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April 25, 2022, 12:50 PM
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| Bloomberg: |
Source: Twitter could reach a deal with Elon Musk for a takeover at $54.20 per share as soon as Monday — Twitter is in the final stretch of negotiations about a sale to Elon Musk, a person with knowledge of knowledge of the matter said, Bloomberg News reports.
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Reuters, The Independent, New York Times, CoinDesk, The i Paper, ZDNet, AppleInsider, BBC, Finbold, The Information, Ars Technica, Reuters, CNBC, Decrypt, Neowin, Euractiv, iPhone in Canada Blog, The Crypto Basic, Appleosophy, The Register, BetaNews, IGN, TheGamer, Financial Times, Heretic Speculator, London Evening Standard, MacDailyNews, Cryptonews, iMore, CryptoPotato, Tech in Asia, 9to5Mac, The Block, TechRepublic, Изв …, New York Post, Insider, Mashable, The Hill, PC Gamer, Android Headlines, Forbes, PCMag, Scripting News, and Daring Fireball
Tweets: @elonmusk, @henrymance, @rabois, @thelincoln, @pwnallthethings, @wongmjane, @frankluntz, @nicoleperlroth, @nikitabier, @elipariser, @deitaone, @benedictevans, @asymmetricinfo, @hunterwalk, @howelloneill, @reuters, @chillmage, @emilybell, @danprimack, @marshallk, @chillmage, @davidsacks, @jessicalessin, @strngwys, @kantrowitz, @1br0wn, @hblodget, @antoniogm, @evan_greer, @kurrco, @ruskin147, @quinnypig, @benedictevans, @wbm312, @arctictony, @trungtphan, @karaswisher, @loganbartlett, @joshuatopolsky, @howelloneill, @mikeisaac, @bocxtop, @michelletandler, @marcoarment, @b_fung, @asymmetricinfo, @eric_seufert, @asymmetricinfo, @kantrowitz, @finallevel, @jilliancyork, @daveleeft, @carnage4life, @sudhirchaudhary, @levie, @justinhendrix, @cstross, @maxberger, @silvermanjacob, @hblodget, @maxberger, @tristandross, @mims, @loudmouthjulia, @martinsfp, @obrien, @markdistef, @samsheffer, @jimwaterson, @coopercooperco, @austen, @pkafka, @youngvulgarian, @shonaghosh, @bongcapital, @kantrowitz, @alexhern, @gossithedog, @ivanthek, @markdistef, @parmy, @bongcapital, @kelechnekoff, @willystaley, @martinsfp, @sherman4949, @daveweigel, @buttlerm, @noupside, @mollyjongfast, @benedictevans, @nixcraft, @fintechfrank, @silvermanjacob, @mattyglesias, @pwnallthethings, @adamsinger, @steventdennis, @thestalwart, @adamkotsko, @parismartineau, @ninaturner, @jyarow, @s_m_i, @jjvincent, @shonaghosh, @joepompliano, @mmarkovitz, and @narne_kumar06
| Reuters: |
Analysis: Elon Musk's Twitter bid includes a risky $12.5B margin loan, secured against Tesla stock and potentially costing ~$1B/year, and $21B of his own cash — It is the biggest acquisition financing ever put forward for one person. Elon Musk is doing it his way.
More:
The i Paper and Robert Reich
Tweets: @microbear1, @goldietaylor, @drskyskull, @obrien, @charlesarthur, @asemota, @gregroumeliotis, @ngreenberg, and @troutman
| New York Times: |
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| Jamie Powell / Financial Times: |
On a podcast, FTX CEO Sam Bankman-Fried says calling crypto “yield-farming”, where coins are staked for interest, a “Ponzi” is a “pretty reasonable response” — Sam Bankman-Fried describes explains “yield-farming” to Bloomberg. — Honk honk!
Source:
Bloomberg. More:
Web3 is going just great
Tweets: @wallstcynic, @katie_martin_fx, @cavandy, @emilyjnicolle, @tracyalloway, @kofinas, @coryklippsten, @mattzeitlin, @katie_martin_fx, @bc_trevor, @quantian1, @matt_levine, @fxmacro, @degenspartan, @blackamazon, @thestalwart, @thestalwart, @concodanomics, @jamessurowiecki, @davidgura, @robinwigg, @maxwellstrachan, @robinwigg, @ajb_powell, @wallstcynic, @wallstcynic, @realpauleverton, and @silvermanjacob
| Financial Times: |
UK virtual events startup Hopin, which raised $1B+ and reached a $7.8B valuation, is now struggling; its Explore page has <500 events listed, down from 15K+ — British group gained $7.8bn valuation in pandemic, but lay-offs and slump in secondary market trades have followed
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TechCrunch and Newslit Daily
Tweets: @kadhim, @alexhern, @sarthakgh, @triketora, @aallan, @kadhim, and @carnage4life
| Tim Copeland / The Block: |
OpenSea acquires NFT aggregator Gem, which helps users buy and sell across marketplaces, for an undisclosed sum; Gem will continue as a standalone brand — Quick Take — NFT marketplace OpenSea has acquired NFT aggregator Gem. — Gem will continue to operate as a standalone brand.
More:
OpenSea Blog, Decrypt, CoinDesk, and Crypto Briefing
Tweets: @opensea, @mrjasonchoi, @timccopeland, @gemxyz, @dylanorreli, @gemxyz, @mdudas, @mayazi, and @alex
| Mengqi Sun / Wall Street Journal: |
US crypto exchanges and companies are ramping up recruiting legal talent, as the industry faces increased scrutiny; law firms are also building crypto practices — Crypto exchanges and companies are poaching attorneys to help them navigate an evolving regulatory landscape and to cut down legal costs
Tweets: @_mengqisun
| Lucas Shaw / Bloomberg: |
Sources: Netflix staff morale is sagging amid its cratering stock price, subscriber losses, and an engineering restructuring to create levels, such as “junior” — As Netflix shares plunge to their lowest point in five years, the company risks losing its most valuable resource: its star employees.| Washington Post: |
Apple, Amazon, and Google have turned to old union-busting tactics, like surveilling workers suspected of organizing, posting propaganda, and hiring consultants — Tech companies are facing increasing momentum from workers trying to organize — At a Staten Island warehouse set to start … | CNBC: |
The UAE grants crypto exchange Kraken a license to operate, following Binance and FTX; Kraken will establish a regional HQ in Abu Dhabi — - Kraken will open an office in Abu Dhabi and become the first exchange to offer UAE dirham trading after receiving a full license to operate in the country …
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Finbold, Bloomberg, The Block, Crypto Daily, YouTube, CoinJournal, CoinDesk, Cointelegraph, Reuters, Coinspeaker, and CryptoPotato
| Dan Goodin / Ars Technica: |
Oracle patches a critical bug in Java 15 and above, which lets attackers forge TLS certificates and signatures, two-factor authentication messages, and more — A failure to sanity check signatures for division-by-zero flaws makes forgeries easy. — Organizations using newer versions …
More:
Security Boulevard, TechRadar, and CyberWeekly
Tweets: @tqbf, @arstechnica, @ceki, @abbyfuller, @arstechnica, @evacide, @can, @campuscodi, @campuscodi, @ryanaraine, @msuiche, and @campuscodi
| Dean Takahashi / VentureBeat: |
Q&A with Roblox Chief Business Officer Craig Donato on being “all in” on the metaverse, seeing brands as creators, user-generated content moderation, and more — It's a pivotal time for brands as they figure out how to navigate the metaverse.
Tweets: @deantak
| Washington Post: |
North Korean hackers who stole $600M from Axie Infinity are still laundering their haul, recently moving $4.5M of ETH, after the US tried to freeze those assets — Despite U.S. law enforcement identifying the Lazarus Group as the thieves, the hackers have laundered 17 percent of their $600 million haulSponsor Posts
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