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Elon Musk Won’t be Joining ❌ Twitter Board, says Company CEO
Tesla CEO Elon Musk has decided not to join Twitter’s board, according to a tweet from the company’s CEO Parag Agrawal.
In a Twitter post, Agrawal said, “Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here.”
He added saying that the board offered him a seat after several discussions and believed that Musk as a fiduciary of the company was the best path forward.
He added that Musk’s “appointment to the board was to become officially effective on 4/9, but Elon shared the same morning that he will no longer be joining the board.”
Since Musk’s disclosure of his 9.2% stake in Twitter, his growing interest in the micro-blogging platform has enchanted the social media world as he has been publicly tweeting his ideas for the company.
Recently, he posted a Twitter poll about the edit button requirement, turning the company’s headquarters into a shelter for homeless people, among other suggestions.
YouTube is Testing 🧪 Stricter Comment Moderation System
Over the years, YouTube has had a problem with spam comments, which is evident in many bigger channels in which videos can add up to thousands of responses.
As such, several YouTube creators have expressed disappointment with an increase in comment spam on their channels in recent months, who often find more malicious commenters trying to scam their viewers with spam comments.
YouTube has several tools to fight malicious comments, and it removes numerous such comments automatically.
In the fourth quarter of 2021 alone, YouTube used machine learning and human verification to remove more than 950 million comments for violating the company’s policies on spam, deception, and fraud.
However, YouTube believes that these tools are not enough and hence the company has started to test a new comment moderation function to increase the “severity” of potentially inappropriate comments, which will automatically be held for review.
YouTube spokesperson Mariana De Felice confirmed the experiment and said, “Hoping it can make a dent in this comment spam we’ve been seeing so much lately.”
Coinbase Hits a Snag Days After India 🇮🇳 Launch
Cryptocurrency trading platform Coinbase has stopped accepting payments done through the Unified Payment Interface (UPI) in India just three days after its launch in the country.
Coinbase has put up a disclaimer saying that it has “temporarily” suspended purchases using the method.
This move comes after the company came under the scanner of the National Payments Corporations of India (NPCI) for launching payments services in India.
NPCI, which is an organization for facilitating and monitoring UPI payments in India, said that it is not aware of any crypto exchange using the UPI for transactions.
In a statement, NPCI said, “With reference to some recent media reports around the purchase of Cryptocurrencies using UPI, National Payments Corporation of India would like to clarify that we are not aware of any crypto exchange using UPI.”
The issue comes at a time when the Indian government has imposed a 30% tax on any gains generated via cryptocurrency trading starting April 1.
And now, after the NPCI statement, Coinbase suspended accepting UPI payments, leaving banks no choice but to stop UPI transactions on Coinbase.
Health-Tech Startup Viz.ai Raises $100 Million in Series D Funding 💰
Viz.ai, an AI-powered disease detection & care coordination platform, has raised $100 million in its Series D funding round at a valuation of $1.2 billion.
The round was led by Tiger Global and Insight Partners. Existing investors Scale Ventures, Threshold, GV, Kleiner Perkins, Sozo Ventures, CRV, and Susa also participated in the funding.
Founded by Chris Mansi and David Golan in 2016, Viz.ai is a medical imaging startup that helps optimize emergency treatment using deep learning technology.
The company leverages artificial intelligence to accelerate care coordination, reducing systemic delays that stand between patients and life-saving treatments.
Its mission is to fundamentally improve how healthcare is delivered in the world, through intelligent software that promises to reduce the time to treat and improve access to care.
The company has already signed partnerships with several of the world’s largest life science companies to provide its services.
Viz.ai will use the fresh funds to support its significant growth trajectory; expand its platform to detect and triage additional diseases, and grow its customer base globally.
Around the Web 🌐
Digital Media Company Tastemade Raises $35 Million in Funding: Tastemade, the lifestyle & food digital network and studio, has raised $35 million in its Series E funding round. The funding was led by Goldman Sachs Growth Equity (GS Growth) and also saw participation from new investors Amazon and Cool Japan Fund, along with existing investors Redpoint Ventures, Raine Ventures, Comcast Ventures, and Liberty Media.
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