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November 25, 2021, 2:55 AM
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| New York Times: |
Adam Mosseri agrees to testify about Instagram's effects on teenage users before a Senate Commerce subcommittee during the week of December 6 — Adam Mosseri, the head of Instagram, has agreed for the first time to testify before Congress, as bipartisan anger mounts over harms to young people from the app.| Michael McSweeney / The Block: |
Coinbase acquires crypto wallet startup BRD and says BRD wallet users will have the option to migrate to the Coinbase wallet in 2022 — Crypto exchange Coinbase has acquired the crypto wallet startup BRD, according to a notice from its leadership team. — In a letter address …
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BRD, CoinDesk, PYMNTS.com, CryptoPotato, Crypto Briefing, TechCrunch, SiliconANGLE, and Cointelegraph
Tweets: @coinbasewallet, @spencerchen, @cointelegraph, @surojit, @cointelegraph, @sid_coelho, and @brdhq
| Nathaniel Mott / PCMag: |
Check Point details MediaTek DSP firmware vulnerabilities in some Android smartphones that could be exploited to eavesdrop; MediaTek released patches in October — Check Point Research discovers a vulnerability in the digital signal processor found in MediaTek's system-on-chip offerings.| Wall Street Journal: |
Verizon and AT&T offer to reduce the power coming from 5G towers for six months as the FAA examines possible aircraft interference — Wireless operators said they will limit the strength of service while regulators review the impact on planes and helicopters
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CNET, Light Reading, The Hill, Bloomberg, Neowin, Engadget, Android Central, Digital Trends, PhoneArena, Notebookcheck.net, AppleInsider, The Verge, and Reuters. Tweets: @mporielly
| Sergiu Gatlan / BleepingComputer: |
A Windows 10 and Windows 11 exploit allows an attacker with physical access to gain SYSTEM privileges, bypassing Microsoft's patch from earlier this month — Malware creators have already started testing a proof-of-concept exploit targeting a new Microsoft Windows Installer zero …
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Gizmodo, Tom's Hardware, SlashGear, Tom's Guide, Digital Trends, TechSpot, Threatpost, Pureinfotech, PCMag, BetaNews, Gizchina, and MSPoweruser
Tweets: @talossecurity and @gossithedog
| Malique Morris / The Information: |
Poshmark's market cap is now $1.4B, a 50%+ drop from its January IPO, as revenue growth slowed to 16% in Q3, down from 42% in Q1, amid Apple's privacy changes — This should be Poshmark's moment. The online merchant is at the center of a burgeoning social shopping explosion …
Tweets: @theinformation, @luxeoflique, @carnage4life, and @sarthakgh
| Hans Nichols / Axios: |
Sources: five Democratic senators told the White House they oppose crypto critic Saule Omarova, Biden's pick to lead the OCC, effectively killing her nomination — Five Democratic senators have told the White House they won't support Saule Omarova to head the Office of the Comptroller of the Currency …
Tweets: @kurtschlichter, @samadlerbell, @emperoreagan, @axios, @maxkennerly, @taniel, @davidgura, and @kerpen
| Demetri Sevastopulo / Financial Times: |
The US places a dozen Chinese groups developing quantum computing, semiconductor, and aerospace technologies on an entity list, blocking exports to them — Move reflects mounting concern Beijing could acquire encryption-busting technologies from US groups — The US has placed …
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CNBC, U.S. Department of Commerce, The Overspill, Reuters, Engadget, Financial Times, South China Morning Post, and CNET
Tweets: @aadilbrar and @martijnrasser
| Alexandra Bruell / Wall Street Journal: |
Q&A with Christie's head of marketing Neda Whitney on selling NFTs, expanding beyond traditional high-value artwork, the metaverse, and more — Neda Whitney, Christie's head of marketing for the Americas, talks about demystifying nonfungible tokens, showing up in the metaverse and reaching … | Jabari Young / CNBC: |
WatchBox, an online marketplace for buying, selling, and trading luxury watches, raises $165M from investors including Michael Jordan and Giannis Antetokounmpo — - WatchBox, a secondary marketplace for watches, attracted Michael Jordan and Giannis Antetokounmpo, as well as other athletes … | Reuters: |
Chinese state media says a regulator told Tencent to submit any new apps or updates for inspection through December 31; Tencent says its apps remain functional — Tencent Holdings' (0700.HK) apps remain functional and available for download, the company said on Wednesday in response …
More:
South China Morning Post, The Record, Bloomberg, thegamer.com, Financial Times, and Slashdot. Tweets: @amytongwu
| Financial Times: |
Refinitiv: Southeast Asian fintech companies have raised ~$3B across 80 deals so far in 2021, more than in 2020 and 2019 combined — Consumers turn to mobile banking and ecommerce during pandemic, fuelling investor interest — Investors have pumped record amounts into south-east Asian …
Tweets: @johnreedwrites
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