| 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: |
Investigation finds US predictive policing tool PredPol, used countrywide, often perpetuates biases by directing police to poor, Black, and Latino neighborhoods — Plainfield, N.J.| 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| 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 … | Ian Allison / CoinDesk: |
Sources: Goldman Sachs is among a handful of tier-one US banks working on ways to use bitcoin as collateral for cash loans to institutions — Goldman Sachs is among a handful of tier-one U.S. banks figuring out how to use bitcoin as collateral for cash loans to institutions, according to three people familiar with the plans.| 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.| David Z. Morris / CoinDesk: |
Square's Block rebranding comes after years of making crypto integrations mainstream, although Block has downplayed the crypto elements so far — As we wrap up a year jam-packed with high-profile adoptions of crypto by big players, yesterday may have given us the concluding exclamation mark.| Kate Rooney / CNBC: |
| Berber Jin / The Information: |
Crunchbase: investments in crypto-based gaming and commerce startups increased 26x YoY, totaling $3.7B so far in 2021 — Venture capitalists investing in consumer startups are writing more checks for crypto companies than ever before. The deals underscore how blockchain technology … | 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 … | 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.| 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.| 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 … | 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.| Suzanne Vranica / Wall Street Journal: |
Marketers are reacting to privacy laws and Big Tech policy changes with quizzes and other events to collect their own customer info and build detailed profiles — Marketers are staging sweepstakes, quizzes and events to gather people's personal information and build detailed profiles| Mehnaz Yasmin / Reuters: |
| 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 … | 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 … | 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.| Berber Jin / The Information: |
Sources: Instacart is planning to launch a 15-minute-or-less grocery delivery pilot for US customers, from existing partner stores — For Instacart, the leading U.S. grocery delivery company, being fast may not be fast enough. — The $39 billion-valuation startup is planning to launch … | Mia Sato / The Verge: |
Five major education publishers sue Shopify for $500M+ over failing to remove pirated textbooks and other content that violate their trademarks and copyrights — Textbook pirates are selling stolen learning materials on the platform, according to a lawsuit| Sarah Perez / TechCrunch: |
Meta's NPE team recently set up an office in Lagos and plans another in Asia as it changes strategy to include making seed investments in small teams — Meta's (formerly, Facebook's) experimental app division, the NPE team, is shifting gears. The group, which first launched in mid-2019 … | Christine Hall / TechCrunch: |
Jokr, a rapid grocery delivery service in the US and Latin America, raises a $260M Series B at a $1.2B valuation, five months after raising a $170M Series A — Online grocery sales are in single digits right now, but new data suggests it will top 20% by 2026 due to more consumers getting comfortable buying … | 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 …
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