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December 1, 2021, 1:25 PM
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| Tom Warren / The Verge: |
Microsoft announces Teams Essentials, a standalone version of Teams for SMBs with a simplified UI, focus on meetings, and no Office apps for $4 per user/month — This standalone version of Teams is even more of a Zoom competitor — Microsoft is creating its first standalone version of Microsoft Teams for small businesses.
More:
Microsoft 365 Blog, PCMag, Microsoft, Engadget, BetaNews, Windows Central, ZDNet, MobileSyrup, XDA Developers, Protocol, OnMSFT.com, and Digital Trends
Tweets: @microsoftteams and @xparacha
| Kevin Roose / New York Times: |
Jack Dorsey joins other tech leaders who seem to have grown tired of managing their platforms, amid increasing political controversy and hard-to-fix problems — Jack Dorsey, who is stepping down after six years as Twitter's chief executive, is one of the tech leaders who seem to have grown tired of managing their empires.
More:
Washington Post, CNBC, Livemint, and Axios
Tweets: @paraga, @kevinroose, @d_lux_brand, @dkthomp, @timklimes, @nytimestech, @carnage4life, @jaskiratsb, @unblockedfuture, and @csmap_nyu
| 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.
Source:
Twitter. More:
Twitter Help Center, New York Times, TechCrunch, CNN, TNW, TechRadar, MediaNama, The Hacker News, BGR India, Livemint, and fossbytes.com
Tweets: @twittersafety, @twittersafety, @twittersafety, @twittersafety, @chadloder, @mmasnick, @bretweinstein, @wongmjane, @howardlindzon, @vitogesualdi, @tomfitton, @mtracey, @twittersafety, @bhweingarten, @matthewtyrmand, @ulonnaya, @carnage4life, @twittersafety, @twittersafety, @imao_, @etbrooking, @noupside, @willmenaker, @vv1lder, @cwarzel, @evan_greer, @dloesch, @kirkwrites79, @josephfcox, @alyssafarah, @bergealex4, @blackamazon, @ecrumrine, @kyriacosonyx, @drivenbyboredom, @digiphile, and @paulg
| Chaim Gartenberg / The Verge: |
Qualcomm unveils Snapdragon 8 Gen 1, with improved camera and AI processing and up to 20% better performance and 30% better power efficiency over Snapdragon 888 — Faster performance, better cameras, improved AI, and more — Qualcomm has a new flagship smartphone processor …
More:
Qualcomm, AnandTech, Laptop Mag, Axios, Thurrott, Digital Trends, Qualcomm, Telecoms.com, SemiAccurate, ZDNet, PCWorld, HotHardware.com News, 9to5Google, MobileSyrup, XDA Developers, Android Authority, Gizmodo, PCMag, TNW, TechCrunch, Notebookcheck.net, and Android Police
Tweets: @bryanbma, @dcseifert, @donnymac, @zhuowei, @anandtech, @nano_arun, @sadlyitsbradley, and @tech_edgete
| Tom Krazit / Protocol: |
Meta selects AWS as its “long-term strategic cloud provider”, a partnership that includes helping AWS customers run the PyTorch framework more effectively — The company formerly known as Facebook built an impressive array of computing infrastructure over the last decade.
More:
Associated Press, ZDNet, MarketScreener, and Devdiscourse News Desk
| Hugh Son / CNBC: |
| Sarah Perez / TechCrunch: |
TikTok adds monetization tools for creators, including Stripe-powered Tips and Video Gifts, starting in the US, the UK, Germany, France, Italy, and Spain — TikTok is today introducing new ways for its creators to make money from their content. While already, the short-form video platform allowed creators …
More:
Silicon Republic, PYMNTS.com, TikTok, and TikTok Creator Portal
| Bloomberg: |
Sources: China plans to ban companies from going public on foreign markets through variable interest entities, closing a loophole used by local tech companies — China is planning to ban companies from going public on foreign stock markets through variable interest entities …
More:
South China Morning Post, TechCrunch, Tech in Asia, and Reuters
Tweets: @dalperovitch, @dannycrichton, @bauhiniacapital, and @zichenwanghere
| Joanna Ossinger / Bloomberg: |
Crypto.com plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash — - Small Exchange is backed by Citadel, Peak6, Jump Capital — Cash deal is expected to be completed in first half of 2022
More:
Crypto.com, The Block, Financial Times, CoinDesk, Decrypt, Blockworks, Crypto Briefing, Cointelegraph, and Coinspeaker
| Jay Peters / The Verge: |
Reddit announces real-time features, including live upvote, downvote, and comment counts, typing indicators, and viewership figures for posts — You'll see typing indicators, too — Reddit is introducing some big changes on Wednesday by adding new real-time features.
More:
TechCrunch, 9to5Mac, Engadget, Protocol, Reddit Upvoted Blog, and Mashable
Tweets: @martinsfp and @reddit
| Yogita Khatri / The Block: |
1inch Network, which offers the popular DEX aggregator 1inch app, raises a $175M Series B led by Amber Group, bringing its total funding to $190M — Quick Take — 1inch Network has raised $175 million in a Series B funding round. — The project is looking to serve institutional customers …
More:
TechCrunch, CoinDesk, Forbes, Decrypt, Coinspeaker, Insider, Cointelegraph, and cryptodaily.co.uk
| Steven Levy / Wired: |
Q&A with Frances Haugen on becoming a whistleblower, leaving Facebook after moving to Puerto Rico due to health, Meta, plans to run simulated social networks — When the Wall Street Journal launched a series of explosive articles based on internal Facebook documents in September, people naturally wondered about the source.
Tweets: @dlberes, @giladedelman, @parismarx, and @stevenlevy
| Robin Pogrebin / New York Times: |
A look at Particle, founded by an ex-Christie's exec and others, which plans to split Banksy's Love Is in the Air into 10,000 pieces to be sold as NFTs — A former Christie's executive has joined cryptocurrency experts to create a company that purchases art and sells the fragments as NFTs.
More:
Axios and Business Wire
Tweets: @investvoyager, @shingolavine, @jayks17, @rpogrebin, @edzitron, and @avalancheavax
| Marty Swant / Forbes: |
The Facebook Papers offer glimpses into how users perceive Meta's ad products, like the impact of its reaction emojis, and the concerns raised by employees — The “Facebook Papers” have been revelatory when it comes to how the company formerly known as Facebook deals with content moderation and a wide variety of other issues.
Tweets: @joshsternberg, @martyswant, @martyswant, @franceshaugen, @forbes, and @martyswant. Thanks:@martyswant
| Annie Njanja / TechCrunch: |
Anchor, which offers cloud-based autonomous billing tools for companies, raises a $15M seed led by Rapyd Ventures and others — Companies often spend an incommensurate amount of time chasing overdue payments, which distracts them from their core businesses, and brings forth cash flow issues.
More:
Business Wire, PYMNTS.com, FinSMEs, and CTech
| Matt Grossman / Wall Street Journal: |
Match Group says it will pay $441M to settle claims by Tinder founders and execs that Match undervalued the app to avoid paying up to $2B in mid-2017 — Company says it would pay $441 million to plaintiffs, including dating app's co-founders — Match Group Inc. has settled a lawsuit filed …
More:
TechCrunch, The Verge, Engadget, Forbes, New York Post, Reuters, Financial Times, and Fortune
| Stacy Mitchell / Institute for Local Self-Reliance: |
Research: Amazon revenue from third-party sellers will reach $121B in 2021, up from $60B in 2019, as seller fees reach 34%, up from 30% in 2018 and 19% in 2014 — Amazon's dominance of online retail means that small businesses have little choice but to rely on its site to reach consumers.
More:
Vox. Tweets: @stacyfmitchell, @stacyfmitchell, @stacyfmitchell, @stacyfmitchell, @stacyfmitchell, @stacyfmitchell, @stacyfmitchell, and @stacyfmitchell
| Turner Wright / Cointelegraph: |
The NY Federal Reserve launches an innovation center to support the agency's analysis of digital currencies, including CBDCs, and improve cross-border payments — Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve's local offices.| Rest of World: |
Crypto trading volume in Indonesia this year reached ~$50B by October, up over 10x YoY, despite the government and the Ulema Council forbidding crypto payments — Crypto is booming on the archipelago. Its proponents aren't who you'd think — Ananda Badudu is 32 years old …
Tweets: @restofworld, @anxioushuxley, @blackamazon, @leomschwartz, @restofworld, and @lmatsakis
| Ross Young / Display Supply Chain Consultants: |
Foldable smartphone shipments reached a record 2.6M units in Q3, up 480% YoY, with Samsung accounting for 93% of shipments followed by Huawei at 6% — Austin, TX - — Q3'21 was a record quarter for foldable smartphone shipments as expected, given the successful launch of the Samsung Galaxy Z Flip 3 …
More:
TechSpot, Android Headlines, Android Central, MSPoweruser, and SamMobile
Tweets: @dsccross, @dsccross, and @joshuaswingle
| Mark Sweney / The Guardian: |
Niels Juul, who produced Scorsese's The Irishman, launches NFT Studios and plans to raise $8M-$10M to fund a feature film by selling 10,000 NFTs — Niels Juul hopes to raise up to $10m and says he wants to ‘democratise’ antiquated funding system — The executive producer behind blockbusters … | Yogita Khatri / The Block: |
Blockchain audit service CertiK raises an $80M Series B2, following $61M across B and B+ rounds, at a nearly $1B valuation led by Sequoia Capital — Quick Take — CertiK, a blockchain and smart contract auditing firm, has raised another $80 million. — The firm is now valued at nearly $1 billion.
More:
Blockworks, CoinDesk, ZDNet, SiliconANGLE, and Cointelegraph
| Matt Levine / Bloomberg: |
The “omicron” crypto token soaring in value following news of the COVID-19 variant is yet another example of how cryptocurrencies create artificial scarcity — Also ghost kitchens, call spreads and RugSeekers. — Omicron — The basic innovation of crypto is the production of artificial scarcity.
Tweets: @matt_levine, @nathantankus, @jomicheii, @crypto, @mikeolson, and @pkafka
| Natasha Lomas / TechCrunch: |
Spain-based Jobandtalent, a marketplace matching temps with employers, raises a $500M Series E at a $2.35B post-money valuation led by Kinnevik — Spain's Jobandtalent, a “workforce marketplace”-cum-digital temping agency which uses AI to match workers to casual labor gigs in sectors like warehousing …
More:
Sifted, Tech.eu, FinSMEs, and Silicon Canals
| Frederic Lardinois / TechCrunch: |
Tel Aviv-based Frontegg, which helps SaaS companies track user data, raises a $25M Series A led by Insight Partners — Frontegg, a Tel Aviv-based startup that provides SaaS companies with the core user management tools they need to build their own services, today announced that it has raised …
More:
CTech, SiliconANGLE, and PR Newswire
| Jamie Feltham / UploadVR: |
Oculus rolls out v35, adding a mixed reality camera feature that requires an iPhone XS or above, Messenger Calling in VR, a new cloud backup system, and more — An upcoming update to the Oculus Quest and Meta Quest 2 will add mixed reality capture via iPhone and calling via Messenger, Mark Zuckerberg confirmed.
More:
Oculus Blog, Road to VR, Engadget, TechRadar, VRFocus, VRScout, and Android Central
| Lauren Thomas / CNBC: |
Adobe: US consumers spent $10.7B online on Cyber Monday, below expectations and down 1.4% from $10.8B in 2020, as many shoppers returned to physical stores — - Consumers logged online Monday and spent $10.7 billion, marking a 1.4% decrease from year-ago levels, according to data from Adobe Analytics.
More:
About Amazon, Adobe Blog, The Verge, CNET, Digital Trends, BetaKit, Slashdot, TheStreet, ZDNet, International Business Times, 9to5Toys, New York Post, and Thurrott
Tweets: @laurenthomas, @weaponoutfitter, @cnbc, @jaycarney, @cortessteve, @ritholtz, @ourmaninchicago, and @ron_miller
| Maria Armental / Wall Street Journal: |
GlobalFoundries reports Q3 net revenue rose 56% YoY to $1.7B as profit reached $5M, up from a $293M loss YoY, in its first post-IPO earnings report — The financial report was the company's first as a public company, which started trading publicly in October
More:
ZDNet, GlobeNewswire News Room, and TechSpot
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