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April 11, 2022, 11:00 AM

Top News

Parag Agrawal / @paraga:
Twitter CEO Parag Agrawal says Elon Musk has decided not to join Twitter's board despite being offered a seat  —  Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here. https://twitter.com/...
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Omar Abdel-Baqui / Wall Street Journal:
Elon Musk appears to have deleted some tweets critical of Twitter and its leadership; Musk liked a tweet saying he was “told to play nice and not speak freely”  —  Elon Musk appears to have deleted some tweets taking aim at Twitter Inc. amid his decision not to join the social-media company's board of directors.
Axios:
Taylor Soper / GeekWire:
Reuters:
Epic Games, which makes Fortnite, raises $2B from Sony and KIRKBI, the holding company behind LEGO, at a $31.5B post-money valuation  —  Epic Games said on Monday it had raised $2 billion from Sony Group Corp (6758.T) and the family owned holding company behind the Lego Group, giving the “Fortnite” maker a valuation of $31.5 billion.
Mark Gurman / Bloomberg:
Sources: beta versions of iOS 16, codenamed Sydney, are “chock-full” of references to Apple's mixed-reality headset and its interactions with the iPhone  —  Apple is set to hold its developers conference virtually for the third year in a row.  Expect major iOS and watchOS upgrades, and perhaps some new Macs.
Tim Hardwick / MacRumors:
Google says YouTube's Picture-in-Picture support will be coming to all iOS 15 and later devices “in a matter of days” for premium and non-premium users  —  Following a lengthy testing period, YouTube's picture-in-picture support for iOS will begin rolling out in the next few days …
New York Times:
In the absence of federal crypto regulations in the US, lobbyists and executives are helping to draft and pass favorable bills at state level  —  In the absence of federal regulations, crypto lobbyists and executives are going state by state to get favorable rules enacted.  Many lawmakers have been willing partners.
Reuters:
Sources and leaked docs: senior EU officials were targeted last year with Israeli spyware, including Belgian statesman Didier Reynders; NSO denies involvement  —  Senior officials at the European Commission were targeted last year with spy software designed by an Israeli surveillance firm …
Zheping Huang / Bloomberg:
China has approved the first batch of video game licenses since its freeze in July; games from Tencent and NetEase were not approved  —  China has approved the first batch of new video game licenses since July, people familiar with the matter said, ending a months-long hiatus that put the world's largest mobile gaming arena on edge.
Bloomberg:
Despite Amazon spending almost a decade and $2B+ developing drone delivery services, sources say it's still beset by technical challenges, safety concerns, more  —  Jeff Bezos went on 60 Minutes in 2013 and pledged to fill the skies with a fleet of delivery drones that could zip parcels to customers' homes in 30 minutes.

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Apoorva Mittal / The Economic Times:
Madhumita Murgia / Financial Times: