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April 26, 2022, 12:15 AM
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| 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.
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Twitter, New York Times, Defense One, The Independent, Tech Policy Press, Bloomberg, CNN, BBC, Insider, Bloomberg, Forbes, Tom's Guide, Crypto Briefing, The Atlantic, The Verge, Financial Times, Wall Street Journal, TIME, Axios, VICE, The Week, Ars Technica, Revolving Door Project, Associated Press, The Economic Times, Washington Post, Benzinga, Variety, NPR, Financial Times, Reuters, Making It All Click, TechCrunch, Yasha Levine, MarTech, Popular Mechanics, TechRadar, GeekWire, AppleInsider, Softpedia News, Fast Company, The Block, Macworld, NBC News, The Mac Observer, Fossbytes, and Crowdfund Insider
Tweets: @jeffbezos, @elonmusk, @pekingmike, @elonmusk, @dwuff, @senwarren, @downtown, @btaylor, @nicoleperlroth, @kurtwagner8, @paraga, @redletterdave, @pwnallthethings, @oneunderscore__, @chillmage, @caraesten, @rabois, @gavinjohnadams, @asymmetricinfo, @ronwyden, @jim_jordan, @jeffbezos, @djrothkopf, @thelincoln, @reuters, @jeffbezos, @nikitabier, @dougboneparth, @kantrowitz, @hayskali, @hunterwalk, @mmasnick, @evan_greer, @bluesky, @sanasaeed, @brendancarrfcc, @therealfitz, @_claypot, @dickc, @brianstelter, @caseynewton, @rameshsrivats, @goldman, @goldman, @goldman, @goldman, @goldman, @elipariser, @bocxtop, @brookesingman, @phil_lewis_, @reuters, @mikedrucker, @jason_kint, @sarahcpr, @finallevel, @noliewithbtc, @lesbiaudrey, @icecube, @jamesrbuk, @davidsacks, @anthony, @espiers, @benshapiro, @carnage4life, @sarahfrier, @davidakaye, @quintabrunson, @wbm312, @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, and @bwags
| 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 …
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The Hill, On my Om, Benzinga, Australian Financial Review, Bloomberg, Axios, TheStreet, Decrypt, Insider, Protocol, Livemint, TechCrunch, Input, THE FREEDOM BLOG, ZDNet, Appleosophy, and Crypto Daily
| 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.
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Bloomberg, Ars Technica, CNBC, NPR, Engadget, Forrester, Toronto Star, New York Post, TIME, MacRumors, and Access Now
| 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
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Politico, Gizmodo, New York Times, CNBC, CNBC, Bloomberg, The Atlantic, CNN, The Hill, New York Post, TechCrunch, Bloomberg, Slashdot, The Week, and Benzinga
Tweets: @sethabramson, @maggienyt, @mor10, @kysportsradio, @fredbenenson, @juliaioffe, @jeffjarvis, @juliussharpe, and @doney
| @jack: |
Dorsey says taking Twitter private “is the correct first step” and Musk's goal of creating a “maximally trusted and broadly inclusive” platform is the right one — I love Twitter. Twitter is the closest thing we have to a global consciousness.
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Engadget, CNET, The Verge, Bloomberg, CoinDesk, Insider, The Economic Times, and Variety
Tweets: @kateconger, @profgalloway, @willoremus, @profcarroll, and @aravosis
| 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 …
More:
GeekWire, The Verge, and Voice of America
Tweets: @kurtwagner8, @alexeheath, @alexeheath, @forrestbrazeal, @kurtwagner8, @jamesrbuk, and @alexeheath
| Casey Newton / Platformer: |
Former executives 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, the company Slack channels were lit up with nervous anticipation.| Ranjan Roy / Margins: |
Elon Musk is buying Twitter to protect his ability to tweet, which is vital to his current and future business interests, as Tesla's stock appears to be peaking — A mini-grand theory on what he's up to with Twitter … A running theory of mine is that, in January 2018 …
More:
Bloomberg and New York Times
Tweets: @hc4n, @walthickey, @vasiliyzukanov, @gergelyorosz, and @ysamjo
| Reuters: |
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Bloomberg, CNBC, Financial Times, and CryptoPotato
Tweets: @b_fung, @microbear1, @asemota, @obrien, @gregroumeliotis, and @drskyskull
| 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 …
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VICE, CoinDesk, The Register, CoinDesk, Gizmodo, Crypto Adventure, The Verge, Bloomberg, Crypto Briefing, PC Gamer, Bitcoinist.com, Engadget, Decrypt, Protocol, Cointelegraph, and The Defiant
Tweets: @boredapeyc, @zachxbt, @cryptogarga, @cryptogarga, @cillic, @seldo, @deg3n, @alpha_pls, @lorenzofb, @thetoddwilliams, @mathewi, @lorenzofb, @slpng_giants, and @cryptokaleo
| 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
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Video Games Chronicle, Game Rant, Business Wire, TheStreet, CNBC, PC Gamer, Wccftech, MobileSyrup, and Seeking Alpha
Tweets: @gibiz and @chriskeall
| 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.
More:
OpenSea Blog, PYMNTS.com, CoinDesk, NFT Evening, and Cryptopolitan
| Jamie Powell / Financial Times: |
On a podcast, FTX CEO Sam Bankman-Fried says calling crypto “yield farming”, where coins are staked for interest, a “Ponzi” is a “pretty reasonable response” — Sam Bankman-Fried describes explains “yield-farming” to Bloomberg. — Honk honk!
Source:
Bloomberg. More:
Tom's Newsletter
Tweets: @wallstcynic, @katie_martin_fx, @patdennis, @cavandy, @emilyjnicolle, @tracyalloway, @wallstcynic, @joesaluzzi, @kofinas, @jamessurowiecki, @bc_trevor, @nkulw, @maxwellstrachan, @robinwigg, @realpauleverton, @quantian1, @coryklippsten, @ajb_powell, @concodanomics, @thestalwart, and @mattzeitlin
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