To tweet or not to tweet | JOMO for 11th
In today’s JOMO: Obviously more Musk melon news, Epic’s epic valuation and Gen Z’s new fav app
🗞In the news
Elon Musk won’t join Twitter’s board after all - Verge
“We announced on Tuesday that Elon would be appointed to the Board contingent on a background check and formal acceptance,” Agrawal writes. “Elon’s appointment to the board was to become officially effective 4/9, but Elon shared that same day that he will no longer be joining the board.”
Hawwww. Not surprised. All the best to Parag and the Twitter board. One wonders if all of this is pre-planned. Btw, Twitter stock fell 8% before recovering… hmm. Also: ‘If Musk had joined the board, he would not be able to acquire more than 14.9% of the company’s shares. Now that he’s no longer joining the board, he can theoretically increase his stake, should he wish to’
For those who dont care about Twitter or Elon, worth just ignoring this. Will last a few day/weeks, at least
Regulatory heat forces Coinbase to halt UPI payments in just three days - ET
“There is an understated rule for payment aggregators to avoid crypto exchanges, even after the new taxation regime was announced. All our (Payment Council of India) members are pretty much avoiding powering exchanges,” said Vishwas Patel, chairman of the Payments Council of India and founder of payment gateway service CCAvenue.
And yet, crypto exchanges are working just fine in India. What gives? Guess the lobbying is so high, that everyone feels keeping things grey is the best way forward. Just like, let’s see, ‘skill based gaming’. The headline is slightly misleading from ET too. There has been no ’regulatory heat’ against Coinbase, which btw, is ran a gala event on 7th Apr in BLR to announce its India launch
🤑🚀Startups, funding etc
Epic Games valued at about $32 bln in funding from Sony, Lego firm - Reuters
Epic is the company that took on Apple and, won. Kinda
Fanatics wants to be a $100 billion company – here’s how it plans to get there - CNBC
The e-commerce company, which sells a variety of official sports merchandise directly to fans, is expanding into online sports betting as investors pile in, fueling speculation about an IPO.
🤩New products, features, launches
Google and iFixit team up to offer Pixel parts online - Ars Technica
Following the lead of Samsung and Apple, Google is supporting DIY repairs. Google's deal with iFixit covers everything back to the 2017 Pixel 2, which is surprising given that many earlier Pixels were made in partnership with Android manufactuers like LG or HTC
Niice
Google Maps brings traffic-light and stop-sign icons to navigation - Ars Technica
Lovely to see Mumbai’s Sea Link toll road vs normal road comparison in the blog post
🤔Interesting read
More like an ‘interesting watch’. Priceless how the cops react. Makes me think, if this happened in India, would the car ‘negotiate’ or would it say: ‘Tu jaanta hai mera bap kaun hai??’
Expedia and BookMyShow signal revival of travel, events and movies - ET
BMS recorded its highest-ever monthly active users at 70 million, and its highest-ever traffic with 250 million customer visits in the month. Pre-covid, this number was about 200 million on average.
Good to hear
Gen Z’s new favorite app - Axios
BeReal encourages users to send one post every day to their friends to show exactly what they're doing in real time. In a push toward authenticity, the app snaps photos from the phone's front and back cameras simultaneously, showing where you are and what you’re doing at the same time. Because users have to send posts within two minutes of getting a randomly-timed notification, they don't have time to make fancy adjustments. Also, the app doesn't include any photo editing tools.
Quite the headline. But definitely an interesting app. The social-game like dynamics are really cool. Want to bet against it?
📊Poll for the day
Have you heard of BeReal?
Nope
Yes
Yes and have tried it
Curated from:
Morning Brew, Verge, Techcrunch, Techmeme, CNBC, Hacker News, Product Hunt and more