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December 7, 2021, 2:45 PM
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| Wayne Ma / The Information: |
Sources: Tim Cook brokered a secret five-year deal with China in 2016, paving 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.
More:
MacRumors, TheStreet, Insider, CNET, 9to5Mac, iThinkDifferent, AppleInsider, iMore, iClarified, iPhone in Canada Blog, iDownloadBlog.com, Daily Mail, Livemint, Cult of Mac, Philip Elmer‑DeWitt, MacDailyNews, and iPhone Hacks
Tweets: @caseynewton, @joshdcaplan, @waynema, @elliosch, @amir, @niubi, and @amir
| Richard Lawler / The Verge: |
An AWS outage that began around 10:45am ET has led to disruptions for many services including Disney+, Tinder, Roku, Coinbase, Cash App, Amazon Music, and Venmo — Amazon says it is working toward a solution — Problems with some Amazon Web Services cloud servers are causing slow loading …
More:
Gizmodo, 9to5Mac, GeekWire, CNBC, Australian Financial Review, Associated Press, The Register, MobileSyrup, SiliconANGLE, NPR, Engadget, CRN, status.aws.amazon.com, The Sun, The Hill, Insider, PC Gamer, Game Rant, AFTVnews, Kotaku, Polygon, Android Central, iMore, WRAL TechWire, Smartsheet Status, and NBC News
Tweets: @higginsdunn, @stevekovach, @mhoye, @smarthomesolver, @smulpuru, and @backlon
| Andrew Hayward / Decrypt: |
Ubisoft will add NFT items into its games, starting with Ghost Recon Breakpoint on the Tezos blockchain, becoming the first major gaming company to do so — In brief — Major game publisher Ubisoft will implement in-game NFT items into its games, starting with Tom Clancy's Ghost Recon Breakpoint.
More:
YouTube, VentureBeat, Game Developer, Protocol, GamesIndustry.biz, IGN, Polygon, Video Games Chronicle, and MSPoweruser
Tweets: @daveweigel, @jasonschreier, @tezos, @chrisbratt, @innesmck, @futterish, @chrisbratt, @nftyq, @chrisbratt, @joshbusker, @alexhern, @alexhern, and @stroughtonsmith
| David McCabe / New York Times: |
Ahead of a congressional hearing, Adam Mosseri outlines Instagram parental controls coming in March, including monitoring time spent and bulk deleting posts — Adam Mosseri, the head of the company, is expected to face questions from lawmakers this week about whether social media harms children.
Source:
Meta. More:
CNBC, BBC, TheStreet, NPR, Wall Street Journal, Protocol, Fortune, PYMNTS.com, PCMag, Insider, CNET, Android Headlines, The Verge, TechCrunch, CNN, Bloomberg, Reuters, and Engadget
Tweets: @instagram, @dmccabe, @mosseri, @karaswisher, @metanewsroom, @jeremarketer, @jason_kint, @roncharles, @alexvoica, @swodinsky, @stevekovach, @andymstone, and @gregorynyc
| 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 … | Russell Brandom / The Verge: |
The Senate confirms Jessica Rosenworcel to lead the FCC, the first female chair in the agency's history, in a 68 to 31 vote — She will be the first female chair in FCC history — On Tuesday, the Senate voted 68 to 31 to confirm Jessica Rosenworcel's re-appointment to the Federal …
More:
CNBC, RCR Wireless News, Engadget, Light Reading, Protocol, Reuters, Variety, and The Hill
Tweets: @jrosenworcelfcc, @lauren_feiner, and @deadline
| Alex Heath / The Verge: |
Hands-on with Snap Spectacles, announced in May: lightweight, bold design, and impressive AR, but overheating and a 30-minute battery is why they aren't on sale — Mainstream AR glasses are still years away — It doesn't take long to realize why Snap's first true AR glasses aren't for sale.
More:
Protocol, TechCrunch, and Engadget
Tweets: @alexeheath, @roberee, @martinsfp, @alexeheath, and @stevekovach
| 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 …
Source:
Microsoft On the Issues. More:
Ars Technica, Microsoft Security Blog, New York Times, The Verge, The Hacker News, Windows Central, TechCrunch, BleepingComputer, HackRead, Security Boulevard, WinBuzzer, PCMag, TechRadar, The Register, SiliconANGLE, and Slashdot
Tweets: @campuscodi, @campuscodi, @campuscodi, @byron_wan, @nytimesbusiness, @infosecsherpa, and @msftissues
| Kurt Wagner / Bloomberg: |
Stan Chudnovsky, Meta's Messenger chief who is also leading the integration of Meta's messaging services, will leave the company, plans to stay until Q2 2022 — The executive has been overseeing efforts to integrate the company's messaging services — Stan Chudnovsky, the Meta Platforms …
More:
CNBC and WeRSM
Tweets: @sal19, @kurtwagner8, @mattnavarra, @newsynick, @stevekovach, and @alexeheath
| Zac Hall / 9to5Mac: |
Twitter acquires messaging app Quill, which will shut down and delete all user data on December 11 after launching in February 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 …
More:
quill.chat, TheStreet, Silicon Republic, Protocol, Engadget, and The Verge
Tweets: @ludwig, @can, @robinwauters, @licuende, @martinsfp, @carnage4life, @kayvz, @justjake, @caseynewton, and @dr
| Tom Warren / The Verge: |
Discord begins testing Premium Memberships, letting creators monetize servers through tiered perks, make channels or servers exclusive to paying users, and more — You'll soon be able to subscribe directly to Discord servers — Discord is starting to test a new Premium Memberships feature …
More:
PCMag, Protocol, TechCrunch, and VentureBeat
| Wall Street Journal: |
Intel plans to take its Mobileye unit public in mid-2022, 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
More:
Financial Times, Forbes, Intel, Coinspeaker, Light Reading, Silicon Republic, The Times of Israel, The Register, Barron's Online, CNBC, Telecoms.com, Silicon Valley Business …, New York Times, SiliconANGLE, Oregonian, MarketWatch, TechCrunch, Protocol, Bloomberg, and iTnews
Tweets: @pgelsinger, @mobileye, @benbajarin, @epro, @djtgallagher, and @djohnson_cpa
| Lizzy Lawrence / Protocol: |
Q&A with Julien Codorniou, Meta's outgoing head of Workplace, on expanding into enterprise services, maintaining privacy, the future of Workplace, and more — As a parade of executives have announced plans to leave Meta (formerly known as Facebook), employees know exactly where to look …
More:
Insider, LinkedIn, CNBC, Adweek, TechCrunch, Felix Capital, and The Irish Times
| Thomas Black / Bloomberg: |
Quantinuum, recently spun off from Honeywell, claims it has created the first quantum-generated encryption key, which can't be predicted — - Company says quantum computing's power improves security — Product to compete against offerings from Amazon, Microsoft| 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.| 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
Tweets: @ldrogen, @divine_economy, @startupstella, @packym, @jonst0kes, @jposhaughnessy, @michaelbatnick, and @timrpeterson
| Jamie Tarabay / Bloomberg: |
Alphabet sues two Russians it claims help run a botnet that's infected 1M+ devices and has command-and-control server addresses stored on Bitcoin's blockchain — - Complaint says the two created a sophisticated ‘botnet’ — Glupteba sells stolen logins, credit cards, Google says
More:
Washington Post, PCMag, TechCrunch, The Record, Axios, The Hill, BleepingComputer, and Slashdot
| Antoine Gara / Financial Times: |
Sources: Thoma Bravo is raising $35B for tech company buyouts; in 2021, the PE firm acquired RealPage for $10.2B and Proofpoint for $12.3B — US-based specialist on a software acquisition binge is raising $35bn for more — The mood was buoyant when private equity executives congregated …
Tweets: @antoinegara and @robinwauters
| 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.”| Ingrid Lunden / TechCrunch: |
Mimecast, which makes email security tools, says PE firm Permira plans to take it private in a $5.8B all-cash deal; Mimecast has been public since 2015 — Nine months after competitor Proofpoint was scooped up by Thoma Bravo for $12.3 billion, Mimecast is also going the private equity route.
More:
SiliconANGLE, Bloomberg, CRN, GlobeNewswire News Room, and MarketWatch
| 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.
Tweets: @newyorker, @gladstein, @grady_booch, @andrewmarantz, and @jtruk
| Danny Nelson / CoinDesk: |
Blockchain analysis startup TRM Labs raises a $60M Series B with Visa, Citi, Block, and PayPal among investors, following Mastercard's CipherTrace acquisition — After Mastercard bought CipherTrace in September, American Express and Visa are throwing their weight behind TRM.| Juli Clover / MacRumors: |
Report: the US DOJ has asked Roblox why it changed “games” to “experiences” on its website, and asked Roblox and other developers to clarify the difference — The United States Justice Department is investigating Apple for antitrust issues, and Roblox is an area …
Source:
The Information. More:
PYMNTS.com, AppleInsider, Digital Trends, iMore, iThinkDifferent, and 9to5Mac
Tweets: @youfoundsam_rbx and @joshua_sisco
| Taylor Soper / GeekWire: |
Portland-based Torq, which offers no-code automated security tools, raises a $50M Series B led by Insight Partners — The news: Portland, Ore.-based startup Torq landed a $50 million Series B round. Founded last year, the 71-person company helps customers automate their security processes.
More:
TechCrunch, CTech, VentureBeat, Portland Business Journal, and SiliconANGLE
| 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?
More:
Cointelegraph, Bankless Times, Protocol, TechSpot, NFT Alpha, Cryptonews, Decrypt, VentureBeat, and Chainalysis Insights
Tweets: @misyrlena, @crypto, @friscojosh, @ericajoy, @wealth, and @welshdalailama
| 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.| 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 … | Bloomberg: |
A look at the impact of a COVID-19 outbreak at a STMicroelectronics chipmaking factory in Malaysia, as pressure to increase production overrode safety concerns — While companies and governments push to keep supply chains running, ordinary people are the ones putting their lives at risk.
More:
Bloomberg. Tweets: @rover829, @business, @kakayy, @stuartlwallace, @hancocktom, and @tinssoldier. Thanks:@pelstrom
| 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.
Source:
State of European Tech 2021. More:
Silicon Republic, PYMNTS.com, Bloomberg, Coinspeaker, Tech.eu, The Times, TechCrunch, Forbes, and Sifted
Tweets: @hkanji, @ryan_browne_, @amirmizroch, and @afneil
| Gillian Tan / Bloomberg: |
Incode Technologies, an ID verification and authentication service, raises $220M at a $1.25B valuation led by General Atlantic and SoftBank Latin America Fund — - Identify verification, authentication firm raises $220 million — New valuation represents roughly 10-fold lift over prior mark
More:
SiliconANGLE, VentureBeat, Crunchbase News, Reuters, and FinSMEs
| Matthew Heimer / Fortune: |
AgentSync, which helps insurance agencies manage broker onboarding, licensing, and compliance requirements, raises a $75M Series B at a $1.2B valuation — Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. — Learning from mistakes …
More:
TechCrunch and Insurance Journal
| Martin Anderson / Unite.AI: |
Study: AI research regularly reuses a small number of ML datasets by a few institutions like Stanford, Microsoft, Princeton, Meta, Google, Max Planck, and AT&T — A new paper from the University of California and Google Research has found that a small number of ‘benchmark’ machine learning datasets … | Kyle Wiggers / VentureBeat: |
Heap, which automates company analytics by collecting and organizing customer behavioral data, raises a $110M Series D at a $960M valuation — Heap, a platform for digital analytics, today announced that it raised $110 million in a financing round led by Sixth Street Capital and Goldman Sachs …
More:
FinSMEs and Business Wire
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