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December 2, 2021, 5:50 PM
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Brent Kendall / Wall Street Journal:
The FTC sues to block Nvidia's $40B acquisition of Arm, arguing the chip deal is anticompetitive  —  The agency alleges the semiconductor deal is anticompetitive  —  WASHINGTON—The Federal Trade Commission on Thursday sued to block U.S. chip supplier Nvidia Corp.'s proposed $40 billion takeover …
The Verge:
Report: Google's Pixel hardware group is working on the company's first smartwatch, internally codenamed “Rohan”, which it plans to launch next year  —  A Pixel Watch is finally in the works  —  Google is finally making its own in-house smartwatch that's set to launch in 2022 …
Benjamin Mayo / 9to5Mac:
In a filing in the Epic lawsuit, Apple says it “could charge a commission” if developers use a competing payments platform, following a similar Google policy  —  Although the appeal of the Apple-Epic lawsuit is ongoing, Apple is currently subject to the judge's decision …
The Markup:
Investigation finds US predictive policing tool PredPol, used countrywide, often perpetuates biases by directing police to poor, Black, and Latino neighborhoods  —  Plainfield, N.J. Plainfield, N.J. Los Angeles  —  Orange County, Fla.
Zoe Schiffer / The Verge:
Interviews with 16 current and former Apple retail, support, and sales employees detail harsh working conditions, poor pay, and little interest from HR  —  The company's hourly workers say conditions are untenable.  Does Apple care?  —  Illustrations by Jesse Zhang
Tom Simonite / Wired:
AI researcher Timnit Gebru, who left Google last year, launches Distributed Artificial Intelligence Research, an institute focused on the responsible use of AI  —  The researcher, who says Google fired her a year ago, wants to ask questions about responsible use of artificial intelligence.
Bloomberg:
Sources: Apple, which cut its projected iPhone 13 production targets for 2021 by up to 10M units, tells suppliers that it may not make up the shortfall in 2022  —  Apple Inc., suffering from a global supply crunch, is now confronting a different problem: slowing demand.
Tim Copeland / The Block:
DeFi protocol BadgerDAO is investigating after security researchers say $120.3M was stolen from users via its compromised front end  —  Quick Take  — DeFi protocol BadgerDAO was exploited earlier today for $120 million.  — It appears that its front end was compromised and users were tricked into making unwanted transactions.
Carly Page / TechCrunch:
Facebook makes 2FA mandatory for high-risk accounts, an expansion of Facebook Protect, which covers 1.5M accounts and will be in 50 countries by the end of 2021  —  Facebook, a recently added subsidiary of Meta, said it will make two-factor authentication (2FA) mandatory for high-risk accounts likely …
Kate Rooney / CNBC:
Square is changing its name to Block, effective December 10, and renaming Square Crypto to Spiral, as its business shifts toward technologies like blockchain
Ian Allison / CoinDesk:
Sources: Goldman Sachs is among a handful of tier-one US banks working on ways to use bitcoin as collateral for cash loans to institutions  —  Goldman Sachs is among a handful of tier-one U.S. banks figuring out how to use bitcoin as collateral for cash loans to institutions, according to three people familiar with the plans.
Sarah Perez / TechCrunch:
Apple announces the best apps and games of 2021, across iPhone, iPad, Mac, Apple TV, and Apple Watch, and the most downloaded apps of the year  —  Apple today released its anticipated annual list of the best apps and games of the year across iPhone, iPad, Mac, Apple TV and Apple Watch.
Hristina Yordanova / DappRadar:
The four leading virtual worlds recorded over $100M in NFT land sales in the past week, with The Sandbox alone seeing trading volumes of over $86M  —  The Sandbox alone attracted more than $86 million in land sales  —  Metaverse land is the new big hit in the crypto community …
Frederic Lardinois / TechCrunch:
AWS announces Amplify Studio, a Figma-connected low-code service to help developers build cloud apps, as an extension of its AWS Amplify service  —  At its re:Invent conference, AWS today announced Amplify Studio, a new Figma-connected no-code/low-code service that is meant to help developers quickly build cloud-connected apps.
Sergiu Gatlan / BleepingComputer:
DOJ charges an ex-employee of IoT manufacturer Ubiquiti with data theft and for attempting to extort his employer while posing as a whistleblower and a hacker  —  Nickolas Sharp, a former employee of networking device maker Ubiquiti, was arrested and charged today with data theft and attempting …
Reuters:
Grab closes down 20.53% in its Nasdaq debut, after a SPAC merger valuing it at $40B and raising $4.5B, the largest US listing by a Southeast Asian company  —  Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40 billion merger …
Olivia Solon / NBC News:
Meta partners with UK nonprofit Revenge Porn Helpline to let victims get their intimate images “hashed” and prevent them from appearing on online platforms  —  Facebook's parent company, Meta, has worked with the U.K.-based nonprofit Revenge Porn Helpline to build a tool …
Berber Jin / The Information:
Crunchbase: investments in crypto-based gaming and commerce startups increased 26x YoY, totaling $3.7B so far in 2021  —  Venture capitalists investing in consumer startups are writing more checks for crypto companies than ever before.  The deals underscore how blockchain technology …
Sarah Perez / TechCrunch:
Meta's NPE team recently set up an office in Lagos and plans another in Asia as it changes strategy to include making seed investments in small teams  —  Meta's (formerly, Facebook's) experimental app division, the NPE team, is shifting gears.  The group, which first launched in mid-2019 …
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This is a Techmeme archive page. It shows how the site appeared at 5:50 PM ET, December 2, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Wall Street Journal:
Sources: Disney board members are exploring fresh candidates in their search for a successor to Bob Iger, including EA CEO Andrew Wilson

Benjamin Mullin / New York Times:
Nicholas Carlson unveils Dynamo, a video-focused company that aims to make “cinematic” stories, and raised $3.4M from Henry Blodget, Jessica Lessin, and others

Le Monde:
Le Monde, Le Figaro, Les Echos, and other French news outlets sue X, accusing it of running their content without paying, violating so-called neighboring rights

More News

Earlier Picks

Michelle Singletary / Washington Post:
The CFPB's rule that lets debt collectors send texts, emails, and private social media messages to debtors, and requires opt-out instructions, goes into effect
Washington Post:
Planned Parenthood Los Angeles says a hacker gained access to its network in October, compromising the information of ~400,000 patients including clinical data
Elizabeth Dwoskin / Washington Post:
In its end-of-year threat report, Meta says it took down several global disinformation networks, including anti-vaccine groups and groups linked to state actors
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