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December 7, 2021, 5:30 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:
Reuters, MacRumors, TheStreet, Insider, CNET, 9to5Mac, AppleInsider, iPhone in Canada Blog, Cult of Mac, iMore, Daily Mail, iThinkDifferent, Philip Elmer‑DeWitt, MacDailyNews, iDownloadBlog.com, Livemint, iPhone Hacks, and iClarified
Tweets: @zeyiyang, @waynema, @elliosch, @caseynewton, @alexeheath, @amir, @niubi, @joshdcaplan, 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 …
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status.aws.amazon.com, Gizmodo, NPR, 9to5Mac, Bloomberg, SiliconANGLE, HotHardware.com News, GeekWire, Australian Financial Review, Associated Press, The Register, MobileSyrup, PC Gamer, Cord Cutters News, CRN, TechCrunch, IGN, Bloomberg, The Sun, The Hill, Tom's Guide, Insider, AFTVnews, Kotaku, Polygon, Game Rant, Android Central, iMore, WRAL TechWire, and Smartsheet Status
Tweets: @thestalwart, @higginsdunn, @levynews, @annierpalmer, @stevekovach, @mhoye, @smulpuru, @backlon, and @smarthomesolver
| Lauren Kaori Gurley / VICE: |
Delivery companies and hundreds of Amazon workers say the company's Flex and Dolphin apps for logistics and time tracking are down, halting some deliveries — There's a mix of frustration and joy from workers as AWS outages cause chaos with Amazon's delivery infrastructure during its busy season.
More:
CNBC and BleepingComputer
Tweets: @teamcoworker, @motherboard, @jason_koebler, @josephfcox, @laurenkgurley, and @vice
| 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, VICE, Game Developer, Protocol, Cointelegraph, CryptoPotato, GamesIndustry.biz, IGN, thegamer.com, Video Games Chronicle, Polygon, and MSPoweruser
Tweets: @ubisoft, @tezos, @innesmck, @dippizuka, @sayemahmd, @kevinlasean, @futterish, @mitchyd, @genepark, @daveweigel, @chrisbratt, @tezos, @alexhern, @alexhern, @chrisbratt, @chrisbratt, @nftyq, @jasonschreier, @joshbusker, 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.| Jamie Tarabay / Bloomberg: |
Google sues two Russians it claims help run a botnet that has infected 1M+ devices and uses 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:
The Keyword, Washington Post, ZDNet, Engadget, PCMag, The Record, TechCrunch, Google, The Hill, BleepingComputer, cybernews.com, and Slashdot
Tweets: @business, @shanehuntley, @robleathern, @karolcummins, and @josephmenn
| 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, The Information, and Engadget
Tweets: @thedextriarchy, @edzitron, @alexeheath, @scobleizer, @martinsfp, @alexeheath, @roberee, and @stevekovach
| 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:
TechCrunch, iTnews, TheStreet, Silicon Republic, TechRadar, TechSpot, Protocol, Engadget, TechCrunch, and The Verge
Tweets: @ludwig, @jonty, @robinwauters, @licuende, @martinsfp, @chrismessina, @carnage4life, @kayvz, @can, @justjake, @caseynewton, and @dr
| 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, Engadget, RCR Wireless News, Android Central, Light Reading, and Protocol
Tweets: @jrosenworcelfcc, @jimsteyer, @lauren_feiner, @deadline, @killedbygoogle, @taralach, @repcardenas, and @pweiser
| 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 … | 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, TheStreet, and Protocol
Facebook: Stan Chudnovsky. Tweets: @harrymccracken, @sal19, @kurtwagner8, @mattnavarra, @newsynick, @stevekovach, and @alexeheath
| 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 … | Lauren Thomas / CNBC: |
Stitch Fix reports Q1 revenue of $581M vs $571M est. and cuts its revenue outlook for the fiscal year, citing ongoing supply chain pressures; stock drops 15%+ — - Stitch Fix reported a narrower-than-expected fiscal first-quarter loss and beat analysts' sales expectations.
Tweets: @stevekovach
| THE ELEC, Korea Electronics Industry Media: |
Sources: Samsung partnered with Microsoft this summer on a HoloLens project slated to launch in 2024; Samsung will likely be the hardware manufacturer — - Gijong Lee - 승인 2021.12.07 13:25 - 댓글 0 … Samsung Display and other affiliates also taking part
More:
PhoneArena, MSPoweruser, and SamMobile
| Lizzy Lawrence / Protocol: |
Q&A with Julien Codorniou, the outgoing head of Meta's 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, Adweek, Felix Capital, TechCrunch, and CNBC
| Axios: |
Seventeen newspapers groups representing ~150 papers quietly filed antitrust lawsuits in the past year against Google and Facebook for monopolizing ad market — Newspapers all over the country have been quietly filing antitrust lawsuits against Google and Facebook for the past year … | Eric Geller / Politico: |
White House officials met with Google, Juniper, Mandiant, AT&T, Cloudflare, VMware, and Lumen to discuss combating hackers hired by regimes and criminal gangs — As cyber threats from countries like Russia multiply, officials met with corporate executives to pitch their vision for “operational collaboration.”| 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.
More:
Protocol. Tweets: @newyorker, @ampressman, @gladstein, @grady_booch, @andrewmarantz, and @jtruk
| 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, MSPoweruser, VentureBeat, WinBuzzer, Security Boulevard, Windows Central, HackRead, PCMag, TechRadar, The Register, and SiliconANGLE
Tweets: @campuscodi, @adam_k_levin, @campuscodi, @campuscodi, @pburelli, @byron_wan, @vshih2, @arstechnica, @nytimesbusiness, @infosecsherpa, and @msftissues
| Packy McCormick / Not Boring: |
The allure of speculative Web3 returns is attracting talent that 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
| Thomas Black / Bloomberg: |
Quantinuum, recently spun off from Honeywell, offers the first product created solely by a quantum computer, encryption keys that it claims can't be predicted — - Company says quantum computing's power improves security — Product to compete against offerings from Amazon, Microsoft| Danny Nelson / CoinDesk: |
Blockchain analysis startup TRM Labs raises a $60M Series B from Tiger Global, Amex, Visa, Citi, Block, PayPal, after Mastercard's CipherTrace acquisition — After Mastercard bought CipherTrace in September, American Express and Visa are throwing their weight behind TRM.| Kenrick Cai / Forbes: |
Anyscale, which helps apps run efficiently across distributed infrastructure with the open-source project Ray, raises a $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.
Tweets: @kenrickcai
| Bloomberg: |
Crypto critic Saule Omarova, who was Biden's pick to lead the OCC, withdraws her name from consideration following Senate fights over her background — President Joe Biden's pick to lead a key U.S. banking regulator has withdrawn her name from consideration, according to a statement from the White House.| 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, Intel, Forbes, Light Reading, Coinspeaker, The Times of Israel, The Register, CNBC, Telecoms.com, Reuters, Silicon Republic, Barron's Online, Silicon Valley Business …, New York Times, SiliconANGLE, Oregonian, MarketWatch, TechCrunch, Protocol, and Bloomberg
Tweets: @benbajarin, @epro, @pgelsinger, @mobileye, @djtgallagher, and @djohnson_cpa
| Taylor Soper / GeekWire: |
Portland-based Torq, which offers no-code security tools that automate workflows, 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, Portland Business Journal, Torq, Silicon Florist, CTech, VentureBeat, 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-skinned ones — Price differences based on race and gender are emerging among the CryptoPunk NFTs. What do the disparities mean?
More:
CryptoSlate and Cointelegraph
Tweets: @misyrlena, @friscojosh, @wealth, @crypto, @welshdalailama, and @ericajoy
| Ingrid Lunden / TechCrunch: |
Mimecast, which makes email security tools, says private equity firm Permira is taking 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, GlobeNewswire News Room, Channel Futures, Bloomberg, MarketWatch, and CRN
| Ryan Browne / CNBC: |
Atomico: European startups will raise a record $121B in 2021, up from $41B in 2020, with <1% going to those founded this year; 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, Financial Times, PYMNTS.com, Bloomberg, Tech.eu, Coinspeaker, The Times, TechCrunch, and Forbes
Tweets: @pantopinik, @hkanji, @ryan_browne_, @amirmizroch, @afneil, and @svb_financial
| Bloomberg: |
A look at the impact of a COVID-19 outbreak at an 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
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