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July 9, 2022, 11:50 PM
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| Lauren Feiner / CNBC: |
SEC filing: Elon Musk notified Twitter he wants to terminate the merger agreement, claiming that Twitter didn't provide the relevant business info he requested — Billionaire Elon Musk wants to end his deal to buy Twitter, according to a letter sent by a lawyer on his behalf to the company's chief legal officer Friday.
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SEC.gov, CNN, Reuters, The Verge, Reuters, The Verge, Wall Street Journal, New York Times, Washington Post, Bloomberg, Financial Times, Bloomberg, Los Angeles Times, Bloomberg, Insider, Washington Post, Ars Technica, Associated Press, NPR, The Guardian, CoinGape, Fortune, TechCrunch, Opus, Wall Street Journal, Forbes, WRAL TechWire, ValueSide, Fossbytes, Wired, Benzinga, Ethereum World News, PYMNTS.com, Global Nerdy, NBC News, City A.M., Financial Times, CoinDesk, TechSpot, Vincos Newsletter, The Crypto Basic, The Block, Gizchina, Platformer, Search Engine Journal, BGR India, United States Securities and Exchange Commission, NBC News, CNBC, BuzzFeed News, BBC, CNBC, Cointelegraph, SlashGear, Social Media Today, Bloomberg, Mercury News, Independent.ie, Reuters, The Verge, America First Report, GeekWire, Al Jazeera, TechRadar, 9to5Mac, Variety, Daily Mail, Insider, Protocol, Insider, MacRumors, Reuters, BGR, and Newser
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| Matt Levine / Bloomberg: |
Elon Musk's offer to buy Twitter likely was a joke, since he previously pretended he would take Tesla private, but he may not be able to get out of the deal — Programming note: Ugh, here we are again, huh? — Oh Elon — I think it is helpful to start with the big picture.
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| Axios: |
Twitter board chair Bret Taylor says the company plans to pursue legal action to enforce the deal and is committed to closing on the agreed upon price and terms — Elon Musk is bailing on his $44 billion agreement to buy Twitter, claiming that the social media company hasn't met its contractual obligations …
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New York Times, The Verge, Wiretapped, TechCircle, Neowin, BetaNews, Android Police, CNET, BGR, Forbes, Daring Fireball, Sammy Fans, and Financial Times
Tweets: @matt_levine, @rmfifthcircuit, @popehat, @davidmackau, @paulg, @peachierad, @wolfejosh, @originalspin, @jsnover, @alexeheath, @albernstein, @om, @davewiner, @kurtwagner8, @tomgara, @reckless, @rmac18, @carnage4life, @profgalloway, @kevinmarks, @liz_franczak, @tsuvik, @laurenshirsch, @hblodget, @evleaks, and @davidgura
| The Verge: |
In an internal memo, Twitter's general counsel says employees should “refrain from tweeting, Slacking, or sharing any commentary about the merger agreement” — The company says it's suing Musk for trying to back out — Following Elon Musk's notice to Twitter that he wants … | Kellen Browning / New York Times: |
A look at the quirky geography game GeoGuessr, in which the world's best players can pinpoint in seconds where a Google Street View image has been taken — In a game called GeoGuessr, competitors try to pinpoint where in the world a Google Street View image has been taken. Some can do it in seconds.
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Pixel Envy and Slashdot
Tweets: @bmcclendon, @drfran, @rmac18, @abusulayman, @nytimesbusiness, @scottnover, @paragkhanna, and @sethamandel
| Viola Zhou / Rest of World: |
Africa-based Chinese influencers who post racist videos about Africans on apps like Douyin and Kuaishou made fortunes from China's livestream shopping industry — “Chinese people love watching how other places are not as good as China.” — On the afternoon of May 24, a beauty pageant took place at an apartment in Kitwe, Zambia.| Wall Street Journal: |
Sources: Google has proposed splitting parts of its ad-tech business into a separate entity under Alphabet, to head off a possible US antitrust lawsuit — Tech giant's offers stop short of the asset sales preferred by Justice Department antitrust enforcers
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CNET, The Economic Times, Marketing Dive, Ars Technica, The Verge, Adweek, Android Police, Barron's Online, SiliconANGLE, Search Engine Land, PYMNTS.com, CNBC, Bloomberg, and Thurrott
Tweets: @larakiara, @dinasrinivasan, @samfbiddle, @swodinsky, @reaganbrad, @sachalouise, @jamesvgrimaldi, @tnarecha, @jason_kint, @loughlin, @jamespmcleod, @stevekovach, and @amir
| Kate Clark / The Information: |
As tech stocks fall, Andreessen Horowitz, Sequoia, GGV, and other VC firms are buying publicly traded stocks of companies whose prospects they deem to be strong — Plunging shares of tech stocks have prompted venture capital firms to take an unusual step: buying publicly traded stocks.| Vincent Manancourt / Politico: |
Despite many of CJEU's rulings saying mass surveillance is banned in the EU, member states have been exploiting loopholes in them to collect and keep the data — Jack Murphy* was suspicious. His ex-girlfriend, Eve Doherty, seemed to know a lot about who he was calling. — His suspicions were merited.| Devin Coldewey / TechCrunch: |
Joe Biden issues an EO asking the FTC and other agencies to examine and reinforce protections for reproductive health and other sensitive health-related data — An executive order signed by President Biden places the White House's weight firmly behind states where access to abortion is guaranteed …
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The White House, The Verge, Politico, inforisktoday.com, Federal Computer Week, and Engadget
Tweets: @repbarragan and @zackwhittaker
| Lucas Ropek / Gizmodo: |
An interview with NIST mathematician Dustin Moody on the agency's recently selected “quantum-resistant” encryption algorithms — The NIST's “quantum-resistant” encryption standards, picked via contest, were designed to keep everybody one step ahead of hacking by quantum computers.
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Q-munity, The Cloudflare Blog, Wired, The Polymath Professional …, and eSecurityPlanet
Tweets: @wcathcart, @wired, @hadip, and @gadgetlab
| Michael Kan / PCMag: |
The US DOJ indicts a Florida man for allegedly importing $1B worth of counterfeit Cisco equipment from China and Hong Kong, and selling it on Amazon and eBay — Onur Aksoy allegedly imported thousands of fake Cisco networking devices from China. … A Miami-based CEO has been arrested …
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U.S. Department of Justice, U.S. Department of Justice, inforisktoday.com, BleepingComputer, and The Register
Tweets: @niubi, @snmishra, @plantealex, @davemcclure, and @kriskoeller
| The Verge: |
Rogers experienced an 18+ hour outage on Friday, affecting internet and phone services, including 911 calls, in parts of Canada — Home internet and wireless connections are coming back, but 18 hours later, there's still no ETA for full restoration. — Canadian telecom Rogers is suffering … Sponsor Posts
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CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
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