Techmeme
December 6, 2021, 10:10 AM

Top News

Mark Gurman / Bloomberg:
Many customers complain that T-Mobile and Verizon have failed to deliver promised rebates for promoted Apple products in a straightforward manner  —  Some customers are finding that wireless carriers are denying rebates used to promote Apple Inc.'s newest iPhones, iPads and watches.
Reuters:
Alibaba says it will appoint a new CFO and reorganize its e-commerce businesses under two new divisions, one domestic and one international  —  Alibaba Group Holding Ltd (9988.HK) said Toby Xu, will succeed Maggie Wu as the company's chief financial officer from April, a move it described …
Ben Smith / New York Times:
A document from TikTok's engineering team in Beijing details the product's addictive algorithm, which optimizes for “retention” and “time spent”  —  It's the most successful video app in the world.  Our columnist has obtained an internal company document that offers …
Bloomberg:
Investigation: Swiss company Mitto, which offers automated text messages to companies in 100+ countries, helped governments secretly surveil mobile phone users  —  Mitto AG's network used to track people via mobile phones, former employees say.  —  The co-founder of a company that has been trusted …
Julian E. Barnes / New York Times:
The head of US Cyber Command says the US military has “taken actions” against ransomware groups, the first public acknowledgement of the offensive measures  —  Gen. Paul M. Nakasone, the head of Cyber Command, said a new cross-functional effort has been gathering intelligence …
Benedict Evans:
Overview of macro tech trends, with a focus on Web3, metaverse, and the move to the cloud, which is just beginning as on-prem IT spend still dwarfs cloud spend  —  The most exciting themes in technology today are transformative visions for 2025 or 2030: crypto, web3, VR, metaverse... and then everything else.
David Streitfeld / New York Times:
Some Amazon sellers are backdating books to fool Amazon's algorithms into changing where they appear, often allowing the sellers to charge exorbitant prices  —  A 2011 thriller was supposed to cost $15.  One merchant listed it at $987, with a 17th-century publication date.
Catherine Shu / TechCrunch:
Nearside, an online bank for SMBs, raises a $58M Series B led by Valar Ventures, after raising a $20M Series A in April 2021  —  Nearside, the online bank for SMBs formerly called Hatch, announced today it has raised a $58 million Series B, just seven months after announcing its Series …

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Issie Lapowsky / Protocol:

Earlier Picks

Christopher Mims / Wall Street Journal:
RT:
Emma Roth / The Verge:
Katie Schoolov / CNBC:
Tim Copeland / The Block: