Techmeme
December 6, 2021, 8:55 AM

Top News

Mark Gurman / Bloomberg:
Many customers complain that T-Mobile and Verizon have failed to deliver promised rebates for promoted Apple products in a straightforward manner  —  Some customers are finding that wireless carriers are denying rebates used to promote Apple Inc.'s newest iPhones, iPads and watches.
Tim Copeland / The Block:
Crypto exchange BitMart says it was hacked, resulting in the loss of ~$150M in crypto after its Ethereum and Binance Smart Chain hot wallets were breached  —  Crypto exchange BitMart said late Saturday that it has suffered a hack, resulting in the loss of $150 million worth of crypto.
Reuters:
Alibaba says it will appoint a new CFO and reorganize its e-commerce businesses under two new divisions, one domestic and one international  —  Alibaba Group Holding Ltd (9988.HK) said Toby Xu, will succeed Maggie Wu as the company's chief financial officer from April, a move it described …
Ben Smith / New York Times:
A document from TikTok's engineering team in Beijing details the product's addictive algorithm, which optimizes for “retention” and “time spent”  —  It's the most successful video app in the world.  Our columnist has obtained an internal company document that offers …
Emma Roth / The Verge:
Google is investigating a report that a Pixel 5a, sent to an official repair center in Texas, was used to bypass 2FA on several of the owner's accounts  —  Google says it's investigating the latest report  —  After game designer and author Jane McGonigal sent her Pixel 5a in for repair at Google …
RT:
Apple sues Russia's Federal Antimonopoly Service challenging the order to let developers inform App Store users about alternative payment options  —  US technology giant Apple has brought legal action against Russia's Federal Antimonopoly Service (FAS) in an effort to challenge the request to …
Katie Schoolov / CNBC:
Amazon's shipping investments, like chartering cargo ships, making its own containers, and chartering long-haul planes, are helping it avoid supply chain chaos  —  How Amazon is beating supply chain chaos with its own containers, chartered...  For years, Amazon has been quietly chartering …
David Streitfeld / New York Times:
Some Amazon sellers are backdating books to fool Amazon's algorithms into changing where they appear, often allowing the sellers to charge exorbitant prices  —  A 2011 thriller was supposed to cost $15.  One merchant listed it at $987, with a 17th-century publication date.
Julian E. Barnes / New York Times:
The head of US Cyber Command says the US military has “taken actions” against ransomware groups, the first public acknowledgement of the offensive measures  —  Gen. Paul M. Nakasone, the head of Cyber Command, said a new cross-functional effort has been gathering intelligence …
Benedict Evans / Benedict Evans/Presentations:
Overview of macro tech trends, with a focus on Web3, metaverse, and the move to the cloud, which is just beginning as on-prem IT spend still dwarfs cloud spend  —  The most exciting themes in technology today are transformative visions for 2025 or 2030: crypto, web3, VR, metaverse... and then everything else.

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