| 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.| @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 … | 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.| 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 … | Ranjan Roy / Margins: |
Elon Musk is buying Twitter to protect his ability to tweet, which is vital to his business interests, combatting the SEC, and because Tesla's stock stalled out — A mini-grand theory on what he's up to with Twitter … A running theory of mine is that, in January 2018 … | Brad Stone / Bloomberg: |
Elon Musk's Twitter bid is a political takeover to control one of the world's largest megaphones and impose his libertarianism on moderation and misinformation — Behind Elon Musk's increasingly likely takeover of Twitter is the status of former President Donald Trump's suspended account.| Vlad Savov / Bloomberg: |
| 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| Nina Bambysheva / Forbes: |
Decentralized exchange infrastructure provider 0x Labs raises a $70M Series B led by Greylock Partners with OpenSea, Coinbase, and others participating — San Francisco-based decentralized exchange infrastructure provider 0x Labs has closed a $70 million Series B financing round led by Greylock Partners at an undisclosed valuation.| Lauren Forristal / TechCrunch: |
Sensor Tower: TikTok was the most downloaded app globally in Q1 2021, reaching 3.5B all-time downloads, followed by Instagram, Facebook, WhatsApp, and Telegram — TikTok is one of the world's fastest-growing social media platforms. Sensor Tower recently released its “Q1 2022 … | Paul Sawers / VentureBeat: |
Harness, which makes developer tools for continuous integration and delivery, raises a $175M Series D and $55M in debt at a $3.7B valuation — Continuous integration and delivery giant (CI/CD) Harness has raised $230 million in a series D round of funding, valuing the company at a hefty $3.7 billion.| Ben Thompson / Stratechery: |
Amazon's Buy with Prime will make it difficult for Shopify to get its own shipping solution to scale by deepening Amazon's nearly impregnable moat in logistics — Five months and $134 billion in market cap ago (before the stock slipped by 68%), Bloomberg Businessweek purported to explain …
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| Osato Avan-Nomayo / The Block: |