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May 12, 2023, 9:30 PM
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| Lillian Rizzo / CNBC: |
Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter's CEO, to focus on business operations; Musk will focus on “product design & new technology” — - Former NBCUniversal advertising chief Linda Yaccarino will be Twitter's next CEO.
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LinkedIn:
Evan Shapiro, Sara Fischer, and Shelly DeMotte Kramer. Mastodon:
@Noupside@saturation.social
Tweets:
@dylanbyers, @shayan86, @semaforben, @benmullin, @goldman, @karaswisher, @elonmusk, @loupas, @goldman, @maxberger, @richlightshed, @sarafischer, @pkafka, @maxberger, @wexler, @maxberger, @moorehn, @rmac18, @alexeheath, @naturallyftw, @zsk, @garyblack00, @berniespofforth, @steinkobbe, @pkafka, @jigolden, @stoolpresidente, @pkafka, @leokelion, @eden_holdings, @brooke, @nycsouthpaw, @nkulw, @steinkobbe, @maxberger, @pkafka, @sawyermerritt, @neilcybart, @danprimack, @shawn_farash, @karlbode, @caulfieldtim, @benswann_, @yashar, @mollyjongfast, @justin_hart, @kellblog, @teroterotero, @lifebiomedguru, @adhutchinson, @jakewilkns, @alexberenson, @daveleebbg, @jbflint, @galenward, @gavinpurcell, @ashleygjovik, @tom_winter, @alexeheath, @kerrymflynn, @teroterotero, @sarafischer, @jtoonkel, @mattgertz, @teroterotero, @erinbiba, @karaswisher, @danprimack, @justinbaragona, @rmac18, @dr_nickiw, @om, @kerrymflynn, @maxberger, @ashtonpittman, and @teroterotero
| Washington Post: |
A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets — Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation.
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@hopeking, @scottmonty, @aishacounts, @shannonjoyradio, and @carlquintanilla
| New York Times: |
A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals' content and gave the CCP “supreme access” — The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content …
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Insider, Bloomberg, Axios, Associated Press, Engadget, The Hollywood Reporter, and Neowin
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@jacobhelberg, @paulg, @sarthakgh, @matt_schrader_, @matthewstoller, @karissabe, @niubi, and @mattnavarra
| Tracy Wang / CoinDesk: |
Binance announces its exit from Canada, saying the country's “new guidance related to stablecoins and investor limits” makes the market “no longer tenable” — The world's largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.
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The Block, Reuters, Bloomberg, The Information, The Block, iPhone in Canada Blog, Tech Startups, Ethereum World News, Cointelegraph, Fortune, crypto.news, Watcher Guru, Bitcoinist.com, CoinJournal, Cryptonews, Canadian Press, CryptoSlate, and The Logic
Tweets:
@binance, @tradermayne, @bitfinexed, and @jp_koning
| Bloomberg: |
Oppo closes its chip design unit Zeku due to global economic uncertainty; Zeku developed the MariSilicon X image-processing chip used in Oppo's flagship devices — Oppo, China's biggest domestic smartphone maker, is closing its chip design business as the global smartphone market extends a prolonged decline.
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Tweets:
@tech_reve, @iancutress, @mytechmusings, @jeff4malaysia, @edourdoo, @edourdoo, @nbdpress, and @edourdoo
| Reuters: |
Toyota says the vehicle data of 2.15M users in Japan, or almost all of its cloud service customers, has been public since November 2013, due to a human error — Toyota Motor Corp (7203.T) said on Friday the vehicle data of 2.15 million users in Japan, or almost the entire customer base … | Ben Schoon / 9to5Google: |
Google Bard is now available in 180 countries but not in the EU or Canada; Google says the chatbot will be made available “consistent with local regulations” — Yesterday at Google I/O 2023, it was announced that Google Bard would be undergoing a massive expansion, bringing the AI chatbot experiment to 180 countries.
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Ars Technica, Decrypt, Android Authority, BigTechWire, Android Central, PCMag, WinBuzzer, OnMSFT.com, Phandroid, Gizchina, TNW, Neowin, and iPhone in Canada Blog
Tweets:
@martinsfp, @peter_szilagyi, @willrinehart, and @mictuc
| Echo Wang / Reuters: |
Sources: e-commerce marketing platform Klaviyo confidentially files for a US IPO; source: the firm seeks to raise $750M+; Klaviyo was valued at ~$9.5B in 2021 — Data and marketing automation firm Klaviyo Inc confidentially submitted paperwork on Friday with U.S. regulators for an initial public offering … | Kirsten Korosec / TechCrunch: |
Autonomous delivery startup Nuro will lay off 30% of its workforce, or ~340 people, as part of a restructuring; Nuro laid off 20% of its staff in November 2022 — Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees, across the company as part of a restructuring meant to extend its capital runway.
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Engadget
| Rosie Perper / CoinDesk: |
NYC-based Tessera, the collective NFT ownership and governance service that launched as Fractional with $20M from Paradigm and others, plans to shut down — Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.”
More:
The Information, nft now, and The Block
Tweets:
@andy8052, @smaroo, @pauly0x, @deeze, @gfunkera86, @jubbishjay, and @charlesarthur
| Nilesh Christopher / Rest of World: |
Current and former employees say Foxconn has hired ~10K contract workers in Chennai, India, since November 2022, paying between ~$190 and ~$225 per month — Every Saturday, a clutch of engineering colleges in south India turn into venues for walk-in interviews for Apple contract manufacturers.
Tweets:
@tarykuh, @the_bongrel, and @nilchristopher
| Sarah Scire / Nieman Lab: |
A look at The Athletic's live audio rooms, a Twitter Spaces-like feature in the outlet's app for beat reporters to have postgame conversations with subscribers — The Athletic's first live room took place in September 2021. By January 2022, they'd done 100. Today, they're closing in on 1,000.
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Business Wire
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| Jack Schickler / CoinDesk: |