Techmeme
April 26, 2022, 11:50 AM

Top News

Vlad Savov / Bloomberg:
Highlighting the importance of Tesla's Chinese market and operations to Musk, Jeff Bezos asks in a tweet if China just gained “a bit of leverage over” Twitter  —  Amazon.com Inc. founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44 billion takeover of Twitter Inc. …
Lauren Feiner / CNBC:
Twitter agrees to be acquired “by an entity wholly owned by Elon Musk” for $54.20 per share in cash; the ~$44B deal requires shareholder and regulatory approval  —  - Twitter's board accepted billionaire Elon Musk's offer to buy the social media company and take it private, the company confirmed.
More: Twitter, TechCrunch, VICE, New York Times, Electronic Frontier Foundation, The Atlantic, Axios, Bloomberg, The Independent, New York Times, 500ish, The i Paper, Washington Post, Wall Street Journal, Blockworks, Mediaite, Club386, Politico, Bloomberg, Marketing Dive, CoinGeek, Coinspeaker, The Verge, Crypto Briefing, Waivly, The Conversation, Tom's Guide, Reuters, Brookings, Pocketnow, New York Magazine, The Guardian, Dexerto, TIME, BGR India, Unfiltered, Axios, and Memex 1.1
@jack:
Casey Newton / Platformer:
Some former employees say Twitter, which has long been an underperformer, stands a better chance of improving the service as a private company run by Elon Musk  —  What employees are saying.  PLUS: Musk's key decisions  —  In the moments before Elon Musk bought Twitter …
Javier Espinoza / Financial Times:
EU internal market commissioner Thierry Breton warns Elon Musk that Twitter must follow the new Digital Services Act rules or face fines and even a ban  —  EU commissioner Thierry Breton tells Tesla chief executive: ‘Elon, there are rules’  —  Brussels has warned Elon Musk that Twitter must comply …
Financial Times:
Sources detail how Elon Musk's Twitter bid succeeded: Morgan Stanley gathering support for $25.5B in loans, overcoming initial shareholder doubts, and more  —  Tesla boss convinced Wall Street sceptics to back his $44bn takeover offer  —  Just 12 days ago, some of the most experienced operators …
Kate Conger / New York Times:
Twitter employees say they heard little from Elon Musk, CEO Parag Agrawal, management, and Charles Schwab about what a sale to the billionaire means for them  —  Workers say they have been left largely in the dark about what a sale to the billionaire will mean for them and their shares in the company.
Ranjan Roy / Margins:
Brooke Singman / Fox News:
Bloomberg:
The Verge:
Anne Tergesen / Wall Street Journal:
Fidelity will let retirement savers put bitcoin into their 401(k) accounts starting later in 2022, the first major retirement plan provider to do so  —  Investment giant's move could send cryptocurrency investing further into mainstream if employers decide to offer option
Bloomberg:
Sources: Twitter locked down product updates through Friday to avoid unauthorized changes by disgruntled employees following Elon Musk's successful bid  —  Twitter Inc. locked down changes to its social networking platform through Friday after accepting a $44 billion bid from billionaire Elon Musk …
Osato Avan-Nomayo / The Block:
A hacker stole millions of dollars' worth of NFTs via a phishing attack compromising Bored Ape Yacht Club's Instagram and promoting a malicious “mint” link  —  Quick Take  — Bored Ape Yacht Club's official Instagram account was hacked.  — A hacker stole 91 NFTs from users …

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
MicroAcquire:
New opportunities are waiting for you  —  Join 100,000+ entrepreneurs buying and selling startups on the world's #1 acquisition marketplace.  Expertly curated to match serious buyers with pre-vetted startups of all sizes.
Zoho:
5 ways to make your employees feel valued on their work anniversary  —  Taking steps to recognize and celebrate your employees is a surefire way to assure them that they are on the right track.
Storyblok:
The only headless CMS with a visual editor  —  Devs get the flexibility to build experiences for any frontend, while content creators need no coding skills to edit content independently.
Techmeme Ride Home:
(TWTR SPC) Variety Special
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:50 AM ET, April 26, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks