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April 5, 2022, 11:14 AM
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memeorandum
WeSmirchTop News
| Jessica Bursztynsky / CNBC: |
Twitter appoints Elon Musk to its board after Musk purchased a 9.2% stake in the company; Musk cannot own more than 14.9% of Twitter while on the board — - Elon Musk will join Twitter's board of directors after taking a 9.2% stake in the social media company, according to a release filed with the SEC.
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The Verge, New York Times, RTÉ, Wall Street Journal, Insider, The Economic Times, The Hill, Input, SEC.gov, AppleInsider, Engadget, Bloomberg, Forbes, CNN, Protocol, The Economic Times, Mercury News, TechCrunch, Wall Street Journal, Decrypt, Android Central, Politico, MacDailyNews, City A.M., VICE, Deadline, The Wrap, NBC News, CoinGape, Axios, Variety, The Hollywood Reporter, iMore, and Financial Times
Tweets: @paraga, @elonmusk, @jack, @paraga, @michaelsayman, @arctictony, @morningbrew, @nycsouthpaw, @anildash, @deitaone, @mmasnick, @barry, @joannaccherry, @emilygorcenski, @choo_ek, @sethdillon, @hunterwalk, @bobbybigwheel, @wagatwe, @samstein, @frognews, @mattzeitlin, @hedgeyedj, @paulg, @nycsouthpaw, @btaylor, @lindseyboylan, @seyitaylor, @ggooooddddoogg, @jeffjarvis, @chillmage, @genepark, @micsolana, @timcast, @ljkawa, @karlbode, @ldrogen, @danprimack, @sherman4949, @thestalwart, @conorsen, @scottnover, @eric_seufert, @joshsternberg, @anildash, @anildash, @fintechfrank, @simonowens, @prestonjbyrne, @mayazi, @seyitaylor, @ferrotv, @silvermanjacob, @jonporty, @danprimack, @bennetttomlin, @sarthakgh, @martinsfp, @emilygorcenski, @modestproposal1, @packym, @lamonicabuzz, @alex, @modestproposal1, @sam_l_shead, and @twitterir
| 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
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The Verge, Reuters, PCMag, Cult of Mac, Gotrade Daily, Washington Post, howardlindzon.com, Cointelegraph, BGR India, Alen's Newsletter, and Read Max
Tweets: @matt_levine, @faizsays, @bloombergtv, @anoushasakoui, @etbrooking, @edmundlee, @btlipschultz, @sarthakgh, and @pkafka
| Bloomberg: |
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New York Times, Gizmodo, Wall Street Journal, Protocol, Engadget, Wall Street Journal, Axios, MobileSyrup, Benzinga, Dexerto, Cointelegraph, KnowTechie, Reuters, Electrek, Silicon Canals, Cryptopolitan, CNBC, Reason, Insider, 20 Percent Berlin, Foress Thrill, WRAL TechWire, Bloomberg, CoinGape, TechSpot, Fossbytes, Vault, Livy's Newsletter, TechRadar, Bloomberg, Transistori, BetaNews, CryptoSlate, Tech-pigułka, and The Shortcut
Tweets: @paraga, @elonmusk, @elonmusk, @alexstamos, @boztank, @benthompson, @mahirzeynalov, @alexstamos, @piersmorgan, @timobrien, @austen, @micsolana, @alexstamos, @turnernovak, @wongmjane, @mmasnick, @liz_wheeler, @mikeloychik, @kchoudhu, @mcclure111, @austen, @tha_rami, @yannispappas, and @bridgetphetasy
| Janko Roettgers / Protocol: |
Plex updates its app with universal search across a user's subscription services, a watchlist, and other discovery features; the service says it has 13M MAUs — Plex has an audacious plan to become the daily go-to app for everyone's streaming needs: The media center app rolled out new universal search …
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Plex, TechCrunch, AppleInsider, Windows Central, 9to5Mac, MacRumors, Fast Company, MUO, and Digital Trends. Tweets: @jonjones
| 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.
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CNN. Tweets: @bigblackjacobin, @tolstoybb, @willoremus, @jonsarlin, @carnage4life, @benjysarlin, @molly0xfff, @taylorlorenz, @bitfinexed, @ahcastor, @edzitron, @motherboard, @jason_koebler, @zenofdesign, and @obsoletedogma
| Ken Klippenstein / The Intercept: |
Internal Amazon documents show its planned internal messaging app would block union-related words, including “union”, “grievance”, and “pay raise” — Amazon will block and flag employee posts on a planned internal messaging app that contain keywords pertaining … | Mary Jo Foley / ZDNet: |
Microsoft announces a preview of ARM-based chips for Azure virtual machines, using Ampere Altra CPUs — It's been a long time coming, but Microsoft is making available a preview of Azure VMs supporting Arm-based processors from Ampere. — It's been a long road, but Microsoft announced … | Loren Grush / The Verge: |
Amazon's Project Kuiper books 83 satellite launches over five years to deploy most of its 3,236 satellites, which will beam internet to earth — The subsidiary is partnering with Arianespace, ULA, and Blue Origin — Project Kuiper — Amazon's planned internet-from-space initiative …
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Ars Technica, About Amazon, PCMag, CNN, Engadget, The Economic Times, TechCrunch, Insider, DCD, Livemint, TechRadar, GeekWire, TechCrunch, CNBC, Bloomberg, About Amazon, and SpaceNews
Tweets: @ulalaunch, @jeff_foust, @jeff_foust, @thesheetztweetz, @thesheetztweetz, and @zsk
| Eliza Gkritsi / CoinDesk: |
German police shut down darknet market Hydra Market, which had €1.23B in 2020 revenue, and seize 543 bitcoins — The Hydra Market's bitcoin privacy mixer complicated the investigation, police said. — German authorities seized $25 million in bitcoin (BTC) as they shut down Hydra Market …
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Metacurity, BleepingComputer, Bloomberg, The Block, VICE, CyberScoop, Finbold, Flashpoint, Associated Press, TechSpot, Crypto Briefing, Micky, and Tech Xplore
Tweets: @gossithedog, @gossithedog, and @dan_rowinski
| Olga Kharif / Bloomberg: |
CryptoSlam: around 95%, or $18B, of the total trading volume on NFT marketplace LooksRare are users selling tokens to earn rewards, not genuine NFT trades — A closer look at the LooksRare platform that has quickly become the leading NFT marketplace by trading volume shows that most of the activity …
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Reuters, Benzinga, Micky, and Silicon Republic
| Eric Newcomer / Newcomer: |
Crypto investment firm Paradigm says it has $13.2B under management, up 343% from December 2020; a16z has $54.6B, Sequoia $85.5B, and Tiger Global $124.7B — Andreessen Horowitz AUM rises 53% to $54.6 billion — In previously unreported financial filings, some of the technology industry's …
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TechCrunch, Cointelegraph, and PYMNTS.com
| Hema Parmar / Bloomberg: |
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Financial Times. Tweets: @madhavchanchani, @robinwigg, @alanjlsmith, @data168, @carnage4life, @hkanji, and @markminervini
| Carly Page / TechCrunch: |
Filing: Block is contacting 8.2M Cash App customers in the US after a breach caused by a former employee four months ago exposed some of their account info — Block has confirmed a data breach involving a former employee who downloaded reports from Cash App that contained some U.S. customer information.| 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.
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Byteside. Tweets: @taylorlorenz, @hueypriest, @bigmeaninternet, @smpupdate, @hkesvani, @loudmouthjulia, @anildash, and @waxy
| Paul Sawers / VentureBeat: |
Appwrite, an open-source “backend-as-a-service” startup, raises a $27M Series A led by Tiger Global — Sign up here. — Appwrite, an open source backend-as-a-service (BaaS) platform that enables companies to forget about infrastructure and focus squarely on the front end …
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SiliconANGLE and CTech
| Bloomberg: |
FTX makes a “significant” investment in stock exchange IEX, made famous by Michael Lewis' “Flash Boys”; IEX represented 2.7% of US equities volume in March — Crypto exchange FTX US agreed to take a stake in IEX Group Inc., owner of the stock exchange made famous by …
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The Block, CoinDesk, PR Newswire, Decrypt, CryptoPotato, and Cointelegraph
| Andrew Hayward / Decrypt: |
Hivemapper, which wants to build a decentralized digital mapping network on Solana, raises an $18M Series A led by Multicoin Capital — Hivemapper rewards users with tokens for passively capturing mapping data with dashcams in a model inspired by Helium. — In brief
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CoinDesk, SiliconANGLE, The Block, TechCrunch, and Hivemapper Blog
| Ingrid Lunden / TechCrunch: |
Israel-based Coro, which is building an “all-in-one” cybersecurity service for mid-market companies, raises a $60M Series C led by Balderton — Enterprises typically dedicate significant money and talent towards protecting themselves from security breaches.
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FinSMEs, Globes Online, CTech, and Balderton Capital
| Katie Roof / Bloomberg: |
Remote, an HR service that helps companies hire and manage remote employees across 60+ countries, raises $300M led by Vision Fund 2 at a ~$3B valuation — Remote Technology Inc., a startup which makes it easier for businesses to hire international employees, said it raised $300 million at valuation of almost $3 billion.
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TechCrunch, Crunchbase News, Reuters, Tech News, Tech.eu, Remote, and Finextra. Tweets: @accel
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