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May 18, 2022, 3:45 PM
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| Brian Stelter / CNN: |
Twitter's board says “Mr. Musk agreed to a transaction at $54.20 per share” and that it intends to “close the transaction and enforce the merger agreement” — New York CNN Business — … Who wants to own Twitter? Maybe Elon Musk doesn't.
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New York Times, TheStreet, SEC.gov, Axios, Ars Technica, Fortune, Bloomberg, Axios, TaaSMaster Newsletter, Mashable, Washington Post, Politique Republic, The Irish Times, and New York Times
Tweets: @nycsouthpaw, @sherman4949, @nycsouthpaw, @laurenshirsch, @ilyabr0wn, @loudmouthjulia, @chandrarsrikant, @sherman4949, @tomcoates, @brianstelter, @dsquareddigest, @bennyjohnson, @sherman4949, @thevivafrei, @davezatz, @emptywheel, @danprimack, @ivanthek, @ivanthek, @danprimack, @bongcapital, @laurenshirsch, @arashmassoudi, @bongcapital, @ivanthek, @bongcapital, @samro, @sarafischer, @sherman4949, @danprimack, @sherman4949, and @sherman4949
| Bloomberg: |
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New York Times, Barron's Online, and Insider
Tweets: @darth, @epro, @business, @shortingisfun, @martinsfp, @mattnavarra, and @edludlow
| Edwin Chan / Bloomberg: |
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@elonmusk. More:
Insider, PCMag, Fortune, Wired, WRAL TechWire, The Guardian, TechCircle, Fossbytes, TNW, Reuters, Coinspeaker, ExtremeTech, and The Signal
Tweets: @elonmusk, @elonmusk, @mmasnick, @evafoxu, @sruhle, @crtrud, @carnage4life, @mollyjongfast, @lukemiani, @billym2k, @repaoc, @meiselasb, @anandwrites, @annelamott, @joshtpm, @lizpeek, @moorehn, @tedlieu, @thesheetztweetz, @janewells, @richsignorelli, @nilegardiner, @efffalcon, @carnage4life, and @tonychurnside
| Monica Chin / The Verge: |
Acer refreshes the Swift 3 laptop, starting at $900 with a 14" OLED display, 12th Gen Intel Core H-series CPUs, and claimed 10-hour battery life, coming in July — A new 14-inch OLED for $899.99 — It wasn't too long ago that the phrase “OLED laptop” implied a luxury product.
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XDA Developers, ZDNet, CNET, Windows Central, Tech Advisor, PCWorld, BGR India, Android Authority, Tom's Hardware, Liliputing, Acer, Digital Trends, and Engadget
| Phillip Tracy / Gizmodo: |
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XDA Developers, Windows Central, PCWorld, Acer, Ars Technica, Engadget, KnowTechie, Engadget, TechRadar, and Digital Trends
| Sam Rutherford / Engadget: |
| Financial Times: |
Filing: Saudi Arabia's Public Investment Fund bought a 5% stake in Nintendo worth $2.98B; the PIF disclosed 5%+ stakes in Nexon and Capcom in February 2022 — 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, Polygon, Game Rant, MobileSyrup, iMore, GamesIndustry.biz, Wall Street Journal, NME, Kotaku, Nintendo Life, and Eurogamer.net
Tweets: @gearoidreidy, @andyplaytonic, @toadsanime, @jenny_b_3, @randallbell, @quinnypig, and @stephentotilo
| Mitchell Clark / The Verge: |
Amazon refreshes its Fire 7 tablet with USB-C charging, better battery life, and a 30% faster processor, and raises the price from $50 to $60, coming June 29 — And faster internals — Amazon is updating its small and inexpensive Fire 7 tablet for the first time in three years … | New York Times: |
A profile of Do Kwon, the trash-talking founder of Terraform Labs, which raised $200M+ to build LUNA and UST; investors cashed out early, but traders lost big — Do Kwon, a South Korean entrepreneur, hyped the Luna and TerraUSD cryptocurrencies. Their failures have devastated some traders …
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The Block and The Block
Tweets: @altcoinpsycho, @thecryptomonk, @bennetttomlin, @flitteronfraud, @yonettejo, and @peter_atwater
| Mark Gurman / Bloomberg: |
Sources: Ian Goodfellow, Apple's former director of machine learning who left over the company's strict return-to-office 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 …
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Gizmodo, 9to5Google, Wall Street Journal, The Mac Observer, Engadget, The Verge, New York Post, iThinkDifferent, AI News, Philip Elmer‑DeWitt, The Register, TechRadar, TechCircle, WRAL TechWire, Silicon Republic, Benzinga, and MacRumors
Tweets: @markgurman, @mkarolian, @lapcatsoftware, @applelaborers, @bob_burrough, @wintermoat, @brianroemmele, and @chancehmiller
| Financial Times: |
