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May 24, 2022, 4:55 AM
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| Wall Street Journal: |
Sources: Broadcom is in talks to pay ~$140 per share, or about $60B, for VMware, and the companies are aiming to announce the cash-and-stock deal on Thursday — The two companies are aiming to announce the cash-and-stock deal Thursday — Broadcom Inc. AVGO -3.10%▼ …
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Network World, CNBC, New York Times, The Register, Financial Times, Seeking Alpha, Electronics Weekly, ARN, Fox Business, Channel NewsAsia, MarketWatch, Bloomberg, GovCon Wire, Yahoo Money, Investor's Business Daily, Mobile World Live, Seeking Alpha, Silicon Valley Business …, CNBC, The Information, CRN, CRN, Bloomberg, SC Media, iPhone in Canada Blog, Crunchbase News, The Register, CRN, Channel Futures, Telegraph, Neowin, and Bloomberg
Tweets: @wsj, @gs_capsf, and @sarbjeetjohal
| Kif Leswing / CNBC: |
Snap CEO warns employees the company will miss its Q2 revenue and earnings targets as its growth weakens, and plans to slow hiring; stock drops 29%+ — - Snap will miss its own targets for revenue and adjusted earnings in the current quarter, CEO Evan Speigel warned on Monday in a note to employees.| Riley de León / CNBC: |
eBay partners with NFT startup OneOf to launch 13 digital collectibles featuring Wayne Gretzky, and plans more sports NFTs throughout 2022, starting at $10 each — - eBay is getting into NFTs — and hockey legend Wayne Gretzky is featured in the first collection from the e-commerce company.| 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.
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Fortune and Newslit Daily
Tweets: @wbm312, @imeluny, @nytimes, @vickerysec, @pt, @itifdc, @ulyssespascal, @profcarroll, @davidheniguk, @dmccabe, @satariano, and @davidheniguk
| Deirdre Bosa / CNBC: |
Sources: Airbnb plans to remove all mainland China listings for homes and experiences by this summer, but will keep a Beijing office focusing on outbound travel — - All mainland Chinese listings — homes and experiences — will be taken down by this summer, but Airbnb will continue to maintain … | The Information: |
Sources: Coinbase is testing an app from Ray Dalio's company Principles that lets staff rate each other on how well they exemplify Coinbase's 10 cultural tenets — Coinbase, a cryptocurrency trading firm that garnered attention for banning salary negotiations and political speech among employees …
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Slashdot. Tweets: @amir, @ericjduran, @silvermanjacob, @jessgartner, @jesseltaylor, @pardesoteric, @yoda, @caseynewton, @chainyoda, @caseynewton, @loudmouthjulia, @yoda, @theinformation, @counternotions, @aidanfitzryan, @caseynewton, @thevunderkind, @dataandpolitics, @rmac18, @matousekmark, @jessicalessin, @carnage4life, @nbashaw, @emmavj, @mattdpearce, and @joshuaogundu
| Patrick Klepek / VICE: |
The QA team at Activision Blizzard's Raven Software votes 19-3 to unionize, as US labor board prosecutors determined the company “illegally threatened staff” — A huge event in the crunch-prone video game industry, which has long resisted organized labor. — Patrick Klepek
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Bloomberg, Washington Post, Los Angeles Times, Windows Central, Kotaku, The Verge, Polygon, The Guardian, Wall Street Journal, NPR, Stevivor, Input, Game Rant, Dexerto, Destructoid, PC Gamer, Dot Esports, Protocol, Digital Trends, IGN, New York Times, Game Developer, TechCrunch, Engadget, and Wccftech
Tweets: @greenhousenyt, @motherboard, @josheidelson, @stevenstrom, @greene_dm, @bigblackjacobin, and @acarboni
| Adam Beam / Associated Press: |
CA State Assembly approves a bill letting parents sue social media companies if children become “addicted” to the companies' products; bill needs a final vote — SACRAMENTO, Calif. (AP) — California could soon hold social media companies responsible for harming children …
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California Legislative Information. Tweets: @zavalaa, @drantbradley, @rmoneyryan2012, @thatjenmonroe, @johnwilson, @mehnazakberaziz, @zavalaa, @mmasnick, @rvawonk, @raymonddurk, @pt, @cathygellis, @mmasnick, @mmasnick, @daphnehk, and @mmasnick
| 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 …
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Ars Technica, Bloomberg, Techdirt, Reuters, Wall Street Journal, Platformer, Across Florida, FL Patch, The Verge, The Hill, Input, Associated Press, and The Register
Tweets: @agashleymoody, @cat_zakrzewski, @b_fung, @debbieforfl, @jameeljaffer, @aricohn, @mmasnick, @reckless, @aricohn, @jameeljaffer, @cjciaramella, @aricohn, @b_fung, @b_fung, @bendiamondfl, @reckless, @jameeljaffer, @davidgreene, @b_fung, @jameeljaffer, @caseynewton, @toomuchme, @aricohn, @aricohn, @steve_vladeck, @aronberg, @rico_rants, @b_fung, @jameeljaffer, @mmasnick, @aricohn, @jameeljaffer, @wexler, @aricohn, @davidgreene, @issielapowsky, @aricohn, @jeffweineros, @aricohn, @dwuhlfelderlaw, @mmasnick, @b_fung, @davidgreene, @cat_zakrzewski, and @mmasnick
| Natasha Lomas / TechCrunch: |
The UK's data protection watchdog fines Clearview AI £7.5M+ for violating privacy laws and orders the company to delete UK citizen information from its systems — The UK's data protection watchdog has confirmed a penalty for the controversial facial recognition company, Clearview AI …
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BBC, The Verge, Silicon Republic, The Guardian, Protocol, Sky News, Washington Post, Big Brother Watch, The Overspill, Engadget, SiliconANGLE, PetaPixel, iTnews, ZDNet, HotHardware.com News, ico-newsroom.prgloo.com, TechSpot, AI News, The Independent, CNET, Gizmodo, CNBC, SecurityWeek, City A.M., The Register, Agence France-Presse, and Forbes
Tweets: @iconews, @bigbrotherwatch, @silkiecarlo, @djleufer, @jjvincent, @kevinkeller, @cipherstorm, @sejalzota, @justinhendrix, @shionamc, and @jjvincent
| 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.
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Silicon Republic, TechCrunch, AltFi, Klarna, CNBC, Protocol, International Business Times, Input, The Verge, PYMNTS.com, Silicon Valley Business …, Finextra, The Block, and Financial Times
Tweets: @siftedeu, @iatalkspace, and @amyrlewin
| Issie Lapowsky / Protocol: |
Spotify is slowly bringing back political ads on podcasts after pausing them in early 2020, and says it has strengthened its advertiser verification system — Spotify stopped hosting political ads on its services in early 2020, citing a lack of “robustness” in its systems … Thanks:@karynelevy
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