Kuo: Apple AR headset to launch in late 2022 with an M1-like chip and no tethering to a Mac or an iPhone; Apple wants to replace the iPhone with AR in 10 years
Apple's long-rumored augmented reality (AR) headset project is set to bear its first fruit late next year with the launch …
EU proposes broad disclosures about political ads and banning targeting based on sensitive data, but not microtargeting, and fines of up to 5% of global revenue
Proposed measure would ban targeting political ads based on categories such as religious views, sexual orientation
Sources: Chinese regulators asked Didi Global's management to devise a plan for delisting from the NYSE over concerns about leaking sensitive data
- Regulators asked Didi brass to devise a plan to go private — Forced delisting will be severest action against China Tech
Israel reduces the countries approved for export of cyber tools from 102 to 37, most of which are in the West, after the US sanctioned NSO Group and Candiru
The Ministry of Defense has reduced the number of countries approved for export of cyber tools by Israeli companies from 102 to 37
Roblox sues Ruben Sim, a YouTuber it banned over harassment and sexual content, for leading a “cybermob” that it says terrorizes its platform and developers
The banned Roblox user is also a popular and controversial YouTube creator, Ruben Sim
UK's CMA says Google has agreed to an expanded set of commitments as part of the regulator's oversight in the development of Privacy Sandbox
As part of an ongoing antitrust investigation into Google's Privacy Sandbox by the UK's competition regulator, the adtech giant has agreed …
A look at some key design challenges in crypto and Web3, from onboarding to wallet security, that need to be addressed for the next generation of users
It's still early days in crypto. — That's what you'll hear everywhere when you start digging into crypto and web3 today. Tweets: @ourielohayon , @developer_dao , @alexisohanian , @bx , @stammy , @al...
Adam Mosseri agrees to testify about Instagram's effects on teenage users before a Senate Commerce subcommittee during the week of December 6
New York Times :
Klarna posts a pre-tax loss of $344M from January to September, up 4x YoY, and says it's entered nine markets since the start of 2020 and now has 90M+ customers
- Klarna posted a pre-tax loss of 3.1 billion Swedish krona ($344 million) from January to September, a fourfold increase from the same period a year ago.
Verizon and AT&T offer to reduce the power coming from 5G towers for six months as the FAA examines possible aircraft interference
Wall Street Journal :
Spotify confirms it is testing Discover, a TikTok-like vertical feed of music videos that appears to repurpose Canvas videos, in its iOS app
Sarah Perez / TechCrunch :
Pinterest settles discrimination lawsuits by releasing former employees from NDAs and pledging $50M to overhaul its corporate culture and promote diversity
one of the two Pinterest whistle-blowers from last summer, who went on to co-sponsor a CA law for whistle-blower protection and create a handbook for tech workers thinking about speaking out — in my l...
China says it is considering setting up a digital asset exchange in Beijing and calls for faster trials of the digital yuan
China is considering setting up a digital asset exchange in Beijing as officials push to promote usage of the digital yuan and crack down on cryptocurrencies.
Coinbase acquires crypto wallet startup BRD and says BRD wallet users will have the option to migrate to the Coinbase wallet in 2022
Michael McSweeney / The Block :
How one Nigerian university student turned to cybercrime during the pandemic to pay his bills, driven by high unemployment, few well-paying jobs, and boredom
so excited we published his first feature, a nearly year in the making, at @TheRecord_Media! https://therecord.media/... https://twitter.com/... @therecord_media : Since the start of the pandemic, Nig...
UMC and Micron agree to withdraw their IP complaints against each other, with UMC paying Micron a one-time undisclosed sum, following a years-long legal battle
Debby Wu / Bloomberg :
Coveo, which offers AI-powered enterprise search and personalization services, raises CAD$215M from its Toronto IPO, one of Canada's largest tech IPOs this year
- Coveo shares fell below issue price twice in its first week — Company closed one of the largest Canadian tech IPOs this year
Meituan reports fourth consecutive quarterly loss of $1.57B in Q3 on revenue of $7.6B; its core food delivery business posted revenue of $4.14B, up 28%
Chinese food delivery giant Meituan (3690.HK) reported a fourth consecutive quarterly loss on Friday, as it plowed more investment into expanding its various businesses.
Chinese e-commerce company Pinduoduo reports $3.3B in Q3 revenue, up 51% YoY, vs. $4.1B est., and 741.5M MAUs, up 15% YoY; stock is down 18%+
Shares in Chinese e-commerce platform Pinduoduo Inc (PDD.O) plunged as much as 19% in pre-market U.S. trade on Friday after the company missed …
Everstox, which offers product management and monitoring software for logistics operators, raises a €20M Series A led by Acton Capital
Patricia Allen / EU-Startups :
Check Point details MediaTek DSP firmware vulnerabilities in some Android smartphones that could be exploited to eavesdrop; MediaTek released patches in October
Filings: Google Ireland agreed to a €345.2M tax settlement with Irish authorities; Google Ireland had €48.4B in revenue in 2020, up from €45.7B in 2019
Charlie Taylor / The Irish Times :
Chinese GPU maker Moore Threads raises a $313M Series A co-led by Source Code Capital, Shanghai Guosheng Group, and Bohai Sheng Industrial Fund Management
Liya Su / DealStreetAsia :
Sources: at least nine state-run Chinese companies, including China Mobile, tell staff to stop using Tencent's chat app Weixin, citing security concerns
Keith Zhai / Wall Street Journal :
Baidu wins approval to start collecting fares for Apollo Go robotaxis in Beijing's Yizhuang district, the first such approval in a large Chinese city
Poshmark's market cap is now $1.4B, a 50%+ drop from its January IPO, as revenue growth slowed to 16% in Q3, down from 42% in Q1, amid Apple's privacy changes
Q&A with Christie's head of marketing Neda Whitney on selling NFTs, expanding beyond traditional high-value artwork, the metaverse, and more
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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.