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July 9, 2022, 11:40 PM
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| Lauren Feiner / CNBC: |
SEC filing: Elon Musk notified Twitter he wants to terminate the merger agreement, claiming that Twitter didn't provide the relevant business info he requested — Billionaire Elon Musk wants to end his deal to buy Twitter, according to a letter sent by a lawyer on his behalf to the company's chief legal officer Friday.
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| Matt Levine / Bloomberg: |
Elon Musk's offer to buy Twitter likely was a joke, since he previously pretended he would take Tesla private, but he may not be able to get out of the deal — Programming note: Ugh, here we are again, huh? — Oh Elon — I think it is helpful to start with the big picture.
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| Axios: |
Twitter board chair Bret Taylor says the company plans to pursue legal action to enforce the deal and is committed to closing on the agreed upon price and terms — Elon Musk is bailing on his $44 billion agreement to buy Twitter, claiming that the social media company hasn't met its contractual obligations …
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New York Times, The Verge, Wiretapped, TechCircle, Neowin, BetaNews, CNET, Android Police, BGR, Forbes, Daring Fireball, Sammy Fans, and Financial Times
Tweets: @matt_levine, @rmfifthcircuit, @popehat, @davidmackau, @paulg, @peachierad, @wolfejosh, @originalspin, @jsnover, @alexeheath, @albernstein, @om, @davewiner, @kurtwagner8, @tomgara, @reckless, @rmac18, @carnage4life, @profgalloway, @kevinmarks, @liz_franczak, @tsuvik, @laurenshirsch, @hblodget, @evleaks, and @davidgura
| The Verge: |
In an internal memo, Twitter's general counsel says employees should “refrain from tweeting, Slacking, or sharing any commentary about the merger agreement” — The company says it's suing Musk for trying to back out — Following Elon Musk's notice to Twitter that he wants … | Kellen Browning / New York Times: |
A look at the quirky geography game GeoGuessr, in which the world's best players can pinpoint in seconds where a Google Street View image has been taken — In a game called GeoGuessr, competitors try to pinpoint where in the world a Google Street View image has been taken. Some can do it in seconds.
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Pixel Envy and Slashdot
Tweets: @bmcclendon, @drfran, @rmac18, @abusulayman, @nytimesbusiness, @scottnover, @paragkhanna, and @sethamandel
| Wall Street Journal: |
Sources: Google has proposed splitting parts of its ad-tech business into a separate entity under Alphabet, to head off a possible US antitrust lawsuit — Tech giant's offers stop short of the asset sales preferred by Justice Department antitrust enforcers
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CNET, The Economic Times, Marketing Dive, The Verge, Ars Technica, Adweek, Android Police, Barron's Online, SiliconANGLE, Search Engine Land, PYMNTS.com, CNBC, Bloomberg, and Thurrott
Tweets: @larakiara, @dinasrinivasan, @samfbiddle, @swodinsky, @reaganbrad, @sachalouise, @jamesvgrimaldi, @tnarecha, @jason_kint, @loughlin, @jamespmcleod, @stevekovach, and @amir
| Viola Zhou / Rest of World: |
Africa-based Chinese influencers who post racist videos about Africans on apps like Douyin and Kuaishou made fortunes from China's livestream shopping industry — “Chinese people love watching how other places are not as good as China.” — On the afternoon of May 24, a beauty pageant took place at an apartment in Kitwe, Zambia.| Kate Clark / The Information: |
As tech stocks fall, Andreessen Horowitz, Sequoia, GGV, and other VC firms are buying publicly traded stocks of companies whose prospects they deem to be strong — Plunging shares of tech stocks have prompted venture capital firms to take an unusual step: buying publicly traded stocks.| Devin Coldewey / TechCrunch: |
Joe Biden issues an EO asking the FTC and other agencies to examine and reinforce protections for reproductive health and other sensitive health-related data — An executive order signed by President Biden places the White House's weight firmly behind states where access to abortion is guaranteed …
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The White House, The Verge, Politico, inforisktoday.com, Federal Computer Week, and Engadget
Tweets: @repbarragan and @zackwhittaker
| Vincent Manancourt / Politico: |
Despite many of CJEU's rulings saying mass surveillance is banned in the EU, member states have been exploiting loopholes in them to collect and keep the data — Jack Murphy* was suspicious. His ex-girlfriend, Eve Doherty, seemed to know a lot about who he was calling. — His suspicions were merited.| Lucas Ropek / Gizmodo: |
An interview with NIST mathematician Dustin Moody on the agency's recently selected “quantum-resistant” encryption algorithms — The NIST's “quantum-resistant” encryption standards, picked via contest, were designed to keep everybody one step ahead of hacking by quantum computers.
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Q-munity, The Cloudflare Blog, Wired, The Polymath Professional …, and eSecurityPlanet
Tweets: @wcathcart, @wired, @hadip, and @gadgetlab
| Michael Kan / PCMag: |
The US DOJ indicts a Florida man for allegedly importing $1B worth of counterfeit Cisco equipment from China and Hong Kong, and selling it on Amazon and eBay — Onur Aksoy allegedly imported thousands of fake Cisco networking devices from China. … A Miami-based CEO has been arrested …
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U.S. Department of Justice, U.S. Department of Justice, inforisktoday.com, BleepingComputer, and The Register
Tweets: @niubi, @snmishra, @plantealex, @davemcclure, and @kriskoeller
| The Verge: |
Rogers experienced an 18+ hour outage on Friday, affecting internet and phone services, including 911 calls, in parts of Canada — Home internet and wireless connections are coming back, but 18 hours later, there's still no ETA for full restoration. — Canadian telecom Rogers is suffering … Sponsor Posts
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