Techmeme
May 17, 2022, 9:40 AM

Top News

Edwin Chan / Bloomberg:
Elon Musk says the Twitter deal “cannot move forward” until Twitter proves bots are <5% of users, claiming his offer is based on “SEC filings being accurate”  —  Elon Musk said he'll proceed with his $44 billion takeover of Twitter Inc. only if the social media giant …
PR Newswire:
In a preliminary SEC proxy statement, Twitter says it is “committed to completing the transaction on the agreed price and terms as promptly as practicable”  —  Twitter, Inc. (NYSE: TWTR) today announced that it has filed its preliminary proxy statement with the U.S. Securities …
Parag Agrawal / @paraga:
Bloomberg:
Elon Musk says a Twitter deal at a lower price wouldn't be “out of the question”, speaking to a Miami tech conference crowd  —  Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter Inc., saying a viable deal at a lower price wouldn't be “out of the question.”
Rand Fishkin / SparkToro:
Natasha Lomas / TechCrunch:
Report: the real-time bidding industry exposes a person's online activity and location 747 times per day on average in the US and 376 times per day in Europe  —  New data about the real-time-bidding (RTB) system's use of web users' info for tracking and ad targeting, released today …
Corin Faife / The Verge:
Despite continuing to tweet on other topics, Elon Musk has so far been silent on the Buffalo shooting livestream, a content moderation challenge  —  The free speech advocate had no comment on Twitter's scramble to block videos of the mass shooting  —  On May 14th, social media platforms …
Michael Bellusci / CoinDesk:
Coinbase will begin letting a “small set” of users access Ethereum-based decentralized apps directly from its app  —  The move will let Coinbase users purchase NFTs, trade on decentralized exchanges and borrow and lend on various DeFi platforms.
Devin Coldewey / TechCrunch:
Apple announces several accessibility features, including Watch improvements and a live captioning tool for iOS, iPadOS, and macOS, rolling out later in 2022  —  Apple has released a bevy of new accessibility features for iPhone, Apple Watch, and Mac, including a universal live captioning tool …
Entrackr:
Paytm Mall, the e-commerce arm of Paytm, loses Alibaba and Ant Financial as investors, and its valuation drops from $3B to $13M  —  As Paytm Mall joins the government-backed e-commerce platform, the Open Network for Digital Commerce or ONDC, the firm sheds almost 99.5% of its valuation that it built since 2017.
Washington Post:
A look at tech political advocacy group American Edge, founded by Meta, as it tries to create the appearance of grassroots opposition to antitrust reform  —  Records show Facebook-funded American Edge backed minority interest groups, conservative think tanks and small business groups to create …
Ryan Weeks / The Block:
Coinbase says it will “slow hiring and reassess our headcount needs” during the market downturn, after initially planning to triple its workforce in 2022  —  Cryptocurrency exchange Coinbase has reined in a plan to triple its headcount this year in response to turbulent market conditions.
Sergiu Gatlan / BleepingComputer:
The US DOJ says that Moises Luis Zagala Gonzalez, a cardiologist in Venezuela, created, rented to cybercriminals, and profited from Jigsaw and Thanos ransomware  —  The US Department of Justice today said that Moises Luis Zagala Gonzalez (Zagala), a 55-year-old cardiologist with French …
Mary Ann Azevedo / TechCrunch:
Unit, a banking-as-a-service startup, raises a $100M Series C led by Insight at a $1.2B valuation, following a $51M Series B in June 2021  —  Unit, a banking-as-a-service startup, has closed on a $100 million Series C round of funding led by Insight Partners.
More: Bloomberg
Bloomberg:
Logs: the alleged Buffalo gunman spoke explicitly in a private Discord server about his plans to carry out and livestream an attack since at least December 2021  —  The accused gunman behind 10 deaths and 3 injuries in Buffalo, New York, over the weekend had spoken explicitly about his plans …
Kyle Wiggers / TechCrunch:
A.Team, a gig marketplace for product engineers, emerges from stealth with a $55M Series A co-led by Tiger, Insight, and Spruce and a $5M seed led by NFX  —  The gig economy has, to use a well-worn word, disrupted industries from ride-hailing to quick-service restaurants.

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.
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.
Zoho:
Cultivating creativity and innovation in the modern workspace  —  In the realm of modern business, success depends on more than just delivering products or services—it requires an environment where creativity thrives and new ideas are welcomed.
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.
The Kevin Rose Show:
How to Cultivate Everyday Dharma, Suneel Gupta (#54)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Tue. 04/23 - Microsoft's Own LLMs and Perplexity's Big Raise
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 9:40 AM ET, May 17, 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.

More News

Afsaneh Rigot / Wired:
Emily A. Vogels / Pew Research Center:
Juli Clover / MacRumors:

Earlier Picks

Jessica Bursztynsky / CNBC:
More: Insider and YouTube
Quartz:
CoinDesk: