Tech Brew Ride Home Tue. 04/05 – Twitter Adds “Passive Investor” Elon Musk To Its Board
Apr 5, 2022
Elon Musk's new role on Twitter's board raises questions about his influence on the company. Meanwhile, Amazon intensifies its competition with SpaceX in the satellite internet race. The NFT market faces challenges with wash trading affecting authenticity, while Axie Infinity struggles to retain players post-hack. A significant security breach at MailChimp has further heightened concerns in the crypto space. Amidst this, users on Reddit engage creatively in a collaborative art project, blending competition and community.
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Musk's Twitter Gambit
- Elon Musk joined Twitter's board after acquiring a 9.2% stake, raising questions about his intentions.
- Twitter limits Musk's ownership to 14.9% while he's on the board, potentially to prevent a takeover.
Amazon vs. SpaceX
- Amazon's Project Kuiper plans to launch 3,236 internet satellites, competing with SpaceX's Starlink.
- Kuiper secured 83 launches over five years, the largest commercial launch procurement ever.
Microsoft Embraces ARM
- Microsoft offers a preview of ARM-based chips for Azure virtual machines using Ampere Ultra CPUs.
- These VMs offer up to 50% better price performance than comparable x86-based VMs.