Techmeme
April 30, 2022, 7:50 AM

Top News

Wall Street Journal:
Sources: PayPal Mafia members, Jack Dorsey, and others who disliked Twitter's direction pushed Musk to launch a bid; Musk is 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.
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 …
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 …
Kate Conger / New York Times:
Inside Twitter, frustrations have mounted about Elon Musk's moderation plans, ahead of elections in Brazil and the midterm election in the US  —  Content moderators warn that Elon Musk doesn't appear to understand the issues that he and the company will face if he drops its guardrails around speech.
Eric Slivka / MacRumors:
Apple says apps that haven't been updated in past three years and have low downloads will be removed from App Store, extends time to update from 30 to 90 days  —  Late last week, controversy erupted after Apple began notifying some developers that their apps that had not been updated …
New York Times:
Instacart plans a strategy shift to sell software to grocers and more ads in its app, trying to avoid becoming another pandemic boom company that has fizzled  —  The grocery delivery start-up changed its leadership, slashed its valuation and shifted its strategy after sales slowed.
Ax Sharma / Wired:
Hollywood's fight against VPN providers like ExpressVPN now goes beyond piracy, as a recent lawsuit alleges VPNs enable crimes like hacking, murder, and more  —  Beyond accusations of encouraging copyright infringement, film companies have begun accusing VPNs of enabling a slew of illegal activity.
Meaghan Tobin / Rest of World:
Despite SpaceX's global ambitions for Starlink, data shows 98% of users live in the West; many delays come down to regulatory challenges in markets like India  —  Despite global ambitions, Elon Musk's Starlink struggles to reach users outside North America and Europe.
Kyle Wiggers / TechCrunch:
Exafunction, which aims to reduce AI development costs by abstracting away hardware, raises a $25M Series A led by Greenoaks, with Founders Fund participating  —  The most sophisticated AI systems today are capable of impressive feats, from directing cars through city streets to writing human-like prose.
Business Wire:
Amazon reports Q1 revenue up 7% YoY to $116.4B, $3.8B net loss vs. $8.1B net income in Q1 2021, and AWS revenue up 37% YoY; stock down 10%+ on weak Q2 guidance  —  SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2022.
Sebastian Herrera / Wall Street Journal:

Sponsor Posts

SignalFire:
We need startups to fight prompt injection, the top LLM security risk  —  Check out our AI security market map, and reach out if you're building a way to defend chatbots from this new hacking technique.
Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Zoho:
Zoho CRM - Q1 2024 update  —  We're a couple of months into 2024, and all of us on the Zoho CRM team hope that your business continues to flourish and grow, along with your partnership with us.
Techmeme Ride Home:
Wed. 02/21 - Apple Has Quantum Encrypted iMessage
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:50 AM ET, April 30, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Bruce Lawson / Bruce Lawson's personal site:
Issie Lapowsky / Protocol:
Jay Peters / The Verge:

Earlier Picks

Tracy Qu / South China Morning Post:
Devin Coldewey / TechCrunch:
Business Wire: