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December 6, 2021, 6:30 PM
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| The Markup: |
Sources: Life360, a family safety app with 33M users, has sold users' precise location since 2016 and is one of the location data broker industry's top sources — The app is a major source of raw location data for a multibillion-dollar industry that buys, packages, and sells people's movements
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XDA Developers, AppleInsider, MacRumors, 9to5Mac, iDownloadBlog.com, KnowTechie, and Pixel Envy
Tweets: @themarkup, @wolfiechristl, @jsrailton, @alisoncroggon, @tldtoday, @journeydan, @kateward, @jordannovet, @juliaangwin, @parkerortolani, @bergmayer, @hypervisible, @jsrailton, @dangillmor, @bradmccarty, @carlhancock, @juliaangwin, @themarkup, @jboogie, @omartosca, @juliaangwin, @juliaangwin, @astepanovich, @harrisonweber, @alfredwkng, and @jshermcyber
| Jon Porter / The Verge: |
WhatsApp now lets users set all one-to-one chats to disappear by default after 24 hours, seven days, or 90 days — Its disappearing messages feature is getting an upgrade — WhatsApp is adding new functionality to its disappearing messages feature, which lets users set messages in a chat …
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WhatsApp.com, Softpedia News, TechCrunch, BleepingComputer, The Independent, Meta, Redmond Pie, XDA Developers, Social Media Today, Appleosophy, The Economic Times, Pocket-lint, MUO, MSPoweruser, iPhone in Canada Blog, SlashGear, Hindustan Times, iThinkDifferent, Android Central, Tech Advisor, and iMore. Facebook: Mark Zuckerberg
| Ben Smith / New York Times: |
A document from TikTok's engineering team in Beijing details the app's addictive algorithm, which pursues DAUs by optimizing for “retention” and “time spent” — It's the most successful video app in the world. Our columnist has obtained an internal company document …
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The Verge, Gizmodo, Garbage Day, Insider, Input, and TechRadar
Tweets: @zeyiyang, @jeremybmerrill, @akcronin, @jerrydunleavy, @willoremus, @lmatsakis, @mims, @gwbstr, @caulfieldtim, @acerbialberto, @jimbethell, @mims, @amondalek, and @lmatsakis
| Emma Roth / The Verge: |
Verizon, AT&T, and T-Mobile all have programs that collect additional customer data, like app usage, location, and web history, and they are generally opt-out — Verizon says it's to better “understand your interests” — The My Verizon app might be collecting information about your browsing history …
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USA Today, PCMag, Input, Reclaim The Net, KnowTechie, Droid Life, Pixel Envy, and IT Management
Tweets: @emroth08, @rtphokie, and @benlikestocode
| Lucas Matney / TechCrunch: |
Lyft CFO Brian Roberts, who joined the company in 2014 and took it public, leaves to become CFO at NFT marketplace OpenSea — Lyft's long-time CFO Brian Roberts, who took the company public, announced Monday that he was departing the ride share company that he joined in 2014 to take the same role at NFT marketplace OpenSea.
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Bloomberg, Blockworks, OpenSea Blog, and The Block
Tweets: @bkroberts, @colegottweets, @crypto, @idekmort, @crypto, and @xanderatallah
| Catalin Cimpanu / The Record: |
Microsoft seizes 42 domains allegedly used by a Chinese cyber espionage group that targeted organizations in the US and 28 other countries — Microsoft said today that its legal team has successfully obtained a court warrant that allowed it to seize 42 domains used by a Chinese cyber-espionage group … | Bloomberg: |
Investigation: Swiss company Mitto, which offers text message services to companies in 100+ countries, helped governments surveil phones; Mitto denies the claim — Mitto AG's network used to track people via mobile phones, former employees say. — The co-founder of a company that has been trusted …
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The Bureau of Investigative …, Gizmodo, Slashdot, and PCMag
Tweets: @rondeibert, @kimzetter, @kevinwhitelaw1, @rj_gallagher, @katebevan, @jiten_jain, @hatr, @moltke, @kimzetter, @tbij, and @marietjeschaake
| Andrew E. Kramer / New York Times: |
US investigators traced ransomware payments back to companies in the Moscow skyscraper Federation Tower East, suggesting Russia tolerates ransomware operators — Cybersecurity experts tracing money paid by American businesses to Russian ransomware gangs found it led to one of Moscow's most prestigious addresses.
Tweets: @ddd1ms, @adam_k_levin, @epro, @stick631, @hatr, and @ericgarland
| Julian E. Barnes / New York Times: |
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CNN, The Record, CNET, The Hill, Threatpost, CyberScoop, Washington Post, Fortune, Dark Reading, TechRadar, Midday Macro, Bagheera's Newsletter, and Slashdot
Tweets: @nicoleperlroth, @campuscodi, @diakopter, @zcohencnn, @imposecost, @julianbarnes, and @jeffstone500
| Ben Thompson / Stratechery: |
Amazon's extensive supply chain investments, mostly focused on domestic US logistics, make it increasingly attractive to third-party merchants and customers — It seems like a Christmas miracle. From CNBC: … The intended takeaway of this article — which originated as a digital special report …
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Insider, CNBC, and Blue Potion
| Dean Takahashi / VentureBeat: |
Facebook Gaming announces a Play with Streamer feature that lets creators invite audience members to join a game, debuting alongside Pac-Man Community's launch — Mark Zuckerberg unveiled that Pac-Man Community is debuting on Facebook Gaming as one of the first games where audiences can play together while spectating.| Financial Times: |
Researchers detail Meta's roadblocks, like pre-publication review and restrictive contracts, and how it stifles research that might cast it in a negative light — Last March, Orestis Papakyriakopoulos, a researcher at Princeton University, applied to use a special data access tool that allows academics to do research on Facebook.
Tweets: @madhumita29, @paultang, @emmalbriant, @sasjabeslik, and @rasmus_kleis
| Dave Lee / Financial Times: |
DoorDash shifts from its gig worker model and hires 60 couriers as full-time employees, starting at $15/hour, to launch sub-15-minute grocery deliveries in NYC — Delivery app says outdated employment law prompted new structure in break with gig worker model
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DoorDash Newsroom, DoorDash, TechCrunch, Protocol, The Verge, Wired, Axios, and The Rideshare Guy Blog …
| Mark Gurman / Bloomberg: |
Many customers complain that T-Mobile and Verizon are denying promised rebates for promoted Apple products — Some customers are finding that wireless carriers are denying rebates used to promote Apple Inc.'s newest iPhones, iPads and watches. Plus, omicron's impact on Apple and the company loses yet another car executive.
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CNET, Ars Technica, MacRumors, iThinkDifferent, 9to5Mac, XDA Developers, Macworld, Android Police, Input, MacDailyNews, iMore, Forbes, Softpedia News, Philip Elmer‑DeWitt, KnowTechie, Digital Trends, BGR India, iPhone in Canada Blog, Tom's Guide, BGR, TechRadar, Redmond Pie, MobileSyrup, iPhone Hacks, Mashable, MacRumors, iThinkDifferent, Gizchina, MacRumors, MacRumors, AppleTrack, Wccftech, Benzinga, Philip Elmer‑DeWitt, AppleInsider, and 9to5Mac
Tweets: @harrymccracken, @scobleizer, @VadimYuryev, @robz2687, @markgurman, and @lukemiani
| Chainalysis Insights: |
Analysis: users have spent $26.9B+ on NFTs in 2021, most transactions are under $10K, and CryptoPunks is the most popular collection with $3B sales since March — This blog is a preview of our 2021 NFT Market Report. Click here to download the whole thing!
More:
Protocol, Bankless Times, Cryptonews, NFT Alpha, TechSpot, Decrypt, and VentureBeat
| Joseph Williams / Bloomberg: |
Call center software provider Genesys raises $580M at a $21B valuation led by Salesforce Ventures — - Salesforce Ventures led $580 million round joined by Zoom — Effort signals booming demand for call center software — Call center software provider Genesys Cloud Services Inc. raised $580 million …
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PR Newswire, SiliconANGLE, Silicon Valley Business …, and Reuters
| Mia Sato / The Verge: |
YouTube publishes its first Copyright Transparency Report, showing H1 2021 had 2.2M+ videos hit with incorrect copyright claims and 729M total copyright claims — Creators have complained about the claims and appeal process — Over 2.2 million YouTube videos were hit with copyright claims … | Mary Ann Azevedo / TechCrunch: |
Hometap, which lets homeowners get cash by taking on an investor in their house, raises $60M led by American Family Ventures, bringing its total funding to $95M — Hometap, a startup that offers people a way to borrow against the equity in their homes without taking out loans, has raised $60 million in new funding.| Jordan Novet / CNBC: |
MongoDB reports Q3 revenue of $227M, up 50% YoY, a net loss of $81.3M, up from $72.7M YoY, and Atlas cloud database revenue up 84%; stock up 17%+ — - Revenue growth accelerated, including in the fast-growing Atlas cloud service category. — Sales and marketing expenses continue to mount.| Natasha Mascarenhas / TechCrunch: |
Platzi, which offers classes to Latin American professionals on coding, design, and more raises a $62M Series B, says 60% of its students spend $300 annually — When it comes to scaling online communities, Platzi CEO Freddy Vega thinks that edtech can take a few notes from the video game industry.
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PYMNTS.com, Entrepreneur, and FinSMEs
| Alistair Gray / Financial Times: |
GroupM: global ad revenue will reach $763B in 2021, up 18.7% from 2019; Alphabet, Meta, and Amazon control 80-90% of the digital ad market outside of China — Alphabet, Meta and Amazon have doubled their share of ad revenues in past 5 years, industry estimates
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City A.M., Wall Street Journal, The Drum, Digiday, and Hollywood Reporter
Tweets: @megancgraham and @digitalshields
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