| Todd Shields / Bloomberg: |
The FCC imposes a ban on equipment from Huawei and ZTE, camera providers Hikvision and Dahua, and radio maker Hytera, citing “a risk to national security” — US regulators imposed a ban on electronic equipment from Huawei Technologies Co. and ZTE Corp., continuing a years-long effort … | Tim Copeland / The Block: |
Binance releases its proof-of-reserves system, starting with BTC, claiming it has 582,485 BTC and 575,742 BTC user balance, a reserve ratio of 101% for users — - Binance has put out its proof-of-reserves system, in light of FTX's meltdown. — It shows a reserve ratio of 101% for its users' bitcoin balances.| South China Morning Post: |
Inside Zhengzhou's “iPhone City” lockdown, where China's zero COVID-19 policy, related propaganda and fears, and Foxconn's missteps led to the worker riots — In a widely cited anecdote about the power of the Chinese workforce, a manager at an iPhone factory was once able … | Christiana Loureiro / The Block: |
Report: several US states are investigating Genesis Global as part of an inquiry into interconnectedness of crypto firms, securities laws violations, and more — - States including Alabama are looking into crypto firms and whether they violated securities laws.| Michelle Toh / CNN: |
The UK government asks its departments to stop installing Chinese surveillance cameras at sensitive sites, after calls to ban devices from Hikvision and Dahua — Hong Kong CNN Business — Hikvision, a leading Chinese surveillance company, has denied suggestions that it poses a threat … | Jess Weatherbed / The Verge: |
Elon Musk says Twitter may start manually authenticating accounts on December 2, with blue check marks for people, gold for companies, and gray for governments — Elon Musk says that Twitter's check mark program could return on Friday, December 2nd, with a new procedure to verify individual identities … | Taylor Lorenz / Washington Post: |
| Alex Hern / The Guardian: |
The UK government says its Online Safety Bill will return to the parliament in December and will be expanded to criminalize nonconsensual “deepfake” pornography — Nonconsensual explicit images to be tackled in bill returning to parliament next month| Gené Teare / Crunchbase News: |
Analysis: AI startup funding has been around 9%-10% of global VC investment in recent years, led by robotics, autonomous vehicles, and enterprise software — Editor's note: In this four-part series, we explore the impact of artificial intelligence startups on multiple sectors.| Jonathan Burgos / Forbes: |
Hong Kong-based XanPool, a cross-border payments infrastructure provider for both crypto and fiat currencies, raised $41M in Q2 2022 at a $400M valuation — XanPool—a cross-border payments infrastructure provider—is accelerating expansion plans across Europe, Middle East … | Heather Vogell / ProPublica: |
Source: the US DOJ is investigating whether rent-setting software made by RealPage is facilitating collusion among landlords to drive up rental prices — The DOJ will examine whether RealPage helped landlords coordinate rent increases. Questions also swirl around a 2017 merger deal with its largest competitor.| June Yoon / Financial Times: |
An in-depth look at the US sanctions on China's chipmakers and worries over their impact on inflation and rising costs for Western manufacturers and customers — The advice “dig two graves, before you set out” applies to anyone bent on revenge. An old aphorism is hardly going to divert … | Ira Dugal / Reuters: |
Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply — India's banking regulator has declined a payment aggregator licence for the One 97 Communications Ltd (PAYT.NS) …
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