|
May 23, 2022, 2:40 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| 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:
Bloomberg, TechCrunch, Crunchbase News, New York Times, datacenterknowledge.com, Wall Street Journal, CNBC, San Francisco Business Journal, Network World, Telegraph, The Irish Times, iPhone in Canada Blog, CRN, RCR Wireless News, Neowin, Reuters, Channel Futures, DCD, Newslit Daily, Tech Monitor, TechRadar, Protocol, City A.M., iTnews, The Register, CNBC, and SiliconANGLE
| New York Times: |
A look at efforts by 50+ countries to control the data produced by their citizens, governments, and businesses, driven by privacy concerns, economics, and more — Nations are accelerating efforts to control data produced within their perimeters, disrupting the flow of what has become a kind of digital currency.
More:
Fortune. Tweets: @imeluny, @itifdc, @wbm312, @pt, @satariano, @vickerysec, @davidheniguk, @dmccabe, @profcarroll, and @davidheniguk
| Natasha Lomas / TechCrunch: |
UK's data protection watchdog fines Clearview AI ~£7.5M for violating privacy laws and orders the company to delete all info on UK citizens from its systems — The UK's data protection watchdog has confirmed a penalty for the controversial facial recognition company, Clearview AI … | Mimi Billing / Sifted: |
Klarna tells employees it plans to lay off 10% of its workforce, after reports of raising money at a reduced $30B valuation; LinkedIn shows it has 6,500+ staff — Last week, the Wall Street Journal reported that Klarna was seeking a new round of investment that could see its valuation brought down by a third, from $46bn to $30bn.
More:
TechCrunch, Protocol, Finextra, Klarna, CNBC, The Block, and Financial Times
Tweets: @iatalkspace, @siftedeu, and @amyrlewin
| Tripp Mickle / New York Times: |
Meta, Apple, Amazon, Microsoft, and Google are positioned to emerge stronger from this downturn; Refinitiv: from 2008 to 2010, the companies acquired 100+ firms — Flush with cash, Facebook, Apple, Amazon, Microsoft and Google are positioned to emerge from a downturn stronger and more powerful.
More:
Computerworld, AppleInsider, MacDailyNews, 9to5Mac, NEWS.am, and Reuters
| Mike Isaac / New York Times: |
Meta plans to give outside researchers more info on political ad targeting on Facebook and Instagram and to update Ad Library with more info starting in 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:
Gizmodo, Meta, Bloomberg, The Economic Times, and Protocol
Tweets: @nytimes, @ianclucas, @ianclucas, @whotargetsme, @justinhendrix, @andymstone, @markscott82, @markscott82, @nytimestech, and @blackamazon
| Issie Lapowsky / Protocol: |
The 11th Circuit federal court upholds blocking Florida's social media “censorship” law to protect First Amendment rights, as SCOTUS weighs Texas' similar law — As the Supreme Court weighs whether to block Texas' social media “censorship” law, a court of appeals has decided …
More:
Techdirt and Technology & …
Tweets: @b_fung, @cat_zakrzewski, @aricohn, @aricohn, @b_fung, @cat_zakrzewski, @b_fung, @davidgreene, @b_fung, @issielapowsky, and @b_fung
| Financial Times: |
On April 6, weeks before UST collapsed, Binance promoted the stablecoin on Telegram as a “High Yield, Safe & Happy Earn” investment with an annual 19.63% yield — World's biggest crypto exchange marketed stablecoin lending scheme offering nearly 20% yield
More:
Protos, Cryptonews, and TradingBTC.com
Tweets: @frank_giustra, @katie_martin_fx, and @muradahmed
| Spencer Soper / Bloomberg: |
Sources: Amazon, which has too much warehouse capacity now that pandemic-era shopping has faded, is looking to sublet at least 10M square feet across the US — Amazon.com Inc., stuck with too much warehouse capacity now that the surge in pandemic-era shopping has faded …
More:
PCMag. Tweets: @gerritd, @shiraovide, @stanphylcap, @h_thoreson, @dofornop, @jimpethokoukis, @yevp, @supheci_kimse, @aoverk, @capitalobserver, @firstadopter, @mattmday, and @rebovichinst
| TechCrunch: |
Sources: MainStreet, which helps SMBs find tax credits, is raising at a $200M valuation, down from $500M in March 2021, weeks after laying off ~30% of its staff — Weeks after laying off about 30% of its staff, MainStreet is said to be raising another round of funding at a $200 million valuation, sources tell TechCrunch.| Wall Street Journal: |
Chat logs: Twitter employees are bewildered about what their jobs are and will be after Elon Musk takes over; VP Jay Sullivan expects a “chaos tax” to continue — Deal has left employees bewildered about what their jobs are and will be — In one 24-hour period this month …
Tweets: @rupasubramanya, @saraheneedleman, and @saraheneedleman
| Eva Szalay / Financial Times: |
BNP Paribas joins JPMorgan's blockchain-based Onyx network for the repurchase market, which has facilitated $300B+ in deals since December — BNP Paribas joins JPMorgan-powered platform that has traded more $300bn of intraday repo deals — BNP Paribas has joined JPMorgan in using digital tokens …
More:
PYMNTS.com, Blockworks, CryptoSlate, CoinDesk, Off to Lunch, Cryptonews, and Coinspeaker
Tweets: @mayazi, @andrewcarrier, @a_lagna, @lindayueh, and @mayazi
| 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 …
More:
Micky. Tweets: @patio11, @genia_xx, @acityinohio, @shitirastogi, @sk8ercurt, @tuviae, @mdudas, @dreamboat_id, @zachweinberg, and @alexanderchopan
Sponsor Posts
Google:
Generate videos with Veo 3 in Google Gemini — Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator. Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Generate videos with Veo 3 in Google Gemini — Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator. Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Techmeme Leaderboards:
Discover the top reporters on AI safety, robotics, stablecoins, and much more — We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 50 topics. Download reports immediately for just $100.
Discover the top reporters on AI safety, robotics, stablecoins, and much more — We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 50 topics. Download reports immediately for just $100.
Zoho:
Understanding the U.S. overtime policy in Zoho People — The importance of tracking overtime working hours cannot be overstated. It has to be done carefully to stay compliant, keep your HR operations efficient, and pay employees accurately.
Understanding the U.S. overtime policy in Zoho People — The importance of tracking overtime working hours cannot be overstated. It has to be done carefully to stay compliant, keep your HR operations efficient, and pay employees accurately.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Acquired:
Alphabet Inc.
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
Subscribe to Acquired.
Invest Like the Best:
Joe Liemandt - Building Alpha School, and The Future of Education
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Tech Brew Ride Home:
Uncle Sam's Intel Stake
Tech news headlines every day. 15 minutes and you're up to date. From Tech Brew, Morning Brew's tech hub.
Subscribe to Tech Brew Ride Home.
Grit:
How Dropbox Beat Big Tech in the Cloud Wars
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Inside the expert network training every frontier AI model | Garrett Lord (Handshake CEO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
The Big GPT-5 Debate, Sam Altman's AI Bubble, OnlyFans Chatbots
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 2:40 PM ET, May 23, 2022.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
From Mediagazer
Reuters:Alex Weprin / The Hollywood Reporter:
Associated Press:
Upcoming Tech Events
More News
| Damien Wilde / 9to5Google: |
More:
Xiaomi, HotHardware.com News, XDA Developers, South China Morning Post, SlashGear, Engadget, Digital Trends, TalkAndroid.com, Fossbytes, Android Police, Digit, Phandroid, Sammy Fans, PhoneArena, Pocket-lint, Android Headlines, Neowin, TechCircle, Android Authority, Android Central, and Gizchina
Tweets: @philstarlife, @aamirsidd94, @gizchina, @androidauth, and @bencsin
Earlier Picks
| Gavin Bonshor / AnandTech: |