October 4, 2022, 1:50 PM

Top News

Ed Hammond / Bloomberg:
Source: in a letter to Twitter, Elon Musk proposes proceeding with the acquisition at the original $54.20 per share; Twitter stock jumps 12%+  —  Elon Musk is proposing to buy Twitter Inc. for the original offer price of $54.20 a share, Bloomberg News reports.Musk made the proposal in a letter to Twitter …
Hartley Charlton / MacRumors:
European Parliament votes 602 to 13 to enforce USB-C as the charging port for most devices by the end of 2024 and laptops by 2026; some small devices are exempt  —  The European Parliament today voted overwhelmingly in favor of enforcing USB-C as a common charging port across a wide range …
Jason Cipriani / ZDNet:
Google's Nest announces the $180 Nest Doorbell Wired and $200 Nest Wifi Pro with Wi-Fi 6E support, updates the Home app, and confirms support for Matter  —  Google on Tuesday announced several new products, including a new Nest Doorbell that ditches a battery, a Nest Wi-Fi Pro with support for Wi-Fi 6E …
Khari Johnson / Wired:
The White House's new AI Bill of Rights, including helping opt out of algorithmic decision-making, is nonbinding and so will have little impact on companies  —  The draft's tenets include allowing citizens to opt out of algorithmic decision-making, which could reshape federal government—but not the private sector.
Caitlin Huston / The Hollywood Reporter:
Meta says it will be shutting down Bulletin, its newsletter service, by early next year  —  The social media company plans to bring more content back to the Facebook platform directly.  —  Meta will be shutting down Bulletin, its newsletter subscription service, by early next year, a spokesperson confirmed Tuesday.
Steve Lohr / New York Times:
Micron plans to spend up to $100B over 20 years to build a chipmaking complex in upstate New York, helped by federal and state government incentives  —  The company is planning a giant complex in Clay, N.Y., a sign that the government's investments in semiconductors are steering firms' decisions.
Karen Weise / New York Times:
In an email to recruiters, Amazon says it is freezing most corporate hiring in its retail business for the rest of 2022; AWS is not affected by the freeze  —  It is the latest tech company to pump the brakes on hiring amid growing economic concerns.  —  Amazon is freezing corporate hiring …
More: GeekWire
Meta announces AITemplate, an open-source, PyTorch-based unified “inference” system for both AMD and Nvidia GPU hardware, helping code run 4x-12x faster  —  Facebook parent Meta Platforms Inc (META.O)said on Monday it has launched a new set of free software tools …
Maxwell Strachan / VICE:
Some guests and hosts say Airbnb permanently banned them after background checks by third-party company Inflection revealed minor offenses or old misdemeanors  —  Airbnb customers say they are being permanently banned after background checks reveal minor offenses like broken tail lights and old misdemeanors.
Jennifer Pattison Tuohy / The Verge:
The Connectivity Standards Alliance releases the Matter 1.0 standard for smart homes and opens its certification program  —  The smart home standard is open for certification at last.  We could see Matter devices in our homes as soon as this month. … The Connectivity Standards Alliance …
Ephrat Livni / New York Times:
The US Treasury releases a digital assets report asking Congress for more resources to police crypto, regulate stablecoins, legislate crypto tokens, and more  —  The Financial Stability Oversight Council said that the growing crypto market could pose risks to the broader financial system.
Samsung details a five-year roadmap for mass producing advanced chips, including second-generation 3nm chips in 2024, 2nm chips in 2025, and 1.4nm chips in 2027  —  Samsung Electronics Co. announced an aggressive five-year plan to lure US chip buyers with more advanced technology …

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Mike Calia / CNBC: