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December 9, 2021, 12:30 PM
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| WABetaInfo: |
WhatsApp begins a limited test of Meta's Novi digital wallet in the US, letting users send and receive crypto within a chat, after launching a pilot in October — Like Love Haha Wow Sad Angry — Today, WhatsApp is finally announcing a small pilot program to some people in the US …
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XDA Developers, CNET, Protocol, CoinDesk, Tech Advisor, The Block, Decrypt, Android Police, TechCrunch, 9to5Mac, Cointelegraph, MacRumors, Pocket-lint, The Verge, and iMore
Tweets: @skasriel, @davidmarcus, @wcathcart, @wcathcart, @joelight, @arturo_p_a, and @davidmarcus
| C-SPAN.org: |
Video of Adam Mosseri's testimony before a Senate Commerce subcommittee examining Instagram's negative effects on teen mental health — Instagram CEO testifies on impact of platform on young users before a Senate Commerce subcommittee.
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Tech Transparency Project, Protocol, Senate Commerce Committee, Engadget, Vox, CNET, Bloomberg, TechCrunch, Yahoo Finance, Vanity Fair, MarketWatch, Associated Press, Washington Post, Washington Times, CBS News, Associated Press, Associated Press, TIME, NBC News, and Mashable
Tweets: @georgia_wells, @abebrown716, @smwat, @accountabletech, @profcarroll, @ceciliakang, @kantrowitz, @willoremus, @swodinsky, @ethanz, @integrity_inst, @swodinsky, @swodinsky, @swodinsky, @jamiedupree, @swodinsky, @swodinsky, @senjohnthune, @swodinsky, @swodinsky, @swodinsky, @drgurner, @swodinsky, @lizzywol, @telecomsense, @lizzywol, @dseetharaman, @integrity_inst, @jmgrygiel, @swodinsky, @marshablackburn, @marshablackburn, @marshablackburn, @marshablackburn, @marshablackburn, @fboversight, @senblumenthal, @zamaan_qureshi, @cat_zakrzewski, @viacristiano, @georgia_wells, @counteringcrime, @jason_kint, @profcarroll, @ceciliakang, @jason_kint, @jason_kint, @fboversight, @jason_kint, @jason_kint, @mikeisaac, @shiringhaffary, @tayhatmaker, @tayhatmaker, @tayhatmaker, @jason_kint, @willoremus, @b_fung, @swodinsky, @swodinsky, @fboversight, @fboversight, @lauren_feiner, @b_fung, @b_fung, and @ceciliakang
| Karissa Bell / Engadget: |
| MacRumors: |
Kuo: Apple's AR headset will include four sets of 3D sensors to offer hand gesture controls and object detection — Apple's long rumored AR headset is predicted to include multiple highly sensitive 3D sensing modules in order to offer an innovative hand gesture and object detecting user interface …
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9to5Mac, Tech Advisor, iThinkDifferent, Wccftech, PhoneArena, The Verge, Patently Apple, iPhone Hacks, AppleInsider, and iMore. Tweets: @scobleizer
| Politico: |
Italy's competition authority fines Amazon €1.13B for allegedly abusing its market position and harming competitors in e-commerce logistics — Italy's competition authority announced Thursday it was slapping a €1.13 billion fine on Amazon for abusing its dominant position in the market …
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AGCM. More:
Engadget, The Economic Times, Ars Technica, Silicon Republic, New York Post, TechCrunch, CNET, HotHardware.com News, Axios, BBC, Washington Post, Financial Times, The Verge, ExchangeWire.com, Financial Times, New York Times, Fortune, The Canberra Times, International Business Times, Forbes, Wall Street Journal, and CNBC
Tweets: @carnage4life and @carnage4life
| Bloomberg: |
Sources: as Ben Horowitz and Marc Andreessen buy Las Vegas properties, they are less involved in a16z's daily operations and cutting down on board memberships — Recently, the Bay Area-based venture capitalist Ben Horowitz took part in a popular pandemic-era pastime: updating the location on his LinkedIn profile.
Tweets: @pt, @lucas_shaw, @chafkin, @tomgara, and @chafkin
| Kollen Post / The Block: |
At a congressional hearing with six crypto executives, committee members voiced concerns about stablecoins and exchanges but showed a warming up to crypto — Quick Take — Today's hearing before the House Financial Services Committee confirmed: Congress is warming up to crypto.
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YouTube, CoinDesk, Wall Street Journal, New York Times, Bitcoin Magazine, CryptoSlate, Decrypt, U.Today, Insider, American Banker, City A.M., Barron's Online, Yahoo Finance, MarketWatch, Politico, Mediaite, Washington Post, Bitcoinist.com, CoinDesk, Forkast, and Bloomberg
Tweets: @reuters, @edzitron, @stellarorg, @reptomemmer, and @carnage4life
| New York Times: |
EU Commission proposes rules turning gig workers into employees, affecting up to 4.1M workers; EU estimates 28M work through digital labor platforms in the bloc — A proposal with widespread political support would entitle drivers and couriers for companies like Uber to a minimum wage and legal protections.
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European Commission, Protocol, Associated Press, Politico, TechCrunch, The Guardian, The Verge, Reuters, CNBC, Wall Street Journal, Bloomberg, City A.M., euronews, CNN, and The Guardian
Tweets: @mamereric, @eu_commission, @carnage4life, @eu_commission, and @saurabhbhbhbh
| Mayank Parmar / BleepingComputer: |
Amazon says it will shut down its global website ranking system Alexa.com on May 1, 2022, after 26 years of operation — Amazon announced on Wednesday plans to shut down its global website ranking system and competitor analysis tool “Alexa.com”, which has been available for 25 years.
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Engadget, TechRadar, The Verge, and Variety
Tweets: @harrymccracken, @martinsfp, @carnage4life, @stuartbruce, and @campuscodi
| Moustafa Ayad / Wired: |
Behind the rise of “alt-jihadists” on social media and how they have adopted alt-right's organizational tactics and imagery to fuel their growing movement — The playbook of the “alt-right” is guiding a new generation of fringe jihadists, showing just how complicated extremism is about to become online.
Tweets: @cepineurope, @isdglobal, @bjornih, and @marklittlenews
| Andrew Thurman / CoinDesk: |
SushiSwap CTO Joseph Delong resigns after reports of project infighting and a 50% drop in the token's price over the past month — Amid a plummeting token price and rumors of infighting, Sushi CTO Joseph Delong announced on Wednesday that he is stepping away from the project “effective immediately.”| Elizabeth M. Renieris / CIGI: |
A look at Cardano, a controversial blockchain-based project led by Ethereum cofounder Charles Hoskinson that aims to build a national ID system for Ethiopia — There are countless examples of the dangers posed by national ID schemes, including from Kenya, Uganda, Pakistan, India and elsewhere.
Tweets: @hackylawyer, @hijodelcuervo, @ahcastor, and @bronwenmanby
| Paul Sawers / VentureBeat: |
CloudBees, which lets companies automate software deployment and quality monitoring, raises a $150M Series F at a $1B valuation — Enterprise-focused software delivery platform CloudBees has raised $150 million in a series F round of funding at a valuation of $1 billion.
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SiliconANGLE, CloudBees, and Silicon UK
| Will Douglas Heaven / MIT Technology Review: |
DeepMind claims its language model RETRO matches the performance of neural networks 25 times its size, cutting the time and cost to train large language models — RETRO uses an external memory to look up passages of text on the fly, avoiding some of the costs of training a vast neural network| Ivan Levingston / Bloomberg: |
SellerX, which buys and grows businesses on Amazon's marketplace, raises $500M in debt and equity at a $1B valuation, bringing its total funding to $750M — - Debt, equity financing of $500 million co-led by Victory Park — Company will use funds to buy up e-commerce brands on Amazon| Financial Times: |
Sources: US will ban investment in SenseTime on Friday citing human rights abuses against Uyghurs, as the Chinese AI company prices its shares in Hong Kong — Facial recognition software specialist targeted for allegedly enabling human rights abuses — The US will put SenseTime … | Ingrid Lunden / TechCrunch: |
Danish startup Pleo, which builds expense management tools for SMBs, raises $200M at a $4.7B valuation led by Coatue Management, bringing its Series C to $350M — Danish startup Pleo, a developer of expense management tools aimed at SMBs to let them issue company cards and better manage … | Ingrid Lunden / TechCrunch: |
Berlin-based Mambu, which offers embedded financial services and banking APIs, raises a €235M Series E at a €4.9B valuation, after raising $135M in January — Embedded finance — where companies tap into APIs to integrate banking and other financial tools without having …
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PR Newswire, altfi.com, PYMNTS.com, FinSMEs, Insider, Silicon Canals, Wall Street Journal, and Tech.eu
| George Anadiotis / ZDNet: |
Edge Impulse, which lets developers create custom ML projects, raises a $34M Series B led by Coatue at a $234M valuation, bringing its total funding to $54M — 55.000 projects, 30.000 developers, $54M funding, and customers including the likes of NASA, in a bit over 2 years.| South China Morning Post: |
China orders another 106 smartphone apps, including popular social network Douban and karaoke app Changba, to be removed from app stores, citing data practices — Authorities say more than a hundred apps, including Douban, have failed to rectify data privacy and security violations Douban …
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Protocol
| Matthew Martin / Bloomberg: |
Saudi food delivery service Jahez aims to raise up to $2.4B in its IPO, pricing shares at $200-$226, on the Nomu exchange; Jahez raised a $36M Series A in 2020 — Saudi food delivery firm Jahez, which competes with companies like Delivery Hero's Hungerstation, is targeting a valuation as high …
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Arab News
| Rebecca Bellan / TechCrunch: |
Robotic Research, which makes on and off-road autonomous vehicles for the US DoD, raises a $228M Series A led by SoftBank Vision 2 and Enlightenment Capital — Robotic Research, a self-driving technology company that has spent the last two decades developing on and off-road autonomous vehicles … | Isabelle Bousquette / Wall Street Journal: |
Work-Bench report: less than 2% of US enterprise software startups, or 354 out of 18,500, have at least one female founder, likely due to issues getting funding — Less than 2% of enterprise software startups in the U.S. feature a female founder, a new report finds
Tweets: @annelibby and @aprilkoh_
| Eliza Gkritsi / CoinDesk: |
BTC.com data: Bitcoin's hashrate now averages 182.83 exahashes/second, near its May peak of 190.55 EH/s, as it recovers from China's mining ban — Mining difficulty is likely to increase this weekend as capacity recovers, but given record-high bitcoin prices, that won't discourage miners.
More:
Fortune, Financial Times, Bloomberg, Bankless Times, and Bitcoin News
| Russell Brandom / The Verge: |
A US appeals court grants a stay in the Epic v. Apple ruling, letting Apple keep its IAP system as the sole source of iOS in-app payments as the case proceeds — Apple can maintain its App Store payment monopoly while the case proceeds — An appeals court has paused one of the most consequential parts …
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New York Times, XDA Developers, TNW, 9to5Mac, Bloomberg, MacDailyNews, thegamer.com, Wall Street Journal, Engadget, iPhone Hacks, TechCircle, FOSS Patents, MSPoweruser, The Register, iMore, VentureBeat, iPhone in Canada Blog, Daring Fireball, Gizmodo, ZDNet, and PC Gamer
Tweets: @hoeglaw, @reneritchie, @fosspatents, @drbarnard, @drbarnard, @johnkoetsier, @jake_k, @markgurman, @backlon, @backlon, @trevorcroker, and @asymco
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