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November 2, 2021, 10:15 AM
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| Nikkei Asia: |
Sources: Apple has cut back on iPad production to allocate more chips to the iPhone 13; iPad production was down 50% from original plans for the past two months — U.S. tech giant produces 50% fewer tablets than planned in September-October — TAIPEI — Apple has cut back sharply …
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CNET, PCMag, 9to5Mac, Benzinga, MacDailyNews, iPhone in Canada Blog, KnowTechie, Ubergizmo, BGR India, Cult of Mac, BGR, Tom's Guide, TechRadar, MacRumors, Reuters, iMore, iThinkDifferent, Mashable, iPhone Hacks, PhoneArena, Patently Apple, and AppleInsider
Tweets: @sino_market, @imaruritokyo, and @natisho
| Brian Krebs / Krebs on Security: |
Researchers discover a Unicode security vulnerability that affects most code compilers, including for Go, C++, C#, JavaScript, Java, Rust, and Python — Virtually all compilers — programs that transform human-readable source code into computer-executable machine code …
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research.swtch.com, Light Blue Touchpaper, Gizmodo, Security Affairs, fossbytes.com, Rust Blog, SiliconANGLE, BleepingComputer, The Hacker News, Phoronix, TechRadar, Dark Reading, Threatpost, ComputerWeekly.com, HackRead, SecurityWeek, ZDNet, The Record, and GitHub
Tweets: @filosottile and @briankrebs
| Jon Porter / The Verge: |
Zoom says it is testing showing ads to free users; the ads appear on the browser page shown to users at the end of a call — They'll appear in a browser page at the end of meetings — Zoom is piloting showing ads to users on its free “Basic” tier, the company has announced in a blog post.| Krystal Hu / Reuters: |
Hong Kong-based Sandbox, which lets users build a virtual world using NFTs, raises $93M led by SoftBank's Vision Fund 2 — The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens (NFTs), has raised $93 million from investors led …
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animocabrands, VentureBeat, Coinspeaker, The Block, and Tech in Asia
| Reuters: |
Leaked memo: TikTok CEO Shou Zi Chew will step down as ByteDance's CFO to focus on running TikTok full time, amid a major reorganization of ByteDance — TikTok Chief Executive Officer Shou Zi Chew will step down as its parent ByteDance's chief financial officer (CFO) to focus on running …
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TechCrunch, Forbes, Financial Times, Axios, CNBC, CNET, and Bloomberg
| Liza Lin / Wall Street Journal: |
Yahoo pulls its services in China in a largely symbolic gesture, citing an “increasingly challenging business and legal environment”, following LinkedIn — Yahoo Inc. said it pulled its services in China, citing an increasingly challenging business and legal environment.
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Associated Press, South China Morning Post, International Business Times, The Hill, Reuters, Forbes, and Variety
Tweets: @lizalinwsj and @tmclaughlin3
| Nikkei Asia: |
Sources: Nintendo will only be able to produce ~24M units of Switch game console in FY 2021 due to chip shortages, 20% below its original plan of 30M — Production revised down to 24 million units for fiscal 2021 despite high demand — OSAKA — Nintendo will only be able to produce …
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thegamer.com and Video Games Chronicle
| Nikhilesh De / CoinDesk: |
Biden admin urges Congress to subject stablecoin issuers to federal oversight like banks and limit their interactions with non-financial companies, such as Meta — If U.S. lawmakers don't act, regulators have the authority to take their own measures, according to the long-awaited report …
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Axios, CoinDesk, U.S. Department …, Forkast, CNBC, Finextra, Wall Street Journal, Coinspeaker, The Verge, PYMNTS.com, WRAL TechWire, cryptonews.com, ZDNet, The Block, Crypto Briefing, Associated Press, Cointelegraph, The Hill, Protocol, Blockworks, Bank Automation News, MarketWatch, Washington Post, President's Working Group …, Crowdfund Insider, and New York Times
| Bloomberg: |
Sources: Zillow is pitching institutional investors on the sale of 7K homes for ~$2.8B to recover from buying too many, which it blames on its bidding algorithm — - Online listing giant has been buying thousands of homes — Zillow Group Inc. is looking to sell about 7,000 homes as it seeks …
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The Verge, MarketWatch, Insider, The Real Deal New York, The Real Deal New York, UPROXX, Vox, and GeekWire
Tweets: @kevinsekniqi, @mylesudland, @carnage4life, @anildash, @dionlisle, @aaronwall, @awolfeful, @anakasparian, and @messiyae
| CNBC: |
NHTSA says Tesla is recalling nearly 12K cars after finding an update to its “Full Self-Driving” system led to inadvertent activation of emergency braking — - Tesla is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause … | Rita Liao / TechCrunch: |
China-based Moka, which aims to automate the talent acquisition process for Chinese companies, raises a $100M Series C led by Tiger Global — Moka, a six-year-old Chinese startup that wants to make human resources management easier with software, said today it has closed a $100 million Series C round.
