Techmeme
April 4, 2022, 1:10 PM

Top News

Bloomberg:
Filing: Elon Musk takes a 9.2% passive stake in Twitter, worth ~$2.89B at Friday's market close, becoming its largest shareholder; Twitter's stock is up 26%+  —  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.
Reuters:
Sources: Truth Social CTO Josh Adams and product chief Billy Boozer have quit, following the troubled launch of the Trump-backed social network on iOS  —  The two Southern tech entrepreneurs had the two qualities that Donald Trump's Truth Social startup needed: tech-industry expertise …
Lily Russell-Jones / City A.M.:
UK Chancellor Rishi Sunak asks the Royal Mint to issue an NFT by the summer, as the Treasury plans a “forward-looking approach” towards crypto assets  —  The Treasury has announced plans to dive into the crypto space with the launch of an official NFT later this year.
Aaron Schaffer / Washington Post:
The US State Department announces the Bureau of Cyberspace and Digital Policy, starting with 60+ staff and plans to add 30 more in 2022  —  Nearly 100 people will staff a new cyber bureau at the State Department  —  Today, the State Department is launching its long-awaited cyberspace and digital policy bureau.
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.
Asa Fitch / Wall Street Journal:
AMD plans to acquire networking chip maker Pensando for $1.9B in cash, aiming to compete with Nvidia and Intel's data center tech  —  Acquisition would bolster AMD's offerings for the fast-growing data-center market  —  Advanced Micro Devices Inc. plans to buy chip and software startup Pensando Systems Inc …
Andrew Webster / The Verge:
Fortnite raises $144M for Ukraine relief, after Epic Games announced two weeks ago that all proceeds from the game would be donated to humanitarian efforts  —  The fundraising effort has ended after two weeks  —  In two weeks, Fortnite has raised a total of $144 million for Ukraine relief efforts.
Jessica Rizzo / Wired:
As the first cases involving NFTs hit court dockets, a look at the issues, including outright scams, gaps in securities regulation, and contract enforcement  —  As the first cases involving NFTs hit the dockets, courts will decide questions around ownership, art, and commerce.

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference  —  Stop preparing for agents.  Start running them.  100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
The 90-day recognition cliff: Why praise programs fade, and what keeps them alive  —  Recognition programs often start with enthusiasm.  Employees participate, managers share shoutouts, and teams have a new way to celebrate achievements.
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.

Featured Podcasts

Big Technology Podcast:
SAP CEO: AI Won't Kill Software, But It Will Change Your Job — With Christian Klein
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
David Ellison's Paramount-Warner Empire & The Fight That Comes Next
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Sources:
Factory CEO on why AGI is already here
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Invest Like the Best:
Noah Shinn - Building Instinct: The Personal Agent
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
The grief, loneliness, and burnout sweeping through the tech industry right now | Molly Graham
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.
Great Chat:
Doomers at Dreamforce
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:10 PM ET, April 4, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

NBC News:
Mark Gurman / Bloomberg: