Twitter bans sharing private images and videos without consent, with exceptions for newsworthiness and public figures, and will remove content that users report
Twitter has expanded its private information policy to include media, banning users from sharing photos or videos of a private individual without their permission. Source: Twitter .
Jack Dorsey joins other tech leaders who seem to have grown tired of managing their platforms, amid increasing political controversy and hard-to-fix problems
Jack Dorsey, who is stepping down after six years as Twitter's chief executive, is one of the tech leaders who seem to have grown tired of managing their empires.
Qualcomm unveils Snapdragon 8 Gen 1, with improved camera and AI processing and up to 20% better performance and 30% better power efficiency over Snapdragon 888
Faster performance, better cameras, improved AI, and more — Qualcomm has a new flagship smartphone processor …
Goldman Sachs partners with AWS to provide its market data and software tools to hedge funds and asset managers as a new service, GS Financial Cloud for Data
Hugh Son / CNBC :
Microsoft announces Teams Essentials, a $4/month standalone version of Teams for small businesses with a simplified UI, focus on meetings, and no Office apps
This standalone version of Teams is even more of a Zoom competitor — Microsoft is creating its first standalone version of Microsoft Teams for small businesses.
UK's CMA orders Meta to sell Giphy, after finding the deal could harm rival platforms by denying access to GIFs, social media users, and UK advertisers
After its investigation found it could harm competition — The UK's competition regulator has officially ruled that Facebook parent … Source: GOV.UK .
Sources: China plans to ban companies from going public on foreign markets through variable interest entities, closing a loophole used by its tech companies
China is planning to ban companies from going public on foreign stock markets through variable interest entities …
Adobe: US consumers spent $10.7B online on Cyber Monday, below expectations and down 1.4% from $10.8B in 2020, as many shoppers returned to physical stores
- Consumers logged online Monday and spent $10.7 billion, marking a 1.4% decrease from year-ago levels, according to data from Adobe Analytics.
Qualcomm plans to integrate Google's Vertex AI NAS into its Neural Processing SDK, starting with the Snapdragon 8 Gen 1, to automate the creation of AI models
Charlie Osborne / ZDNet :
The NY Federal Reserve launches an innovation center to support the agency's analysis of digital currencies, including CBDCs, and improve cross-border payments
Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve's local offices.
Twitter should consider changing its business model as its ad revenue remains weak, despite its locked-in userbase, indispensability, and impenetrable moat
Crypto.com says it plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash
- Small Exchange is backed by Citadel, Peak6, Jump Capital — Cash deal is expected to be completed in first half of 2022
Meta selects AWS as its “long-term strategic cloud provider”, a partnership that includes helping AWS customers run Pytorch framework
The company formerly known as Facebook built an impressive array of computing infrastructure over the last decade. Over the next 10 years, it plans to also draw on the cloud.
Reddit announces real-time features, including live upvote, downvote, and comment counts, typing indicators, and viewership figures for posts
You'll see typing indicators, too — Reddit is introducing some big changes on Wednesday by adding new real-time features.
Match Group says it will pay $441M to settle claims by Tinder founders and execs that Match undervalued the app to avoid paying up to $2B in mid-2017
Company says it would pay $441 million to plaintiffs, including dating app's co-founders — Match Group Inc. has settled a lawsuit filed …
Foldable smartphone shipments reached a record 2.6M units in Q3, up 480% YoY, with Samsung accounting for 93% of shipments followed by Huawei at 6%
Austin, TX - — Q3'21 was a record quarter for foldable smartphone shipments as expected, given the successful launch of the Samsung Galaxy Z Flip 3 …
Q&A with Frances Haugen on becoming a whistleblower, leaving Facebook after moving to Puerto Rico due to health, Meta, plans to run simulated social networks
When the Wall Street Journal launched a series of explosive articles based on internal Facebook documents in September, people naturally wondered about the source. Tweets: @dlberes , @giladedelman , @...
