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November 18, 2021, 5:20 PM
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WeSmirchTop News
| Mark Gurman / Bloomberg: |
Sources: Apple is accelerating the development of a fully autonomous electric car, after hitting a car processor milestone, with plans to debut it by 2025 — - Company looks to refocus project on self-driving capabilities — New car chief Kevin Lynch pushing for debut as early as 2025
More:
TechCrunch, Reuters, SiliconANGLE, The Guardian, Gizmodo, Macworld, Six Colors, MacRumors, The Verge, Engadget, Mercury News, 9to5Mac, AppleInsider, PhoneArena, SlashGear, CNET, New York Post, TechSpot, Patently Apple, BGR, Slashdot, iDownloadBlog.com, Apple Must, iPhone Hacks, MacDailyNews, iPhone in Canada Blog, MSPoweruser, and Philip Elmer‑DeWitt
Tweets: @dbreunig, @ericjhonsa, @mkbhd, @gwestr, @cperruna, @brianroemmele, @psythor, @stevemoser, @macrumors, and @markgurman
| Jason Schreier / Bloomberg: |
In a staff email, Phil Spencer says he's evaluating Xbox's relationship with Activision Blizzard and will make adjustments; PlayStation head sent a similar note — Microsoft Corp.'s head of Xbox said he's “evaluating all aspects of our relationship with Activision Blizzard …
More:
CNET, GamesIndustry.biz, Axios, Protocol, Engadget, Windows Central, The Verge, Game Developer, Reuters, IGN, PC Gamer, Dot Esports, Destructoid, Kotaku, dexerto.com, Digital Trends, Video Games Chronicle, purexbox.com, Wccftech, and GameSpot
Tweets: @jasonschreier, @genepark, @directfeedgames, @joncomms, @patrickklepek, and @tomwarren
| Shannon Liao / Washington Post: |
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Bloomberg, VentureBeat, Engadget, Protocol, The Verge, PC Gamer, GameSpot, Rock, Paper, Shotgun, MSPoweruser, thegamer.com, and Forbes
| Will Evans / Wired: |
Internal docs and sources detail Amazon's careless handling of its retail customer data, including letting some low-level staff snoop on celebrity purchases — Voyeurs. Sabotaged accounts. Backdoor schemes. For years, the retail giant has handled your information less carefully than it handles your packages.
More:
Protocol, Fast Company, and Insider
Tweets: @brbarrett, @wired, @glichfield, @chengela, @lilyhnewman, @a_greenberg, @juokaz, @shiraovide, @nicklucchesi, @thalassa_gray, and @hypervisible
| Mark Di Stefano / The Information: |
Memo: Tim Cook tells employees that Apple will let them work remotely for up to four weeks per year and sets a February 1 return to office goal — Apple will let employees work for up to four weeks remotely each year as the iPhone giant prepares for the company to gradually return to offices in 2022 …
More:
NBC News, Bloomberg, iThinkDifferent, San Francisco Business Journal, CRN, The Verge, CNET, Protocol, MacRumors, AppleInsider, 9to5Mac, The Mac Observer, and Thurrott
Tweets: @markdistef, @zoeschiffer, and @markdistef
| Michael del Castillo / Forbes: |
Winklevoss' cryptocurrency exchange Gemini raises $400M led by Morgan Creek Digital at a $7.1B valuation — After seven years of funding their Gemini cryptocurrency empire out of pocket, Tyler and Cameron Winklevoss are in the process of signing the last documents on their first round of capital …
More:
Bloomberg, PYMNTS.com, Decrypt, Blockworks, PR Newswire, The Block, Crypto Briefing, cryptodaily.co.uk, and CoinDesk
Tweets: @0xsisyphus, @desoprotocol, @katie_roof, @randalllane, @thestalwart, @chris_skinner, @alex, and @mikulaja
| Wall Street Journal: |
A coalition of nine state AGs, including those from MA, NY, NJ, FL, and CA, is investigating how Instagram attracts and affects young people — Move raises pressure on parent company Meta Platforms, formerly called Facebook, over the potential harms to its users
More:
