Techmeme: LogDNA, a centralized log management service for developers, raises a $50M Series D led by NightDragon, bringing its total funding to $110M (Kyle Alspach/VentureBeat)

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December 6, 2021, 9:20 AM

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Mark Gurman / Bloomberg:

Many customers complain that T-Mobile and Verizon have failed to deliver promised rebates for promoted Apple products in a straightforward manner — Some customers are finding that wireless carriers are denying rebates used to promote Apple Inc.'s newest iPhones, iPads and watches.

More: XDA Developers, Forbes, Macworld, MacRumors, 9to5Mac, MacRumors, MacRumors, iThinkDifferent, iMore, TechRadar, KnowTechie, BGR, iPhone in Canada Blog, MacRumors, AppleTrack, iPhone Hacks, Wccftech, Gizchina, Mashable, iThinkDifferent, Benzinga, 9to5Mac, Philip Elmer‑DeWitt, and AppleInsider

Tweets: @lukemiani, @VadimYuryev, @robz2687, @harrymccracken, @markgurman, and @scobleizer

Reuters:

Alibaba says it will appoint a new CFO and reorganize its e-commerce businesses under two new divisions, one domestic and one international — Alibaba Group Holding Ltd (9988.HK) said Toby Xu, will succeed Maggie Wu as the company's chief financial officer from April, a move it described …

More: Alizila, The Economic Times, Financial Times, Silicon Republic, Coinspeaker, Bloomberg, Winvesta Crisps, Wall Street Journal, Associated Press, TechCrunch, The Register, Benzinga, Tech in Asia, and TechNode. Tweets: @alibabagroup

Tim Copeland / The Block:

Crypto exchange BitMart says it was hacked, resulting in the loss of ~$150M in crypto after its Ethereum and Binance Smart Chain hot wallets were breached — Crypto exchange BitMart said late Saturday that it has suffered a hack, resulting in the loss of $150 million worth of crypto.

Ben Smith / New York Times:

A document from TikTok's engineering team in Beijing details the product's addictive algorithm, which optimizes for “retention” and “time spent” — It's the most successful video app in the world. Our columnist has obtained an internal company document that offers …

Tweets: @acerbialberto, @akcronin, @jerrydunleavy, @gwbstr, and @jimbethell

See also Mediagazer

Emma Roth / The Verge:

Verizon, AT&T, and T-Mobile all have programs that collect additional data, like app usage and web history, on their customers, and they are generally opt-out — Verizon says it's to better “understand your interests” — The My Verizon app might be collecting information about your browsing history …

More: Input and IT Management

Tweets: @emroth08 and @rtphokie

Emma Roth / The Verge:

Google is investigating a report that a Pixel 5a, sent to an official repair center in Texas, was used to bypass 2FA on several of the owner's accounts — Google says it's investigating the latest report — After game designer and author Jane McGonigal sent her Pixel 5a in for repair at Google …

More: Engadget, Techaeris, Android Police, Pocketnow, IT Management, fossbytes.com, and PhoneArena

Tweets: @avantgame, @avantgame, @avantgame, @avantgame, @swiftonsecurity, @swiftonsecurity, @swiftonsecurity, @pomeranian99, @thisisjeron, @avantgame, @t3dotgg, @avantgame, @avantgame, and @evacide

Julian E. Barnes / New York Times:

The head of US Cyber Command says the US military has “taken actions” against ransomware groups, the first public acknowledgement of the offensive measures — Gen. Paul M. Nakasone, the head of Cyber Command, said a new cross-functional effort has been gathering intelligence …

More: Washington Post, CyberScoop, CNN, CNET, Bagheera's Newsletter, and Slashdot

Tweets: @imposecost, @zcohencnn, @diakopter, @jeffstone500, and @julianbarnes

David Streitfeld / New York Times:

Some Amazon sellers are backdating books to fool Amazon's algorithms into changing where they appear, often allowing the sellers to charge exorbitant prices — A 2011 thriller was supposed to cost $15. One merchant listed it at $987, with a 17th-century publication date.

More: Insider. Tweets: @nytimesbusiness, @juokaz, @runwithskizzers, @stacyfmitchell, @harrymccracken, @angieholan, @mattsclancy, @nytimes, @ddayen, @frankpasquale, @william_m_clark, @jake_bernstein, @kyweise, @mattzollerseitz, and @thenuminous1

Benedict Evans / Benedict Evans/Presentations:

Overview of macro tech trends, with a focus on Web3, metaverse, and the move to the cloud, which is just beginning as on-prem IT spend still dwarfs cloud spend — The most exciting themes in technology today are transformative visions for 2025 or 2030: crypto, web3, VR, metaverse... and then everything else.

More: 片面 Crypto. Tweets: @mrjasonchoi, @jeffjarvis, @stevesi, @bwertz, and @trengriffin

RT:

Apple sues Russia's Federal Antimonopoly Service challenging the order to let developers inform App Store users about alternative payment options — US technology giant Apple has brought legal action against Russia's Federal Antimonopoly Service (FAS) in an effort to challenge the request to …

More: MacRumors, 9to5Mac, The Verge, Reuters, Engadget, iPhone Hacks, Patently Apple, PhoneArena, Beyond Search, iThinkDifferent, and AppleInsider

Tweets: @carnage4life, @timsweeneyepic, and @elkmovie

Alistair Gray / Financial Times:

GroupM: global ad revenue will reach $763B in 2021, up 18.7% from 2019; Alphabet, Meta, and Amazon control 80-90% of the digital ad market outside China — Alphabet, Meta and Amazon have doubled their share of ad revenues in past 5 years, industry estimates

More: The Drum, Digiday, and Hollywood Reporter

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This is a Techmeme archive page. It shows how the site appeared at 9:20 AM ET, December 6, 2021.

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From Mediagazer

Wall Street Journal:

A profile of incoming FCC Chair Brendan Carr, a telecom lawyer and longtime FCC official who believes tech and media companies have been unfair to conservatives

Wall Street Journal:

Sources describe Netflix's struggles handling traffic for the Tyson-Paul fight, with viewership nearly three times what the company had anticipated

Charlie Warzel / The Atlantic:

Q&A with Julia Angwin on how social media creators flipped the traditional journalism process for telling stories and what journalists can learn from creators

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Kyle Alspach / VentureBeat:

LogDNA, a centralized log management service for developers, raises a $50M Series D led by NightDragon, bringing its total funding to $110M

More: SiliconANGLE

Catherine Shu / TechCrunch:

Nearside, an online bank for SMBs, raises a $58M Series B led by Valar Ventures, after raising a $20M Series A in April 2021

Dave Lee / Financial Times:

DoorDash hires 60 couriers as full-time employees, starting at $15/hour, to launch fast grocery deliveries in New York, shifting from its gig worker model

More: Protocol and Axios

Bloomberg:

Investigation: Swiss company Mitto, which offers automated text messages to companies in 100+ countries, helped governments secretly surveil mobile phone users

More: The Bureau of Investigative …. Tweets: @tbij, @kevinwhitelaw1, @marietjeschaake, @kimzetter, @kimzetter, @hatr, @rj_gallagher, and @moltke

Bloomberg:

Everphone, which lends and refurbishes phones for businesses, raises a Series C with $65M in equity and $135M in debt at a $170M valuation led by Cadence Growth

More: GlobeNewswire News Room and Tech.eu

Financial Times:

SoftBank Group shares fell as much as 8% on Monday, their seventh consecutive day of losses, amid mounting problems at Didi and Arm

More: Reuters, CNBC, and Bloomberg

Tage Kene-Okafor / TechCrunch:

TradeDepot, which connects consumer goods brands to retailers, raises a $110M Series B in equity and debt led by the International Finance Corporation

More: Disrupt Africa, Finextra, FinSMEs, and Technext. Tweets: @ulonnaya

Financial Times:

SenseTime seeks to raise between $750M and $767M in its Hong Kong IPO, at a valuation of between $16.5B and $17B; the company previously hoped to raise $2B

More: Bloomberg, Reuters, and South China Morning Post

Earlier Picks

Anita Ramaswamy / TechCrunch:

Stacked, which provides investment tools for retail crypto investors, raises a $35M Series A co-led by Alameda Research and Mirana Ventures

More: Blockworks, CoinDesk, The Block, Coinspeaker, Cointelegraph, and Bankless Times

Issie Lapowsky / Protocol:

Behind the scramble to revamp the White House's plans for the Alliance for the Future of the Internet, meant to rally countries behind a vision for an open web

More: Washington Post. Tweets: @marietjeschaake, @issielapowsky, @brianfishman, @anupamchander, and @gwbstr

Manish Singh / TechCrunch:

Sense, whose HR software helps recruit blue-collar workers, raises a $50M Series D led by SoftBank's Vision Fund 2; source says Sense is now valued at $500M

More: VentureBeat

Mary Ann Azevedo / TechCrunch:

Hotel Engine, an online hotel booking and management service for business travel, raises a $65M Series B at a $1.3B valuation, up from $150M in 2019

More: FinSMEs, PR Newswire, Bestgamingpro, Business Travel Newss, Skift, PYMNTS.com, PhocusWire, and Denver Business Journal. Tweets: @bayareawriter

Christopher Mims / Wall Street Journal:

A look at the challenges of developing a mass-market augmented reality headset as Apple reportedly prepares to launch its own mixed reality device in 2022

More: The Overspill and Philip Elmer‑DeWitt

Tweets: @bengeskin, @mchui, @dclblogger, @pinboard, @matthewcrowley, @chrismattmann, @parismarx, and @originalspin

Mary Ann Azevedo / TechCrunch:

Life House, which offers hotel management software, raises a $60M Series C co-led by Kayak and Inovia Capital, bringing its total funding to over $100M

More: FinSMEs, Travel Weekly, Bestgamingpro, Hotel Management, PR Newswire, Skift, BetaKit, PhocusWire, and Bloomberg. Tweets: @bayareawriter

Max Read / Read Max:

As Web3 takes proliferate, it's worth noting there are two distinct “is Web3 bullshit?” questions: an open-ended technical question, and whether it will “win”

More: Micky. Tweets: @timbray, @elonmusk, @carnage4life, @sama, @rozzie, @atomkirk, @tmcw, @shortformernie, @_am1t, @sriramk, @rjcc, @timbray, @chronotope, @carnage4life, @cdixon, @jmhodges, @rharter, @kungfusquirrel, @mykola, @bnox, @goldman, @somebitslinks, @llimllib, @waxy, @yayitsrob, @mattzeitlin, and @mattzeitlin