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July 9, 2022, 4:40 PM
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| Lauren Feiner / CNBC: |
SEC filing: Elon Musk notified Twitter he wants to terminate the merger agreement, claiming that Twitter didn't provide the relevant business info he requested — Billionaire Elon Musk wants to end his deal to buy Twitter, according to a letter sent by a lawyer on his behalf to the company's chief legal officer Friday.
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Tweets: @btaylor, @ev, @mikeisaac, @beeple, @davepell, @yoda, @karaswisher, @joshuatopolsky, @mikeisaac, @brianstelter, @matt_levine, @caseynewton, @davidgross_man, @danprimack, @danprimack, @jasonmillerindc, @maxkennerly, @obrien, @mattturck, @danprimack, @danprimack, @parikpatelcfa, @goldman, @pt, @mat, @youngvulgarian, @jason_kint, @charlesarthur, @qhardy, @bdsams, @antheabutler, @heyjulesfern, @mgsiegler, @alexrkonrad, @willoremus, @mgsiegler, @tomgara, @gtconway3d, @johncardillo, @donwinslow, @islimfit, @richardmarx, @karaswisher, @pierce, @caseynewton, @willoremus, @seamoosi, @julie_bush, @levie, @joannastern, @triketora, @cz_binance, @aedwardslevy, @chad_hurley, @joshuatopolsky, @anothercohen, @rmac18, @cwarzel, @davepell, @reckless, @joshuatopolsky, @om, @rmac18, @reckless, @film_girl, @reckless, @mattnavarra, @loudmouthjulia, @davekarpf, @mollyjongfast, @jsrailton, @zanderkelly30, @byjudedoyle, @somebadideas, @lookner, @taylorlorenz, @cgasparino, @mgsiegler, @antheabutler, @lucidfoxx, @caseynewton, @ericjackson, @daveleeft, @tomgara, @joshuatopolsky, @tomwarren, and @villi
| Matt Levine / Bloomberg: |
Elon Musk's offer to buy Twitter likely was a joke, since he previously pretended he would take Tesla private, but he may not be able to get out of the deal — Programming note: Ugh, here we are again, huh? — Oh Elon — I think it is helpful to start with the big picture.
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New York Times, Barron's Online, Insider, Financial Times, iLounge, Independent.ie, The Guardian, GSMArena.com, PC Gamer, Platformer, The Shortcut, Bitcoin News, The Economic Times, Adweek, CryptoSlate, BetaNews, Pocket-lint, PhoneArena, MobileSyrup, PCMag, Appleosophy, Decrypt, SiliconANGLE, Wccftech, International Business Times, Silicon Valley Business …, Techdirt, Engadget, Misinformation …, Bitcoinist.com, Quartz, Coinspeaker, Digital Trends, IGN, Benzinga, Input, Mashable, The Mac Observer, Huawei Central, iPhone in Canada Blog, Fossbytes, Redmond Pie, CryptoPotato, and Crunchbase News
| Axios: |
Twitter board chair Bret Taylor says the company plans to pursue legal action to enforce the deal and is committed to closing on the agreed upon price and terms — Elon Musk is bailing on his $44 billion agreement to buy Twitter, claiming that the social media company hasn't met its contractual obligations …
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New York Times, The Verge, Wiretapped, TechCircle, Neowin, Gizchina, Android Police, BGR, Daring Fireball, Forbes, Financial Times, and Sammy Fans
Tweets: @matt_levine, @rmfifthcircuit, @davidmackau, @paulg, @peachierad, @wolfejosh, @originalspin, @jsnover, @alexeheath, @albernstein, @om, @davewiner, @kurtwagner8, @tomgara, @reckless, @rmac18, @carnage4life, @profgalloway, @kevinmarks, @liz_franczak, @tsuvik, @laurenshirsch, @hblodget, @evleaks, and @davidgura
| The Verge: |
In an internal memo, Twitter's general counsel says employees should “refrain from tweeting, Slacking, or sharing any commentary about the merger agreement” — The company says it's suing Musk for trying to back out — Following Elon Musk's notice to Twitter that he wants … | Kellen Browning / New York Times: |
A look at the quirky geography game GeoGuessr, in which the world's best players can pinpoint in seconds where a Google Street View image has been taken — In a game called GeoGuessr, competitors try to pinpoint where in the world a Google Street View image has been taken. Some can do it in seconds.
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Slashdot and Fortune
Tweets: @nytimesbusiness, @bmcclendon, @drfran, @rmac18, @abusulayman, @scottnover, @paragkhanna, and @sethamandel
| Wall Street Journal: |
Sources: Google has proposed splitting parts of its ad-tech business into a separate entity under Alphabet, to head off a possible US antitrust lawsuit — Tech giant's offers stop short of the asset sales preferred by Justice Department antitrust enforcers
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The Economic Times, CNET, Marketing Dive, Ars Technica, The Verge, Adweek, Android Police, Barron's Online, SiliconANGLE, Search Engine Land, PYMNTS.com, CNBC, Bloomberg, Thurrott, Protocol, and 9to5Google
Tweets: @larakiara, @dinasrinivasan, @samfbiddle, @swodinsky, @reaganbrad, @sachalouise, @jamesvgrimaldi, @tnarecha, @jason_kint, @loughlin, @jamespmcleod, @stevekovach, and @amir
| Viola Zhou / Rest of World: |
Africa-based Chinese influencers who post racist videos about Africans on apps like Douyin and Kuaishou made fortunes from China's livestream shopping industry — “Chinese people love watching how other places are not as good as China.” — On the afternoon of May 24, a beauty pageant took place at an apartment in Kitwe, Zambia.
Tweets: @violazhouyi, @khushbuoshea, @cobbo3, @blackamazon, @ruima, @zeyiyang, and @williamyang120
| Kate Clark / The Information: |
As tech stocks fall, Andreessen Horowitz, Sequoia, GGV, and other VC firms are buying publicly traded stocks of companies whose prospects they deem to be strong — Plunging shares of tech stocks have prompted venture capital firms to take an unusual step: buying publicly traded stocks.
Tweets: @amir
| Lucas Ropek / Gizmodo: |
An interview with NIST mathematician Dustin Moody on the agency's recently selected “quantum-resistant” encryption algorithms — The NIST's “quantum-resistant” encryption standards, picked via contest, were designed to keep everybody one step ahead of hacking by quantum computers.
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Q-munity, The Cloudflare Blog, The Polymath Professional …, Wired, eSecurityPlanet, and DCD
Tweets: @wcathcart, @wired, @hadip, and @gadgetlab
| Devin Coldewey / TechCrunch: |
Joe Biden issues an EO asking the FTC and other agencies to examine and reinforce protections for reproductive health and other sensitive health-related data — An executive order signed by President Biden places the White House's weight firmly behind states where access to abortion is guaranteed …
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The White House, The Verge, Politico, inforisktoday.com, Engadget, and Federal Computer Week
Tweets: @repbarragan and @zackwhittaker
| Spencer Soper / Bloomberg: |
CIRP: the number of US Amazon Prime members remained at ~172M as of June 30, the same as six months earlier, after Amazon raised prices in February 2022 — Amazon.com Inc.'s number of Prime members in the US stagnated in the first half of the year, suggesting a $20 annual price increase …
Tweets: @rakeshlobster and @spencersoper
| Financial Times: |
Sources: the US called on Japan to urge the country's cryptocurrency miners in Siberia and licensed crypto exchanges still in Russia to sever ties with Russia — Washington's request aimed at further financially isolating Moscow — The US has called on Japan to step up pressure …
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Bitcoin News, watcher.guru, The Block, Cryptonews, crypto.news, Cointelegraph, and Protos
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