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May 27, 2022, 4:25 AM
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| Politico: |
Sources: a bipartisan bill that would ban Big Tech companies from favoring their products faces 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:
PhoneArena, klobuchar.senate.gov, AppleInsider, MacDailyNews, Taxpayers Protection Alliance, 9to5Mac, HART Research Associates, Crowdfund Insider, PCMag, and MacRumors
Tweets: @adamkovac, @protectaxpayers, @actonline, @timsweeneyepic, @lutherlowe, @lutherlowe, @karlbode, @timsweeneyepic, @zacharyleelee, @fightfortheftr, @sachalouise, @timsweeneyepic, @evan_greer, @neil_chilson, @tomhebertdc, @timsweeneyepic, @timsweeneyepic, @timsweeneyepic, @netchoice, @progresschamber, @matthewstoller, @demandprogress, @adamcancryn, @adamkovac, @sachalouise, @adamcancryn, @matthewstoller, @adamkovac, @fightfortheftr, @jowens510, @evan_greer, @reckless, @mpetricone, @timsweeneyepic, @matthewstoller, @johndavisson, @halsinger, @sachalouise, @chrisj_lewis, @evan_greer, @rsi, @pathedger18, @senatorshoshana, @tomhebertdc, @birnbaum_e, @lamiasdottir, @nealkwatra, and @adamcancryn
| The Markup: |
An investigation finds Apple, Meta, Amazon, Google, and Microsoft have launched a coordinated campaign in 31 states against data privacy legislation since 2021 — Coordinated industry lobbying is overwhelming the scattered efforts of consumer groups and privacy-minded lawmakers
More:
Tom Kemp's Blog, 9to5Mac, and The Mac Observer
| Lora Kolodny / CNBC: |
A Twitter shareholder sues Elon Musk and Twitter over the handling of the acquisition, saying Musk engaged “in conduct designed to create doubt about the deal” — - Since Musk's acquisition bid, Twitter's share price has dropped more than 12%, and Tesla's is down about 28% as part of a broad sell-off in tech stocks.
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The Verge, The Guardian, Ars Technica, BBC, Insider, International Business Times, RTÉ, Bloomberg, Engadget, Associated Press, Newser, Deadline, and Fossbytes
Tweets: @vasabjit_b, @fuzzywuzzyto, @cbouzy, and @maddenifico
| Jez Corden / Windows Central: |
Microsoft confirms it is developing an HDMI device codenamed Keystone, that connects to any TV or monitor, and offers Xbox game streaming — The key to the cloud. — For a few years, rumors have persisted that Microsoft was exploring building some form of streaming stick …
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Silicon Republic, Dexerto, purexbox.com, MUO, Tom's Guide, Laptop Mag, TechSpot, GameRevolution, 9to5Mac, iDownloadBlog.com, Game Developer, Game Rant, Thurrott, Android Authority, IGN, Neowin, Digital Trends, XDA Developers, MobileSyrup, The Verge, Windows Blog, iClarified, and Slashdot
Tweets: @tomwarren, @jezcorden, and @pms_jordan
| Yogita Khatri / The Block: |
Tether enters Latin America by launching the MXNT stablecoin, pegged to the Mexican peso, initially available on the Ethereum, Tron, and Polygon blockchains — Quick Take — Tether has launched a new stablecoin pegged 1:1 to the Mexican peso. — It will be initially available on Ethereum, Tron and Polygon.
More:
tether.to, Benzinga, PYMNTS.com, Cointelegraph, Bitcoin News, Market Meditations, CoinDesk, Crypto Briefing, Decrypt, Waivly, and CryptoPotato
| Benjamin Mullin / New York Times: |
Sources: Substack dropped efforts to raise money, after talks to raise $75M-$100M at a $750M-$1B valuation, during which the company said 2021 revenue was ~$9M — Amid an industrywide downturn, venture investors are preaching austerity and halting new deals, particularly for companies that have spent aggressively on growth.| 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:
Broadcom, CNBC, iTnews, Wall Street Journal, The Register, The Verge, Associated Press, New York Times, VentureBeat, TechCrunch, Bank Automation News, Bloomberg, Silicon Valley Business …, Axios, Neowin, TechSpot, HotHardware.com News, Financial Times, OSnews, GSMArena.com, Light Reading, CyberScoop, Protocol, Protocol, Financial Times, Bloomberg, Barron's Online, Slashdot, and CNET
Tweets: @film_girl, @film_girl, @ctoadvisor, @ctoadvisor, @dillten, @jordannovet, @kristinaparts, @jonerlichman, @geoffblaber, and @arekfurt
| Drew Harwell / Washington Post: |
Human Rights Watch finds 89% of 164 remote learning apps and sites used during the pandemic in 49 countries shared student data with marketers and data brokers — The educational tools used by students during the pandemic shared their information with advertisers and data brokers that could track …
Source:
Human Rights Watch and Human Rights Watch. More:
ZDNet, Protocol, ABC, Globe and Mail, Media@LSE, CBC News, Washington Post, Education Technology, Miami Herald, Human Rights Watch, Gizmodo, iTnews, Engadget, WRAL TechWire, and 9to5Mac
Tweets: @jangles, @catbailey, @themarkup, @hrw, @mindingprivacy, @astroehlein, @walterkirn, @hrw, @wadhwa, @anumayhem, @hrw, @samermuscati, @thenewoil1, and @aaschapiro
| Dina Bass / Bloomberg: |
Microsoft plans to slow hiring in Windows, Office, and Teams groups, citing a need to realign staffing priorities; EVP Rajesh Jha must approve all new hires — Microsoft Corp. will slow hiring in its Windows, Office and Teams chat and conferencing software groups, citing a need …
More:
Protocol, Seattle Business Journal, Wall Street Journal, Computerworld, CNBC, GeekWire, Thurrott, Windows Central, OnMSFT.com, and Slashdot. Tweets: @dinabass
| Michael Tobin / Bloomberg: |
Instacart plans to slow hiring as it prepares for its IPO, after hiring over 1,500 staff in 2021; Instacart cut its valuation by 40% to $24B in March 2022 — Grocery delivery startup Instacart Inc. is planning to slow the pace of hiring as it prepares for an initial public offering, focusing instead on profitability.
More:
New York Post
| Ingrid Lunden / TechCrunch: |
Poland-based Nomagic, which makes pick-and-place warehouse robots, raises a $22M Series A led by Khosla Ventures, Almaz Capital, and European Investment Bank — Robotics are playing a growing role in the world of e-commerce logistics and fulfillment — where they are seen not just as a way to speed …
More:
The Robot Report and Tech.eu
| Devin Coldewey / TechCrunch: |
New York-based Parallel Learning, a telehealth service focused on students with learning challenges, raises a $20M Series A led by Tiger Global — If a kid is having trouble at school, one of the standard steps is to schedule an assessment for conditions like dyslexia, ADHD, or anything else that might require a special approach.| Washington Post: |
Young gunmen are using private and disappearing messages in apps like Snapchat, Instagram, Discord, and Yubo to share violent plans, evading content moderation — Private messaging apps are harder to scan for warning signs of potential violence, experts saySponsor Posts
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