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May 23, 2022, 2:55 AM
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memeorandum
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| Bloomberg: |
Sources: Broadcom is in talks to acquire VMware, which has a ~$40B market cap; the discussions are ongoing and there's no guarantee they will lead to a purchase — Broadcom Inc. is in talks to acquire cloud-computing company VMware Inc., according to people familiar with the matter …
More:
Reuters, Wall Street Journal, iTnews, The Register, New York Times, SiliconANGLE, and Financial Times
| Cagan Koc / Bloomberg: |
European Central Bank President Christine Lagarde says crypto “should be regulated” to deter people from speculating on assets that are “based on nothing” — European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” …
More:
Politico, Ethereum World News, Crowdfund Insider, PCMag, Bitcoinist.com, The Block, Cryptopolitan, Finbold, and Crypto Daily
Tweets: @m_ernest_, @mhiesboeck, @bronwynwilliams, @gladstein, @erikvoorhees, @andrewcarrier, and @c_barraud
| Dan Milmo / The Guardian: |
YouTube takes down 70K+ videos and 9K+ channels about the war in Ukraine for violating content guidelines, including videos referring to a “liberation mission” — Exclusive: Platform takes ‘unprecedented action’ to address content guideline violations since invasion
More:
Engadget. Tweets: @dewaleadesanya, @lezluthor, @spencerguard, @dimitrilascaris, @timothyjgraham, and @theanonleaks
| Sean Hollister / The Verge: |
Hands-on with Apple's Self-Service Repair kit to swap iPhone batteries: users rent 79 pounds of tools including a heat station for a seven-day $1,200 card hold — Apple must be joking. — That's how I felt again and again as I jumped through hoop after ridiculous hoop to replace the battery in my iPhone Mini.
More:
TechSpot. Tweets: @danielpunkass, @davezarzycki, @danielpunkass, @doctorow, @mikahsargent, @danielpunkass, @lukemiani, @mikahsargent, @snazzyq, @gma, @andreif7, @chucker, @slightlylate, @menditaussie, @mikahsargent, @jjvincent, @mikahsargent, @medus4_cdc, @carlhancock, @fredbenenson, @rjunkapoor, @starfire2258, and @vectorpoem
| Lily Hay Newman / Wired: |
Google details three campaigns that used Predator spyware, developed by North Macedonian company Cytrox and exploited five Android vulnerabilities found in 2021 — New research from Google's Threat Analysis Group outlines the risks Android users face from the surveillance-for-hire industry.
Source:
The Keyword. More:
BleepingComputer, PCMag, TechRepublic, and The Hacker News
Tweets: @jsrailton, @wired, @shanehuntley, @iethics, @iethics, @g_katsambekis, and @campuscodi
| Reuters: |
Paytm's parent One 97, whose share price is down 57% in 2022, reports Q4 revenue up 89% YoY to ~$200M and a net loss up 72% YoY to ~$98M due to higher expenses — India's One 97 Communications Ltd (PAYT.NS), the parent of fintech firm Paytm, on Friday reported a wider fourth-quarter loss due …
Source:
BSE. More:
Outlook, Livemint, The Hindu BusinessLine, Moneycontrol, YourStory.com, The Economic Times, Bloomberg, and Inc42 Media
| Wall Street Journal: |
Analysis: 46 wallets bought a combined $17.3M worth of tokens that were listed shortly after on Coinbase, Binance, and FTX, and sold to make $1.7M+ in profit — Anonymous wallets buy up tokens right before they are listed and sell shortly afterward — Public data suggests …
More:
Cryptopolitan, Ethereum World News, and Protos
Tweets: @anthony, @cz_binance, @silvermanjacob, @wublockchain, @epro, @aaschapiro, @smdiehl, @wallstcynic, @masonic_tweets, @sundeep, @keitholbermann, @johngcole, @ben_mckenzie, @ceostroff, @arlogilbert, @dgisserious, @gladstein, @malwarejake, @rickanderson, @mpelletiercio, @carnage4life, @hkanji, @benedictevans, @carnage4life, and @epsilontheory
| Aditya Kalra / Reuters: |
General Atlantic plans to invest $2B in India and Southeast Asia over the next two years, and is currently in early-stage funding talks with ~15 startups — Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years … | Yang Jie / Wall Street Journal: |
Sources: Apple told some suppliers that it wants to boost production outside China, such as in India and Vietnam, citing Beijing's strict anti-COVID-19 policy — iPhone maker tells suppliers it wants to manufacture more in India and Southeast Asia — TOKYO—Apple Inc. AAPL 0.17%▲ …
More:
9to5Mac, Inc42 Media, PhoneArena, Reuters, Business Standard, The Hindu BusinessLine, Deccan Herald, The Signal, Quartz, Forbes, Barron's Online, Telegraph India, NEWS.am, Benzinga, iPhone in Canada Blog, chinatechnews.com, CNET, Insider, AppleInsider, Philip Elmer‑DeWitt, and The Daily Fishwrap
Tweets: @elerianm, @jchengwsj, @yaqiu, @tenam, @kubota_yoko, @rmantri, @jessefelder, @aapltree, @gerryshih, @shortl2021, @paragkhanna, @julianku, @blogguero, @rupasubramanya, @ericowensdc, and @alessiourban
| Rita Liao / TechCrunch: |
Singapore-based BUD, which offers a metaverse for Gen Z consumers and plans to launch an NFT marketplace, raises a $36.8M Series B led by Sequoia Capital India — BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months.
More:
Tech in Asia
| Rebecca Fannin / CNBC: |
A look at the autonomous vehicle industry, as CB Insights says equity funding for startups developing autonomous vehicles passed $12B in 2021, up 50%+ YoY — - Despite its promise, a future full of autonomous vehicles still seems like a distant fantasy. — But tech giants, automakers …
Tweets: @nbcbayarea
| Chris J. Preimesberger / VentureBeat: |
Toronto-based Forma.ai, which helps companies manage and optimize sales compensation plans, raises a $45M Series B led by ACME Capital — Could AI help motivate sales teams with creative incentives? Forma AI, a Toronto-based sales performance management (SPM) solution provider, says yes.
More:
Canada NewsWire Group, Forma, and FinSMEs
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