Techmeme
April 5, 2022, 8:55 AM

Top 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.
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
Bloomberg:
Filing: Elon Musk acquires a 9.2% 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.
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:
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 …
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 …
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 …
Hema Parmar / Bloomberg:
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.
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 …
Romain Dillet / TechCrunch:
Tinybird, which runs real-time analytics APIs for companies, raises a $37M Series A led by CRV and Singular Ventures  —  Tinybird has raised a $37 million Series A round led by CRV and Singular Ventures.  Your company may have stored a ton of data in a warehouse — everything is in there.

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference  —  Stop preparing for agents.  Start running them.  100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Get UAE eInvoicing ready with Zoho  —  The UAE announced its eInvoicing mandate on 30 October 2024, when the Ministry of Finance issued Federal Decree-Laws No. 16 and 17 of 2024, laying the legal groundwork for a national eInvoicing system.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Sources:
Marc Benioff on the AI boom, SaaSpocalypse, and future of Slack
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Invest Like the Best:
Gabe Stengel - Building Investing Superintelligence
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
Inside the AI Startup Making Customer Support 65% Cheaper
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
90 minutes of unfiltered product advice from Snap and Discord's product chief | Peter Sellis
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
AI Doom Backlash Arrives, Anthropic & OpenAI IPO Outlook, Frontier Business Momentum Slows
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
AI Wants to Shop for You. What Could Go Wrong?
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
 

More News

Earlier Picks

Associated Press:
Emily Baker-White / BuzzFeed News:
Lily Russell-Jones / City A.M.:
Aaron Schaffer / Washington Post: