April 4, 2022, 8:10 AM

Top News

Filing: Elon Musk takes a 9.2% passive stake in Twitter, worth ~$2.89B, becoming its largest shareholder; Twitter shares rise about 26% in pre-market trading  —  Elon Musk has taken a 9.2% passive stake in Twitter, according to a 13G filing, Bloomberg News reports.  Twitter rose about 26% in pre-market trading.
Kollen Post / The Block:
Interview with Ukraine's Deputy Minister of Digital Transformation, who says the government's crypto donation platform has raised $70M+ as of April 1  —  Quick Take  — The Block spoke with Alexander Bornyakov, Deputy Minister of the Ukrainian Ministry of Digital Transformation.
Wall Street Journal:
How Brad Smith helps Microsoft avoid government scrutiny by being amicable with regulators while directing negative attention at the company's Big Tech rivals  —  President Brad Smith has taken an amicable role with regulators.  Rivals say he also directs negative attention toward them.
Mark Gurman / Bloomberg:
How Apple's rumored iPhone and other hardware subscriptions will squeeze more revenue from its users, and why the company may expand its financial services  —  Apple's in-the-works iPhone hardware subscription service will squeeze more revenue from its giant user base.
Neil Cybart / Above Avalon:
Eva Dou / Washington Post:
Huawei promotes CFO Meng Wanzhou, daughter of Huawei founder Ren Zhengfei, as one of three rotating chairs, six months after her detention in Canada  —  SHANGHAI — Chinese tech giant Huawei Technologies has promoted chief financial officer Meng Wanzhou to a key role just half a year …
NBC News:
US record keepers and watchdogs worry that Wickr and other messaging apps with auto-deletion help the CBP and other agencies sidestep transparency requirements  —  In October, Laurence Brewer, the chief records officer of the National Archives and Records Administration …
Alonso Soto / Bloomberg:
Spain plans an €11B investment to develop microchips and semiconductors, aiming to bolster its economic recovery and reduce its reliance on imported technology  —  Spain plans to invest 11 billion euros ($12.4 billion) to develop microchips and semiconductors as part of a series …
damsondao / P — Mirror:
Unpacking Terra's design for its algorithmic stablecoins and how partial collateralization using bitcoin reserves could impact its price stabilization mechanism  —  As Terra climbed crypto market cap rankings at the start of 2022 while most of the market dumped or stalled …

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