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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 …
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Federal Trade Commission. More:
The Verge, CNBC, TNW, New York Times, Silicon Republic, Tom's Hardware, BIG by Matt Stoller, The Guardian, MSPoweruser, Protocol, Engadget, Financial Times, Bloomberg, PhoneArena, TGDaily, Ubergizmo, The Economic Times, VentureBeat, AnandTech, SiliconANGLE, ZDNet, The Register, CNN, Android Police, PC Gamer, OSnews, CNET, VICE, Wccftech, AppleInsider, CRN, Light Reading, Thurrott, Slashdot, Notebookcheck.net, Barron's Online, PC Games Insider, and VideoCardz.com
| 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 …
Source:
Insider. More:
TNW, TechRadar, Ubergizmo, fossbytes.com, BGR India, Gizchina, Pocket-lint, Gizmodo, SlashGear, XDA Developers, Pocketnow, PhoneArena, Tom's Guide, Laptop Mag, Digital Trends, MobileSyrup, Engadget, KnowTechie, CNET, Android Central, Phandroid, Android Headlines, 9to5Google, Protocol, Android Police, and Droid Life
| 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.”
More:
Washington Post and Michael Tsai
Tweets: @verambergen, @evacide, @mathewi, @drewharwell, @__chicagojoe_, and @digiphile
| 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.
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Business Wire, CNBC, Gizmodo, CNBC, CNBC, Yahoo Finance, Wall Street Journal, BBC, MarketWatch, Bloomberg, DealStreetAsia, Insider, The Irish Times, New York Times, Axios, Financial Times, Neowin, Tech in Asia, and equalocean.com
Tweets: @therealjoshye and @byron_wan
| 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
More:
Pixel Envy. Tweets: @angelazhanghk, @samschech, @jbflint, @digitalshields, @sarah_sprague, @antoniogm, and @hypervisible
| Zack Whittaker / TechCrunch: |
Records show at least three US federal agencies bought Lorex video surveillance equipment from Chinese firm Dahua Technology despite a government ban — Lorex is owned by Dahua, a technology maker linked to human rights abuses. — At least three U.S. federal agencies, including the military …
Tweets: @adam_k_levin, @zackwhittaker, and @brendancarrfcc
| 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 …
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Scribd, iPhone Hacks, 1BusinessWorld, FOSS Patents, Michael Tsai, 9to5Mac, iThinkDifferent, XDA Developers, PYMNTS.com, AppleInsider, MacDailyNews, Pocketnow, iDownloadBlog.com, and CNET
Tweets: @drbarnard, @jeffbarr, @sarahintampa, @drbarnard, @randypicker, @eric_seufert, @carnage4life, @reneritchie, @drbarnard, and @iansherr
| 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 …
More:
Business Wire
| 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 … | James T. Areddy / Wall Street Journal: |
Some citizens are skeptical of China's digital yuan, e-CNY, preferring Alipay and WeChat Pay; e-CNY has seen 150M transactions worth nearly $10B so far — Policy makers world-wide are watching to see how Beijing goes about replacing cash — China has convinced financial policy makers everywhere …
Tweets: @marshablackburn and @wsj
| Kul Bhushan / Tech in Asia: |
Singapore-based LingoAce, which helps students learn Mandarin from native speakers, raises a $105M Series C led by Sequoia Capital India — Hugh Yao, a former executive at IBM, Oracle, and Salesforce, moved to Singapore from Beijing in 2012. His son, who was then three years old … | Ian Allison / CoinDesk: |
Sources: Goldman Sachs is among a handful of tier-one US banks working on ways to use bitcoin as collateral for cash loans to institutions — Goldman Sachs is among a handful of tier-one U.S. banks figuring out how to use bitcoin as collateral for cash loans to institutions, according to three people familiar with the plans.
More:
Finbold, Bitcoin Magazine, and Slashdot
Tweets: @jeffjohnroberts, @realwillybot, and @grady_booch
| 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
More:
iThinkDifferent, 9to5Mac, and AppleInsider
Tweets: @zoeschiffer, @s_m_i, @tariq_raouf, @stellafudge, @zoeschiffer, @ashleygjovik, @lorenzofb, @miss_meowtastic, @creative_rants, @b_schmidt, @thepacketrat, @zoeschiffer, @dlberes, @amyambiguity, @codeine_coding, @cherthedev, @creative_rants, @tariq_raouf, @alialimedina42, @alialimedina42, @halophoenix, @krotondo, @alialimedina42, @abrittoutside, @ashleygjovik, @creative_rants, @b34rd3ds41nt, @kadybat, @cherthedev, and @zoeschiffer
| 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.
Tweets: @kellen_browning, @ennisnyt, @bernstein, @jake_randall_yt, and @johnpaczkowski
| 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 … | Lukas I. Alpert / MarketWatch: |
US prosecutors charge two men with running a music royalty scam, collecting $20M+ from YouTube, by falsely claiming rights to 50,000 Spanish language songs — Prosecutors say the men claimed rights to 50,000 Spanish-language songs they didn't own, using the royalty money to buy mansions, fancy cars and jewelry.
Tweets: @tedgioia
| Berber Jin / The Information: |
Crunchbase: investments in crypto-based gaming and commerce startups increased 26x YoY, totaling $3.7B so far in 2021 — Venture capitalists investing in consumer startups are writing more checks for crypto companies than ever before. The deals underscore how blockchain technology …
Tweets: @amir and @berber_jin1
| 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 …
More:
The Verge, Observer, Fortune, Micky, Bitcoin News, Input, BitcoinExchangeGuide, TechRadar, Bankless Times, MobileSyrup, Newser, TechSpot, and Coinspeaker
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