April 27, 2022, 10:30 AM

Top News

Elizabeth Dwoskin / Washington Post:
Replying to tweets from right-wing users, Elon Musk boosts criticism of two Twitter executives, including Vijaya Gadde, prompting attacks from other users  —  The targeting of employees by Musk's massive Twitter megaphone is a major concern for workers  —  Elon Musk on Tuesday used …
Kurt Wagner / Bloomberg:
Filing: Musk is barred from posting tweets about his deal to buy Twitter if they “disparage the company or any of its representatives”  —  Elon Musk isn't allowed to post tweets about his deal to buy Twitter Inc. if they “disparage the company or any of its representatives,” …
Sources: in a meeting, Twitter's top lawyer Vijaya Gadde reassured staff and cried as she expressed concerns about how the company could change under Elon Musk  —  Monday was an emotional day at Twitter — even for its executives.  —  Shortly after billionaire Elon Musk bought …
Alphabet - Investor Relations:
Alphabet reports Q1 revenue rose 23% YoY to $68.01B, as net income dropped to $16.44B, down from $17.93B YoY; traffic acquisition costs rose 23%  —  MOUNTAIN VIEW, Calif. - April 26, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2022.
Ian Sherr / CNET:
Apple launches Self Service Repair in the US, covering iPhone SE and iPhone 12 and 13 lineups, with plans to expand to Europe and add M1 Macs by the end of 2022  —  The tech giant says it's offering repair manuals online, along with giving everyday people the chance to buy parts and tools to repair devices themselves.
Mike Masnick / Techdirt:
Twitter has aggressively defended users' privacy and free speech rights, pushing back on unmasking subpoenas, but 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 …
Ellery Biddle / Coda Story:
Billy Perrigo / TIME:
Filipe Espósito / 9to5Mac:
New Apple Studio Display beta firmware offers minimal webcam quality improvements, suggesting software is not the issue; the culprit may be the ultra-wide lens  —  When Apple announced Studio Display, it promised “sensational” webcam quality.  However, as customers got their hands on the product …
William Turton / Bloomberg:
Sources: data obtained through fake legal requests have been used to harass women and sexually extort minors; Meta, Apple, Google, and others handed over data  —  Major technology companies have been duped into providing sensitive personal information about their customers in response …
Kurt Wagner / Bloomberg:
Filing: Twitter must pay a $1B termination fee for taking another offer or telling shareholders to vote against Musk, who would also owe $1B for ending the deal  —  Twitter Inc. will be required to pay a termination fee of $1 billion under certain circumstances if it ends an agreement …
Siva Vaidhyanathan / Slate:
Matt Levine / Bloomberg:
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 …
Jay Peters / The Verge:
Max Read / Read Max:
Elon Musk is unlikely to fix or change Twitter to any great extent because his experience of the service — tweeting and getting richer — is already ideal  —  You're reading Read Max, a newsletter about the future.  This edition is free for all.  Read Max is an independent newsletter supported by reader subscriptions.
David Kirton / Reuters:
Chinese drone maker DJI says it will temporarily suspend business in Russia and Ukraine to ensure its products are not used in combat  —  Chinese drone giant DJI Technology Co Ltd said it will temporarily suspend all business activities in Russia and Ukraine pending a review, it said.
Ben Collins / NBC News:
Twitter says recent “fluctuations in follower counts” of high-profile accounts after news of Elon Musk's takeover were “organic”, but is still looking into it  —  How Elon Musk's Twitter takeover could change the platform  —  Twitter was flooded with user reports …
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.
Under the Hood:
Robinhood plans to lay off ~9% of its full-time employees, after growing its headcount from 700 to nearly 3,800 between 2019 to 2021  —  Robinhood CEO Vlad Tenev shared the below to Robinhood employees following a company-wide meeting to discuss the changes.

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