Techmeme
April 15, 2022, 2:25 PM

Top News

Axios:
Twitter adopts a “poison pill” to thwart Elon Musk's $43B takeover, giving shareholders time to purchase additional shares at a discount to dilute 15%+ stakes  —  Twitter's board on Friday enacted a defensive measure meant to deter Elon Musk's $43 billion hostile takeover bid.
Matt Levine / Bloomberg:
Elon Musk's hostile offer may not be viable, but it opens Twitter to an acquisition; should Twitter fend off Musk, the company will watch its stock drop  —  Oh Elon  —  Well that was weird.  On Tuesday I wrote a column saying it was unlikely that Elon Musk will buy Twitter Inc. On Wednesday I left on a family vacation.
@yishan:
[Thread] Ex-Reddit CEO warns Elon Musk that he doesn't understand current internet culture enough to handle the challenges of large social networks like Twitter  —  I've now been asked multiple times for my take on Elon's offer for Twitter. So fine, this is what I think about that. I will assume the takeover succeeds, and he takes Twitter private. (I have little knowledge/insight into how actual takeover battles work or play out) (long 🧵)
@rabble:
[Thread] After Bill Gross' 2015 hostile takeover attempt, Twitter locked down the API and limited third-party clients to 100K users until Jack Dorsey's return  —  Twitter is important, but it's always been vulnerable as a company. When Twitter does something which upsets the community of users, it is often due to this vulnerability. Let me tell you a little known story about an earlier time a billionaire tried a hostile takeover of twitter
Bloomberg:
Mia Sato / The Verge:
Amir Efrati / The Information:
Mark Gurman / Bloomberg:
Developer App Store logs and sources: Apple is testing third-party apps on four M2 chips across a MacBook Air, a Mac mini, three MacBook Pros, and a Mac Pro  —  Apple Inc. has started widespread internal testing of several new Mac models with next-generation M2 chips, according to developer logs …
Wayne Ma / The Information:
Sources: Apple doesn't collect much user data from services and the data it collects is not widely accessible to staff, making it harder to compete with rivals  —  Privacy is one of the selling points of Apple products.  But for employees who develop these products, it can be a pain.
Cristina Criddle / Financial Times:
Sources: TikTok is under investigation by US government agencies over its handling of CSAM and how a specific privacy feature is being exploited by predators  —  Short-video app with young user base accused of being ‘perfect place for predators’ by Homeland Security
Tereza Pultarova / Space.com:
French top administrative court revokes SpaceX's Starlink internet license awarded in 2021, citing monopolization concerns due to company's size and operations  —  The country's telecoms regulator will have to conduct a public consultation first.  —  The highest administrative court …
Tweets: @fakecarlsagan
Nikhilesh De / CoinDesk:
An interview with Senator Cynthia Lummis on advocating for the crypto industry, educating members of Congress, buying $100K+ in bitcoin and holding, and more  —  The Wyoming senator, a speaker at CoinDesk's Consensus festival, holds plenty of BTC and champions crypto whenever she can.

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Earlier Picks

Ashley Carman / Bloomberg:
CoinDesk:
Sarah Perez / TechCrunch: