Techmeme
October 4, 2022, 7:50 PM

Top News

Ed Hammond / Bloomberg:
SEC filing: in a letter to Twitter, Elon Musk revives his original bid for $54.20 per share, aiming to avoid a courtroom fight; Twitter's stock closes up 22.24%  —  Elon Musk is proposing to buy Twitter Inc. for the original offer price of $54.20 a share, Bloomberg News reports.Musk …
Jeremy C. Owens / MarketWatch:
Elon Musk says buying Twitter “is an accelerant to creating X, the everything app”; Musk previously teased launching X.com as a social media site  —  Entrepreneur's first big hit was with X.com, an online bank that was acquired by PayPal; he re-acquired the rights to the website …
Axios:
Khari Johnson / Wired:
The White House's new AI Bill of Rights, which would let users opt out of algorithmic decision-making, is nonbinding and so will have little impact on companies  —  The draft's tenets include allowing citizens to opt out of algorithmic decision-making, which could reshape federal government—but not the private sector.
Caitlin Huston / The Hollywood Reporter:
Meta plans to shut down its newsletter subscription service Bulletin by early 2023; the Substack competitor launched in January 2021 and now has 120+ writers  —  The social media company plans to bring more content back to the Facebook platform directly.  —  Meta will be shutting down Bulletin …
Hartley Charlton / MacRumors:
The European Parliament votes 602 to 13 to enforce USB-C as the charging port for most devices by the end of 2024 and all laptops by spring 2026 sold in the EU  —  The European Parliament today voted overwhelmingly in favor of enforcing USB-C as a common charging port across a wide range …
Jennifer Pattison Tuohy / The Verge:
The Connectivity Standards Alliance launches the Matter 1.0 smart home standard and its certification program; Matter devices may be sold as soon as this month  —  The smart home standard is open for certification at last.  We could see Matter devices in our homes as soon as this month.
Jason Cipriani / ZDNet:
Google announces the $180 Nest Doorbell Wired and $200 Nest Wifi Pro with Wi-Fi 6E support, updates the Home app, and confirms the company will support Matter  —  Google on Tuesday announced several new products, including a new Nest Doorbell that ditches a battery, a Nest Wi-Fi Pro with support …
Steve Lohr / New York Times:
Micron plans to spend up to $100B over the next 20+ years to build a chipmaking complex in upstate New York, helped by federal and state government incentives  —  The company is planning a giant complex in Clay, N.Y., a sign that the government's investments in semiconductors are steering firms' decisions.
Maxwell Strachan / VICE:
Some guests and hosts say Airbnb permanently banned them after background checks by third-party company Inflection revealed minor offenses or old misdemeanors  —  Airbnb customers say they are being permanently banned after background checks reveal minor offenses like broken tail lights and old misdemeanors.
Sarah Perez / TechCrunch:
Meta debuts Instagram ads on the Explore page and tests ads in profile feeds, letting creators earn extra income, and a shorter ad format for Facebook Reels  —  Following another quarter that saw marketers pull back on their ad spending, Meta today announced it's increasing its ad load on Instagram with the launch of two new ad slots.

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Earlier Picks

Mike Calia / CNBC: