Thursday sued …
The Verge:
Report: Google's Pixel hardware group is working on the company's first smartwatch, internally codenamed “Rohan”, which it plans to launch next year  —  A Pixel Watch is finally in the works  —  Google is finally making its own in-house smartwatch that's set to launch in 2022 …
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:
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.
Zoe Schiffer / The Verge:
Interviews with 16 current and former Apple retail, support, and sales employees detail harsh working conditions, poor pay, and little interest from HR  —  The company's hourly workers say conditions are untenable.  Does Apple care?  —  Illustrations by Jesse Zhang
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.
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 …
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 …
Reuters:
Didi Global says it will begin the process of delisting from the NYSE and listing on the Hong Kong stock exchange  —  Chinese ride-hailing giant Didi Global (DIDI.N) said on Friday it will start work on delisting from the New York stock exchange and begin pursuing a listing in Hong Kong after obtaining the approval of its board.
Hristina Yordanova / DappRadar:
The four leading virtual worlds recorded over $100M in NFT land sales in the past week, with The Sandbox alone seeing trading volumes of over $86M  —  The Sandbox alone attracted more than $86 million in land sales  —  Metaverse land is the new big hit in the crypto community …
Tina Bellon / Reuters:
Uber says it is launching an optional audio recording pilot program to enhance safety in three US cities this month, following a Latin America rollout in 2019  —  Uber Technologies Inc (UBER.N) on Thursday said it will launch an optional audio recording pilot program in three U.S. cities to enhance safety …
More: PCMag and Engadget
New York Times:
A look at the Xbox Series X and PS5 markets, as holiday shoppers navigate a world of “purchase bot” resellers, retail memberships, and social media tips  —  New gaming consoles remain in short supply this holiday season, spawning cottage industries of tipsters and scalpers making money off their scarcity.
Frederic Lardinois / TechCrunch:
AWS announces Amplify Studio, a Figma-connected low-code service to help developers build cloud apps, as an extension of its AWS Amplify service  —  At its re:Invent conference, AWS today announced Amplify Studio, a new Figma-connected no-code/low-code service that is meant to help developers quickly build cloud-connected apps.
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.
Lukas I. Alpert / MarketWatch:
US prosecutors charge two men with running a music royalty scam, collecting $20M+ from YouTube, by falsely claiming rights to 50,000 Spanish language songs  —  Prosecutors say the men claimed rights to 50,000 Spanish-language songs they didn't own, using the royalty money to buy mansions, fancy cars and jewelry.
Olivia Solon / NBC News:
Meta partners with UK nonprofit Revenge Porn Helpline to let victims get their intimate images “hashed” and prevent them from appearing on online platforms  —  Facebook's parent company, Meta, has worked with the U.K.-based nonprofit Revenge Porn Helpline to build a tool …
Reuters:
Grab closes down 20.53% in its Nasdaq debut, after a 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 …

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Sergiu Gatlan / BleepingComputer:
Bloomberg: