| Wall Street Journal: |
Sources: Twitter is expected to rebuff Musk's bid in the coming days; Apollo Global is considering participating in a bid, as are Morgan Stanley and Thoma Bravo — Elon Musk's $43 billion pitch has put the social-media company in play — Apollo Global Management is considering participating … | Matt Levine / Bloomberg: |
A look at corporate raider tactics requiring 51% of a company's stock, which tend to treat remaining minority shareholders poorly, amid Twitter's “poison pill” — Poison pills — Here are some things you could do 1 : — Buy 51% of the stock of a public company … | Mike Masnick / Techdirt: |
A new study that specifically looked at political speech suggests Twitter's content moderation is biased against agreed-upon misinformation, not conservatives — from the if-you-don't-want-to-get-banned-stop- sharing-bullshit dept — Behold! An actually interesting academic study exploring whether … | Paul Vigna / Wall Street Journal: |
Many cryptocurrency stocks have fallen sharply in 2022: Coinbase is down ~40% year-to-date, Marathon Digital is down 30%+, and Riot Blockchain is down 30%+ — Coinbase is off 42% so far this year as trading volume sinks; Silvergate Capital, Marathon Digital and Riot Blockchain are down sharply as well| MIT Technology Review: |
A look at AI-powered surveillance in South Africa, powered by CCTV cameras, video analytics, and fiber internet; Vumacam operates 5,000+ cameras in Johannesburg — The cameras are not there yet. But the fiber already is. — Thami Nkosi points to the telltale black box atop a utility pole … | Alastair Gale / Wall Street Journal: |
Russia's war in Ukraine revives internet connectivity fears among some Asia-Pacific countries, should China sever undersea cables as part of an attack on Taiwan — Kyiv's successful use of internet to counter Moscow highlights Taiwan's reliance on undersea internet cables that China could cut| Umar Shakir / The Verge: |
DuckDuckGo CEO Gabriel Weinberg says reports of the search engine removing piracy websites are “made up” and says its site:operator function is having issues — Blank site search results for The Pirate Bay gave users reason to believe otherwise| Sarah Perez / TechCrunch: |
Code on Twitter's site reveals how an upcoming Edit button could work: by making a new tweet with the updated content and listing the old tweets before the edit — This month, Twitter announced the ground-shaking news that it was actually going to offer users a way to edit tweets — a longtime user request.| Mary Ann Azevedo / TechCrunch: |
Brex acquires Pry Financials, a financial planning software startup with ~10 employees, for $90M; Pry raised a $4.2M seed in August 2021 from YC and others — In line with its April 13 announcement that it's making a “big push” into software, Brex has acquired Y Combinator-backed Pry Financials … | Kif Leswing / CNBC: |
Apple employees unionizing at Grand Central Terminal store want a $30/hour minimum pay, tuition reimbursement, more vacation time, and better retirement options — - Workers organizing a union at Apple's Grand Central Terminal store are seeking minimum pay of $30 per hour.| Jessica Lyons Hardcastle / The Register: |
Microsoft says it will pay up to $26K more, an increase of 30% in some cases, in bug bounties for “high-impact” bugs in its Office 365 products — Plus: HP fixes critical Teradici flaws, Karakurt may be a Conti side hustle, and info-stealing malware set free| Alexander Osipovich / Wall Street Journal: |
Algorithmic stablecoins like TerraUSD have surged in popularity, but critics say they are inherently risky as they aren't backed by any assets at all — Algorithmic stablecoins that use financial engineering to link their value to the dollar have surged in popularity| Apoorva Mittal / The Economic Times: |
India-based cryptocurrency exchange CoinDCX raises a $135.9M Series D co-led by Steadview Capital and Pantera Capital at a $2.15B valuation — Mumbai: Crypto trading exchange CoinDCX has raised $135.9 million (about Rs 1,000 crore) from investors led by Pantera Capital and Steadview Capital … | Jacquelyn Melinek / TechCrunch: |
BlockApps, which is building the enterprise-focused Strato blockchain, raises $41M led by Liberty City Ventures, bringing its total funding to $50M — While the digital asset industry has brought in some skeptics over the past couple years, investors are hoping that crypto startups …
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