Tech Web, page A1

As Nigerian payments startup Flutterwave prepares for an IPO, it faces allegations of financial impropriety, a culture of harassment and bullying, and more (Bloomberg)

Sources: the FTC plans to begin writing online privacy rules, which could take years to enact, and is considering various paths, such as focusing on children (John D. McKinnon/Wall Street Journal)

Twitter lets Saudi official and MBS aide Bader al-Asaker keep his verified account with 2.1M followers, despite being implicated in a plot to recruit employees (Stephanie Kirchgaessner/The Guardian)

Following the Nebraska abortion case, Meta tests expanded E2EE for Messenger, including backups, and promises a global rollout for messages and calls in 2023 (Lily Hay Newman/Wired)

FundamentalVR, a cross-platform simulation tool for medical and health care professionals, raised $20M led by EQT Life Sciences, bringing its funding to $30M (Paul Sawers/TechCrunch)

In its first known crypto investigation, the FTC seeks information from crypto exchange BitMart about a December 2021 hack that led to $150M-$200M in losses (Leah Nylen/Bloomberg)

Google says Search will use its AI model Multitask Unified Model to find consensus among results for info snippets and expands its "About this result" tool (Mariella Moon/Engadget)

Docs and sources detail how two men in Phoenix, Arizona ran one of the largest known YouTube music royalty scams, leading to a wire fraud indictment and more (Kristin Robinson/Billboard)

Microsoft and CISA warn users about DogWalk, a now-patched actively exploited RCE vulnerability in Windows 7, 10, 11, and Server 2008 through 2022 (Ionut Ilascu/BleepingComputer)

Ethereum's third and final proof-of-stake test merge goes live on the Goerli test network, a dress rehearsal for the mainnet merge planned for September 2022 (Vishal Chawla/The Block)

Los Angeles-based Boulevard, whose tools let beauty and wellness salons book appointments, message clients, and accept payments, has raised a $70M Series C (Ingrid Lunden/TechCrunch)

India's central bank releases guidelines for digital lending, which is projected to reach $350B in India by 2023, after complaints over harsh recovery tactics (Malavika Kaur Makol/Bloomberg)

Hong Kong-based Insilico Medicine, which uses machine learning to identify potential drug targets, raised $35M from Prosperity7, bringing its Series D to $95M (Rita Liao/TechCrunch)

Sources: Elon Musk's lawyers asked the judge in the Twitter case to compel the company to hand over the names of employees who count spam and bot accounts (Bloomberg)

Disney lowers its Disney+ subscriber forecast to between 135M and 165M by 2024, and separates its Disney+ Hotstar subscriber guidance, aiming to hit 80M by 2024 (Erik Hayden/The Hollywood Reporter)

Coinbase disclosed in its latest quarterly filing that the US SEC is investigating its token listing processes, staking programs, and yield-generating products (Danny Nelson/CoinDesk)

Beijing-based Geek+, which makes autonomous warehouse robots, has raised a $100M Series E1 from Intel Capital, Vertex Growth, and others at a $2B+ valuation (Chris Metinko/Crunchbase News)

Omaha-based Pinata, which offers NFT media infrastructure and support for crypto projects, raised a $18M Series A led by Greylock and Pantera and a $3.5M seed (Jacquelyn Melinek/TechCrunch)

StradVision, a developer of deep learning-based perception processing software for autonomous vehicles, has raised an $88M Series C from ZF, Aptiv, and others (Brianna Wessling/The Robot Report)

Cisco confirms the Yanluowang ransomware group breached its network in May 2022; Yanluowang claimed to have stolen 2.75GB of data, or ~3.1K files including NDAs (Sergiu Gatlan/BleepingComputer)

Elliptic: cross-chain bridge RenBridge has been used to launder $540M+ in crime-related crypto cash since 2020, including 53M+ by the Conti ransomware group (MacKenzie Sigalos/CNBC)

Bumble reports Q2 revenue up 18% YoY to $220.5M, vs. $219.4M est., a $6.4M net loss, vs. $2.6M est., and a Q3 guidance below estimates; stock drops 8%+ (Denny Jacob/Wall Street Journal)

Disney hit 221.1M global streaming subscribers in Q3, surpassing Netflix's 220.7M in Q3; Disney+ had 152.1M subscribers, Hulu had 46.2M, and ESPN+ had 22.8M (Aisha Malik/TechCrunch)

Sources: Apple signed a Futuro Studios deal to fund podcast development and production in exchange for the first look to turn any podcast into a film or TV show (Bloomberg)

Nightfall AI, which provides cloud data loss prevention services, announces a $40M Series B led by WestBridge Capital, bringing its total funding to $60M (Kyle Wiggers/TechCrunch)

Disney announces Disney+ with ads for $7.99 per month in the US, starting December 8, and raises the price of the ad-free tier from $7.99 to $10.99 per month (Todd Spangler/Variety)

In documents filed with Brazil's competition regulator, Microsoft claims Sony pays for "blocking rights" to prevent developers from adding content to Game Pass (Tom Warren/The Verge)

The FCC rejects SpaceX's application for a $885M subsidy to provide Starlink broadband to rural America over 10 years, after tentatively approving it in 2020 (Devin Coldewey/TechCrunch)

Microsoft open sources its library of 1,500+ 3D emoji, available now on GitHub and Figma, letting creators remix and customize them for free (Tom Warren/The Verge)

NFT startup Dapper Labs hires Nick Grudin, who was at Meta for nearly 12 years and at Newsweek before that, as chief business officer starting in September 2022 (Todd Spangler/Variety)

A look at Invisv's Pretty Good Phone Privacy mobile data service, available in beta on Android, which is designed to separate users from specific identifiers (Lily Hay Newman/Wired)

An in-depth look at US teenagers and social media in 2022: 95% say they use YouTube, 67% use TikTok, 62% use Instagram, 59% use Snapchat, and 32% use Facebook (Pew Research Center)

Ireland's data regulator says it received objections from other EU regulators to its draft order to block Meta's EU-US data sharing, a reprieve for the company (Vincent Manancourt/Politico)

Iran's Tasnim agency says the country made its first official import order paying with cryptocurrency this week, worth $10M, helping circumvent US sanctions (Reuters)

NYC-based Injective, a Layer 1 blockchain that focuses on DeFi use cases, raised $40M in a private token sale, which closed in July 2022, led by Jump Crypto (Tom Matsuda/The Block)

Samsung Galaxy Z Flip 4 hands-on: an incremental but nice upgrade on the Flip 3, including improvements to durability, the 1.9-inch front display, and Flex mode (Mat Smith/Engadget)

Samsung Galaxy Z Fold 4 hands-on: improved, more durable displays, easier one-handed use, lighter than the Fold 3, and better cameras, but only 25W charging (Nirave Gondhia/XDA Developers)

Samsung unveils the Galaxy Z Flip 4, featuring the same 1.9" and 6.7" displays, battery and camera upgrades, and the Snapdragon 8+ Gen 1, starting at $999 (Jon Fingas/Engadget)

Samsung announces the $230 Galaxy Buds 2 Pro with a smaller form factor, improved ambient noise cancellation, 24-bit Hi-Fi audio, and more; preorders now open (Florence Ion/Gizmodo)

Samsung debuts the $280 Galaxy Watch 5 and $450 Galaxy Watch 5 Pro, with a touch bezel and better BioActive sensor, mapping features for Pro; preorders now open (Victoria Song/The Verge)

Samsung Galaxy Z Fold 4 hands-on: It's what you don't see that makes the difference (Cherlynn Low/Engadget)

Samsung debuts the $1,800 Galaxy Z Fold 4 with 6.2" and 7.6" displays, Snapdragon 8+ Gen 1, 12GB of RAM, 256GB+ storage, and a 50MP camera; preorders now open (Allison Johnson/The Verge)

After suffering huge losses, SoftBank plans to reduce its Alibaba stake from 23.7% as of June 30, 2022, to 14.6% by the end of September, raising ~$34B in Q3 (Kosaku Narioka/Wall Street Journal)

Snap launches Snapchat+ in India for ~$0.62 per month, offering exclusive, experimental, and pre-release features; the service costs $3.99 per month in the US (Vikas SN/Moneycontrol)

Indonesian digital wallet maker Dana raised $250M from local conglomerate Sinar Mas and Alibaba's Lazada Group and says it processes 10M transactions/day (Bloomberg)

Meta says it raised $10B in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business (Tiyashi Datta/Reuters)

Spotify quietly begins selling event tickets to users in the US directly, instead of redirecting buyers to Ticketmaster and Eventbrite (Ivan Mehta/TechCrunch)

Many small businesses that use personalized online ads are cutting back on marketing, in part due to Apple's ATT, as they face rising customer acquisition costs (Patrick McGee/Financial Times)

Vancouver-based Hootsuite plans to lay off 30% of its workforce, an estimated 400 people; PitchBook says the social media marketing company has raised $300M+ (Harri Weber/TechCrunch)

Deliveroo reports H1 revenue rose 12% YoY to £1B as its pretax loss widens to £147M, up from £95M in H1 2021, and plans to exit the Netherlands in November (Paul Sandle/Reuters)