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September 30, 2022, 6:15 AM
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| Alex Kantrowitz / Big Technology: |
A roundup of Elon Musk's newly released text messages show the inner workings of Silicon Valley dealmaking and how Musk lost interest in his Twitter acquisition — Newly released text messages shine a light on how tech's most powerful do business — and perhaps why Musk lost interest in Twitter.
More:
TechCrunch, Insider, Insider, Washington Post, The Verge, Puck, International Business Times, Bloomberg, Financial Times, and Engadget
Tweets: @kateconger, @chancery_daily, @techemails, @kantrowitz, @shonaghosh, @chancery_daily, @techemails, @katienotopoulos, @eringriffith, @unusual_whales, @chancery_daily, @moomanibe, @ceciliakang, @ftrain, @asemota, @unusual_whales, @chancery_daily, @kantrowitz, @laurenshirsch, @benedictevans, @iamchrismays, @oneunderscore__, @goldman, @chrisjbakke, @pkafka, @tayhatmaker, @tompainetoday, @donie, @whstancil, @teddyschleifer, @eringriffith, @benedictevans, @danprimack, @sarthakgh, @scottnover, @moomanibe, @masonic_tweets, @kateclarktweets, @lorakolodny, @waywardwinifred, @qwongsj, @jeffbercovici, @ia, @scottnover, @danprimack, @davidgura, @pkafka, @chafkin, and @mgsiegler
| Lauren Feiner / CNBC: |
Court filing: in March 2022, former Twitter CEO Jack Dorsey told Elon Musk that he tried to add Musk to the board but the other members were “super risk averse” — - Former Twitter CEO Jack Dorsey wanted Elon Musk on the board of the social media company, but felt the rest …
More:
Insider, Fortune, Bloomberg, Wall Street Journal, Internal Tech Emails, Decrypt, and New York Post
Tweets: @techemails, @kateconger, @mattnavarra, @eringriffith, @kateconger, @scottnover, @taylorlorenz, @goldman, @jamesrbuk, @nrmehta, @dharmesh, @minds, @kantrowitz, @stephen_geiger, @laurengoode, @silvermanjacob, @kurtwagner8, @carnage4life, @swodinsky, @pt, @pt, @parkermolloy, @pkafka, @mmasnick, @karaswisher, @foyglgezang, @covfefeanon, @danprimack, @goldman, @carnage4life, @avi_bueno, @alistairmbarr, @cwarzel, and @stevekrak
| The Verge: |
Google plans to shut down Stadia on January 18, 2023, and will refund hardware, software, and DLC purchases; members of the Stadia team will be reassigned — Google is shutting down Stadia, its cloud gaming service. The service will remain live for players until January 18th, 2023.
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The Keyword, Android Authority, 9to5Google, Polygon, 9to5Google, HotHardware, Silicon Republic, The Verge, IGN, rePlay, Pocket-lint, Gamereactor UK, BBC, TechCrunch, Android Central, PhoneArena, CNBC, Washington Post, TheGamer, BetaNews, The Information, gHacks Technology News, GeekWire, mixx.io en substack, Twinfinite, Press Start, Kotaku, Michael Tsai, International Business Times, Light Reading, Wired, and Tom Merritt Tech Newsletter
Tweets: @raveofravendale, @aaditdoshi, @patio11, @lonelygoomba, @notbrunoagain, @lonelygoomba, @ronamadeo, @jasonschreier, @gaberivera, @devindra, @java_jigga, @stephentotilo, @jamespmcleod, @jetscott, @kevinctofel, @tim_stevens, @film_girl, @durvidimel, @boredelonmusk, @ronamadeo, @znh, @drcullenphd, @austinj, @wario64, @nibellion, @nickstatt, @mobile_dom, @nibellion, @slimefiend, @tomwarren, @starfire2258, @freakzonegames, @suka_hiroaki, @pkafka, @antdude92, @mcclure111, @joshmunsee, @andyorin, @solridley, @googlestadia, @pierce, @mynameisbyf, @nibellion, @noahncopeland, @fosspatents, @b_fung, @mat, @ianmorris78, @artemr, @andihero, @modestproposal1, @aerospacecowboy, @paultassi, @anildash, @mrdalekjd, @vicious696, @_firemonkey, @carnage4life, @9to5mac, @reduzio, @artemr, and @djsnm
| Mark Gurman / Bloomberg: |
Apple VP of Procurement Tony Blevins is leaving, sources say after joking in a viral, September 5 TikTok video that he fondles “big-breasted women” for a living — One of Apple Inc.'s most senior executives is leaving after he turned up in a viral video on TikTok making … | Kurt Wagner / Bloomberg: |
Source: Mark Zuckerberg told staff in a weekly Q&A that Meta will freeze hiring, restructure some teams, and cut budgets across most teams, citing the economy — Meta Platforms Inc., the owner of Facebook and Instagram, said it will freeze hiring and restructure some teams in an effort to cut costs and shift priorities.| Mitchell Clark / The Verge: |
Twitter plans to add a TikTok-like full-screen video scrolling UI for English-speaking users on iOS, and a video carousel to the Explore tab on iOS and Android — Twitter is joining the bandwagon of social media companies copying TikTok's everlasting scroll of videos.
More:
Twitter, Android Headlines, Wccftech, Mashable, BGR India, Social Media Today, Digital Trends, Gizmodo, Search Engine Land, Neowin, and Adweek
Tweets: @_raven_io and @dennisyu
| Frederick Munawa / CoinDesk: |
Chainalysis: sub-Saharan Africa crypto usage is driven by everyday necessity; 80% of crypto payments in the region are under $1K, the world's highest proportion — The report shows strong crypto usage and adoption rates in the region. With highly educated young people and low job prospects …
Source:
Chainalysis
| Dan Goodin / Ars Technica: |
Microsoft says the Lazarus group is weaponizing open-source software like PuTTY, KiTTY, TightVNC, and Sumatra PDF Reader to compromise “numerous” organizations — PuTTY, KiTTY, TightVNC, Sumatra PDF Reader, and muPDF/Subliminal Recording all targeted.
More:
Microsoft Security Blog and The Register
Tweets: @msftsecintel, @jdallman, @cristingoodwin, and @selectedwisdom
| Omar Faridi / Crowdfund Insider: |
Berlin-based Grover, an online subscription platform for renting consumer electronics, raised €270M in debt from M&G; Grover had rented 1M+ devices by July 2022 — Grover, the consumer-tech subscription platform, has finalized a new €270 million debt financing facility with M&G, the international asset manager.
More:
Grover press
| Andy Greenberg / Wired: |
VMware and Google's Mandiant say a sophisticated hacker group has been installing backdoors in VMware's virtualization software on multiple targets' networks — For decades, security researchers warned about techniques for hijacking virtualization software. Now one group has put them into practice.
More:
Cybersecurity Dive and Protocol
| Ellen Huet / Bloomberg: |
How angel investing became a pastime and a social currency in Silicon Valley, where the “post-economic” elite bet small amounts on their friends' startups — Maia Bittner is an angel investor, and she has a lot of friends who've founded startups. Sometimes they ask her if she wants to put money into their companies.
Tweets: @ellenhuet, @markmilian, @maiab, @ellenhuet, and @hunterwalk
| Mike Wheatley / SiliconANGLE: |
Micron reports Q4 revenue down 25% YoY to $6.64B, from $8.27B, plans to cut total capital spending by 30% YoY and wafer-fab equipment spending by nearly 50% YoY — Reporting its fiscal fourth-quarter earnings today,Micron Technology Inc. warned investors that it's planning to take drastic measures …
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iTnews
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