Bloomberg:
Filing: Elon Musk delivers a non-binding proposal to acquire all of Twitter's outstanding stock for $54.20/share in cash, in a deal worth $43B; TWTR jumps 10%+ — Elon Musk has offered to buy Twitter for $54.20 per share in cash, according to an updated 13D filing, Bloomberg News reports.
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Thursday, April 14, 2022
Filing: Elon Musk delivers a non-binding proposal to acquire all of Twitter's outstanding stock for $54.20/share in cash, in a deal worth $43B; TWTR jumps 10%+ (Bloomberg)
Elon Musk offers to buy Twitter for $41 billion
A look at AI tools built by sales and customer service software companies like Uniphore and Sybill to detect human emotions, as Zoom unveils Zoom IQ for Sales (Kate Kaye/Protocol)
Kate Kaye / Protocol:
A look at AI tools built by sales and customer service software companies like Uniphore and Sybill to detect human emotions, as Zoom unveils Zoom IQ for Sales — Virtual sales meetings have made it tougher than ever for salespeople to read the room. So, some well funded tech providers …
Sources: Sequoia India's Shailendra Singh leaves fashion marketplace Zilingo's board, amid a probe into its accounting methods and suspension of CEO Ankiti Bose (Bloomberg)
Bloomberg:
Sources: Sequoia India's Shailendra Singh leaves fashion marketplace Zilingo's board, amid a probe into its accounting methods and suspension of CEO Ankiti Bose — Sequoia Capital India's Shailendra Singh has stepped down from the board of troubled Zilingo Pte following questions …
Wednesday, April 13, 2022
Apple CEO Tim Cook says that the company is continually fighting for this fundamental human right
Meta's plan to take up to a 47.5% cut of each virtual transaction on Horizon Worlds draws criticism from NFT proponents; OpenSea takes a 2.5% cut (Daniel Van Boom/CNET)
Daniel Van Boom / CNET:
Meta's plan to take up to a 47.5% cut of each virtual transaction on Horizon Worlds draws criticism from NFT proponents; OpenSea takes a 2.5% cut — Meta, previously known as Facebook, is figuring out how to monetize the metaverse. … It's been nearly six months since the company formerly known …
Salsify, which helps e-commerce brands manage inventory, raises a $200M Series F led by TPG at a $2B valuation and says it has 1,200 customers (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch:
Salsify, which helps e-commerce brands manage inventory, raises a $200M Series F led by TPG at a $2B valuation and says it has 1,200 customers — E-commerce is booming, but it's become increasingly apparent over the years that the businesses that are able to capitalize on that trend …
This UPI move by CoinSwitch Kuber and WazirX may not be good news for crypto investors in India
Google says it will invest $9.5B across 2022 to build US offices and data centers, with plans to create 12,000 jobs, up from the $7B announced in 2021 (Giles Turner/Bloomberg)
Giles Turner / Bloomberg:
Google says it will invest $9.5B across 2022 to build US offices and data centers, with plans to create 12,000 jobs, up from the $7B announced in 2021 — Google said it will invest $9.5 billion in offices and data centers in the U.S. over 2022., putting money behind its bid to get more workers back in its buildings.
OpenAI's DALL-E 2 and other AI models' ability to generate new content at zero marginal cost has major implications for the metaverse, social networks, and more (Ben Thompson/Stratechery)
Ben Thompson / Stratechery:
OpenAI's DALL-E 2 and other AI models' ability to generate new content at zero marginal cost has major implications for the metaverse, social networks, and more — Last week OpenAI released DALL-E 2, which produces (or edits) images based on textual prompts; this Twitter thread from @BecomingCritter …
Tuesday, April 12, 2022
IAB: US digital ad spend rose 35% YoY to $189B in 2021, the largest gain since 2006; 10 publishers and platforms took 78.6% of the total, up from 78.1% in 2020 (Megan Graham/Wall Street Journal)
Megan Graham / Wall Street Journal:
IAB: US digital ad spend rose 35% YoY to $189B in 2021, the largest gain since 2006; 10 publishers and platforms took 78.6% of the total, up from 78.1% in 2020 — Advertising has followed shopping online during the pandemic at a breathless rate. The ad spend was concentrated—78.6% …
Global PC shipments declined 5.1% in Q1: Report
Nokia to pull out of the Russian market
Sources: Singapore-based fashion marketplace Zilingo suspends CEO Ankiti Bose, after attempts to raise $150M-$200M led to an investigation over its accounting (Bloomberg)
Bloomberg:
Sources: Singapore-based fashion marketplace Zilingo suspends CEO Ankiti Bose, after attempts to raise $150M-$200M led to an investigation over its accounting — Zilingo Pte, one of Singapore's highest-profile startups, has suspended Chief Executive Officer Ankiti Bose after an effort …
A profile of SoftBank's Masayoshi Son, who transformed the Japanese tech conglomerate into a global investment group and is criticized for high-risk investments (Lionel Barber/Financial Times)
Lionel Barber / Financial Times : A profile of SoftBank's Masayoshi Son, who transformed the Japanese tech conglomerate into a global...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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It’s that time of year, Silicon Valley’s investor technocrati and advice-giving Twitter celebrities descended upon Pier 48 in San Francisco ...