Tech News and Analysis from around the web
Jay Greene / Washington Post:
California Gov. Gavin Newsom signs a bill requiring Amazon and other employers to disclose the use of productivity quotas and more, coming into effect on Jan. 1 — Gov. Gavin Newsom says the new law, which targeted Amazon, will protect workers and give them “the dignity, respect and safety they deserve.”
Austin Carr / Bloomberg:
A look at efforts to close the digital divide in states like Arkansas, as a Microsoft study finds around 120M Americans don't have access to high-speed internet — With help from Washington, the 120 million Americans without high-speed internet access have their best shot in a generation at getting it …
Ingrid Lunden / TechCrunch:
LG is acquiring Israeli startup Cybellum, which detects and assesses vulnerabilities in connected vehicles, for around $240M — LG Electronics, the Korean tech giant that once was a leading player in mobile phones but is now winding down that business, is making an acquisition that points …
Aruna Viswanatha / Wall Street Journal:
US federal judge orders Facebook to hand over records on posts removed for promoting violence against Rohingya Muslims in Myanmar — Federal judge rules social-media company must hand over information about posts removed for promoting violence against Rohingya Muslims
Kate Park / TechCrunch:
Singapore-based Cobo, which provides crypto custody and financial services, raises $40M Series B co-led by DST Global, A&T Capital, and IMO Ventures — Cobo, a Singapore-based crypto asset management platform, raised a $40 million Series B to accelerate the development of decentralized finance as a service (DFaaS).
Taylor Soper / GeekWire:
Seattle-based Remitly, which lets users send and receive money across borders, raises $300M+ in its IPO at a valuation of nearly $7B — Remitly will be valued at nearly $7 billion when it goes public on Thursday. — The Seattle company priced shares at $43 on Wednesday evening …
Ben Bajarin / Creative Strategies:
Analysis: Apple Silicon's GPU performance gains have averaged 19% YoY over the past five years, but the A15 Bionic jumped 52% — For years now, Apple's tight integration of its products and Apple Silicon have evolved in lockstep. From my point of view as an analyst, and one that has been …
Kyt Dotson / SiliconANGLE:
Iron Ox, an autonomous farming startup, raises $53M Series C led by Breakthrough Energy Ventures, bringing its total raised to $98M — Iron Ox Inc., an automated farming startup from California, today announced it has raised $53 million in new funding led by Breakthrough Energy Ventures.
Catherine Shu / TechCrunch:
Spenmo, a Singapore-based provider of automated bill payments software and corporate cards for SMBs, raises $34M Series A led by Insight Partners — Spenmo originated as an expense management platform before realizing that expenses “are just a tiny sliver” of a company's payables …
Igor Bonifacic / Engadget:
Twitter plans to stop tweets from disappearing when the timeline auto-refreshes, in a series of updates over the next two months — address a longstanding complaint people have had with its mobile app. If you use the software frequently, you may have noticed tweets will sometimes disappear …
Sources: Biden plans to nominate Cornell law professor and cryptocurrency critic Saule Omarova to run the Office of the Comptroller of the Currency — - OCC nominee Omarova favors shifting bank accounts to Fed — She would be first woman to serve as comptroller if confirmed
Tom Warren / The Verge:
Discord is testing Watch Together, a feature that lets members broadcast YouTube videos, after Google forced the shutdown of two popular music bots on Discord — Discord music returns, kind of — Discord is starting to test YouTube integration, just weeks after Google-owned YouTube forced two popular Discord music bots offline.
Jessica Guynn / USA Today:
Industry groups representing Facebook, YouTube, and Twitter sue Texas over a law that lets residents sue social networks that ban them for their political views — Technology trade groups that represent Facebook, Google's YouTube and Twitter are suing Texas to stop a new state law that cracks …
Catalin Cimpanu / The Record:
Researchers say an Exchange Autodiscover bug can be used to obtain Windows users' domain and app credentials; Microsoft is investigating — Security researchers have discovered a design flaw in a feature of the Microsoft Exchange email server that can be abused to harvest Windows domain and app credentials from users across the world.
John Loeffler / TechRadar:
Microsoft announces the Surface Adaptive Kit, with tactile labels for locating keycaps and ports, and device opener support, for laptop users with disabilities — Microsoft is leading the way on accessibility, again — The Microsoft Fall 2021 event is over and we saw lots of incredible new devices …
If only we had journalism covering itself we'd probably learn they've been doing the exact same thing since the dawn of journalism. This is a big defect in our system, no one is watching journalism. (link)
- For example, what do you think the Pulitzer Prize is, other than a bunch of ads they do about journalism every year. No doubt the awards are highly politicized, and stories looking too deeply into corrupt journalism probably don't stand much chance of getting an award.
- Until there's some way for journalism's corruption to be exposed, why would any intelligent person think there's anything but corruption in journalism? In an Occam's Razor sort of way. I'm watching The Wire, about to start Season 5, btw, if you know what that's about. ;-)
- There's this great scene at the end of Season 4, with Bodie and McNulty on a park bench. Bodie is talking about how fucked up the bosses are in the drug mob in Baltimore. It sounds just like what McNulty would say about the police department. That's the point.
- Here's the scene with Bodie and McNulty. (link)