Techmeme
April 14, 2022, 3:50 PM

Top News

Bloomberg:
Filing: Elon Musk delivers a non-binding proposal to take Twitter private by acquiring all outstanding stock for $54.20 per share, in a cash deal worth ~$43B  —  Elon Musk has offered to buy Twitter for $54.20 per share in cash, according to an updated 13D filing, Bloomberg News reports.
Source: SEC.govMore: BuzzFeed News, CNBC, PR Newswire, Wall Street Journal, Reuters, The Verge, The Verge, Wall Street Journal, New York Times, The Economic Times, Wired, VICE, Forbes, Associated Press, SiliconANGLE, CoinDesk, Bloomberg, The Guardian, The Hill, CNN, Insider, Fortune, Reuters, Philip Elmer‑DeWitt, Axios, Washington Post, CNN, Bloomberg, BBC, Daily Mail, PYMNTS.com, Financial Times, The Guardian, Vox, BetaNews, Insider, TechCrunch, Insider, PCWorld, CNBC, CNBC, Appleosophy, TechRadar, MobileSyrup, iClarified, Politico, AppleInsider, VICE, Silicon Republic, Associated Press, iMore, The Information, Ethereum World News, BuzzFeed News, Axios, and New York Times
Tweets: @elonmusk, @justinsuntron, @fredwilson, @alwaleed_talal, @maxboot, @zerohedge, @rsarver, @benedictevans, @mikeisaac, @kurtwagner8, @moskov, @tayhatmaker, @zei_squirrel, @rbreich, @bchappatta, @rabois, @mcuban, @reckless, @reckless, @caseynewton, @carlquintanilla, @mcuban, @kurtwagner8, @verysmallriver, @scottnover, @alexstamos, @mcuban, @laurenboebert, @tedchris, @alexeheath, @realwillybot, @sbf_ftx, @repmtg, @nichcarlson, @semil, @natesilver538, @normative, @mayazi, @packym, @brianstelter, @lt_winslow, @carnage4life, @parkermolloy, @nic__carter, @iamharaldur, @dan_rowinski, @gregolear, @ericgarland, @ggreenwald, @pkafka, @kurtwagner8, @scottnover, @gaberivera, @rmac18, @suka_hiroaki, @pkafka, @alexstamos, @sarahfrier, @mikeisaac, @rmac18, @kurtwagner8, @sarahfrier, @danprimack, @stevekovach, @kellycnbc, @reckless, @derektmead, @mikeisaac, @danprimack, @caseynewton, @engadget, @litcapital, @nigel_farage, @danprimack, @danprimack, @caroljsroth, @ashleevance, @farronbalanced, @sifill_ldf, @reckless, @gmbutts, @steveschmidtses, @armchairdude, @timobrien, @lizrhoffman, @stokel, @danprimack, @anildash, @willoremus, @matthew_d_green, @mikeisaac, @mayazi, @podsaveamerica, @gergelyorosz, @davepell, @smtuffy, @suhail, @emzanotti, @jimwaterson, @micsolana, @willoremus, @alirayl, @mayazi, @matt_levine, @mtracey, @tw_seal, @matt_levine, @drjengunter, @ivanthek, @ivanthek, @willoremus, @sherman4949, @ldrogen, @jamestitcomb, @neilcybart, @obrien, @benedictevans, @caseynewton, @punk6529, @tracyalloway, @tcarmody, @evan_greer, @benthompson, @caseynewton, @ivanthek, @ericjackson, @notabigjerk, @davewiner, @markscott82, @safeselfdrive, @thestalwart, @danprimack, @paulmozur, @film_girl, @jamestitcomb, @daryrezvani, @markdistef, @mattyglesias, @benedictevans, @jason_pontin, @carnage4life, @williamturton, @deitaone, @tomgara, @shiraovide, @parikpatelcfa, @alexrkonrad, @moskov, @normative, @mhbergen, @jonerlichman, @mgsiegler, @modestproposal1, @alexstamos, and @samro
Mia Sato / The Verge:
Musk says he may not “actually be able to” buy Twitter, he is motivated by its public interest value, it should open source its algorithm, and he has a Plan B  —  The billionaire made his first public comments about his Twitter takeover efforts at the TED 2022 conference
Amir Efrati / The Information:
Source says Twitter's board of directors views Elon Musk's takeover offer as unwelcome, suggesting the company will fight the bid  —  Twitter's board of directors views Elon Musk's takeover offer as unwelcome, said a person familiar with the situation, suggesting it will fight the bid.
Jon Swartz / MarketWatch:
Apple says Meta's plan to take a 47.5% cut of virtual sales in Horizon Worlds “lays bare Meta's hypocrisy” for taking aim at Apple's 30% cut in the App Store  —  Facebook parent Meta Platforms Inc.'s intent to take a nearly 50% cut of digital asset sales within its emerging metaverse …
Sarah Perez / TechCrunch:
WhatsApp announces Communities with admin tools, file sharing, 32-person calls, and more, to let clubs, schools, and other groups host thousand-user chats  —  Meta is throwing billions of dollars into building out the metaverse as the future of social networking but in the near term …
CoinDesk:
The US Treasury says North Korea-backed hacking group Lazarus is tied to the theft of cryptocurrencies worth $600M+ from the Axie Infinity-linked Ronin bridge  —  Ronin was hacked for more than $600 million in crypto late last month.  —  The U.S. Treasury Department alleged …
Jonathan Greig / The Record:
US government agencies warn of custom hacking tools, created by several APT actors, that are designed to compromise IT equipment used in critical infrastructure  —  Several advanced persistent threat (APT) actors have created custom-made tools designed to breach IT equipment used …
Ingrid Lunden / TechCrunch:
DoControl, which develops no-code tools for cloud app log-ins, raises a $30M Series B led by Insight Partners  —  Cloud security is one of the big drivers among enterprises making IT investments this year, according to a recent report from Gartner, which estimated that some $4.4 trillion in IT spend overall in 2022.

Sponsor Posts

Clay:
Turn any GTM idea into reality  —  Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Soxton:
AI-powered law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
Zoho:
Why now: Building cloud infrastructure that the UAE can rely on  —  For years, the main question in the UAE was whether organizations should adopt cloud technology.  Today, cloud adoption is no longer up for debate.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
"Engineers are becoming sorcerers" | The future of software development with OpenAI's Sherwin Wu
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Cheeky Pint:
Ben Thompson from Stratechery on AI ads, the end of SaaS, and the future of media
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
The Nick, Dick and Paul Show:
The Billionaire Button w/ Tim Wu
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Great Chat:
No one won the AI Bowl
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
Who's Winning The AI Race? + Software's Future — With Sridhar Ramaswamy
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:50 PM ET, April 14, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks