| @jack: |
| 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. … | 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 … | 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.| 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 … | Ranjan Roy / Margins: |
| Kate Conger / New York Times: |
| Brad Stone / Bloomberg: |
| 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 … | 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.| 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 … | 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 … | 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.| Alphabet - Investor Relations: |
| Microsoft - Investor Relations: |
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| Osato Avan-Nomayo / The Block: |