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May 20, 2023, 9:25 AM
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WeSmirchTop News
| Rebekah Valentine / IGN: |
China approves Microsoft's $69B acquisition of Activision Blizzard, bringing the total to 37 countries, including the EU and Japan — Thirty-seven total regulators have voiced approval thus far. — China's State Administration has approved Microsoft's attempted $69 billion acquisition …
More:
Seeking Alpha, Metro.co.uk, WinBuzzer, OnMSFT.com, Tech Xplore, Windows Central, Game Rant, Neowin, GameSpot, TweakTown, Wccftech, Pocket Gamer.biz, Gameranx, and Pure Xbox
Tweets:
@tomwarren, @tomwarren, and @gadget_ry
| Lia Haberman / ICYMI: |
Meta briefed some creators on Instagram's decentralized text-based app that may launch in June 2023 with a Twitter-like design, Mastodon compatibility, and more — Meta's hosting secret meetings with select creators to share details — [a sneak peek at Instagram's new text-based app]
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The Verge, Bloomberg, Moneycontrol, Gizmodo, TechCrunch, Cointelegraph, TechEBlog, Geekout Newsletter, Livemint, Forbes, Trusted Reviews, MarketWatch, iThinkDifferent, PYMNTS.com, MobileSyrup, Social Media Today, The Information, Insider, Neowin, WeRSM, 9to5Mac, BGR, Android Central, Reuters, WinBuzzer, The Economic Times, iPhone in Canada Blog, PetaPixel, Engadget, Slashdot, and Pixel Envy
Mastodon:
@tchambers@indieweb.social, @film_girl@mastodon.social, @rodhilton@mastodon.social, @noracodes@tenforward.social, and @trochee@dair-community.social
Tweets:
@liahaberman, @liahaberman, @liahaberman, @billym2k, @filipeesposito, @hamids, @nash076, @gregbensinger, @lamag, @mattnavarra, @sarahfrier, @mattmday, @kevincollier, @mathewi, @jcpunongbayan, @sarahfrier, @lionvestgroup, @michaelsayman, @danprimack, @goofrider, @marvelle, @smacula, @michaelguimarin, @martinsfp, @liahaberman, @alex__ha12, @mattnavarra, and @liahaberman
| Financial Times: |
Sources: top shareholder SoftBank demanded compensation from Revolut after UK regulators told the startup to simplify its ownership to obtain a banking license — Minister to meet payment group's bosses amid fears UK's biggest tech group will leave the country
More:
Sifted, The Information, Benzinga, Crowdfund Insider, The Block, Coinspeaker, Blockworks, Finextra, Crypto Daily, Telegraph, and AltFi
LinkedIn:
Alan Vaksman and Maarten Ectors
Tweets:
@ivanlevingston, @jamesplloyd, @bondhack, and @alexh_johnson
| Cecilia D'Anastasio / Bloomberg: |
After Niantic's latest AR game Peridot got negative app store reviews and few downloads, a look at the company's metaverse games struggling to find an audience — Just a few years ago, tech evangelists were hailing Niantic Inc., the maker of the hit game Pokémon Go …
Tweets:
@cecianasta, @345triangle, @harrymccracken, @joonian, and @hermesninja
| Ariana Perez-Castells / Wall Street Journal: |
Some doctors, bird watchers, and others still use pagers due to their simplicity; paging company Spok has 800K+ pagers in use in the US, down from 6.6M in 2004 — Fans, including some doctors and bird watchers, appreciate the simplicity of the once-popular devices, even as others move on| Vildana Hajric / Bloomberg: |
Inside the Bitcoin 2023 conference in Miami, attended by 12K+ people, down from 25K+ in 2022, which had a subdued yet positive mood, and no talks of moonshots — It turns out that the Bitcoin faithful still like to party even after the annus horribilis that shook the digital-asset world in 2022.| Financial Times: |
A look at the proliferation of fake LinkedIn profiles; LinkedIn's transparency report says the company blocked 58M+ accounts in H2 2022, up from 22M in H1 — On the internet, nobody knows you bought a dog — William Grace-Hunter doesn't exist, though this may not be immediately obvious from his LinkedIn profile.| Jon Brodkin / Ars Technica: |
Filing: AT&T asks the FCC to block a SpaceX/T-Mobile plan that allows Starlink to service areas lacking T-Mobile coverage, saying “FCC's rules do not permit” it — AT&T and rural telcos say Starlink-fueled phone service would cause interference.
More:
Engadget, Cord Cutters News, PhoneArena, The Verge, CNET, Bloomberg, Light Reading, DatacenterDynamics, and Wccftech
| Chance Miller / 9to5Mac: |
Apple shares its first App Store Transparency Report, listing app rejections, government requests, and more, as part of a settlement in a 2021 developer lawsuit — Earlier this week, Apple shared an in-depth look at how the App Store helped prevent fraud and protect developers and customers alike.
More:
Apple, AppleInsider, Neowin, PhoneArena, The Verge, iPhone in Canada Blog, and MacRumors
Mastodon:
@chrismessina@mastodon.xyz. Tweets:
@vickerysec, @benedictevans, @benedictevans, @rjonesy, and @drbarnard
| Byron Kaye / Reuters: |
The Australian Securities Exchange no longer plans to try to rebuild its software using blockchain, after “pausing” seven years of development in November 2022 — Australia's stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology …
More:
Decrypt, The Information, Cointelegraph, Inside Bitcoins, Cryptonews, Bitcoinist.com, and CryptoGlobe. Tweets:
@paleofuture
| Wall Street Journal: |
Sources: Apollo Global Management and Fortress Investment Group are each investing ~$50M in competing groups that aim to restart Celsius under new management — Investors that buy and turn around downtrodden companies have largely shunned crypto — Two Wall Street heavyweights are locked …
More:
Inside Bitcoins, Cryptonews, 24/7 Wall St., and Ethereum World News
| Ingrid Lunden / TechCrunch: |
Restaurant365, which sells restaurant management software, raised $135M led by KKR and L Catterton at a $1B+ valuation, bringing its total funding to $288M — The price of food continues to go up and up, but surprisingly that hasn't (yet?) played out as pressure on the wider restaurant industry.
More:
Restaurant Technology News, Restaurant365, and FinSMEs
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