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April 6, 2022, 5:10 PM
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memeorandum
WeSmirchTop News
| Casey Newton / Platformer: |
Twitter CEO Parag Agrawal may struggle to balance his own vision against that of Elon Musk, an unpredictable board member with a much louder megaphone — Task #1: undermine CEO, consolidate power — Today, let's talk about what Elon Musk means for the future of Twitter.
More:
Bloomberg, Block Party Newsletter, Benzinga, Insider, Fox Business, and The Economic Times
Tweets: @paraga, @paraga, @jack, @lulumeservey, @elonmusk, @mikeisaac, @mrandyngo, @caseynewton, and @ranjanxroy
| Jillian Ward / Bloomberg: |
Elon Musk refiles his Twitter stake's SEC disclosure to classify himself as an active investor; Musk bought his 9.1% stake in cash from January 31 to April 1 — Elon Musk refiled the disclosure of his stake in Twitter Inc. to classify himself as an active investor, making the change …
More:
Margins and Financial Times
| Wall Street Journal: |
Google Play removes dozens of Android apps, including Muslim prayer apps with 10M+ downloads, after researchers find malware tied to a US defense contractor — Code placed in consumer-facing apps is tied to U.S. national-security contractors, documents show
More:
Android Developers Blog, Protocol, XDA Developers, 9to5Google, The AppCensus Blog, and Liliputing
Tweets: @appcensusinc, @baldingsworld, @appcensusinc, @edwardnh, @appcensusinc, @cremnob, @dnvolz, and @justinhendrix
| Adi Robertson / The Verge: |
OpenAI releases DALL-E 2, a higher-resolution and lower-latency version of its text-to-image generation program with new capabilities, to researchers in preview — Researchers can sign up to preview it — Artificial intelligence research group OpenAI has created a new version of DALL-E, its text-to-image generation program.
More:
OpenAI, New York Times, Engadget, Fast Company, Sasha's ‘Newsletter’, TechCrunch, MIT Technology Review, and Fortune
Tweets: @sama, @openai, @sama, @lpolovets, @andreasklinger, @anderssandberg, @iron_spike, @charlesweill, @jackbutcher, @spakhm, @jordnb, @waxpancake, @waxpancake, @waxpancake, @ak92501, @maddiesimens, @gdb, @spencerdailey, and @waxpancake. Thanks:@eliegnews
| Vishal Chawla / The Block: |
Sky Mavis, which runs Axie Infinity, raises $150M led by Binance, with participation from Animoca, a16z, and others, to reimburse users after the Ronin hack — Sky Mavis, the creator of play-to-earn game Axie Infinity, has raised $150 million to reimburse its users who lost funds during … | David Uberti / Wall Street Journal: |
More:
Newser. Tweets: @peckshieldalert, @peckshieldalert, @jonsarlin, @web3isgreat, @anthony, @alexhern, and @peckshieldalert
| BuzzFeed News: |
An investigation reveals that Worldcoin, which exchanges iris scans for free crypto, is grappling with issues, from angry field operators to privacy concerns — As Kudzanayi strolled through the mall with friends, a small crowd caught his attention. At its center, three men held …
More:
MIT Technology Review, Protos, Today in Tabs, and Startup Strategies
| Jonathan Greig / The Record: |
The US DOJ charges Russian national Dmitry Olegovich Pavlov for helping operate and administer the Hydra Market darknet, after German police shut down the site — The US Justice Department on Tuesday filed charges against Dmitry Olegovich Pavlov, a 30-year-old Russian national accused …
More:
BleepingComputer, BBC, U.S. Department of Justice, Tech Monitor, Metacurity, New York Times, CoinQuora, Digital Trends, and Reuters
Tweets: @snlyngaas, @alfonslopeztena, @technollama, @ericgeller, @vickerysec, @campuscodi, and @campuscodi
| Kevin Marks: |
Twitter quietly changed how embeds of deleted tweets work, showing blank embeds on websites; Twitter: the change is “to better respect” when users delete tweets — Twitter Edits You 2022-04-06 With all the fuss about Twitter's promised edit button, and how they might design it …
More:
The Verge, Protocol, Android Police, and Engadget
Tweets: @tweetanor, @alexhern, @reckless, @taylorlorenz, @kevinmarks, @bradydale, @qaomene, @film_girl, @jamesrbuk, @corintxt, @martinsfp, @mslopatto, @wongmjane, @reckless, @chrismessina, @wongmjane, @taylorlorenz, @jamesrbuk, @mattnavarra, @jason, @nataliesurely, @crgibs, @sam_l_shead, and @sub8u. Thanks:@kevinmarks
| Jay Peters / The Verge: |
Meta won't hold its F8 developer conference in 2022, instead holding Conversations, a “business messaging event” on May 19, and an AR/VR event “later this year” — Meta is pausing the event in 2022 — Meta won't be holding its F8 developer conference in 2022, the company announced Wednesday.
More:
Meta for Developers, Engadget, Bloomberg, TechCrunch, and Variety
Tweets: @tcpeter and @brianroemmele
| Zack Whittaker / TechCrunch: |
In a court-authorized March operation, the FBI cut off the servers of the Cyclops Blink botnet, tied to Russia's Sandworm, from Asus and WatchGuard routers — The Federal Bureau of Investigation has disclosed it carried out an operation in March to target a massive botnet controlled by Russian intelligence.
Source:
U.S. Department of Justice and Slashdot. More:
BleepingComputer, VICE, The Record, ZDNet, Reuters, PCMag, and Dark Reading
Tweets: @malwaretechblog, @ericgarland, @profwoodward, @zackwhittaker, @zackwhittaker, @zackwhittaker, and @campuscodi
| Samantha Cole / VICE: |
Analysis: 50 out of 150 US police reports mentioning Apple's AirTags were of women describing stalking, 25 of which suspected ex-partners, husbands, or bosses — Motherboard obtained reports of stalking, harassment, and abuse using Airtags, targeting victims of intimate partner violence.
More:
Engadget, iThinkDifferent, AppleInsider, iMore, and 9to5Mac
| Yogita Khatri / The Block: |
Binance.US, the exchange's American affiliate, raises a $200M+ seed at a $4.5B pre-money valuation from RRE Ventures, Foundation Capital, VanEck, and others — Quick Take — Binance.US has closed its first funding round, raising more than $200 million at a $4.5 billion pre-money valuation.
More:
Blog & Resources, San Francisco Business Journal, Crunchbase News, Protocol, Forbes, Business Wire, TechCrunch, Cointelegraph, Forbes, Crypto Briefing, CoinDesk, Decrypt, Crowdfund Insider, and Bloomberg. Tweets: @yueqi_yang
| Dara Kerr / The Markup: |
A report finds over 50 US gig workers were murdered while working since 2017; the families say Uber, Lyft, DoorDash, Instacart, and others offer little support — New report lists Uber, Lyft, DoorDash, Instacart, and Grubhub worker victims, and the tally is likely even higher
More:
The Verge, Thomson Reuters …, The Hill, New York Times, Protocol, and Wired
Tweets: @aaschapiro, @veenadubal, @wedriveprogress, @orientaljanedoe, @gigworkersrise, and @gigworkersrise
| Crystal Kim / Bloomberg: |
MicroStrategy borrows $205M against its bitcoin holdings to buy $190.5M more bitcoin, a first for the company; MicroStrategy now owns 129,218 BTC, worth ~$6B — MicroStrategy Inc. used a loan against its Bitcoin holdings for the first time to purchase $190.5 million more of the cryptocurrency.
More:
CoinJournal, Bitcoinist.com, and CoinQuora
Tweets: @saylor, @asvanevik, @epro, @bitfinexed, @priapusiq, @matvelloso, @cz_binance, @fame21moore, and @bascule
| Aisha Malik / TechCrunch: |
Amazon will increase its Music Unlimited plan on Prime from $7.99/month to $8.99/month and its Single Device plan from $3.99/month to $4.99/month on May 5 — Amazon is increasing the price of its Unlimited Music subscription for Prime members, the company announced on its website.| Washington Post: |
Center for Countering Digital Hate: a study of 8,717 direct messages sent to five high profile women shows Instagram didn't act on 90% of reported abusive DMs — Women on Instagram are exposed to an “epidemic of misogynist abuse,” according to a new report.
More:
New York Times, The Guardian, and 9to5Mac
| Jessica Golden / CNBC: |
Sports e-commerce company Fanatics raises $1.5B at a $27B valuation led by the NFL, MLB, and others; the NFL invested $320M, the biggest portion of funding — - The NFL, other major sports leagues, players unions and team owners are leading the latest round of investment in Fanatics, the online sports platform company.| Sarah Perez / TechCrunch: |
Pinterest announces a comprehensive policy to ban ads and posts featuring climate change misinformation or disinformation, a first for a major online platform — Pinterest announced today it's becoming the first major digital platform to introduce a comprehensive misinformation policy designed …
More:
PCMag, New York Times, CNN, Reuters, The Week, Quartz, Engadget, City A.M., Fast Company, and Mashable
Tweets: @ryanmaue, @ryanmaue, and @sarahintampa
| Mark Sullivan / Fast Company: |
Interview with Tim Sweeney and Epic executives on Unreal Engine 5's launch, its “Nanite” graphics rendering tech, using UE5 to build the metaverse, and more — Growing up in suburban Potomac, Maryland in the 1980s, Tim Sweeney, founder and CEO of Epic Games-one of the most … | Tim Bradshaw / Financial Times: |
Uber plans to add long-distance travel bookings to its UK app in 2022, including intercity trains, coaches, and flights; Uber hopes to eventually add hotels — Ride-booking group aims to become a broader travel hub as part of plan that was delayed by the pandemic
More:
Bloomberg, Gizmodo, CNBC, Fortune, New York Post, Engadget, and Protocol
Tweets: @daveleeft, @markmilian, and @muradahmed
| Donna Goodison / Protocol: |
Google Cloud unveils BigLake, a data lake storage engine based on its BigQuery data warehouse, to let customers analyze data across storage formats and systems — Google Cloud plans to launch a new data lake storage engine based on its popular BigQuery data warehouse to help remove barriers … | Ellen Huet / Bloomberg: |
Blockchain developer Near Protocol raises $350M led by Tiger Global, after raising $150M in January; CoinGecko says Near's market cap is over $10B — The blockchain developer Near Protocol raised $350 million, more than double what it got just three months ago.| Sarah McBride / Bloomberg: |
PitchBook and NVCA data: US VCs raised $73.8B in Q1 2022 and invested $70.7B across 3,723 deals, down from $77B invested across 4,282 deals in Q1 2021 — The U.S. venture industry raised $73.8 billion last quarter, more money than in any other previously announced three-month period and more than the total for most full years.| Nikhilesh De / CoinDesk: |
Sen. Patrick Toomey introduces a bill to regulate stablecoins, including defining a “payment stablecoin”, creating a license for issuers, and more — The Stablecoin TRUST Act would give stablecoin issuers a variety of regulatory regimes to abide by, but enforce disclosure and redemption requirements.
More:
The Block
| Globes Online: |
Turn/River Capital acquires Israeli company Tufin, which offers security policy management tools, for $570M in cash, or $13 per share, a 44% premium — The US software investment company is paying a 44% premium on the Israeli company's closing share price on Wall Street yesterday.
More:
CTech, Business Wire, SecurityWeek, and Pulse 2.0
| Frederic Lardinois / TechCrunch: |
Grafana Labs, which develops the popular Grafana visualization tools, raises a $240M Series D led by GIC, bringing its total funding to $540M — Grafana Labs, the company behind the popular Grafana visualization tools (and other open-source projects like the Prometheus monitoring system) …
More:
SiliconANGLE, GlobeNewswire News Room, VentureBeat, CRN, and AlleyWatch
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