April 11, 2022, 8:40 PM

Top News

Parag Agrawal / @paraga:
Twitter CEO Parag Agrawal says Elon Musk has decided not to join Twitter's board despite being offered a seat  —  Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here.
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Omar Abdel-Baqui / Wall Street Journal:
Elon Musk appears to have deleted some tweets critical of Twitter and its leadership; Musk liked a tweet saying he was “told to play nice and not speak freely”  —  Elon Musk appears to have deleted some tweets taking aim at Twitter Inc. amid his decision not to join the social-media company's board of directors.
Epic Games, which makes Fortnite, raises $2B from Sony and KIRKBI, the holding company behind LEGO, at a $31.5B post-money valuation  —  Epic Games said on Monday it had raised $2 billion from Sony Group Corp (6758.T) and the family owned holding company behind the Lego Group, giving the “Fortnite” maker a valuation of $31.5 billion.
Brad Stone / Bloomberg:
Marc Andreessen has tweeted ~350 times in the past two weeks, often referring to “the current thing” meme, joined by Elon Musk and others  —  Three of America's top technologists are talking and tweeting with unusual fervor.  But first...  - Beijing is targeting tech companies' algorithms
Janko Roettgers / Protocol:
Netflix is rolling out a Double Thumbs Up ratings option, which will appear next to the thumbs up and down buttons, to let it refine content recommendations  —  For nearly five years, Netflix has had simple thumbs-up and thumbs-down icons to express viewing preferences and help its algorithms provide better recommendations.
The Verge:
Meta rolls out a test for a handful of creators to sell virtual items and effects in Horizon Worlds, with Meta taking a 25% cut after a platform fee in Horizon  —  Horizon Worlds will take a 25 percent cut of any sale after app store fees  —  Meta is testing new features to let creators …
Foo Yun Chee / Reuters:
Source: Apple will face an additional EU antitrust charge in the coming weeks, in an investigation into music streaming triggered by a complaint from Spotify  —  Apple (AAPL.O) faces an additional EU antitrust charge in the coming weeks in an investigation triggered by a complaint from Spotify …
New York Times:
In the absence of federal crypto regulations in the US, lobbyists and executives are helping to draft and pass favorable bills at state level  —  In the absence of federal regulations, crypto lobbyists and executives are going state by state to get favorable rules enacted.  Many lawmakers have been willing partners.
Sara Fischer / Axios:
French social app BeReal, which encourages users to post one selfie per day, has exploded in popularity with Gen Z users; Apptopia says MAUs are up 315% in 2022  —  Downloads of BeReal, Gen Z's hot new social media app, have skyrocketed in recent months, giving the world's mobile-first generation …
Andrew Duehren / Wall Street Journal:

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Zheping Huang / Bloomberg: