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THIS WEEK'S TOP STORIES

Bezos weighs in on Musk’s Twitter takeover: ‘Did the Chinese government just gain a bit of leverage over the town square?’
Get your popcorn ready. Jeff Bezos just made his first public comments about Elon Musk’s acquisition of Twitter in a bold way, surfacing a tweet from New York Times reporter Mike Forsythe highlighting Musk’s connections to China via Tesla, which has rising sales and is increasing production capacity in the country.
How Amazon ended up with too much warehouse space — and what it’s planning to do next
Amazon added warehouse space faster than it ultimately needed in response to the challenges of the pandemic, outpacing consumer sales and resulting in an extra $2 billion in costs in the first quarter.
Rajeev Rajan, former engineering lead for Meta in Seattle, is joining Atlassian as CTO
— Rajeev Rajan, who most recently led engineering efforts in Seattle for Meta, is joining Atlassian in May as the company’s new chief technology officer.
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It’s such a good feeling, a very good feeling, for Pittsburgh to know it didn’t win Amazon HQ2
PITTSBURGH — It would have been fun for me if Amazon’s HQ2 had ended up here, not only for the intriguing storylines but for the excuse to visit more often.
Inside Amazon’s first high-tech Go store in suburbia, where there’s more stuff and a made-to-order menu
Amazon Go is growing beyond its traditional urban footprint, ushering in a new era for the high-tech, physical convenience stores with the opening Tuesday of the company’s first suburban location.
A ‘don’t do list’ for founders: VC shares tips for startup leaders
There are a lot of guides and blog posts for founders that provide advice on what to do as a leader of an early-stage startup.
Microsoft earnings preview: Wall Street expects 18% revenue growth on continued cloud strength
Streaming video subscriptions might be more disposable than imagined, but the juggernaut of cloud infrastructure and enterprise services is another matter entirely.
Amazon earnings preview: Analysts bullish despite rising costs and inflation
Update, Thursday afternoon: Amazon stock sinks 10% after Q1 earnings as costs rise amid inflation, supply chain pressure Amazon is facing rising costs, unionization efforts by warehouse employees, and a tight labor market.
Microsoft posts nearly $50B in quarterly revenue, beats expectations due to cloud growth
Continued growth in Microsoft’s cloud business boosted its quarterly revenue to $49.4 billion, up 18%, with profits of $16.7 billion, up 8%, beating Wall Street’s expectations with earnings per share of $2.22.
Report: Prudential’s $2.35B acquisition of Seattle insurance tech startup Assurance has gone ‘sour’
When Prudential Financial acquired Seattle-area startup Assurance IQ for $2.35 billion in September 2019, the deal was heralded as one of the largest acquisitions in Seattle tech history.
Tech Moves: Netflix product leader lands at Google; YouTube CEO to join Code.org board; and more
— Keela Robison, former vice president of product innovation at Netflix, joined Google as vice president of product management leading a team working on search experience.
RelationalAI raises $75M, adds ex-Snowflake CEO Bob Muglia to board
RelationalAI, a Berkeley, Calif.-based startup building “knowledge graphs” for intelligent data apps, raised $75 million in a Series B round led by Tiger Global.
Amazon stock sinks 10% after Q1 earnings as costs rise amid inflation, supply chain pressure
Amazon shares declined more than 10% in after-hours trading Thursday after the Seattle tech giant revealed its first quarter earnings report and provided a lower-than-anticipated sales forecast for the second quarter, due in part to rising costs and inflation.
Tech Moves: Ex-Microsoft manager joins DroneSeed; former WSJ columnist lands at Amazon
— Matt Shaw, former chief people officer at Climate, joined DroneSeed as the startup’s first chief people officer.
Elon Musk will buy Twitter in $44 billion deal, promises to add features and defeat spam bots
Follow-up: Bezos weighs in on Musk’s Twitter takeover: ‘Did the Chinese government just gain a bit of leverage over the town square?’ Elon Musk is buying Twitter.
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