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December 7, 2021, 12:35 AM
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| The Markup: |
Sources: Life360, a family safety app with 33M users, has sold users' precise location since 2016 and is one of the location data broker industry's top sources — The app is a major source of raw location data for a multibillion-dollar industry that buys, packages, and sells people's movements
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MacRumors, 9to5Mac, iMore, Input, XDA Developers, AppleInsider, iDownloadBlog.com, Ubergizmo, KnowTechie, and Pixel Envy
Tweets: @themarkup, @wolfiechristl, @jathansadowski, @jsrailton, @jordannovet, @juliaangwin, @parkerortolani, @bergmayer, @hypervisible, @alisoncroggon, @jsrailton, @dangillmor, @bradmccarty, @kateward, @carlhancock, @juliaangwin, @themarkup, @jboogie, @tldtoday, @omartosca, @juliaangwin, @juliaangwin, @astepanovich, @harrisonweber, @journeydan, @sachsjonah, @alfredwkng, and @jshermcyber
| Wall Street Journal: |
Intel plans to take its Mobileye unit public, sources say at a $50B+ valuation; Intel acquired the self-driving car company in 2017 for about $15B — Move could value Mobileye at more than $50 billion, according to people familiar with the matter — Intel Corp. is planning to publicly list shares …
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The Economic Times, Silicon Valley Business …, New York Times, Intel, Oregonian, TechCrunch, Protocol, iTnews, Reuters, Bloomberg, Pixel Envy, MarketWatch, and SiliconANGLE
Tweets: @djtgallagher and @djohnson_cpa
| Catalin Cimpanu / The Record: |
Microsoft seizes 42 domains allegedly used by a Chinese cyber espionage group that targeted organizations in 29 countries including the US — Microsoft said today that its legal team has successfully obtained a court warrant that allowed it to seize 42 domains used by a Chinese cyber-espionage group …
More:
Microsoft On the Issues, New York Times, BleepingComputer, The Register, Microsoft Security Blog, ZDNet, SiliconANGLE, TechCrunch, The Hill, CyberScoop, and Dark Reading
Tweets: @nytimesbusiness, @infosecsherpa, and @msftissues
| Jon Porter / The Verge: |
WhatsApp now lets users set all one-to-one chats to disappear by default after 24 hours, seven days, or 90 days — Its disappearing messages feature is getting an upgrade — WhatsApp is adding new functionality to its disappearing messages feature, which lets users set messages in a chat … | Juli Clover / MacRumors: |
Report: the US DOJ has asked Roblox why it changed “games” to “experiences” on its website, and asked Roblox and other developers to clarify the difference — The United States Justice Department is investigating Apple for antitrust issues, and Roblox is an area …
More:
The Information, AppleInsider, MacDailyNews, and 9to5Mac
Tweets: @youfoundsam_rbx and @joshua_sisco
| Lucas Matney / TechCrunch: |
Lyft CFO Brian Roberts, who joined the company in 2014 and took it public, leaves to become CFO at NFT marketplace OpenSea — Lyft's long-time CFO Brian Roberts, who took the company public, announced Monday that he was departing the ride share company that he joined in 2014 to take the same role at NFT marketplace OpenSea.
More:
Bloomberg, OpenSea Blog, Blockworks, and The Block
Tweets: @bkroberts, @crypto, @crypto, @colegottweets, @xanderatallah, and @idekmort
| Dean Takahashi / VentureBeat: |
Facebook Gaming announces a Play with Streamer feature that lets creators invite audience members to join a game, debuting alongside Pac-Man Community's launch — Mark Zuckerberg unveiled that Pac-Man Community is debuting on Facebook Gaming as one of the first games where audiences can play together while spectating.
More:
Meta, The Verge, 9to5Mac, TechCrunch, Protocol, Observer, and Forbes
Tweets: @dds618_, @bryantchappel, @skoochlol, @skoochlol, and @iam_ikandi
| Nikkei Asia: |
Source: Japan's FSA to propose legislation that would let only banks and wire transfer firms issue stablecoins as the country plans a yen-based digital currency — Only banks, wire transfer companies would issue currency-backed coins like Tether — Stablecoins are linked to such assets …
More:
The Verge, PYMNTS.com, Cointelegraph, Bitcoin News, CoinDesk, and The Block
| Dan Taylor / Tech.eu: |
Helsinki-based Enfuce, a card issuing and payments processing service, raises a €45M Series C led by Vitruvian Partners, bringing its total funding to €62M — Centred around its card-as-a-service offer, Enfuce has raised €45 million in a Series C funding round.
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Enfuce, PYMNTS.com, Crowdfund Insider, and Finextra
| Bloomberg: |
Investigation: Swiss company Mitto, which offers text message services to companies in 100+ countries, helped governments surveil phones; Mitto denies the claim — 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 …, Gizmodo, Slashdot, and PCMag
Tweets: @rondeibert, @rj_gallagher, @kimzetter, @kevinwhitelaw1, @katebevan, @jiten_jain, @hatr, @kimzetter, @tbij, @marietjeschaake, and @moltke
| Andrew E. Kramer / New York Times: |
US investigators traced ransomware payments back to companies in the Moscow skyscraper Federation Tower East, suggesting Russia tolerates ransomware operators — Cybersecurity experts tracing money paid by American businesses to Russian ransomware gangs found it led to one of Moscow's most prestigious addresses.
Tweets: @andrewkramernyt, @ddd1ms, @adam_k_levin, @epro, @stick631, @hatr, and @ericgarland
| Julian E. Barnes / New York Times: |
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CyberScoop, The Record, CNN, CNET, Washington Post, The Hill, Threatpost, Midday Macro, Fortune, Dark Reading, TechRadar, Bagheera's Newsletter, and Slashdot
Tweets: @nicoleperlroth, @campuscodi, @diakopter, @zcohencnn, @imposecost, @julianbarnes, and @jeffstone500
| Salvador Rodriguez / CNBC: |
Blockchain infrastructure technology startup Mysten Labs, founded by four former Facebook crypto engineers, raises a $36M Series A led by Andreessen Horowitz — - Andreessen Horowitz led a $36 million funding round of Mysten Labs, a crypto and blockchain infrastructure technology start-up founded by four former Facebook engineers.| Jordan Novet / CNBC: |
MongoDB reports Q3 revenue of $227M, up 50% YoY, a net loss of $81.3M, up from $72.7M YoY, and Atlas cloud database revenue up 84%; stock up 17%+ — - Revenue growth accelerated, including in the fast-growing Atlas cloud service category. — Sales and marketing expenses continue to mount.| Ben Smith / New York Times: |
A document from TikTok's engineering team in Beijing details the app's addictive algorithm, which pursues DAUs by optimizing for “retention” and “time spent” — It's the most successful video app in the world. Our columnist has obtained an internal company document …
More:
The Verge, Gizmodo, Insider, Input, TechRadar, and Garbage Day
Tweets: @zeyiyang, @jeremybmerrill, @akcronin, @willoremus, @lmatsakis, @mims, @caulfieldtim, @acerbialberto, @mims, @amondalek, @lmatsakis, @gwbstr, @jimbethell, and @jerrydunleavy
| Cho Mu-Hyun / ZDNet: |
Samsung merges its mobile and consumer electronic divisions into one business unit led by JH Han, and names Kyehyun Kyung as the CEO of its semiconductor unit — The Galaxy-device maker's smartphone and TV divisions will now be run by a single CEO. — Samsung said on Tuesday it has merged …
Source:
Samsung Global Newsroom. More:
The Verge, The Economic Times, Wall Street Journal, Bloomberg, and Reuters
| Jordan Novet / CNBC: |
Microsoft tells its partners that enterprise customers will be charged 20% more for their Office subscriptions if they don't switch to an annual plan in 2022 — - Microsoft is telling partners that customers will soon be charged 20% more for Office subscriptions if they prefer to keep paying by the month.
More:
SlashGear, ZDNet, Windows Central, PYMNTS.com, and Protocol. Tweets: @jordannovet. Thanks:@mattrosoff
| Dave Lee / Financial Times: |
DoorDash shifts from its gig worker model and hires 60 couriers as full-time employees, starting at $15/hour, to launch sub-15-minute grocery deliveries in NYC — Delivery app says outdated employment law prompted new structure in break with gig worker model
More:
DoorDash Newsroom, DoorDash, TechCrunch, Protocol, The Verge, The Rideshare Guy Blog …, Wired, and Axios
| Kevin Breuninger / CNBC: |
Rep. Devin Nunes, a close Trump ally and former chair of the House Intelligence Committee, says he will resign to become CEO of Trump Media & Technology Group — - Rep. Devin Nunes, R-Calif., will resign from Congress to become chief executive officer of former President Donald Trump's fledgling social media entity next month.
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Washington Post, CNN, Politico, NPR, Variety, Gizmodo, Associated Press, Fox News, Forbes, Deadline, International Business Times, Hollywood Reporter, GlobeNewswire News Room, Mashable, TheStreet, New York Post, The Hill, and New York Times
Tweets: @caseynewton, @chrismessina, @fpwellman, @alexzfinley, @danprimack, @juddlegum, and @mmasnick
| Mia Sato / The Verge: |
YouTube publishes its first Copyright Transparency Report, showing H1 2021 had 2.2M+ videos hit with incorrect copyright claims and 729M total copyright claims — Creators have complained about the claims and appeal process — Over 2.2 million YouTube videos were hit with copyright claims …
More:
YouTube Official Blog, ZDNet, Engadget, and PCMag
Tweets: @redbardiscool, @mattnavarra, @xoxolizza, @glassbottommeg, and @glenngabe
| Kaya Yurieff / The Information: |
Universe, a mobile-based website builder, raises a $30M Series B led by Addition, and says over 500,000 creators and SMBs have used its sites in the past month — Creators are making custom websites in vogue again. — After years of watching social networks abruptly tweak their algorithms … | Natasha Mascarenhas / TechCrunch: |
Platzi, which offers classes to Latin American professionals on coding, design, and more raises a $62M Series B, says 60% of its students spend $300 annually — When it comes to scaling online communities, Platzi CEO Freddy Vega thinks that edtech can take a few notes from the video game industry.
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Entrepreneur, PYMNTS.com, and FinSMEs
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