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10 Things in Tech: Musk's U-turn

Jordan Parker Erb   

10 Things in Tech: Musk's U-turn

Howdy, readers. We're breaking down what $4 about joining Twitter's board, and showing you $4.

Let's get to it.


If this was forwarded to you, sign up here>$4. Download Insider's app – click here for iOS>$4 and here for Android>$4.


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1. Inside Elon Musk's Twitter U-turn. It all unfolded $4: Musk was revealed to have spent billions to become Twitter's largest shareholder. He was offered a seat on the board. Then, after accepting — and posting about $4 — he ultimately declined the role. Now, experts and analysts share what could have changed his mind:

  • One consideration $4: "When you go on the board of directors of a company, your degrees of freedom as an investor are substantially restricted," former SEC Chair Jay Clayton told CNBC.
  • Alternatively, he could be angling to buy the company. Joining Twitter's board would have limited Musk to buying only 14.9% of the company. Without that limitation, Musk is free to $4 if he so wishes.
  • Or maybe, the prolific poster simply wanted to tweet in peace and scrutinize the company freely, without the burden of having to face that company's board.

Catch up on a chaotic week for Musk and Twitter.>$4


In other news:

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2. Apple's privacy changes could wipe almost $16 billion from tech platforms this year. One year later, Apple's App Tracking Transparency update is still wreaking havoc on tech companies, and a new analysis estimates it could severely dent Meta, YouTube, Snap, and Twitter's revenues. $4

3. A 23-year-old explains how she went from intern to Andreessen Horowitz partner in a year. Carra Wu dropped out of Harvard (twice) and interned with Apple and Microsoft — all before becoming A16Z's youngest check writer and a rising star in the crypto investing world. $4

4. A man who returned his $116,000 Tesla Model X in 2020 is still paying for it two years later. CNBC reported the man tried to use a policy Tesla had of seven-day no-questions-asked returns, but that the company had $4 the policy. $4

5. A mental-health crisis is brewing in Silicon Valley. Insider spoke with tech workers who said sexual issues, burnout, and distress are forcing them to reprioritize their well-being, with many leaving to find more "meaningful" careers — and some say $4

6. Netflix is introducing a new way to tell its algorithm you love a movie or TV show. "Two Thumbs Up" allows users to "love" titles, and is meant to improve the content that Netflix recommends to viewers. $4

7. GoFundMe's "do-gooder" brand is being called into question amid right-wing crowdfunding. Despite booming business and a potential IPO, GoFundMe's position as the go-to platform to raise money has pushed it to the heart of some of the past few years' most contentious political fights — and it has thrown it and its employees $4

8. Google is withdrawing job offers to candidates with Russian addresses.The tech giant $4 to an Egyptian student and a Syrian student because they are currently studying at a Russian university.


Odds and ends:

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9. Wii Sports is back — for the Nintendo Switch. Get ready, former Wii Sports champions: Nintendo Switch Sports, complete with tennis, bowling and volleyball, will be released on April 29. $4

10. Fast food chains have entered the metaverse. Retail chains are opening up virtual locations accessible through VR headsets, and in some, customers can receive codes for real food. $4


What we're watching today:

  • Forbes is releasing the Midas List of the world's 100 top venture capitalists.
  • Startup Grind Global Conference 2022 starts today $4
  • CIO's Future of Cloud Summit takes place $4
  • Devnexus, $4, starts today in Atlanta.

Keep updated with the latest tech news throughout your day by checking out$4 a dynamic audio news brief from the Insider newsroom. Listen here.>$4


Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb>$4.) Edited by Michael Cogley in London.

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