New York Times, Washington Post, Insider, NY State Attorney General, Attorney General Doug Peterson, CNET, The Guardian, PA Office of Attorney General, Protocol, NPR, Engadget, Axios, Financial Times, and New York Post
Tweets: @cat_zakrzewski, @rogoway, @paattorneygen, @agalanwilson, @newyorkstateag, @mikeisaac, @paulwsj, and @massago
| Omar Abdel-Baqui / Wall Street Journal: |
If ConstitutionDAO wins Thursday's US Constitution auction, it faces practical issues about how to pay, who picks it up, ownership, and where to display it — A group of friends in the cryptocurrency world are repurposing digital tools to make a run at a rare analog document up for auction Thursday
More:
New York Times, Decrypt, DeCential, NBC News, BBC, and Crypto News Flash
| Sarah Perez / TechCrunch: |
Spotify expands real-time lyrics to all users globally in partnership with Musixmatch, after initially launching in 26 markets — After years of ignoring consumer demand for in-app lyrics, particularly in the U.S., Spotify announced today it will make a new Lyrics feature available to all global users …
More:
Spotify, USA Today, iThinkDifferent, Android Police, Android Central, The Verge, Droid Life, MSPoweruser, Pocket-lint, 9to5Google, iDownloadBlog.com, TechSpot, 9to5Mac, iPhone in Canada Blog, Digital Trends, Engadget, Variety, KnowTechie, Fast Company, XDA Developers, CNET, and BetaNews
Tweets: @eldsjal, @mehedih_, and @spotifynews
| Amelia Lucas / CNBC: |
Starbucks and Amazon partner to launch Starbucks Pickup with Amazon Go in Manhattan using Amazon's Just Walk Out tech — - Starbucks is opening a pick-up cafe in midtown Manhattan with Amazon that uses the retail giant's cashierless technology. — It's the latest step in Starbucks' strategy …
More:
Starbucks Newsroom, Benzinga, The Verge, CNN, TechCrunch, Pocket-lint, Gizmodo, PYMNTS.com, Forbes, Tamebay, CNN, Agence France-Presse, and GeekWire
Tweets: @lesliejosephs, @silviakillings, @migold, @mattyglesias, and @jbarro
| Henry Powderly / Search Engine Land: |
Twitter quietly updates its developer guidelines to say AMP support will be phased out by Q4; some publishers have reported months of lower Twitter referrals — With social media referrals to AMP pages cut down by the change, the reasons for supporting AMP are getting fewer.| Bryan Walsh / Axios: |
OpenAI makes the API for GPT-3 generally available in supported countries — The artificial intelligence research company OpenAI will eliminate the waiting list for access to the API of its natural language processing program (NLP) GPT-3. — Why it matters: The move will accelerate access … | Manish Singh / TechCrunch: |
Paytm falls 27% in its trading debut in India, giving it a market valuation of $14.9B, after raising $2.5B in its IPO — Indian fintech giant Paytm, backed by SoftBank and Alibaba, lost more than 27% in its first day of trading Thursday. The valuation of the firm, which raised $2.5 billion …
More:
Benzinga, PYMNTS.com, The Economic Times, Financial Times, Bloomberg, Inc42 Media, Forbes, Wall Street Journal, Tech Xplore, and BBC
Tweets: @mugdhacnbctv18, @s4sukhdeep, @chandrarsrikant, @cnbctv18news, @deepakshenoy, and @chandrarsrikant
| Bloomberg: |
Q&A with AWS CEO Adam Selipsky on plans for sector-specific products, such as health care and telecom, a shift from Andy Jassy's one-size-fits-all approach — In an interview with Bloomberg TV, Adam Selipsky says a new push to build targeted cloud services for the healthcare … | Aisha Malik / TechCrunch: |
Grammarly, which helps users improve their writing with its AI assistant, raises $200M at a $13B valuation — Grammarly, the popular auto-editing tool for writing, has raised $200 million in funding at a $13 billion valuation from new investors including Baillie Gifford and funds and accounts managed by BlackRock, among others.