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The Economic Times
| Tage Kene-Okafor / TechCrunch: |
Chipper Cash, which provides cross-border payments services in Africa, raises a $150M Series C extension led by cryptocurrency exchange platform FTX — Chipper Cash, an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam Bankman-Fried's cryptocurrency exchange platform FTX.| Financial Times: |
Meta takes down a troll farm run by the Nicaraguan government since 2018 that involved 937 Facebook accounts, 140 Pages, 24 Groups, and 363 Instagram accounts — Company says it took down hundreds of accounts, pages and groups ahead of Sunday's election — Meta's Facebook has accused …
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Meta, BBC, SiliconANGLE, The Daily Beast, Reuters, Associated Press, ZDNet, Bloomberg, Engadget, and Insider
| Dan Taylor / Tech.eu: |
Permutive, whose ad platform allows publishers to deliver personalized ads in a privacy-safe manner, raises a $75M Series C led by SoftBank Vision Fund 2 — London's Permutive has raised $75 million in a Series C round. The eight-year-old company specialises in providing publishers … | FinSMEs: |
Prepaid Technologies, which provides payments software to financial institutions and government agencies, raises $96M led by Edison Partners — Prepaid Technologies, a Birmingham, Ala.-based provider of prepaid digital payment solutions, raised $96m in growth funding.
More:
Finextra and Wall Street Journal
| Paul Sawers / VentureBeat: |
Autonomous delivery startup Nuro raises a $600M Series D led by Tiger Global, sources say at a valuation of $8.6B, up from $5B in November 2020 — Autonomous vehicle (AV) company Nuro has raised $600 million in a series D round of funding from high-profile investors, including Tiger Global Management and Google.
More:
Forbes, Reuters, and TechCrunch
| Zheping Huang / Bloomberg: |
Kuaishou's CEO Su Hua is stepping down, will remain chairman of the short-form video company; fellow co-founder Cheng Yixiao will be the new CEO — - Billionaire Su Hua cedes CEO role to co-founder Cheng Yixiao — Su will focus on long-term strategy at the TikTok rival
More:
The Information, Kuaishou Technology, iTech News, Bread, Marketing Interactive …, Verdict, Fortune, Channel NewsAsia, South China Morning Post, Tech in Asia, TechNode, Pandaily, and CNN
Tweets: @ruima, @pelstrom, @pingroma, @ruima, @ruima, @sar_meta_web3, @briefnorris, and @borlawbau
| Arjun Kharpal / CNBC: |
Alibaba and JD.com are promoting “sustainability” rather than hyping Singles' Day sales this year, amid China's regulatory scrutiny and “common prosperity” push — - Singles Day in China, the biggest shopping event in the world, is underway but Alibaba and JD.com … | Charles Mandel / BetaKit: |
Generac Holdings to buy smart thermostat startup Ecobee for $650M in cash and stock, plus up to $120M in stock if targets are hit, expects deal to close in Q4 — Wisconsin-based Generac Holdings is acquiring smart thermostat startup Ecobee for up to $770 million, contingent on the achievement of certain performance targets.
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TechCrunch, CNET, ecobee, Android Central, Milwaukee Journal Sentinel, 9to5Google, The Verge, and MobileSyrup
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