Techmeme
October 4, 2022, 9:40 PM

Top News

Ed Hammond / Bloomberg:
SEC filing: in a letter to Twitter, Elon Musk revives his original bid for $54.20 per share, aiming to avoid a courtroom fight; Twitter's stock closes up 22.24%  —  Elon Musk is proposing to buy Twitter Inc. for the original offer price of $54.20 a share, Bloomberg News reports.Musk …
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Jeremy C. Owens / MarketWatch:
Elon Musk says buying Twitter “is an accelerant to creating X, the everything app”; Musk previously teased launching X.com as a social media site  —  Entrepreneur's first big hit was with X.com, an online bank that was acquired by PayPal; he re-acquired the rights to the website …
Axios:
Hartley Charlton / MacRumors:
The European Parliament votes 602 to 13 to enforce USB-C as the charging port for most devices by the end of 2024 and all laptops by spring 2026 sold in the EU  —  The European Parliament today voted overwhelmingly in favor of enforcing USB-C as a common charging port across a wide range …
Khari Johnson / Wired:
The White House's new AI Bill of Rights, which would let users 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 plans to shut down its newsletter subscription service Bulletin by early 2023; the Substack competitor launched in January 2021 and now has 120+ writers  —  The social media company plans to bring more content back to the Facebook platform directly.  —  Meta will be shutting down Bulletin …
Jennifer Pattison Tuohy / The Verge:
The Connectivity Standards Alliance launches the Matter 1.0 smart home standard and its certification program; Matter devices may be sold as soon as this month  —  The smart home standard is open for certification at last.  We could see Matter devices in our homes as soon as this month.
Sarah Perez / TechCrunch:
Meta debuts Instagram ads on the Explore page and tests ads in profile feeds, letting creators earn extra income, and a shorter ad format for Facebook Reels  —  Following another quarter that saw marketers pull back on their ad spending, Meta today announced it's increasing its ad load on Instagram with the launch of two new ad slots.
Jason Cipriani / ZDNet:
Google announces the $180 Nest Doorbell Wired and $200 Nest Wifi Pro with Wi-Fi 6E support, updates the Home app, and confirms the company will support Matter  —  Google on Tuesday announced several new products, including a new Nest Doorbell that ditches a battery, a Nest Wi-Fi Pro with support …
Steve Lohr / New York Times:
Micron plans to spend up to $100B over the next 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.
Sankalp Phartiyal / Bloomberg:
Sources: Apple's iPhone exports from India passed $1B in the past five months and could reach $2.5B by March 2023, up from $1.3B in the year ending March 2022  —  Apple Inc.'s iPhone exports from India crossed $1 billion in the five months since April, according to people familiar with the matter …

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