10 things in tech you need to know today
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- Twitter bought Revue. Revue, a competitor to the popular newsletter creator Substack, will operate as a standalone service.
- Microsoft reported quarterly revenue of $43.1 billion. Microsoft's stock price was up as much as over 5% in after-hours trading immediately following the release, to around $242 per share.
- Google halted donations to election refuseniks. The firm won't donate via its PAC this cycle to members of Congress who voted against certifying President Joe Biden's win.
- Google abandoned development for Tilt Brush. The company willinstead open source development of Tilt Brush, its virtual reality painting application.
- Twitter failed to remove viral tweets calling for violence in India. BuzzFeed reported Hindu nationalists called for police brutality against farmers protesting against Prime Minister Narendra Modi's government.
- An Amazon exec supports a minimum wage increase. Amazon SVP of global corporate affairs Jay Carney penned a letter in support of a $15 federal minimum wage.
- MyPillow's CEO got kicked off Twitter. He was cited for violating the platform's civic-integrity policy.
- Exclusive: Snap bought a computer vision startup. The firm acquired Ariel AI, whose 12-strong team has joined Snap's computer vision team and is working on making the Snapchat app's camera smarter.
- The former chairman of MoviePass is returning to entertainment. New venture Zash was cofounded by Ted Farnsworth, who ran MoviePass' parent company, and two investors who have ties to Triller and TikTok.
- Check Point discovered exposed TikTok data. The vulnerability could have enabled attackers to access a users' profile details and the phone number associated with their account. That would have made it possible for criminals to build a database of information to use for account takeovers and other crime, the researchers say.
- With the metaverse, NFTs and DeFi on the rise, Ethereum miners rake in $2 billion in revenue — a jump of 11% over October
- Gen Bipin Rawat, his wife, and 11 others killed in chopper crash near Coonoor in Tamil Nadu
- RBI keeps lending rates intact, remains accommodative
- India remains to be ranked as the fourth most powerful country as per Asia Power Index 2021
- Although Shriram Properties has solid future prospects, Omicron may mess things in the near term