| 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. … | @jack: |
| 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 … | 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 … | 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 … | Casey Newton / Platformer: |
Some former employees say Twitter, which has long been an underperformer, stands a better chance of improving the service as a private company run by Elon Musk — What employees are saying. PLUS: Musk's key decisions — In the moments before Elon Musk bought Twitter … | Kate Conger / New York Times: |
| Ranjan Roy / Margins: |
| Brooke Singman / Fox News: |
| The Verge: |
| Lauren Feiner / CNBC: |
| 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| 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 … | Sarah Perez / TechCrunch: |
Google rolls out its own version of privacy-related “nutrition labels” for Play Store apps; developers have until July 20 to provide the necessary information — Google Play is today officially launching its own version of privacy-related “nutrition labels” for apps.| Ben Thompson / Stratechery: |
Amazon's Buy with Prime will make it difficult for Shopify to get its own shipping solution to scale by deepening Amazon's nearly impregnable moat in logistics — Five months and $134 billion in market cap ago (before the stock slipped by 68%), Bloomberg Businessweek purported to explain … | 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 … | Lizette Chapman / Bloomberg: |
Authentic Brands Group, which runs Forever 21, sues payments startup Bolt, saying it lost out on $150M+ in 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 … | Matthew Gault / VICE: |
Emails reveal how autonomous drone startup Skydio turned some police officers into superfans who regularly help to sell or promote its products to colleagues — A drone company called Skydio has managed to get autonomous drones into dozens of police departments by turning cops into their biggest fans.| Paul Sawers / VentureBeat: |
Harness, which makes developer tools for continuous integration and delivery, raises a $175M Series D and $55M in debt at a $3.7B valuation — Continuous integration and delivery giant (CI/CD) Harness has raised $230 million in a series D round of funding, valuing the company at a hefty $3.7 billion.
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| Osato Avan-Nomayo / The Block: |