By accepting Musk's bid, Twitter's board showed they care more about shareholders than Twitter as a company or as a product
I'm sorry but more Twitter — You can tell a simple story about Elon Musk's pending acquisition of Twitter Inc. that goes like this. Musk offered Twitter $54.20 per share in cash.
Facebook plans to stop letting users add podcasts to the service this week, start removing them on June 3, and discontinue Soundbites and its central audio hub
Facebook is pulling out of podcasts and plans to remove them altogether from the social-media service starting June 3.
The SEC plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, created in 2017 to monitor crypto fraud, taking it to 50 personnel
Agency to add 20 staffers to help tighten scrutiny of unregulated $1.7 trillion cryptocurrency market Source: U.S. Securities … .
Sources: Elon Musk asked investment firms and wealthy individuals for more Twitter financing and investors like Jack Dorsey to roll their stakes into the deal
> The flawed math behind Elon Musk's Twitter deal https://www.washingtonpost.com/ ... Jake Bernstein / @jake_bernstein : It's hard to imagine a megadeal that better captures the absurdity of the era i...
Sources: the UK has shelved plans to empower the CMA's digital markets unit, announced in 2020, hampering its ability to set rules and impose fines
Government not expected to include legislation to beef up CMA's digital markets unit in Queen's Speech — The UK is poised to shelve plans …
In a filing, Twitter says Elon Musk's bid could make it difficult to attract and retain key employees, decrease productivity, and halt changes to its business
Twitter Inc.'s $44 billion deal to be acquired by Elon Musk means it risks losing advertisers and employees, who may be concerned about the company's uncertain future.
Spotify launches Spotify Island on Roblox, the first music streaming brand on the service; artists and fans can go on quests, unlock content, and buy merch
Spotify announced today it will become the first music streaming brand to have an official presence within Roblox, with the launch of …
Sources: PayPal and others made informal complaints about Apple's NFC restrictions to the European Commission, spurring the EU's formal antitrust complaint
PayPal Holdings Inc. helped spur a formal antitrust complaint against Apple Inc. and its iPhone payments system by raising concerns …
Telegram's latest iOS beta includes exclusive reaction emoji and stickers for Telegram Premium subscribers, a sign of the company's plans to monetize messaging
It looks like the app is getting ready to make money off of you — For as robust of a messaging app as it is, Telegram does need to make money.
Interviews with 30+ people detail Elon Musk's spontaneous approach to acquiring Twitter, relying on around 10 confidants who mostly agree with him
To a degree unseen in any other mogul, the world's richest man acts on impulse and the belief that he is absolutely right.
TSMC, Intel, and others are asking for preferential access to components amid the chip shortage, arguing that giving semiconductor makers priority could ease it
Intel and TSMC are looking to boost chip output amid supercharged demand, but getting the equipment to do so requires increasing patience
Google offers to cover $100K+ worth of its Coursera online courses in data analytics, design, and other tech skills for up to 500 employees at any US business
Alphabet Inc's (GOOGL.O) Google will provide any U.S. business over $100,000 worth of online courses in data analytics …
Amazon tells staff it will pay up to $4K in travel expenses annually for non-life threatening medical treatments including abortions, following Yelp and others
Jeffrey Dastin / Reuters :
Lithuania-based kevin., which offers card-less account-to-account payments, raises a $65M Series A led by Accel and says 6K merchants in Europe already use it
Payments remains a very fragmented business around the world: depending on where you're buying or selling something …
Amazon plans to support the popular EPUB ebook format via the Send to Kindle feature in late 2022, and drop support for the MOBI and AZW formats
Andrew Liszewski / Gizmodo :
Solana's network was down again on Saturday, for seven hours, when bots hit NFT minting tool Candy Machine, leading to ~4M transaction requests per second
Somehow, on the day I started writing a crypto newsletter, I got hacked. Jay Zhuang / CryptoPotato : Millions of NFT Transactions Clogged Solana, Causing Another Network Outage Macauley Peterson / Blo...
Crypto.com announces reductions in rewards for its Visa-enabled cards, including a drop from 5% to 2% for its highest tier; its native CRO token drops ~10%
Shaurya Malwa / CoinDesk :
Cloud infrastructure access management startup Teleport raises a $110M Series C led by Bessemer at a $1.1B valuation, bringing its total funding to $169M
Cloud infrastructure access management startup Teleport said today it has become Silicon Valley's latest unicorn after closing …
Roadmap: Meta plans four VR headsets by 2024; source says high-end MR headset Cambria, once set for 2021, could debut in September before its successor in 2024
After knocking out the internet in Kherson, a Russian-occupied Ukrainian city, Russian forces reinstated service but rerouted it through Russia's Rostelecom
Jonathan Greig / The Record :
Bangalore-based Toplyne, which offers automated tools to help convert leads into paying users, raises a $15M Series A led by Tiger Global and Sequoia India
For product-led growth companies (PLG), the perennial question is: how do we get non-paying customers to subscribe?
In a lawsuit, Apple alleges SoC startup Rivos stole trade secrets after poaching 40+ engineers and that at least two took gigabytes of confidential information
Blake Brittain / Reuters :
Internal documents: the CDC bought location data from millions of phones in the US to analyze compliance with COVID-19 rules, especially in the Navajo Nation
Newly released documents showed the CDC planned to use phone location data to monitor schools and churches, and wanted to use the data for many non-COVID-19 purposes too. Tweets: @timmarchman , @lemon...
Kintent, which automates security compliance audit preparation, raises an $18M Series A led by OpenView
Abiola Ayodele / VentureBeat :
Dune: OpenSea set a daily trading record of $476M+ in Ethereum after Yuga Labs' Otherside metaverse launch; the previous record was nearly $323M in August 2021
Andrew Hayward / Decrypt :
Report: crypto mining could consume nearly 25% of the electricity supply in Argentina's Tierra del Fuego province until October, risking an energy grid collapse
Bloomberg : Tweets: @pat_gillespie and @economics Tweets: Patrick Gillespie / @pat_gillespie : Crypto miners in Argentina's Patagonia region are using up nearly a quarter of one province's electricit...
Addiction scholars say cryptocurrency has characteristics that make it more addictive than sports betting, gambling, and traditional financial investing
Pranshu Verma / Washington Post : Tweets: @pranshuverma_ , @lucasmtny , and @coin_trades Tweets: Pranshu Verma / @pranshuverma_ : new: Crypto was supposed to make these traders rich. Instead, they go...
Zepto, a 10-minute grocery delivery service, raises a $200M Series D led by Y Combinator Continuity at a ~$900M valuation, up from $570M in December 2021
Manish Singh / TechCrunch :
Traceable AI, which offers services to protect APIs from cyberattacks, raises a $60M Series B led by IVP at a $450M post-money valuation
Kyle Wiggers / TechCrunch :
AccelByte, which helps game creators build backend services and tools, raises a $60M Series B led by Vision Fund 2, following a $10M Series A in August 2021
Kate Park / TechCrunch :
Thrasio, which buys and consolidates third-party Amazon sellers, names former Amazon exec Greg Greeley as CEO; sources: Thrasio is planning layoffs this week
TechCrunch :
Filing: Activision Blizzard CEO Bobby Kotick could walk away with ~$520M after Microsoft's deal, set to close in 2023; he owns 4.3M shares and can buy 2.2M more
Wall Street Journal :
Chile-based Xepelin, which offers B2B payments, financial info, data models, and more to SMBs in Latin America, raises a $111M Series B led by Avenir and Kaszek
Christine Hall / TechCrunch :
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.