Techmeme
April 5, 2022, 2:25 PM

Top News

Jessica Bursztynsky / CNBC:
Twitter appoints Elon Musk to its board after he bought a 9.2% stake in the company; Musk cannot own over 14.9% of common stock during his term or 90 days after  —  - 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.
Matt Levine / Bloomberg:
Bloomberg:
Tom Warren / The Verge:
Microsoft will let Windows 11 PCs boot straight to Windows 365 Cloud PCs and switch between cloud and native desktops using the virtual desktops feature  —  Windows is getting even more cloud-powered features  —  Microsoft put PCs in the cloud with Windows 365 last year …
Tom Warren / The Verge:
Janko Roettgers / Protocol:
Plex updates its app with universal search across a user's streaming services, a watchlist, and other discovery features; the company 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 …
Juli Clover / MacRumors:
Apple announces WWDC 2022 will be held from June 6 through June 10 as a virtual event; Apple will host an invite-only watch party on June 6 at Apple Park  —  Apple today announced that its 33rd annual Worldwide Developers Conference is set to take place from Monday, June 6 to Friday, June 10.
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 …
Ken Klippenstein / The Intercept:
The Information:
Sources: one-click checkout startup Fast is shutting down entirely, after having raised $120M from backers including Stripe, Index Ventures, and Addition  —  One-click checkout startup Fast is shutting down entirely and will discontinue its products and brand, according to several people familiar with the matter.
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.
TechCrunch:
Apple confirms that it has been piloting a feature with Disney+ that would let developers automatically charge users for subscription price increases  —  Apple may be changing how iOS subscriptions operate when price increases are involved.  Recently, some developers noticed …
Loren Grush / The Verge:
Amazon's Project Kuiper books up to 83 satellite launches on three rockets over five years for 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 …
Olga Kharif / Bloomberg:
CryptoSlam: around 95%, or $18B, of the total trading volume on NFT marketplace LooksRare are users selling tokens to earn rewards, not genuine NFT trades  —  A closer look at the LooksRare platform that has quickly become the leading NFT marketplace by trading volume shows that most of the activity …
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.
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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