| C-SPAN.org: |
Video of Adam Mosseri's testimony before a Senate Commerce subcommittee examining Instagram's negative effects on teen mental health — Instagram CEO testifies on impact of platform on young users before a Senate Commerce subcommittee.| Karissa Bell / Engadget: |
Instagram plans to bring back “a version” of its chronological feed in Q1 2022, as it experiments with other options for users including a “favorites” feed — After more than five years, Instagram plans to bring back “a version” of its chronological feed next year, the company's top executive said on Wednesday.| Bloomberg: |
| Jackie Davalos / Bloomberg: |
Kickstarter plans to transition its crowdfunding site to a newly created blockchain-based protocol in 2022, and will offer tools for others to build on it — It's creating a new company to develop and distribute the technology. — For more than a decade, Kickstarter PBC has convinced … | Mary Ann Azevedo / TechCrunch: |
Better.com CEO Vishal Garg apologizes for how he handled firing ~900 employees, 9% of his workforce, over Zoom, as a report says Better.com is delaying its SPAC — Better.com CEO Vishal Garg apparently realizes he's done wrong. — (As if the barrage of negative publicity wasn't enough evidence of that.)| Russell Brandom / The Verge: |
A US appeals court grants a stay in the Epic v. Apple ruling, letting Apple keep its IAP system as the sole source of iOS in-app payments as the case proceeds — Apple can maintain its App Store payment monopoly while the case proceeds — An appeals court has paused one of the most consequential parts … | Amanda Silberling / TechCrunch: |
Twitter tests turning its in-app Explore page into a TikTok-like feed with For You and Trending tabs, amid similar experiments from Netflix, Spotify, and Reddit — Twitter posted today that its testing a feature that would turn its in-app explore page into a TikTok-like video feed, complete with even a “For You” tab.| Steve Dent / Engadget: |
Facebook is testing a Professional Mode, letting eligible creators monetize their profiles, including the Reels Play bonus program that offers up to $35K/month — Facebook has launched a new professional mode for profiles that will let eligible creators earn money without the need to create a separate Page.| Reuters: |
Microsoft will change its hiring process as part of a settlement with the DOJ, which says it found at least six instances of immigration-related discrimination — The U.S. Justice Department said on Tuesday it reached a settlement with Microsoft Corp (MSFT.O) resolving allegations … | Patrick McGee / Financial Times: |
Sources: despite iOS ATT changes, Apple still lets Meta, Snap, and other iOS developers collect data from iPhones so long as it is “anonymized and aggregated” — Group's unacknowledged shift lets companies follow a looser interpretation of its privacy rules| Sara Fischer / Axios: |
Roku says it has agreed to a multi-year extension with Google for distributing YouTube and YouTube TV apps on its devices; Roku's stock is up 18%+ — Roku and Google have agreed to a multi-year extension for both YouTube and YouTube TV apps to be distributed on Roku.| Abner Li / 9to5Google: |
Google confirms a bug preventing some Android users from calling 911 if Microsoft Teams is installed but they are not logged in, says a permanent fix is coming — Last week, a user reported that their Pixel 3 was not able to dial 911 (emergency services in the US).| Sami Fathi / MacRumors: |
Kuo: AirPods Pro 2, the first update since 2019, will launch in Q4 2022 with a Beats Fit Pro-like design, an improved chip, fitness tracking, and more — The AirPods Pro 2, the first update to the AirPods Pro since its debut in 2019, will launch in the fourth quarter of 2022, according to Apple analyst Ming Chi-Kuo.| Neal E. Boudette / New York Times: |
After Tesla added over 12 video games that can be played while driving, critics argue the company is compromising road users' safety, on top of Autopilot issues — The feature raises fresh questions about whether Tesla is compromising safety as it rushes to add new technologies.| Ivan Levingston / Bloomberg: |
Adobe agrees to acquire ContentCal, which helps creators automate social media publishing and reporting tasks, sources say for more than $100M in cash — Adobe Inc. will acquire U.K. social media marketing startup ContentCal in a deal that aims to give users, particularly small businesses … | Bloomberg: |
A look at the rise of “dark stores”, mini-warehouses in urban retail spaces used by fast grocery delivery companies, and how they erode community life — Mini-warehouses dubbed “dark stores” are quietly taking over urban retail space. Left unregulated, the insatiable demand … | Sebastian Herrera / Wall Street Journal: |
Amazon has emerged as the de facto wage-and-benefits setter as US companies fight to attract workers in a tight labor market, causing ripples across the economy — In local markets throughout America, the e-commerce giant's facilities have an impact on inflation, job markets and labor standards| Financial Times: |
UK digital bank Monzo raises $500M led by Abu Dhabi Growth Fund at a $4.5B valuation; sources say it is exploring products like stock and crypto trading — UK digital bank sees $500m funding round in sharp recovery after bruising start to pandemic — British digital bank Monzo's valuation … | Wallace Witkowski / MarketWatch: |
UiPath reports Q3 revenue of $220.8M, vs. estimates of $208.3M and up 50% YoY, ARR of $818.4M, up 58% YoY, and losses of $122.8M, up 73% YoY — UiPath Inc. shares fell in the extended session Wednesday even as the “software robots” provider's quarterly results topped Wall Street expectations.| Rebecca Torrence / FierceHealthcare: |
Robin Healthcare, which offers an AI-powered smart speaker to record patients' talks with providers and help with administrative tasks, raises a $50M Series B — Robin Healthcare didn't set out to create an Amazon Alexa for healthcare. The startup first tried using a webcam … | Kollen Post / The Block: |
At a congressional hearing with six crypto executives, committee members voiced concern about stablecoins and exchanges but showed a warming reception to crypto — Quick Take — Today's hearing before the House Financial Services Committee confirmed: Congress is warming up to crypto.| Nilay Patel / The Verge: |
Q&A with ConstitutionDAO's Jonah Erlich on how it got started, what would have happened if it had won the auction, and the refund system for the ~$47M it raised — Jonah Erlich is one of the core members of a group called ConstitutionDAO, a group that raised money to try to buy … | Andrew Tangel / Wall Street Journal: |
The FAA outlines flight restrictions, including limiting bad weather automated landing systems to avoid interference with the C-band 5G spectrum from January 5 — Agency's order could disrupt air travel with limits to cockpit systems needed in poor weather; new 5G services expected to go live Jan. 5| Jamie Tarabay / Bloomberg: |
Google sues two Russians it claims help run a botnet that has infected 1M+ devices and uses command-and-control server addresses stored on Bitcoin's blockchain — - Complaint says the two created a sophisticated ‘botnet’ — Glupteba sells stolen logins, credit cards, Google says| Steve Lohr / New York Times: |
Meta, Nike, GM, IBM, Walmart, Deloitte, Mastercard, and others join the Data & Trust Alliance, which built an anti-bias scoring system for AI used in HR tools — The organization has created a format for evaluating the technology, which is often used to screen job candidates.
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| Kurt Wagner / Bloomberg: |