| 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.| 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| Wall Street Journal: |
Vanguard Group disclosed on April 8 that it increased its Twitter stake to 10.3%, or 82.4M shares, making it Twitter's largest shareholder, ahead of Elon Musk — While Elon Musk is trying to buy Twitter Inc., he's no longer the company's largest shareholder.| 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 … | 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.| Emma Roth / The Verge: |
Asus launches $2K Zenbook 14X OLED Space Edition with a 14-inch display, 12th Gen Intel i9-12900H, and a 3.5-inch display on the lid for notifications and more — It comes with a $1,999.99 price tag — ASUS has officially launched the Zenbook 14X OLED Space Edition, and it's available for $1,999.99 on Newegg and Amazon.| 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 … | Rita Liao / TechCrunch: |
| Thomas Wilde / GeekWire: |
Amazon announces two mobile games for its Amazon Kids+ service, the first games published by Amazon Mobile since May 2015 — Amazon is publishing two new mobile games through its Amazon Kids+ service, based on the original Amazon specials Super Spy Ryan and Do, Re & Mi.| New York Times: |
Since Russia invaded Ukraine, tens of thousands of tech workers have left Russia, an exodus that will fundamentally change Russia's tech industry and economy — Since their country invaded Ukraine, Russian tech workers have left by the thousands. They appear intent on rebuilding their lives and businesses in other countries.| 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.| Gartner: |
| Swetha Gopinath / Bloomberg: |
PitchBook: VCs invested $148B globally in Q1 2022, down nearly 25% from $191B in Q4 2021, as inflation and Russia's war in Ukraine dampen investor appetites — Private companies globally are pulling back sharply on raising new funds, as pressure on public markets begins to weigh on the lofty valuations sought by fast-growing startups.
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| Jonathan Greig / The Record: |