| Jessica Bursztynsky / CNBC: |
Twitter appoints Elon Musk to its board after Musk purchased a 9.2% stake in the company; Musk cannot own more than 14.9% of Twitter while on the board — - Elon Musk will join Twitter's board of directors after taking a 9.2% stake in the social media company, according to a release filed with the SEC.| Bloomberg: |
Filing: Elon Musk acquires a 9.2% stake in Twitter, worth ~$2.89B at Friday's market close, becoming its largest shareholder; Twitter shares rise 27.2% — 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.| Matt Levine / Bloomberg: |
If Elon Musk wants to change Twitter with his stake, he might have to gesture in the direction of ESG or profitability to get other shareholders to support him — Programming note: Money Stuff was supposed to be off today but, Elon. So here we are. — Oh Elon| Edward Ongweso Jr / VICE: |
A look at Axie Infinity “managers”, who loan in-game NFTs to other players in exchange for a cut of any profits and depend on a constant influx of new players — Managers in play-to-earn game Axie Infinity employ large teams of “scholars” who can't afford their own NFTs even as the game's economy spirals.| Sidhartha Shukla / Bloomberg: |
| Ken Klippenstein / The Intercept: |
Internal Amazon documents show its planned internal messaging app would block union-related words, including “union”, “grievance”, and “pay raise” — Amazon will block and flag employee posts on a planned internal messaging app that contain keywords pertaining … | Loren Grush / The Verge: |
Amazon's Project Kuiper books 83 satellite launches over five years to deploy most of its 3,236 satellites, which will beam internet to earth — The subsidiary is partnering with Arianespace, ULA, and Blue Origin — Project Kuiper — Amazon's planned internet-from-space initiative … | Mary Jo Foley / ZDNet: |
Microsoft announces a preview of ARM-based chips for Azure virtual machines, using Ampere Altra CPUs — It's been a long time coming, but Microsoft is making available a preview of Azure VMs supporting Arm-based processors from Ampere. — It's been a long road, but Microsoft announced … | Eliza Gkritsi / CoinDesk: |
German police shut down darknet market Hydra Market, which had €1.23B in 2020 revenue, and seize 543 bitcoins — The Hydra Market's bitcoin privacy mixer complicated the investigation, police said. — German authorities seized $25 million in bitcoin (BTC) as they shut down Hydra Market … | Eric Newcomer / Newcomer: |
Crypto investment firm Paradigm says it has $13.2B under management, up 343% from December 2020; a16z has $54.6B, Sequoia $85.5B, and Tiger Global $124.7B — Andreessen Horowitz AUM rises 53% to $54.6 billion — In previously unreported financial filings, some of the technology industry's … | Hema Parmar / Bloomberg: |
| Taylor Lorenz / Washington Post: |
A look at subreddit r/Place, which lets users build collective art by posting a colored pixel every five minutes and had 72M tiles placed by Sunday night — Since last Friday, millions of Reddit users have banded together to collectively generate a massive, collaborative piece of artwork that has become a viral phenomenon.| Janko Roettgers / Protocol: |
Plex updates its app with universal search across a user's subscription services, a watchlist, and other discovery features; the service says it has 13M MAUs — Plex has an audacious plan to become the daily go-to app for everyone's streaming needs: The media center app rolled out new universal search … | Lawrence Abrams / BleepingComputer: |
Mailchimp discloses a breach where hackers accessed 319 accounts and stole “audience data” from 102 clients; phishing scams of crypto users quickly followed — Email marketing firm MailChimp disclosed on Sunday that they had been hit by hackers who gained access to internal customer support … | Carly Page / TechCrunch: |
Filing: Block confirms a data breach involving a former employee downloading reports from Cash App that contained some US customer information — Block has confirmed a data breach involving a former employee who downloaded reports from Cash App that contained some U.S. customer information.| Bloomberg: |
FTX makes a “significant” investment in stock exchange IEX, made famous by Michael Lewis' “Flash Boys”; IEX represented 2.7% of US equities volume in March — Crypto exchange FTX US agreed to take a stake in IEX Group Inc., owner of the stock exchange made famous by … | Romain Dillet / TechCrunch: |
Tinybird, which runs real-time analytics APIs for companies, raises a $37M Series A led by CRV and Singular Ventures — Tinybird has raised a $37 million Series A round led by CRV and Singular Ventures. Your company may have stored a ton of data in a warehouse — everything is in there.
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| Emily Baker-White / BuzzFeed News: |
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