China's top economic official meets with dozens of tech execs and experts and pledges “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 … | Zheping Huang / Bloomberg: |
| Mary Jo Foley / ZDNet: |
In response to rivals' complaints, Microsoft begins relaxing its cloud licensing rules in Europe, which made running its software on other clouds more expensive — Microsoft is undoing in Europe some of the restrictive cloud-licensing policies it first announced in 2019 which made running …
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Microsoft On the Issues, Thurrott, GeekWire, Softpedia News, Euractiv, The Register, OnMSFT.com, and Financial Times
Tweets: @bradsmi, @getwired, @bradsmi, @maryjofoley, @quinnypig, and @klyngec
| 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 … | Wall Street Journal: |
Google's Russian subsidiary plans to file for bankruptcy, saying it cannot pay employees, suppliers, and vendors after authorities seized its local bank account — Departure of employees comes as Russian subsidiary prepares to declare bankruptcy, effectively ending the company's commercial operations in the country
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PCMag, Ars Technica, The Verge, CRN, Telegraph, Reuters, Android Police, The Hill, The Economic Times, and Slashdot
Tweets: @samschech and @trippmickle
| Bloomberg: |
Four Democratic senators ask the FTC to examine whether ID.me illegally misled consumers and government agencies about its use of facial recognition software — A group of Democratic senators has asked the Federal Trade Commission to investigate whether identity verification company ID …
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Krebs on Security, VICE, U.S. Senator Ron Wyden …, and Engadget
Tweets: @briankrebs and @paulnovosad
| 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.
More:
Protos and Newslit Daily
| Annie Palmer / CNBC: |
New York accuses Amazon of discriminating against pregnant workers and those with disabilities; the state seeks civil fines and an end to discriminatory conduct — - New York Gov. Kathy Hochul on Wednesday announced a state agency has filed a complaint against Amazon, alleging it discriminates …
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Governor Kathy Hochul, The Verge, The Hill, Barron's Online, New York Daily News, Politico, Shacknews, and Reuters
Tweets: @komonews and @sengianaris
| Emily Nicolle / Bloomberg: |
CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC stablecoin circulation rose by $3.4B and Binance USD is up $1.2B — Circle's USD Coin is reaping the benefits as circulation of Tether, the world's largest stablecoin and its closest rival, continues to decline in a wave of redemptions.
More:
Crypto Briefing. Tweets: @chrisbloomstran, @toby_n, @defimoon, @zhusu, @jerallaire, @gaborgurbacs, @mdudas, @mdudas, @toby_n, @degenspartan, @bennetttomlin, @jeetsidhu_, @biancoresearch, @biancoresearch, @davetroy, @biancoresearch, @cryptoseq, and @degenspartan
| Kate Rooney / CNBC: |
At the first investor day in five years, Jack Dorsey reaffirms Block's commitment to bitcoin; Block's stock is down from its 52-week high of $289.23 to ~$83 — - At Block's first investor day since 2017, executives describe how crypto and music-streaming businesses make up an “ecosystem” beyond the original card reader.Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Zoho:
Stop re-entering invoices between CRM and accounting systems — This is a guest blog from Xapplets (Zeeyes).There's a workflow most growing teams know well. Sales closes a deal in the CRM.
Stop re-entering invoices between CRM and accounting systems — This is a guest blog from Xapplets (Zeeyes).There's a workflow most growing teams know well. Sales closes a deal in the CRM.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Training Data:
Factory's Matan Grinberg: The Coming 'Dark Factory' Where Software Builds Itself
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
Matthew Smith — Natural Gas: The Next Bottleneck
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
Why Netflix is betting on systems thinkers—not specialists—in the AI era | Elizabeth Stone (CPTO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Kimi K3 & AI's Price War, What Happened To Google?, OpenAI's Partner Trouble
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Great Chat:
Never follow your heroes (on X)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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