Techmeme
May 23, 2022, 11:05 AM

Top News

Bloomberg:
Sources: Broadcom is in talks to acquire VMware, which has a ~$40B market cap; the discussions are ongoing and there's no guarantee they will lead to a purchase  —  Broadcom Inc. is in talks to acquire cloud-computing company VMware Inc., according to people familiar with the matter …
Tripp Mickle / New York Times:
Facebook, Apple, Amazon, Microsoft, and Google will emerge stronger from this downturn; Refinitiv: from 2008 to 2010, these companies acquired 100+ firms  —  Flush with cash, Facebook, Apple, Amazon, Microsoft and Google are positioned to emerge from a downturn stronger and more powerful.  As usual.
Mike Isaac / New York Times:
Meta says it plans to give outside researchers more info on political ad targeting on Facebook and Instagram and will update Ad Library with more info from July  —  Academics and journalists will be able to see more data about the way political ads are used to target users across Facebook and Instagram.
Spencer Soper / Bloomberg:
Sources: Amazon, which has too much warehouse capacity after the pandemic, is looking to sublet over 10M square feet in New York, California, and elsewhere  —  Amazon.com Inc., stuck with too much warehouse capacity now that the surge in pandemic-era shopping has faded …
Rita Liao / TechCrunch:
StepN, a Solana-based app that rewards users with tokens for walking and running, says it has 2M-3M MAUs and makes $3M-5M/day in net profit from trading fees  —  But skeptics question its sustainability and whether it can be called a ‘game’  —  Since its launch in December, StepN …
Gavin Bonshor / AnandTech:
AMD announces Ryzen 7000 CPUs with up to 16 Zen 4 cores based on TSMC's 5nm process, plus PCIe 5 and DDR5 on the AM5 motherboard, coming in fall 2022  —  During the AMD Keynote at Computex 2022, its CEO, Dr. Lisa Su officially unveiled their next generation of Ryzen processors and the successor …
Damien Wilde / 9to5Google:
Xiaomi signs a long-term partnership with Leica and announces a jointly developed smartphone will launch in July 2022, likely with the Snapdragon 8 Plus Gen 1  —  Xiaomi has signed a “long-term strategic partnership” with camera and camera lens manufacturer Leica in a bid to improve …
Eva Szalay / Financial Times:
BNP Paribas joins JPMorgan's blockchain-based Onyx network for the repurchase market, which has facilitated $300B+ in deals since December  —  BNP Paribas joins JPMorgan-powered platform that has traded more $300bn of intraday repo deals  —  BNP Paribas has joined JPMorgan in using digital tokens …
Dan Milmo / The Guardian:
YouTube takes down 70K+ videos and 9K+ channels covering the Ukraine war for violating content guidelines, including videos referring to a “liberation mission”  —  Exclusive: Platform takes ‘unprecedented action’ to address content guideline violations since invasion

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Lily Hay Newman / Wired: