Techmeme
May 3, 2022, 7:40 AM

Top News

Reuters:
Sources: Elon Musk asked investment firms and wealthy individuals for more Twitter financing and investors like Jack Dorsey to roll their stakes into the deal  —  Elon Musk is in talks with large investment firms and high net-worth individuals about taking on more financing for his $44 billion acquisition …
Sarah Frier / Bloomberg:
In a filing, Twitter says Elon Musk's bid could make it difficult to attract and retain key employees, decrease productivity, and halt changes to its business  —  Twitter Inc.'s $44 billion deal to be acquired by Elon Musk means it risks losing advertisers and employees, who may be concerned about the company's uncertain future.
Matt Levine / Bloomberg:
Ashley Carman / Bloomberg:
Facebook plans to stop letting users add podcasts to the service this week, start removing them on June 3, and discontinue Soundbites and its central audio hub  —  Facebook is pulling out of podcasts and plans to remove them altogether from the social-media service starting June 3.
Wall Street Journal:
The SEC plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, created in 2017 to monitor crypto fraud, taking it to 50 personnel  —  Agency to add 20 staffers to help tighten scrutiny of unregulated $1.7 trillion cryptocurrency market
Bloomberg:
Sources: PayPal and others made informal complaints about Apple's NFC restrictions to the European Commission, spurring the EU's formal antitrust complaint  —  PayPal Holdings Inc. helped spur a formal antitrust complaint against Apple Inc. and its iPhone payments system by raising concerns …
Jules Wang / Android Police:
Telegram's latest iOS beta includes exclusive reaction emoji and stickers for Telegram Premium subscribers, a sign of the company's plans to monetize messaging  —  It looks like the app is getting ready to make money off of you  —  For as robust of a messaging app as it is, Telegram does need to make money.
The Information:
Roadmap: Meta plans four VR headsets by 2024; source says high-end MR headset Cambria, once set for 2021, could debut in September before its successor in 2024  —  Meta Platforms is planning to release four virtual reality headsets between now and 2024, according to an internal road map viewed by The Information.
Blake Brittain / Reuters:
In a lawsuit, Apple alleges SoC startup Rivos stole trade secrets after poaching 40+ engineers and that at least two took gigabytes of confidential information  —  (Reuters) - Technology startup Rivos Inc allegedly stole Apple Inc's computer-chip trade secrets after poaching its engineers …
Financial Times:
Sources: the UK has shelved plans to empower the CMA's digital markets unit, announced in 2020, hampering its ability to set rules and impose fines  —  Government not expected to include legislation to beef up CMA's digital markets unit in Queen's Speech  —  The UK is poised to shelve plans …
Andrew Liszewski / Gizmodo:
Amazon plans to support the popular EPUB ebook format via the Send to Kindle feature in late 2022, and drop support for the MOBI and AZW formats  —  The Send to Kindle system will automatically convert EPUB files to the Kindle's proprietary ebook format.  —  Alerts

Sponsor Posts

Airtable:
Meet Airtable ProductCentral  —  The unified solution for managing your entire product development process in the AI era.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Zoho Forms for successful Black Friday sales  —  Black Friday is a retail frenzy that can significantly impact your bottom line.  To make the most of this shopping bonanza, you need a strategy that not only attracts customers …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Tue 11/05 - Apple: Maybe Smartglasses Are The Way To Go
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:40 AM ET, May 3, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Shaurya Malwa / CoinDesk:

Earlier Picks

Manish Singh / TechCrunch:
Nicole Wetsman / The Verge:
Danny Nelson / CoinDesk: