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May 3, 2022, 7:40 AM
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| Reuters: |
Sources: Elon Musk asked investment firms and wealthy individuals for more Twitter financing and investors like Jack Dorsey to roll their stakes into the deal — Elon Musk is in talks with large investment firms and high net-worth individuals about taking on more financing for his $44 billion acquisition …
More:
Washington Post, BGR India, Transistori, Funston Brief, Forbes, and MindWar
Tweets: @cgasparino, @robtfrank, @reuters, @johnanzo, and @sawyermerritt
| Sarah Frier / Bloomberg: |
In a filing, Twitter says Elon Musk's bid could make it difficult to attract and retain key employees, decrease productivity, and halt changes to its business — Twitter Inc.'s $44 billion deal to be acquired by Elon Musk means it risks losing advertisers and employees, who may be concerned about the company's uncertain future.
More:
TheStreet, Insider, Reuters, The Guardian, The Economic Times, and Protocol
Tweets: @mr_james_c, @business, and @quinnypig
| Matt Levine / Bloomberg: |
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digg.com. Tweets: @leahlibresco, @etbrooking, @timbray, @jbarro, @jbarro, @kateconger, @matt_levine, @shiraovide, @carnage4life, and @caseynewton
| Ashley Carman / Bloomberg: |
Facebook plans to stop letting users add podcasts to the service this week, start removing them on June 3, and discontinue Soundbites and its central audio hub — Facebook is pulling out of podcasts and plans to remove them altogether from the social-media service starting June 3.
More:
PCMag, The Verge, Benzinga, Insider, Engadget, Social Media Today, AdExchanger, Tech.co, PYMNTS.com, iMore, Protocol, Input, 9to5Mac, AppleInsider, Slashdot, and Matt on Audio
Tweets: @ashleyrcarman, @chrismessina, @imyke, @drnerdlove, @scottjohnson, @clairevtran, @bridgetmarie, @jtylerconway, @bryanbarletta, @mikker, @grammargirl, @phil_lewis_, @loudmouthjulia, @brianroemmele, @ejimbo_com, @ismh, @masukuandile, @martinsfp, @abu_zafar, @walthickey, @brycas, @arithisandthat, @nicktheandersen, @stanikulechov, @amahnke, @clauswilke, @andrewmartonik, @loudmouthjulia, @mgsiegler, @cgates123, @pkafka, @matt, @godfree, @broderick, and @loudmouthjulia
| Wall Street Journal: |
The SEC plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, created in 2017 to monitor crypto fraud, taking it to 50 personnel — Agency to add 20 staffers to help tighten scrutiny of unregulated $1.7 trillion cryptocurrency market
Source:
U.S. Securities … and Finextra. More:
Reuters, CoinDesk, Bloomberg, Benzinga, Cointelegraph, Crypto Briefing, and Protocol
Tweets: @alexandergrieve, @johnreedstark, and @ivanthek
| Bloomberg: |
Sources: PayPal and others made informal complaints about Apple's NFC restrictions to the European Commission, spurring the EU's formal antitrust complaint — PayPal Holdings Inc. helped spur a formal antitrust complaint against Apple Inc. and its iPhone payments system by raising concerns …
More:
Axios, AltFi, Silicon Republic, European Commission, 9to5Mac, AppleInsider, TechSpot, iPhone Hacks, South China Morning Post, TechCrunch, The Irish Times, and Wall Street Journal
Tweets: @lopinnik, @mario_cibelli, and @markgurman
| Jules Wang / Android Police: |
Telegram's latest iOS beta includes exclusive reaction emoji and stickers for Telegram Premium subscribers, a sign of the company's plans to monetize messaging — It looks like the app is getting ready to make money off of you — For as robust of a messaging app as it is, Telegram does need to make money.
