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April 26, 2022, 7:45 PM
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| Vlad Savov / Bloomberg: |
Highlighting China's importance to Tesla, Jeff Bezos asks if Elon Musk's Twitter takeover gives the Chinese government “a bit of leverage over the town square” — Amazon.com Inc. founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44 billion takeover of Twitter Inc. …
Source:
@jeffbezos, @jeffbezos, and @jeffbezos. More:
Associated Press, New York Times, Popular Information, TheStreet, Reuters, spiked, Washington Post, and New York Post
| Bloomberg: |
Sources: Twitter locked down product updates through Friday to limit unauthorized changes by miffed employees after accepting Elon Musk's $44B bid — Twitter Inc. locked down changes to its social networking platform through Friday after accepting a $44 billion bid from billionaire Elon Musk …
More:
CyberScoop, The Hill, Barron's Online, Yahoo News, The Guardian, TechCrunch, New York Post, and Digital Trends
| Mike Masnick / Techdirt: |
Twitter has aggressively defended users' privacy and free speech rights, pushing back on unmasking subpoenas; it's unclear if this will continue under Musk — For all the talk of how Elon Musk wanted to buy Twitter to make it more supportive of free speech, there remain a ton of questions about what it will actually mean in practice.
More:
Wired, Benzinga, Bloomberg, Tech Monitor, and MUO
Tweets: @elonmusk, @elonmusk, @reckless, @devincow, @weisselbergers, @weisselbergers, @devincow, @alt_uscis, @mmasnick, @popehat, @normative, @b_fung, @mmasnick, @benedictevans, @juddlegum, @thedextriarchy, and @mmasnick
| Javier Espinoza / Financial Times: |
EU internal market commissioner Thierry Breton warns Elon Musk that Twitter must follow the new Digital Services Act rules or face fines or even a ban in Europe — EU commissioner Thierry Breton tells Tesla chief executive: ‘Elon, there are rules’ — Brussels has warned Elon Musk …
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The Verge, TechSpot, TechCrunch, diginomica, Android Headlines, Fortune, Politico, Bloomberg, Wall Street Journal, The Hill, The Guardian, Engadget, PYMNTS.com, The Mac Observer, CNBC, and PCMag
Tweets: @financialtimes, @financialtimes, @willoremus, @neerajka, @trentonhassles, @noahbarkin, @mayazi, and @muradahmed
| @jack: |
[Thread] Taking Twitter private “is the correct first step” and Musk's goal to create a “maximally trusted and broadly inclusive” platform “is the right one” — I love Twitter. Twitter is the closest thing we have to a global consciousness.
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VICE, USA Today, Mashable, New York Times, CNBC, Bloomberg, CoinDesk, Tech Xplore, BBC, Protocol, Financial Times, and TradingBTC.com
Tweets: @jack, @jack, @jack, @jack, @bluesky, @jack, @profgalloway, @nickstatt, @phastidio, @bauhiniacapital, @defensebaron, @maxberger, @katie_roof, @michelleyesudas, @lizcarolan, @jyarow, @franceshaugen, @sansdura, @stevekovach, @franceshaugen, @heydave7, @steven_hyden, @heathercampbell, @edent, @elliotturn, @tvietor08, @billcorbett, and @franceshaugen
| Financial Times: |
Sources detail how Elon Musk's Twitter bid succeeded: Morgan Stanley gathered support for $25.5B in loans, shareholders urged the board to accept, and more — Tesla boss convinced Wall Street sceptics to back his $44bn takeover offer — Just 12 days ago, some of the most experienced operators … | Kurt Wagner / Bloomberg: |
More:
Reuters, Silicon Valley Business …, TechCrunch, CNBC, Barron's Online, Financial Times, SEC, SEC, and Insider. Tweets: @fancrtcprofling
| Politico: |
More:
International Business Times, Fast Company, and BGR
Tweets: @daveleeft, @elonmusk, @danprimack, @esaagar, @ggreenwald, @hawleymo, @woodruffbets, and @brentscher
| Casey Newton / Platformer: |
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Washington Post, CoinDesk, The Atlantic, BBC, PYMNTS.com, Livemint, Media Matters for America, Tech.co, and Pocketnow
| Ranjan Roy / Margins: |
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Read Max, CNN, New York Times, Axios, and Wall Street Journal
Tweets: @kellymakena, @ethanz, @pkedrosky, @therealfitz, @chillmage, @benshapiro, @brendancarrfcc, @mathewi, @lancestorm, and @ruskin147
| Brad Stone / Bloomberg: |
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Vox, CNN, Axios, New York Times, Insider, Finbold, iPhone in Canada Blog, Financial Times, The Verge, and CNBC
Tweets: @djrothkopf, @businessinsider, @_claypot, @rbreich, @fredericl, @carnage4life, @dkthomp, @parmy, @oliviatheehye, @parmy, @hongpong, @williamlegate, and @xoanty
| Alphabet - Investor Relations: |
Alphabet reports Q1 revenue of $68.01B, up 23% YoY, net income of $16.44B, down from $17.93B YoY; traffic acquisition costs up 23%; stock drops 4%+ after hours — MOUNTAIN VIEW, Calif. - April 26, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2022.
More:
Search Engine Journal, Wall Street Journal, CNBC, Android Police, Thurrott, MobileSyrup, and Android Central
Tweets: @joecarlsonshow, @carney, @bitcoinissaving, @mhbergen, @jyarow, @epro, @kifleswing, @rustybrick, and @carnage4life
| Robert Hof / SiliconANGLE: |
Google Cloud hit $5.82B in Q1 sales, up from $4.05B YoY and above estimates of $5.75B, and an operating loss of $931M, down from $974M YoY — A slowdown in spending on advertising amid the Russian war on Ukraine and the continuing pandemic took a small toll on Google parent Alphabet Inc. today …
More:
iTnews
| Kif Leswing / CNBC: |
Alphabet says that its board of directors authorized $70B in share repurchases, a major step up from 2021's $50B authorization and 2019's $25B authorization — - Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases, a major step up from last year's authorization … | Microsoft - Investor Relations: |
Microsoft reports Q3 revenue of $49.4B, up 18% YoY, net income of $16.7B, up 8% YoY, Office revenue up 12%, LinkedIn revenue up 34%, Windows OEM revenue up 11% — Earnings Release FY22 Q3 - REDMOND, Wash. — April 26, 2022 — Microsoft Corp. today announced the following results …
More:
New York Times, CNBC, SiliconANGLE, Protocol, Windows Central, Thurrott, Channel Futures, OnMSFT.com, and Microsoft
Tweets: @jordannovet, @fxshaw, @epro, @zhugeex, and @carnage4life
| Under the Hood: |
Robinhood plans to let go of ~9% of its full-time employees, after growing its headcount from 700 to nearly 3,800 from 2019 to 2021; stock drops ~5% after hours — Robinhood CEO Vlad Tenev shared the below to Robinhood employees following a company-wide meeting to discuss the changes.
More:
Decrypt, TechCrunch, Protocol, CNBC, Insider, CoinDesk, Reuters, The Block, and CryptoPotato
| Sarah Perez / TechCrunch: |
Google launches privacy “nutrition labels” for Play Store apps; developers have until July 20 to disclose security practices and the data their apps collect — Google Play is today officially launching its own version of privacy-related “nutrition labels” for apps.| Lorenzo Franceschi-Bicchierai / VICE: |
A leaked document written by some Facebook ad team privacy engineers: Meta has an inadequate level of “control and explainability over how our systems use data” — “We do not have an adequate level of control and explainability over how our systems use data,” Facebook engineers say in leaked document.
More:
DocumentCloud and Neowin
| Lauren Forristal / TechCrunch: |
Sensor Tower: TikTok was the most downloaded app globally in Q1 2022, passing 3.5B all-time downloads, followed by Instagram, Facebook, WhatsApp, and Telegram — TikTok is one of the world's fastest-growing social media platforms. Sensor Tower recently released its “Q1 2022 … | Anne Tergesen / Wall Street Journal: |
Fidelity will let retirement savers allocate up to 20% of their 401(k) accounts to bitcoin later in 2022, the first major US retirement plan provider to do so — Investment giant's move could send cryptocurrency investing further into mainstream if employers decide to offer option
More:
New York Times, The Verge, Fidelity Investments, Associated Press, Blockworks, Fortune, Kryptovaluta Oppsummering, Cointelegraph, Decrypt, Crypto Daily, Bitcoin Magazine, Newslit Daily, The Pomp Letter, TechCrunch, PCMag, and Protocol
Tweets: @saylor, @adamnash, @cz_binance, @jeffbooth, @gladstein, @dbsmasher, @christine_benz, @blockworks_, @gilmoreport, and @bchappatta
| Lizette Chapman / Bloomberg: |
Authentic Brands Group, which runs Forever 21, sues payments startup Bolt claiming $150M+ in lost online sales; Authentic is Bolt's most prominent customer — Bolt Financial Inc., the payments startup known for its founder's inflammatory Twitter threads claiming Silicon Valley is run by …
Tweets: @carnage4life and @ahhensel
| CNBC: |
Nasdaq closes down 3.95% to a 52-week low led by tech stocks, including Tesla down 12.2%, Coinbase down 5.9%, Netflix down 5.5%, Apple down 3.7%, Meta down 3.2% — U.S. stocks fell sharply on Tuesday with shares selling off into the close, as investors dumped equities on fears of an economic slowdown.| Nina Bambysheva / Forbes: |
Decentralized exchange infrastructure provider 0x Labs raises a $70M Series B led by Greylock Partners with OpenSea, Coinbase, Pantera, and others participating — San Francisco-based decentralized exchange infrastructure provider 0x Labs has closed a $70 million Series B financing round led … Sponsor Posts
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