Techmeme
April 30, 2022, 6:20 PM

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 …
Kate Conger / New York Times:
Inside Twitter, frustrations mount over Elon Musk's moderation plans and his limited knowledge, ahead of the Brazil general elections and the US midterms  —  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.
Adam Serwer / The Atlantic:
CNBC:
Christopher Mims / Wall Street Journal:
A look at the challenges Apple is facing as it develops its own wireless modem, expected to replace Qualcomm chips in 2023 iPhones  —  A series of moves by the tech giant, as well as signals from its suppliers, make clear that it aims to start designing the modems of the iPhone, iPad and Apple Watch.
Eric Slivka / MacRumors:
Apple says it will remove apps that haven't been updated in three years and have few downloads from the App Store, extends the 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 …
Heather Perlberg / Bloomberg:
New crypto mortgages in the US real estate market let property buyers pledge their digital holdings as collateral for a loan, with no down payments necessary  —  It took Vincent Burniske months to get a seven-figure loan to buy two small apartment buildings in a coveted Miami neighborhood.
Aditya Kalra / Reuters:
India's Enforcement Directorate says it has seized $725M from Xiaomi's local bank accounts over allegedly illegal royalty payments to its foreign subsidiaries  —  India said on Saturday it had seized $725 million from the local bank accounts of China's Xiaomi Corp (1810.HK) …
Andrew Deck / Rest of World:
A look at Zenly, a Snap-owned social mapping app still operating in Russia amid bans and exits of other Western apps; Zenly had 51M+ downloads in Russia in 2021  —  The app saw 51 million downloads in Russia in 2021.  —  On March 1, 2022, in the days following Russia's Ukraine invasion …
Kevin Stankiewicz / CNBC:
Intel CEO Pat Gelsinger says he expects “the overall semiconductor shortage will now drift into 2024” due to a lack of manufacturing equipment  —  - Intel's Pat Gelsinger now expects the semiconductor industry to suffer supply shortages until 2024.
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.

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