More:
9to5Google, Pocket-lint, WRAL TechWire, XDA Developers, Gizchina, gHacks Technology News, iPhone in Canada Blog, iThinkDifferent, Pocketnow, Slashdot, iPhone Hacks, Android Headlines, Droid Life, MacRumors, MSPoweruser, iMore, Engadget, Android Beat, Android Central, Phandroid, Android Authority, and Notebookcheck.net. Tweets: @pierce
| The Information: |
Roadmap: Meta plans four VR headsets by 2024; source says high-end MR headset Cambria, once set for 2021, could debut in September before its successor in 2024 — Meta Platforms is planning to release four virtual reality headsets between now and 2024, according to an internal road map viewed by The Information.
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Engadget, UploadVR, IGN, TechRadar, Tom's Guide, Protocol, The Verge, Social Media Today, Road to VR, TNW, The GameDiscoverCo newsletter, PetaPixel, PC Gamer, CNET, The Information, SiliconANGLE, 9to5Google, and Android Central
Tweets: @mathewolson, @modeless, @darth, @mikeelgan, @rashadrobinson, @sadlyitsbradley, @sadlyitsbradley, @tuviae, @sadlyitsbradley, @markstirton, @torimakuvr, @frostkittypaw, @sadlyitsbradley, @jcorvinusvr, @lucasmtny, @stephennellis, @mathewolson, @alex, @amir, @sadlyitsbradley, @stevekovach, @hrafntho, @sylviavarnham, and @alexeheath
| Blake Brittain / Reuters: |
In a lawsuit, Apple alleges SoC startup Rivos stole trade secrets after poaching 40+ engineers and that at least two took gigabytes of confidential information — (Reuters) - Technology startup Rivos Inc allegedly stole Apple Inc's computer-chip trade secrets after poaching its engineers …
More:
Macworld, 9to5Mac, iMore, Bloomberg, SiliconANGLE, iThinkDifferent, Engadget, MobileSyrup, iPhone Hacks, iClarified, Law Street Media, The Mac Observer, MacRumors, AppleInsider, MacDailyNews, and Cult of Mac
Tweets: @reuters, @calvinayre, @macrumors, and @joshuamkite
| Financial Times: |
Sources: the UK has shelved plans to empower the CMA's digital markets unit, announced in 2020, hampering its ability to set rules and impose fines — Government not expected to include legislation to beef up CMA's digital markets unit in Queen's Speech — The UK is poised to shelve plans …
More:
The Platform Law Blog and Reuters
Tweets: @georgewparker, @webdevlaw, @riptari, @georgeperetzqc, @caffar3cristina, @leoringer, and @rasmus_kleis
| Paresh Dave / Reuters: |
Google offers to cover $100K+ worth of its Coursera online courses in data analytics, design, and other tech skills for up to 500 employees at any US business — Alphabet Inc's (GOOGL.O) Google will provide any U.S. business over $100,000 worth of online courses in data analytics …
More:
Computerworld, TechCircle, Search Engine Land, and EdScoop
| Andrew Liszewski / Gizmodo: |
Amazon plans to support the popular EPUB ebook format via the Send to Kindle feature in late 2022, and drop support for the MOBI and AZW formats — The Send to Kindle system will automatically convert EPUB files to the Kindle's proprietary ebook format. — Alerts
More:
TNW, Good e-Reader, The Verge, Amazon, Mashable, TechRadar, Engadget, TechCrunch, Input, Phandroid, Liliputing, and Android Police
Tweets: @epro, @edent, @pierce, and @gillyberlin
| Pranshu Verma / Washington Post: |
Addiction scholars say cryptocurrency has characteristics that make it more addictive than sports betting, gambling, and traditional financial investing — Crypto was going to make them rich. Instead, therapists say, more people became depressed and addicted.
Tweets: @lucasmtny, @pranshuverma_, and @coin_trades
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| Shaurya Malwa / CoinDesk: |
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Crypto Daily, Cointelegraph, PYMNTS.com, Decrypt, NewsBTC, Crypto Briefing, CryptoSlate, CryptoPotato, Ethereum World News, and TradingBTC.com
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