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May 18, 2022, 9:05 AM
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| Brian Stelter / CNN: |
Twitter's board says it intends to “close the transaction” at the agreed price and “enforce the merger agreement” — New York CNN Business — … Who wants to own Twitter? Maybe Elon Musk doesn't. Sure, maybe he is causing chaos to extract a lower price from the Twitter board …
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New York Times, SEC.gov, Gizmodo, Axios, Livemint, Financial Times, Washington Post, Bloomberg, Axios, New York Times, Mashable, The Irish Times, Insider, The Register, Bloomberg, International Business Times, Protocol, Bloomberg, Observer, and Financial Times
Tweets: @sherman4949, @nycsouthpaw, @nycsouthpaw, @laurenshirsch, @loudmouthjulia, @emptywheel, @danprimack, @ivanthek, @ivanthek, @danprimack, @bongcapital, @sherman4949, @laurenshirsch, @arashmassoudi, @brianstelter, @bongcapital, @ivanthek, @dsquareddigest, @bongcapital, @samro, @sarafischer, @sherman4949, @sherman4949, @danprimack, @sherman4949, @sherman4949, and @davezatz
| Bloomberg: |
Twitter loses more execs amid Musk's takeover bid: Twitter Service VP Katrina Lane, head of data science Max Schmeiser, and VP of product management Ilya Brown — Twitter Inc. is losing three more senior employees, including two vice presidents, a reflection of the uncertainty inside …
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Insider, Benzinga, The Economic Times, TESLARATI, TheStreet, and New York Post
Tweets: @ilyabr0wn, @kurtwagner8, @carnage4life, @annmlipton, @jerrycap, @jesselehrich, and @mattnavarra
| Matt Levine / Bloomberg: |
Elon Musk, who wanted to “defeat the spam bots”, is lying when he says bots are why he's backing away from buying Twitter at $54.20/share, amid stocks' downturn — Oh Elon — Elon Musk is the richest person in the world, and an active Twitter user.
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South China Morning Post, Financial Times, New York Post, CNBC, Politique Republic, Reclaim The Net, and New York Times
Tweets: @matt_levine, @crtrud, @chandrarsrikant, @davemcclure, @carnage4life, @joparkerbear, @jamespmanley, @parmy, @adamweinstein, @edwardnh, @knieriemen, @caseynewton, @getwired, @read_n_learn, @epicureandeal, @scottnover, @opinion, @goldman, @johnpaczkowski, @taylorlorenz, @jeffhauser, @modestproposal1, @harrymccracken, @burnettgracem, @matt_levine, @mims, @karenkho, @ceciliakang, @datadrivenmd, @clarajeffery, @toure, and @deanobeidallah
| Edwin Chan / Bloomberg: |
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@elonmusk. More:
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Tweets: @elonmusk, @elonmusk, @mmasnick, @evafoxu, @sruhle, @lizpeek, @moorehn, @meiselasb, @tedlieu, @anandwrites, @mollyjongfast, @annelamott, @joshtpm, @lukemiani, @billym2k, @repaoc, @thesheetztweetz, @janewells, @richsignorelli, @nilegardiner, @efffalcon, @carnage4life, @tonychurnside, @karlbode, @film_girl, @gauravsabnis, @briannawu, @caseynewton, @matthuang, @cianmaher0, @green_footballs, @ldrogen, @carnage4life, @marcushouse, @grady_booch, @mattnavarra, @sarthakgh, @psawers, @bencsmoke, @martinsfp, @alex_panetta, @aphclarkson, and @garyblack00
| Nellie Andreeva / Deadline: |
Netflix cuts 150 jobs out of 11K across departments in a new round of layoffs, mostly in the US, as the company reins in costs amid slowing revenue growth — EXCLUSIVE: Layoffs are underway at Netflix today. About 150 positions out of the streamer's workforce of 11,000 are being eliminated amid …
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Tweets: @nothnghppens, @thestalwart, @tvgrimreaper, @carriecnh12, and @carnage4life
| Financial Times: |
China's top economic official meets dozens of tech execs and industry experts, pledging “support” for Chinese tech companies amid a deepening economic slump — Beijing's top economic official holds meetings with executives and industry experts — China's top economic official met dozens … | Financial Times: |
Filing: Saudi Arabia's Public Investment Fund takes a ~5% stake in Nintendo, worth $2.98B; the PIF disclosed a 5% stake in Japan's Nexon and Capcom in February — Sovereign wealth fund has already bought into Japan's Capcom and Nexon — Saudi Arabia's sovereign wealth fund has acquired …
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Bloomberg, Game Developer, GamesIndustry.biz, Wall Street Journal, NME, Nintendo Life, Eurogamer.net, TheGamer, and Kotaku
| Mark Gurman / Bloomberg: |
Sources: Ian Goodfellow, Apple's former director of machine learning who left due to the company's return to work policy, is joining Alphabet's DeepMind — An Apple Inc. executive who left over the company's stringent return-to-office policy is joining Alphabet Inc.'s DeepMind unit, according to people with knowledge of the matter.
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9to5Google, Benzinga, Philip Elmer‑DeWitt, Engadget, WRAL TechWire, Fossbytes, 9to5Mac, MacRumors, iMore, and AppleInsider
Tweets: @bob_burrough and @wintermoat
| Bloomberg: |
Research: despite China's crypto mining ban, its global bitcoin hashrate share grew to 21.1% from Sept. 2021 to Jan. 2022, suggesting a rise in covert mining — While the US extended its leading position as the dominant location for Bitcoin mining, China has reemerged as the second-largest locale despite …
Source:
Cambridge Judge Business …. More:
CNBC, Gizchina, Forkast, PYMNTS.com, NewsBTC, Blockworks, Bitcoin News, and CoinJournal
| Frederic Lardinois / TechCrunch: |
Google Cloud launches new software supply chain and zero trust tools, including one that gives governments and enterprises access to vetted open-source packages — Google Cloud is holding its annual Security Summit this week and unsurprisingly, the company used the event to launch a few new security features.
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Cloud Blog, ZDNet, Fossbytes, Silicon Republic, Protocol, Forbes, Slashdot, CSO, CRN, Dark Reading, and govinfosecurity.com
Tweets: @juliaferraioli, @gvarisco, @googlecloud, and @snyksec
| Tiffany Hsu / New York Times: |
Celebrities have been criticized for hyping crypto without highlighting the risks after this month's sell-off, as Crypto.com and FTX scale back on ad spending — Crypto boosters such as Matt Damon, Reese Witherspoon and Gwyneth Paltrow have been criticized for hyping virtual currency without highlighting the risks.
Tweets: @megancgraham, @luxalptraum, @slhamlet, @ben_mckenzie, @nytimes, and @annmlipton
| Mark Gurman / Bloomberg: |
Memo: Apple delays its three-day-a-week return to the office indefinitely, citing rising COVID-19 cases; the company still expects attendance two days per week — Apple Inc. delayed a plan to require workers to come back to the office three days a week, citing a resurgence in Covid-19 cases …
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Insider, New York Times, Silicon Republic, iThinkDifferent, The Verge, MacRumors, Fossbytes, TechCircle, AppleInsider, iMore, Fortune, Engadget, Livemint, CNN, Thurrott, Washington Post, 9to5Mac, The Mac Observer, Silicon Valley Business …, iPhone in Canada Blog, iDownloadBlog.com, CRN, Cult of Mac, Philip Elmer‑DeWitt, New York Post, iClarified, The Irish Times, and The Economic Times
| Tomio Geron / Protocol: |
Plaid announces two products for Automated Clearing House transfers, including identify verification, putting it in direct competition with Stripe — Plaid is moving into identity verification in a crucial expansion beyond its roots connecting banks and fintechs — a move that could put … | Michael Potuck / 9to5Mac: |
A report details the challenges that delayed Apple's mixed reality headset launch by years and the initial pushback from Jony Ive's team on a VR headset concept — Since beginning its efforts in 2015, Apple's work on a mixed reality headset has been hit with a range of challenges that have pushed …
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The Information. More:
MacRumors, Input, BGR India, t3.com, The Overspill, iMore, SiliconANGLE, iPhone Hacks, Wccftech, OnMSFT.com, AppleInsider, and Windows Central
Tweets: @elipariser, @waynema, @sadlyitsbradley, @tsukinune, @munster_gene, @hrafntho, @sadlyitsbradley, @scobleizer, @macrumors, @9to5mac, and @ghadjia
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