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May 27, 2022, 12:45 PM
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| Nivedita Balu / Reuters: |
Filing: Twitter rejects Elon Musk ally Egon Durban's resignation from the board, two days after shareholders blocked his re-election at an annual meeting — Twitter Inc (TWTR.N) said in a filing on Friday it would not accept Egon Durban's resignation from the board, after shareholders blocked … | Lora Kolodny / CNBC: |
A Twitter shareholder sues Elon Musk and Twitter over the handling of the acquisition, saying Musk engaged “in conduct designed to create doubt about the deal” — - Since Musk's acquisition bid, Twitter's share price has dropped more than 12%, and Tesla's is down about 28% as part of a broad sell-off in tech stocks.
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Gizmodo, BBC, Telegraph, The Verge, Ars Technica, The Guardian, The Economic Times, Insider, Coinspeaker, TechCrunch, International Business Times, Benzinga, The Signal, Bloomberg, Engadget, Newser, Deadline, and Fossbytes
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| Kate Conger / New York Times: |
In an April 4 letter to Elon Musk, SEC says it is probing his purchases of Twitter stock and disclosures in March, and whether he was truly a “passive” investor — The regulator questioned whether the Tesla chief executive had disclosed his stake at the right time.| Rest of World: |
People from countries like Argentina, Venezuela, and Nigeria invested in Terra as they saw it as more stable than local currency, but lost thousands in savings — “I have nothing left, not even a penny.” — Valeria makes around $300 a month selling prepared food from her home in Buenos Aires.
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Wall Street Journal. Tweets: @srussolillo, @nic__carter, @ben_mckenzie, @counternotions, @carnage4life, @mattzeitlin, @mattzeitlin, @silviakillings, @glamazonjay, @minhtngo, @dlknowles, @leomschwartz, @bitfinexed, @toluogunlesi, @luciacholakian, @leomschwartz, @aosipovich, @apartovi, @restofworld, @bennetttomlin, @mark_dow, @firstadopter, @migueldeicaza, and @yeezuscapital
| Jez Corden / Windows Central: |
Microsoft confirms it is developing an HDMI device codenamed Keystone, that connects to any TV or monitor, and offers Xbox game streaming — The key to the cloud. — For a few years, rumors have persisted that Microsoft was exploring building some form of streaming stick …
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Gizmodo, Ars Technica, iPhone in Canada Blog, SlashGear, Redmond Pie, Liberty's Highlights, MSPoweruser, Android Authority, GameSpot, Gameranx, OnMSFT.com, PCMag, TechRadar, TheGamer, Engadget, KnowTechie, Dexerto, MacRumors, purexbox.com, BGR India, Pocket-lint, Fossbytes, Wccftech, iMore, WRAL TechWire, Silicon Republic, iDownloadBlog.com, Pureinfotech, The Verge, 9to5Mac, Video Games Chronicle, GamingBolt, Tom's Guide, MUO, IGN, TechSpot, Laptop Mag, iClarified, GameRevolution, Game Developer, Game Rant, Thurrott, Neowin, Digital Trends, XDA Developers, MobileSyrup, Windows Blog, and Slashdot
Tweets: @pms_jordan, @tomwarren, and @jezcorden
| Kashmir Hill / New York Times: |
Facial recognition service PimEyes draws scrutiny for charging high fees to help remove users' photos from sites and allowing searches for other people's faces — PimEyes is a paid service that finds photos of a person from across the internet, including some the person may not want exposed.
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CNN, Newslit Daily, The Overspill, and The Hill
| Paul Sawers / VentureBeat: |
Manta, which offers a date lineage service for companies to understand and visualize the flow of information, raises a $35M Series B led by Forestay Capital — Manta, a date lineage platform that helps enterprises understand and visualize the flow of information through the organization … | Yogita Khatri / The Block: |
Tether enters Latin America by launching the MXNT stablecoin, pegged to the Mexican peso, initially available on the Ethereum, Tron, and Polygon blockchains — Quick Take — Tether has launched a new stablecoin pegged 1:1 to the Mexican peso. — It will be initially available on Ethereum, Tron and Polygon.| Amy Lewin / Sifted: |
Report: only 15% of GPs at European VC firms are women, managing just 9% of total assets; in the UK, 13% of GPs are women, managing 5% of total assets — Across Europe as a whole, 85% of VC GPs are men. — In worse than the average in the UK, where 87% of GPs are men.| Washington Post: |
Young gunmen are using private and disappearing messages in apps like Snapchat, Instagram, Discord, and Yubo to share violent plans, evading content moderation — Private messaging apps are harder to scan for warning signs of potential violence, experts say| Agne Cimermanaite / Metaverse Post: |
Jadu, which is developing an AR game built around virtual objects owned by players in a metaverse, raises $36M led by Bain Capital Crypto — Jadu Mirrorverse — an AR game built around virtual objects owned by the players — just raised $36M to help create the Web3 “definitive AR & gaming platform …
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Jadu
| The Markup: |
An investigation finds Apple, Meta, Amazon, Google, and Microsoft have launched a coordinated campaign in 31 states against data privacy legislation since 2021 — Coordinated industry lobbying is overwhelming the scattered efforts of consumer groups and privacy-minded lawmakers
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VICE, Beyond Search, Tom Kemp's Blog, 9to5Mac, and The Mac Observer
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