Techmeme
April 14, 2022, 3:25 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: Wall Street Journal, CNBC, Reuters, The Verge, BuzzFeed News, PR Newswire, The Verge, Wall Street Journal, New York Times, The Economic Times, Wired, VICE, Forbes, Associated Press, Bloomberg, CoinDesk, Reuters, CNN, Fortune, SiliconANGLE, Axios, Reuters, Philip Elmer‑DeWitt, Washington Post, PYMNTS.com, CNN, BBC, Daily Mail, The Guardian, Insider, Financial Times, Vox, Insider, TechCrunch, Insider, PCWorld, Bloomberg, Appleosophy, CNBC, CNBC, TechRadar, MobileSyrup, New York Times, iClarified, Politico, AppleInsider, VICE, Silicon Republic, iMore, The Information, Ethereum World News, BuzzFeed News, and Axios
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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
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.
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 …
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  —  Several advanced persistent threat (APT) actors have created custom-made tools designed to breach IT equipment used …
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 …
Ingrid Lunden / TechCrunch:
DoControl, which develops no-code tools for cloud app log-ins, raises a $30M Series B led by Insight Partners  —  Cloud security is one of the big drivers among enterprises making IT investments this year, according to a recent report from Gartner, which estimated that some $4.4 trillion in IT spend overall in 2022.

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Sandali Handagama / CoinDesk: