Techmeme
December 7, 2021, 12:15 PM

Top News

Wayne Ma / The Information:
Sources: a secret deal between Tim Cook and China, brokered in 2016, paved the way for Apple's success by promising to invest $275B+ in the country's economy  —  Interviews and internal Apple documents provide a behind-the-scenes look at how the company made concessions to Beijing and won key legal exemptions.
Catalin Cimpanu / The Record:
Microsoft seizes 42 domains allegedly used by a Chinese cyber espionage group that targeted organizations in 29 countries including the US  —  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 …
David McCabe / New York Times:
Ahead of a congressional hearing, Adam Mosseri outlines forthcoming parental controls for Instagram, including monitoring time spent and deleting posts in bulk  —  Adam Mosseri, the head of the company, is expected to face questions from lawmakers this week about whether social media harms children.
Cho Mu-Hyun / ZDNet:
Samsung merges its mobile and consumer electronics divisions into one business unit led by JH Han, and names Kyehyun Kyung as the CEO of its semiconductor unit  —  The Galaxy-device maker's smartphone and TV divisions will now be run by a single CEO.  —  Samsung said on Tuesday it has merged …
Zac Hall / 9to5Mac:
Twitter acquires messaging app Quill, which will shut down and delete all user data on December 11 after launching earlier this year to challenge Slack  —  In February 9to5Mac reported on the launch of a focus-focused Slack competitor called Quill.  Today Twitter is bringing Quill under its wing …
Kenrick Cai / Forbes:
Anyscale, which helps apps run efficiently across distributed infrastructure with the Ray open source framework, raises $100M Series C led by a16z and Addition  —  The UC Berkeley computer science labs, from which seven academics formed $38 billion data startup Databricks, have minted a second billion-dollar business.
Christine Hall / TechCrunch:
Circle, a community platform where creators can manage content and memberships, raises a $24.7M Series A led by Tiger Global at a $200M post-money valuation  —  Having a thriving community is the backbone for creators, but when the global pandemic hit, brands also found that they needed similar engagement …
Wall Street Journal:
Intel plans to take its Mobileye unit public, sources say at a $50B+ valuation; Intel acquired the self-driving car company in 2017 for about $15B  —  Move could value Mobileye at more than $50 billion, according to people familiar with the matter  —  Intel Corp. is planning to publicly list shares …
Anita Ramaswamy / TechCrunch:
Majority, a mobile banking service serving migrants to the US, raises a $27M Series A led by Valar Ventures, six months after its $16M seed round  —  MAJORITY, a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in its Series A funding round led by Valar Ventures.
More: FinLedger and Finextra
Packy McCormick / Not Boring:
The allure of speculative returns on Web3 is attracting talent, who in turn will create opportunities for more people to earn money by doing what they find fun  —  More fun making money, and more money having fun … Today's Not Boring is brought to you by... Mosaic
Bloomberg:
NFT data shows price differences based on race and gender; the average minimum sale price of darker-skinned male CryptoPunks trails lighter ones  —  Price differences based on race and gender are emerging among the CryptoPunk NFTs.  What do the disparities mean?
D. T. Max / New Yorker:
An in-depth look at Welshman James Howells' desperate efforts to excavate his local landfill to recover a hard drive with 8,000 bitcoins mined in 2013  —  For years, a Welshman who threw away the key to his cybercurrency stash has been fighting to excavate the local landfill.
Eric Geller / Politico:
White House officials met with Google, AT&T, Cloudflare, Mandiant, and others in Silicon Valley to discuss combating state-sponsored hackers and criminal gangs  —  As cyber threats from countries like Russia multiply, officials met with corporate executives to pitch their vision for “operational collaboration.”
More: SlashdotTweets: @ericgeller, @ericgeller, and @ericgeller
Ryan Browne / CNBC:
Atomico: European tech startups will raise a record $121B in 2021, up from $41B in 2020, with <1% going to early-stage; 98 unicorns were created in 2021  —  - Start-ups in Europe are on track to haul in a record $121 billion in funding this year, according to a report from venture capital firm Atomico.

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro (experimental) is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
Introducing the UiPath Platform™ for agentic automation  —  UiPath's new platform empowers enterprises to experience the full power of AI to transform industries
Zoho:
Mastering bot filtering and Apple MPP compliance  —  Why is bot filtering important for your business?  As marketers, we live and breathe data.  Open rates, click-through rates, conversions—these metrics serve as the compass that guides our campaigns.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Azeem Azhar's Exponential View:
What does Spain's blackout mean for the future of clean energy?
Azeem Azhar explores how AI and exponential technologies are shaping our future.
Subscribe to Azeem Azhar's Exponential View.
Techmeme Ride Home:
OpenAI Backtracks
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Channels with Peter Kafka:
How to fight Apple and (maybe) win, with Epic Games CEO Tim Sweeney
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
David Senra - The Focused Few
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
HubSpot CEO on the Future of SaaS, AI, & Leading Through Change
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Inside Devin: The world's first autonomous AI engineer that's set to write 50% of its company's code by end of year | Scott Wu (CEO and co-founder of Cognition)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:15 PM ET, December 7, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Bloomberg:

Earlier Picks

Jordan Novet / CNBC:
The Markup:
Dean Takahashi / VentureBeat: