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April 30, 2022, 12:55 AM
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| 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.
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Android Authority, Washington Post, Bloomberg, Engadget, Social Media Today, The Week, Protocol, SlashGear, Neowin, TNW, Pixel Envy, Insider, Silicon Republic, and USA Today
Tweets: @jack, @vitalikbuterin, @anthony, @margarita, @caseynewton, @mattzeitlin, @anthony, @onechrisedwards, @carriecnh12, @jon_greenberg, @damienmulley, @paultassi, @tcarmody, @jeanburgess, @bonn1egreer, @gaberivera, @nycsouthpaw, @stribs, @realsaavedra, @igb, @adamblickstein, @icehockeystick, @tomaxwell, @can, @sarahfrier, @brianroemmele, @cbouzy, @shonaghosh, @sweeneytylor, @johncleese, @dcherring, @lexialex, @pkafka, @realrobcopeland, @mattyglesias, @craigcalcaterra, @ellievhall, @karina_reyy, @pjux, @davidrlurie, @scout_finch, @brendelbored, @martinsfp, @largecatboy, @stand_for_all, @andyboxall, @econreporter, @alexhern, @davoyager, @ppavnr, @business_today, and @readkrystalhu
| 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 …
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Reuters, Silicon Valley Business …, The Economic Times, TechCrunch, PCMag, Protocol, and The Verge
| 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 …
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Washington Post, Washington Post, The Guardian, MobileSyrup, Silicon Republic, Financial Times, Protocol, Bloomberg, and Newcomer
Tweets: @elonmusk, @elonmusk, @elonmusk, @nickmartin, @paulg, @waitbutwhy, @waitbutwhy, @adamstein, @anders_iversen, @waitbutwhy, @mehdirhasan, @swipewright, @robschneider, @davekarpf, @darren_mooney, @philthatremains, @manmademoon, @sebastianmurdoc, @ericnewcomer, @contrapoints, @jonhumbert, @laseletzky, @kfury, @thedextriarchy, @gregabbott_tx, @gormoexjourno, @carnage4life, @brendannyhan, @ericnewcomer, @michele_norris, @noahpinion, @franklinleonard, @ericnewcomer, @waitbutwhy, @gaberivera, @mollyjongfast, @sivavaid, @pbump, @omarjsakr, @danahull, @indivisibleteam, @mehdirhasan, @oneunderscore__, @charlesarthur, @wavesblog, @goldman, @lopezlinette, and @ericmgarcia
| 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 …
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Input, Wall Street Journal, Bloomberg, CNBC, New York Times, BBC, The Register, archive.fast-edgar.com, The Verge, Protocol, Newser, Gizmodo, New York Post, The Economic Times, Variety, Finbold, TIME, TheStreet, TechCrunch, Tech News, Electrek, City A.M., Mashable, The Guardian, Financial Times, Benzinga, Aarav's Newsletter, New York Post, The Economic Times, Hollywood Reporter, and Tech in Asia
Tweets: @elonmusk, @lessin, @darcyburner, @amy_siskind, @robtfrank, @parismarx, @tedkempcnbc, @aiddya, @ianbetteridge, and @kirbeep
| 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.| 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 parted ways with its founder, slashed its valuation and shifted its strategy after sales slowed.
Tweets: @shiraovide, @kellen_browning, @gregbensinger, and @eringriffith
| 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 …
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Apple Developer. More:
AppleInsider, The Verge, 9to5Mac, and Daring Fireball
Tweets: @sonnydickson, @lapcatsoftware, and @markgurman
| 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 …
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Salesforce News, Open MIC, Engadget, and Bloomberg
Tweets: @elipariser, @ifeomaozoma, @levisu, @issielapowsky, and @bridgetmarie
| 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.| 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.
More:
Newslit Daily
| 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 …
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Wall Street Journal, TheStreet, PingWest, Bloomberg, PYMNTS.com, and Benzinga
| Kyle Wiggers / TechCrunch: |
Exafunction, which aims to reduce AI development costs by abstracting away hardware, raises a $25M Series A led by Greenoaks and 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.
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Business Wire
| 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
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TechCrunch, The Register, InfoWorld, Digital Trends, DCD, Music Ally, and MobileSyrup
Tweets: @paulpage, @harrymccracken, and @anthony
| Business Wire: |
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TechCrunch, CNBC, Marketing Dive, AdExchanger, The Register, and Light Reading
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