Techmeme
April 25, 2022, 11:00 AM

Top News

Bloomberg:
Source: Twitter could reach a deal with Elon Musk for a takeover at $54.20 per share as soon as today  —  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.
More: Reuters, The Independent, CoinDesk, Finbold, Ars Technica, Reuters, Decrypt, AppleInsider, CNBC, Appleosophy, BetaNews, IGN, CryptoPotato, Financial Times, TheGamer, BBC, Heretic Speculator, 9to5Mac, MacDailyNews, London Evening Standard, New York Post, Cryptonews, iMore, The Block, The Hill, Insider, and PC Gamer
Reuters:
Analysis: Elon Musk's Twitter bid includes a risky $12.5B margin loan, secured against TSLA and potentially costing ~$1B/year, alongside $21B from Musk himself  —  It is the biggest acquisition financing ever put forward for one person.  Elon Musk is doing it his way.
New York Times:
Sources: Twitter's board met Sunday to discuss Elon Musk's bid, which is being considered more seriously after Musk's filing detailed $46.5B in financing  —  The company's 11-member board met with Mr. Musk to discuss his offer to buy the social networking service and take it private.
Jamie Powell / Financial Times:
Mark Gurman / Bloomberg:
iPhone 14 expectations: a larger 6.7" non-Pro Max, while the Pro models will get the A16, a 48MP wide-angle camera, and pill-shaped and circular notch cutouts  —  Even though it may feel like the iPhone 13 just went on sale, the iPhone 14 launch is less than six months away.
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 …
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 …
Emma Roth / The Verge:
Apple warns it will remove apps from the App Store that haven't been “updated in a significant amount of time” and is giving developers 30 days to update them  —  Wiping apps that haven't been updated in a ‘significant amount of time’  —  Apple may be cracking down on apps that no longer receive updates.
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
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.
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.

Sponsor Posts

ElevenLabs:
ElevenAgents by ElevenLabs  —  You know us for voice.  Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency.  Hear it for yourself.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
Introducing Leaderboard in Zoho Publish  —  Managing one business location is straightforward.  Managing ten, fifty, or hundreds?  That's where clarity disappears.When multiple locations operate under the same brand or business …
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

The Talk Show With John Gruber:
'You're Going to Have the Niggles', With Christina Warren
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Lenny's Podcast:
From skeptic to true believer: How OpenClaw changed my life | Claire Vo
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.
Big Technology Podcast:
Why OpenAI Killed Sora, Did Apple Just Save Siri?, Meta's Big Loss
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.
Hard Fork:
The Ezra Klein Show: How Fast Will A.I. Agents Rip Through the Economy?
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Great Chat:
Bubble talk
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.
Tools and Weapons with Brad Smith:
Everybody Goes Home: How technology is helping prevent wildfires from spreading
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:00 AM ET, April 25, 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

Shruti Shekar / Android Central:
James Vincent / The Verge: