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April 5, 2022, 8:40 AM
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| Bloomberg: |
Filing: Elon Musk acquires a 9.2% passive stake in Twitter, worth ~$2.89B at Friday's market close, becoming its largest shareholder; Twitter shares rise 27.2% — Elon Musk has taken a 9.2% passive stake in Twitter, according to a 13G filing, Bloomberg News reports. Twitter rose about 26% in pre-market trading.
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Tweets: @paraga, @elonmusk, @elonmusk, @alexstamos, @boztank, @benthompson, @mahirzeynalov, @alexstamos, @alexstamos, @kchoudhu, @piersmorgan, @timobrien, @austen, @micsolana, @turnernovak, @wongmjane, @mikeloychik, @mmasnick, @liz_wheeler, @mcclure111, @austen, @reckless, @tha_rami, @yannispappas, @bridgetphetasy, @levie, @mims, @mims, @andrewyang, @edbott, @mgsiegler, @karaswisher, @bgrahamdisciple, @kept_simple, @kt_so_it_goes, @karlbode, @reckless, @jeffnolan, @tomgara, @adamsinger, @sarahfrier, @howardlindzon, @scottmelker, @danprimack, @ivanthek, @jimcramer, @jamestitcomb, @sirsteven, @jimpethokoukis, @robinwigg, @parmy, @parmy, @convertbond, @jyarow, @fintechfrank, @mdudas, @mattnavarra, @davetroy, @auroraintel, and @carnage4life
| Jessica Bursztynsky / CNBC: |
Twitter appoints Elon Musk to its board after Musk purchased a 9.2% stake in the company — Elon Musk will join Twitter's board of directors after taking a 9.2% stake in the social media company, according to a release filed with the SEC. — “Through conversations with Elon in recent weeks …
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Tweets: @paraga, @paraga, @emilygorcenski, @modestproposal1, @packym, @lamonicabuzz, @alex, @modestproposal1, @sam_l_shead, and @twitterir
| Matt Levine / Bloomberg: |
If Elon Musk wants to change Twitter with his stake, he might have to gesture in the direction of ESG or profitability to get other shareholders to support him — Programming note: Money Stuff was supposed to be off today but, Elon. So here we are. — Oh Elon
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Tweets: @matt_levine, @sarthakgh, @pkafka, @edmundlee, @btlipschultz, @faizsays, @bloombergtv, @etbrooking, and @anoushasakoui
| Edward Ongweso Jr / VICE: |
A look at Axie Infinity “managers”, who loan in-game NFTs to other players in exchange for a cut of any profits and depend on a constant influx of new players — Managers in play-to-earn game Axie Infinity employ large teams of “scholars” who can't afford their own NFTs even as the game's economy spirals.| Sidhartha Shukla / Bloomberg: |
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Tweets: @tolstoybb, @edzitron, @motherboard, @taylorlorenz, @jason_koebler, @zenofdesign, and @bigblackjacobin
| Ken Klippenstein / The Intercept: |
Internal Amazon documents show its planned internal messaging app would block union-related words, including “union”, “grievance”, and “pay raise” — Amazon will block and flag employee posts on a planned internal messaging app that contain keywords pertaining … | Mary Jo Foley / ZDNet: |
Microsoft announces a preview of ARM-based chips for Azure virtual machines, using Ampere Altra CPUs — It's been a long time coming, but Microsoft is making available a preview of Azure VMs supporting Arm-based processors from Ampere. — It's been a long road, but Microsoft announced … | Lawrence Abrams / BleepingComputer: |
Mailchimp discloses a breach where hackers accessed 319 accounts and stole “audience data” from 102 clients; phishing scams of crypto users quickly followed — Email marketing firm MailChimp disclosed on Sunday that they had been hit by hackers who gained access to internal customer support …
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Trezor Blog, Engadget, 9to5Mac, The Verge, TechCrunch, Security Boulevard, Waivly, Decentraland, Silicon Republic, The Register, PC Gamer, The Hacker News, SiliconANGLE, Cointelegraph, CryptoSlate, Security Affairs, and Blockworks
Tweets: @trezor, @trezor, @veragejoecrypto, @thevladcostea, @hackerfantastic, @0xfoobar, @axieinfinity, @axieelon, @trezor, @adam_k_levin, and @icodrops
| Eric Newcomer / Newcomer: |
Crypto investment firm Paradigm says it has $13.2B under management, up 343% from December 2020; a16z has $54.6B, Sequoia $85.5B, and Tiger Global $124.7B — Andreessen Horowitz AUM rises 53% to $54.6 billion — In previously unreported financial filings, some of the technology industry's …
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TechCrunch, Cointelegraph, and PYMNTS.com
| Hema Parmar / Bloomberg: |
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Financial Times. Tweets: @data168, @madhavchanchani, @robinwigg, @alanjlsmith, @carnage4life, @hkanji, and @markminervini
| Eliza Gkritsi / CoinDesk: |
German police shut down darknet market Hydra Market, which had €1.23B in 2020 revenue, and seize 543 bitcoins — The Hydra Market's bitcoin privacy mixer complicated the investigation, police said. — German authorities seized $25 million in bitcoin (BTC) as they shut down Hydra Market …
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Bloomberg, BleepingComputer, Associated Press, CryptoSlate, Elliptic Blog, and The Hacker News
Tweets: @dan_rowinski, @gossithedog, and @gossithedog
| Bloomberg: |
FTX makes a “significant” investment in stock exchange IEX, made famous by Michael Lewis' “Flash Boys”; IEX represented 2.7% of US equities volume in March — Crypto exchange FTX US agreed to take a stake in IEX Group Inc., owner of the stock exchange made famous by … | Taylor Lorenz / Washington Post: |
A look at subreddit r/Place, which lets users build collective art by posting a colored pixel every five minutes and had 72M tiles placed by Sunday night — Since last Friday, millions of Reddit users have banded together to collectively generate a massive, collaborative piece of artwork that has become a viral phenomenon.
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Byteside, Mashable, and Kotaku
Tweets: @hueypriest, @loudmouthjulia, @hkesvani, @waxy, @bigmeaninternet, @smpupdate, @taylorlorenz, and @anildash
| Loren Grush / The Verge: |
Amazon's Project Kuiper books 83 satellite launches over five years to deploy most of its 3,236 satellites, which will beam internet to earth — The subsidiary is partnering with Arianespace, ULA, and Blue Origin — Project Kuiper — Amazon's planned internet-from-space initiative …
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DCD, Ars Technica, GeekWire, TechCrunch, CNBC, Bloomberg, Wall Street Journal, About Amazon, Financial Times, and SpaceNews
Tweets: @jeff_foust, @jeff_foust, @thesheetztweetz, @thesheetztweetz, @ulalaunch, and @zsk
| Associated Press: |
Research: RT en Español is the third-most shared site on Twitter for Spanish-language info about Russia's invasion and in March saw a boost in Facebook likes — Washington (AP) — Though Russia is the country that invaded its neighbor Ukraine, the Kremlin's version relentlessly warns … Sponsor Posts
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