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April 14, 2022, 10:40 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.
More: Wall Street Journal, CNBC, The Verge, Wall Street Journal, Reuters, Associated Press, Wired, Washington Post, New York Times, Bloomberg, Toronto Star, Reuters, The Economic Times, Vox, BetaKit, Reuters, The Information, Philip Elmer‑DeWitt, Axios, Salon, Daily Mail, Bloomberg, Insider, BBC, News Detectives, Vox, TechCrunch, The Atlantic, Financial Times, Jerusalem Post, Sublink, Crypto Briefing, Insider, CNBC, iClarified, and Ethereum World News
Tweets: @elonmusk, @zerohedge, @justinsuntron, @fredwilson, @maxboot, @elonmusk, @rabois, @benedictevans, @shoshanazuboff, @bchappatta, @rsarver, @zei_squirrel, @mikeisaac, @kurtwagner8, @mcuban, @mcuban, @mcuban, @carlquintanilla, @alexeheath, @verysmallriver, @alexstamos, @repmtg, @tayhatmaker, @tedchris, @lt_winslow, @shoshanazuboff, @shoshanazuboff, @moskov, @pmarca, @rbreich, @realwillybot, @matt_levine, @reckless, @reckless, @laurenboebert, @alexstamos, @sbf_ftx, @natesilver538, @mayazi, @kurtwagner8, @brianstelter, @carnage4life, @caseynewton, @scottnover, @ggreenwald, @scottnover, @litcapital, @danprimack, @caroljsroth, @ashleevance, @nigel_farage, @sifill_ldf, @reckless, @timobrien, @alexweprin, @stokel, @normative, @nichcarlson, @engadget, @danprimack, @anildash, @mikeisaac, @shoshanazuboff, @willoremus, @matthew_d_green, @mikeisaac, @mayazi, @sarahfrier, @podsaveamerica, @reckless, @shoshanazuboff, @gergelyorosz, @davepell, @shoshanazuboff, @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, @shoshanazuboff, @mhbergen, @jonerlichman, @mgsiegler, @modestproposal1, @alexstamos, @samro, @sg, @pkafka, @kurtwagner8, @qhardy, @dan_rowinski, @mayazi, @dbernstein, @tweetsyall, @mdudas, @jamestitcomb, @benedictevans, and @marshallk
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 …
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 …
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 …
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.
Rita Liao / TechCrunch:
China-founded startups are increasingly abandoning their domestic market to pursue international markets, due to mounting compliance costs and regulatory risks  —  Like many ambitious Chinese who graduated college abroad during the 2010s and aspired to be the next Jack Ma or Pony Ma …
Mark Gurman / Bloomberg:
Developer logs and sources: Apple is testing four different M2-based chips in at least nine new Macs, including MacBook Air, MacBook Pro, Mac mini, and Mac Pro  —  Apple Inc. has started widespread internal testing of several new Mac models with next-generation M2 chips, according to developer logs …
Kolawole Samuel Adebayo / VentureBeat:
Las Vegas-based MedTrainer, which provides cloud-based compliance software for the healthcare industry, raises a $43M Series B led by Vista Equity Partners  —  MedTrainer, the Las Vegas, Nevada-based provider of credentialing, training and compliance management software solutions …
FinSMEs:
GridX, which offers rate analytics and billing software to utilities and energy tech companies, raises a $40M Series C led by Energy Impact Partners  —  GridX, a Milpitas, CA-based enterprise rate platform provider to modern utilities and energy technology companies, closed a $40m Series C funding.

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