Techmeme
April 14, 2022, 9:00 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, Wired, Washington Post, Vox, Bloomberg, BetaKit, The Information, Reuters, The Economic Times, Philip Elmer‑DeWitt, Axios, CNN, The Atlantic, Bloomberg, Salon, BBC, Daily Mail, VICE, Reuters, Vox, Sublink, Insider, Financial Times, Jerusalem Post, Pixel Envy, Crypto Briefing, Platformer, AppleInsider, Insider, TechCrunch, CNBC, Sky News, New York Times, Insider, iClarified, TechRadar, MobileSyrup, PCWorld, Ethereum World News, Appleosophy, and New York Times
Tweets: @elonmusk, @alwaleed_talal, @justinsuntron, @fredwilson, @maxboot, @elonmusk, @zerohedge, @shoshanazuboff, @benedictevans, @rabois, @bchappatta, @rsarver, @zei_squirrel, @mikeisaac, @kurtwagner8, @mcuban, @shoshanazuboff, @shoshanazuboff, @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, @caseynewton, @scottnover, @ryanmoore, @ggreenwald, @scottnover, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @litcapital, @danprimack, @caroljsroth, @ashleevance, @nigel_farage, @sifill_ldf, @reckless, @timobrien, @alexweprin, @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, @samro, @sg, @pkafka, @kurtwagner8, @qhardy, and @dan_rowinski
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 …
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.
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.

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
Zoho:
From orders to alerts with Zoho Inventory and Zoho Cliq integration  —  Running a business is challenging, especially when it comes to managing incoming orders from online sales channels.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
The Kevin Rose Show:
Carolina Reis Oliveira & Alessandra Zonari | OneSkin: Aging Myths, Senescent Cells, and How to Age Slower (#56)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Tue. 05/07 - The Spring Apple Event
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:00 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: