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.
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
Elon Musk has purchased Twitter. For a paltry sum of $44 billion … Gabrielle Bienasz / Insider : Cofounder Jack Dorsey was reportedly whispering in Elon Musk's ear that Twitter should be taken privat...
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”
it's going to be hilarious watching Elon ruin Twitter and lose billions in the process https://twitter.com/... Johan Moreno / @dudejohan : I never believed Elon when he said “he doesn't care about the...
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 …
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 … Source: Apple Developer .
Inside Twitter, frustrations have mounted about Elon Musk's moderation plans, ahead of elections in Brazil and the midterm election in the US
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.
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
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.
Amazon reports Q1 revenue up 7% YoY to $116.4B, $3.8B net loss vs. $8.1B net income in Q1 2021, and AWS revenue up 37% YoY; stock down 10%+ on weak Q2 guidance
Airbnb says its employees can work from home or the office moving forward, and their compensation won't change if they move, unless it's to a different country
But Here's The Fine Print Kevin Hurler / Gizmodo : Airbnb Will Stop Giving Refunds for Covid-19 Walter Frick / Quartz : Airbnb's five rules for work-from-anywhere Emma Goldberg / www-nytimes-com.cdn.a...
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.
Google begins work on a new campus spread over a 7.3 acre site in Hyderabad, India, which will be its largest campus outside its headquarters in Mountain View
The new campus prioritises sustainability and energy-efficiency throughout its design. Upon commissioning,
India's Enforcement Directorate says it has seized $725M from Xiaomi's 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) after a probe found …
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.
The US NTIA seeks comments on competition in the mobile app ecosystem, including Android and iOS app store policies, issues web app developers face, and more
Bruce Lawson / Bruce Lawson's personal site :
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 changed its leadership, slashed its valuation and shifted its strategy after sales slowed.
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
Tracy Qu / South China Morning Post :
RelationalAI, which develops knowledge graphs for data-driven apps, raises a $75M Series B led by Tiger Global and adds ex-Snowflake CEO Bob Muglia to its board
RelationalAI, a startup that wants to change the way data-driven applications are built by combining a database system with a knowledge graph …
Global smartphone shipments fell 11% YoY in Q1; Samsung had a 23.8% share, a five-year high, Apple had 18.2%, Xiaomi had 12.4%, Oppo had 9.5%, and Vivo had 8.1%
Linda Sui / Strategy Analytics :
Epic Games, which acquired Bandcamp in March, asks a US court to bar Google from removing its app from the Play Store if it doesn't implement its IAP by June 1
Apple reports Q2 revenue of $97.3B, up 9% YoY, $25B net income, up from $23.6B YoY, authorizes an additional $90B in share repurchases, and hikes dividend by 5%
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
São Paulo-based Inventa, a wholesale marketplace for connecting SMBs with suppliers, raises a $55M Series B led by Greylock, bringing its total funding to $80M
Christine Hall / TechCrunch :
Anthropic, founded by former OpenAI VP of research Dario Amodei to explore large-scale AI models, raises a $580M Series B led by FTX CEO Sam Bankman-Fried
Devin Coldewey / TechCrunch :
Exafunction, which aims to reduce AI development costs by abstracting away hardware, raises a $25M Series A led by Greenoaks, with Founders Fund participating
Kyle Wiggers / TechCrunch :
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.
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.