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December 9, 2021, 7:50 PM
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| WABetaInfo: |
WhatsApp begins a limited test of Meta's Novi digital wallet in the US, letting users send and receive USDP within a chat — Today, WhatsApp is finally announcing a small pilot program to some people in the US, that can finally use the Novi digital wallet within WhatsApp!
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PCMag, The Verge, CNET, Tech Advisor, XDA Developers, Reuters, Social Media Today, SiliconANGLE, CryptoPotato, BGR, MacRumors, Decrypt, Windows Central, Ubergizmo, Android Police, Finextra, TechCrunch, Protocol, iPhone in Canada Blog, Digital Trends, iPhone Hacks, sammobile.com, 9to5Mac, and iMore
Tweets: @skasriel, @wcathcart, @davidmarcus, @layahheilpern, @kwerb, @wcathcart, @davidmarcus, @arturo_p_a, and @joelight
| Alex Heath / The Verge: |
Meta opens its VR social platform Horizon Worlds to all adult users in the US and Canada, after announcing a private beta in September 2019 — Facebook's first stab at the metaverse is Roblox meets the OASIS — More than two years and a company rebrand later, Meta is finally opening …
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CNET, Meta, Protocol, UploadVR, Oculus Blog, Gizmodo, TechCrunch, Social Media Today, YouTube, Laptop Mag, CNBC, Cybercultural, Neowin, Forbes, Mashable, Adweek, CNET, The Information, Android Central, and VRFocus
| Jonathan Bell / Wallpaper*: |
A look at the working processes at Apple's design team, led by VP of industrial design Evans Hankey and VP of human interface design Alan Dye — Global exclusive! Led by Evans Hankey and Alan Dye, the Apple Design Team holds enormous sway over our evolving relationship with technology.
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iThinkDifferent, Apple Must, iPhone in Canada Blog, 9to5Mac, iPhone Hacks, AppleInsider, TechRadar, MacStories, and iMore
Tweets: @bobbyjgeorge, @ia, @sdw, @wallpapermag, @photographyweek, @wallpapermag, @mahalis, @_tyoung, @dustanner, @wallpapermag, @amdm, @wallpapermag, @sdw, and @ktulrich
| Politico: |
Italy's competition authority fines Amazon €1.13B for abusing its market position and harming competitors in e-commerce logistics; Amazon plans to appeal — Italy's competition authority announced Thursday it was slapping a €1.13 billion fine on Amazon for abusing its dominant position …
Source:
AGCM. More:
Reuters, Engadget, TechCrunch, SiliconANGLE, The Verge, TechSpot, PYMNTS.com, New York Times, Washington Post, Axios, New York Post, Android Central, Financial Times, Tech Xplore, BBC, Financial Times, Ars Technica, CNET, Silicon Republic, Bloomberg, The Canberra Times, Wall Street Journal, International Business Times, CNBC, and Forbes
Tweets: @carnage4life, @carnage4life, and @jldastin
| Sean Hollister / The Verge: |
Epic v. Apple emails show Microsoft offered to bring triple-A, Xbox-exclusive games to iOS if Apple let its xCloud game streaming service into the App Store — Remember when Apple pretended like it would let cloud gaming services like Microsoft xCloud and Google Stadia into the App Store … | Eli Tan / CoinDesk: |
Palm, which helps companies and brands create NFT projects, raises a $27M Series B led by Microsoft's M12 — Microsoft's venture arm is leading a $27 million bet on NFT studio Palm. — The funding will be used primarily to scale the company's operations with a slew of new hires, a representative of the studio told CoinDesk.
More:
M12, FinSMEs, Palm NFT Studio, The Block, Benzinga, Neowin, Reuters, Cointelegraph, Finbold, Decrypt, and Windows Central
Tweets: @leeefeldman, @m12vc, and @harrymccracken
| Angel Au-Yeung / Forbes: |
Cher Scarlett, a leader of #AppleToo, says she is no longer withdrawing her NLRB complaint against Apple after it failed to execute a settlement in good faith — Former Apple engineer Cher Scarlett is no longer withdrawing her complaint with the National Labor Relation Board alleging …
More:
The Hill, The Verge, and AppleInsider
| Bloomberg: |
Sources: as Ben Horowitz and Marc Andreessen buy Las Vegas properties, they are less involved in a16z's daily operations and are on fewer corporate boards — Recently, the Bay Area-based venture capitalist Ben Horowitz took part in a popular pandemic-era pastime: updating the location on his LinkedIn profile.
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Silicon Valley Business …. Tweets: @chafkin, @cdixon, @eringriffith, @tomgara, @yoda, @karaswisher, @lucas_shaw, @chafkin, @pt, @davidu, and @cwarzel
| Bloomberg: |
Coinbase launches a DeFi yield product for non-US customers in over 70 countries, after US regulators effectively killed plans for its Lend program in September — - U.S. regulators effectively shut down Lend program earlier — Holdings to be deposited into the Compound Finance protocol
More:
The Coinbase Blog, The Verge, cryptodaily.co.uk, and CoinDesk
Tweets: @rleshner, @markjeffrey, @nateliason, and @ryanwatkins_
| MacRumors: |
Kuo: Apple's AR headset will include four sets of 3D sensors to offer a user interface with hand gesture controls and object detection — Apple's long rumored AR headset is predicted to include multiple highly sensitive 3D sensing modules in order to offer an innovative hand gesture …
More:
9to5Mac, The Verge, iPhone in Canada Blog, Digital Trends, Patently Apple, iThinkDifferent, Wccftech, Tech Advisor, iPhone Hacks, PhoneArena, AppleInsider, and iMore. Tweets: @scobleizer
| Jordan Novet / CNBC: |
HashiCorp closes up 6.49% in its Nasdaq debut, after raising $1.2B in its IPO at a $14B valuation — - Shares of HashiCorp debuted on the Nasdaq on Wednesday under the symbol “HCP.” — HashiCorp software helps engineers set up computing infrastructure in public clouds and on-premises data centers,| Jordan Novet / CNBC: |
Oracle beats in Q2 with revenue of $10.36B, vs. $10.21B expected and up 6% YoY, cloud services and license support revenue of $7.55B, up 6% YoY; stock up 10%+ — - Oracle beat expectations on the top and bottom lines, and quarterly guidance met consensus. — The software and hardware …
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PR Newswire, SiliconANGLE, Barron's Online, ZDNet, Bloomberg, and Reuters
| Elizabeth M. Renieris / CIGI: |
A look at Cardano, a controversial blockchain project led by Ethereum cofounder Charles Hoskinson that aims to build a national ID system for Ethiopia — There are countless examples of the dangers posed by national ID schemes, including from Kenya, Uganda, Pakistan, India and elsewhere.
Tweets: @hackylawyer, @libshipwreck, @hijodelcuervo, @ahcastor, @bronwenmanby, and @mustapha_hamoui
| New York Times: |
EU Commission proposes rules to turn gig workers into employees, affecting up to 4.1M workers; the EU estimates 28M work via digital labor platforms in the bloc — A proposal with widespread political support would entitle drivers and couriers for companies like Uber to a minimum wage and legal protections.
More:
European Commission, PYMNTS.com, The Guardian, Politico, Neowin, TIME, The Verge, TechCrunch, Reuters, Protocol, CNBC, CNN, Bloomberg, Wall Street Journal, City A.M., and euronews
Tweets: @eu_commission, @carnage4life, @eu_commission, @matinastevis, @saurabhbhbhbh, @mamereric, and @niklasoestberg
| Frank Chaparro / The Block: |
Crypto derivates market Paradigm, which focuses on large trades, raises a $35M Series A at a $400M valuation led by Jump Capital and Alameda Research — Quick Take — Paradigm is raising $35 million in a fundraise led by Jump Capital and Alameda Research.
More:
PR Newswire, Blockworks, and CryptoPotato
Tweets: @starkwareltd, @melt_dem, @zsparta, @imctrading, @fintechfrank, and @gaberivera
| Manish Singh / TechCrunch: |
Tim Berners-Lee's Inrupt, which aims to “reshape the internet” by letting users control their data, raises Series A led by Forte Ventures, source says for ~$30M — Tim Berners-Lee's startup, Inrupt, has raised about $30 million in its Series A financing round, a source familiar with the matter said.
More:
Forté Ventures Insights
| Coco Feng / South China Morning Post: |
Reports suggest large Chinese tech companies like ByteDance, Kuaishou, and iQiyi are laying off more staff than usual, amid regulatory pressure and competition — Companies are reportedly laying off more employees than usual for this time of year, setting off “panic among a lot of people” … | Bloomberg: |
Gov. Ron DeSantis says Florida will explore letting businesses pay state fees in cryptocurrencies and using blockchain for Medicaid payments and vehicle titles — - Blockchain tech mulled for vehicle titles, Medicaid payments — State needs to be ‘crypto-friendly,’ Governor DeSantis says| Sylvia Varnham O'Regan / The Information: |
Meta has moved its artificial intelligence group to the Reality Labs unit, shifting the AI team's focus towards metaverse-related efforts — Facebook parent Meta Platforms has moved its artificial intelligence group to the Reality Labs unit developing augmented and virtual reality products …
Tweets: @alexeheath and @amir
| Cat Zakrzewski / Washington Post: |
In a letter, Sen. Warren asks the US DOJ and SEC to investigate whether Meta executives knew the company inflated a key metric measuring an ad's potential reach — Sen. Elizabeth Warren sent a letter to the DOJ and SEC, after Sen. Maria Cantwell sent a letter to the FTC
More:
The Hill, CNBC, Wall Street Journal, Tech Policy Press, warren.senate.gov, coons.senate.gov, Reuters, Knight First Amendment …, and The Hill
Tweets: @cat_zakrzewski and @cat_zakrzewski
| C-SPAN.org: |
Video of Adam Mosseri's testimony before a Senate Commerce subcommittee examining Instagram's negative effects on teen mental health — Instagram CEO testifies on impact of platform on young users before a Senate Commerce subcommittee.
