Techmeme
May 25, 2022, 7:10 PM

Top News

Dan Primack / Axios:
Jack Dorsey leaves Twitter's board of directors, effective today; Dorsey has discussed rolling over his 2.4% Twitter stake into Elon Musk's takeover deal  —  Jack Dorsey is leaving the board of Twitter, effective today.  The move had been telegraphed last fall, when he stepped down as the social media company's CEO.
CNBC:
Filing: Elon Musk plans to provide an additional $6.25B in equity financing for his Twitter buyout, boosting his commitment to $33.5B; Twitter's stock jumps 7%+  —  A new filing reveals that Elon Musk plans to front $33.5 billion in his bid to take over Twitter.
Lawrence Abrams / BleepingComputer:
DuckDuckGo confirms a researcher's findings that its browser allows some Microsoft trackers on third-party sites, citing a Microsoft search content agreement  —  The privacy-focused DuckDuckGo browser purposely allows Microsoft trackers on third-party sites due to an agreement …
Hannah Murphy / Financial Times:
Andreessen Horowitz announces a $4.5B crypto fund, its fourth and largest so far, allocating about $1.5B for seed investments and $3B for venture investments  —  Venture capital group launches its largest fund to date focused on digital assets despite market downturn
Diane Bartz / Reuters:
Twitter agrees to pay $150M to the FTC, settling allegations that it misrepresented the “security and privacy” of user data between May 2013 and September 2019  —  Twitter Inc (TWTR.N) has settled with U.S. authorities over allegations it misrepresented the “security and privacy” …
Lauren Kaori Gurley / VICE:
Leaked video: Apple SVP of Retail + People Deirdre O'Brien tells employees that joining a union would make it harder for Apple to improve working conditions  —  In an internal video circulated among Apple's 58,000 retail employees, Apple's vice-president of retail suggested that a union …
Sarah Emerson / BuzzFeed News:
After actor and producer Seth Green lost four NFTs to a phishing scam, his show based on his stolen Bored Ape NFT is in doubt; OpenSea says it froze the NFTs  —  Actor and producer Seth Green was robbed of several NFTs this month after succumbing to a phishing scam that inadvertently threw …
Nathan Ingraham / Engadget:
Encrypted email service ProtonMail rebrands itself as Proton, and unifies its calendar, storage, and VPN products under Free, Mail Plus, and Unlimited plans  —  For the privacy-minded, ProtonMail has been one of the better options for secure email — you can get an (admittedly basic) …
Gabrielle Coppola / Bloomberg:
Luminar hires CJ Moore, a manager on Apple's car project who joined in August 2021 from Tesla where he was an Autopilot director, to lead software development  —  Luminar Technologies Inc. said it hired CJ Moore, a manager on Apple Inc.'s car project and a former director for Autopilot projects …
Vishal Chawla / The Block:
Do Kwon's proposal to relaunch the Terra blockchain passes with 65.5% of the governance vote; Terra 2.0 is set to go live on Friday without the UST stablecoin  —  Quick Take  — Do Kwon's proposal to relaunch the Terra blockchain has passed.  — In total, 65.5% of votes supported the proposal.
Mark Bergen / Bloomberg:
A look at Google's renewed push into e-commerce, led by SVP Prabhakar Raghavan, positioning itself as a kind of anti-Amazon, which has long dominated the sector  —  Google executive Prabhakar Raghavan recently had an issue with his rose bushes.  His wife took a photo of the plants on her phone …
Issie Lapowsky / Protocol:
Peter Thiel steps down from Meta's board, on which he secured a seat in 2005 after investing $500K; Meta announced in February 2022 that Thiel would be leaving  —  Peter Thiel has officially stepped down from Meta's board, a position he's held since Facebook was in its infancy.

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Ax Sharma / BleepingComputer:
Dan Goodin / Ars Technica:
Moneycontrol:
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Filipe Espósito / 9to5Mac: