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October 5, 2022, 8:50 AM
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memeorandum
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| Ed Hammond / Bloomberg: |
SEC filing: in a letter to Twitter, Elon Musk revives his original bid for $54.20 per share, aiming to avoid a courtroom fight; Twitter's stock rises 20%+ — Elon Musk is proposing to buy Twitter Inc. for the original offer price of $54.20 a share, Bloomberg News reports.Musk made the proposal …
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U.S. Securities …, Bloomberg, Washington Post, Platformer, New York Times, Wall Street Journal, CNBC, Insider, The Verge, Financial Times, NBC News, Techdirt, iThinkDifferent, Fortune, The Guardian, TechSpot, Android Headlines, Wccftech, ExchangeWire.com, Coinspeaker, International Business Times, Livemint, Slate, TechCircle, BRIGHT, Reuters, TheGamer, Forbes, New York Post, PhoneArena, CryptoPotato, The Economic Times, Cointelegraph, Pirate Wires, TechCrunch, Social Media Today, USA Today, NPR, Crypto Adventure, and Cryptonews
Tweets: @twitterir, @oneunderscore__, @laurenshirsch, @sarahjeong, @ruchowdh, @mattyglesias, @willoremus, @chancery_daily, @caseynewton, @danprimack, @karaswisher, @oneunderscore__, @kaileyleinz, @5_min_macro, @bondhack, @thestalwart, @carnage4life, @moskov, @oneunderscore__, @caseynewton, @oneunderscore__, @dkthomp, @oneunderscore__, @oneunderscore__, @mgsiegler, @ruthbenghiat, @deitaone, @teroterotero, @caseynewton, @ratemyskyperoom, @donie, @therealjuicyj, @migueldeicaza, @oneunderscore__, @pearkes, @kantrowitz, @ryback, @donie, @brianboland, @pkafka, @zoeschiffer, @eliothiggins, @mims, @timobrien, @sarahfrier, @chancery_daily, @kateconger, @sherman4949, @danprimack, @chancery_daily, @alexjamesfitz, @stevekovach, @rmac18, @apompliano, @oneunderscore__, @davepell, @apmassaro3, @jsrailton, @litcapital, @malwaretechblog, @jtemple, @renato_mariotti, @actbrigitte, @danprimack, @karaswisher, @jyarow, @byjacobward, @dsilverman, @mmasnick, @danprimack, @teroterotero, @liron, @kifleswing, @zerohedge, @jessicalessin, @alexeheath, @nycsouthpaw, @jyarow, @nycsouthpaw, @gaberivera, @nixcraft, @matt_levine, @broderick, @matt_levine, @kantrowitz, @star_okx, @lukezim, @sherwiebp, @kurtwagner8, @kurtwagner8, @zerohedge, @patrickmcgee_, and @ivanthek
| Jeremy C. Owens / MarketWatch: |
Elon Musk claims that buying Twitter “is an accelerant to creating X, the everything app”; in August 2022, Musk teased launching X.com as a social media site — Entrepreneur's first big hit was with X.com, an online bank that was acquired by PayPal; he re-acquired the rights …
Source:
@elonmusk. More:
Bloomberg, CNN, Insider, BBC, Finbold, Light Reading, Silicon Republic, CNBC, Telecoms.com, crypto.news, Coinspeaker, Barron's Online, Los Angeles Times, The Lay of the Land, Tech Xplore, Pocket-lint, TheStreet, Robert Reich, and Sky News
| Kevin Roose / New York Times: |
A look at possible outcomes for Twitter under Elon Musk: firing Parag Agrawal, revolts by employees, bringing back Donald Trump, adding new features, and more — His deal to buy the company is back on. Here are six predictions about Twitter under Musk's control, if it happens. — Buckle up.
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The Verge, Washington Post, Bloomberg, Columbia Journalism Review, Axios, and Politico
Tweets: @donie, @jaycaruso, and @carnage4life
| Bloomberg: |
Elon Musk's revived $44B Twitter acquisition could rely on $12.5B from banks at a time when offloading risky debt is difficult, potentially leading to losses — Elon Musk's shock proposal to proceed with his acquisition of Twitter Inc. for the original offer price poses a headache …
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Protocol, Fortune, New York Times, CNBC, Bloomberg, Financial Times, and Reuters
| Axios: |
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Livemint, Bloomberg, The Verge, Reuters, Financial Times, WRAL TechWire, Wired, and Financial Times
Tweets: @patrickw, @adammilstein, @reckless, @theryanford, and @reckless
| Mariella Moon / Engadget: |
Blizzard President Mike Ybarra says Overwatch 2 is “experiencing a mass DDoS attack” on its servers, preventing hundreds of users from joining the game's launch — Overwatch 2's early access launch has been marred by a few bugs and a massive DDoS attack preventing players from getting into the game.
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Overwatch Forums, Bloomberg, Eurogamer.net, Video Games Chronicle, GamesIndustry.biz, TechRadar, Destructoid, TrueAchievements, The Verge, Twinfinite, Wccftech, Dexerto, Forbes, GamingBolt, Game Rant, Gameranx, L4K3 NEWS 📰, Gamereactor UK, Dot Esports, Pure Xbox, Kotaku, Stevivor, Rock, Paper, Shotgun, GameRevolution, and Digital Trends
Tweets: @qwik, @aaronkellerow, @homiehotdog, @althistoryhub, @prorebornyt, @zweverigow, @tomwarren, and @lululuvely
| Wall Street Journal: |
A report from Chess.com alleges widespread cheating in 100+ online games by Hans Moke Niemann, who was accused of cheating by champion Magnus Carlsen — An internal report reviewed by The Wall Street Journal alleges a previously unknown pattern of likely widespread cheating by Hans Moke Niemann …
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The Guardian, Chess.com, The Overspill, Kotaku, Gizmodo, Dexerto, and New York Post
| Cheng Ting-Fang / Nikkei Asia: |
Sources: in a first, Apple asks suppliers to move some AirPods and Beats production to India as early as 2023; some AirPods are already made in Vietnam — iPhone maker taps South Asian nation again in push to diversify from China — TAIPEI — Apple is asking suppliers to move some AirPods …
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Philip Elmer‑DeWitt, 9to5Mac, AppleInsider, The Economic Times, iMore, BGR, Tech in Asia, Livemint, Inc42 Media, Reuters, BGR India, and Times of India
| Kirsten Korosec / TechCrunch: |
Tesla plans to remove ultrasonic sensors from some new Model 3 and Y cars this month and Model S and X cars in 2023 in favor of camera and software assistance — Tesla is removing ultrasonic sensors from Model 3 and Model Y vehicles, the next step in CEO Elon Musk's plan to only use cameras …
More:
Tesla, The Verge, Drive Tesla, Electrek, and Reuters
Tweets: @dirtytesla, @macheauto, @wholemarsblog, @wholemarsblog, @katharineberry, @_mm85, and @jstogdill
| Associated Press: |
A US judge sentences Capital One hacker Paige Thompson, who accessed data on over 100M people, to five years of probation; DOJ says it is “very disappointed” — A former Seattle tech worker convicted of several charges related to a massive hack of Capital One bank and other companies …
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The Register, The Seattle Times, and U.S. Department of Justice
| Ken Sweet / Associated Press: |
A report by Senator Warren's office: fraud and scams are occurring more often on P2P payments app Zelle, with banks only reimbursing ~47% of defrauded customers — Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according …
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U.S. Senator Elizabeth Warren … and PYMNTS.com
| Paige Tortorelli / CNBC: |
Celsius co-founder and chief strategy officer S. Daniel Leon resigns a week after CEO Alex Mashinsky; Global Tax Director Lior Koren will assume the CSO role — - S. Daniel Leon, co-founder and strategy chief of bankrupt crypto lending platform Celsius, has stepped down, according to an internal email.
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Bloomberg, Blockworks, Decrypt, Crypto Daily, CoinDesk, CryptoPotato, crypto.news, Blockchain News, Forkast, Coinspeaker, Cointelegraph, and Ethereum World News. Thanks:@mattrosoff
| Suzanne Smalley / CyberScoop: |
A CISA report finds multiple government hacking groups kept “long-term” access to a US military contractor's network via the open-source Python toolkit Impacket — U.S. cybersecurity, law enforcement and intelligence officials revealed on Tuesday that sophisticated hackers infiltrated …
More:
CISA, The Hacker News, and BleepingComputer
| Caitlin Huston / The Hollywood Reporter: |
Meta plans to shut down its newsletter subscription service Bulletin by early 2023; the Substack competitor launched in January 2021 and now has 120+ writers — The social media company plans to bring more content back to the Facebook platform directly. — Meta will be shutting down Bulletin …
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New York Times, The Economic Times, Social Media Today, and PYMNTS.com
Tweets: @katie_robertson, @hamishmckenzie, @broderick, @thejasonkirk, @kantrowitz, @walthickey, @bgrueskin, @film_girl, @mgsiegler, @drvolts, @om, @rafat, @readdanwrite, @hunterwalk, @pkedrosky, @benedictevans, @ericdharvey, @bmorrissey, @caseynewton, @caseynewton, @thrasherxy, @thekenyeung, @donie, @dannygroner, @bendreyfuss, and @sarahscire
| Brendan Sinclair / GamesIndustry.biz: |
An interview with Unity CEO John Riccitiello on its game engine's future, merging with ironSource, monetization vs. creation, falling stock price, and more — With an IronSource deal pending, CEO John Riccitiello talks about the future of Unity, its history of losses, and buying back stock in the wake of layoffs
Tweets: @gibiz, @petermoorelfc, @chrisbergman, and @firstadopter
| Steve Dent / Engadget: |
Meta details updates to the Facebook Feed to let users increase or decrease posts from friends, Groups, and Pages, helping improve Meta's AI-based ranking — With profits shrinking of late, Facebook has been shutting down unpopular apps and focusing on its core services.| Brady Dale / Axios: |
A look at “Crypto Twitter”, which acts as a town hall where traders, investors, scammers, content creators, founders, and others connect, do business, and relax — Twitter is different for crypto than it is for other areas of interest. To a certain extent …
Tweets: @cryptofung, @milesdeutscher, @jordanlyall, and @grady_booch
| Stuart A. Thompson / New York Times: |
LA County arrests election software maker Konnech's CEO Eugene Yu over the alleged theft of data on poll workers and says some data was found stored in China — The executive, Eugene Yu, and his firm, Konnech, have been a focus of attention among election deniers.| Jennifer Pattison Tuohy / The Verge: |
The Connectivity Standards Alliance launches the Matter 1.0 smart home standard and its certification program; Matter devices may be sold as soon as this month — The smart home standard is open for certification at last. We could see Matter devices in our homes as soon as this month.
More:
CSA-IOT, MacRumors, The Keyword, ZDNet, Silicon Republic, T3, The Ambient, Voicebot.ai, Stacey on IoT, Internet of Things News, Wired, and GreenBot
Tweets: @ubuntu, @bfrancis, @hotdogsladies, @gigastacey, @csaiot, and @jp2e
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