More:
Tech Transparency Project, Wall Street Journal, Protocol, Senate Commerce Committee, Engadget, Bloomberg, CNET, TechCrunch, Yahoo Finance, Vanity Fair, MarketWatch, Associated Press, and Washington Times
Tweets: @georgia_wells, @abebrown716, @smwat, @willoremus, @accountabletech, @profcarroll, @ceciliakang, @kantrowitz, @swodinsky, @ethanz, @swodinsky, @swodinsky, @swodinsky, @swodinsky, @swodinsky, @swodinsky, @swodinsky, @swodinsky, @swodinsky, @swodinsky, @marshablackburn, @telecomsense, @jamiedupree, @jmgrygiel, @drgurner, @lizzywol, @lizzywol, @senjohnthune, @integrity_inst, @integrity_inst, @dseetharaman, @marshablackburn, @marshablackburn, @marshablackburn, @marshablackburn, @fboversight, @senblumenthal, @zamaan_qureshi, @cat_zakrzewski, @viacristiano, @georgia_wells, @counteringcrime, @jason_kint, @profcarroll, @ceciliakang, @jason_kint, @jason_kint, @fboversight, @jason_kint, @jason_kint, @mikeisaac, @shiringhaffary, @tayhatmaker, @tayhatmaker, @tayhatmaker, @jason_kint, @willoremus, @b_fung, @swodinsky, @swodinsky, @fboversight, @fboversight, @lauren_feiner, @b_fung, @b_fung, and @ceciliakang
| Andrew Thurman / CoinDesk: |
SushiSwap CTO Joseph Delong resigns after reports of project infighting and a 50% drop in the token's price over the past month — Amid a plummeting token price and rumors of infighting, Sushi CTO Joseph Delong announced on Wednesday that he is stepping away from the project “effective immediately.”| Ivan Levingston / Bloomberg: |
SellerX, which buys and grows businesses on Amazon's marketplace, raises $500M in debt and equity at a $1B+ valuation, bringing its total funding to $750M — - Debt, equity financing of $500 million co-led by Victory Park — Company will use funds to buy up e-commerce brands on Amazon| Will Douglas Heaven / MIT Technology Review: |
DeepMind claims its language model RETRO matches the performance of neural networks 25 times its size, cutting the time and cost to train large language models — RETRO uses an external memory to look up passages of text on the fly, avoiding some of the costs of training a vast neural network
More:
VentureBeat, Deepmind Blog, FocusAI, HotHardware.com News, Beyond Search, and TNW
Tweets: @iscienceluvr, @deepmind, and @techreview
| Kollen Post / The Block: |
At a congressional hearing with six crypto executives, committee members voiced concerns about stablecoins and exchanges but showed a warming up to crypto — Quick Take — Today's hearing before the House Financial Services Committee confirmed: Congress is warming up to crypto.
More:
Fortune, PYMNTS.com, CryptoSlate, New York Times, YouTube, Yahoo Finance, Wall Street Journal, Bitcoin Magazine, U.Today, Insider, American Banker, City A.M., Barron's Online, MarketWatch, Politico, Mediaite, Washington Post, Decrypt, and Bitcoinist.com
Tweets: @morningbrew, @carnage4life, @jerallaire, @stellarorg, @reuters, @edzitron, and @reptomemmer
| Mayank Parmar / BleepingComputer: |
Amazon says it will shut down its global website ranking system Alexa.com on May 1, 2022, after 26 years of operation — Amazon announced on Wednesday plans to shut down its global website ranking system and competitor analysis tool “Alexa.com”, which has been available for 25 years.
More:
TechRadar, iTnews, TechHive, Neowin, TechSpot, Gizmodo, Engadget, The Verge, and Variety
Tweets: @martinsfp, @stuartbruce, @harrymccracken, @carnage4life, and @campuscodi
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