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Top News Stories
Business · San FranciscoElon Musk is facing yet another lawsuit over his planned Twitter acquisition. Investors have sued the Tesla CEO for allegedly manipulating stock prices ahead of his $44 billion takeover bid. Musk supposedly saved $156 million by failing to disclose that he'd bought more than a 5 percent stake in Twitter by March 14th.See the Story
Elon Musk Sued By Second Group of Twitter Shareholders
39% Left coverage: 72 sources
Business · WashingtonTwitter Inc. has agreed to pay $150 million in civil penalties to resolve allegations. The social media giant failed to protect users' data privacy in line with a 2011 agreement with the FTC. The settlement will resolve allegations that Twitter violated the FTC Act and an administrative order issued by the FTC in 2011.See the Story
Twitter to pay $150M penalty over privacy of users' data
45% Center coverage: 67 sources
Business · CupertinoApple is boosting pay for workers by increasing the overall compensation budget. Starting pay for hourly workers in the U.S. will rise to US$22 an hour, or higher based upon the market, WSJ said. This is a 45 per cent increase from 2018 levels, the report said.See the Story
Apple to increase starting pay for U.S. workers
34% Center coverage: 9 sources
TwitterTwitter Inc. said in a filing on Friday it will not accept Egon Durban's resignation from the board. Durban is an ally of Elon Musk, who has offered to take Twitter private in a $44 billion deal. Twitter said Durban failed to receive the support of a majority of the votes in the re-election held earlier this week.See the Story
Twitter keeps Musk ally Durban on board, rejects resignation
Coverage: 6 sources
MicrosoftMicrosoft's long-in-the-works xCloud streaming device is going through some changes, as reported by Windows Central. The company first announced the dedicated streaming dongle in June 2021, but in a statement given to Windows Central, the company said it has pivoted from the current iteration of the device.See the Story
Microsoft confirms Xbox Keystone cloud streaming device | Digital Trends
67% Left coverage: 3 sources
BusinessMicrosoft has hit the brakes on hiring in some key product areas. The move follows plans to fiddle with employee compensation in what has become a highly competitive market. Microsoft's last earnings release for Q3 2022 showed an 18 percent year-on-year jump in revenue to $49.4 billion.See the Story
Microsoft slowing hiring for Windows, Teams, Office
60% Center coverage: 5 sources
TechReuters:
A growing number of Chinese tech startups are going public in China at valuations lower than their private rounds; China's STAR Market has fallen ~30% this year — A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China …See the Story
A growing number of Chinese tech startups are going public in China at valuations lower than their private rounds; China's STAR Market has fallen ~30% this year
EducationKashmir Hill / New York Times:
Proctoring software like Honorlock that track students' movements during online exams to prevent cheating are criticized for allegedly flagging normal behavior — An unsettling glimpse at the digitization of education. — Give this article- - - Read in appSee the Story
Proctoring software like Honorlock that track students' movements during online exams to prevent cheating are criticized for allegedly flagging normal behavior
TechChristine Hall / TechCrunch:
Argentina-based ClicOH, which lets sellers across Latin America track shipments in real time via its dashboard, raises a $25M Series A led by Tiger Global — E-commerce is an $85 billion business in Latin America, and as that market is poised to essentially double in three years …See the Story
Argentina-based ClicOH, which lets sellers across Latin America track shipments in real time via its dashboard, raises a $25M Series A led by Tiger Global
Latest News Stories
BusinessSee the Story
S.E.C., in letter to Elon Musk, says it is scrutinizing his Twitter share purchases.
100% Left coverage: 1 sources
TechSee the Story
China's iQiyi, a streaming service majority-owned by Baidu and listed on the Nasdaq, reported its first quarterly profit, $26.7M in Q1, after cutting spending
BusinessSee the Story
Tether Enters Latin America With Mexican Peso-Pegged Stablecoin
100% Center coverage: 4 sources
BusinessSee the Story
Broadcom buys cloud company VMware for $61B in 2nd-largest tech deal of 2022
57% Center coverage: 7 sources
IPOSee the Story
Crypto Exchanges Including Binance, FTX To Support 'Terra 2.0' Relaunch
100% Center coverage: 1 sources
Europe · WalesSee the Story
Chinese takeover of UK's largest microchip producer faces national security review
75% Center coverage: 4 sources
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