Techmeme
April 25, 2022, 2:35 PM

Top News

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.
More: Reuters, New York Times, The Independent, ZDNet, BBC, CoinDesk, The i Paper, AppleInsider, Finbold, The Information, The Daily Hodl, Euractiv, Pixel Envy, Cryptopolitan, Al Jahom's Final Word, CNBC, Ars Technica, Neowin, iPhone in Canada Blog, The Register, Financial Times, IGN, Gizchina, TheGamer, Reuters, Cryptonews, iMore, Washington Post, London Evening Standard, The Crypto Basic, CNN, CryptoPotato, Appleosophy, Decrypt, Heretic Speculator, The Block, Telecoms.com, MacDailyNews, Изв …, BetaNews, Tech in Asia, TechRepublic, New York Post, Mashable, Insider, 9to5Mac, PC Gamer, Android Headlines, Scripting News, The Hill, Digital Trends, Forbes, PCMag, Daring Fireball, KnowTechie, Search Engine Journal, and MindWar
Tweets: @elonmusk, @henrymance, @nicoleperlroth, @davidsacks, @rabois, @pwnallthethings, @wongmjane, @asymmetricinfo, @deitaone, @neilcybart, @elipariser, @evan_greer, @benedictevans, @reuters, @nikitabier, @chillmage, @frankluntz, @hunterwalk, @thelincoln, @emilybell, @kolchak, @danprimack, @chillmage, @noupside, @mark_dow, @edmundlee, @caseynewton, @blackamazon, @howelloneill, @britnidwrites, @nytimes, @ryangrim, @joyannreid, @benedictevans, @marshallk, @davidsacks, @jessicalessin, @strngwys, @kantrowitz, @1br0wn, @hblodget, @antoniogm, @b_fung, @kantrowitz, @ultimashadowx, @wbm312, @carnage4life, @howelloneill, @sudhirchaudhary, @levie, @michelletandler, @justinhendrix, @cstross, @arctictony, @maxberger, @kurrco, @silvermanjacob, @hblodget, @maxberger, @tristandross, @quinnypig, @mims, @loudmouthjulia, @martinsfp, @obrien, @markdistef, @jilliancyork, @samsheffer, @jimwaterson, @coopercooperco, @austen, @pkafka, @asymmetricinfo, @bocxtop, @youngvulgarian, @karaswisher, @shonaghosh, @bongcapital, @kantrowitz, @alexhern, @gossithedog, @joshuatopolsky, @eric_seufert, @ivanthek, @markdistef, @parmy, @bongcapital, @kelechnekoff, @finallevel, @loganbartlett, @marcoarment, @willystaley, @binarybits, @ruskin147, @martinsfp, @sherman4949, @daveleeft, @daveweigel, @buttlerm, @mikeisaac, @mollyjongfast, @benedictevans, @nixcraft, @fintechfrank, @trungtphan, @silvermanjacob, @mattyglesias, @pwnallthethings, @adamsinger, @steventdennis, @thestalwart, @asymmetricinfo, @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.
New York Times:
Osato Avan-Nomayo / The Block:
A hacker stole millions of dollars' worth of NFTs via a phishing attack compromising Bored Ape Yacht Club's Instagram and promoting a malicious “mint” link  —  Quick Take  — Bored Ape Yacht Club's official Instagram account was hacked.  — A hacker stole 91 NFTs from users …
Jamie Powell / Financial Times:
Tim Copeland / The Block:
OpenSea acquires NFT aggregator Gem, which helps users buy and sell NFTs across marketplaces, for an undisclosed sum; Gem will operate as a standalone brand  —  Quick Take  — NFT marketplace OpenSea has acquired NFT aggregator Gem.  — Gem will continue to operate as a standalone brand.
Financial Times:
UK virtual events startup Hopin, which raised $1B+ and reached a $7.8B valuation, is struggling; its Explore page lists fewer than 500 events, down from 15K+  —  British group gained $7.8bn valuation in pandemic, but lay-offs and slump in secondary market trades have followed
Lucas Shaw / Bloomberg:
Sources: Netflix staff morale is down amid its declining stock price, subscriber losses, and an engineering restructuring to create “junior” and “senior” levels  —  As Netflix shares plunge to their lowest point in five years, the company risks losing its most valuable resource: its star employees.
CNBC:
The UAE grants crypto exchange Kraken a license to operate, after Binance and FTX; Kraken plans to open an HQ in Abu Dhabi and be the first to offer AED trading  —  - Kraken will open an office in Abu Dhabi and become the first exchange to offer UAE dirham trading after receiving a full license …
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 …
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 …

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.
Niantic Spatial:
World models need real-world data  —  Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics.  Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
Digital signatures with Nafath: Secure and compliant for Saudi Arabian businesses  —  Saudi Arabia's Vision 2030 focuses on growing digital-first businesses.  Zoho Sign supports this goal with a simple way to send …
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

Big Technology Podcast:
Tim Cook Steps Down — With Joanna Stern
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.
Grit:
From Airbnb to Linear: How Karri Saarinen Redefined Product Design
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Why half of product managers are in trouble | Nikhyl Singhal (Meta, Google)
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.
Hard Fork:
A.I. Backlash Turns Violent + Kara Swisher on Healthmaxxing + The Zuck Bot Is Coming
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.
Uncapped with Jack Altman:
Max Mullen from Instacart
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
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 2:35 PM 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

MIT Technology Review: