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May 6, 2022, 9:50 AM
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| Dan Primack / Axios: |
Filing: Elon Musk raises $7.14B for his Twitter bid from Saudi Prince Alwaleed, Larry Ellison, Sequoia, VyCapital, Binance, a16z, and others; Ellison gives $1B — Elon Musk on Thursday disclosed a group of co-investors in his Twitter takeover. The names are impressive, but most of their check sizes aren't.
Source:
SEC.gov. More:
BuzzFeed News, Finbold, New York Times, Bloomberg, Protocol, Wall Street Journal, Financial Times, Silicon Canals, Grit Capital, Insider, New York Times, VICE, Protocol, SiliconANGLE, Coinspeaker, The Block, Angeline's Thoughts, Bloomberg, Silicon Republic, TechCrunch, CoinDesk, The Hollywood Reporter, Forbes, DealStreetAsia, Bitcoin News, UPI, Junghoon's Direct Media …, Social Media Today, Reuters, The Register, The Mac Observer, Axios, CNN, Ars Technica, BBC, Bloomberg, PYMNTS.com, San Francisco Business Journal, Channel Futures, iMore, CNBC, Crunchbase News, iPhone in Canada Blog, Newser, Agence France-Presse, Bloomberg, Bloomberg, Cryptopolitan, Bloomberg, TIME, Silicon Republic, CNBC, Cointelegraph, RTÉ, CoinQuora, MarketWatch, The Irish Times, Financial Times, and The Week
Tweets: @bhorowitz, @alwaleed_talal, @bhorowitz, @petermccormack, @rmac18, @markdistef, @markdistef, @bhorowitz, @mikeisaac, @bigblackjacobin, @cz_binance, @digg, @kurtwagner8, @seldo, @maggienyt, @danprimack, @jack, @arashmassoudi, @katie_roof, @ryangrim, @eringriffith, @alexstamos, @danprimack, @pt, @noupside, @mehdirhasan, @rschooley, @moorehn, @mmasnick, @tomaxwell, @bhorowitz, @alexstamos, @mattbc, @binance, @taylorlorenz, @benwerd, @rmac18, @sarahfrier, @benedictevans, @mmasnick, @mcnees, @carnage4life, @tonyfratto, @anildash, @loganbartlett, @teresa_longwell, @mattturck, @maxkennerly, @gartenberg, @danprimack, @ryan_browne_, @alex, @kantrowitz, @teroterotero, @karlbode, @carnage4life, @silvermanjacob, @coloradotravis, @shaig, @vladsavov, @patrickw, @ericjackson, @thedomino, @jsphctrl, @macaesbruno, @pekingmike, @nkulw, @loudmouthjulia, @loudmouthjulia, @dearsarah, @muradahmed, @peter_tl, @sridinats, @danprimack, @firstadopter, @ivanthek, and @danprimack
| Echo Wang / Reuters: |
Legal experts say Musk's new funding for Twitter could draw scrutiny from CFIUS for potential national security risks, the kind that TikTok faced — Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter Inc (TWTR.N) runs the risk of inviting … | New York Times: |
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The Verge, Social Media Today, Input, Insider, Forbes, Forkast, New York Post, and Bloomberg
Tweets: @digitalshields, @intelwire, @slpng_giants, @tiffkhsu, @bmorrissey, @kateconger, @ggreenwald, @accountabletech, @tsgiles, and @lmoses
| Wall Street Journal: |
Whistleblowers: Meta deliberately took down Pages for hospitals and other Australian institutions in 2021 as a negotiating tactic over the news bargaining law — When Facebook blocked news pages last year to pre-empt Australian legislation that would force it to pay for content …
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XDA Developers, Australian Financial Review, Benzinga, The Verge, The Terminal, The Overspill, CNBC, SiliconANGLE, The Age, CNET, The Register, The Guardian, and Engadget
Tweets: @andymstone, @jason_kint, @bethblackshire, @juliapowles, @donie, @stalruth, @francesmao, @donie, @anthony, @wbaidlaw, @anildash, @drewpusateri, @jason_kint, @manjusrii, @aaschapiro, @jasonpjason, @anthony, @zaidjilani, @jason_kint, @jeffhorwitz, @jeffhorwitz, @mikeelgan, @sophiemcneill, @jason_kint, @asymco, @jason_kint, @jason_kint, @jason_kint, @jason_kint, @jason_kint, @jesselehrich, @lauraedelson2, and @reaganbrad
| Aislinn Keely / The Block: |
The CFTC orders BitMEX's three cofounders to pay $10M each for not registering with the agency, and failing to implement anti-money laundering and KYC checks — The Commodity Futures Trading Commission (CFTC) has hit the founders of crypto exchange BitMEX with a total of $30 million in civil monetary penalties.
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CFTC, Bloomberg, Reuters, CFTC, Cryptopolitan, Coinspeaker, CryptoSlate, Cointelegraph, CryptoPotato, Crowdfund Insider, and Decrypt
| Michael Bellusci / CoinDesk: |
Block Q1: revenue down 22% YoY to $3.96B, vs. $4.1B est., profit up 34% YoY to $1.29B, and Cash App bitcoin revenue down 51% YoY to $1.73B; stock is down 5%+ — Fintech and digital payments giant Block Inc. (SQ) reported first-quarter earnings that missed analyst expectations on Thursday … | Bloomberg: |
Sources: China has ordered government agencies and state-backed companies to replace foreign PCs with domestic ones running local OSes in two years — China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers with domestic alternatives within … | MK Manoylov / The Block: |
Untamed Planet, which uses Roblox to create nature-themed games incorporating NFTs, raises a $24.3M Series A led by Animoca Brands — Untamed Planet, a blockchain-based gaming startup, raised $24.3 million in a Series A funding round led by Animoca Brands.| Ian Sherr / CNET: |
Microsoft partners with Epic to offer Fortnite for free through Xbox Cloud Gaming, with or without a subscription, across Android, iOS, iPadOS, and Windows PCs — The tech giant is experimenting with offering free-to-play games through its streaming service.
More:
Xbox Wire, YouTube, GamesIndustry.biz, The Verge, SamMobile, Philip Elmer‑DeWitt, Gamereactor UK, MacRumors, Protocol, TechRadar, iPhone in Canada Blog, Gizmodo, TechEBlog, iDownloadBlog.com, iMore, AppleInsider, 9to5Mac, OnMSFT.com, BigTechWire, Polygon, purexbox.com, and Twinfinite
Tweets: @timsweeneyepic, @xbox, @starfire2258, @tomwarren, @satyanadella, @tomwarren, @jamescz19, @avoblackfyre, @bdsams, @timsweeneyepic, @dankvr, @bdsams, @slightlylate, @udiwertheimer, @zacbowden, @firt, @slightlylate, @pathedger18, @tomwarren, and @wario64. Thanks:@iansherr
| James Clayton / BBC: |
The UK's DCMS plans to give the Digital Markets Unit powers to clamp down on Big Tech's “predatory practices”, following reports the UK shelved such plans — Large tech companies such as Google and Facebook will have to abide by new competition rules in the UK or risk facing huge fines, the government said.
More:
Reuters, Press Gazette, 9to5Mac, GOV.UK, The Guardian, and Global Competition Review
Tweets: @jamesclayton5 and @jamesclayton5
| Reuters: |
Pachama, which uses AI and remote sensing to verify forest carbon credits, raises a $55M Series B led by Future Positive — Nature-based carbon credit platform Pachama said on Thursday it had raised $55 million in a funding round led by venture capital firm Future Positive and backed … | Aditya Kalra / Reuters: |
Sources: an Indian court puts a hold on the Enforcement Directorate's decision last week to seize $725M of Xiaomi's local assets — An Indian court has put on hold a federal enforcement agency's decision to seize $725 million from local bank accounts of China's Xiaomi Corp (1810.HK) …
Tweets: @adityakalra
| Alexandra Garfinkle / Yahoo Finance: |
An interview with a part-time employee who earns $10/hour at RaterLabs, a Google subcontractor evaluating search and ad-placement results for accuracy — Google Search may feel like magic, but the engine's efficacy relies on hourly employees who work for a subcontractor.Sponsor Posts
Niantic Spatial:
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
Meet Zoho Books MCP: Bring AI-powered accounting to your business — Isn't change the only constant? And that holds true for accounting too. For years, accounting software has helped businesses manage their finances …
Meet Zoho Books MCP: Bring AI-powered accounting to your business — Isn't change the only constant? And that holds true for accounting too. For years, accounting software has helped businesses manage their finances …
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.
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.
Anuma:
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.Featured Podcasts
Lenny's Podcast:
Why cultivating agency matters more than cultivating skills in the AI era | Max Schoening (Head of Product, Notion)
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:
OpenAI's User Growth Miss, Musk vs. Altman, Prediction Market Ban
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Training Data:
OpenAI's Greg Brockman: Why Human Attention Is the New Bottleneck
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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The Upstarts Podcast:
Runway's Cris Valenzuela: Building The Hollywood-Friendly Video AI That OpenAI Couldn't
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Hard Fork:
OpenAI's Big Reset + A.I. in the Doctor's Office + Talkie, a pre-1930s LLM
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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