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April 25, 2022, 1:45 PM
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memeorandum
WeSmirchTop 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.
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Reuters, New York Times, The Independent, ZDNet, BBC, CoinDesk, The i Paper, AppleInsider, The Information, Finbold, Ars Technica, CNBC, Cryptopolitan, Euractiv, Neowin, iPhone in Canada Blog, Reuters, CNN, Decrypt, The Crypto Basic, The Register, Washington Post, Financial Times, Appleosophy, IGN, TheGamer, BetaNews, Cryptonews, iMore, London Evening Standard, CryptoPotato, Tech in Asia, The Block, Telecoms.com, Heretic Speculator, TechRepublic, Изв …, MacDailyNews, New York Post, 9to5Mac, Insider, Mashable, and PC Gamer
Tweets: @elonmusk, @henrymance, @nicoleperlroth, @rabois, @pwnallthethings, @wongmjane, @asymmetricinfo, @elipariser, @thelincoln, @frankluntz, @deitaone, @benedictevans, @reuters, @chillmage, @hunterwalk, @emilybell, @nikitabier, @mark_dow, @davidsacks, @danprimack, @edmundlee, @caseynewton, @chillmage, @noupside, @britnidwrites, @nytimes, @joyannreid, @neilcybart, @howelloneill, @marshallk, @davidsacks, @jessicalessin, @strngwys, @kantrowitz, @1br0wn, @hblodget, @antoniogm, @benedictevans, @evan_greer, @ultimashadowx, @kurrco, @ruskin147, @quinnypig, @b_fung, @kantrowitz, @wbm312, @arctictony, @trungtphan, @karaswisher, @loganbartlett, @joshuatopolsky, @howelloneill, @mikeisaac, @bocxtop, @carnage4life, @sudhirchaudhary, @levie, @michelletandler, @justinhendrix, @cstross, @maxberger, @silvermanjacob, @hblodget, @maxberger, @tristandross, @mims, @loudmouthjulia, @martinsfp, @obrien, @markdistef, @jilliancyork, @samsheffer, @jimwaterson, @coopercooperco, @austen, @pkafka, @asymmetricinfo, @youngvulgarian, @shonaghosh, @bongcapital, @kantrowitz, @alexhern, @gossithedog, @eric_seufert, @ivanthek, @markdistef, @parmy, @bongcapital, @kelechnekoff, @finallevel, @marcoarment, @willystaley, @martinsfp, @sherman4949, @daveleeft, @daveweigel, @buttlerm, @mollyjongfast, @benedictevans, @nixcraft, @fintechfrank, @silvermanjacob, @mattyglesias, @pwnallthethings, @adamsinger, @steventdennis, @thestalwart, @asymmetricinfo, @adamkotsko, @parismartineau, @ninaturner, @jyarow, @s_m_i, @jjvincent, @shonaghosh, and @joepompliano
| 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, @asemota, @obrien, @gregroumeliotis, @ngreenberg, @troutman, and @charlesarthur
| New York Times: |
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Tweets: @nytimes, @stevenbjohnson, @claytravis, @kevinroose, @mollyjongfast, @laurenshirsch, @supremezerker, @avik, @omarjsakr, @scottnover, @brianstelter, @taylorlorenz, @karoli, @cheryllynneaton, @srushtigangdev, @danprimack, @ashtonpittman, @blackamazon, @wongmjane, @carnage4life, and @carnage4life
| 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:
Slashdot and Web3 is going just great
Tweets: @wallstcynic, @katie_martin_fx, @cavandy, @emilyjnicolle, @tracyalloway, @kofinas, @coryklippsten, @mattzeitlin, @wallstcynic, @jamessurowiecki, @bc_trevor, @maxwellstrachan, @robinwigg, @realpauleverton, @quantian1, @ajb_powell, @concodanomics, @thestalwart, @matt_levine, @katie_martin_fx, @fxmacro, @degenspartan, @thestalwart, @wallstcynic, @silvermanjacob, @robinwigg, @blackamazon, and @davidgura
| Osato Avan-Nomayo / The Block: |
Millions of dollars worth of NFTs were stolen after Bored Ape Yacht Club's Instagram and Discord were hacked and a malicious “mint” link was promoted — Quick Take — Bored Ape Yacht Club's official Instagram account was hacked. — A hacker stole 91 NFTs from users …
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VICE, CoinDesk, Decrypt, Cointelegraph, Crypto Briefing, CryptoPotato, and Slashdot
Tweets: @boredapeyc, @zachxbt, and @cryptogarga
| 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.
More:
OpenSea Blog, SiliconANGLE, BuzzFeed News, TechCrunch, Decrypt, CoinDesk, and Crypto Briefing
Tweets: @opensea, @0x_b1, @gemxyz, @mayazi, @mdudas, @gemxyz, @mrjasonchoi, @timccopeland, @alex, and @dylanorreli
| 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
More:
TechCrunch and Newslit Daily
Tweets: @kadhim, @alexhern, @sarthakgh, @triketora, @aallan, @kadhim, and @carnage4life
| Mengqi Sun / Wall Street Journal: |
Crypto exchanges and companies are poaching more legal talent, as the industry faces increased regulatory pressure; 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
| 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 …
More:
Finbold, Bloomberg, The Block, Crypto Daily, YouTube, CryptoSlate, CoinDesk, Cointelegraph, Reuters, Micky, Coinspeaker, and CoinJournal
| 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.| Dean Takahashi / VentureBeat: |
Q&A with Roblox Chief Business Officer Craig Donato on being “all in” on the metaverse, seeing brands as creators, moderating user-generated content, and more — It's a pivotal time for brands as they figure out how to navigate the metaverse.
Tweets: @deantak
| 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 …
More:
Security Boulevard and TechRadar
Tweets: @tqbf, @arstechnica, @ceki, @abbyfuller, @arstechnica, @evacide, @can, @campuscodi, @campuscodi, @ryanaraine, @msuiche, and @campuscodi
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