| Lauren Feiner / CNBC: |
In a speech on disinformation, Obama said social media firms' design choices contribute to polarization, and called for more transparency and Section 230 reform — - Former President Barack Obama criticized social media companies for contributing to polarization through design choices on their platforms.| Annie Palmer / CNBC: |
Filing: Elon Musk has secured $46.5B to acquire Twitter, including $25.5B in debt financing via Morgan Stanley and other firms, and is exploring a tender offer — - Elon Musk is exploring whether to commence a tender offer for Twitter, according to a new securities filing.| Bloomberg: |
Elon Musk's free speech promise for Twitter follows years of silencing or punishing criticism at Tesla and SpaceX, including attacking staff trying to unionize — If Elon Musk is able to take over Twitter Inc., his biggest promise is to transform it into a platform for free speech with few restrictions … | Wall Street Journal: |
Sources: Meta is reviewing whether COO Sheryl Sandberg pressured the Daily Mail in 2016 and 2019 into killing stories about her then-boyfriend Bobby Kotick — Social-media executive, who dated the Activision Blizzard CEO, was part of campaign to persuade the U.K. tabloid to shelve a potential article| Frank Chaparro / The Block: |
Andreessen Horowitz launches a16z Crypto Research, a lab focused on Web3 breakthroughs that can contribute to deployable code, led by academic Tim Roughgarden — Venture capital giant Andreessen Horowitz (a16z) is diving deeper into the crypto market with the launch of a new academic lab dedicated … | Damien Wilde / 9to5Google: |
Google plans to effectively block third-party call recording apps from the Play Store on May 11 after placing further restrictions to its Accessibility API — A new Google Play Store policy coming into force is set to block third-party call recording apps from the online storefront from May 11.| New York Times: |
Warner Bros. Discovery will shut down CNN+ on April 30, after its March 29 debut; sources: CNN+ had ~150K subscribers and was on pace to hit first-year goals — The new corporate owners of CNN are moving to end the new streaming service after a splashy debut. — In the end, CNN+ lasted less than a month.| Nikhilesh De / CoinDesk: |
The US OCC says Anchorage Digital, the first US chartered digital asset bank, failed to adopt a BSA/AML compliance program and has “begun corrective action” — The company must appoint a compliance committee and hire a Bank Secrecy Act officer.| Kif Leswing / CNBC: |
Snap reports Q1 revenue of $1.06B, up 38% YoY, vs. $1.07B est., global DAUs up 18% YoY to 332M vs. 330M est., and net loss up 25% YoY to $360M — - Snap missed Wall Street expectations for profit and sales when it reported first-quarter results on Thursday after the bell.| Taylor Soper / GeekWire: |
Amazon announces a $1B Industrial Innovation Fund to back companies of all stages developing customer fulfillment, logistics, and supply chain technologies — Amazon on Thursday announced a new $1 billion venture fund that the tech giant will use to back companies of all stages developing … | Sarah Perez / TechCrunch: |
Twitter tests suggesting third-party apps in its Twitter Toolbox, including Block Party, Bodyguard, and Moderate, when select users block or mute in its web app — Company will third-party apps directly on Twitter itself — Twitter has a novel idea as to how to win back developer trust … | Oliver Knight / CoinDesk: |
Research: blockchain game startups raised $2.5B in Q1 2022, up 150% YoY; blockchain gaming accounted for 52% of all blockchain activity in March, up 2,000% YoY — Usage and investments across the blockchain-gaming sector increased in the first quarter to make up 52% of all blockchain activity.| Jon Porter / The Verge: |
Spotify now lets all creators in the US, the UK, Canada, Australia, and New Zealand upload video podcasts via Anchor, which Spotify acquired in February 2019 — After over a year of more limited tests — All creators in the US, UK, Canada, Australia, and New Zealand can now upload video podcasts … | Nina Zdinjak / Benzinga: |
Treez, a cloud commerce platform that powers retail and supply chain operations for the cannabis market, raises a $51M Series C at a $260M+ valuation — Seed-to-sale and cannabis retail software platform Treez completed a $51 million Series C funding at a valuation in excess of $260 million.| Michelle F Davis / Bloomberg: |
Reify Health, which makes cloud-based tools for clinical trial research, raises a $220M Series D co-led by Altimeter Capital and Coatue at a $4.8B+ valuation — Reify Health raised $220 million in a funding round that saw its valuation more than double from last year to $4.8 billion.| Kyle Wiggers / TechCrunch: |
Prezent.ai, which offers companies an AI presentation creation tool and gamified learning courses, raises a $20M Series A led by Greycroft at a $100M+ valuation — When it comes to presentation creation, PowerPoint and Keynote remain the de facto tools by incumbent advantage.| Katie Jennings / Forbes: |
NexHealth, which operates an EHR-integrated real-time scheduling platform for doctors, raises a $125M Series C led by Buckley Ventures at a $1B valuation — Alamin Uddin has no need for the acronym soup that drives most healthcare data sharing, like the HL7 and FHIR standards that are all the rage among most health tech folks.| Alyssa Boyle / AdExchanger: |
tvScientific, which offers a connected TV platform to make TV advertising accessible and measurable for brands and apps, raises a $20M Series A led by Norwest — Measurement companies that help track outcomes are making it rain. — On Thursday, CTV performance advertising company tvScientific announced … | Ryan Weeks / The Block: |
Binance begins enforcing tougher KYC checks, including proof of address, on Russian users with crypto holdings exceeding €10,000, following further EU sanctions — Crypto exchange Binance is enforcing tougher Know Your Customer (KYC) checks for Russian users after the latest wave of European Union sanctions.| Rebecca Torrence / Fierce Healthcare: |
Levels, whose software pairs glucose monitors to its app to give users insights and track their metabolic health, raises a $38M Series A at a $300M valuation — A16z-backed startup Levels has landed $38 million in series A funding for its metabolic health software, the company announced Wednesday.| Laurie Clarke / MIT Technology Review: |
Crypto investors are pushing for semi-autonomous economic zones in Central America, at the risk of repeating the region's long history of corporate colonialism — A new class of crypto investors have bold plans to rebuild society from scratch. But their pet projects risk repeating the region's long history of corporate colonialism.| Catarina Moura / The Block: |
Crusoe Energy Systems, which uses excess natural gas from oil extraction to mine crypto in 86 data centers, raises a $505M Series C led by G2 Venture Partners — Bitcoin miner Crusoe Energy Systems raised $505 million in a Series C round to accelerate the growth of its mining operations powered …
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| Javier Espinoza / Financial Times: |