Techmeme
April 29, 2022, 5:20 PM

Top News

Wall Street Journal:
Sources: Peter Thiel, Jack Dorsey, and others who dislike Twitter's direction pushed Elon Musk to launch a bid; Musk remains dismayed that Trump is still banned  —  Behind the scenes, fellow billionaires and internet provocateurs bent Tesla CEO's ear; Jack Dorsey's role  —  Elon Musk unveils the Tesla Model Y in 2019.
Reuters:
Sources: Elon Musk has a new Twitter CEO lined up and offered monetizing ideas, like charging websites for quoting or embedding tweets from verified accounts  —  Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc (TWTR.N) that he could crack down on executive …
Adam Serwer / The Atlantic:
Right-wing users are celebrating Elon Musk buying Twitter not for his “free speech” promises but because he could make the platform serve their populist agenda  —  Conservatives on Twitter have greeted Elon Musk as a liberator.  The mega-billionaire is in the process of purchasing …
CNBC:
Filings: Elon Musk sold ~$8.4B worth of Tesla stock in the days after his bid to take Twitter private; on Thursday, Musk tweeted “No further TSLA sales planned”  —  - Elon Musk sold roughly $8.4 billion worth of Tesla shares in the days following his bid to take Twitter private …
Casey Newton / Platformer:
At an all-hands, CEO Parag Agrawal acknowledged Twitter was vulnerable to a takeover since it had historically underachieved and asked staff to “embrace change”  —  CEO Parag Agrawal on five years of regrets  —  Late Thursday night, Twitter CEO Parag Agrawal announced the company …
Bloomberg:
Tracy Qu / South China Morning Post:
Sources: China plans to end its regulatory crackdown on the country's Big Tech companies and give internet platforms a bigger role to boost its ailing economy  —  A symposium involving Chinese Big Tech has been scheduled after the Labour Day holiday to assure business leaders on the new direction …
Jennifer Pattison Tuohy / The Verge:
Report finds Amazon and third parties collect data from interactions with Alexa through Echo speakers and share it with as many as 41 partners for ad targeting  —  Amazon and third parties use data from smart speakers to sell you stuff, says report  —  A report released last week contends …
Issie Lapowsky / Protocol:
Salesforce plans to extend California's Silenced No More Act protections, which limit the scope of NDAs, to all US employees in 2022, after shareholder pressure  —  Salesforce just became the latest tech giant to commit to limiting the scope of its non-disclosure agreements …
Yueqi Yang / Bloomberg:
Goldman Sachs starts offering a lending facility for cash loans collateralized by the borrower's bitcoin, accelerating Wall Street's embrace of cryptocurrencies  —  Goldman Sachs Group Inc. offered its first ever lending facility backed by Bitcoin, in a significant step for a major U.S. bank …
Linda Sui / Strategy Analytics:
Global smartphone shipments fell 11% YoY in Q1; Samsung had a 23.8% share, a five-year high, Apple had 18.2%, Xiaomi had 12.4%, Oppo had 9.5%, and Vivo had 8.1%  —  According to new research from Strategy Analytics, global smartphone shipments fell -11% YoY to 314 million units in Q1 2022.
Bruce Lawson / Bruce Lawson's personal site:
The US NTIA seeks comments on competition in the mobile app ecosystem, including Android and iOS app store policies, issues web app developers face, and more  —  MUSIC  —  WRITING  —  Site Lowlights:  — My Amazon wishlist  —  Pages  —  Mailing List
Devin Coldewey / TechCrunch:
Airbnb says its employees can work from home or the office moving forward, and their compensation won't change if they move, unless it's to a different country  —  Airbnb is going all in on the “live anywhere, work anywhere” philosophy that much of the business world has been forced to adopt …
Sebastian Herrera / Wall Street Journal:
Insider Intelligence: Amazon has the largest market share of US e-commerce at ~39%, but it grew by just 0.2% in 2021 and 2022 so far, the slowest rate in years  —  Tech giant remains nation's leading online retailer, but signs of weakness have emerged recently
Business Wire:
Romain Dillet / TechCrunch:

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