|
May 26, 2022, 3:25 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| Chavi Mehta / Reuters: |
Broadcom offers to acquire VMware for ~$61B in cash and stock, paying $142.50 per share, a nearly 49% premium, and will assume VMware's $8B in net debt — May 26 (Reuters) - Broadcom Inc (AVGO.O) said on Thursday it will buy cloud service provider VMware Inc (VMW.N) in a $61 billion cash …
Source:
Broadcom Inc.. More:
CNBC, Wall Street Journal, Associated Press, Bank Automation News, The Verge, New York Times, HotHardware.com News, Silicon Republic, The Register, Ars Technica, TechCrunch, VentureBeat, The Economic Times, PCMag, CyberScoop, Axios, Financial Times, San Francisco Business Journal, RCR Wireless News, Telecoms.com, AppleInsider, CNET, Protocol, Network World, Barron's Online, ComputerWeekly.com, BetaNews, iClarified, Protocol, Financial Times, and Phoronix
Tweets: @film_girl, @jordannovet, @kristinaparts, @film_girl, @jonerlichman, @arekfurt, @ctoadvisor, @dillten, and @geoffblaber
| Patrick McGee / Financial Times: |
Q&A with Epic CEO Tim Sweeney on creating the metaverse, Unreal Engine's role, Apple's and Google's app store monopolies, Meta's metaverse investment, and more — Online game Fortnite is arguably the closest thing to the metaverse that exists today. Some 70mn gamers immerse themselves …
More:
TechCrunch, Protocol, 9to5Mac, PYMNTS.com, Developer Tech News, AppleInsider, MacRumors, iMore, iMore, and Slashdot
Tweets: @caseynewton, @johnkoetsier, @tim, @pt, @aledonetti, @sub8u, @1br0wn, and @alexstlouis10
| Alex Konrad / Forbes: |
A profile of Stripe co-founders John and Patrick Collison; sources: Stripe gross revenue rose 60% YoY to nearly $12B in 2021 as net revenue reached almost $2.5B — Billionaire brothers John and Patrick Collison built Stripe into one of the world's most-hyped, highest valued — and profitable! — startups, worth some $95 billion.| Tim Higgins / Wall Street Journal: |
Apple plans to bump US hourly workers' pay to $22+ per hour, up 45% from 2018, amid inflation and unionization pushes; US starting salaries are also set to rise — The iPhone maker faces store unionization attempts, higher inflation — Apple Inc. AAPL .11%▲ is boosting pay …
More:
CNBC, MacRumors, Protocol, Bloomberg Law, Barron's Online, San Francisco Business Journal, Mercury News, Financial Times, New York Post, TechSpot, 9to5Mac, The Mac Observer, Engadget, PCMag, Insider, Fortune, The Verge, iMore, iThinkDifferent, WRAL TechWire, Gizmodo, The Economic Times, Philip Elmer‑DeWitt, and iClarified
Tweets: @moreperfectus, @mikeisaac, @pkafka, @jasoncross00, @carnage4life, @rationalwalk, @mikeisaac, @cherthedev, @timkhiggins, @acoreunion, @alexspeidel, @applelaborers, @zoeschiffer, @bradbrovino, @gotbizintros, @fruitstoreninja, @ashleygjovik, @greenhousenyt, @techwontsaveus, @collindonnell, @markgurman, @mclendaniel, @ns0n, @david_moscrop, @ranimolla, @newsynick, @mjh_txt, @lisemlareau, and @code_cwa
| Debby Wu / Bloomberg: |
Sources: Apple plans to keep iPhone production in 2022 at ~220M, about the same as 2021, compared to ~240M market forecasts, amid inflation and a tough market — Apple Inc. is planning to keep iPhone production roughly flat in 2022, a conservative stance as the year turns increasingly challenging for the smartphone industry.
More:
The Verge, 9to5Mac, MacRumors, Livemint, AppleInsider, PYMNTS.com, Softpedia News, Computerworld, PhoneArena, iThinkDifferent, TechRadar, MacRumors, iPhone in Canada Blog, Wccftech, iMore, Tom's Guide, The Mac Observer, Patently Apple, MacDailyNews, 9to5Mac, Fossbytes, and iMore
Tweets: @mingchikuo, @mingchikuo, and @lisaabramowicz1
| Sujith Somraaj / Decrypt: |
Binance, FTX, Crypto.com, Huobi, Bitfinex, Kucoin, and other exchanges pledge support for Do Kwon's Terra 2.0, set to launch on May 27 by airdropping tokens — Cryptocurrency exchanges have pledged support to Terra's upcoming relaunch, following the passing of a proposal to launch a new blockchain.
More:
Terra Money, Finbold, Gate.io, Cointelegraph, and BeInCrypto
| Sam Nussey / Reuters: |
Sony plans to ramp up PlayStation 5 production as supply chain issues ease, and a radical broadening of its game portfolio, including more PC and mobile titles — Sony Group Corp (6758.T) said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease and signalled …
More:
Video Games Chronicle, 9to5Google, The Verge, The Verge, Engadget, Game Developer, Gizmodo, Bloomberg, SlashGear, iPhone in Canada Blog, Gizchina, PCMag, TheGamer, Engadget, and Gameranx. Tweets: @tomwarren
| Dan Primack / Axios: |
Bolt Financial laid off 185 employees, or about one-third of its workforce; some have to repay loans they took from the company for vested shares within 90 days — One-click checkout company Bolt Financial yesterday laid off 185 employees, or approximately one-third of its workforce …
More:
Bolt, Crunchbase News, Protocol, New York Times, The Economic Times, Fortune, Market Intelligence, PYMNTS.com, Forbes, New York Post, San Francisco Business Journal, City A.M., Axios, and Tech in Asia
Tweets: @tomaxwell, @emilyrpeck, @matteing, @kuruvillamaju, @courtenay_brown, @hhariri, @theryanford, @lizette_chapman, and @danprimack
| Bloomberg: |
The tech market collapse, aided by macroeconomic forces, is an opportunity to reckon with inflated valuations, overzealous VCs, and the rise of crypto startups — Over the past half-century, Silicon Valley has toggled between two similar-sounding pursuits that are often in conflict: wealth creation and moneymaking.
Tweets: @bradstone, @revshark, @jessefelder, @hharrisemea, @retogregori, @mark_dow, @mpelletiercio, and @thestalwart
| Kyle Alspach / Protocol: |
Cloud security company Lacework, which said in March that it has 1,000 employees, lays off 20% of its workforce; the company last raised $1.3B in November 2021 — A well-funded startup in the cybersecurity industry, Lacework, has become the latest tech firm to disclose a major round …
More:
SiliconANGLE, Lacework, SecurityWeek, iTech Post, Beyond Search, and govinfosecurity.com
Tweets: @gergelyorosz, @ashwinv800, @narmacnetworth, @sweis, @coffeecraftcode, @endingwithali, @kylealspach, @petecheslock, @sawaba, and @riddle245
| Dina Bass / Bloomberg: |
Microsoft will slow hiring in Windows, Office, and Teams groups, citing a need to realign staffing priorities; all new hires must be approved by EVP Rajesh Jha — Microsoft Corp. will slow hiring in its Windows, Office and Teams chat and conferencing software groups, citing a need …
More:
GeekWire, Thurrott, Windows Central, Protocol, CNBC, OnMSFT.com, and Slashdot. Tweets: @dinabass
| Politico: |
Sources: a bipartisan bill that would stop platforms from favoring their own products is facing resistance from some Senate Democrats worried about the midterms — A bipartisan legislative effort to rein in the nation's largest tech companies is facing fresh resistance from a faction …
More:
AppleInsider and MacRumors
Tweets: @jowens510, @demandprogress, @halsinger, @matthewstoller, @matthewstoller, @birnbaum_e, @zacharyleelee, @tomhebertdc, @pathedger18, @lamiasdottir, @adamcancryn, @karlbode, @sachalouise, @adamcancryn, @senatorshoshana, @tomhebertdc, @reckless, @mpetricone, @johndavisson, @adamcancryn, and @nealkwatra
| Drew Harwell / Washington Post: |
Analysis of 164 remote learning apps and sites used in 49 countries during the pandemic finds ~90% shared student data with ad tech companies and data brokers — The educational tools used by students during the pandemic shared their information with advertisers and data brokers that could track … | Diane Bartz / Reuters: |
Twitter agrees to pay $150M to the FTC, settling allegations that it misrepresented the “security and privacy” of user data between May 2013 and September 2019 — Twitter Inc (TWTR.N) has settled with U.S. authorities over allegations it misrepresented the “security and privacy” …
Source:
Federal Trade Commission. More:
Twitter, U.S. Department of Justice, BleepingComputer, NPR, Gizmodo, Federal Trade Commission, The Block, Reuters, Ars Technica, The Record, TechCrunch, NBC News, MSPoweruser, HotHardware.com News, The Hacker News, Digital Trends, Nextgov, Variety, Cybernews.com, and Hollywood Reporter
Tweets: @thejusticedept, @bashco_, @janschakowsky, @matthew_d_green, @adam_k_levin, @jimmypatronis, @can, @ewa_jodlowska, @wbm312, @b_fung, and @profcarroll
| Ashley Stewart / Insider: |
Interviews with former and current Microsoft employees suggest a widespread pattern of executive misconduct persists, years after Satya Nadella vowed to end it — The Microsoft executive walked into the small, windowless room in Studio C at about 8 o'clock that evening.
More:
GamesIndustry.biz, Thurrott, New York Post, TheGamer, Dot Esports, and Windows Central
Tweets: @businessinsider, @ethangach, @hughlangley, and @grahamstarr
| Benjamin Mullin / New York Times: |
Sources: Substack dropped efforts to raise money, after talks to raise $75M to $100M at a $750M to $1B valuation, and told investors it had ~$9M revenue in 2021 — Amid an industrywide downturn, venture investors are preaching austerity and halting new deals, particularly for companies that have spent aggressively on growth.
