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December 3, 2021, 8:20 AM
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Wall Street Journal:
The FTC sues to block Nvidia's acquisition of Arm, arguing the chip deal is anticompetitive; the $40B deal has risen to ~$75B due to Nvidia's share price  —  The agency alleges the semiconductor deal is anticompetitive  —  WASHINGTON—The Federal Trade Commission on Thursday sued …
Ian King / Bloomberg:
Analysis: SoftBank could lose ~$74B if the Nvidia-Arm deal is blocked; an IPO for Arm would likely value it well below Nvidia's offer  —  - U.S. antitrust enforcers seek to block sale of Arm to Nvidia  — SoftBank faces potentially less lucrative Plan B: an Arm IPO
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 …
Mathew Ingram / Columbia Journalism Review:
Journalists and activists worry Twitter's new privacy policy will be weaponized and make their jobs harder, due to vague terms like “the public interest”  —  On Tuesday, Twitter said it is expanding its privacy policy to include what the company calls “private media.”
Reuters:
Didi Global says it will begin the process of delisting from the NYSE and listing on the Hong Kong stock exchange  —  Chinese ride-hailing giant Didi Global (DIDI.N) said on Friday it will start work on delisting from the New York stock exchange and begin pursuing a listing in Hong Kong after obtaining the approval of its board.
Suzanne Vranica / Wall Street Journal:
Marketers are reacting to privacy laws and Big Tech policy changes with quizzes and other events to collect their own customer info and build detailed profiles  —  Marketers are staging sweepstakes, quizzes and events to gather people's personal information and build detailed profiles
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 …
Simon Jessop / Reuters:
Clarity AI, which uses AI to assess the environmental impact of companies, raised $50M in August, from Vision Fund 2, Jony Ive, and others, at a $450M valuation  —  Softbank Group Corp's (9984.T) Vision Fund 2 has led the latest funding round for sustainability data technology platform Clarity AI …
Bloomberg:
A draft EU proposal would force food delivery and ride-hailing apps to reclassify as many as 4.1M workers as employees, costing the sector up to $5.1B per year  —  - Up to 4.1 million couriers, drivers could be made employees  — Customers might see increase in costs for delivery and drivers
More: Bloomberg
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 …
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
New York Times:
A look at the Xbox Series X and PS5 markets, as holiday shoppers navigate a world of “purchase bot” resellers, retail memberships, and social media tips  —  New gaming consoles remain in short supply this holiday season, spawning cottage industries of tipsters and scalpers making money off their scarcity.
Tina Bellon / Reuters:
Uber says it is launching an optional audio recording pilot program to enhance safety in three US cities this month, following a Latin America rollout in 2019  —  Uber Technologies Inc (UBER.N) on Thursday said it will launch an optional audio recording pilot program in three U.S. cities to enhance safety …
More: PCMag and Engadget
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  —  - Payments giant Square will change its corporate name to Block, effective Dec. 10.  — The move comes as Square expands beyond …

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This is a Techmeme archive page. It shows how the site appeared at 8:20 AM ET, December 3, 2021.

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From Mediagazer

Evan Drellich / New York Times:
The MLB is planning national packages for streaming companies to bid on in 2028, when its national TV deals with ESPN, Fox, and Turner expire

Lauren Forristal / TechCrunch:
Tubi launches Scenes, a mobile feature that lets viewers watch 60-to-90-second trailer-style clips from its library to help with content discovery

Daniel Thomas / Financial Times:
James Harding says the Tortoise-Observer deal could create a profitable media group and there isn't a guaranteed future for the Observer with the Guardian

More News

Tim Copeland / The Block:
DeFi protocol BadgerDAO is investigating after security researchers say $120.3M was stolen from users via its compromised front end

Earlier Picks

Mia Sato / The Verge:
Five major education publishers sue Shopify for $500M+ over failing to remove pirated textbooks and other content that violate their trademarks and copyrights
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
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
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
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
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
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