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April 29, 2022, 11:55 AM
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| Reuters: |
Sources: Elon Musk has lined up a new CEO for Twitter and told banks about ideas for monetizing tweets like charging a fee for quoting or embedding tweets — Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc (TWTR.N) that he could crack down on executive …
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The Economic Times, TechCrunch, Gizmodo, Wall Street Journal, Los Angeles Times, Neowin, Protocol, TNW, Financial Times, Silicon Republic, and Benzinga
Tweets: @somebadideas, @tomgara, @damienmulley, @ellievhall, @onechrisedwards, @sebastianmurdoc, @reckless, @teddy_brosevelt, @gormoexjourno, @davidmackau, @jon_greenberg, @benfischersbj, @blehayne, @bmkibler, @jonhumbert, @matthew_d_green, @jkarsh, @4evernevertrump, @paultassi, @nycsouthpaw, @icehockeystick, @eriqgardner, @stribs, @austinflack, @proforganizer, @edbott, @wavesblog, @stand_for_all, @davoyager, @venkatananth, @dylanreeve, @societyofhonor, @omarjsakr, @peterkwells, @peeotus8, @econreporter, @tomwarren, @ppavnr, @ianbetteridge, @business_today, @kirbeep, @upulie, @tyleraking, @andyboxall, @readkrystalhu, @alexhern, @marypcbuk, @karissabe, and @davidrlurie. Thanks:@readkrystalhu
| CNBC: |
Filings: Elon Musk sold roughly $8.4B worth of Tesla shares this week after agreeing to buy Twitter — - Elon Musk sold roughly $8.4 billion worth of Tesla shares in the days following his bid to take Twitter private, according to filings with the Securities and Exchange Commission.
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Bloomberg, CNBC, BBC, archive.fast-edgar.com, Finbold, TheStreet, TechCrunch, Variety, Forbes, Wall Street Journal, TIME, Financial Times, Benzinga, Aarav's Newsletter, City A.M., New York Post, The Economic Times, Electrek, Mashable, Hollywood Reporter, Tech in Asia, and Saumya's Newsletter
Tweets: @elonmusk, @parismarx, @robtfrank, and @tedkempcnbc
| Adam Serwer / The Atlantic: |
Right-wing users are celebrating Elon Musk buying Twitter not because of his “free speech” promises but because of the right-wing populist agenda it could serve — Conservatives on Twitter have greeted Elon Musk as a liberator. The mega-billionaire is in the process of purchasing …
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Tech Policy Press, Newcomer, Bloomberg, Bloomberg, and Mashable
Tweets: @elonmusk, @nickmartin, @adamstein, @franklinleonard, @robschneider, @darren_mooney, @philthatremains, @laseletzky, @gregabbott_tx, @michele_norris, @mollyjongfast, @ericnewcomer, @gaberivera, @ericnewcomer, @contrapoints, @davekarpf, @brendannyhan, @paulg, @ericnewcomer, @indivisibleteam, @oneunderscore__, @mehdirhasan, @charlesarthur, and @danahull
| Bloomberg: |
Sources: during Twitter deal negotiations, Elon Musk said he would be focused on the company's bottom line and floated the idea of cutting both costs and jobs — As he negotiated a $44 billion deal to acquire Twitter Inc., Elon Musk told bankers that he would be focused …
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TechCrunch, Washington Post, New York Post, Newser, The Verge, Financial Times, Insider, The Guardian, Benzinga, International Business Times, and Tech Xplore
Tweets: @michaeldell, @goldman, @kbandersen, @ishaantharoor, @reckless, @kairyssdal, @dudejohan, @ivanthek, @carnage4life, @danprimack, @lopezlinette, and @goldman
| Business Wire: |
Apple reports Q2 revenue of $97.3B, up 9% YoY, $25B net income, up from $23.6B YoY, authorizes an additional $90B in share repurchases, and hikes dividend by 5% — Revenue up 9 percent to new March quarter record — Services revenue reaches new all-time high
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Barron's Online, Bloomberg, Your Apple Update, MacDailyNews, Coinspeaker, Macworld, and iThinkDifferent
Tweets: @jsnell, @jsnell, @neilcybart, @kirkburgess, @stevekovach, @asymco, @darth, @darth, @inafried, @iansherr, @neilcybart, @ryanreith, @neilcybart, @caro_milanesi, @iansherr, @epro, @benbajarin, @susanlitv, @anthony, and @kfury
| Kif Leswing / CNBC: |
Apple Q2 revenue: $50.57B from iPhone, up 5.5% YoY, $10.44B from Mac, up 14.7% YoY, $7.65B from iPad, down 1.9% YoY, and $8.8B from other products, up 12.4% YoY — - Apple's revenue grew nearly 9% year over year during the quarter ended in March. — But shares fell nearly 4% …
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The Verge, Wall Street Journal, AppleInsider, MacRumors, 9to5Mac, Ars Technica, Fossbytes, Coinspeaker, Transistori, and Six Colors
Tweets: @jsnell, @cnbc, @cnbcnow, @brandonbutch, @htsfhickey, @neilcybart, @neilcybart, @neilcybart, @munster_gene, @munster_gene, @asymco, @neilcybart, @jimcramer, @kifleswing, @jsnell, @jsnell, @jsnell, @kantrowitz, @joannastern, @wsj, @jyarow, @samifathi_, @jyarow, and @alex
| Reuters: |
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The Wrap, Silicon Valley Business …, and Silicon Republic
Tweets: @asymco, @patrickmcgee_, @asymco, @greengart, @caro_milanesi, @asymco, @daveleeft, and @patrickmcgee_
| Devin Coldewey / TechCrunch: |
Airbnb says its employees can work from home or the office moving forward and their compensation won't change if they move, unless it's to a different country — Airbnb is going all in on the “live anywhere, work anywhere” philosophy that much of the business world has been forced to adopt …
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Airbnb Newsroom, PYMNTS.com, TNW, New York Times, TechRadar, The Week, The Verge, CNBC, Engadget, and The Home Office
| Tracy Qu / South China Morning Post: |
Sources: China is preparing to end the regulatory crackdown over big tech and give the sector a bigger role to help boost the ailing economy — A symposium involving Chinese Big Tech has been scheduled after the Labour Day holiday to assure business leaders on the new direction …
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Wall Street Journal, PYMNTS.com, Benzinga, and Bloomberg
Tweets: @schuldensuehner, @carnage4life, @tradeflooraudio, @charlesmok, @briantycangco, and @borlawbau
| Jennifer Pattison Tuohy / The Verge: |
Report finds Amazon and third parties collect data from interactions with Alexa through Echo speakers and share it with as many as 41 advertising partners — Amazon and third parties use data from smart speakers to sell you stuff, says report — A report released last week contends …
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9to5Mac, KnowTechie, PCMag, MediaNama, and Fossbytes
Tweets: @emmamashford, @rikefranke, @kumarmanish9, @dtemkin, @civilianzero, @shonaghosh, and @fabiochiusi
| Yueqi Yang / Bloomberg: |
Goldman Sachs has extended its lending service to offer cash loans using Bitcoin as collateral, signalling Wall Street is further embracing cryptocurrencies — Goldman Sachs Group Inc. offered its first ever lending facility backed by Bitcoin, in a significant step for a major U.S. bank …
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CoinDesk, Cryptopolitan, CryptoPotato, The Rabbit Hole⁸, Coinspeaker, and Cryptonews
Tweets: @muyaoshen, @marcvanderchijs, and @johnhenderson
| Business Wire: |
Amazon reports Q1 revenue up 7% YoY to $116.4B, $3.8B net loss vs. $8.1B net income in Q1 2021, and AWS revenue up 37% YoY; stock down 10%+ on weak Q2 guidance — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2022.
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TechCrunch, The Register, Reuters, InfoWorld, The Verge, Light Reading, Music Ally, CNBC, and PYMNTS.com
Tweets: @thestalwart, @tcarmody, @thestalwart, @jusagichan, @kennwhite, @jerrycap, @jerrycap, @plantmath1, @pkedrosky, @justin_hart, @delrey, @markdistef, @trendspider, @garyblack00, @tcarmody, @unusual_whales, and @epro
| Annie Palmer / CNBC: |
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The Register, DCD, Coinspeaker, iTnews, and The Verge
Tweets: @quinnypig, @quinnypig, @quinnypig, @carnage4life, and @cnbcnow
| Alex Hern / The Guardian: |
Snap CEO Evan Spiegel dismisses Meta's metaverse ambitions as “ambiguous and hypothetical” and says the word “metaverse” is never uttered in Snap's offices — Founder says his company is committed to augmenting the real world rather than replacing it
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The Verge, KnowTechie, Insider, Gerick News, Protocol, and Silicon Republic
Tweets: @yoda, @gloeckler, @amaldorai, @mgsiegler, @alexeheath, @ernestc_smitten, @mr_derivatives, @tfadell, @mcwm, @jerrycap, @liahaberman, @mattnavarra, and @daveleeft
| Joanna Stern / Wall Street Journal: |
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Snap Newsroom, ZDNet, Digit, and Thinking Through
Tweets: @heatherkelly, @jeremyburge, @petersterne, @teroterotero, @robaeprice, @counternotions, and @joannastern
| Romain Dillet / TechCrunch: |
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The Verge, newsroom.snap.com, IGN, Android Authority, Newslit Daily, Insider, Mashable, YouTube, AppleInsider, Music Ally, and Android Police
Tweets: @caseynewton, @mattnavarra, @cszechy, @sabourmaryam, @vadimyuryev, @droneanalyst, @alexeheath, @libshipwreck, @itsalexclark, @hypervisible, @harrymccracken, @reckless, @vjeranpavic, @dcseifert, @pierce, @bigblackjacobin, @casey, @pt, @qwongsj, @brianroemmele, @alexeheath, @awallenstein, @joannastern, @alexhern, @mgsiegler, @sarahintampa, and @jetscott
| Kate Clark / The Information: |
Sources: Palmer Luckey's AI-powered defense tech startup Anduril is raising a $500M-$1B Series E at a $7B valuation, up from $4.6B about a year ago — Anduril Industries, a startup that sells artificial intelligence-powered defense technology, is raising capital that could propel … | Wall Street Journal: |
Sources: online used-car marketplace Carvana, which saw its shares drop ~30% in recent weeks, was forced to sell half of its bonds to Apollo Global for $1.6B — Online used-car retailer was spurned by lenders to fund deal — Carvana Co. 's financial troubles spilled over into debt markets …
Tweets: @jodixu, @wampummining, @blue_chip1, and @wsjcfo
| Linda Sui / Strategy Analytics: |
Strategy Analytics: global smartphone shipments fell 11% YoY in Q1; Samsung led the market with a 24% share, a five-year high, and Apple had an 18% share — According to new research from Strategy Analytics, global smartphone shipments fell -11% YoY to 314 million units in Q1 2022.
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CRN, canalys.com, AppleInsider, 9to5Mac, Gizchina, MacRumors, Counterpoint Research, Fossbytes, and Sammy Fans
| Jesse Pound / CNBC: |
Robinhood reports Q1 revenue down 43% YoY to $299M, vs. $355.8M est., net loss of $392M, down from $1.4B YoY, 15.9M MAUs, down from 17.7M YoY — Retail brokerage firm Robinhood reported a wider-than-expected loss and shrinking revenue for the first quarter, showing signs that the small-dollar trading boom …
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Robinhood, TechCrunch, Wall Street Journal, Cointelegraph, SiliconANGLE, Forbes, and PYMNTS.com
Tweets: @kevinkellyintel, @carnage4life, @unusual_whales, and @cnbc
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