Techmeme
April 26, 2022, 1:00 PM

Top News

Vlad Savov / Bloomberg:
Highlighting China's importance to Tesla, Jeff Bezos asks if Elon Musk's Twitter takeover gives the Chinese government “a bit of leverage over the town square”  —  Amazon.com Inc. founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44 billion takeover of Twitter Inc. …
@jack:
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 …
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.
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 …
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 …
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:
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
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 …
Matthew Gault / VICE:
Emails reveal how some police officers have become superfans of autonomous drone company Skydio and regularly help to sell or promote its products to colleagues  —  A drone company called Skydio has managed to get autonomous drones into dozens of police departments by turning cops into their biggest fans.
Brian Heater / TechCrunch:
Online podcast recording service Riverside raises a $35M Series B led by Oren Zeev and says its clients include the NYT, Fox Sports, Marvel, and iHeartMedia  —  Like every other podcaster in the known universe, my show went all-virtual in mid-2020.  It was a weird transition for someone …
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Osato Avan-Nomayo / The Block: