April 6, 2022, 9:45 AM

Top News

Casey Newton / Platformer:
With Musk on the Twitter board, Parag Agrawal may struggle to balance his own vision against that of an unpredictable board member with a much louder megaphone  —  Task #1: undermine CEO, consolidate power  —  Today, let's talk about what Elon Musk means for the future of Twitter.
Jillian Ward / Bloomberg:
Elon Musk refiles the SEC disclosure of his Twitter stake to classify himself as an active investor; Musk bought his stake in cash from January 31 to April 1  —  Elon Musk refiled the disclosure of his stake in Twitter Inc. to classify himself as an active investor, making the change …
Twitter says it has been working on an edit tweet option since last year and will start testing the feature in Twitter Blue Labs in the coming months  —  now that everyone is asking... yes, we've been working on an edit feature since last year! no, we didn't get the idea from a poll 😉 we're kicking off testing within @TwitterBlue Labs in the coming months to learn what works, what doesn't, and what's possible.
Vishal Chawla / The Block:
Sky Mavis, which runs Axie Infinity, raises $150M led by Binance, with participation from Animoca, a16z, and others, to reimburse users after the Ronin exploit  —  Sky Mavis, the creator of play-to-earn game Axie Infinity, has raised $150 million to reimburse its users who lost funds during …
Crystal Kim / Bloomberg:
MicroStrategy uses a loan against its bitcoin holdings to buy $190.5M more bitcoin, a first for the company; MicroStrategy now owns 129,218 BTC, worth ~$6B  —  MicroStrategy Inc. used a loan against its Bitcoin holdings for the first time to purchase $190.5 million more of the cryptocurrency.
Megan Graham / Wall Street Journal:
Edo, an ad measurement service for TV and streaming co-founded by actor Edward Norton, raises $80M from Shamrock Capital at a $200M+ pre-money valuation  —  Company, co-founded by actor Edward Norton, wants to compete with Nielsen by helping advertisers see whether consumers take action after seeing a commercial
Ellen Huet / Bloomberg:
Blockchain developer Near Protocol raises $350M led by Tiger Global, after raising $150M in January; CoinGecko says Near's market cap is over $10B  —  The blockchain developer Near Protocol raised $350 million, more than double what it got just three months ago.
More: CoinDesk
BuzzFeed News:
Investigation reveals Worldcoin, which collects iris scans in exchange for free crypto, is wrestling with issues, from angry field operators to privacy concerns  —  As Kudzanayi strolled through the mall with friends, a small crowd caught his attention.  At its center, three men held …
Mark Sullivan / Fast Company:
Interview with Tim Sweeney and Epic executives on Unreal Engine 5's launch, its “Nanite” graphic rendering tech, using it in building the metaverse, and more  —  Growing up in suburban Potomac, Maryland in the 1980s, Tim Sweeney, founder and CEO of Epic Games …
Kevin Marks:
Twitter changed how embeds work for deleted tweets, causing blank spaces on websites; Twitter says it is “to better respect” when users deleted their tweets  —  Twitter Edits You 2022-04-06 With all the fuss about Twitter's promised edit button, and how they might design it …
Maria Ponnezhath / Reuters:
Intel is suspending all business operations in Russia and says it has implemented business continuity measures to minimize disruption to its global operations  —  Intel Corp (INTC.O) is suspending all business operations in Russia, effective immediately, the U.S. chipmaker said on Tuesday …
Google AI Blog:
Google AI claims PaLM, its 540B parameter, dense decoder-only Transformer model, shows breakthrough capabilities in tasks like language, reasoning, and coding  —  In recent years, large neural networks trained for language understanding and generation have achieved impressive results across a wide range of tasks.
Paul Alcorn / Tom's Hardware:
AMD confirms a bug in its GPU driver is auto-overclocking Ryzen CPUs without the user's knowledge by changing settings in the BIOS  —  Radeon Adrenalin drivers have a mind of their own  —  AMD has confirmed to Tom's Hardware that a bug in its GPU driver is, in fact, changing Ryzen CPU settings in the BIOS without permission.
More: PCMag and NeowinTweets: @3kliksphilip
Vera Bergengruen / TIME:
Inside Kyiv's IT office, whose workers have spent the past five weeks adapting and repurposing everyday tech, like the Kyiv Digital smartphone app, for wartime  —  Even the app's logo reflects this shift.  What was once a friendly sky-blue “K” for Kyiv has been redesigned into a black-and-gray military camo pattern.
Mary Ann Azevedo / TechCrunch:
London-based Fidel API, which offers identity, data, and payments tools, raises a $65M Series B led by Bain Capital, bringing its total funding to $88M  —  Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures.
Emma Agyemang / Financial Times:
The SEC sides with Amazon shareholders asking for a vote on greater tax disclosures, one of the first times the regulator has granted such a request  —  US regulator decides issue of disclosure can be put to shareholder vote after institutional pressure  —  Amazon investors who want the tech giant …
Mitchell Clark / The Verge:
Twitter begins “drastically” reducing the reach of Russian government accounts and will remove tweets from government-affiliated accounts with prisoners of war  —  It'll ‘ask government or state-affiliated media accounts’ to take down pictures featuring prisoners of war

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