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May 12, 2023, 10:55 PM
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| Lillian Rizzo / CNBC: |
Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter's CEO, to focus on business operations; Musk will focus on “product design & new technology” — - Former NBCUniversal advertising chief Linda Yaccarino will be Twitter's next CEO.
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Evan Shapiro, Sara Fischer, and Shelly DeMotte Kramer. Mastodon:
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| Washington Post: |
A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets — Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation.
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@hopeking, @scottmonty, @aishacounts, @shannonjoyradio, and @carlquintanilla
| New York Times: |
A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals' content and gave the CCP “supreme access” — The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content …
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| Tracy Wang / CoinDesk: |
Binance announces its exit from Canada, saying the country's “new guidance related to stablecoins and investor limits” makes the market “no longer tenable” — The world's largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.
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The Block, Reuters, Bloomberg, Fortune, crypto.news, Watcher Guru, Ethereum World News, iPhone in Canada Blog, The Information, Bitcoinist.com, Cointelegraph, Tech Startups, CoinJournal, Cryptonews, Canadian Press, CryptoSlate, and The Logic
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@binance, @tradermayne, @bitfinexed, and @jp_koning
| Echo Wang / Reuters: |
Sources: e-commerce marketing platform Klaviyo confidentially files for a US IPO; source: the firm seeks to raise $750M+; Klaviyo was valued at ~$9.5B in 2021 — Data and marketing automation firm Klaviyo Inc confidentially submitted paperwork on Friday with U.S. regulators for an initial public offering … | Reuters: |
Toyota says the vehicle data of 2.15M users in Japan, or almost all of its cloud service customers, has been public since November 2013, due to a human error — Toyota Motor Corp (7203.T) said on Friday the vehicle data of 2.15 million users in Japan, or almost the entire customer base … | Bloomberg: |
Oppo closes its chip design unit Zeku due to global economic uncertainty; Zeku developed the MariSilicon X image-processing chip used in Oppo's flagship devices — Oppo, China's biggest domestic smartphone maker, is closing its chip design business as the global smartphone market extends a prolonged decline.
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Tweets:
@tech_reve, @chengtingfang, @iancutress, @mytechmusings, @jeff4malaysia, @edourdoo, @nbdpress, @edourdoo, and @edourdoo
| Kirsten Korosec / TechCrunch: |
Autonomous delivery startup Nuro will lay off 30% of its workforce, or ~340 people, as part of a restructuring; Nuro laid off 20% of its staff in November 2022 — Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees, across the company as part of a restructuring meant to extend its capital runway.
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Engadget
| Ben Schoon / 9to5Google: |
Google Bard is now available in 180 countries but not in the EU or Canada; Google says the chatbot will be made available “consistent with local regulations” — Yesterday at Google I/O 2023, it was announced that Google Bard would be undergoing a massive expansion, bringing the AI chatbot experiment to 180 countries.
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Ars Technica, Android Authority, Decrypt, BigTechWire, Android Central, PCMag, WinBuzzer, OnMSFT.com, Phandroid, Gizchina, and Neowin
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@martinsfp, @peter_szilagyi, @willrinehart, and @mictuc
| Sarah Scire / Nieman Lab: |
A look at The Athletic's live audio rooms, a Twitter Spaces-like feature in the outlet's app for beat reporters to have postgame conversations with subscribers — The Athletic's first live room took place in September 2021. By January 2022, they'd done 100. Today, they're closing in on 1,000.
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Business Wire
| Rosie Perper / CoinDesk: |
NYC-based Tessera, the collective NFT ownership and governance service that launched as Fractional with $20M from Paradigm and others, plans to shut down — Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.”
More:
nft now, The Information, and The Block
Tweets:
@andy8052, @smaroo, @pauly0x, @deeze, @gfunkera86, @jubbishjay, and @charlesarthur
| Nilesh Christopher / Rest of World: |
Current and former employees say Foxconn has hired ~10K contract workers in Chennai, India, since November 2022, paying between ~$190 and ~$225 per month — Every Saturday, a clutch of engineering colleges in south India turn into venues for walk-in interviews for Apple contract manufacturers.
Tweets:
@tarykuh, @the_bongrel, and @nilchristopher
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| Jack Schickler / CoinDesk: |