April 16, 2022 - Daily Crunch: To complicate Musk's attempt to swallow Twitter, board approves 'poison pill' strategy

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From the Editor's Desk Opinion | Ordinary People Dont Think Like Economists. Its a Problem. Expectations matter in economics. If people think inflation will rise, they will behave in ways that will help make it rise (e.g., asking for bigger raises). If they think the economy is about to grow robustly, they will get more confident, spend more and help create the future they anticipate. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. Access to premium content | No advertisement mailers Work Daily Crunch: To complicate Musk's attempt to swallow Twitter, board approves 'poison pill' strategy Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Work Opinion | The Law That Shaped the Internet Presents a Question for Elon Musk Section 230 gives companies wide latitude to host as much objectionable content as they wish. � � Work $50,000 reward for info leading to the suspected subway shooter will be split 5 ways Authorities are not officially releasing their names, but several people have already stepped into the spotlight, claiming credit for their role in helping NYPD officers capture the alleged gunman. Work New York Public Library makes banned books available for free Anyone 13 and older can access some of the commonly banned books through the library's app. The Brooklyn Public Library has also launched a similar initiative. You Might Like � � � Work The Bidens paid a 24.6% tax rate on $610,702 in earnings, their filings show Vice President Kamala Harris and her husband Doug Emhoff earned $1,655,563 in 2021 and paid $523,371 a federal income tax rate of 31.6% their tax filings show. Work Missouri AG refiles criminal charges in Branson duck boat tragedy that left 17 dead The criminal complaint accuses the captain and two employees of neglecting passenger safety in the 2018 accident. Earlier, a county judge said a local prosecutor did not have enough evidence. � Work Jamie Dimon, other JP Morgan executives donated to centrist Democrat Kyrsten Sinema J.P. Morgan Chase CEO Jamie DImon and other executives donated to Democratic Sen. Kyrsten Sinema as she opposed key elements of her party's agenda. Work 'I will die here, I can't go back to Africa': migrants respond to Rwanda removal Asylum seekers say there is no freedom in Rwanda and fear for their lives if sent to Africa You Might Like � � � Work Announcing the agenda for TechCrunch Sessions: Mobility 2022 TC Sessions: Mobility is back, and this year we are bringing together the best and brightest founders, investors, engineers and experts on the future of transportation for a two-day, in-person event May 18 and May 19 in San Mateo, California. An online day will follow on May 20 to give our audience Work An inside look at a Ukrainian fintech startup adapting to life during wartime Ukrainian IT did not break down it shrank a little, but it is standing firm, providing employment to people, paying taxes, organizing humanitarian help and assisting the Ukrainian army. � Work Uniswap Labs COO says mainstream crypto adoption hinges on accessibility and ease Throughout the web3 world, companies, protocols and projects alike are pushing to onboard a billion users what they see as the tipping point for cryptocurrency use to grow exponentially. Work TechCrunch+ roundup: Musk's Twitter bid, European cannabis survey, borrowing against NFTs The U.S. is the worlds largest cannabis market, but as more European countries consider legalizing recreational use, investors are looking for opportunities in production, distribution and retail. � Work The U.S. city where property taxes rose the most last year will likely surprise you Tax assessments havent kept pace with rising home prices, which could create headaches for homeowners over the next few years. Work Biden Plans to Open More Public Land to Drilling The president is under pressure to bring down gas prices, but any new drilling would be years away. The fees that companies pay would rise sharply. � Work Russia formally protests US weapons shipments to Ukraine Russia this week formally protested the US' ongoing shipment of weapons to Ukraine, sending a diplomatic note to the State Department warning of "unpredictable consequences" should the support continue, according to two US officials and another source familiar with the document. Work CNN Exclusive: 'We need ammo. We need fraud examples. We need it this weekend.' What the Meadows texts reveal about how two Trump congressional allies lobbied the White House to overturn the election. In the weeks between the 2020 election and the January 6 attack on the US Capitol, almost 100 text messages from two staunch GOP allies of then-President Donald Trump reveal an aggressive attempt to lobby, encourage and eventually warn the White House over its efforts to overturn the election, according to messages obtained by the House select committee and reviewed by CNN. � Work Analysis: Joe Biden's numbers are collapsing among a group you really wouldn't expect Young Americans have turned on Joe Biden. Work Ukrainian Jews cope with brutality amid a holiday that celebrates freedom CNN's Jake Tapper meets with some Ukrainian Jews who prepare for Passover Seder as they cope with the brutality of Putin's invasion on a holiday that is supposed to celebrate freedom. Work Gay Missouri lawmaker confronts colleague: 'Gentlemen, I am not afraid of you anymore' Missouri State Rep. Ian Mackey (D) delivered an impassioned speech while challenging a bill that would allow schools to restrict transgender athletes' participation in sports. Work Girl shot while waiting for Easter Bunny after shop owner opens fire on shoplifters A shoe store owner aiming at would-be shoplifters opened fire in a California mall but struck a 9-year-old girl waiting in line to see the Easter Bunny, police said. Work JD Vance said in 2016 the Republican Party's three-decade strategy was antagonizing Black voters Campaigning for the Senate in Ohio in recent weeks, J.D. Vance has ridiculed claims that advocates of a border-wall were "racist." But in multiple appearances in 2016, he made a similar argument to the one he is currently ridiculing -- including saying that Republican electoral strategy had been to antagonize Black voters and minorities for three decades. Work NASA puts Artemis moon rocket through crucial paces ahead of launch The NASA Artemis I mega moon rocket may face another attempt at its crucial prelaunch ground test as early as April 21, according to the space agency's officials. Artemis I experienced a leak during its third attempt at a test on Thursday. Work UK, US health officials investigating cases of severe hepatitis with unknown causes in children A slew of acute hepatitis cases among children in the US and UK have public health officials searching for the cause. Work 'Thank You for Not Killing Us' An ordeal at a mental health facility in Ukraine illuminated the horrors of the Russian occupation in the areas around Kyiv. Work Anticipating the need for coastal defense, Ukraine asked for anti-ship missiles, U.S. officials say. Work Most Broadway Theaters Will Drop Vaccine Checks, but Not Mask Mandate The owners and operators of the 41 theaters have decided to relax audience safety protocols that have been in place since last summer. Work He Was on His Way to Work. Then the Subway Car Filled With Smoke. Houari Benkada was fasting for Ramadan and had woken up for a pre-dawn meal with his mother before setting off for work at the New Yorker Hotel. He is recovering from a gunshot wound. Work Before Charges in a Subway Attack, Decades of Disputes and Petty Offenses As he drifted from New York to Milwaukee, Frank R. James has faced criminal charges over the years but nothing on the scale of the mass-shooting the police said he committed this week. Work Days After Ouster, Imran Khan Is Back on the Trail in Pakistan With fiery critiques of his rivals and the U.S., the former prime minister has drawn thousands to rallies across Pakistan and stoked fears of more political turmoil. Work Breaking Up With Peloton The stationary bikes convenience made it a pandemic winner, but some former fans are done working out at home. Work Opinion | Kathy Hochul Is Standing on a Very High Glass Cliff Sex scandals, harassment, bullying, bribery.Can New Yorks first female governor changethe states political culture? Work Opinion | On Homelessness, Mayor Eric Adams Needs a Little Religion People experiencing homelessness are our neighbors. Work Opinion | Bill Gates: How to Develop Life-Saving Drugs Much Faster We need to accelerate our work on safe medicines that help combat quick-spreading pathogens like the coronavirus. Work Within 10 Days, Three Sikhs Were Attacked on the Same N.Y.C. Block Residents are fearful in a quiet Queens neighborhood, where younger Sikhs have begun to escort their elders to the temple. Work A White Author's Book About Black Feminism Was Pulled After a Social Media Outcry The book Bad and Boujee centers on Black womens experience, but critics said it was written by a white professor and was flawed in its execution. Work Dressage Coach Acquitted of Shooting Student by Reason of Insanity Michael Barisone, an Olympic equestrian coach, was found not guilty after arguing in court that he had been subjected to abuse before shooting his riding student. Work Franz Mohr, Piano Tuner to the Stars, Is Dead at 94 I play more in Carnegie Hall than anybody else, he said of his career adjusting instruments for Horowitz, Gould and others, but I have no audience. Work 'A Magician Up There': How It Feels to Watch Ja Morant Fly An aerial artist. A skateboarder. A BMX rider. A skydiving instructor. They all see parallels between what they do and what Morant does when he dunks in the N.B.A. Work Zelenskyy: 'Countries Have To Be Worried' About Putin Possibly Using Nuclear Weapons The Ukrainian president made the chilling warning to CNN's Jake Tapper as Russian losses continue to mount. Work Rashida Tlaib Slams 'Wrong, Cruel' Storming Of Al Aqsa Mosque By Israeli Police During Ramadan, Israeli police deployed tear gas and stun grenades at the holy site, injuring dozens and arresting hundreds of Palestinians. Work Jen Psaki Has Perfect Response When Asked If Peter Doocy Is Really A 'Stupid Son Of A B***h' Psaki and the Fox News reporter have gone head-to-head in press briefings, but at least she has a sense of humor about it. Work Outrage Grows After Police Refuse To Name Officer Who Shot Patrick Lyoya After video showed a Grand Rapids officer fatally shooting Lyoya, an unarmed Black man, questions arose about the missing details. Work Texas Gov. Makes Deal With 2 More Mexican Leaders On Supply Chain Crisis He Created The GOP governor, Greg Abbott, has raised eyebrows for the deals he's made with Mexican state governors. Work Jerry O'Connell Sorry He Wasn't There For Wil Wheaton On 'Stand By Me' Set The two shared a moving moment after O'Connell apologized to Wheaton for not being aware of the childhood abuse he had suffered. Work For People With Anxiety Or Insecurities, It's Hard To Lose The Mask Dropping mask mandates doesn't just affect a person's COVID risk. Some also have also relied on face coverings for their mental health. Work 23 Of The Funniest Tweets About Dogs And Cats This Week "My dog, who does not pay rent or bills and is, himself, a bill, has sighed three times in the past five minutes." Work Missing Wallaby Found Hiding In Bush Near Memphis Zoo Exhibit Honey Bunch hadn't been seen for 36 hours before being found Friday morning. Work The Unreasonably High Cost To Make A Phone Call From Prison Might Come Down Soon The late Martha Wright-Reed became a phone justice activist after having to choose between paying for her medication and speaking with her grandson. Work Ukraine has received nearly $900 million in charitable donations as the Ukraine-Russia war continues Celebrities and private sector companies are joining in with large charities to send funds to displaced Ukrainian refugees. Work Microaggressions, diversity, and career advancement: Why Black people are joining the Great Resignation Black workers are leaving their jobs in droves, here's why. Work Now we know who's behind one of the largest crypto heists in history: North Korea North Korean hackers made off with $615 million in cryptocurrency from a recent hack of the blockchain game Axie Infinity. Work Xi's Shanghai lockdown and Putin's Ukraine invasion are screwing up the inflation picture The two events have set back all efforts to fight inflation, and the U.S. might have to brace for higher prices. Work An anonymous social network that lets you complain about your job is exploding in popularity during return to office and the Great Resignation Apple and Goldman Sachs employees are using Blind to vent about their companies and careers. Work Australia live news election updates: Scott Morrison backs Warringah Liberal candidate Katherine Deves and says he agrees with Tony Abbott; NSW records 18 Covid deaths Follow the latest news live Work Sydney acid attack: woman taken to hospital after being assaulted by three men in face masks Woman, 32, left with injuries to her face after incident on Dixon Street in Haymarket Work Scott Morrison faces Liberal mutiny over Warringah candidate Katherine Deves' trans views NSW treasurer Matt Kean and long-time Liberal activist Walter Villatora call for Deves to be disendorsed Work Anthony Albanese commits to anti-corruption watchdog by end of 2022, if Labor wins election Scott Morrison under pressure over integrity commission failure and $500,000 payout to ex-ministerial staffer Work More than $3bn of social housing sold by NSW government since Coalition took power Data also reveals the government has fallen well behind its own targets for new dwellings Work George Christensen changes the dynamic for an already intense Senate race in Queensland Analysis: Plenty of high-profile candidates are chasing rightwing votes, but only one will likely get a Senate seat Work Russia-Ukraine war: what we know on day 52 of the invasion Ukraine braces for revenge attacks after Russian warship Moskva sunk; bodies of more than 900 civilians found in Kyiv region Work 70% of female teachers have faced misogyny in UK schools, poll shows Survey confirms culture of sexual harassment in classrooms amid influence of incel movement Work Charity single recalls human cost of Grenfell tragedy five years on Rappers and singers from local area discuss feelings of loss and hope on track marking anniversary Work Kamala Harris again earns over twice as much as Joe Biden, tax returns show The vice-president and her husband reported a gross income of $1.7m while the Bidens made $611,000 Work Scott Pruitt, Trump's scandal-ridden environment chief, to run for US Senate Former EPA administrator is seeking seat being vacated by Republican senator Jim Inhofe in Oklahoma Work Putin, Ukraine and the revival of the west The strength and unity of the response to Russias invasion surprised the Kremlin but some have accused the west of hypocrisy Work Leigh voters divided over whether to remain loyal to Johnson Residents say PM broke the law over partygate but some still giving him benefit of doubt Work US says Ukraine missiles hit Russian warship as Moscow threatens Kyiv Ukrainians jubilant over sinking of flagship while Kremlin vows retaliation and expels EU diplomats Work Patel pushes ahead with Rwanda migrant plan despite objections Home secretary issues ministerial direction to proceed with contentious Rwanda scheme Work Easter and the moments that change a life Our ordinary lives hold the capacity for experiencing true wonder and unexpected epiphanies Work Labour raises fresh questions over Sajid Javid's tax affairs Wes Streeting criticises health secretary for failure to provide clarity on previous non-dom status Work Joe Biden resumes oil and gas leases on federal land White House reverses climate change initiative under pressure to reduce high petrol prices Work Here's how much President Biden paid in taxes On Friday, three days ahead of tax day for most Americans, President Joe Biden and Vice President Kamala Harris released the completed tax returns from their first year in office. Work What Musk Can Do if Twitter Rejects His $43 Billion Bid Committed financing is the key to Elon Musk's $43 billion bid to buy Twitter. It's unclear if the billionaire has it. Work Top U.S. officials to discuss migration in Panama next week Top U.S. officials to discuss migration in Panama next week Work QSP, XDB and AST post double-digit gains amid sideways moving market QSP, XDB and AST post double-digit gains amid sideways moving market TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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