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An anonymous reader quotes a report from Bloomberg: China's campaign against the cryptocurrency industry is now targeting miners who tried to disguise themselves as data researchers and storage facilities to stay in business, according to people with knowledge of the situation. Inspections intensified this month in several Chinese provinces, targeting illegal mining activities in colleges, research institutions and data centers, said the people who asked not to be named due to the sensitivity of the matter. Concern over the country's power supplies for the upcoming winter season is one reason for the urgency, they said. The new round of scrutiny could further depress the amount of crypto mining occurring in China, which for years had been the dominant player and as recently as April had a 46% share of the global hash rate, a measure of computing power used in mining and processing, according to the Cambridge Bitcoin Electricity Consumption Index.

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WhatsApp is testing a new "Yellow Pages" like feature in Sao Paulo, Brazil, that will let users search for local shops. The Next Web reports: WhatsApp's head, Will Cathcart, announced this feature and said "we've built this in a private way." He claims that the company won't log your location or the businesses you're searching for. If you live in Sao Paulo, you'll be able to search for local shops using WhatsApp Business through the 'Businesses Nearby' menu in the new chat option. For years, Facebook and Instagram have been trying to connect you to businesses and make your shop through their platforms. While the WhatsApp Business app has been around, you couldn't really search for businesses using the app, unless you've interacted with them previously. The chat app doesn't have any ads, unlike Facebook and Instagram, so business interactions and transactions are one of the biggest ways for Facebook to earn some moolah out of it. Matt Idema, Facebook's vice president of business messaging, told Reuters that while the program is taking off in Brazil, India and Indonesia are the perfect next candidates for expansion.

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In August, AMC Entertainment CEO Adam Aron said the company will start accepting bitcoin as payment for movie tickets and concessions at all of its U.S. theaters. Now, Aron says he expects the company to also accept Ethereum, Litecoin, and Bitcoin Cash. In a tweet, Aron said: "Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we similarly will accept Ethereum, Litecoin and Bitcoin Cash."

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An anonymous reader quotes a report from Bloomberg: Hundreds of deals by U.S. technology giants flew under the radar of merger watchdogs, fueling the companies' unchecked growth in the digital economy, according to a Federal Trade Commission study (PDF). The data on acquisitions by Apple, Amazon, Alphabet's Google, and Microsoft show that antitrust enforcers must be more aggressive in making sure companies aren't taking advantage of "loopholes" to avoid reporting deals to regulators, FTC Chair Lina Khan said Wednesday. "This study highlights the systemic nature of their acquisition strategy," Khan said about the tech companies during an FTC public meeting. "Digital markets in particular reveal how smaller transactions invite vigilance." The findings could bolster arguments that competition cops need to step up scrutiny of acquisitions by tech platforms to curb their power. The data comes from a study the FTC announced last year to examine deals between 2010 and 2019 by the five tech giants to better understand whether acquisitions occurring outside the view of antitrust enforcers could be undermining competition. The FTC issued orders to the five companies requiring them to provide information about past acquisitions that weren't reported to antitrust agencies. The companies identified 819 such transactions, including acquisitions of voting control of companies, partial investments, patent acquisitions, and what the FTC called "hiring events" in which a group of employees were hired from another company. Although the FTC didn't identify specific transactions by companies, one example is Facebook's acquisition last year of image library Giphy for about $400 million. Bloomberg News reported last month that before the takeover, Giphy paid a dividend to investors. While perfectly legal, the payment lowered the value of Giphy's assets so that antitrust officials didn't have to be notified of the deal under the reporting thresholds at the time.

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LoTonah writes: Sir Clive Sinclair, the man behind the Sinclair Spectrum and the first computer to retail for under a hundred dollars (the Sinclair ZX-81, A.K.A. The Timex/Sinclair 1000), died September 15 after battling a long illness. His daughter, Belinda, said he died at home in London on Thursday morning after a long illness. Sinclair invented the pocket calculator but was best known for popularising the home computer, bringing it to British high-street stores at relatively affordable prices. Many modern-day titans of the games industry got their start on one of his ZX models. For a certain generation of gamer, the computer of choice was either the ZX Spectrum 48K or its rival, the Commodore 64. Belinda Sinclair, 57, told the Guardian: "He was a rather amazing person. Of course, he was so clever and he was always interested in everything. My daughter and her husband are engineers so he'd be chatting engineering with them." He left school at 17 and worked for four years as a technical journalist to raise funds to found Sinclair Radionics.

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