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May 27, 2022, 4:40 PM
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| Nivedita Balu / Reuters: |
Filing: Twitter rejects Elon Musk ally Egon Durban's resignation from the board, two days after shareholders blocked his re-election at an annual meeting — Twitter Inc (TWTR.N) said in a filing on Friday it would not accept Egon Durban's resignation from the board, after shareholders blocked … | Kate Conger / New York Times: |
In an April 4 letter, the SEC told Elon Musk it is probing his March purchases and disclosures of Twitter stock, and whether he was truly a “passive” investor — The regulator questioned whether the Tesla chief executive had disclosed his stake at the right time.
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Protocol, The Verge, Axios, Wall Street Journal, The Guardian, CNN, Washington Post, Reuters, Bloomberg, and iPhone in Canada Blog
Tweets: @johnedeaton1 and @danprimack
| Lora Kolodny / CNBC: |
A Twitter shareholder sues Elon Musk and Twitter over the handling of the acquisition, saying Musk engaged “in conduct designed to create doubt about the deal” — - Since Musk's acquisition bid, Twitter's share price has dropped more than 12%, and Tesla's is down about 28% as part of a broad sell-off in tech stocks.
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BBC, Telegraph, The Verge, Ars Technica, Gizmodo, HotHardware.com News, The Guardian, Reuters, Coinspeaker, Benzinga, Insider, TechCrunch, International Business Times, The Economic Times, The Signal, Engadget, Silicon Republic, and Fossbytes
Tweets: @samantar, @edbott, @vasabjit_b, @marcowenjones, @thestarkenya, @fabiochiusi, @kantrowitz, @fuzzywuzzyto, @cbouzy, and @maddenifico
| Rest of World: |
Some people in countries with high inflation say they lost tens of thousands in savings after investing in UST, which seemed more stable than the local currency — “I have nothing left, not even a penny.” — Valeria makes around $300 a month selling prepared food from her home in Buenos Aires.
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Wall Street Journal. Tweets: @srussolillo, @coryklippsten, @ben_mckenzie, @nic__carter, @katherinemiller, @leomschwartz, @mattzeitlin, @carnage4life, @toluogunlesi, @luciacholakian, @silviakillings, @leomschwartz, @bitfinexed, @aosipovich, @coloradotravis, @counternotions, @apartovi, @restofworld, @glamazonjay, @minhtngo, @bennetttomlin, @mark_dow, @firstadopter, @dlknowles, @migueldeicaza, @yeezuscapital, and @mattzeitlin
| Sergiu Gatlan / BleepingComputer: |
Microsoft researchers find high severity vulnerabilities in mce Systems' framework used by Android apps from carriers including AT&T, Telus, Rogers, and Bell — Microsoft security researchers have found high severity vulnerabilities in a framework used by Android apps from multiple large international mobile service providers.| Kashmir Hill / New York Times: |
A look at PimEyes, a paid facial recognition service that charges up to $300 per month to exclude photos, which some women describe as “essentially extortion” — PimEyes is a paid service that finds photos of a person from across the internet, including some the person may not want exposed.
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CNN, KnowTechie, Newslit Daily, The Overspill, and The Hill
| Jez Corden / Windows Central: |
Microsoft confirms it is building an HDMI device codenamed Keystone that can be connected to a TV or monitor to run Xbox Game Pass and its cloud gaming service — The key to the cloud. — For a few years, rumors have persisted that Microsoft was exploring building some form of streaming stick …
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9to5Google, Financial Times, HotHardware.com News, MacRumors, Gizmodo, Ars Technica, TheGamer, Engadget, KnowTechie, Liberty's Highlights, Redmond Pie, BGR India, Pocket-lint, Fossbytes, Wccftech, Gameranx, iPhone in Canada Blog, GameSpot, iMore, SlashGear, PCMag, The Mac Observer, Android Authority, WinBuzzer, OnMSFT.com, TechRadar, WRAL TechWire, Dexerto, Pureinfotech, Silicon Republic, MSPoweruser, iDownloadBlog.com, Video Games Chronicle, GamingBolt, The Verge, 9to5Mac, Tom's Guide, IGN, MUO, TechSpot, iClarified, Laptop Mag, GameRevolution, Game Developer, Game Rant, Thurrott, Neowin, Digital Trends, XDA Developers, MobileSyrup, Windows Blog, and Slashdot
Tweets: @pms_jordan, @tomwarren, and @jezcorden
| Washington Post: |
Young gunmen are using private and disappearing messages in apps like Snapchat, Instagram, Discord, and Yubo to share violent plans, evading content moderation — Private messaging apps are harder to scan for warning signs of potential violence, experts say| Budi Sutrisno / Tech in Asia: |
Jakarta-based Bibit, which offers robo-advisor services to help millennial users invest in mutual funds based on their risk profiles, raises $80M+ led by GIC — Indonesia-based investment app Bibit has raised over US$80 million in a funding round led by GIC, with participation from Prosus Ventures and other existing investors.
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FinSMEs
| Paul Sawers / VentureBeat: |
Manta, which offers a data lineage service that helps companies understand and visualize the flow of information, raises a $35M Series B led by Forestay Capital — Manta, a date lineage platform that helps enterprises understand and visualize the flow of information through the organization … | Amy Lewin / Sifted: |
Report: only 15% of European VC general partners are women, managing just 9% of total assets; 13% of general partners in the UK are women, managing 5% of assets — Across Europe as a whole, 85% of VC GPs are men. — In worse than the average in the UK, where 87% of GPs are men.| Agne Cimermanaite / Metaverse Post: |
Los Angeles-based Jadu, which is building an AR game around virtual objects and avatars owned by players in a metaverse, raises $36M led by Bain Capital Crypto — Jadu Mirrorverse — an AR game built around virtual objects owned by the players — just raised $36M to help create the Web3 …
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