Financial Times:
Sources: UK's CMA is expected to block Meta's proposed acquisition of Giphy — Move would be the first time the competition watchdog has reversed a Big Tech acquisition — The UK competition regulator is expected to block Meta's acquisition of online gif platform Giphy in the coming days …
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Sunday, November 28, 2021
Sources: UK's CMA is expected to block Meta's proposed acquisition of Giphy (Financial Times)
Apple resumes product sales in Turkey, increasing prices by 25%
This device alerts risk of heart attack due to over exercising
Why Visa is complaining about RuPay to the US government
Coinstore Crypto Exchange Enters India Despite Fear of Ban on Trade
Amazon wants India to ‘cancel’ Reliance-Future deal, here’s why
Deep Dive Into Decentralised Finance: Valuing DeFi Blockchains
A look at the challenges spies face with biometrics, smartphones, and surveillance cameras, and how AI sifting through data changes espionage (Warren P. Strobel/Wall Street Journal)
Warren P. Strobel / Wall Street Journal:
A look at the challenges spies face with biometrics, smartphones, and surveillance cameras, and how AI sifting through data changes espionage — U.S., rivals seek ways to adapt spycraft to a changing world; being on the grid can blow your cover, but so can staying off
UK-based Motorway, a second-hand car auction site used by 4K+ car dealers, raises a $190M Series C at a $1B+ valuation after raising a $67.7M Series B in June (Mike Butcher/TechCrunch)
Mike Butcher / TechCrunch:
UK-based Motorway, a second-hand car auction site used by 4K+ car dealers, raises a $190M Series C at a $1B+ valuation after raising a $67.7M Series B in June — It was only in June that Motorway - a U.K. platform on which professional car dealers can bid in an auction for privately owned cars for sale …
Sky Mavis says its crypto-based game Axie Infinity quadrupled DAUs in under 3 months to 2M in October, as some analysts question Axie's economic sustainability (Financial Times)
Financial Times:
Sky Mavis says its crypto-based game Axie Infinity quadrupled DAUs in under 3 months to 2M in October, as some analysts question Axie's economic sustainability — Video game analysts are questioning the economic sustainability of pay-to-play ‘Axie’ — Eight months ago …
Slice, whose credit cards are used by 5M+ people in India and let users pay their bills interest-free over three months, raises a $220M Series B (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
Slice, whose credit cards are used by 5M+ people in India and let users pay their bills interest-free over three months, raises a $220M Series B — Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread earlier this year and wondered aloud what he needs to do to turn his startup into a unicorn before he turns 30.
Vestager asks the EU Parliament and Council to approve the Digital Markets Act and the Digital Services Act as a matter of urgency, even if they are imperfect (Javier Espinoza/Financial Times)
Javier Espinoza / Financial Times:
Vestager asks the EU Parliament and Council to approve the Digital Markets Act and the Digital Services Act as a matter of urgency, even if they are imperfect — EU competition chief argues in favour of getting “80 per cent now than 100 per cent never” — Margrethe Vestager …
How "neo-conglomerates" like Apple, Amazon, Alphabet, Microsoft, and Meta replaced and outgrew industrial conglomerates like GE, Toshiba, and Johnson & Johnson (Christopher Mims/Wall Street Journal)
Christopher Mims / Wall Street Journal:
How “neo-conglomerates” like Apple, Amazon, Alphabet, Microsoft, and Meta replaced and outgrew industrial conglomerates like GE, Toshiba, and Johnson & Johnson — As General Electric and other old-school behemoths break up, Amazon, Apple, Alphabet, Microsoft and Meta are taking …
Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)
Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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