Techmeme
April 26, 2022, 6:40 AM

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, New York Times, Wall Street Journal, Electronic Frontier Foundation, The Independent, The Atlantic, Blockworks, 500ish, Bloomberg, BBC, New York Times, The Guardian, Tom's Guide, Crypto Briefing, Reuters, The Verge, The Economic Times, City A.M., BetaNews, Benzinga, Axios, Associated Press, Wall Street Journal, Vault, Coinspeaker, New York Magazine, cybernews.com, VICE, Axios, Techpoint Africa, Yasha Levine, Ars Technica, TechCrunch, Fossbytes, Common Sense, BGR India, Financial Times, and PhoneArena
Tweets: @pekingmike, @elonmusk, @jeffbezos, @elonmusk, @senwarren, @dwuff, @btaylor, @downtown, @nicoleperlroth, @paraga, @djrothkopf, @redletterdave, @oneunderscore__, @jim_jordan, @pwnallthethings, @caraesten, @gavinjohnadams, @ronwyden, @rabois, @asymmetricinfo, @jeffbezos, @chillmage, @firefox, @jeffbezos, @thelincoln, @nikitabier, @dougboneparth, @kantrowitz, @hayskali, @mmasnick, @bluesky, @sanasaeed, @brendancarrfcc, @therealfitz, @evan_greer, @_claypot, @profsunnysingh, @thestalwart, @hunterwalk, @caseynewton, @jamessurowiecki, @elipariser, @parikpatelcfa, @oliviatheehye, @ethanz, @bocxtop, @phil_lewis_, @mikedrucker, @sarahcpr, @noliewithbtc, @lesbiaudrey, @icecube, @jamesrbuk, @finallevel, @davidsacks, @anthony, @espiers, @benshapiro, @sarahfrier, @davidakaye, @davewiner, @benfenton, @jamestitcomb, @blkgrlbrilliant, @lizweil, @smilerz91, @ninaturner, @brandonlbradfor, @briannawu, @evelyndouek, @emanuelmaiberg, @brij, @katearonoff, @thekenyeung, @epro, @rmac18, @jason_kint, @alexweprin, @tomcoates, @danielyrubin, @mathewi, @qwongsj, @kathygriffin, @mat, @sarahfrier, @goldman, @thekidmero, @jarak, @mattrosoff, @loganbartlett, @waltmossberg, @pkafka, @johniadarola, @kfury, @business, @kantrowitz, @tomgara, @caseynewton, @twinklecircuit, @alexkoppelman, @carnage4life, @sarahjeong, @alexhanna, @tumblr, @dramsinghvi, @tariqpanja, @andrewti, @tcarmody, @frankfigliuzzi1, @tomgara, @sriramk, @tszzl, @unscriptedmike, @carnage4life, @dcurtis, @goldman, @ggreenwald, @robaeprice, @goldman, @pmarca, @wajahatali, @drmistercody, @joshuatopolsky, @dickc, @gossithedog, @jason_kint, @itsdanawhite, @joannastern, @bwags, @goldman, @byjacobward, @iaponomarenko, @jscros, @ggreenwald, @mgsiegler, @miss_birdbrain, @artemr, @emilydreyfuss, @zubymusic, @mcuban, @ericjackson, @jonerlichman, @donwinslow, @dylanreeve, @ayocaesar, @teroterotero, @justinhendrix, @donie, @arthurb, @russellholly, @thestalwart, @buchmanster, @aprilaser, and @esaagar
@jack:
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 …
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
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 …
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 …
Brad Stone / Bloomberg:
Osato Avan-Nomayo / The Block:
A hacker stole 91 NFTs, worth at least $2.8M, through 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 …
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

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Jamie Powell / Financial Times: