Techmeme
November 20, 2021, 7:50 PM

Top News

Karen Hao / MIT Technology Review:
Investigation shows how Facebook and Google fund misinformation globally by paying millions of dollars in ad revenue to the operators of clickbait pages  —  A month after the fall of the democratic government.  —  In 2015, six of the 10 websites in Myanmar getting the most engagement …
Sean Hollister / The Verge:
The Apple Podcasts app's review score went from 1.8 to 4.6 stars after Apple began prompting users for ratings, confusing some into rating individual podcasts  —  Apple Podcasts rises above bad reviews, but at what cost?  —  You pissed off people by somewhat breaking your app, and they're leaving angry reviews.
Dan Ennis / Banking Dive:
Berlin-based neobank N26, which was recently valued at $9B, to exit the US on January 11 after over two years, following its UK departure in April 2020  —  Dive Brief:  — German neobank N26 is shutting down its U.S. operations to focus on expanding in Europe, the company said Thursday.
More: BloombergTweets: @sub8u
CoinDesk:
Square's TBD division releases a white paper detailing tbDEX, a new decentralized protocol for exchanging digital and other assets  —  Payments giant Square released a white paper on Friday detailing a new decentralized protocol for exchanging digital and other assets known as tbDEX.
Issie Lapowsky / Protocol:
A voter turnout group says Facebook served 36.8% of their conversion ads to iOS users after Apple's ATT change, down from 63.6%  —  Tatenda Musapatike is as familiar as anyone with the way Facebook's political ad system works.  During the 2016 election and the 2018 midterms …
Mary Ann Azevedo / TechCrunch:
Sao Paulo-based social commerce marketplace Facily raises a $250M Series D at an $850M valuation, bringing its total funding to $366M  —  Facily, a São Paulo-based social commerce marketplace, has quietly raised over $366 million in funding across four different rounds over the last year.
Steve Knopper / Billboard:
Profile of Berlin-based Ableton, whose music production software changed the way recordings are produced and how DJs perform by eliminating cumbersome equipment  —  Gerhard Behles and his partners wrote the code that makes modern pop sing — and makes investors drool.  But they're not selling.
Kelly Crow / Wall Street Journal:
ConstitutionDAO, which crowdfunded over $40M, loses Sotheby's US Constitution auction to a $43.2M bid from Citadel CEO Kenneth Griffin  —  The 53-year-old billionaire paid $43.2 million for the historic document, plans to lend it to Crystal Bridges museum in Arkansas
Zoe Schiffer / NBC News:
In a note to 80,000 hourly and salaried US employees, Apple affirms their right to discuss working conditions and pay, internally and externally  —  Following months of internal controversy about how much workers make at one of the highest valued companies in the world …

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