Techmeme
April 14, 2022, 8:30 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: PR Newswire, CNBC, The Verge, Wall Street Journal, New York Times, Reuters, Associated Press, Washington Post, Wired, Bloomberg, BetaKit, The Information, Reuters, The Economic Times, Philip Elmer‑DeWitt, Axios, The Atlantic, CNN, Bloomberg, Salon, BBC, Daily Mail, Reuters, Vox, VICE, Sublink, AppleInsider, ZDNet, Insider, Financial Times, Jerusalem Post, Platformer, Fast Company, Crypto Briefing, Insider, TechCrunch, CNBC, Sky News, New York Times, Insider, iClarified, TechRadar, MobileSyrup, Silicon Republic, PCWorld, Ethereum World News, and Appleosophy
Tweets: @elonmusk, @alwaleed_talal, @justinsuntron, @fredwilson, @maxboot, @elonmusk, @zerohedge, @shoshanazuboff, @benedictevans, @rabois, @bchappatta, @rsarver, @zei_squirrel, @mikeisaac, @shoshanazuboff, @shoshanazuboff, @kurtwagner8, @mcuban, @mcuban, @mcuban, @carlquintanilla, @verysmallriver, @alexstamos, @repmtg, @laurenboebert, @tayhatmaker, @tedchris, @lt_winslow, @alexeheath, @moskov, @pmarca, @rbreich, @realwillybot, @matt_levine, @reckless, @reckless, @alexstamos, @sbf_ftx, @natesilver538, @mayazi, @kurtwagner8, @brianstelter, @carnage4life, @ryanmoore, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @caseynewton, @scottnover, @ggreenwald, @scottnover, @litcapital, @danprimack, @kantrowitz, @danprimack, @amy_siskind, @szhang_ds, @caroljsroth, @ashleevance, @nigel_farage, @sifill_ldf, @reckless, @timobrien, @alexweprin, @fpwellman, @stokel, @normative, @nichcarlson, @engadget, @danprimack, @anildash, @mikeisaac, @willoremus, @matthew_d_green, @mikeisaac, @mayazi, @sarahfrier, @podsaveamerica, @reckless, @gergelyorosz, @davepell, @smtuffy, @suhail, @emzanotti, @danprimack, @jimwaterson, @micsolana, @willoremus, @alirayl, @parkermolloy, @mayazi, @matt_levine, @mtracey, @tw_seal, @matt_levine, @suka_hiroaki, @drjengunter, @ivanthek, @ivanthek, @willoremus, @sherman4949, @ldrogen, @jamestitcomb, @karaswisher, @neilcybart, @obrien, @benedictevans, @anthony, @caseynewton, @punk6529, @rmac18, @sarahfrier, @tracyalloway, @tcarmody, @evan_greer, @benthompson, @gmbutts, @caseynewton, @rmac18, @ivanthek, @kurtwagner8, @ericjackson, @notabigjerk, @davewiner, @markscott82, @lizrhoffman, @safeselfdrive, @thestalwart, @danprimack, @paulmozur, @film_girl, @danprimack, @farronbalanced, @pkafka, @jamestitcomb, @lizrhoffman, @daryrezvani, @steveschmidtses, @rmac18, @markdistef, @mattyglesias, @benedictevans, @jason_pontin, @carnage4life, @williamturton, @deitaone, @danprimack, @tomgara, @shiraovide, @parikpatelcfa, @alexrkonrad, @moskov, @normative, @mhbergen, @jonerlichman, @mgsiegler, @modestproposal1, @alexstamos, and @samro
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.
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
Bloomberg:
Sources: Twitter's board is considering a poison pill after Elon Musk's bid; a source says another plan under consideration is saying that the offer is too low  —  Twitter Inc.'s board is considering adopting a measure that would protect the company from hostile acquisition bids …
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 …
Ashley Carman / Bloomberg:
A year after Facebook launched podcasts and other audio tools for creators, sources say Meta has shifted its focus to metaverse events and online shopping  —  Facebook's interest in podcasts is fading, barely a year after it began.  —  Last April, during a hot market for audio …
Kate Kaye / Protocol:
A look at AI tools built by sales and customer service software companies like Uniphore and Sybill to identify human emotions, as Zoom unveils Zoom IQ for Sales  —  Virtual sales meetings have made it tougher than ever for salespeople to read the room.  So, some well funded tech providers …
Jasmine Hicks / The Verge:
Reddit updates its search feature to index comments, available globally on the web but not in its apps, and show more relevant, newer, or trending results  —  The new rollout also comes with a refined search experience for desktop users on the platform  —  Today, Reddit is updating its search feature to index comments.
Jiaxing Li / South China Morning Post:
Internet portal Sohu, one of China's first tech firms to list on Nasdaq in 2000, is looking to exit Nasdaq after the SEC said it's noncompliant with audit rules  —  A total of 23 companies, including Baidu and Weibo, have been identified by the SEC as being at risk of delisting for non-compliance with audit rules.
Sam Kessler / CoinDesk:
A lawsuit filed against OlympusDAO's co-founders over $20M+ in the DAO's native tokens could unmask their identities, testing the limits of pseudonymity in DAOs  —  An early Olympus investor alleges he was cheated out of millions of OHM tokens when key smart contracts were rendered inoperable.

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
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:
Zoho CRM Plus in 2025: A year of thoughtful CX improvements  —  2025 marked 11 years of building a customer experience platform designed to support organizations as customer expectations, channels …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box 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:
Alex And Ranjan's 2026 Outlook: ChatGPT 1 Billion, AI Shopping, Apple's Big Year, AI Love Boom
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:
Where Is All the A.I.-Driven Scientific Progress?
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.
The Talk Show With John Gruber:
'A Naughty Citizen', With Quinn Nelson
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.
Channels with Peter Kafka:
Podcast Pioneer PJ Vogt's Second Act: Less Budget, More Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
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 8:30 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

Jonathan Greig / The Record: