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December 22, 2021, 11:25 PM
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| Katanga Johnson / Reuters: |
The US CFPB orders online payday lender LendUp to shutter lending operations after finding it repeatedly lied to and illegally cheated its customers — WASHINGTON, Dec 21 (Reuters) - (This December 21 story corrects date of LendUp wind-down from 2020 to 2022)
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Protocol, Consumer Financial …, American Banker, MarketWatch, Bloomberg Law, LendIt Fintech News, Banking Dive, Crowdfund Insider, and PYMNTS.com
Tweets: @chopracfpb, @sandofsky, @chiefofstuffs, @kleebeard, @matthewstoller, @protocol, @cajunbanker, @plainsite, @dancharvey, @alexbenjamin__, @pt, @mikulaja, @nikmilanovic, @vinistic, @ellenychang, @helaineolen, @aaschapiro, @thorntonmcenery, @martymadrid, @consumeraction, @mikulaja, @chopracfpb, @janaedoes, @chopracfpb, and @reuterslegal
| Washington Post: |
Survey of 1,058 US internet users: 72% distrust Facebook, 63% TikTok, 60% Instagram, 53% WhatsApp, and 53% YouTube; 53% trust Amazon, 48% Google, and 44% Apple — You'll find all the usual technology suspects inside Mary Veselka's Pearland, Tex., home. There's her iPhone … | Annie Palmer / CNBC: |
Labor group seeking to organize workers at four Amazon warehouses in Staten Island refiles its union petition with the NLRB, after withdrawing it in November — - A group of Amazon warehouse workers on New York's Staten Island refiled a request for a union vote, the National Labor Relations Board confirmed Wednesday.
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Bloomberg, TechCrunch, and New York Times
| Vlad Savov / Bloomberg: |
Jack Dorsey's tweet sparks uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity” — Fresh off relinquishing the chief executive reins of Twitter Inc., Bitcoin enthusiast Jack Dorsey …
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The Verge, Wall Street Journal, YouTube, The Information, Decrypt, CoinDesk, Inc42 Media, The Signal, TESLARATI, The Hill, afrotech.com, Bitcoin News, Product and Politics, New York Post, Benzinga, Input, Cointelegraph, and Khakis & Leather
Tweets: @jack, @jack, @elonmusk, @micsolana, @cobie, @jack, @cobie, @asvanevik, @tyler, @levie, @joemccann, @carnage4life, @matthuang, @tyler, @balajis, @0xdoug, @alex_danco, @prestonjbyrne, @malwaretechblog, @mattysino, @levie, @nischalshetty, @cobie, @cobie, @loganbartlett, @tuurdemeester, @samkazemian, @jgopikrishnan70, @zachweinberg, @benedictevans, @timgriffin77, @maxkeiser, @karaswisher, @cobie, @sam_l_shead, @bigblackjacobin, @balajis, @pt, @jack, @slightlylate, @erikvoorhees, @pitdesi, @mutedialog, @getongab, @antoniogm, @kelseyhightower, @jack, @adamscochran, @nikitabier, @ourielohayon, @mdudas, @balajis, @mdudas, @cdharrison, @backlon, @nadertheory, @howardlindzon, @samecwilliams, @packym, @gaberivera, @kevinsekniqi, @jason, @karlbode, and @jack
| The Economic Times: |
India bans 20 YouTube channels and two websites for alleged “anti-India” propaganda from Pakistan, invoking its new IT Act's emergency powers for the first time — India banned 20 YouTube channels and two websites on Monday for allegedly running anti-India propaganda from Pakistan … | FinSMEs: |
HyperScience, which uses AI to extract data from business forms, raises a $100M Series E led by Global Founders, Tiger, Stripes, and Bessemer — Hyperscience, a NYC-based human centered automation company, raised $100m in Series E funding. — The round was led by existing investors Global …
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SiliconANGLE and AlleyWatch
| Ben Dummett / Wall Street Journal: |
Skillsoft, which makes training software for businesses, acquires edtech startup Codecademy for $525M in cash and stock; Codecademy raised $40M in February — Acquisition is Skillsoft's largest deal since going public in June — Skillsoft Corp. has agreed to acquire rival U.S.-based …
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Skillsoft, ZDNet, and SiliconANGLE
Tweets: @twittner, @zsims, @skillsoft, @amasad, @ariannasimpson, @denehyxxl, and @kennethlove
| Reuters: |
Chinese state media says regulators suspended an info-sharing partnership with Alibaba Cloud over accusations it failed to promptly report and fix a Log4j flaw — Chinese regulators on Wednesday suspended an information-sharing partnership with Alibaba Cloud Computing …
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South China Morning Post, ZDNet, Wall Street Journal, The Hacker News, Protocol, SiliconANGLE, ExchangeWire.com, Benzinga, and Slashdot
Tweets: @ocramius, @lukolejnik, @campuscodi, @campuscodi, @rpotter_9, @imposecost, @cristingoodwin, and @kevincollier
| Alex Konrad / Forbes: |
Retool, a low-code tool for creating enterprise apps, raises a $20M Series C from Stripe's founders and others at a $1.85B pre-money valuation — Covering venture capital, software and startups — When Retool CEO David Hsu set out recently to raise fresh funding for his low-code software startup …
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Retool Blog, SiliconANGLE, and Silicon Republic
Tweets: @shahzadyounas_, @eekedm, @alexrkonrad, @alexrkonrad, @juliechentweets, @jrichlive, @alexrkonrad, @eladgil, @natfriedman, @charleyma, @schreier, and @snirkodesh. Thanks:@alexrkonrad
| Ryan Mac / New York Times: |
In a note to employees, Bosworth envisions Meta's deep compatibility with blockchain, says it could have “profound impacts on our industry over the next decade” — Meta, Facebook's parent company, is aiming for “deep compatibility” with blockchain technology, according to an internal post on Tuesday from a top executive.
Tweets: @_cingraham, @rmac18, @rmac18, @bigmeaninternet, @bigmeaninternet, @edzitron, @rmac18, and @aaschapiro
| Tom Krisher / Associated Press: |
The US NHTSA opens an investigation to evaluate the driver distraction potential of Tesla's Passenger Play gaming feature, covering 580K cars from 2017 to 2022 — ATHENS, Ohio (AP) — The U.S. has opened a formal investigation into Tesla allowing drivers to play video games on a center touch screen while its vehicles are moving.
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Reuters, Wall Street Journal, The Verge, Gizmodo, ABC News, Observer, thegamer.com, CNET, KnowTechie, SiliconANGLE, Engadget, Ars Technica, Protocol, MobileSyrup, GameSpot, WRAL TechWire, and Insider
Tweets: @ghsahq, @kevin_stank, @brandonlive, @coreypein, @davidzipper, and @visionzeronet
| Igor Bonifacic / Engadget: |
In a letter, 13 Democratic senators ask Mark Zuckerberg why Facebook removed misinformation safeguards ahead of January 6, citing Frances Haugen's leaked docs — A group of 13 Democratic senators led by Amy Klobuchar of Minnesota and Jack Reed of Rhode Island has called on Meta CEO Mark Zuckerberg …
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SiliconANGLE, US Senate, MediaPost, HuffPost, U.S. Senator Tammy Baldwin, and Reclaim The Net
Tweets: @b_fung, @jeffreywestling, @mikeperryavatar, @rebeccamkern, @bigdictaenergy, @erinjholmes, @mmasnick, @aricohn, @jkosseff, and @rebeccamkern
| Reuters: |
Tencent plans to issue nearly all of its shares in JD.com worth $16.37B to shareholders as a dividend, reducing its stake from 17% to about 2.3% — Chinese gaming and social media company Tencent (0700.HK) will hand a $16.4 billion JD.com (9618.HK) stake as a dividend to its shareholders …
Source:
JD.Com, Inc.. More:
South China Morning Post, Bloomberg, Nikkei Asia, Dow Jones Newswires, and equalocean.com
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