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November 30, 2021, 3:20 PM
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| Jon Porter / The Verge: |
UK's CMA orders Meta to sell Giphy, after finding the deal could harm rival platforms by denying access to GIFs, social media users, and UK advertisers — After its investigation found it could harm competition — The UK's competition regulator has officially ruled that Facebook parent …
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GOV.UK. More:
Wall Street Journal, Axios, Reuters, The Guardian, The Guardian, Financial Times, Pocketnow, SiliconANGLE, Ars Technica, PYMNTS.com, Sky News, Bloomberg, BBC, Financial Times, CNET, NBC News, Android Central, Mashable, MobileSyrup, Insider, London Evening Standard, CNN, Reuters, Silicon Republic, TechSpot, TechCrunch, Variety, Forbes, Engadget, MSPoweruser, and CNET
Tweets: @cmagovuk, @javierespft, @alecmuffett, @s8mb, @jamesrbuk, @psythor, @danprimack, @s8mb, @jamestitcomb, @s8mb, @martinsfp, @jamestitcomb, @jbenton, @cmagovuk, @darrenpjones, @s8mb, @tomwarren, @alexmartin, @basche42, and @toadsanime
| Kris Holt / Engadget: |
Twitter bans sharing private images and videos without consent, with exceptions for newsworthiness and public figures, and will remove content that users report — Twitter has expanded its private information policy to include media, banning users from sharing photos or videos of a private individual without their permission.
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Twitter, Twitter Help Center, CNET, The Hill, Gizmodo, VICE, Slashdot, The Economic Times, Insider, The Verge, and Search Engine Journal
Tweets: @twittersafety, @twittersafety, @twittersafety, @twittersafety, @twittersafety, @twittersafety, @twittersafety, @imao_, @etbrooking, @noupside, @willmenaker, @vv1lder, @josephfcox, @paulg, @ecrumrine, @kyriacosonyx, @mmasnick, @kirkwrites79, @digiphile, @alyssafarah, @evan_greer, @carnage4life, @dloesch, @bergealex4, @drivenbyboredom, @blackamazon, and @cwarzel
| Casey Newton / The Verge: |
Possible reasons Dorsey stepped down, including activist investors and disinterest in the role, and what to expect from Parag Agarwal, who has focused on crypto — Theories on why now, and what to expect from Parag Agrawal's Twitter — This story is part of a group of stories called
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New York Times, Wired, Noahpinion, Washington Post, The Economic Times, and NBC News
Tweets: @russellbrandom, @madmanweb, @francoolivera, and @digiphile
| Ben Thompson / Stratechery: |
Twitter should consider changing its business model as its ad revenue remains weak, despite its locked-in userbase, indispensability, and impenetrable moat — From CNBC: … On one hand, congratulations to Twitter for its first non-messy CEO transition in its history; on the other hand … | CNBC: |
Twitter CEO Jack Dorsey resigns, CTO Parag Agrawal takes over effective immediately; Dorsey to quit the board in 2022, Salesforce's Bret Taylor to become chair — Twitter CEO Jack Dorsey is stepping down as chief of the social media company, effective immediately.
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Bloomberg, International Business Times, Financial Times, Vanity Fair, New York Times, NPR, Fortune, TechCrunch, Engadget, Wall Street Journal, Neowin, Protos, ZeroHedge, Tech.co, Axios, Light Reading, Android Central, Benzinga, Bitcoin News, Micky, CoinGeek, The Economic Times, CNET, Coinspeaker, ExchangeWire.com, BitcoinExchangeGuide, Livemint, WeRSM, Reuters, BGR India, Pocketnow, Politico, fossbytes.com, TechCabal, MediaNama, American Banker, BBC, Thurrott, and Silicon Canals
Tweets: @paraga, @jack, @patrickc, @jack, @elonmusk, @sundarpichai, @kfile, @alexeheath, @gautam_adani, @alexeheath, @ritholtz, @alexeheath, @caseynewton, @sam_l_shead, @techemails, @donie, @d_lux_brand, @stejormur, @kantrowitz, @parkermolloy, @dril, @kantrowitz, @thedailyshow, @maxkennerly, @pierce, @suhelseth, @malemayehou, @chandrarsrikant, @nisharotech, @varunkrish, @tomgara, @smalter, @epro, @panzer, @neerajka, @sherman4949, @danprimack, @milessuter, @zei_squirrel, @cz_binance, @btaylor, @byyourlogic, @jaboukie, @balajis, @ilanmuskat, @alexisohanian, @ericnewcomer, @pt, @stshank, @carnage4life, @carnage4life, @sahilriz, @sidin, @mmasnick, @rmac18, @mattocko, @mathewi, @rmac18, @caseynewton, @levie, @ggreenwald, @danprimack, @kellymakena, @kellymakena, @pkafka, @krangtnelson, @panzer, @seldo, @kateconger, @panzer, @44, @laurengoode, @danprimack, @matt_levine, @marklittlenews, @shreyaghoshal, @kurtwagner8, @caseynewton, @sherman4949, @rmac18, @pt, @llsethj, @sriramk, @pranavdixit, @levie, @sirsteven, @rmac18, @ceciliakang, @mgsiegler, @techledes, @nedsegal, @felixsalmon, @strngwys, @markmilian, @ishanagarwal24, and @joshelman
| New York Times: |
Profile of Twitter's new CEO Parag Agrawal, little known to the public and a Jack Dorsey confidant who has been involved in many big strategic initiatives — A longtime Twitter insider and a confidant of co-founder Jack Dorsey, Mr. Agrawal takes over as the social media company confronts various challenges.
More:
Bloomberg, Fortune, The Verge, Tech in Asia, The Guardian, Micky, The Economic Times, CoinDesk, Protocol, and BBC
| Kurt Wagner / Bloomberg: |
David Marcus, the co-creator of Diem who spent the last few years building the Novi wallet, is leaving Meta at the end of 2021 to pursue other projects — Marcus, who joined the tech giant in 2014, has struggled to get the Diem currency off the ground — David Marcus, one of the top executives …
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The Block, The Verge, Financial Times, New York Times, Finextra, Protocol, TechCrunch, Engadget, Decrypt, and CoinDesk
Facebook: David Marcus. Tweets: @davidmarcus, @davidmarcus, @business, @thestalwart, @brianmcc, @davidmarcus, @davidmarcus, @davidmarcus, @davidmarcus, @davidmarcus, @caseynewton, and @jyarow
| Frederic Lardinois / TechCrunch: |
AWS says four of its cloud-based analytics services, Redshift, EMR, MSK, and Kinesis, are now available as serverless and on-demand services in public preview — At its re:Invent conference, AWS today announced that four of its cloud-based analytics services, Amazon Redshift, Amazon EMR … | Aisha Malik / TechCrunch: |
Amazon unveils AWS Private 5G, a service providing hardware, software, and SIMs for deploying private mobile networks, without upfront or per-device charges — At Amazon's AWS re:Invent conference this morning, the company announced the preview of “AWS Private 5G,” which is a new service … | Frederic Lardinois / TechCrunch: |
AWS launches its ARM-based Graviton 3 processor, claiming it will be 25% faster than Graviton 2 and three times faster for ML workloads — At its annual re:Invent conference, AWS today announced the newest generation of its Arm-based Graviton processors: the Graviton 3.
More:
AWS News Blog, Protocol, SiliconANGLE, VentureBeat, ZDNet, and TechRadar. Tweets: @caseynewton
| Frederic Lardinois / TechCrunch: |
Amazon unveils SageMaker Canvas, which lets business users build ML prediction models with a point-and-click UI, following similar offerings by Azure and others — AWS today announced a new machine learning service, Amazon SageMaker Canvas. Unlike its existing machine learning services …
More:
AWS News Blog and VentureBeat
| Todd Bishop / GeekWire: |
SEC filing: Satya Nadella last week sold half his Microsoft stock, worth over $285M, before Washington state implements its new capital gains tax on January 1 — Microsoft CEO Satya Nadella sold half of his stake in the company in a series of transactions last week, divesting about 840,000 shares … | Dan Goodin / Ars Technica: |
Microsoft's inclusion of buy-now-pay-later app Zip in Edge is seen by some as heavy-handed, adding bloatware that may lessen the browser's privacy and security — “This all feels extremely unnecessary for a browsing experience,” one user says. — Microsoft is taking a lot of flak …
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The Register, MUO, and gHacks Technology News
| Michael del Castillo / Forbes: |
Privacy-focused cryptocurrency startup Iron Fish, which launched its IRON coin in April 2021, raises a $27.6M Series A led by a16z — Elena Nadolinski grew up in Volgograd, Russia playing on the shells of abandoned tanks and decommissioned battleships, following the collapse of the Soviet Union.
Tweets: @forbescrypto, @delrayman, and @eladgil
| Kati Pohjanpalo / Bloomberg: |
Finland is working to stop millions of text messages with links to the FluBot malware, which started spreading late last week — Finland is working to stop a flood of text messages of an unknown origin that are spreading malware. — The messages with malicious links to malware called FluBot number … | Jiyoung Sohn / Wall Street Journal: |
South Korean company Naver, which runs the popular Zepeto metaverse platform with 3D avatars, raises a $150M Series B at a $1B valuation from Vision Fund 2 — Naver's Zepeto, boasting a base of young female users, attracts $150 million SoftBank investment, valuing it at more than $1 billion| Kyle Wiggers / VentureBeat: |
Amazon announces AWS IoT TwinMaker to help developers create digital twins of real-time systems like buildings, factories, equipment, and product lines — Amazon today announced Amazon Web Services (AWS) IoT TwinMaker, a new service designed to make it easier for developers to create digital twins …
More:
TechCrunch and Internet of Things News
| Kyle Wiggers / VentureBeat: |
More:
AWS News Blog, cloudpro.co.uk, Silicon Republic, All Things Distributed, and TechCircle. Tweets: @awscloud
| Charity L. Scott / Wall Street Journal: |
Adobe: US consumers spent $7.1B online by 9PM ET on Cyber Monday, below expectations and down from $10.8B in 2020, as many shoppers returned to physical stores — Online retailers offered fewer discounts because of limited inventory, while more shoppers returned to stores
More:
CNBC, CNBC, Total Retail, and Reuters
Tweets: @laurenthomas, @cortessteve, @ourmaninchicago, @ron_miller, and @ritholtz
| Rebecca Bellan / TechCrunch: |
CloudTrucks, which helps truck operators manage cash flow, insurance, and more, raises a $115M Series B led by Tiger Global, bringing its total funding to $142M — CloudTrucks wants to use technology to help trucking entrepreneurs operate their business: The California-based startup sells …
More:
PYMNTS.com, FinSMEs, and Forbes
| Lee Mathews / Liliputing: |
The Amazon Appstore and apps downloaded from it are broken on Android 12, despite the new OS version launching over a month ago — As much as we'd like it to be, Installing a major operating system update isn't always the most trouble-free process. Even if everything does go well with the update itself … | Dan Goodin / Ars Technica: |
Researchers find Google Play apps with 300K+ downloads that stole bank credentials, posing as QR and PDF scanners, exercise apps, and cryptocurrency wallets — Crooks find new ways to prevent Google from detecting malicious packages. — Researchers said they've discovered a batch … | Sheelah Kolhatkar / New Yorker: |
Profile of FTC Chair Lina Khan, as some longtime staffers worry she is underestimating the risks of pursuing aggressive antitrust cases that are likely to fail — As monopolies and other large companies gain increasing control of our daily lives, Khan is Joe Biden's pick to do something about it.
Tweets: @davidmwessel, @michaelluo, @sheelahk, @econliberties, and @daviduberti
| Mary Ann Azevedo / TechCrunch: |
Fundbox, which offers SMBs up to $150K in lines of credit using AI to automate loan decisions, raises a $100M Series D at a $1.1B valuation — Fundbox, a company that offers loans to small businesses, announced today it has raised $100 million in a Series D round at a valuation of $1.1 billion.| Anita Ramaswamy / TechCrunch: |
Chicago-based ThreeFlow, which offers tools to insurance brokers selling employee benefits, raises a $45M Series B led by Accel after an $8M Series A in January — ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding.
More:
Chicago Business Journal, FinSMEs, and pitchbook.com
| Amy Dobson / Forbes: |
Lessen, which offers a marketplace for every stage of home services and repair, raises a $170M Series B at a $1B+ valuation led by Fifth Wall — The home services marketplace Lessen, which is geared towards facilitating the logistics for every stage of home services and repair for both residents …
More:
SiliconANGLE, The Real Deal New York, FinLedger, and GeekWire
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