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May 25, 2022, 7:10 PM
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| Dan Primack / Axios: |
Jack Dorsey leaves Twitter's board of directors, effective today; Dorsey has discussed rolling over his 2.4% Twitter stake into Elon Musk's takeover deal — Jack Dorsey is leaving the board of Twitter, effective today. The move had been telegraphed last fall, when he stepped down as the social media company's CEO.
More:
TechCrunch, Protocol, 9to5Mac, Gizmodo, MobileSyrup, Social Media Today, Puck, The Block, SlashGear, iMore, Daily Mail, iPhone in Canada Blog, Fortune, and Mashable
Tweets: @jackmurphylive, @davetroy, and @rustybrick
| CNBC: |
Filing: Elon Musk plans to provide an additional $6.25B in equity financing for his Twitter buyout, boosting his commitment to $33.5B; Twitter's stock jumps 7%+ — A new filing reveals that Elon Musk plans to front $33.5 billion in his bid to take over Twitter.
More:
SEC.gov, TechCrunch, The Verge, Wall Street Journal, Bloomberg, Protocol, Benzinga, Financial Times, and Forbes
Tweets: @sherman4949, @saysdana, and @teddyschleifer
| Lawrence Abrams / BleepingComputer: |
DuckDuckGo confirms a researcher's findings that its browser allows some Microsoft trackers on third-party sites, citing a Microsoft search content agreement — The privacy-focused DuckDuckGo browser purposely allows Microsoft trackers on third-party sites due to an agreement …
Source:
@thezedwards and @yegg. More:
The Register, 9to5Mac, PCMag, Android Police, Нов …, SiliconANGLE, TechRadar, Beyond Search, SlashGear, iPhone in Canada Blog, HackRead, The Mac Observer, gHacks Technology News, Thurrott, Tom Merritt Tech Newsletter, and Fossbytes
Tweets: @shivan_kaul, @thezedwards, @yegg, @yegg, @henkvaness, @samfbiddle, @rstephens, @thezedwards, @thezedwards, @henkvaness, @yegg, @yegg, @yegg, @stammy, @pixeldetracking, @richontech, @thezedwards, @thezedwards, @samfbiddle, @thezedwards, @j_opdenakker, @henkvaness, @yoda, @yegg, @sethforprivacy, @privacymatters, and @evacide
| Hannah Murphy / Financial Times: |
Andreessen Horowitz announces a $4.5B crypto fund, its fourth and largest so far, allocating about $1.5B for seed investments and $3B for venture investments — Venture capital group launches its largest fund to date focused on digital assets despite market downturn
Source:
a16z crypto. More:
CNBC, CoinDesk, Decrypt, The Block, Axios, The Daily Hodl, ZyCrypto, Reuters, VICE, TechCrunch, CoinJournal, CoinGape, CoinDesk, Cointelegraph, Coinspeaker, Newslit Daily, Crypto Daily, San Francisco Business Journal, Crowdfund Insider, CryptoSlate, SiliconANGLE, Bloomberg, Silicon Republic, Protocol, Finbold, and Waivly
Tweets: @ariannasimpson, @iankar_, @cryptoethan, @janehk, @therealjpk, @phoenix_ash3s, @ariannasimpson, @nischalshetty, @telcoinpaul, @joonian, @jimpethokoukis, @andrewchen, @ftx_access, @tsuvik, @faresben_eth, @fintechfrank, @taigxrp, @benedictevans, @smc90, @0xfoobar, @ahcastor, @sytaylor, @sarthakgh, @rahulsood, @silvermanjacob, @yoda, @austin_federa, @scottmelker, @cryptomanran, @mdudas, @kr00ney, @packym, and @silvermanjacob
| Diane Bartz / Reuters: |
Twitter agrees to pay $150M to the FTC, settling allegations that it misrepresented the “security and privacy” of user data between May 2013 and September 2019 — Twitter Inc (TWTR.N) has settled with U.S. authorities over allegations it misrepresented the “security and privacy” …
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Federal Trade Commission, BleepingComputer, Twitter, NPR, Federal Trade Commission, U.S. Department of Justice, Protocol, New York Times, The Verge, Engadget, TechCrunch, and Variety
Tweets: @can, @ewa_jodlowska, @wbm312, @b_fung, and @profcarroll
| Lauren Kaori Gurley / VICE: |
Leaked video: Apple SVP of Retail + People Deirdre O'Brien tells employees that joining a union would make it harder for Apple to improve working conditions — In an internal video circulated among Apple's 58,000 retail employees, Apple's vice-president of retail suggested that a union …
More:
The Verge, Bloomberg, Bloomberg Law, Insider, Engadget, TechCrunch, 9to5Mac, MacRumors, CNBC, AppleInsider, iPhone in Canada Blog, MacDailyNews, iMore, and iClarified
Tweets: @lordravenscraft, @laurenkgurley, @ns0n, @mclendaniel, @david_moscrop, @zoeschiffer, @somospostpc, @alex, @markgurman, @ranimolla, @newsynick, and @mjh_txt
| Sarah Emerson / BuzzFeed News: |
After actor and producer Seth Green lost four NFTs to a phishing scam, his show based on his stolen Bored Ape NFT is in doubt; OpenSea says it froze the NFTs — Actor and producer Seth Green was robbed of several NFTs this month after succumbing to a phishing scam that inadvertently threw …
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PYMNTS.com, Bloomberg, Politico, Kotaku, Krypto Oppsummering, Medallion XLN's Newsletter, BivNFT ⚓, Coinspeaker, TheGamer, IGN, Protocol, Cryptonews, The Overspill, and Cointelegraph
Tweets: @morebuttertv, @sethgreen, @sethgreen, @neerajka, @sarahnemerson, @prestonjbyrne, @foldablehuman, @foldablehuman, @thedextriarchy, @reckless, @sethgreen, @nydoorman, @chhopsky, @samfbiddle, @foldablehuman, @foldablehuman, @matt_levine, @anthony, @rjcc, @dyllyp, @matt_levine, @mmasnick, @pt, @alexhern, @dcwoodruff, @brndnstrssng, @evanmcmurry, @jaredlholt, @oomfmagazine, @dril, @paperghost, @taylorlorenz, @mmasnick, @cwarzel, @ahcastor, @flglmn, @nycsouthpaw, @matt_levine, and @matt_levine
| Nathan Ingraham / Engadget: |
Encrypted email service ProtonMail rebrands itself as Proton, and unifies its calendar, storage, and VPN products under Free, Mail Plus, and Unlimited plans — For the privacy-minded, ProtonMail has been one of the better options for secure email — you can get an (admittedly basic) …
More:
Proton, Wired, PCMag, Android Police, TechSpot, 9to5Mac, MacRumors, iPhone in Canada Blog, and TechRadar
Tweets: @sethforprivacy and @protonmail
| Gabrielle Coppola / Bloomberg: |
Luminar hires CJ Moore, a manager on Apple's car project who joined in August 2021 from Tesla where he was an Autopilot director, to lead software development — Luminar Technologies Inc. said it hired CJ Moore, a manager on Apple Inc.'s car project and a former director for Autopilot projects …
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Luminar, Ars Technica, Investing.com, Jalopnik, The Verge, 9to5Mac, iPhone in Canada Blog, MacRumors, Redmond Pie, iMore, AppleInsider, and Barron's Online
Tweets: @markgurman, @markgurman, @tailosivetech, @jotrader4, and @sawyermerritt
| Aisha Malik / TechCrunch: |
Google starts rolling out ads in YouTube Shorts globally and says advertisers will be able to make their video ads on Shorts more shoppable later in 2022 — Google is starting to gradually roll out ads in YouTube Shorts around the world, the company announced at its Marketing Live event this week.| Vishal Chawla / The Block: |
Do Kwon's proposal to relaunch the Terra blockchain passes with 65.5% of the governance vote; Terra 2.0 is set to go live on Friday without the UST stablecoin — Quick Take — Do Kwon's proposal to relaunch the Terra blockchain has passed. — In total, 65.5% of votes supported the proposal.
More:
Bloomberg, CoinDesk, Blockworks, Terra Research Forum, Bloomberg, Bitcoinist.com, CNBC, The Guardian, ZyCrypto, Ethereum World News, Protocol, and CoinQuora
Tweets: @binance, @wublockchain, @silvermanjacob, @edzitron, @route2fi, @caseynewton, @peterrojas, @danielsingers, @silvermanjacob, @ashwsbreal, and @adamsinger
| Mark Bergen / Bloomberg: |
A look at Google's renewed push into e-commerce, led by SVP Prabhakar Raghavan, positioning itself as a kind of anti-Amazon, which has long dominated the sector — Google executive Prabhakar Raghavan recently had an issue with his rose bushes. His wife took a photo of the plants on her phone …
Tweets: @edbott, @mhbergen, @sarahfrier, @mhbergen, and @mhbergen
| Issie Lapowsky / Protocol: |
Peter Thiel steps down from Meta's board, on which he secured a seat in 2005 after investing $500K; Meta announced in February 2022 that Thiel would be leaving — Peter Thiel has officially stepped down from Meta's board, a position he's held since Facebook was in its infancy.
More:
Daily Mail. Tweets: @vickerysec, @vickerysec, @vickerysec, @doombergt, @stealthqe4, @zerohedge, @jason_kint, @buccocapital, and @darnelsugarfoo
| TechCrunch: |
Sources: one-click checkout service Bolt has laid off 100+ employees across go-to-market, sales, and recruiting roles amid slowing revenue and customer growth — One-click checkout startup Bolt has laid off at least 100 employees and counting across go-to-market, sales and recruiting roles, sources say.
More:
Protocol, New York Post, Forbes, New York Times, and Bloomberg
| Bloomberg: |
Sources: business travel and expense management service TripActions is in talks to raise funding at a ~$9B valuation; TripActions raised $275M in October 2021 — Startup TripActions is in talks for new round of funding at a higher valuation, signaling investors remain interested … | Kif Leswing / CNBC: |
Nvidia reports Q1 revenue up 46% YoY to $8.29B, including Data Center up 83% to $3.75B and Gaming up 31% to $3.62B, forecasts Q2 below estimates; stock down 5%+ — - Nvidia reported fiscal first-quarter earnings on Wednesday. — The stock dropped in extended trading after the chipmaker gave …
More:
Reuters, Wccftech, Seeking Alpha, and Nvidia
| Arjun Kharpal / CNBC: |
Ripple's CEO says the company will explore an IPO once its lawsuit with the SEC ends and that its cross-border payments volume was up 700% YoY to $8B in Q1 2022 — - Ripple will explore the possibility of an initial public offering once its lawsuit with the U.S. Securities and Exchange Commission has ended … | Brandy Betz / CoinDesk: |
StarkWare, which makes two scaling platforms for Ethereum, raises a $100M Series D led by Greenoaks and Coatue at an $8B valuation, up from $2B in November 2021 — The blockchain scaling solution last raised funds in November at a $2 billion valuation. — StarkWare Industries …
More:
TechCrunch, The Block, Crypto Briefing, The Defiant, Forbes, CTech, Bloomberg, Cointelegraph, and Blockworks
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