Bot king: Elon Musk threatened to terminate his $44B Twitter deal over the company not providing information he requested on its bots problem. In related news, audience research tool SparkToro found that 70% of Musk’s Twitter followers are spam, fake, or inactive users. For reference, that number is 41% for other accounts with 65m-120m followers.
Breaking news: CNN removed its Breaking News banner, which described everything as breaking news. Going forward, the label will only be applied to “truly urgent events.”
Oops: An Amazon representative accidentally forwarded an email exchange to Politico where she asked a consultant to push the narrative that increased legislation on Amazon would harm communities of color.
Never give up: JetBlue really wants Spirit Airlines. After Frontier offered Spirit shareholders a $250m payout in case its merger falls through, JetBlue countered with a $350m payout of its own. Analysts speculate that the biggest reason for Spirit rejecting JetBlue’s offer is skepticism that the deal will pass regulators.
Ask Dharmesh: A 3x entrepreneur, Dharmesh Shah has taken HubSpot from a grad school idea to a $1B+ business. Here, the HubSpot co-founder shares his wisdom, from how to evaluate business ideas to navigating a downturn, in an exclusive AMA.
🚨 Join our team: We’re on the hunt for a video rock star to build our YouTube production from the ground up. If you like the sound of working with scriptwriters, producers, and editors to make viral videos that bring The Hustle’s stories to life — check out the role.
Etsy is investing $25m into a purchase protection program. It will cover refunds for up to $250 when issues outside a seller’s control occur. #ecommerce-retail
There will be no new tariffs on solar panel imports for two years, which the White House hopes will get installations on track as it investigates if China is avoiding tariffs by operating in other countries. #clean-energy
Cool: Epigenetic editing is turning genes’ expressions up or down, like a volume knob. And it could be the key to undoing an effect of adolescent binge drinking. #emerging-tech
Ouch: Since 2021, crypto scammers have bilked 46k people out of $1B+, per a new report from the FTC. #privacy
Ivella, a startup to help couples manage their finances, raised $3.5m. The idea is that each person has their own account, but a shared debit card. #fintech-crypto
Uh-oh: Google contractors claim the company that recruited them underpaid them by thousands of dollars. The hourly rate it provided to Google was $5-$10 higher than what workers received. #big-tech