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November 3, 2021, 10:05 AM
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WeSmirchTop News
| New York Times: |
Meta plans to shut down Facebook's decade-old facial recognition system this month, deleting the face scan data of 1B+ users following legal and regulatory woes — Saying it wants “to find the right balance” with the technology, the social network will delete the face scan data of more than one billion users.
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Meta, Ars Technica, Wired, Gizmodo, Electronic Frontier Foundation, Common Dreams, BBC, Reuters, Social Media Today, BetaNews, Gamereactor UK, Telecoms.com, MediaNama, XDA Developers, Mashable, Benzinga, The Verge, PhoneArena, TechCircle, The Hacker News, iThinkDifferent, Pocket-lint, fossbytes.com, The Overspill, Pocketnow, TechSpot, TechCrunch, PYMNTS.com, Fortune, USA Today, Quartz, and Liliputing
Tweets: @kashhill, @nytimes, @kevinbankston, @jovialjoy, @kashhill, @eff, @katecrawford, @swodinsky, @kharijohnson, @xor, @neontaster, @aprilaser, @tomgara, @shiraovide, @rmac18, @katienotopoulos, @broderick, @guntruth, @samfbiddle, @edzitron, @charlescearl, @akianastasiou, @rajiinio, @caseyjohnston, @petermdenton, @aprilaser, @shahidforchange, @rmac18, @aprilaser, @blackamazon, @evacide, @om, @om, @om, @jt_teran, @brianbrackeen, @eculliford, @jfreewright, @marshacollier, @peninsulaqatar, @rmac18, @slpng_giants, @katienotopoulos, @digiphile, @stephenpunwasi, @rcalo, @jbadomics, @alexhern, @jason_grosse, @jkosseff, @donie, @mattburgess1, @kashhill, @jason_kint, @nickwatts1988, and @jonrosenberg
| Taylor Soper / GeekWire: |
Zillow says it is shutting down its home buying business, laying off ~2,000 employees, and taking a write down of $500M+; stock drops 10%+ — Zillow Group's ambitious tech-fueled bid to shake up how people buy and sell homes is coming to a surprising end. — The Seattle online real estate giant …
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Bloomberg, CNBC, Zillow Group, Inc., Wall Street Journal, VICE, The Seattle Times, MarketWatch, New York Times, CNN, Fast Company, MobileSyrup, Gizmodo, CBS News, Associated Press, Barron's Online, Fortune, The Real Deal New York, Insider, Axios, Protocol, New York Business Journal, and The Verge
Tweets: @opendoor, @jowens510, @jeffnolan, @kelseyhightower, @lt3000lyall, @jowens510, @jonfortt, @xerxeswuff, @kyweise, @darrenrovell, @samro, @mikeisaac, @dangeiger79, @derektmead, @killedbygoogle, @business, @seldo, @pmddomingos, @ajlatrace, @toddhagopian, @carnage4life, @paul_essen, @carnage4life, @jowens510, and @waltisfrozen. Thanks:@kslosh
| Mike Minotti / VentureBeat: |
Activision Blizzard says Blizzard co-leader Jen Oneal is stepping down, leaving Mike Ybarra as sole leader; Oneal says she'll focus on diversity in the industry — Activision Blizzard announced today that Jen Oneal is stepping down from her role as Blizzard co-leader, which she started in August along with Mike Ybarra.
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Blizzard News, Engadget, Rock, Paper, Shotgun, GameSpot, GamingBolt, Kotaku, MCV/DEVELOP, Twinfinite, gamerant.com, NME, gamerant.com, Game Developer, PC Gamer, PC Games Insider, Washington Post, Polygon, IGN, Engadget, Destructoid, Windows Central, Kotaku, and The Verge
Tweets: @velocciraptor, @pezradar, @jasonschreier, @lepidopterrors, and @blizzard_ent
| Dean Takahashi / VentureBeat: |
| Paulina Duran / Reuters: |
Australia's largest bank Commonwealth Bank to become the country's first bank to offer customers crypto services, including cryptocurrency trading via its app — Commonwealth Bank of Australia will become the country's first to offer retail clients crypto services, Australia's largest bank …
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CommBank, ZDNet, The Block, Australian Financial Review, Bitcoin Magazine, Cointelegraph, and iTnews
Tweets: @cbanewsroom, @commbank, and @chainalysis
| Catalin Cimpanu / The Record: |
CISA creates a catalog of known exploited vulnerabilities, including from Apple and Google, and orders federal agencies to apply patches within timeframes — The US Cybersecurity and Infrastructure Security Agency has established today a public catalog of vulnerabilities known to be exploited …
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CISA, BleepingComputer, Department of Homeland …, SecurityWeek, 9to5Mac, TechCrunch, Wall Street Journal, and FedScoop
Tweets: @ericgeller, @kpyke, @daveaitel, @ericgeller, @cisainfrasec, @jimlangevin, @campuscodi, and @gossithedog
| Catalin Cimpanu / The Record: |
The criminal group behind BlackMatter ransomware announces plans to shut down the operation, citing “pressure from the authorities” — The criminal group behind the BlackMatter ransomware have announced plans today to shut down their operation, citing pressure from local authorities.| Sarah Perez / TechCrunch: |
Netflix rolls out its exclusive mobile games globally to the Play Store and plans to feature them in its Android app starting this week — After early tests in select markets, Netflix announced today its debut lineup of exclusive mobile games will begin rolling out to all members globally on Android devices, starting this week.
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About Netflix. More:
PCMag, techadvisor.com, Comic Book, MediaNama, Coinspeaker, Moneycontrol, CNBC, Laptop Mag, Reuters, iPhone in Canada Blog, Wall Street Journal, and Gizmodo
Tweets: @stroughtonsmith, @gartenberg, @alexisohanian, @kdramafolder, and @markgurman
| Eli Tan / CoinDesk: |
Faze Technologies, which wants to launch a Cricket NFT marketplace and build “the metaverse for cricket”, raises a $17.4M seed led by Tiger Global — Tiger Global led a $17.4 million seed round for Faze Technologies, the company announced Wednesday.| Tom Warren / The Verge: |
Microsoft will bring its mixed reality platform Mesh with 3D avatars and VR support to Teams in the first half of 2022 — Microsoft and Meta are on a collision course for metaverse competition — Microsoft is entering the race to build a metaverse inside Teams, just days after Facebook rebranded …
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Bloomberg, The Official Microsoft Blog, Microsoft, YouTube, Axios, Forkast, Silicon Republic, Microsoft 365 Blog, fossbytes.com, TechCircle, BGR India, Cointelegraph, Game Rant, MediaNama, TNW, Coinspeaker, cryptodaily.co.uk, Pocket-lint, Benzinga, Social Media Today, and TechEBlog
Tweets: @satyanadella, @dujunx, @avinash, @chriscapossela, @ibogost, @maryjofoley, @microsoft, @stroughtonsmith, @el33th4xor, @carnage4life, @anonopshispano, @mcnees, @rleshner, @jamespmcleod, @pewilliams_, @bennetttomlin, @vanvidum, @resnikoff, @joserosado, @arrington, @kchoudhu, @lenkiefer, @microsoft365, @jeffteper, @brianroemmele, @darth, @carlquintanilla, and @emilychangtv
| James Vincent / The Verge: |
Google News will return to Spain “early next year” following a change to Spain's copyright laws that will let Google negotiate fees with individual publishers — Spain has changed its copyright law in accordance with EU legislation — Who should get paid when big tech platforms aggregate news stories?| Kyle Wiggers / VentureBeat: |
Microsoft announces Loop, an app that combines a “flexible canvas” with collaborative components that sync across Microsoft 365 services — At its Ignite 2021 conference today, Microsoft announced Loop, a new app that combines a “flexible canvas” with components …
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TechCrunch, Microsoft 365 Blog, ZDNet, The Verge, TNW, TechCrunch, ZDNet, Android Headlines, and CNBC
| Cameron Faulkner / The Verge: |
Oculus rolls out v34, adding a Space Sense safety feature notifying users when objects, people, or animals intrude on a safe VR space, alongside other features — Version 34 is starting to roll out today — Fresh off of Meta's Connect 2021 keynote, where Grand Theft Auto …
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UploadVR, Oculus Blog, Micky, SlashGear, and Kotaku
Tweets: @j_shepz, @rufftalkvr, @schrep, @matinassi, @thekenyeung, @starfire2258, and @olifranklin
| Campbell Kwan / ZDNet: |
A joint probe by Australia and UK's Information Commissioners finds Clearview AI collected data on 3B+ people by indiscriminately scraping info from the web — Despite uncovering Clearview AI's intrusive practices, Australia's Information Commissioner conceded that the number of Australians …
Source:
Office of the Australian Information Commissioner. More:
The Guardian, The Verge, iTnews, Silicon Republic, and Reuters. Tweets: @andrewtychen
| Reuters: |
Tencent announces a cloud operating system called Orca and three chips, one for AI, another for video processing, and a chip for high-performance networks — Chinese technology giant Tencent Holdings (0700.HK) touted progress in semiconductor chip development and investment on Wednesday … | Kyle Wiggers / VentureBeat: |
HoneyBook, which offers business management tools to SMBs and freelancers, raises a $250M Series E led by Tiger Global at a $2.4B valuation, up from $1B+ in May — HoneyBook, a client management and financial platform for independent contractors, today announced that it raised $250 million …
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Globes Online, Crunchbase News, TechCrunch, and Tech News
| Zheping Huang / Bloomberg: |
Source: ByteDance co-founder Zhang Yiming, who stepped down as CEO in May, has left the board after stepping down as chairman; CEO Liang Rubo to become chairman — - Zhang announced in May he was giving up his CEO title — Chinese tech giant this week announced a restructuring
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Financial Times, CNBC, Coinspeaker, Tech in Asia, Nikkei Asia, Reuters, and Insider. Tweets: @pingroma
| Reuters: |
Chinese central bank official says around 140M people opened wallets for digital yuan as of October and used it for transactions totaling around $9.7B — Some 140 million people had opened “wallets” for China's new digital yuan as of October and used it for transactions totalling around 62 billion yuan …
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Bloomberg, CoinDesk, Coinspeaker, and Cointelegraph
| Eleanor Olcott / Financial Times: |
Company salaries of data protection officers are soaring across China after laws were introduced that hold the officers personally responsible for any failures — Sweeping legislation has created huge demand but job risks have risen alongside salaries — Chinese data protection officers …
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Forkast. Tweets: @carnage4life, @ellieolcott, @martinsfp, @empo11on, @noraniloideain, @lukolejnik, and @benjaminqiu
| Frank Chaparro / The Block: |
Coinbase confirms it is testing Coinbase One, a subscription service that internal docs show could feature zero trading fees and prioritized phone support — Quick Take — Coinbase is testing out a new subscription service, dubbed Coinbase One — The service would give users access to more features such as zero-fee trading| Aisha Malik / TechCrunch: |
DoorDash rolls out SafeDash, an in-app security toolkit for its delivery drivers, in NYC, Chicago, Philadelphia, Detroit, San Francisco, and Los Angeles — DoorDash is introducing SafeDash, a new in-app security toolkit aimed at helping its delivery providers feel safe while they work.| Kyle Wiggers / VentureBeat: |
Chicago-based FingerprintJS, which is developing a “fingerprinting” service for web browsers to prevent fraud, raises a $32M series B led by Craft Ventures — Sign up here. — FingerprintJS, a Chicago, Illinois-based company developing a fingerprinting service for the web … | Aditi Shah / Reuters: |
Indian ride-hailing company Ola reports its first operating profit since beginning operations a decade ago, with $12M for FY ending March 2021 — Indian ride-hailing company Ola, backed by Japan's Softbank Group (9984.T), has notched up its first-ever operating profit since beginning operations …
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Entrackr
| Billy Perrigo / TIME: |
Sources: Facebook has done little to act on the Islamophobic “Love Jihad” conspiracy theory on its platform in India due to “political sensitivities” — In a video posted to Facebook in November 2020, an extremist priest called for Hindus to rise up and begin killing Muslims in India.
Tweets: @jason_kint, @arifcrafiq, @damomusings, @verambergen, @skjain_05, @krantinari, @iamcouncil, @foundationtls, @indscribe, @hrnext, @planet_deb, @jgreenblattadl, @jeffhorwitz, @jason_kint, @jason_kint, @jason_kint, @jason_kint, @jason_kint, @jason_kint, @jason_kint, @foundationtls, @jason_kint, and @sarangsspeaks
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