The Coinbase Blog: Coinbase shares an internal email on an upcoming NYT story alleging several Black employees had negative experiences, says it “will paint an inaccurate picture” — In the spirit of transparency, we're sharing an internal email that was sent to our employees earlier today: … All,
Jared Newman / Fast Company: Observable, which develops data visualization tools and aims to build a GitHub-style community, raises $10.5M Series A led by Sequoia Capital and Acrew Capital — Creating sophisticated data visualizations may not be for everyone, but a startup called Observable is trying to make the process a bit less impenetrable.
Matthew Bultman / Bloomberg Law: Xerox PARC sues Facebook and Twitter, accusing them of patent infringement, including through tools both companies use to slow the spread of misinformation — A Xerox Corp. subsidiary has accused Twitter Inc. and Facebook Inc. of infringing several of its patents, including through tools …
Cade Metz / New York Times: For many AI researchers, OpenAI's GPT-3 has been an unexpected step toward machines that can understand the vagaries of human language — The latest natural-language system generates tweets, pens poetry, summarizes emails, answers trivia questions, translates languages and even writes its own computer programs.
CNBC: Sources: President-elect Biden is considering appointing former CFTC chairman Gary Gensler as Deputy Treasury Secretary — President-elect Joe Biden is considering TIAA CEO Roger Ferguson to be his National Economic Council director and former Commodity Futures Trading Commission chairman Gary Gensler …
David Yaffe-Bellany / Bloomberg: Court filing: CFIUS extends the deadline for ByteDance to complete its sale of TikTok by seven days, until December 4 — The Trump administration has given the owner of TikTok another week to resolve national security concerns before it's required to sell the viral video-sharing app.
Thomas Seal / Bloomberg: UK government says it will spend £250M to help carriers replace Huawei 5G tech by 2027, including around £50M in 2021 — The U.K. will spend 250 million pounds ($333 million) to diversify its sources of 5G wireless equipment after banning China's Huawei Technologies Co. from supplying the next-generation technology.
Tom Warren / The Verge: Analysis of PS5 and Xbox Series X games, like Devil May Cry 5, CoD, and Dirt 5, shows PS5 narrowly outperforming Xbox despite Microsoft's “most powerful” claims — Microsoft has been proudly discussing how powerful its Xbox Series X console is for months now.
Peter Blumberg / Bloomberg: Filing: Facebook will pay $300+ each to 1.57M Illinois residents who made claims following $650M facial recognition suit, a quarter of the 6M eligible residents — Facebook Inc. will be making payouts to only about a quarter of the 6 million Illinois residents eligible for the biggest consumer privacy settlement in U.S....
Nikhilesh De / CoinDesk: Coinbase says it will end margin trading immediately after revised guidance from the CFTC; the feature will be fully offline by the end of December — Crypto exchange Coinbase plans to end all margin trading effective Nov. 25, 2020, due to recent regulations by the Commodity Futures Trading Commission (CFTC).
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