Techmeme
April 25, 2022, 10:25 PM

Top News

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, Defense One, New York Times, The Independent, Bloomberg, Bloomberg, CNN, Tech Policy Press, Forbes, BBC, The Verge, Tom's Guide, Crypto Briefing, Insider, Margins, Benzinga, Softpedia News, Axios, VICE, Input, Revolving Door Project, The Atlantic, Ars Technica, OSnews, Associated Press, Popular Mechanics, Access Now, Washington Post, Seattle Business Journal, International Business Times, Making It All Click, Slate, NPR, Fast Company, Financial Times, TechRadar, GeekWire, AppleInsider, TechCrunch, Pocket-lint, The Block, Macworld, NBC News, The Mac Observer, Fossbytes, Crowdfund Insider, and Android Authority
Tweets: @jeffbezos, @pekingmike, @elonmusk, @elonmusk, @senwarren, @btaylor, @downtown, @nicoleperlroth, @kurtwagner8, @redletterdave, @jeffbezos, @pwnallthethings, @paraga, @jeffbezos, @chillmage, @caraesten, @rabois, @asymmetricinfo, @ronwyden, @gavinjohnadams, @jim_jordan, @djrothkopf, @thelincoln, @reuters, @nikitabier, @dougboneparth, @kantrowitz, @hayskali, @hunterwalk, @mmasnick, @evan_greer, @bluesky, @sanasaeed, @brendancarrfcc, @therealfitz, @_claypot, @caseynewton, @jason_kint, @bocxtop, @brookesingman, @arthurb, @gavinjohnadams, @phil_lewis_, @reuters, @mikedrucker, @sarahcpr, @finallevel, @noliewithbtc, @mcuban, @lesbiaudrey, @icecube, @jamesrbuk, @davidsacks, @anthony, @espiers, @benshapiro, @carnage4life, @sarahfrier, @davidakaye, @quintabrunson, @davewiner, @benfenton, @jamestitcomb, @blkgrlbrilliant, @lizweil, @carnage4life, @smilerz91, @ninaturner, @brandonlbradfor, @briannawu, @evelyndouek, @emanuelmaiberg, @brij, @katearonoff, @thekenyeung, @epro, @rmac18, @jason_kint, @alexweprin, @tomcoates, @danielyrubin, @mathewi, @qwongsj, @kathygriffin, @maxberger, @mat, @sarahfrier, @thekidmero, @jarak, @mattrosoff, @loganbartlett, @waltmossberg, @pkafka, @maxberger, @johniadarola, @kfury, @business, @kantrowitz, @quinnypig, @loudmouthjulia, @tomgara, @jonfavs, @caseynewton, @twinklecircuit, @markdistef, @alexkoppelman, @carnage4life, @daveleeft, @sarahjeong, @alexhanna, @tumblr, @dramsinghvi, @badinfinity2, @tariqpanja, @andrewti, @mikeisaac, @tcarmody, @frankfigliuzzi1, @tomgara, @sriramk, @tszzl, @unscriptedmike, @carnage4life, @dcurtis, @ggreenwald, @robaeprice, @alexhern, @pmarca, @taylorlorenz, @wajahatali, @drmistercody, @joshuatopolsky, @gossithedog, @itsdanawhite, @joannastern, @hblodget, @bwags, @byjacobward, @iaponomarenko, @jscros, @ggreenwald, @mgsiegler, @miss_birdbrain, @artemr, @emilydreyfuss, @martinsfp, @ericjackson, @jonerlichman, @donwinslow, @dylanreeve, @ayocaesar, @teroterotero, @justinhendrix, @donie, @wfkars, @russellholly, @thestalwart, @buchmanster, @aprilaser, @esaagar, @robinwauters, and @doinkpatrol
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.
Brooke Singman / Fox News:
Trump says that, regardless of Elon Musk's Twitter purchase, “I am not going on Twitter, I am going to stay on Truth”, whose stock closed down 12.9% on Monday  —  Trump said a Musk Twitter takeover would be a positive development, but he will stay with his own platform
The Verge:
Elon Musk says he wants to improve Twitter by “making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans”  —  Elon Musk will buy Twitter for $44 billion  —  Twitter has accepted Elon Musk's offer to purchase the company for $44 billion …
Bloomberg:
Twitter CEO Parag Agrawal and Chairman Bret Taylor told employees that the company will keep operating as usual; sources: the deal could take up to six months  —  Twitter Inc. Chief Executive Officer Parag Agrawal and Chairman Bret Taylor told employees on Monday that the social network …
Reuters:
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 …
Brendan Sinclair / GamesIndustry.biz:
Activision Blizzard reports Q1 revenue down 22% YoY to $1.77B, net income down 36% to $395M, Activision MAUs down 33% to 100M, and Blizzard MAUs down 19% to 22M  —  Modest revenue growth at King offset by 49% drop from Activision, 43% decline from Blizzard as MAUs hit new lows
Jamie Powell / Financial Times:
Tim Copeland / The Block:
OpenSea acquires NFT aggregator Gem, which helps users buy and sell NFTs across marketplaces, for an undisclosed sum; Gem will operate as a standalone brand  —  Quick Take  — NFT marketplace OpenSea has acquired NFT aggregator Gem.  — Gem will continue to operate as a standalone brand.

Sponsor Posts

Command Line:
Introducing Microsoft-Decision-1, our model for fast decision-making  —  Our new model delivers top performance in latency and quality on structured decision tasks to outperform other models.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
Zoho Books now supports CT600 & Final Accounts Filing as an add-on in the FREE plan  —  Managing end-of-year filing for limited companies in the UK is often expensive and multi-layered.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
Meta & Microsoft's Claude Slowdown, His Agent Leaked His Banking Info, Don't Bully Your AI
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Sources:
Qualcomm's CEO on the coming AI phone supercycle
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
The Upstarts Podcast:
Bringing Back Mammoths And Building Noah's Ark 2.0 | Colossal's Ben Lamm
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Great Chat:
The launch industrial complex
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Channels with Peter Kafka:
Larry Ellison's Media Ambitions & Kevin Roose on AI's Biggest Gamble
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Training Data:
Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:25 PM ET, April 25, 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