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November 30, 2021, 7:20 AM
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| 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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| 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.
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Bloomberg, The Verge, The Guardian, International Business Times, The Economic Times, Tech in Asia, CoinDesk, San Francisco Business Journal, Protocol, fossbytes.com, Reuters, and Decrypt
Tweets: @kunalb11, @newley, @willoremus, @madhavchanchani, @devashishmitra_, @notparagagrawal, @mmasnick, @marshallk, and @chandrarsrikant
| 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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The Economic Times, Gizmodo, Noahpinion, Wired, Washington Post, International Business Times, and The Information
Tweets: @madmanweb and @digiphile
| Jon Porter / The Verge: |
UK's CMA says Meta must sell Giphy, after finding the deal could harm social media users, rival platforms by denying access to GIFs, 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:
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Tweets: @cmagovuk, @s8mb, @javierespft, @darrenpjones, @toadsanime, @martinsfp, @s8mb, @s8mb, @s8mb, @tomwarren, @basche42, @cmagovuk, @jamestitcomb, @jamestitcomb, @psawers, and @alexmartin
| 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 …
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ThreatFabric, fossbytes.com, ZDNet, Threatpost, The Record, and The Hacker News. Tweets: @campuscodi
| Natasha Lomas / TechCrunch: |
Citing “alleged serious breaches” of data protection laws, UK's ICO notifies Clearview AI of its provisional intention to fine the company £17M+ — Controversial facial recognition company Clearview AI is facing a potential fine in the UK.
Source:
ICO. More:
BBC, Engadget, Silicon Republic, New York Times, The Register, Bloomberg, Privacy International, The Guardian, iTnews, and BuzzFeed News
Tweets: @iconews, @treiziemesalope, @privacyint, @rmac18, @rmac18, @rmac18, @zackwhittaker, and @vmanancourt
| Kyle Wiggers / VentureBeat: |
Amazon debuts AWS IoT RoboRunner to simplify building apps for managing robot fleets and AWS Robotics Startup Accelerator to offer AWS credits and expert advice — At a keynote during its Amazon Web Services (AWS) re:Invent 2021 conference today, Amazon launched AWS IoT RoboRunner … | Catherine Shu / TechCrunch: |
Endowus, a Singapore-based robo-advisor app, raises $25.6M to bring its total funding to $49M, as it looks to speed up its hiring for geographic expansion — Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest.
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ZDNet, Endowus Insights, Fintech Singapore, and Tech in Asia
| Kyle Wiggers / VentureBeat: |
Stockholm-based Quinyx, which helps companies schedule gig work, raises $50M Series C led by Battery Ventures at $550M valuation, bringing its funding to $89M+ — Quinyx, a platform for gig work scheduling and time reporting, today announced that it raised $50 million in funding led by Battery Ventures at a $550 million valuation.
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FinSMEs, Tech.eu, and Silicon Canals
| Brandy Betz / CoinDesk: |
Former Citi exec Matt Zhang announces Hivemind Capital Partners, a $1.5B VC fund to invest in blockchain startups, selects Algorand as a strategic partner — Hivemind Capital Partners, founded by former Citi exec Matt Zhang, announced its inaugural $1.5 billion venture fund to invest in blockchain and digital asset ecosystems.
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PR Newswire, Coinspeaker, The Daily Hodl, Finextra, Blockworks, and Cointelegraph
| Finextra: |
London-based Plum, a money management app, raises a $24M Series A from dmg ventures and others, bringing its total funding to $43M — Plum, Europe's ultimate money management app, has successfully raised a total of $24 million from a Series A funding round that will help propel …
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EU-Startups
| Charity L. Scott / Wall Street Journal: |
Adobe: online US consumers spent $7.1B on Cyber Monday, below expectations and down from $10.8B in 2020, as many shoppers return to physical stores — Online retailers offered fewer discounts because of limited inventory, while more shoppers returned to stores
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Total Retail, Reuters, and The Independent
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