Oculus rolls out v35, adding a mixed reality camera feature that requires an iPhone XS or above, Messenger Calling in VR, a new cloud backup system, and more
An upcoming update to the Oculus Quest and Meta Quest 2 will add mixed reality capture via iPhone and calling via Messenger, Mark Zuckerberg confirmed.
Research: Amazon revenue from third-party sellers will reach $121B in 2021, up from $60B in 2019, as seller fees reach 34%, up from 30% in 2018 and 19% in 2014
Amazon's dominance of online retail means that small businesses have little choice but to rely on its site to reach consumers.
1inch Network, which offers the popular DEX aggregator 1inch app, raises a $175M Series B led by Amber Group, bringing its total funding to $190M
Quick Take — 1inch Network has raised $175 million in a Series B funding round. — The project is looking to serve institutional customers …
Niels Juul, who produced Scorsese's The Irishman, launches NFT Studios and plans to raise $8M-$10M to fund a feature film by selling 10,000 NFTs
Niels Juul hopes to raise up to $10m and says he wants to ‘democratise’ antiquated funding system — The executive producer behind blockbusters …
A look at Particle, founded by an ex-Christie's exec and others, which plans to split Banksy's Love Is in the Air into 10,000 pieces to be sold as NFTs
A former Christie's executive has joined cryptocurrency experts to create a company that purchases art and sells the fragments as NFTs.
David Marcus, the co-creator of Diem and head of Novi, will leave Meta at the end of the 2021; current Novi VP of Product Stephane Kasriel will lead Novi
and I remain as passionate as ever about the need for change in our payments and financial systems — my entrepreneurial DNA has been nudging me for too many mornings in a row to continue ignoring it. ...
Amazon touts “record-breaking Black Friday through Cyber Monday sales”, in sharp contrast to reports of lackluster sales for the broader e-commerce industry
AWS launches its ARM-based Graviton 3 processor, claiming it will be 25% faster than Graviton 2 and three times faster for ML workloads
Salesforce promotes Bret Taylor to Vice Chair of the Board and co-CEO alongside Marc Benioff, effective immediately
many congrats! https://twitter.com/... Deepak Singh / @mndoci : Is this is a good time to say that I miss FriendFeed :) https://twitter.com/... Dare Obasanjo / @carnage4life : Bret Taylor who became t...
Blockchain audit service CertiK raises an $80M Series B2, following $61M across B and B+ rounds, at a nearly $1B valuation led by Sequoia Capital
Quick Take — CertiK, a blockchain and smart contract auditing firm, has raised another $80 million. — The firm is now valued at nearly $1 billion.
Anchor, which offers cloud-based autonomous billing tools for companies, raises a $15M seed led by Rapyd Ventures and others
Companies often spend an incommensurate amount of time chasing overdue payments, which distracts them from their core businesses, and brings forth cash flow issues.
GlobalFoundries reports Q3 net revenue rose 56% YoY to $1.7B as profit reached $5M, up from a $293M loss YoY, in its first post-IPO earnings report
The financial report was the company's first as a public company, which started trading publicly in October
Spain-based Jobandtalent, a marketplace matching temps with employers, raises a $500M Series E at a $2.35B post-money valuation led by Kinnevik
Spain's Jobandtalent, a “workforce marketplace”-cum-digital temping agency which uses AI to match workers to casual labor gigs in sectors like warehousing …
The Facebook Papers offer glimpses into how users perceive Meta's ad products, like the impact of its reaction emojis, and the concerns raised by employees
The “Facebook Papers” have been revelatory when it comes to how the company formerly known as Facebook deals with content moderation and a wide variety of other issues. Tweets: @joshsternberg , @marty...
The Amazon Appstore and apps downloaded from it are broken on Android 12, despite the new OS version launching over a month ago
Amazon unveils SageMaker Canvas, which lets business users build ML prediction models with a point-and-click UI, following similar offerings by Azure and others
Crypto trading volume in Indonesia this year reached ~$50B by October, up over 10x YoY, despite the government and the Ulema Council forbidding crypto payments
Crypto is booming on the archipelago. Its proponents aren't who you'd think — Ananda Badudu is 32 years old … Tweets: @restofworld , @anxioushuxley , @blackamazon , @leomschwartz , @restofworld , a...
Microsoft's inclusion of buy-now-pay-later app Zip in Edge is seen by some as heavy-handed, adding bloatware that may lessen the browser's privacy and security
Microsoft shareholders approve a proposal asking the company's board to publish a workplace sexual harassment report, in a rare win for activists
Jordan Novet / CNBC :
UK crowdfunding service Seedrs will be acquired by US investing platform Republic for $100M, after UK's CMA blocked a planned Seedrs-Crowdcube merger
Daniel Thomas / Financial Times :
Privacy-focused cryptocurrency startup Iron Fish, which launched its IRON coin in April 2021, raises a $27.6M Series A led by a16z
Bitcoin mining firm Griid says it will go public via a SPAC in Q1 2022 at a valuation of around $3.3B, including debt
Frank Chaparro / The Block :
Tel Aviv-based Frontegg, which helps SaaS companies track user data, raises a $25M Series A led by Insight Partners
Frederic Lardinois / TechCrunch :
CyCognito, which helps eliminate critical security risks in IT ecosystems, raises a $100M Series C at an $800M valuation led by The Westly Group
Kyle Wiggers / VentureBeat :
Sydney-based Harrison.ai, which uses AI-based tools to help improve the diagnosis process in health care, raises a $92.3M Series B led by Horizons Ventures
Harrison.ai, a Sydney-based company that creates medical devices with AI technology, announced today it has raised $129 million AUD …
The “omicron” crypto token soaring in value following news of the COVID-19 variant is yet another example of how cryptocurrencies create artificial scarcity
Matt Levine / Bloomberg : Tweets: @matt_levine , @nathantankus , @jomicheii , @crypto , @mikeolson , and @pkafka Tweets: Matt Levine / @matt_levine : This newsletter is an anti human evolution ideolo...
Jana Partners urges Zendesk to abandon its plans to acquire Momentive, which owns SurveyMonkey, rather than wait for a shareholder vote; Zendesk closed up 7.36%
Cara Lombardo / Wall Street Journal :
Dubai-based iMile, a courier startup for Chinese vendors, raises a $40M Series A at a $350M valuation; sources: ByteDance invested ~$10M at a lower valuation
Nicolas Parasie / Bloomberg :
Simpl, a Bangalore-based buy now, pay later service, raises a $40M Series B led by Valar Ventures and IA Ventures, bringing its total funding to $83M
Manish Singh / TechCrunch :
Brazilian neobank Nubank lowers its IPO range from $10-$11 to $8-$9, targeting a $41.5B valuation and raising up to $2.6B
Michael Pooler / Financial Times :
Box reports Q3 revenue of $224M, up 14% YoY, vs. $218.6M est., and billings of $231.5M, up 25% YoY, and a net retention rate of 109%, up from 103% YoY
24 Exchange, which wants to let users trade stocks 24/7 like crypto, raises $14.25M led by Point72 Ventures; SEC approval or rejection is expected in 2022
Alexander Osipovich / Wall Street Journal : Tweets: @dannycrichton Tweets: Danny Crichton / @dannycrichton : Interesting that LTSE wants to make trading more thoughtful, and 24 Exchange wants it to b...
Sources: Indian food delivery service Swiggy is raising $600M-$700M at a $10.5B valuation led by Invesco, up from $5.5B in April
Bloomberg :
Sources: Zappos CEO Kedar Deshpande is stepping down, a year after replacing Tony Hsieh; Scott Schaefer, VP of finance, will take over as interim CEO
Vancouver-based Klue, which uses data to help companies improve sales, raises a $62M Series B led by Tiger Global, following a $15M Series A in September 2020
Aisha Malik / TechCrunch :
PeopleFund, a South Korea-based P2P lending service, raises a $63.4M Series C led by Bain Capital, as it looks to beef up its ML-powered credit scoring system
Kate Park / TechCrunch :
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.