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November 30, 2021, 2:50 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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Tweets: @paraga, @jack, @jack, @patrickc, @elonmusk, @kfile, @alexeheath, @sundarpichai, @alexeheath, @sam_l_shead, @caseynewton, @ritholtz, @donie, @techemails, @alexeheath, @stejormur, @kantrowitz, @parkermolloy, @thedailyshow, @pierce, @gautam_adani, @panzer, @alexisohanian, @danprimack, @danprimack, @matt_levine, @micsolana, @kurtwagner8, @carnage4life, @sonalibasak, @laurengoode, @maxkennerly, @sirsteven, @mattocko, @44, @jyarow, @zei_squirrel, @pt, @seldo, @btaylor, @panzer, @pt, @jamesrbuk, @kt_so_it_goes, @rmac18, @sherman4949, @rmac18, @felixsalmon, @jimwaterson, @malemayehou, @sherman4949, @danprimack, @chandrarsrikant, @ceciliakang, @yoda, @sam_l_shead, @nic__carter, @mgsiegler, @marklittlenews, @rmac18, @pranavdixit, @phil_lewis_, @byyourlogic, @kellymakena, @triketora, @sam_l_shead, @tomgara, @kateconger, @mmasnick, @suhelseth, @sherman4949, @mims, @iansherr, @strngwys, @jamestitcomb, @danprimack, @janewakefield, @johnbiggs, @markmilian, @levie, @rmac18, @trungtphan, @carnage4life, @sherman4949, @joshelman, @ivanthek, @panzer, @levie, @shreyaghoshal, @b_fung, @ilanmuskat, @jamesliamcook, @can, @rachelking, @caseynewton, @sidin, @sahilriz, @seldo, @balajis, @ldrogen, @pkafka, @nedsegal, @carnage4life, @pinboard, @mathewi, @smalter, @cz_binance, @thestalwart, @sarafischer, @sriramk, @tomwarren, @stshank, @krangtnelson, @ggreenwald, @stevekovach, @llsethj, @charlesarthur, @ishanagarwal24, @thestalwart, @neerajka, @ryan_browne_, @milessuter, @techledes, @epro, @davidzmorris, @lanceulanoff, @varunkrish, @ceciliakang, @zr1trader, @nisharotech, @kellymakena, @caseynewton, @packym, @kantrowitz, @sarafischer, @pinboard, @strngwys, @jaboukie, and @ericnewcomer
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.
Casey Newton / The Verge:
Twitter employees speculate why Jack Dorsey stepped down and what to expect from Parag Agarwal, who is among the company's most crypto-focused executives  —  Theories on why now, and what to expect from Parag Agrawal's Twitter  —  This story is part of a group of stories called
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.
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 …
Kyt Dotson / SiliconANGLE:
Mainframe Industries, which develops cloud-native MMOs, raises a $23M Series B led by Andreessen Horowitz, bringing its total funding to $33.7M  —  Mainframe Industries, the startup behind the first cloud-native massively multiplayer online game, today announced it has raised $23 million in new funding led by Andreessen Horowitz.
Kyle Wiggers / VentureBeat:
Quinyx, which helps companies with gig work scheduling, raises a $50M Series C led by Battery Ventures at a $550M valuation, bringing its total 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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From Mediagazer

Brian Stelter / CNN:
In a letter to Bob Iger, incoming FCC Chair Brendan Carr raised concerns about ABC's negotiations with its affiliated stations, public trust in media, and more

Todd Spangler / Variety:
Fubo says TelevisaUnivision has pulled its networks from Fubo and that TelevisaUnivision offered terms “that would increase prices by 25%” for Fubo subscribers

Cecilia D'Anastasio / Bloomberg:
Riot Games says it spent $250M on an unusual deal to finance two seasons of League of Legends show Arcane on Netflix; sources: there was no plan to recoup costs

More News

Annie Palmer / CNBC:
The Retail, Wholesale and Department Store Union says the NLRB has authorized a new election for Amazon warehouse workers in Alabama
Reuters:
Documents: China's Henan province commissions a 3,000-camera surveillance system to track journalists, international students, and other “suspicious people”

Earlier Picks

Tom Lowrey / ABC:
Australia PM Scott Morrison proposes defamation legislation that would mandate social media companies reveal the identities of anonymous trolls or face fines
Natasha Lomas / TechCrunch:
Thought Machine, which helps banks launch cloud-based services, raises a $200M Series C led by Nyca Partners at a $1B+ valuation
Financial Times:
Sources: UK's CMA is expected to block Meta's proposed acquisition of Giphy in the coming days
Chance Miller / 9to5Mac:
Gurman: Apple is still working on a multi-device charger, other short and long-distance wireless chargers, and reverse wireless charging for its devices
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