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April 26, 2022, 2:05 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.
More: Twitter, New York Times, The Independent, Defense One, 500ish, Bloomberg, The Atlantic, BBC, International Business Times, CNN, Tom's Guide, Crypto Briefing, Insider, Axios, VICE, Financial Times, Forbes, BGR India, New York Magazine, TechCrunch, Financial Times, Ars Technica, Wall Street Journal, TIME, The Week, Washington Post, Social Media Today, The Economic Times, CoinDesk, Associated Press, The Verge, Variety, Financial Times, NPR, Firstpost Tech, Yasha Levine, TechRadar, GeekWire, Reuters, AppleInsider, Softpedia News, Fast Company, The Block, Macworld, NBC News, The Mac Observer, Fossbytes, and Crowdfund Insider
Tweets: @elonmusk, @pekingmike, @elonmusk, @dwuff, @senwarren, @jeffbezos, @downtown, @btaylor, @nicoleperlroth, @paraga, @redletterdave, @pwnallthethings, @oneunderscore__, @chillmage, @caraesten, @rabois, @gavinjohnadams, @asymmetricinfo, @ronwyden, @jim_jordan, @jeffbezos, @djrothkopf, @thelincoln, @jeffbezos, @nikitabier, @dougboneparth, @kantrowitz, @hayskali, @hunterwalk, @mmasnick, @evan_greer, @bluesky, @sanasaeed, @brendancarrfcc, @therealfitz, @_claypot, @caseynewton, @elipariser, @bocxtop, @dickc, @brianstelter, @phil_lewis_, @mikedrucker, @rameshsrivats, @sarahcpr, @goldman, @goldman, @goldman, @goldman, @finallevel, @noliewithbtc, @lesbiaudrey, @icecube, @jamesrbuk, @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, @maxberger, @mat, @sarahfrier, @thekidmero, @jarak, @mattrosoff, @loganbartlett, @waltmossberg, @pkafka, @maxberger, @johniadarola, @kfury, @business, @kantrowitz, @quinnypig, @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, @wajahatali, @drmistercody, @joshuatopolsky, @gossithedog, @jason_kint, @itsdanawhite, @joannastern, @hblodget, @bwags, @byjacobward, @iaponomarenko, @jscros, @ggreenwald, @mgsiegler, @miss_birdbrain, @artemr, and @emilydreyfuss
See also Mediagazer
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 …
@jack:
Dorsey says taking Twitter private “is the correct first step” and Musk's goal to create 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.
Ranjan Roy / Margins:
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  —  A mini-grand theory on what he's up to with Twitter … A running theory of mine is that, in January 2018 …
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:
Elon Musk's bid is also a political takeover of Twitter that would let him impose his libertarian ideology on questions of moderation and misinformation  —  Behind Elon Musk's increasingly likely takeover of Twitter is the status of former President Donald Trump's suspended account.  But first...
Reuters:
Analysis: Elon Musk's Twitter bid includes a risky $12.5B margin loan, secured against Tesla stock and potentially costing ~$1B/year, and $21B of his own cash
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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From Mediagazer

Nancy Scola / Washingtonian:
A deep look at FCC Chairman Brendan Carr's moves favoring the Trump administration; former chair Tom Wheeler warns against the agency becoming a political tool

Stephen Council / Business Insider:
Sensor Tower estimate: ChatGPT advertisers grew from around 300 in April to more than 820 in July; retail shopping remains the biggest sector by ad spend

Lucia Moses / Business Insider:
WaPo opinion editor Adam O'Neal says he's stepping down after a year in the role; his hiring was part of a push to promote “personal liberties and free markets”

More News

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

Earlier Picks

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”
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