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December 6, 2021, 10:10 AM
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| 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.
More:
XDA Developers, Forbes, Macworld, TechRadar, MacRumors, MacRumors, iThinkDifferent, KnowTechie, 9to5Mac, BGR, MacRumors, iMore, iPhone in Canada Blog, AppleTrack, MacRumors, Gizchina, Mashable, iPhone Hacks, iThinkDifferent, Wccftech, Benzinga, Philip Elmer‑DeWitt, 9to5Mac, and AppleInsider
Tweets: @lukemiani, @VadimYuryev, @robz2687, @harrymccracken, @markgurman, and @scobleizer
| 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 …
Tweets: @mims, @mims, @acerbialberto, @akcronin, @jerrydunleavy, @gwbstr, and @jimbethell
| Emma Roth / The Verge: |
Verizon, AT&T, and T-Mobile all have programs that collect additional data, like app usage and web history, on their customers, and they are generally opt-out — Verizon says it's to better “understand your interests” — The My Verizon app might be collecting information about your browsing history … | Bloomberg: |
Investigation: Swiss company Mitto, which offers automated text messages to companies in 100+ countries, helped governments secretly surveil mobile phone users — Mitto AG's network used to track people via mobile phones, former employees say. — The co-founder of a company that has been trusted …
More:
The Bureau of Investigative …. Tweets: @tbij, @kevinwhitelaw1, @marietjeschaake, @kimzetter, @kimzetter, @hatr, @rj_gallagher, and @moltke
| 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 …
More:
Washington Post, CyberScoop, CNN, CNET, TechRadar, Bagheera's Newsletter, and Slashdot
Tweets: @imposecost, @zcohencnn, @diakopter, @jeffstone500, and @julianbarnes
| Benedict Evans: |
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.| Alistair Gray / Financial Times: |
GroupM: global ad revenue will reach $763B in 2021, up 18.7% from 2019; Alphabet, Meta, and Amazon control 80-90% of the digital ad market outside China — Alphabet, Meta and Amazon have doubled their share of ad revenues in past 5 years, industry estimates| 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.
More:
Insider. Tweets: @nytimesbusiness, @juokaz, @harrymccracken, @angieholan, @stacyfmitchell, and @runwithskizzers
| Catherine Shu / TechCrunch: |
Nearside, an online bank for SMBs, raises a $58M Series B led by Valar Ventures, after raising a $20M Series A in April 2021 — Nearside, the online bank for SMBs formerly called Hatch, announced today it has raised a $58 million Series B, just seven months after announcing its Series … | Anita Ramaswamy / TechCrunch: |
Stacked, which provides investment tools for retail crypto investors, raises a $35M Series A co-led by Alameda Research and Mirana Ventures — Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised …
More:
Blockworks, CoinDesk, The Block, Coinspeaker, Cointelegraph, and Bankless Times
| Tage Kene-Okafor / TechCrunch: |
TradeDepot, which connects consumer goods brands to retailers, raises a $110M Series B in equity and debt led by the International Finance Corporation — Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption.
More:
Disrupt Africa, Finextra, FinSMEs, Crunchbase News, Ventureburn, and Technext. Tweets: @ulonnaya
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