More:
SiliconANGLE, VentureBeat, CNBC, Coinspeaker, Silicon Republic, Silicon Canals, and Bloomberg
Tweets: @pjozefak, @danprimack, @ms_zamandlovu, @lucianadrian, @nicolas_colin, @campuscodi, @abnormalreturns, @ncsh, @jeffnolan, @clemnt, @grammarly, @jfslowik, @pt, and @markdistef
| Coco Liu / Bloomberg: |
Alibaba misses with Q2 sales of $31.4B, up 29% YoY but below $32.1B estimates, as net income reached $846M, down 81% YoY — - Outlook fell short as quarterly sales numbers missed estimates — China's e-commerce leader struggling with slowing consumption
More:
Tech in Asia, CNBC, Financial Times, Wall Street Journal, South China Morning Post, and ZDNet
| Nilay Patel / The Verge: |
Q&A: Brian Chesky on how he restructured Airbnb during the pandemic, running a public company, crypto, the metaverse, working with Jony Ive's LoveFrom, and more — Airbnb CEO Brian Chesky prides himself on thinking very differently than other CEOs, and his answers to the Decoder questions … | Richard Waters / Financial Times: |
During its Q3 earnings call, Nvidia said the FTC “expressed concerns” about its Arm acquisition, adding to regulatory pressure from the UK and the EU — Chipmaker discloses FTC highlighted potential objections, adding to UK and European scrutiny of the deal
More:
Nvidia, Ars Technica, Windows Central, Tom's Hardware, CNBC, Benzinga, PCMag, and Telecompaper
Tweets: @skundojjala and @quinnypig
| Byron Tau / Wall Street Journal: |
In a letter to Sen. Wyden, data broker Mobilewalla says it was the source of some data used by the DHS, IRS, and US military for warrantless tracking of devices — Mobilewalla CEO writes to U.S. senator investigating location brokers: ‘Selling mobile device data for use by law enforcement agencies is not our business model’| Wall Street Journal: |
Ford partners with GlobalFoundries to develop chips, but offers few concrete details — Stung by semiconductor shortage, Detroit's two biggest car companies are looking to align with computer-chip makers to develop and potentially manufacture chips — Detroit's two biggest auto makers …
More:
Bloomberg, The Verge, Ars Technica, GlobalFoundries Newsroom, Protocol, Financial Times, New York Times, Washington Post, Reuters, Engadget, Automotive News, and CNBC
Tweets: @jeffnolan, @lisaabramowicz1, @fmbutt, @jimfarley98, and @rycon
| Ron Miller / TechCrunch: |
Kandji, which offers remote Apple device management, raises a $100M Series C led by Tiger Global at an $800M valuation, bringing its total funding to $188M+ — Kandji, the startup building an Apple device management business, has been doing pretty well for itself with rapdily growing revenue …
More:
9to5Mac, VentureBeat, GlobeNewswire News Room, SiliconANGLE, and iMore
| Igor Bonifacic / Engadget: |
Nreal says its Light mixed reality glasses will launch in the US for $599 on November 30 in 20 Verizon stores and online December 2 — After debuting in Korea last year, Nreal's Light mixed reality glasses are finally making their way to the US. Starting on November 30th …
More:
Tom's Hardware, VentureBeat, The Information, The Verge, UploadVR, XDA Developers, and Android Headlines
| David McCabe / New York Times: |
Local governments across the US, including in Texas and Arizona, are offering deals to chipmakers to build plants, seeking to capitalize on the shortage — Many local governments see a silver lining in the shortage of semiconductor chips that has contributed to a slowdown in the global economy.| Kyle Wiggers / VentureBeat: |
Nexar, which is developing an analytics service for car dash cam footage, raises a $53M Series D led by Qumra Capital, bringing its total funding to $150M — Nexar, a startup developing an analytics service on top of car dash cam footage, today announced that it raised $53 million … | Stefanie Marotta / Bloomberg: |
Canada arrests a teenager for allegedly stealing $36.5M in crypto from a US victim using SIM swapping, the largest reported single-person crypto theft — - Case marks the biggest crypto theft reported by one person — Police identified the alleged thief through a gaming username
More:
Hamilton Police, CNET, CTV News, Engadget, PCMag, and Decrypt
Tweets: @thegrugq, @stefaniemarotta, and @s_m_i
| Alexander Osipovich / Wall Street Journal: |
US judge dismisses a lawsuit accusing Robinhood of colluding with Citadel Securities to stop investors from buying GameStop and other meme stocks in January — Ruling says evidence found by investors' lawyers wasn't strong enough to support accusations of illegal collusion
Tweets: @anthony
| Kyle Wiggers / VentureBeat: |
Lacework, which offers automated cloud security tools for containers and more, raises $1.3B led by Tiger Global and others at an $8.3B post-money valuation — Lacework, a developer of automated containerized workload defense and compliance solutions, today announced that it closed …
More:
Reuters, ZDNet, SecurityWeek, CRN, SiliconANGLE, Silicon Valley Business …, and Lacework. Tweets: @cybersecuritysf
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