Open Links In New Tab
Mobile Archives Site News
Techmeme
May 27, 2022, 4:40 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter

Top News

Nivedita Balu / Reuters:
Filing: Twitter rejects Elon Musk ally Egon Durban's resignation from the board, two days after shareholders blocked his re-election at an annual meeting  —  Twitter Inc (TWTR.N) said in a filing on Friday it would not accept Egon Durban's resignation from the board, after shareholders blocked …
Kate Conger / New York Times:
In an April 4 letter, the SEC told Elon Musk it is probing his March purchases and disclosures of Twitter stock, and whether he was truly a “passive” investor  —  The regulator questioned whether the Tesla chief executive had disclosed his stake at the right time.
Lora Kolodny / CNBC:
A Twitter shareholder sues Elon Musk and Twitter over the handling of the acquisition, saying Musk engaged “in conduct designed to create doubt about the deal”  —  - Since Musk's acquisition bid, Twitter's share price has dropped more than 12%, and Tesla's is down about 28% as part of a broad sell-off in tech stocks.
Rest of World:
Some people in countries with high inflation say they lost tens of thousands in savings after investing in UST, which seemed more stable than the local currency  —  “I have nothing left, not even a penny.”  —  Valeria makes around $300 a month selling prepared food from her home in Buenos Aires.
Kashmir Hill / New York Times:
A look at PimEyes, a paid facial recognition service that charges up to $300 per month to exclude photos, which some women describe as “essentially extortion”  —  PimEyes is a paid service that finds photos of a person from across the internet, including some the person may not want exposed.
Jez Corden / Windows Central:
Microsoft confirms it is building an HDMI device codenamed Keystone that can be connected to a TV or monitor to run Xbox Game Pass and its cloud gaming service  —  The key to the cloud.  —  For a few years, rumors have persisted that Microsoft was exploring building some form of streaming stick …
Budi Sutrisno / Tech in Asia:
Jakarta-based Bibit, which offers robo-advisor services to help millennial users invest in mutual funds based on their risk profiles, raises $80M+ led by GIC  —  Indonesia-based investment app Bibit has raised over US$80 million in a funding round led by GIC, with participation from Prosus Ventures and other existing investors.
More: FinSMEs
Amy Lewin / Sifted:
Report: only 15% of European VC general partners are women, managing just 9% of total assets; 13% of general partners in the UK are women, managing 5% of assets  —  Across Europe as a whole, 85% of VC GPs are men.  —  In worse than the average in the UK, where 87% of GPs are men.
Agne Cimermanaite / Metaverse Post:
Los Angeles-based Jadu, which is building an AR game around virtual objects and avatars owned by players in a metaverse, raises $36M led by Bain Capital Crypto  —  Jadu Mirrorverse — an AR game built around virtual objects owned by the players — just raised $36M to help create the Web3 …
More: Jadu

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
Zoho:
15 live chat best practices to improve customer support  —  Every interaction customers have with your business shapes their perception about you and can either make them more loyal or send them elsewhere looking for alternatives.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Sponsor Techmeme
The Kevin Rose Show:
 Carolina Reis Oliveira & Alessandra Zonari | OneSkin: Aging Myths, Senescent Cells, and How to Age Slower (#56)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
 Fri. 05/10 - Apple Apologizes For The "Crush" Ad
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
Sponsor this podcast
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:40 PM ET, May 27, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Matthew Keys / The Desk:
C-SPAN's own business choices keep the network from being offered on streaming TV platforms like YouTube TV, as it stays reliant on cable and satellite funding

Christi Carras / Los Angeles Times:
LAist initiates a voluntary buyout program for staff to avoid layoffs as it faces a “significant budget shortfall” ranging from $4M-$5M in the next two years

Jonah McKeown / Catholic News Agency:
Three Catholic radio stations file a petition against the FCC over requirements mandating that radio and TV stations publish info about staff race and gender

More News

Yogita Khatri / The Block:
Tether enters Latin America by launching the MXNT stablecoin, pegged to the Mexican peso, initially available on the Ethereum, Tron, and Polygon blockchains

Earlier Picks

The Markup:
An investigation finds Apple, Meta, Amazon, Google, and Microsoft have launched a coordinated campaign in 31 states against data privacy legislation since 2021
Dan Primack / Axios:
Bolt Financial laid off 185 employees, or about one-third of its workforce; some have to repay loans they took from the company for vested shares within 90 days
Sujith Somraaj / Decrypt:
Binance, FTX, Crypto.com, Huobi, Bitfinex, Kucoin, and other exchanges pledge support for Do Kwon's Terra 2.0, set to launch on May 27 by airdropping tokens
Chavi Mehta / Reuters:
Broadcom offers to acquire VMware for ~$61B in cash and stock, paying $142.50 per share, a nearly 49% premium, and will assume VMware's $8B in net debt
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter