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April 14, 2022, 9:40 PM
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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.
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Tweets: @elonmusk, @zerohedge, @justinsuntron, @fredwilson, @maxboot, @elonmusk, @rabois, @benedictevans, @shoshanazuboff, @bchappatta, @rsarver, @zei_squirrel, @mikeisaac, @kurtwagner8, @mcuban, @mcuban, @mcuban, @carlquintanilla, @alexeheath, @shoshanazuboff, @verysmallriver, @shoshanazuboff, @alexstamos, @repmtg, @tayhatmaker, @tedchris, @lt_winslow, @moskov, @pmarca, @rbreich, @realwillybot, @matt_levine, @reckless, @reckless, @laurenboebert, @alexstamos, @sbf_ftx, @natesilver538, @mayazi, @kurtwagner8, @brianstelter, @carnage4life, @caseynewton, @scottnover, @ggreenwald, @scottnover, @litcapital, @danprimack, @ryanmoore, @caroljsroth, @ashleevance, @nigel_farage, @sifill_ldf, @reckless, @timobrien, @alexweprin, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @stokel, @normative, @nichcarlson, @engadget, @danprimack, @anildash, @mikeisaac, @willoremus, @matthew_d_green, @mikeisaac, @mayazi, @sarahfrier, @podsaveamerica, @reckless, @gergelyorosz, @davepell, @smtuffy, @suhail, @emzanotti, @danprimack, @jimwaterson, @micsolana, @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, @szhang_ds, @pkafka, @jamestitcomb, @lizrhoffman, @daryrezvani, @steveschmidtses, @rmac18, @danprimack, @markdistef, @mattyglesias, @benedictevans, @jason_pontin, @carnage4life, @williamturton, @deitaone, @danprimack, @tomgara, @shiraovide, @parikpatelcfa, @alexrkonrad, @amy_siskind, @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.
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 …
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
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 …
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.
Rita Liao / TechCrunch:
China-founded startups are increasingly abandoning their domestic market to pursue international markets, due to mounting compliance costs and regulatory risks  —  Like many ambitious Chinese who graduated college abroad during the 2010s and aspired to be the next Jack Ma or Pony Ma …
Mark Gurman / Bloomberg:
Developer logs and sources: Apple is testing four different M2-based chips in at least nine new Macs, including MacBook Air, MacBook Pro, Mac mini, and Mac Pro  —  Apple Inc. has started widespread internal testing of several new Mac models with next-generation M2 chips, according to developer logs …
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.

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From Mediagazer

Robert Channick / Chicago Tribune:
The Chicago Tribune sues Perplexity for copyright infringement, alleging Perplexity's platforms lift Tribune content verbatim and divert traffic from the paper

Will Sommer / @willsommer:
The Blaze retracts its article accusing a former Capitol Police officer of being the January 6 pipe bomber after the FBI arrested a different person

Tyler Falk / Current:
CPB announces $4.4M in grants to support rural radio and TV news services in Wisconsin, Ohio, Arkansas, Kansas, West Virginia, Tennessee, Michigan, and Iowa

More News

Earlier Picks

Jonathan Greig / The Record:
US government agencies warn of custom hacking tools, created by several APT actors, that are designed to compromise IT equipment used in critical infrastructure
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