Techmeme
Techmeme
November 27, 2022, 6:10 PM

Top News

Reuters:
Elon Musk claims “all-time high” Twitter signups, averaging 2M+/day in the seven days to November 16, up 66% YoY, and user active minutes of ~8B/day, up 30% YoY  —  Nov 27 (Reuters) - Twitter Inc Chief Executive Elon Musk has said that new user signups to the social media platform are at an …
Todd Shields / Bloomberg:
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”  —  US regulators imposed a ban on electronic equipment from Huawei Technologies Co. and ZTE Corp., continuing a years-long effort …
Tim Copeland / The Block:
Binance releases its proof-of-reserves system, starting with BTC, claiming it has 582,485 BTC and 575,742 BTC user balance, a reserve ratio of 101% for users  —  - Binance has put out its proof-of-reserves system, in light of FTX's meltdown.  — It shows a reserve ratio of 101% for its users' bitcoin balances.
Christiana Loureiro / The Block:
Report: several US states are investigating Genesis Global as part of an inquiry into interconnectedness of crypto firms, securities laws violations, and more  —  - States including Alabama are looking into crypto firms and whether they violated securities laws.
Eudora Wang / DealStreetAsia:
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  —  Chinese human resource technology firm eRoad on Tuesday announced the completion of its Series D funding round at 1 billion yuan …
More: AIM Group
Nilesh Christopher / Rest of World:
Experts and employees detail Uber's struggles in Pakistan as it discontinues service in five cities, cuts spending, and faces increased competition from inDrive  —  Fierce local competition in the ride-hailing sector and economic uncertainty have forced Uber to scale back its presence in South Asia.
Census:
Figma's CFO on how they built a $20B business with data  —  From Series B to acquisition, Figma needed Census to scale their business operations on top of their data warehouse.
Sponsor Post
Debjyoti Roy / Livemint:
New Delhi-based diabetes management app BeatO raised a $33M Series B led by Lightrock India, with Flipkart and others participating  —  Diabetes management app BeatO has raised $33 million in its Series B round of funding led by impact investor Lightrock India.

Sponsor Posts

Intel:
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Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Census:
Figma's CFO on how they built a $20B business with data  —  From Series B to acquisition, Figma needed Census to scale their business operations on top of their data warehouse.
Zoho:
Stay Even More Organized With Notebook's Exclusive Plans  —  It's been six years since we introduced a simple, beautifully designed note-taking app.  Now, that little app has grown into an all-in-one productivity app …
Climate Draft:
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