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.

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