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May 18, 2022, 6:50 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, Financial Times, Washington Post, Gizmodo, Axios, Bloomberg, The Irish Times, Protocol, New York Times, Mashable, The Register, Bloomberg, International Business Times, Protocol, Bloomberg, Observer, Financial Times, and Insider
Tweets: @sherman4949, @nycsouthpaw, @nycsouthpaw, @laurenshirsch, @dsquareddigest, @loudmouthjulia, @emptywheel, @danprimack, @ivanthek, @ivanthek, @danprimack, @bongcapital, @sherman4949, @laurenshirsch, @arashmassoudi, @brianstelter, @bongcapital, @ivanthek, @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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YouTube, Benzinga, TheStreet, The Economic Times, New York Post, Forbes, and TechCrunch
Tweets: @kurtwagner8, @carnage4life, @jerrycap, @annmlipton, @jesselehrich, @ilyabr0wn, @mattnavarra, and @siracusa
| 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, Politique Republic, Reclaim The Net, New York Times, CNN, iMore, SlashGear, Telecoms.com, The Economic Times, and TechCrunch
Tweets: @matt_levine, @caseynewton, @chandrarsrikant, @davemcclure, @getwired, @carnage4life, @joparkerbear, @mims, @opinion, @goldman, @jeffhauser, @epicureandeal, @harrymccracken, @jamespmanley, @parmy, @adamweinstein, @johnpaczkowski, @edwardnh, @modestproposal1, @taylorlorenz, @scottnover, @burnettgracem, @matt_levine, @ceciliakang, @knieriemen, @read_n_learn, @karenkho, @datadrivenmd, @clarajeffery, @toure, and @deanobeidallah
| Edwin Chan / Bloomberg: |
Source:
@elonmusk. More:
Insider, Reuters, The Verge, Axios, Fortune, TechCircle, Fossbytes, The Signal, BGR, ZDNet, Financial Times, Coinspeaker, The Economic Times, TESLARATI, Input, CNBC, Axios, Ars Technica, Digital Trends, iMore, The Guardian, and Variety
Tweets: @elonmusk, @elonmusk, @mmasnick, @sruhle, @evafoxu, @lizpeek, @moorehn, @thesheetztweetz, @meiselasb, @tedlieu, @anandwrites, @mollyjongfast, @annelamott, @joshtpm, @lukemiani, @billym2k, @repaoc, @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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Hollywood Reporter, The Verge, Bloomberg, CNBC, Variety, Los Angeles Times, t3.com, Insider, Reuters, Tech in Asia, iMore, Gizmodo, Protocol, BGR India, Engadget, PYMNTS.com, Fossbytes, and dot.LA
Tweets: @thestalwart, @tvgrimreaper, @carriecnh12, and @carnage4life
| 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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Silicon Republic, Wall Street Journal, Fossbytes, New York Times, The Verge, MacRumors, TechCircle, AppleInsider, iMore, Engadget, Fortune, Livemint, 9to5Mac, CNN, Thurrott, Washington Post, The Mac Observer, Silicon Valley Business …, iPhone in Canada Blog, iDownloadBlog.com, CRN, Cult of Mac, New York Post, Philip Elmer‑DeWitt, The Irish Times, iClarified, The Economic Times, Protocol, iMore, MacDailyNews, MacRumors, Slashdot, and Reuters
| 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, Silicon Republic, Cloud Blog, Protocol, Slashdot, Forbes, CSO, CRN, Dark Reading, govinfosecurity.com, The Register, SiliconANGLE, VentureBeat, and ZDNet
Tweets: @juliaferraioli, @gvarisco, @googlecloud, and @snyksec
| 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 …
Source:
The Information. More:
MacRumors, Input, iMore, t3.com, SiliconANGLE, The Overspill, iPhone Hacks, Wccftech, OnMSFT.com, AppleInsider, Windows Central, Loup, and iMore
Tweets: @waynema, @sadlyitsbradley, @tsukinune, @scobleizer, @hrafntho, @sadlyitsbradley, @munster_gene, @macrumors, @9to5mac, and @ghadjia
| 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:
NewsBTC, Forkast, PYMNTS.com, Blockworks, Bitcoin News, CoinJournal, and CryptoPotato
| Heather Somerville / Wall Street Journal: |
As startups face potential drops in valuation and VCs demand lower spending and higher margins, some companies turn to cutting staff, marketing, and projects — Funding is suddenly scarce as venture capital firms grow stingy, forcing young companies to get frugal and focus on breaking even| Siddharth Venkataramakrishnan / Financial Times: |
Thought Machine, a cloud-based infrastructure provider for 35+ banks globally, raises a $160M Series D at a $2.7B valuation, up from $1B+ in November 2021 — Unicorn brings Morgan Stanley on board as client and investor — London-based fintech Thought Machine has doubled its valuation …
More:
PYMNTS.com, Finextra, and AltFi
| Casey Newton / Platformer: |
Meta's Q1 2022 enforcement report: Facebook's automated content moderation systems improved YoY; the number of wrongly removed, and restored posts, also grew — What the company's latest enforcement report tells us about the free-speech debate — Today, let's talk about Facebook's latest effort …
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Meta, Meta, Meta, Social Media Today, Meta, and Meta
Tweets: @daveyalba, @caseynewton, and @jonloomer
| 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: @slhamlet, @ben_mckenzie, @nytimes, and @annmlipton
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