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December 22, 2021, 7:50 PM
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| Washington Post: |
Survey of 1,058 US internet users: 72% distrust Facebook, 63% TikTok, 60% Instagram, 53% WhatsApp, and 53% YouTube; 53% trust Amazon, 48% Google, and 44% Apple — You'll find all the usual technology suspects inside Mary Veselka's Pearland, Tex., home. There's her iPhone … | Katanga Johnson / Reuters: |
The US CFPB orders online payday lender LendUp to shutter lending operations after finding it repeatedly lied to and illegally cheated its customers — WASHINGTON, Dec 21 (Reuters) - (This December 21 story corrects date of LendUp wind-down from 2020 to 2022)
More:
Protocol, Consumer Financial …, Bloomberg Law, American Banker, MarketWatch, LendIt Fintech News, Banking Dive, PYMNTS.com, and Crowdfund Insider
Tweets: @chopracfpb, @protocol, @chiefofstuffs, @plainsite, @vinistic, @helaineolen, @thorntonmcenery, @consumeraction, @reuterslegal, @martymadrid, @cajunbanker, @kleebeard, @ellenychang, @janaedoes, @mikulaja, @alexbenjamin__, @chopracfpb, @nikmilanovic, @sandofsky, @mikulaja, @chopracfpb, @aaschapiro, @matthewstoller, @dancharvey, and @pt
| Vlad Savov / Bloomberg: |
Jack Dorsey's tweet sparks uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity” — Fresh off relinquishing the chief executive reins of Twitter Inc., Bitcoin enthusiast Jack Dorsey …
Source:
@jack. More:
The Verge, Decrypt, CoinDesk, YouTube, Benzinga, The Hill, TESLARATI, Slate, New York Post, afrotech.com, Input, Product and Politics, Cointelegraph, Khakis & Leather, and CryptoPotato
Tweets: @jack, @jack, @elonmusk, @micsolana, @cobie, @jack, @cobie, @joemccann, @asvanevik, @tyler, @maxkeiser, @balajis, @matthuang, @malwaretechblog, @carnage4life, @loganbartlett, @0xdoug, @mattysino, @balajis, @pt, @jack, @alex_danco, @tyler, @prestonjbyrne, @levie, @nischalshetty, @cobie, @bigblackjacobin, @sam_l_shead, @cobie, @samkazemian, @jgopikrishnan70, @zachweinberg, @levie, @benedictevans, @timgriffin77, @karaswisher, @cobie, @mutedialog, @slightlylate, @pitdesi, @antoniogm, @getongab, @jack, @kelseyhightower, @adamscochran, @mdudas, @balajis, @nikitabier, @ourielohayon, @mdudas, @erikvoorhees, @cdharrison, @backlon, @packym, @nadertheory, @howardlindzon, @samecwilliams, @gaberivera, @kevinsekniqi, @jason, @karlbode, @jack, @jack, @antoniogm, @thestalwart, @pierce, @thestalwart, @lopp, @kelseyhightower, @terenceleejx, @joemccann, @jakeudell, and @thestalwart
| Reuters: |
Chinese state media says regulators suspended an info-sharing partnership with Alibaba Cloud over accusations it failed to promptly report and fix a Log4j flaw — Chinese regulators on Wednesday suspended an information-sharing partnership with Alibaba Cloud Computing …
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South China Morning Post, ZDNet, The Hacker News, SiliconANGLE, Protocol, Wall Street Journal, ExchangeWire.com, Benzinga, and Slashdot
Tweets: @ocramius, @lukolejnik, @campuscodi, @campuscodi, @rpotter_9, @imposecost, @cristingoodwin, and @kevincollier
| The Economic Times: |
India bans 20 YouTube channels and two websites for alleged “anti-India” propaganda from Pakistan, invoking its new IT Act's emergency powers for the first time — India banned 20 YouTube channels and two websites on Monday for allegedly running anti-India propaganda from Pakistan … | Ben Dummett / Wall Street Journal: |
Skillsoft, which makes training software for businesses, acquires edtech startup Codecademy for $525M in cash and stock; Codecademy raised $40M in February — Acquisition is Skillsoft's largest deal since going public in June — Skillsoft Corp. has agreed to acquire rival U.S.-based …
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Skillsoft, ZDNet, and SiliconANGLE
Tweets: @kennethlove, @twittner, @zsims, @skillsoft, @ariannasimpson, and @denehyxxl
| Tom Krisher / Associated Press: |
The US NHTSA opens an investigation to evaluate the driver distraction potential of Tesla's Passenger Play gaming feature, covering 580K cars from 2017 to 2022 — ATHENS, Ohio (AP) — The U.S. has opened a formal investigation into Tesla allowing drivers to play video games on a center touch screen while its vehicles are moving.
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Reuters, Wall Street Journal, Gizmodo, The Verge, MobileSyrup, Observer, SiliconANGLE, thegamer.com, CNET, Engadget, KnowTechie, Ars Technica, WRAL TechWire, Protocol, Insider, and GameSpot
Tweets: @ghsahq, @kevin_stank, @brandonlive, @coreypein, @davidzipper, and @visionzeronet
| FinSMEs: |
HyperScience, which uses AI to extract data from business forms, raises a $100M Series E led by Global Founders, Tiger, Stripes, and Bessemer — Hyperscience, a NYC-based human centered automation company, raised $100m in Series E funding. — The round was led by existing investors Global …
More:
SiliconANGLE and AlleyWatch
| Lucas Matney / TechCrunch: |
A Discord announcement bot for Justin Kan's NFT platform Fractal was hacked by a scammer who made off with about $150K, before the platform even launched — Despite billions in VC investment, many web3 crypto platforms are still pretty hostile places for users new to the crypto world.
More:
The Verge, Fractal, The Block, Input, thegamer.com, Cotten.IO, Protocol, and GameSpot
Tweets: @zachbussey, @xbenjamminx, @0xdevant, and @geerlingguy
| Nilay Patel / The Verge: |
Q&A with Logitech CEO Bracken Darrell on meeting pandemic demand, relationships with Apple and Amazon, killing the Harmony remote line, USB-C, and more — Logitech is one of those ubiquitous companies — it's been around since 1981, selling all kinds of important things that connect …
Tweets: @naterethorn, @fghori, @davezatz, @reckless, and @reckless
| Gillian Tan / Bloomberg: |
Triller agrees to merge with adtech company SeaChange, taking the TikTok rival public at a ~$5B valuation; PitchBook: Triller's most recent valuation was $1.25B — Triller, a social-video platform, agreed to a merger with Seachange International Inc. in a move that will take the smaller rival to TikTok public.
More:
GlobeNewswire News Room, Reuters, Protocol, Light Reading, and TechCrunch
Tweets: @scottnover and @lanceulanoff
| The Markup: |
Amazon warehouse workers in Oregon say they saw a spike in COVID-19 cases this fall after the company started rolling back pandemic safety protocols — Two Oregon warehouses have been in an active outbreak for nearly 19 months. Elsewhere in the country, warehouse workers report continual cases| Alex Konrad / Forbes: |
Retool, a low-code tool for creating enterprise apps, raises a $20M Series C from Stripe's founders and others at a $1.85B pre-money valuation — Covering venture capital, software and startups — When Retool CEO David Hsu set out recently to raise fresh funding for his low-code software startup …
More:
Retool Blog, SiliconANGLE, and Silicon Republic
Tweets: @snirkodesh, @shahzadyounas_, @eekedm, @alexrkonrad, @alexrkonrad, @juliechentweets, @jrichlive, @alexrkonrad, @eladgil, @natfriedman, @charleyma, and @schreier. Thanks:@alexrkonrad
| David Pierce / Protocol: |
Interview with Automattic's Matt Mullenweg on working from his always-connected RV, making “the Berkshire Hathaway of the internet”, and betting on open systems — In the early days of the pandemic, Matt Mullenweg didn't move to a compound in Hawaii, bug out to a bunker …
Tweets: @protocol, @protocol, @benpimentel, @amontalenti, @pierce, @protocol, @karynelevy, @jboogie, @gavreilly, @automattic, and @glynmoody
| Chris Vallance / BBC: |
The UK's ASA bans a webpage and a Facebook post promoting Arsenal FC's Socios-based Fan Tokens, as the club “failed to illustrate the risk of the investment” — A web page and a Facebook post by Arsenal football club promoting crypto-based fan tokens broke advertising rules, a watchdog has ruled.
More:
asa.org.uk, The Guardian, The Verge, Decrypt, Coinspeaker, Bloomberg, Reuters, Cointelegraph, Associated Press, Cryptonews, Football.London, Financial Times, The Athletic, and CoinDesk
Tweets: @josephmdurso, @josephmdurso, @tariqpanja, @jamesbenge, @josephmdurso, @josephmdurso, and @josephmdurso
| Nathan Grayson / Washington Post: |
OfflineTV VR, a virtual version of an LA pop-up built by a group of Twitch streamers and McDonald's, shows the limits of brand-constructed VR spaces — A man with no face rises into the sky. Thanks to a stray beam of artificial sunlight, it almost appears he has a halo. Onlookers gather to gawk.
Tweets: @vahn16, @vahn16, @launcherwp, @vahn16, @vahn16, @vahn16, and @washingtonpost
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