1. Elon Musk will not join Twitter's board. On Sunday night, Twitter CEO Parag Agrawal tweeted a statement: Elon Musk decided not to join our board. Just 5 days ago, Musk announced that he would get a seat on Twitter's board.
Agrawal said Musk's ability to secure a board seat depends on "background checks and formal acceptance by the company," and he will be formally appointed to the board on April 9. But Musk told the company he decided not to join. Agrawal wrote, "I believe this is the best ending."
Musk has been actively promoting on Twitter for the past week that he wants to see "significant improvements" to Twitter, but he has since changed his rhetoric, including reduced content moderation and an increase in edit buttons.
Musk's proposed board appointment has caused controversy within Twitter. Employees have complained publicly that the entrepreneur is a racist. At the same time, Musk also criticized Twitter employees for working from home.
2.Food52 has cut 10% of its workforce and shifted its focus to e-commerce. Before the layoffs, the venture capital firm had just received an $80 million investment from the Chernin Group.
3. Amazon says organizers of unions in New York distribute marijuana to workers to canvass for votes for unions. Amazon's attempt to overthrow the company's first union in history, bribing workers with marijuana, was one of the reasons Amazon opposed the union's formation.
4. Gopuff Express has increased the unit price, reduced the delivery frequency and shortened the delivery time. After the industry turmoil, the courier company decided to lay off 3% of its employees worldwide in order to find ways to reduce costs.
5. In a new lawsuit, luxury retailer Moët-Hennessy Louis Vuitton Group has been accused of illegally collecting facial data from customers. The lawsuit alleges that Moët Moët-Hennessy-Louis Vuitton Group (LVMH), the parent company of Louis Vuitton, collected information about facial scans without the client's authorization when people tried on their virtual glasses.
6. Amazon's horizontal e-commerce site, Suma Brands, laid off a large number of employees. Suma Brands just received $150 million in new funding to grow its acquisition and transaction teams. The year before that, Amazon's horizontal e-commerce set a new sales record.
7. DoorDash is issuing equity to its employees. According to the documents, the company plans to offer additional equity to some of its employees to make up for the decline in its stock price. Since its peak last November, the company's stock price has fallen by more than 50 percent.
8. Jeep launches electric Wrangler concept car. Jeep said its Wrangler Magneto 2.0 can reach 0-60 mph in 2 seconds, rivaling Tesla's $136,000 Model S Plaid sedan and considered the world's fastest production car.
9. The American drama "Dropout" has a total of 18 small details to tell the audience whether the plot is true. Hulu's TV series, which follows the rise and fall of Elizabeth Holmes and her blood-testing startup Theranos, incorporates her secret romance and her iconic voice.
10. Tesla officially delivered the first Model Y equipped with 4680 batteries. On April 11, the Texas Gigafactory officially opened, and Tesla also delivered the first Model Y production car with 4680 batteries produced at the factory.