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April 21, 2022, 6:45 PM
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| Annie Palmer / CNBC: |
Filing: Elon Musk has secured $46.5B to acquire Twitter, including $25.5B in debt financing via Morgan Stanley and other firms, and is exploring a tender offer — - Elon Musk is exploring whether to commence a tender offer for Twitter, according to a new securities filing.
Source:
SEC.gov and SEC.gov. More:
New York Times, Wall Street Journal, The Register, New York Post, Bloomberg, Forbes, Livemint, Reuters, Axios, Bloomberg, Engadget, Financial Times, TechCrunch, ZDNet, MobileSyrup, SiliconANGLE, Forbes, Bloomberg, Bloomberg, TechRadar, PCMag, The Shortcut, The Guardian, San Francisco Business Journal, The Irish Times, Nikkei Asia, The Verge, Ars Technica, Financial Times, VICE, Financial Times, iPhone in Canada Blog, Variety, and Gizmodo
Tweets: @elonmusk, @apompliano, @laurenshirsch, @elonmusk, @exec_sum, @sonalibasak, @marisakabas, @elonjames, @tante, @rabois, @axios, @garyblack00, @caseynewton, @pkafka, @jtemple, @anthony, @kantrowitz, @alexhern, @alexhern, @pkedrosky, @ivanthek, @anthony, @nkulw, @tonyromm, @danprimack, @danprimack, @liamkillingstad, @stockmktnewz, @rmac18, @modestproposal1, @alexstamos, @neontaster, @cgasparino, @danielnewmanuv, @michaelssmithii, @laurenshirsch, @matthew_d_green, @anthony, @iowahawkblog, @sridinats, @stevekovach, and @louispeitzman
| Bloomberg: |
Elon Musk's free speech promise for Twitter follows years of silencing or punishing criticism at Tesla and SpaceX, including attacking staff trying to unionize — If Elon Musk is able to take over Twitter Inc., his biggest promise is to transform it into a platform for free speech with few restrictions …
More:
Washington Post. Tweets: @josheidelson, @jasonhirschhorn, @markgongloff, @mr_james_c, @rbreich, @sandibachom, @mehdirhasan, @jdcocchiarella, @moreperfectus, and @crtrud
| Wall Street Journal: |
Sources: Meta is reviewing whether COO Sheryl Sandberg pressured the Daily Mail in 2016 and 2019 into killing stories about her then-boyfriend Bobby Kotick — Social-media executive, who dated the Activision Blizzard CEO, was part of campaign to persuade the U.K. tabloid to shelve a potential article
More:
TechCrunch, Silicon Valley Business …, The Guardian, VentureBeat, Gizmodo, GamesIndustry.biz, Bloomberg, Game Developer, dot.LA, CNBC, Engadget, New York Post, The Verge, TheGamer, MobileSyrup, Protocol, Insider, Kotaku, and Windows Central
Tweets: @emilyglazer, @benfritz, @rralstonagile, @rmac18, @markdistef, @kenklippenstein, @juddlegum, @kerikukral, @nickstatt, @issielapowsky, @heminator, @markdistef, @nicktheandersen, @mtthwrose, @markdistef, @peterhimler, @jbflint, @keachhagey, @nicktheandersen, @nicktheandersen, @jason_kint, @johnpaczkowski, @benfritz, @iansherr, @keachhagey, @jasonrdean, @ericgeller, @anthony, @mattzeitlin, @amil, @matthewstoller, @zackwhittaker, @kantrowitz, and @keachhagey
| New York Times: |
Warner Bros. Discovery will shut down CNN+ on April 30, after its March 29 debut; sources: CNN+ had ~150K subscribers and was on pace to hit first-year goals — The new corporate owners of CNN are moving to end the new streaming service after a splashy debut. — In the end, CNN+ lasted less than a month.
More:
CNN, Wall Street Journal, CNBC, Gizmodo, TechCrunch, PYMNTS.com, Washington Post, Engadget, Variety, Adweek, Ars Technica, The Hollywood Reporter, Daily Mail, Benzinga, The Verge, Light Reading, The Guardian, Android Authority, The Hill, TechSpot, Deadline, Android Headlines, The Daily Beast, and Axios
Tweets: @brianstelter, @sarafischer, @trungtphan, @profgalloway, @caseynewton, @jrhennessy, @samstein, @sarafischer, @benmullin, @chrisjbakke, @reckless, @jeffdlowe, @anthony, @lexfri, @samifathi_, @oliverdarcy, @katierosman, @tcarmody, @markberman, @joannastern, @brianstelter, @rakeshlobster, @martinsfp, @lucas_shaw, @nickgillespie, @realtylerzed, @jessehawken, @benedictevans, @dwiskus, @dcseifert, @parkerortolani, @mgsiegler, @wflajosh, @cityofthetown, @delrey, @markleibovich, @carnage4life, @pkafka, @daveweigel, @iansherr, and @jbenton
| Frank Chaparro / The Block: |
Andreessen Horowitz launches a16z Crypto Research, a lab focused on Web3 breakthroughs that can contribute to deployable code, led by academic Tim Roughgarden — Venture capital giant Andreessen Horowitz (a16z) is diving deeper into the crypto market with the launch of a new academic lab dedicated …
More:
Andreessen Horowitz, Protocol, TechCrunch, and CoinDesk
Tweets: @alive_eth, @tim_roughgarden, @joshgans, @smc90, @milesjennings, @ericnewcomer, @kylebrussell, @janehk, @emiliejayg, @sriramk, @sriramk, @ariannasimpson, and @rhhackett
| Lauren Feiner / CNBC: |
In a speech on disinformation, Obama said social media firms' design choices contribute to polarization, and called for more transparency and Section 230 reform — - Former President Barack Obama criticized social media companies for contributing to polarization through design choices on their platforms.
More:
Washington Post, cyber.fsi.stanford.edu, TechCrunch, The Hill, and PCMag
| Taylor Soper / GeekWire: |
Amazon announces a $1B Industrial Innovation Fund to back companies of all stages developing customer fulfillment, logistics, and supply chain technologies — Amazon on Thursday announced a new $1 billion venture fund that the tech giant will use to back companies of all stages developing …
More:
About Amazon, TechCrunch, The Register, SiliconANGLE, Neowin, PYMNTS.com, Protocol, Crunchbase News, Bloomberg, CNBC, and Forbes
| Ryan Weeks / The Block: |
Binance begins enforcing tougher KYC checks, including proof of address, on Russian users with crypto holdings exceeding €10,000, following further EU sanctions — Crypto exchange Binance is enforcing tougher Know Your Customer (KYC) checks for Russian users after the latest wave of European Union sanctions.
Source:
Binance. More:
Bitcoinist.com, Crypto Briefing, The Hill, BleepingComputer, Silicon Republic, crypto.news, PYMNTS.com, Micky, and Protos
Tweets: @rprose, @mskvsk, @rprose, @electroxts, @sbf_ftx, @paulcr2009, and @sbf_ftx
| Jon Porter / The Verge: |
Spotify now lets all creators in the US, the UK, Canada, Australia, and New Zealand upload video podcasts via Anchor, which Spotify acquired in February 2019 — After over a year of more limited tests — All creators in the US, UK, Canada, Australia, and New Zealand can now upload video podcasts …
More:
Spotify, PCMag, TechCrunch, Protocol, Android Central, Wccftech, 9to5Mac, XDA Developers, Forbes, and Engadget
Tweets: @spotifynews and @mignano
| Stephanie Bodoni / Bloomberg: |
After years of regulatory pressure, Google unveils “a full redesign” of its cookie consent banner in Europe, including a “reject all” button, starting in France — Alphabet Inc.'s Google said it's rolling out a new European-wide policy allowing users to more easily avoid …
More:
The Keyword, The Verge, Android Police, TechCrunch, The Register, and Protocol
Tweets: @trevorcroker, @zambros_it, @suka_hiroaki, @bergmayer, @caseynewton, and @tariqkrim
| Cobie: |
Crypto staking evolved from rewards for collateralized coins validating blocks into a Ponzi scheme; Yuga Labs is effectively paying ApeCoin to hold ApeCoin — Recently, I was contacted by a member of the board of ApeCoin, which is the BAYC token's equivalent of a board of directors I guess.
More:
LOL's Newsletter. Tweets: @degenspartan, @cobie, @ron1ndoteth, @tagdemnbagdem, @balesfootball, @cobie, @mrjasonchoi, @fiskantes, @choffstein, @maariabajwa, @notsofast, @mdudas, @mdudas, @deezefi, @idrawcharts, @bobmcelrath, @xbenjamminx, @novogratz, @hollanderadam, @cobie, @durdenwannabe, @emilyjnicolle, and @iamdcinvestor
| MIT Technology Review: |
How AI data-labeling companies like Appen use cheap labor in crisis-ridden countries like Venezuela to manually tag videos, sort photos, and transcribe audio — It was meant to be a temporary side job—a way to earn some extra money. Oskarina Fuentes Anaya signed up for Appen …
More:
Newslit Daily. Tweets: @spirosmargaris, @sesmith, @miad, @akurmanaev, @skinosian, and @charlottejee
| Kif Leswing / CNBC: |
Snap reports Q1 revenue of $1.06B, up 38% YoY, vs. $1.07B est., global DAUs up 18% YoY to 332M vs. 330M est., and net loss up 25% YoY to $360M — - Snap missed Wall Street expectations for profit and sales when it reported first-quarter results on Thursday after the bell.
More:
TechCrunch, Wall Street Journal, Forbes, Bloomberg, Hollywood Reporter, and Snap
Tweets: @edludlow, @qwongsj, @thr, @epro, @richlightshed, @jowens510, @stocktwits, @spyjared, @business, @edludlow, @mattrosoff, and @jyarow
| Javier Espinoza / Financial Times: |
Sources: on Friday, the EU will unveil the Digital Services Act, which bans targeting users based on religion, gender, or sexual preferences, among other rules — Digital Services Act lays out rules for technology groups to keep users safe online — The EU is poised to unveil a law …
More:
Euractiv, Ars Technica, and PYMNTS.com
Tweets: @hillaryclinton, @jesselehrich, @johnnyryan, @javierespft, @javierespft, @muradahmed, @javierespft, and @javierespft
| Annie Palmer / CNBC: |
Amazon unveils Buy with Prime, which lets select third-party merchants use Amazon's shipping and logistics network to fulfill orders placed on their own sites — - Buy with Prime enables third party retailers to take advantage of Amazon's vast shipping and fulfillment network for orders placed on their own site.
More:
About Amazon, The Verge, Input, Thurrott, CNN, TechCrunch, The Register, ZDNet, GeekWire, Bloomberg, Protocol, TechRadar, TechSpot, Gizmodo, PCMag, Wall Street Journal, and iPhone in Canada Blog
Tweets: @nima3rad, @mattmday, @eugenekim222, @delrey, @davehclark, @ericjhonsa, @co2n2r, @anthony, @laurabehrenswu, and @tedkempcnbc
| Canalys: |
India's smartphone shipments hit 38M in Q1 2022, growing just 2% YoY; top vendor Xiaomi fell 24% to 8M, Samsung fell 2% to 6.9M, while Realme grew 40% to 6M — Shanghai (China), Bengaluru (India), Singapore, Reading (UK) and Portland (US) - Thursday, 21 April 2022| Catarina Moura / The Block: |
Crusoe Energy Systems, which uses excess natural gas from oil extraction to mine crypto in 86 data centers, raises a $505M Series C led by G2 Venture Partners — Bitcoin miner Crusoe Energy Systems raised $505 million in a Series C round to accelerate the growth of its mining operations powered …
More:
Business Wire and Bitcoin Magazine
| Oliver Knight / CoinDesk: |
Research: blockchain game companies raised $2.5B in Q1 2022, up 150% YoY; blockchain gaming accounted for 52% of all blockchain activity in March, up 2,000% YoY — Usage and investments across the blockchain-gaming sector increased in the first quarter to make up 52% of all blockchain activity.
Tweets: @coindesk
| Josh Ye / Reuters: |
Chinese social media and e-commerce app Xiaohongshu has laid off 9% of its staff amid crackdowns; Xiaohongshu raised $500M in November at a $20B valuation — Chinese social e-commerce app Xiaohongshu, known as China's answer to Instagram, said it had cut about 9% of its staff as the company joined other internet firms in retrenching.
More:
Pandaily
| Bloomberg: |
Filings: Apple spent $2.5M on US lobbying in Q1 2022, up 34% from $1.86M in Q4 2021; Google spent $2.96M in Q1, up 34% QoQ but flat YoY; Microsoft spent $2.5M — Apple Inc. spent a record quarterly high of $2.5 million on lobbying in the first three months of 2022 amid increased pressure …
More:
CNBC, MacRumors, iPhone in Canada Blog, Philip Elmer‑DeWitt, The Mac Observer, and MacDailyNews. Tweets: @lauren_feiner
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