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May 23, 2022, 8:30 AM
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| Bloomberg: |
Sources: Broadcom is in talks to acquire VMware, which has a ~$40B market cap; the discussions are ongoing and there's no guarantee they will lead to a purchase — Broadcom Inc. is in talks to acquire cloud-computing company VMware Inc., according to people familiar with the matter …
More:
Reuters, Tech Monitor, Wall Street Journal, Bloomberg, DCD, New York Times, Protocol, TechRadar, Financial Times, iTnews, The Register, and SiliconANGLE
| Dan Milmo / The Guardian: |
YouTube takes down 70K+ videos and 9K+ channels about the war in Ukraine for violating content guidelines, including videos referring to a “liberation mission” — Exclusive: Platform takes ‘unprecedented action’ to address content guideline violations since invasion
More:
Fossbytes, Engadget, and Cybernews.com
Tweets: @hdevreij, @dewaleadesanya, @lezluthor, @spencerguard, @timothyjgraham, @theanonleaks, and @dimitrilascaris
| Aditya Kalra / Reuters: |
General Atlantic plans to invest $2B in India and Southeast Asia over the next two years, and is currently in early-stage funding talks with ~15 startups — Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years … | Gavin Bonshor / AnandTech: |
AMD announces Ryzen 7000 CPUs with up to 16 Zen 4 cores based on TSMC's 5nm process, PCIe 5 and DDR5 on an AM5 motherboard, coming in fall 2022 — During the AMD Keynote at Computex 2022, its CEO, Dr. Lisa Su officially unveiled their next generation of Ryzen processors and the successor to the highly successful Ryzen 5000 series.| Reuters: |
Paytm's parent One 97, whose share price is down 57% in 2022, reports Q4 revenue up 89% YoY to ~$200M and a net loss up 72% YoY to ~$98M due to higher expenses — India's One 97 Communications Ltd (PAYT.NS), the parent of fintech firm Paytm, on Friday reported a wider fourth-quarter loss due …
Source:
BSE. More:
Outlook, Livemint, The Hindu BusinessLine, Moneycontrol, YourStory.com, The Economic Times, and Bloomberg
| Lily Hay Newman / Wired: |
Google details three campaigns that used Predator spyware, developed by North Macedonia's Cytrox, that exploited five Android vulnerabilities found in 2021 — New research from Google's Threat Analysis Group outlines the risks Android users face from the surveillance-for-hire industry.
Source:
The Keyword. More:
BleepingComputer, PCMag, TechRepublic, and The Hacker News
Tweets: @jsrailton, @wired, @shanehuntley, @iethics, @iethics, @g_katsambekis, and @campuscodi
| Tripp Mickle / New York Times: |
Facebook, Apple, Amazon, Microsoft, and Google will emerge stronger from this downturn; Refinitiv: from 2008 to 2010, these companies acquired 100+ firms — Flush with cash, Facebook, Apple, Amazon, Microsoft and Google are positioned to emerge from a downturn stronger and more powerful. As usual.
More:
Philip Elmer‑DeWitt. Tweets: @carnage4life, @arlanwashere, @nytimesbusiness, @lisaabramowicz1, @stevelohr, @adamsinger, @alecmacgillis, @richard_florida, and @skybridge
| Damien Wilde / 9to5Google: |
Xiaomi signs a long-term partnership with Leica and announces a jointly developed smartphone will launch in July 2022, likely with the Snapdragon 8 Plus Gen 1 — Xiaomi has signed a “long-term strategic partnership” with camera and camera lens manufacturer Leica in a bid to improve … | Rita Liao / TechCrunch: |
StepN, a Solana-based app that rewards users with tokens for walking and running, says it has 2M-3M MAUs and makes $3M-5M/day in net profit from trading fees — But skeptics question its sustainability and whether it can be called a ‘game’ — Since its launch in December, StepN …
Tweets: @mdudas, @tuviae, @shitirastogi, @dreamboat_id, and @sk8ercurt
| Rita Liao / TechCrunch: |
Singapore-based BUD, which offers a metaverse for Gen Z consumers and plans to launch an NFT marketplace, raises a $36.8M Series B led by Sequoia Capital India — BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months.
More:
Forbes, People Matters, and Tech in Asia
| Cagan Koc / Bloomberg: |
European Central Bank President Christine Lagarde says crypto “should be regulated” to deter people from speculating on assets that are “based on nothing” — European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” …
More:
Protocol, AltFi, Decrypt, Silicon Republic, Cryptonews, Forkast, Crowdfund Insider, PCMag, Ethereum World News, Bitcoinist.com, The Block, Politico, Cryptopolitan, Finbold, and Crypto Daily
Tweets: @m_ernest_, @bronwynwilliams, @mhiesboeck, @gladstein, @erikvoorhees, @andrewcarrier, and @c_barraud
| Mike Isaac / New York Times: |
Meta says it plans to give outside researchers more info on political ad targeting on Facebook and Instagram and will update Ad Library with more info from July — Academics and journalists will be able to see more data about the way political ads are used to target users across Facebook and Instagram.
More:
Reuters
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