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November 21, 2018, 5:55 PM
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Top News

Josh Constine / TechCrunch:
In a memo, Facebook's outgoing head of public policy, Elliot Schrage, takes responsibility for the hiring of PR firm Definers  —  TechCrunch has attained an internal memo published by Facebook's outgoing head of public policy Elliot Schrage in which he blames himself for hiring PR firm Definers.
Seth Fiegerman / CNN:
In an interview, Mark Zuckerberg says he will stay on as Facebook's chairman, defends COO Sheryl Sandberg, reiterates Facebook's potential as a force for good  —  New York (CNN Business)After spending much of this year apologizing for Facebook's many missteps, CEO Mark Zuckerberg was defiant …
TechCrunch:
Amazon emails an unknown number of customers disclosing a “technical error” that exposed emails and names, but provides few other details  —  Amazon's renowned secrecy encompasses its response to a new security issue, withholding info that could help victims protect themselves.
Bloomberg:
Leaked memo: Foxconn aims to cut $2.9B from expenses in 2019 and eliminate ~10% of non-technical staff, as it faces “a very difficult and competitive year”  —  Foxconn Technology Group, the biggest assembler of Apple Inc. iPhones, aims to cut 20 billion yuan ($2.9 billion) …
Wall Street Journal:
Sources: Amazon is working to persuade brick-and-mortar merchants to accept its Amazon Pay digital wallet, starting with gas stations, restaurants, and others  —  Amazon is looking to start by working with gas stations, restaurants and other merchants that aren't its direct competitors
Pranav Dixit / BuzzFeed News:
Sources detail meeting in India between Twitter's Jack Dorsey, Vijaya Gadde, and others, after photo of Dorsey holding sign criticizing caste system goes viral  —  At a round table discussion in New Delhi last week, Twitter's top executives seemed unaware of caste-based abuse taking place …
Reuters:
BMW says it will begin to offer ride-hailing services in China starting in December, becoming the first global automaker to obtain a license  —  BEIJING (Reuters) - Germany's BMW (BMWG.DE) plans to launch ride-hailing services in China in December, the first global automaker to obtain such a license in the fast-growing market.
Bloomberg:
Facebook says its ad buying system is still experiencing glitches after an outage on Tuesday, which sources say affected major buyers, ahead of Black Friday  —  - Ad-buying system was down earlier for some major users  — Hiccups come as brands prepare campaigns for holiday shopping
Bloomberg:
Beijing plans to implement a social rating system to judge all of its 22M citizens by the end of 2020, pooling data from several departments  —  - China capital plans ‘social credit’ system by end of 2020  — Citizens with poor scores will be ‘unable to move’ a step
More: TechSpot

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This is a Techmeme archive page. It shows how the site appeared at 5:55 PM ET, November 21, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Sara Fischer / Axios:
How Trump and his allies could go after the media in his second term through harassment campaigns and lawsuits, draining the companies of time, money, and trust

Lili Loofbourow / Washington Post:
A look at Amazon Prime Video's election night show, with former NBC News anchor Brian Williams, a wide array of news team members and guests, and a surreal set

Christopher Palmeri / Bloomberg:
US filing: Paramount Global talked to WBD about a merger for months before giving up after receiving no offer; Paramount held talks with at least 12 bidders

More News

Aaron Tilley / The Information:
Source: Apple quietly bought Silk Labs, a startup that makes lightweight AI software for consumer hardware, earlier this year; PitchBook: Silk Labs raised ~$4M
Reuters:
While Facebook says human trafficking on its site is not allowed, it took weeks to remove a viral post that led to the auction of a child bride in South Sudan

Earlier Picks

Kia Kokalitcheva / Axios:
Design software company Autodesk says it is acquiring PlanGrid, a provider of cloud-based construction software, for $875M
Kyle Wiggers / VentureBeat:
Microsoft now supports standards-based FIDO2 security key devices, letting Windows 10 users access their Microsoft Account without entering username or password
Timothy W. Martin / Wall Street Journal:
Sources: Samsung plans to release a variant of the Galaxy S10 next spring that will have six cameras, 5G, and a 6.7" screen
Kate Rooney / CNBC:
Bitcoin hit its lowest level in more than a year on Monday, falling under $5,000, with the entire cryptocurrency market cap losing roughly $40B in the past week
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