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May 23, 2022, 10:50 AM
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memeorandum
WeSmirchTop 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 … | New York Times: |
A look at efforts by 50+ countries to control digital data produced by citizens, governments, and businesses, driven by privacy concerns, economics, and more — Nations are accelerating efforts to control data produced within their perimeters, disrupting the flow of what has become a kind of digital currency.
Tweets: @davidheniguk, @dmccabe, @satariano, and @davidheniguk
| 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.
More:
AppleInsider, 9to5Mac, NEWS.am, and Reuters
| 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.
More:
Meta, Protocol, and The Economic Times
Tweets: @justinhendrix, @blackamazon, @markscott82, @markscott82, and @andymstone
| Wall Street Journal: |
After Elon Musk attempted to pause the Twitter deal, internal chat logs detail bewilderment among employees; VP Jay Sullivan says a “chaos tax” will continue — Deal has left employees bewildered about what their jobs are and will be — In one 24-hour period this month …
Tweets: @rupasubramanya, @saraheneedleman, and @saraheneedleman
| 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 …
More:
PCMag. Tweets: @yevp, @supheci_kimse, @stanphylcap, @aoverk, @rebovichinst, @mattmday, @h_thoreson, @dofornop, @jimpethokoukis, @capitalobserver, and @firstadopter
| 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 … | 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 …
Tweets: @zachweinberg, @shitirastogi, @sk8ercurt, @tuviae, @mdudas, and @dreamboat_id
| 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 …
More:
Xiaomi, South China Morning Post, XDA Developers, Engadget, Android Police, Pocketnow, Digit, PhoneArena, Neowin, Fossbytes, Phandroid, TechCircle, Sammy Fans, Android Authority, Pocket-lint, Android Headlines, Gizchina, and Android Central
Tweets: @philstarlife, @aamirsidd94, @gizchina, @androidauth, and @bencsin
| 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 …
More:
Blockworks, CoinDesk, Cryptonews, Off to Lunch, and Coinspeaker
Tweets: @mayazi, @andrewcarrier, @mayazi, @a_lagna, and @lindayueh
| 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
More:
Gizmodo, Engadget, Fossbytes, and Cybernews.com
Tweets: @evelyndouek, @dewaleadesanya, @lezluthor, @hdevreij, @spencerguard, @timothyjgraham, @theanonleaks, and @dimitrilascaris
| Aditya Kalra / Reuters: |
General Atlantic plans to invest $2B in India and Southeast Asia over the next two years, and is currently in early-stage funding talks with ~15 startups — Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years …
More:
Benzinga, Inc42 Media, PYMNTS.com, and Tech in Asia
Tweets: @adityakalra, @spwells, and @paragkhanna
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