Month: April 2022

Sources detail how Elon Musk’s Twitter bid succeeded: Morgan Stanley gathering support for $25.5B in loans, overcoming initial shareholder doubts, and more (Financial Times)

Financial Times: Sources detail how Elon Musk’s Twitter bid succeeded: Morgan Stanley gathering support for $25.5B in loans, overcoming initial shareholder doubts, and more  —  Tesla boss convinced Wall Street sceptics to back his $44bn takeover offer  —  Just 12 days ago, some of the most experienced operators …

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Analysis: Huawei spent $22.1B, or 22.4% of its revenue, on R&D in 2021, seeking to sidestep US sanctions; Meta invested 20.9% into R&D, far above its US peers (Bloomberg)

Bloomberg: Analysis: Huawei spent $22.1B, or 22.4% of its revenue, on R&D in 2021, seeking to sidestep US sanctions; Meta invested 20.9% into R&D, far above its US peers  —  Few companies devote more of their revenue to research than Huawei Technologies Co., for which developing new technologies …

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NPD Group: consumer spending across video game hardware, content, and accessories declined 15% YoY to $4.9B in March, and fell 8% YoY to $13.9B in Q1 2022 (Jeff Grubb/VentureBeat)

Jeff Grubb / VentureBeat: NPD Group: consumer spending across video game hardware, content, and accessories declined 15% YoY to $4.9B in March, and fell 8% YoY to $13.9B in Q1 2022  —  Gaming fans in the United States spent less on video game products in March, according to industry-tracking firm The NPD Group.

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Lofipi Keeps the Chill Beats Coming

These days, many people love having some lo-fi beats on when they chill and study. This has led to a cottage industry dedicated to producing said beats, and the format continues to grow in popularity. [Nicholas Sherlock] decided to build a custom audio device solely for the delivery of these comfortable tunes. As seen on

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Amazon’s Buy with Prime will make it difficult for Shopify to get its own shipping solution to scale by deepening Amazon’s already impregnable moat in logistics (Ben Thompson/Stratechery)

Ben Thompson / Stratechery: Amazon’s Buy with Prime will make it difficult for Shopify to get its own shipping solution to scale by deepening Amazon’s already impregnable moat in logistics  —  Five months and $134 billion in market cap ago (before the stock slipped by 68%), Bloomberg Businessweek purported to explain …

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Australia’s competition watchdog sues Uber and seeks a A$26M fine after Uber admitted to misleading consumers about ride fare estimates and cancellation fees (Sameer Manekar/Reuters)

Sameer Manekar / Reuters: Australia’s competition watchdog sues Uber and seeks a A$26M fine after Uber admitted to misleading consumers about ride fare estimates and cancellation fees  —  Australian competition watchdog said on Tuesday it is suing U.S-based Uber Technologies Inc (UBER.N) after the ride-hailing platform admitted …

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Hour One, which enables businesses to create AI-powered digital human avatars for the workplace, raises a $20M Series A led by Insight Partners (Taryn Plumb/VentureBeat)

Taryn Plumb / VentureBeat: Hour One, which enables businesses to create AI-powered digital human avatars for the workplace, raises a $20M Series A led by Insight Partners  —  An employee logs on, spends a few minutes filming themselves speaking and gesturing, then types in text.  —  Later, their generated digital …

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Elon Musk is buying Twitter to protect his ability to tweet, which is vital to his current and future business interests, as Tesla’s stock appears to be peaking (Ranjan Roy/Margins)

Ranjan Roy / Margins: Elon Musk is buying Twitter to protect his ability to tweet, which is vital to his current and future business interests, as Tesla’s stock appears to be peaking  —  A mini-grand theory on what he’s up to with Twitter … A running theory of mine is that, in January 2018 …

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Learning Electronics By Just Doing It

Learning anything new, especially so broad and far reaching as electronics, can be hard. [IMSAI Guy] knows this because he gets asked regularly “how do I learn electronics?” Many of you reading this will have a few ideas to pass along (and we encourage you to share your take on it in the comments below)

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Former executives say Twitter, which has long been an underperformer, stands a better chance of improving the service as a private company run by Elon Musk (Casey Newton/Platformer)

Casey Newton / Platformer: Former executives say Twitter, which has long been an underperformer, stands a better chance of improving the service as a private company run by Elon Musk  —  What employees are saying.  PLUS: Musk’s key decisions  —  In the moments before Elon Musk bought Twitter, the company Slack channels were lit up

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Elon Musk’s bid is also a political takeover of Twitter that would let him impose his libertarian ideology on questions of moderation and misinformation (Brad Stone/Bloomberg)

Brad Stone / Bloomberg: Elon Musk’s bid is also a political takeover of Twitter that would let him impose his libertarian ideology on questions of moderation and misinformation  —  Behind Elon Musk’s increasingly likely takeover of Twitter is the status of former President Donald Trump’s suspended account.  But first…

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