Techmeme
November 4, 2021, 3:20 PM

Top News

Vlad Savov / Bloomberg:
Google says it will let Android app developers use alternative billing systems in the Google Play store in South Korea, complying with a new law  —  Alphabet Inc.'s Google said it will add the option for developers to offer alternative billing systems on its Android app store in South Korea …
AnandTech:
Review of Intel's ~$650 flagship i9-12900K Alder Lake CPU, which performs close to AMD's 5950X and 5900X depending on workloads, while adding DDR5 support  —  Today marks the official retail availability of Intel's 12th Generation Core processors, starting with the overclockable versions this side of the New Year, and the rest in 2022.
Wall Street Journal:
AT&T and Verizon postpone the December 5 launch of C-band 5G spectrum to address the FAA's concerns of potential interference with cockpit safety systems  —  Wireless carriers postpone planned Dec. 5 launch of new spectrum to address concerns about potential interference with cockpit safety systems
Takashi Mochizuki / Bloomberg:
Nintendo president says he doesn't “see a sign of the component shortages recovering” as the company cuts Switch sales target for FY 2021 from 25.5M to 24M  —  - Company upgrades operating profit outlook citing FX rates  — Sustaining sales momentum will depend heavily on OLED model
James Batchelor / GamesIndustry.biz:
US-based game publisher Devolver Digital raises around $261M in a London IPO, at a valuation of about $950M  —  Fall Guys publisher is biggest US firm to trade on AIM, Sony Interactive Entertainment makes 5% investment in Devolver  —  Devolver Digital has begun trading on AIM …
Issie Lapowsky / Protocol:
Internal documents shed light on Facebook's “holdout” experiments, where it withholds certain protections from a subset of users to see how they will react  —  In her testimony before Congress last month, whistleblower Frances Haugen told lawmakers Facebook has conducted experiments …
Biz Carson / Protocol:
PitchBook: female-founded startups raised a record $40.4B across 2,661 VC deals in the first three quarters of 2021 with a $59 billion all-time high in exits  —  The pandemic took a toll on female founders in 2020: Funding to their companies fell 3% even in a bullish startup climate that saw overall venture funding rise by 16%.
Michael Kan / PCMag:
FCC approves Boeing's application to deploy and operate satellites providing broadband internet to US consumers and business; application was filed in 2017  —  According to the FCC, Boeing plans on using the satellite internet system to supply broadband to residential, commercial, and government customers.
Kolawole Samuel Adebayo / VentureBeat:
Treasure Data, which offers an enterprise customer data platform, raises $234M led by SoftBank  —  Mountain View-based enterprise customer data platform (CDP) Treasure Data has just received a $234 million funding in what the company calls the largest-ever single round for a CDP.
Aisha Malik / TechCrunch:
Instagram brings back support for Twitter Card previews after removing the feature in 2012  —  Instagram is bringing back support for Twitter Card previews starting today.  Now when users share an Instagram link on Twitter, a preview of the post will be shown in the tweet.
Rebecca Heilweil / Vox:
Meta will retain some of its facial recognition systems, including its DeepFace model, and plans to incorporate biometrics into its metaverse products  —  The social network is scaling back facial recognition, but similar technology could show up in the metaverse.
Alexander Osipovich / Wall Street Journal:
Google strikes a cloud deal with CME and invests $1B in the futures exchange  —  Alphabet Inc.'s Google has invested $1 billion in futures-exchange giant CME Group Inc. and struck a deal to move the company's core trading systems to the cloud.  —  Under the deal, the technology giant's Google Cloud unit …
Catalin Cimpanu / The Record:
US sanctions four companies, including NSO Group, that sell spyware or hacking tools, adding them to a list of entities engaging in “malicious cyber activities”  —  The US government has sanctioned today four companies that develop and sell spyware and other hacking tools, the US Department of Commerce announced today.
Frederic Lardinois / TechCrunch:
GitHub CEO Nat Friedman is stepping down on November 15; Thomas Dohmke, who became chief product officer in August, will take over as CEO  —  GitHub CEO Nat Friedman is stepping down from his role on November 15 to become the Chairman Emeritus of the Microsoft-owned service.
Christine Hall / TechCrunch:
Cloudbeds, which makes hospitality management software, raises a $150M Series D led by SoftBank Vision Fund 2, bringing its total funding to $253M  —  As U.S. hotel occupancy hit pre-pandemic levels this summer, the hospitality industry is bracing for what is expected to be a rush of activity as people resume travel.
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Patrick Howell O'Neill / MIT Technology Review:

Earlier Picks

Dean Takahashi / VentureBeat:
Alex Heath / The Verge:
Catalin Cimpanu / The Record: