| Jon Porter / The Verge: |
Parler agrees to be acquired by Ye, formerly Kanye West, to create “an uncancelable ecosystem where all voices are welcome”; the deal is set to close in Q4 2022 — Kanye West, the musician also known as Ye, is buying Parler, a social media platform that styles itself as a “free speech” alternative to Twitter.| Nikkei Asia: |
Sources: Apple freezes its plans to use YMTC memory chips in its products, including iPhones, following the latest US export controls on China's tech sector — Company previously planned to put Chinese-made memory in some iPhones| Noah Smith / Noahpinion: |
| Ann-Marie Alcántara / Wall Street Journal: |
A look at Gas, an iOS app for teens to “gas each other up”; Data.AI: Gas had 500K+ downloads since its August launch, despite being limited to a few US states — Gas is topping Apple's App Store charts despite being limited to a handful of states — TBH was hot.| Mia Sato / The Verge: |
TikTok plans to raise the age requirement for hosting a livestream from 16 to 18 on November 23 and let hosts limit their livestreams to adult-only audiences — TikTok is updating its livestream system to limit kids from going live and to allow streamers to only reach adults.| Nikhilesh De / CoinDesk: |
Filing: Texas' securities regulator is investigating crypto exchange FTX US over allegations the company offers unregistered yield-bearing securities products — Texas securities regulator's director said he set up a yield-bearing account on FTX US, despite identifying his address as being located within the U.S.| Corrie Driebusch / Wall Street Journal: |
Sources: Intel is eyeing a significantly lower sub-$20B valuation for the IPO of its Mobileye self-driving car unit, down from the originally expected $50B+ — A target valuation of under $20 billion is expected, down from $50 billion — Intel Corp. INTC 1.97%▲ … | Reuters: |
Sources detail how Changpeng Zhao and other executives sought to “insulate” Binance from scrutiny by US and UK authorities, including by setting up Binance.US — A plan to “insulate” itself from the SEC. A backdated document. An exodus of compliance staff.| Kate Rooney / CNBC: |
Mastercard partners with Paxos to let financial institutions offer cryptocurrency trading to their clients; PayPal already uses Paxos to offer a similar service — - Mastercard is launching a program to let financial institutions offer cryptocurrency trading to their clients.| Dean Takahashi / VentureBeat: |
Discord debuts Activities, which lets users share experiences like playing games and watching videos, an App Directory, Premium App Subscriptions, and more — Discord announced a number of upgrades to its platform today, including activities where users can play casual games with each other.| Bloomberg: |
Stability AI raised a $101M seed, a source says at a ~$1B valuation, and its CEO says Stable Diffusion has 10M DAUs and its web app DreamStudio has 1.5M+ users — The parent company of Stable Diffusion, an artificial intelligence tool that makes digital art, has reached unicorn status … | Miles Kruppa / Wall Street Journal: |
A profile of Google Chief Business Officer Philipp Schindler, who leads sales for Google's online advertising products and most of the company's other services — The search giant's head of sales is a diplomatic negotiator, but leaves some business partners frustrated| Meta: |
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| Thomas Seal / Bloomberg: |
| ProPublica: |
| Margaux Nijkerk / CoinDesk: |
| Osato Avan-Nomayo / The Block: |