Techmeme
April 5, 2022, 7:15 AM

Top News

Bloomberg:
Filing: Elon Musk acquires a 9.2% passive stake in Twitter, worth ~$2.89B at Friday's market close, becoming its largest shareholder; Twitter shares rise 27.2%  —  Elon Musk has taken a 9.2% passive stake in Twitter, according to a 13G filing, Bloomberg News reports.  Twitter rose about 26% in pre-market trading.
More: CNBC, The Verge, Ars Technica, New York Times, BBC, Reuters, Financial Times, Insider, BetaNews, Techdirt, CNN, Reuters, Wall Street Journal, U.S. S.E.C., NBC News, Crunchbase News, Engadget, The Irish Times, Axios, CNBC, Vault, Associated Press, Reason, CoinGape, Bloomberg, Gizchina, TechRadar, Reuters, Livy's Newsletter, Tech-pigułka, The Guardian, Android Headlines, Pocket-lint, Financial Times, CoinDesk, Fossbytes, The Shortcut, Dexerto, Bloomberg, Transistori, Digital Trends, Mashable, The Post Millennial, THE FREEDOM BLOG, With TAI, PhoneArena, Silicon Valley Business …, Social Media Today, Light Reading, Digital gefesselt, Financial Times, iPhone in Canada Blog, SiliconANGLE, VICE, TheGamer, TechCrunch, Electrek, Engadget, Android Authority, Candid.Technology, Barron's Online, The Irish Times, and Financial Times
Matt Levine / Bloomberg:
If Elon Musk wants to change Twitter with his stake, he might have to gesture in the direction of ESG or profitability to get other shareholders to support him  —  Programming note: Money Stuff was supposed to be off today but, Elon.  So here we are.  —  Oh Elon
Edward Ongweso Jr / VICE:
A look at Axie Infinity “managers”, who loan in-game NFTs to other players in exchange for a cut of any profits and depend on a constant influx of new players  —  Managers in play-to-earn game Axie Infinity employ large teams of “scholars” who can't afford their own NFTs even as the game's economy spirals.
Sidhartha Shukla / Bloomberg:
Lawrence Abrams / BleepingComputer:
Mailchimp discloses a breach where hackers accessed 319 accounts and stole “audience data” from 102 clients; phishing scams of crypto users quickly followed  —  Email marketing firm MailChimp disclosed on Sunday that they had been hit by hackers who gained access to internal customer support …
Hema Parmar / Bloomberg:
Associated Press:
Research: RT en Español is the third-most shared site on Twitter for Spanish-language info about Russia's invasion and in March saw a boost in Facebook likes  —  Washington (AP) — Though Russia is the country that invaded its neighbor Ukraine, the Kremlin's version relentlessly warns …
Taylor Lorenz / Washington Post:
A look at subreddit r/Place, which lets users build collective art by posting a colored pixel every five minutes and had 72M tiles placed by Sunday night  —  Since last Friday, millions of Reddit users have banded together to collectively generate a massive, collaborative piece of artwork that has become a viral phenomenon.
Lily Russell-Jones / City A.M.:
UK Chancellor Rishi Sunak asks the Royal Mint to issue an NFT by the summer, as the Treasury plans a “forward-looking approach” towards crypto assets  —  The Treasury has announced plans to dive into the crypto space with the launch of an official NFT later this year.
Lauren Goode / Wired:
A look at Peloton Guide, an upcoming $295 streaming media box from Peloton that uses a body-tracking camera to let users track their strength-training workouts  —  Peloton has made a device that uses a camera to track your strength-training workouts.  The “camera” part, though, still needs to prove itself.

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Earlier Picks

Andrew Webster / The Verge:
Aaron Schaffer / Washington Post:
Asa Fitch / Wall Street Journal: