Source: Twitter could reach a deal with Elon Musk for a takeover at $54.20 per share as soon as today
Twitter is in the final stretch of negotiations about a sale to Elon Musk, a person with knowledge of knowledge of the matter said, Bloomberg News reports.
Sources: Twitter's board met Sunday to discuss Elon Musk's bid, which is being considered more seriously after Musk's filing detailed $46.5B in financing
The company's 11-member board met with Mr. Musk to discuss his offer to buy the social networking service and take it private.
Leaked images seem to show a Google Pixel Watch testing model left at a US restaurant, with a minimalist design in black, a crown, and a proprietary Google band
If this is the final design of the Google Pixel Watch, then many of the rumors have come true. — What you need to know
iPhone 14 expectations: a larger 6.7" non-Pro Max, while the Pro models will get the A16, a 48MP wide-angle camera, and pill-shaped and circular notch cutouts
Even though it may feel like the iPhone 13 just went on sale, the iPhone 14 launch is less than six months away.
Oracle patches a critical bug in Java 15 and above, which lets attackers forge TLS certificates and signatures, two-factor authentication messages, and more
A failure to sanity check signatures for division-by-zero flaws makes forgeries easy. — Organizations using newer versions …
Apple warns it will remove apps from the App Store that haven't been “updated in a significant amount of time” and is giving developers 30 days to update them
what you need to know Chris Kerr / Game Developer : Apple warns App Store devs outdated apps will be pulled from sale Sarvesh Mathi / MediaNama : Why developers are unhappy with Apple removing outdate...
Apple, Amazon, and Google have turned to old union-busting tactics, like surveilling workers suspected of organizing, posting propaganda, and hiring consultants
Tech companies are facing increasing momentum from workers trying to organize — At a Staten Island warehouse set to start …
Analysis: Elon Musk's Twitter bid includes a risky $12.5B margin loan, secured against TSLA and potentially costing ~$1B/year, alongside $21B from Musk himself
It is the biggest acquisition financing ever put forward for one person. Elon Musk is doing it his way.
UK virtual events startup Hopin, which raised $1B+ and reached a $7.8B valuation, is now struggling; its Explore page has <500 events listed, down from 15K+
British group gained $7.8bn valuation in pandemic, but lay-offs and slump in secondary market trades have followed
The UAE grants crypto exchange Kraken a license to operate, following Binance and FTX; Kraken will establish a regional HQ in Abu Dhabi
- Kraken will open an office in Abu Dhabi and become the first exchange to offer UAE dirham trading after receiving a full license to operate in the country …
Sources: Netflix staff morale is sagging amid its cratering stock price, subscriber losses, and an engineering restructuring to create levels, such as “junior”
As Netflix shares plunge to their lowest point in five years, the company risks losing its most valuable resource: its star employees.
North Korean hackers who stole $600M from Axie Infinity are still laundering their haul, recently moving $4.5M of ETH, after the US tried to freeze those assets
Despite U.S. law enforcement identifying the Lazarus Group as the thieves, the hackers have laundered 17 percent of their $600 million haul
An interview with Puerto Rican Twitch star Ironmouse, who suffers from the chronic illness CVID and is the most popular VTuber on Twitch with 1M+ followers
Nathan Grayson / Washington Post : Tweets: @vahn16 and @itslanabee Tweets: Nathan Grayson / @vahn16 : earlier this year @ironmouse streamed nonstop for 31 days. it was a huge undertaking; IRL she suf...
OpenSea acquires NFT aggregator Gem, which helps users buy and sell across marketplaces, for an undisclosed sum; Gem will continue as a standalone brand
Quick Take — NFT marketplace OpenSea has acquired NFT aggregator Gem. — Gem will continue to operate as a standalone brand.
Robotaxi startup Pony.ai announces that Guangzhou granted the company a license to operate 100 self-driving cars as traditional taxis in the Chinese city
Evelyn Cheng / CNBC :
Elon Musk's bid for Twitter appears to be about preserving Twitter as a means for himself and others to continue influencing vast audiences without interference
On a podcast, FTX CEO Sam Bankman-Fried says calling crypto “yield-farming”, where coins are staked for interest, a “Ponzi” is a “pretty reasonable response”
Sam Bankman-Fried describes explains “yield-farming” to Bloomberg. — Honk honk! Source: Bloomberg . Tweets: @wallstcynic , @katie_martin_fx , @cavandy , @emilyjnicolle , @tracyalloway , @katie_marti...
Reliance Industries calls off its $3.4B acquisition of core parts of Indian retail chain Future Group, following Amazon's legal fight against the deal
Manish Singh / TechCrunch :
A look at Jakarta's “base camps”, informal meeting points that let Gojek drivers organize for better working conditions, including health insurance and sick pay
MIT Technology Review : Tweets: @_karenhao , @techreview , @zuckerbergmeta , @mario_gug , and @pulitzercenter Tweets: @_karenhao : In part three of @techreview's AI Colonialism series, we head to Ind...
US crypto exchanges and companies are ramping up recruiting legal talent, as the industry faces increased scrutiny; law firms are also building crypto practices
Crypto exchanges and companies are poaching attorneys to help them navigate an evolving regulatory landscape and to cut down legal costs Tweets: @_mengqisun Tweets: Mengqi Sun / @_mengqisun : Story fr...
Sources: Tencent-controlled Chinese video game streaming service Huya, which rivals DouYu, will lay off hundreds of staff; Huya had 2,075 employees in 2020
Josh Ye / Reuters :
The EU's DSA forces Meta, Google, and other large online platforms to make their algorithms transparent to users, handle misinformation during crises, and more
DoubleMe, a South Korean startup specializing in converting 2D videos into 3D models for the metaverse, raises a $25M Series A with Samsung among investors
Aditya Hadi Pratama / Tech in Asia :
Leaked sales pitch: US government contractor Anomaly Six, which says it can track ~3B phones in real time, demoed its capabilities by tracking CIA and NSA staff
How Telegram became the most prominent platform for the right-wing fringe, including by not having a recommendation algorithm, which helps groups stay hidden
Streamers are acting like TV networks, pulling back on edgy content and seeking “elevated broadcasts”, like sitcoms, under financial pressure and competition
Stockholm-based Planhat, which provides customer relationship management software to companies, raises a $50M Series A after seven years of bootstrapping
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.