TECH NEWS
Wednesday, 30 November 2022
Salesforce reports Q3 revenue up 14% YoY to $7.84B, vs. $7.82B est., and operating cash flow down 23% YoY to $313M; stock falls 6%+ after hours (Kif Leswing/CNBC)
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As FTX collapsed, mainstream news organizations often failed to give a straightforward assessment of exactly what happened and potential crimes involved (David Z. Morris/CoinDesk)
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San Francisco to allow police 'killer robots' The measure permits police to deploy robots equipped with explosives in extreme circumstances. December 01, 2022 at 02:59AM
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Telegram CEO Pavel Durov says the messaging app plans to build a decentralized crypto exchange and noncustodial wallets (Danny Nelson/CoinDesk)
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UK strikes digital trade deal with Ukraine The agreement is expected to improve cooperation on cyber security, AI and new technologies. December 01, 2022 at 01:39AM
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Tuesday, 29 November 2022
SBF says it was intended for Alameda to roll over at least $20M of its Twitter stake into Musk's privately held Twitter, but doesn't know if that happened (Lucinda Shen/Axios)
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Amazon unveils AWS SimSpace Weaver, a spatial computing service for developers to run real-time city-sized simulations across multiple instances (Brian Heater/TechCrunch)
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IBM and Maersk's blockchain-enabled supply chain offering TradeLens, launched in 2018, will shut down in Q1 2023; Maersk blames a lack of industry collaboration (Christiana Loureiro/The Block)
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A security researcher says Anker's Eufy security cameras sent images to the cloud without user consent and could be accessed without authentication (Nicholas Sutrich/Android Central)
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Republicans Ron DeSantis, Ken Buck, Mike Lee, Marsha Blackburn, others mention legislative action to curb Apple's app market power after Musk tweets about Apple (Sara Dorn/Forbes)
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AWS unveils Amazon Security Lake, a service that automatically centralizes an organization's security data from cloud and on-premises sources into a data lake (Frederic Lardinois/TechCrunch)
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Monday, 28 November 2022
The UK plans to criminalize self-harm content in the updated Online Safety Bill, in line with suicide content, after the death of teenager Molly Russell in 2017 (Charley Adams/BBC)
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Paris-based Kiln, an Ethereum "staking-as-a-service" startup, raised a €17M Series A from Consensys and more; Kiln has $500M+ of staked assets under management (Eliza Gkritsi/CoinDesk)
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Sources: the fall of FTX, one of the first companies to receive a license in Dubai, prompts concerns from UAE officials over embracing crypto too quickly (Ben Bartenstein/Bloomberg)
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New Zealand says Twitter failed to detect or remove clips from the 2019 Christchurch terror attack until the government alerted the company (Eva Corlett/The Guardian)
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The birth pangs of the Grand Theft Auto franchise On its 25th anniversary, an early GTA producer reveals the trials faced by its original developers. November 28, 2022 at 11:51AM
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Source: turmoil at Foxconn's Zhengzhou hub is likely to lower iPhone 14 Pro production by close to 6M units in 2022, potentially worsening if lockdowns continue (Vlad Savov/Bloomberg)
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Sunday, 27 November 2022
China seems to be flooding Twitter with porn tweets mentioning places where people are protesting, overwhelming Twitter's radically reduced anti-propaganda team (Joseph Menn/Washington Post)
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A look at OpenAI's Minecraft bot, which has learned to complete complex tasks in Minecraft after being trained on 70K hours of video of people playing the game (Will Douglas Heaven/MIT Technology Review)
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Shanghai-based eRoad, which offers a cloud-based HR management service with a focus on payroll, raised a ~$140M Series D, after raising an ~$84M Series C (Eudora Wang/DealStreetAsia)
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Saturday, 26 November 2022
Elon Musk claims "all-time high" new Twitter signups, averaging 2M+ a day in the last seven days till November 16, up 66% YoY, and ~8B daily user active minutes (Reuters)
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How live-action YouTube kids channels Vlad and Niki, Like Nastya, and Kids Diana Show, with a total of ~300M subscribers, are building global franchises (R.T. Watson/Wall Street Journal)
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New Delhi-based diabetes management app BeatO raised a $33M Series B led by Lightrock India, with Flipkart and others participating (Debjyoti Roy/Livemint)
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Source: the US DOJ is investigating whether rent-setting software made by RealPage is facilitating collusion among landlords to drive up rental prices (Heather Vogell/ProPublica)
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An in-depth look at the US sanctions on China's chipmakers and worries over their impact on inflation and rising costs for Western manufacturers and customers (June Yoon/Financial Times)
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Friday, 25 November 2022
Experts and employees detail Uber's struggles in Pakistan as it discontinues service in five cities, cuts spending, and faces increased competition from inDrive (Nilesh Christopher/Rest of World)
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How Woolworths, Loblaws, and other retailers are developing digital advertising arms and profiling customers, aiming to become ad venues for large brands (Alistair Gray/Financial Times)
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Twitter: Romance, business and campaigns born on the platform Three women share their stories of how being on Twitter has changed their lives for the better. November 26, 2022 at 05:40AM
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The UK government asks its departments to stop installing Chinese surveillance cameras at sensitive sites, after calls to ban devices from Hikvision and Dahua (Michelle Toh/CNN)
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Report: several US states are investigating Genesis Global as part of an inquiry into interconnectedness of crypto firms, securities laws violations, and more (Christiana Loureiro/The Block)
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The FCC imposes a ban on equipment from Huawei and ZTE, camera providers Hikvision and Dahua, and radio maker Hytera, citing "a risk to national security" (Todd Shields/Bloomberg)
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Thursday, 24 November 2022
Elon Musk says Twitter will offer 'amnesty' to suspended accounts Several accounts - including Donald Trump's - have already been reinstated by the multi-billionaire. November 25, 2022 at 08:45AM
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Germany-based Temedica, which offers a health data insight service to pharma companies, raised a €25M Series B extension, bringing its total Series B to €42M (Dan Taylor/Tech.eu)
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Why Donald Trump isn't returning to Twitter (for now) How the former US president might lose money if he starts tweeting. November 25, 2022 at 06:30AM
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Twitter will offer a "general amnesty" next week to suspended accounts that "have not broken the law or engaged in egregious spam" after 72% vote yes in a poll (Taylor Lorenz/Washington Post)
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Google's Project Zero reported five security flaws in devices with Mali GPUs in the summer, but Samsung, Xiaomi, Google, and others are yet to release patches (Kris Holt/Engadget)
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Mercedes plans to charge $1,200 per year for "Acceleration Increase" in its EVs; Volkswagen, Toyota, and GM have all trialed similar subscription-based features (Luke Plunkett/Kotaku)
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Wednesday, 23 November 2022
A San Francisco Police Department draft policy allowing police to apply lethal force using robots faces criticism from advocates opposing police militarization (Will Jarrett/Mission Local)
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Sources: the FTC is likely to file an antitrust lawsuit to block Microsoft's $69B Activision Blizzard deal; FTC staff are skeptical of the companies' arguments (Josh Sisco/Politico)
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Mark Cuban's interactive streaming app Fireside acquires streaming platform Stremium and plans to launch on smart TVs, Amazon Fire TV, Roku, and other devices (Sarah Perez/TechCrunch)
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Microsoft says hackers used vulnerabilities in Boa web server, discontinued in 2005 but pervasive across IoT devices, to target the Indian power sector (Sergiu Gatlan/BleepingComputer)
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Sources: Amazon plans to spend $1B+ per year to produce and release movies for theaters, starting with a few releases in 2023, and eventually 12 to 15 annually (Lucas Shaw/Bloomberg)
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Meta claims US military link to online propaganda campaign The campaign impersonated media outlets and activists but had "little or no engagement", Meta says. November 24, 2022 at 12:04AM
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Tuesday, 22 November 2022
HP to lay off 4,000 to 6,000 employees, or up to 12% of its workforce, over the next three years as part of a plan to achieve $1.4B in annualized cost savings (Denny Jacob/Wall Street Journal)
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Facebook's Q3 Widely Viewed Content Report: in a first, none of the top 20 posts broke platform rules; sources detail Meta's latest fight against spammy content (Jeff Horwitz/Wall Street Journal)
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FTX: Court says Sam Bankman-Fried ran FTX as a 'personal fiefdom' FTX's collapse was described in court as "one of most abrupt and difficult" in corporate America. November 23, 2022 at 02:01AM
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Since Elon Musk's takeover, sources say Twitter has in some cases chosen not to pay vendors, as it reviews and renegotiates deals to cut expenses (New York Times)
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Meta's researchers detail Cicero, an AI trained to "human level performance" in negotiation-based strategy game Diplomacy, ranking in the top 10% over 40 games (Mack DeGeurin/Gizmodo)
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Monday, 21 November 2022
Twitter charity partners condemn Musk's 'dangerous' changes Two of Twitter's most important civil rights partners criticise reinstatement of Trump and West accounts November 22, 2022 at 02:40AM
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Sources: Genesis is trying to raise at least $1B for its lending unit and warns potential investors that it may need to file for bankruptcy if its efforts fail (Bloomberg)
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