| Annie Palmer / CNBC: |
Filing: Elon Musk has secured $46.5B to acquire Twitter, including $25.5B in debt financing via Morgan Stanley and other firms, and is exploring a tender offer — - Elon Musk is exploring whether to commence a tender offer for Twitter, according to a new securities filing.| Bloomberg: |
Elon Musk's free speech promise for Twitter follows years of silencing or punishing criticism at Tesla and SpaceX, including attacking staff trying to unionize — If Elon Musk is able to take over Twitter Inc., his biggest promise is to transform it into a platform for free speech with few restrictions … | Wall Street Journal: |
Sources: Meta is reviewing whether COO Sheryl Sandberg pressured the Daily Mail in 2016 and 2019 into killing stories about her then-boyfriend Bobby Kotick — Social-media executive, who dated the Activision Blizzard CEO, was part of campaign to persuade the U.K. tabloid to shelve a potential article| New York Times: |
Warner Bros. Discovery will shut down CNN+ on April 30, after its March 29 debut; sources: CNN+ had ~150K subscribers and was on pace to hit first-year goals — The new corporate owners of CNN are moving to end the new streaming service after a splashy debut.| Ryan Weeks / The Block: |
Binance begins enforcing tougher KYC checks, including proof of address, on Russian users with crypto holdings exceeding €10,000, following further EU sanctions — Crypto exchange Binance is enforcing tougher Know Your Customer (KYC) checks for Russian users after the latest wave of European Union sanctions.| Ingrid Lunden / TechCrunch: |
| MacKenzie Sigalos / CNBC: |
| Frank Chaparro / The Block: |
Andreessen Horowitz launches a16z Crypto Research, a lab focused on Web3 breakthroughs that can contribute to deployable code, led by academic Tim Roughgarden — Venture capital giant Andreessen Horowitz (a16z) is diving deeper into the crypto market with the launch of a new academic lab dedicated … | Taylor Soper / GeekWire: |
Amazon announces a $1B Industrial Innovation Fund to back companies of all stages developing customer fulfillment, logistics, and supply chain technologies — Amazon on Thursday announced a new $1 billion venture fund that the tech giant will use to back companies of all stages developing … | Cobie: |
Crypto staking evolved from rewards for collateralized coins validating blocks into a Ponzi scheme; Yuga Labs is effectively paying ApeCoin to hold ApeCoin — Recently, I was contacted by a member of the board of ApeCoin, which is the BAYC token's equivalent of a board of directors I guess.| Stephanie Bodoni / Bloomberg: |
After years of regulatory pressure, Google unveils “a full redesign” of its cookie consent banner in Europe, including a “reject all” button, starting in France — Alphabet Inc.'s Google said it's rolling out a new European-wide policy allowing users to more easily avoid … | Jon Porter / The Verge: |
Spotify now lets all creators in the US, the UK, Canada, Australia, and New Zealand upload video podcasts via Anchor, which Spotify acquired in February 2019 — After over a year of more limited tests — All creators in the US, UK, Canada, Australia, and New Zealand can now upload video podcasts … | Annie Palmer / CNBC: |
Amazon unveils Buy with Prime, which lets select third-party merchants use Amazon's shipping and logistics network to fulfill orders placed on their own sites — - Buy with Prime enables third party retailers to take advantage of Amazon's vast shipping and fulfillment network for orders placed on their own site.| MIT Technology Review: |
How AI data-labeling companies like Appen use cheap labor in crisis-ridden countries like Venezuela to manually tag videos, sort photos, and transcribe audio — It was meant to be a temporary side job—a way to earn some extra money. Oskarina Fuentes Anaya signed up for Appen … | Javier Espinoza / Financial Times: |
Sources: on Friday, the EU will unveil the Digital Services Act, which bans targeting users based on religion, gender, or sexual preferences, among other rules — Digital Services Act lays out rules for technology groups to keep users safe online — The EU is poised to unveil a law … | Logan Plant / IGN: |
Report: like Microsoft, Sony is working on letting partners insert ads into free-to-play PlayStation games, and giving players in-game items for watching ads — Sony is reportedly planning its own program to insert ads into games. — After last week's report that Xbox is looking to include … | Bloomberg: |
Filings: Apple spent $2.5M on US lobbying in Q1 2022, up 34% from $1.86M in Q4 2021; Google spent $2.96M in Q1, up 34% QoQ but flat YoY; Microsoft spent $2.5M — Apple Inc. spent a record quarterly high of $2.5 million on lobbying in the first three months of 2022 amid increased pressure … | Catarina Moura / The Block: |
Crypto mining company Crusoe Energy Systems, which uses excess natural gas typically burned as a waste product of oil extraction, raises a $505M Series C — Bitcoin miner Crusoe Energy Systems raised $505 million in a Series C round to accelerate the growth of its mining operations powered … | Sarah Perez / TechCrunch: |
Twitter tests suggesting third-party apps in its Twitter Toolbox, including Block Party, Bodyguard, and Moderate, when users block or mute in its web app — Company will third-party apps directly on Twitter itself — Twitter has a novel idea as to how to win back developer trust … | Christine Hall / TechCrunch: |
Mexico City-based Zubale, a marketplace for matching gig workers with e-commerce fulfillment jobs in Latin America, raises a $40M Series A led by QED Investors — The e-commerce market in Latin America has been gaining traction over the past two years and is poised to double in size and be valued at more than $100 billion by 2025.| Canalys: |
India's smartphone market grew just 2% YoY in Q1 2022 with 38M shipments; top vendor Xiaomi fell 24%, Samsung fell 2%, while Realme grew 40% — Shanghai (China), Bengaluru (India), Singapore, Reading (UK) and Portland (US) - Thursday, 21 April 2022 — Vendors shipped 38. million smartphones … | Anushree Dave / The Block: |
Flipside Crypto, which provides blockchain analytics and business intelligence to crypto companies, raises $50M led by Republic Capital at a $350M valuation — Quick Take — The funding round, led by Republic Capital, values the company at $350 million.| Wall Street Journal: |
A look at Russia's efforts to promote homegrown social media like Rutube and VKontakte, even as local content creators choose to stick with Western services — Kremlin cracks down on Western social media, but Russia's homemade alternatives are a tough sell
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| Chris Metinko / Crunchbase News: |
| Apoorva Mittal / The Economic Times: |
| New York Times: |
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