Techmeme
April 14, 2022, 7:45 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.
Source: SEC.govMore: PR Newswire, CNBC, Wall Street Journal, The Verge, New York Times, Reuters, Wall Street Journal, Associated Press, Wired, Washington Post, CoinDesk, Bloomberg, Reuters, The Economic Times, Philip Elmer‑DeWitt, Axios, CNN, VICE, Bloomberg, Reuters, The Atlantic, ZDNet, AppleInsider, Salon, BBC, Daily Mail, The Hill, Vox, Insider, Financial Times, Jerusalem Post, Fast Company, CNN, Deadline, The Daily Hodl, Insider, TechCrunch, Sky News, New York Times, CNBC, Insider, iClarified, Politico, TechRadar, MobileSyrup, Silicon Republic, PCWorld, Ethereum World News, BuzzFeed News, and Appleosophy
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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.
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 …
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.
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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