Techmeme
May 17, 2022, 8:50 AM

Top News

Edwin Chan / Bloomberg:
Elon Musk says the Twitter deal “cannot move forward” until Twitter proves bots are <5% of users, claiming his offer is based on “SEC filings being accurate”  —  Elon Musk said he'll proceed with his $44 billion takeover of Twitter Inc. only if the social media giant …
PR Newswire:
In a preliminary SEC proxy statement, Twitter says it is “committed to completing the transaction on the agreed price and terms as promptly as practicable”  —  Twitter, Inc. (NYSE: TWTR) today announced that it has filed its preliminary proxy statement with the U.S. Securities …
Parag Agrawal / @paraga:
Bloomberg:
Elon Musk says a Twitter deal at a lower price wouldn't be “out of the question”, speaking to a Miami tech conference crowd; Twitter stock closes down 8%+  —  Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter Inc., saying a viable deal at a lower price wouldn't be “out of the question.”
Rand Fishkin / SparkToro:
Juli Clover / MacRumors:
Apple now lets developers auto-renew users for increased subscription prices once a year as long as the increase doesn't exceed $50 or 50% of the annual price  —  Apple today informed developers that it is implementing a new subscription feature that will allow customers to be charged automatically …
Corin Faife / The Verge:
Despite continuing to tweet on other topics, Elon Musk has so far been silent on the Buffalo shooting livestream, a content moderation challenge  —  The free speech advocate had no comment on Twitter's scramble to block videos of the mass shooting  —  On May 14th, social media platforms …
Natasha Lomas / TechCrunch:
Report: the real-time bidding industry exposes a person's online activity and location 747 times per day on average in the US and 376 times per day in Europe  —  New data about the real-time-bidding (RTB) system's use of web users' info for tracking and ad targeting, released today …
Entrackr:
Paytm Mall, the e-commerce arm of Paytm, loses Alibaba and Ant Financial as investors, and its valuation drops from $3B to $13M  —  As Paytm Mall joins the government-backed e-commerce platform, the Open Network for Digital Commerce or ONDC, the firm sheds almost 99.5% of its valuation that it built since 2017.
Sergiu Gatlan / BleepingComputer:
The US DOJ says that Moises Luis Zagala Gonzalez, a cardiologist in Venezuela, created, rented to cybercriminals, and profited from Jigsaw and Thanos ransomware  —  The US Department of Justice today said that Moises Luis Zagala Gonzalez (Zagala), a 55-year-old cardiologist with French …
Washington Post:
A look at tech political advocacy group American Edge, funded solely by Meta, as it tries to create the appearance of grassroots opposition to antitrust reform  —  Records show Facebook-funded American Edge backed minority interest groups, conservative think tanks and small business groups …
Emily A. Vogels / Pew Research Center:
Survey: 44% of Americans think tech giants should be regulated more, down from 56% in April 2021, while 1 in 5 explicitly want less regulation, up from 1 in 10  —  A declining share of Americans favor more government regulation of major technology companies, according to a new Pew Research Center survey.
Bloomberg:
Logs: the alleged Buffalo gunman spoke explicitly in a private Discord server about his plans to carry out and livestream an attack since at least December 2021  —  The accused gunman behind 10 deaths and 3 injuries in Buffalo, New York, over the weekend had spoken explicitly about his plans …
Aisha Malik / TechCrunch:
Linktree partners with OpenSea to let creators add NFTs to their profiles, either as an “NFT Gallery” link, profile image, or background  —  Link-in-bio platform Linktree is the latest company that is looking to integrate NFTs into its service, as the company has revealed a set …
More: Blockonomi
Afsaneh Rigot / Wired:
Tech that is designed for marginalized and vulnerable groups from the start is better, safer, more innovative, robust, and integrative of privacy  —  Building around the so-called typical user is a dangerous mistake.  —  What do Russian protesters have in common with Twitter users freaked …

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Jessica Bursztynsky / CNBC:
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