| Bloomberg: |
Sources: Elon Musk addressed Twitter employees for the first time since agreeing to buy the company in April, discussing potential layoffs, moderation, and more — Tesla Inc. Chief Executive officer Elon Musk discussed his stance on what types of content should be allowed on Twitter Inc.'s social network … | Casey Newton / Platformer: |
Some employees say that Musk sounded genuinely enthusiastic about owning and running Twitter, but the meeting reinforced their mostly negative beliefs about him — Musk says he has big plans for the company. Employees wonder how he'll achieve them| Financial Times: |
Sources: BlockFi was among the groups that liquidated at least some positions held by Three Arrows Capital, which failed to meet margin calls this past weekend — BlockFi was among a clutch of firms that liquidated the Singapore-based group's positions — Three Arrows Capital failed … | Mary Jo Foley / ZDNet: |
Microsoft debuts Defender for Individuals, an online security dashboard for PC, Mac, iOS, and Android, part of Microsoft 365 Family and Personal subscriptions — Microsoft is adding the Microsoft Defender for Individuals to its Microsoft 365 Personal and Family subscriptions.| Sergiu Gatlan / BleepingComputer: |
| Janko Roettgers / Protocol: |
Roku raises its revenue share for ad-supported streaming channels from 40% to 45% and forces linear channels to use its ad insertion technology and CDN services — In recent weeks, Roku began to send notices to many of its content partners, informing them that it would change a key distribution agreement.| The Verge: |
Snap is internally testing Snapchat Plus, a paid subscription service that will give users early access to exclusive, experimental, and pre-release features — It's currently in “early internal testing” — Snap is doing internal tests of a paid subscription called Snapchat Plus … | Manya Saini / Reuters: |
| Hannah Lang / Reuters: |
State securities regulators in Alabama, Kentucky, New Jersey, Texas, and Washington are investigating Celsius Network's decision to suspend customer redemptions — State securities regulators in Alabama, Kentucky, New Jersey, Texas and Washington are investigating crypto lender Celsius Network's decision … | Andy Greenberg / Wired: |
Researchers connect an Indian police agency to hackers who planted evidence in 2018 on the PCs of human rights activists jailed on framed terrorism charges — New details connect police in India to a plot to plant evidence on victims' computers that led to their arrest.| Manish Singh / TechCrunch: |
India-based FanClash, which lets users pick fantasy esports teams to compete with one another in its mobile app, raised a $40M Series B led by Alpha Wave Global — Millions of Indians each year assemble virtual sports teams, placing their hopes on the players they pick to perform exceedingly well in real-world matches.| The Markup: |
Analysis: 33 of the top 100 US hospitals used the Meta Pixel tracker, sending to Facebook data including medical conditions, prescriptions, and appointments — Experts say some hospitals' use of an ad tracking tool may violate a federal law protecting health information| Wall Street Journal: |
Sources: Klarna is in talks with investors about funding at a ~$15B valuation, down from its $45.6B valuation in June 2021; source: a deal could yield $500M+ — The SoftBank-backed, buy-now-pay-later startup is discussing raising cash at a valuation around $15 billion, down from 2021's near $46 billion valuation| Brody Ford / Bloomberg: |
Boston-based Vendr, which helps companies manage SaaS purchasing, raised a $150M Series B at a $1B valuation led by Craft Ventures and SoftBank Vision Fund 2 — Vendr Inc., a firm that centralizes business software purchasing and management, announced it was valued at $1 billion … | Haje Jan Kamps / TechCrunch: |
London-based Playermaker, whose footwear-mounted trackers monitor the performance of athletes of all skill levels, raised $40M led by Ventura Capital Group — If you're a coach who's ever thought, “Man, I wish there was a footwear-mounted performance tracker for my soccer team,” boy, do I have some excellent news for you.| Alex Sherman / CNBC: |
TikTok's global business solutions head says TikTok is an entertainment platform, not a social network like Facebook, and hasn't seen a slowdown in ad revenue — - Facebook is openly copying TikTok, and calling it out as a significant competitor. — But Blake Chandlee … | FinSMEs: |
New York City-based Transfr, which provides businesses with VR simulations for on-the-job worker training, raised a $35M Series B led by Lumos Capital Group — Transfr VR, a NYC-based company pioneering the use of virtual reality to simulate on-the-job training, raised $35 million in Series B funding.| Bloomberg: |
Canadian telecom Telus plans to acquire Toronto-based digital health care and wellness services provider LifeWorks for CAD$2.3B, an ~80% premium on its stock — Canadian telecommunications company Telus Corp. said it will acquire digital-health provider LifeWorks Inc. for about C$2.3 billion … | Taylor Hatmaker / TechCrunch: |
Reddit plans to acquire Spell, a platform for running machine learning experiments founded in 2016 by a former Facebook engineer, for an undisclosed amount — Reddit announced Thursday that it would buy Spell, a platform for running machine learning experiments, for an undisclosed amount.| Dana Mattioli / Wall Street Journal: |
A look at Andy Jassy's first year as Amazon CEO, as he seeks to reverse some of Jeff Bezos' aggressive pandemic investments, close physical stores, and more — Amid one of the worst stretches for financial performance in Amazon's history, the new CEO is working to cut back the excesses …
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| Cat Zakrzewski / Washington Post: |
| Jon Porter / The Verge: |
| Ed Smith / PCGamesN: |
| Katie Collins / CNET: |
| Matt Burgess / Wired: |
| Ryan Broderick / Garbage Day: |
| New York Times: |
| Allison Johnson / The Verge: |