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Zuck and Co. are launching a major platform redesign as Facebook attempts to move beyond years of privacy-related scandals and promote group-based communications rather than the public-square newsfeed – NYTimes and WSJ and MarketWatch and Bloomberg

The latest on the White House’s Fed Board pick Stephen Moore’s chances to join the central bank, a less-than-certain affair at the moment – NYTimes and WSJ and Bloomberg

Turns out Mr. Buffett’s gone and got himself all bound up in the Occidental/Anadarko maneuverings, thanks to a $10 billion investment in the former’s recent bid for the latter – WSJ and Bloomberg and Law360

Tesla will dramatically cut prices in hopes of regaining “its status as the nation’s leading rooftop solar company,” a title it lost last year – NYTimes

Monday’s sluggish earnings report helped drive Alphabet stock way down yesterday [WSJ], while Apple softened the blow of decreased profit with news of a higher dividend and a massive forthcoming buyback plan – WSJ and Bloomberg and NYTimes

We told you this was coming with Insta’s work on a more seamless buying experience, and we now have a better look at the “future of e-commerce” that enables influencers to directly funnel followers to the buying process via Instagram’s new “Checkout” function – NYTimes

The OCC is out with its new Innovation Pilot Program for fintech companies, the long-awaited sandbox that allows banks under its “regulatory umbrella an opportunity to run small-scale, early-stage trials for new fintech-powered products and services in consultation with the agency” – Law360

Exercise-craze-inducing company Peloton is taking to the courts in an effort to keep its users pedaling to the beatz of the moment by suing a set of music publishers and industry trade orgs, “alleging they engaged in anticompetitive behavior by banding together to extract unfair licensing terms for music used on Peloton’s video-streaming stationary exercise bikes” – WSJ and Law360

The White House is taking its usual hands-off approach as the Fed prepares to wrap its April meetings today – Bloomberg and NYTimes

The Library of Congress is celebrating the centennial of Children’s Book Week by making a new collection of very old kids’ books available online.  Fascinating (and at times troubling and revealing) stuff that’s worth a spin – NYTimes

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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