| Vlad Savov / Bloomberg: |
Highlighting China's importance to Tesla, Jeff Bezos asks if Elon Musk's Twitter takeover gives the Chinese government “a bit of leverage over the town square” — Amazon.com Inc. founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44 billion takeover of Twitter Inc. … | Bloomberg: |
Sources: Twitter locked down product updates through Friday to limit unauthorized changes by miffed employees after accepting Elon Musk's $44B bid — Twitter Inc. locked down changes to its social networking platform through Friday after accepting a $44 billion bid from billionaire Elon Musk … | Mike Masnick / Techdirt: |
Twitter has aggressively defended users' privacy and free speech rights, pushing back on unmasking subpoenas; it's unclear if this will continue under Musk — For all the talk of how Elon Musk wanted to buy Twitter to make it more supportive of free speech, there remain a ton of questions about what it will actually mean in practice.| Javier Espinoza / Financial Times: |
EU internal market commissioner Thierry Breton warns Elon Musk that Twitter must follow the new Digital Services Act rules or face fines or even a ban in Europe — EU commissioner Thierry Breton tells Tesla chief executive: ‘Elon, there are rules’ — Brussels has warned Elon Musk … | @jack: |
| Financial Times: |
| Politico: |
| Casey Newton / Platformer: |
| Ranjan Roy / Margins: |
| Alphabet - Investor Relations: |
| Robert Hof / SiliconANGLE: |
Google Cloud hit $5.82B in Q1 sales, up from $4.05B YoY and above estimates of $5.75B, and an operating loss of $931M, down from $974M YoY — A slowdown in spending on advertising amid the Russian war on Ukraine and the continuing pandemic took a small toll on Google parent Alphabet Inc. today … | Kif Leswing / CNBC: |
Alphabet says that its board of directors authorized $70B in share repurchases, a major step up from 2021's $50B authorization and 2019's $25B authorization — - Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases, a major step up from last year's authorization … | Microsoft - Investor Relations: |
| Under the Hood: |
Robinhood plans to let go of ~9% of its full-time employees, after growing its headcount from 700 to nearly 3,800 from 2019 to 2021; stock drops ~5% after hours — Robinhood CEO Vlad Tenev shared the below to Robinhood employees following a company-wide meeting to discuss the changes.| Jon Porter / The Verge: |
Google rolls out Android 13 Beta 1, which adds developer-focused features like more granular permissions for media files and anticipatory audio routing APIs — The first public beta is here — The first public beta of Android 13 is now available for anyone with a compatible Pixel device … | Sarah Perez / TechCrunch: |
Google launches privacy “nutrition labels” for Play Store apps; developers have until July 20 to disclose security practices and the data their apps collect — Google Play is today officially launching its own version of privacy-related “nutrition labels” for apps.| Filipe Espósito / 9to5Mac: |
Newly issued beta firmware for Apple's Studio Display offers only incremental webcam quality improvements, while the main culprit may be the ultra-wide lens — When Apple announced Studio Display, it promised “sensational” webcam quality. However, as customers got their hands on the product … | Lorenzo Franceschi-Bicchierai / VICE: |
A leaked document written by some Facebook ad team privacy engineers: Meta has an inadequate level of “control and explainability over how our systems use data” — “We do not have an adequate level of control and explainability over how our systems use data,” Facebook engineers say in leaked document.| Lauren Forristal / TechCrunch: |
Sensor Tower: TikTok was the most downloaded app globally in Q1 2022, passing 3.5B all-time downloads, followed by Instagram, Facebook, WhatsApp, and Telegram — TikTok is one of the world's fastest-growing social media platforms. Sensor Tower recently released its “Q1 2022 … | Anne Tergesen / Wall Street Journal: |
Fidelity will let retirement savers allocate up to 20% of their 401(k) accounts to bitcoin later in 2022, the first major US retirement plan provider to do so — Investment giant's move could send cryptocurrency investing further into mainstream if employers decide to offer option| Lizette Chapman / Bloomberg: |
Authentic Brands Group, which runs Forever 21, sues payments startup Bolt claiming $150M+ in lost online sales; Authentic is Bolt's most prominent customer — Bolt Financial Inc., the payments startup known for its founder's inflammatory Twitter threads claiming Silicon Valley is run by …
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| Osato Avan-Nomayo / The Block: |