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April 5, 2022, 9:30 AM
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memeorandum
WeSmirchTop News
| 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.
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The Verge, Wall Street Journal, Forbes, CNN, Protocol, The Economic Times, TechCrunch, Wall Street Journal, Gizmodo, The Block, Bloomberg, SEC.gov, VICE, Deadline, The Wrap, Axios, Variety, The Hollywood Reporter, iMore, The Kitchen Pundit, and NBC News
Tweets: @paraga, @elonmusk, @paraga, @anildash, @deitaone, @jack, @nycsouthpaw, @nycsouthpaw, @btaylor, @lindseyboylan, @seyitaylor, @ggooooddddoogg, @jeffjarvis, @chillmage, @genepark, @micsolana, @timcast, @ljkawa, @karlbode, @ldrogen, @danprimack, @sherman4949, @thestalwart, @conorsen, @scottnover, @eric_seufert, @joshsternberg, @anildash, @anildash, @fintechfrank, @simonowens, @prestonjbyrne, @mayazi, @seyitaylor, @ferrotv, @silvermanjacob, @jonporty, @danprimack, @bennetttomlin, @sarthakgh, @martinsfp, @emilygorcenski, @modestproposal1, @packym, @lamonicabuzz, @alex, @modestproposal1, @sam_l_shead, and @twitterir
| 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.
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CNBC, U.S. S.E.C., Protocol, The Verge, New York Times, Wall Street Journal, Engadget, Benzinga, Reuters, Axios, Reuters, Wall Street Journal, Insider, BetaNews, NBC News, Cointelegraph, Cryptopolitan, 20 Percent Berlin, Foress Thrill, TechSpot, CryptoSlate, CNBC, Reason, WRAL TechWire, Gizchina, Bloomberg, TechRadar, CoinGape, Fossbytes, Vault, Livy's Newsletter, Dexerto, Bloomberg, Transistori, Digital Trends, Tech-pigułka, Mashable, The Post Millennial, The Shortcut, and Pocket-lint
Tweets: @paraga, @elonmusk, @elonmusk, @alexstamos, @boztank, @benthompson, @mahirzeynalov, @alexstamos, @alexstamos, @kchoudhu, @piersmorgan, @timobrien, @austen, @micsolana, @turnernovak, @wongmjane, @mikeloychik, @mmasnick, @liz_wheeler, @mcclure111, @austen, @tha_rami, @reckless, @yannispappas, @bridgetphetasy, @levie, @mims, @mims, @andrewyang, @edbott, @mgsiegler, @karaswisher, @bgrahamdisciple, @kept_simple, @kt_so_it_goes, @karlbode, and @reckless
| 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
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The Verge, Reuters, PCMag, Gotrade Daily, howardlindzon.com, Washington Post, BGR India, Alen's Newsletter, CoinJournal, Read Max, The Information, Khakis & Leather, and Politico
Tweets: @matt_levine, @edmundlee, @btlipschultz, @faizsays, @bloombergtv, @etbrooking, @anoushasakoui, @sarthakgh, and @pkafka
| 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.
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CNN. Tweets: @bigblackjacobin, @willoremus, @jonsarlin, @carnage4life, @benjysarlin, @molly0xfff, @bitfinexed, @ahcastor, and @obsoletedogma
| Sidhartha Shukla / Bloomberg: |
More:
Micky, Blockonomi, and Trilemma
Tweets: @tolstoybb, @edzitron, @motherboard, @taylorlorenz, @jason_koebler, @zenofdesign, and @bigblackjacobin
| 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 …
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Ars Technica, Engadget, The Economic Times, TechCrunch, DCD, GeekWire, About Amazon, TechCrunch, Livemint, CNBC, Bloomberg, About Amazon, Financial Times, and SpaceNews
Tweets: @jeff_foust, @jeff_foust, @thesheetztweetz, @thesheetztweetz, @ulalaunch, and @zsk
| 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 …
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Bloomberg, Metacurity, Finbold, BleepingComputer, Crypto Briefing, Associated Press, and CryptoSlate
Tweets: @dan_rowinski, @gossithedog, and @gossithedog
| 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 …
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TechCrunch, Cointelegraph, and PYMNTS.com
| Hema Parmar / Bloomberg: |
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Financial Times. Tweets: @data168, @madhavchanchani, @robinwigg, @alanjlsmith, @carnage4life, @hkanji, and @markminervini
| 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.
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Byteside and Mashable
Tweets: @hueypriest, @loudmouthjulia, @hkesvani, @waxy, @bigmeaninternet, @smpupdate, @taylorlorenz, and @anildash
| 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 …
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Plex, TechCrunch, 9to5Mac, MacRumors, and Digital Trends
| 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 …
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Trezor Blog, TechCrunch, Engadget, Decrypt, AppleInsider, 9to5Mac, Security Boulevard, Waivly, Decentraland, PC Gamer, The Hacker News, SiliconANGLE, Cointelegraph, Silicon Republic, The Register, Security Affairs, and CryptoSlate
Tweets: @trezor, @trezor, @veragejoecrypto, @thevladcostea, @hackerfantastic, @0xfoobar, @axieinfinity, @axieelon, @trezor, and @adam_k_levin
| 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 …
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The Block, CoinDesk, Decrypt, PR Newswire, and Cointelegraph
| 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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VentureBeat
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