Tweets: @benmullin, @joy, @suldrew, @gaberivera, @tysonbrody, @chaykak, @tomaxwell, @kateclarktweets, and @pkafka
| Jonathan Browning / Bloomberg: |
The UK's CMA opens an investigation into whether Google illegally favored its own ad tech exchange services and excluded rivals — The UK's antitrust watchdog started a new investigation of Alphabet Inc.'s Google, over suspicions it may have abused its dominant position across its ad tech …
More:
GOV.UK, The Verge, Silicon Republic, BBC, Android Central, TechCrunch, Engadget, City A.M., and CNBC
Tweets: @cmagovuk, @jason_kint, and @cmagovuk
| Steve Dent / Engadget: |
Oura partners with Gucci on the Gucci x Oura Ring wearable, letting users monitor heart rate, sleep, and more, available at select stores for $1,100 — Oura, the startup that's pushing the limits of how small a wearable can be, just announced a collaboration that could boost its profile considerably.
More:
The Verge, XDA Developers, CNET, PCMag, WeRSM, WWD, Digital Trends, TechCrunch, Highsnobiety, Input, and Harper's BAZAAR
Tweets: @gucci and @darian314
| FinSMEs: |
Los Angeles-based BuildOps, which makes management software for commercial contractors, raises a $43M Series A led by Next47 — BuildOps, a Los Angeles, CA-based all-in-one management software built specifically for the modern commercial contractor, raised $43 million in Series A funding.| Peter Grant / Wall Street Journal: |
Some hotels are looking to guarantee bookings revenue by partnering with startups like Pinktada that convert stays into NFTs to be bought and sold by guests — NFTs also are being used to raise capital to buy golf courses or land, giving token buyers a stake in the projects
More:
Osbon Capital Weekly. Tweets: @maxwellstrachan, @tante, @thekafkadude, @eden_holdings, @xenollamas, @mylesudland, @nameshiv, @evacide, @thelincoln, @blackamazon, and @sub8u
| Lauren Rosenblatt / The Seattle Times: |
At its annual meeting, Amazon shareholders approve Andy Jassy's $212M pay package and vote down 15 proposals on unionization, the environment, and more — At its annual meeting for shareholders, Amazon's investors approved a more than $212 million payout for CEO Andy Jassy and voted … Sponsor Posts
Tribe AI:
Build AI that works — Tribe builds tech for top AI companies. Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Build AI that works — Tribe builds tech for top AI companies. Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner — Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Hire Kulkan as your penetration testing partner — Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Unified business analytics - An essential step to business success — With today's exponential data growth, unified business analytics is a commonly pursued business objective. This allows businesses to bring …
Unified business analytics - An essential step to business success — With today's exponential data growth, unified business analytics is a commonly pursued business objective. This allows businesses to bring …
Mastodon:
Donate to Mastodon — Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you. Donate directly with a credit card or through Patreon.
Donate to Mastodon — Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you. Donate directly with a credit card or through Patreon.Who's Hiring In Tech?
The Kevin Rose Show:
Magatte Wade, Unlocking Prosperity in Africa (#53)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Subscribe to the Kevin Rose Show!
Techmeme Ride Home:
Wed. 04/17 - Copilots Or The Biggest Model Wins? The Competing AI Visions.
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via
Apple Podcasts,
Spotify, or
RSS.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 3:25 PM ET, May 26, 2022.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
From Mediagazer
Oliver Darcy / CNN:Sam Tobin / Reuters:
Gene Maddaus / Variety:
Upcoming Tech Events
Earlier Picks
| Issie Lapowsky / Protocol: |
More:
The Economic Times. Tweets: @santiagoaufund, @vickerysec, @vickerysec, @vickerysec, @darnelsugarfoo, @buccocapital, @doombergt, @stealthqe4, @zerohedge, and @jason_kint
| CNBC: |
Source:
U.S. Securities …. More:
Wall Street Journal, Bloomberg, PYMNTS.com, Crunchbase News, Wall Street Journal, Washington Post, Protocol, Yahoo Finance, CNN, TNW, Decrypt, ExchangeWire.com, The Register, TechCircle, Silicon Republic, BGR India, and ZDNet
Tweets: @annmlipton, @mims, @sherman4949, @saysdana, and @teddyschleifer
| Hannah Murphy / Financial Times: |
Source:
a16z crypto. More:
Decrypt, The Block, Crypto Executive Guide, CryptoGlobe, crypto.news, AltFi, Bisonai's Newsletter, and Benzinga
Tweets: @ariannasimpson, @carrawu, @taigxrp, @rahulsood, @fintechfrank, @janehk, @andrewchen, @0xfoobar, @austin_federa, @phoenix_ash3s, @telcoinpaul, and @smc90