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Interviews with former and current Microsoft employees suggest a widespread pattern of executive misconduct persists, years after Satya Nadella vowed to end it (Ashley Stewart/Insider)
Apple to raise pay for US hourly workers to $22/hour, a 45% rise from 2018, amid inflation and unionization push; starting salaries in US also expected to rise (Tim Higgins/Wall Street Journal)
DeFi-focused startup Common raises $20M from Spark Capital, Polychain, Jump, Wintermute, and others for Commonwealth, its community management platform for DAOs (Kate Irwin/Decrypt)
Zip, whose cloud SaaS product lets businesses simplify their internal procurement process, raises a $43M Series B led by YC Continuity at a $1.2B valuation (Mary Ann Azevedo/TechCrunch)
Airspace, a logistics startup that uses AI to optimize time-critical deliveries globally, raises $70M led by DBL Partners, bringing its total funding to $138M (Eric Rosenbaum/CNBC)
The UK orders a security review of chipmaker Newport Wafer Fab's sale to Nexperia, the Dutch subsidiary of China's Wingtech, after reportedly not intervening (Chad Bray/South China Morning Post)
Twitter agrees to pay $150M to the FTC, settling allegations that it misrepresented the "security and privacy" of user data between May 2013 and September 2019 (Diane Bartz/Reuters)
Peter Thiel steps down from Meta's board, on which he secured a seat in 2005 after investing $500K; Meta announced in February 2022 that Thiel would be leaving (Issie Lapowsky/Protocol)
Sources: business travel and expense management service TripActions is in talks to raise funding at a ~$9B valuation; TripActions raised $275M in October 2021 (Bloomberg)
Sources: one-click checkout service Bolt has laid off 100+ employees across go-to-market, sales, and recruiting roles amid slowing revenue and customer growth (TechCrunch)
Filing: Elon Musk plans to provide an additional $6.25B in equity financing for his Twitter buyout, boosting his commitment to $33.5B; Twitter's stock jumps 7%+ (CNBC)
Nvidia reports Q1 revenue up 46% YoY to $8.29B, including Data Center up 83% to $3.75B and Gaming up 31% to $3.62B, forecasts Q2 below estimates; stock down 5%+ (Kif Leswing/CNBC)
Twitter shareholders vote to remove Silver Lake co-CEO Egon Durban from the company's board; Durban is a long-time business associate and backer of Elon Musk (CNBC)
Leaked video: Apple SVP of Retail + People Deirdre O'Brien tells employees that joining a union would make it harder for Apple to improve working conditions (Lauren Kaori Gurley/VICE)
Jack Dorsey leaves Twitter's board of directors, effective today; Dorsey has discussed rolling over his 2.4% Twitter stake into Elon Musk's takeover deal (Dan Primack/Axios)

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