April 25, 2022, 6:30 PM

Top News

Lauren Feiner / CNBC:
Twitter has entered into a definitive agreement to be acquired “by an entity wholly owned by Elon Musk”, for $54.20/share in cash, in a deal valued at ~$44B  —  - 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, Bloomberg, On my Om, BBC, Tom's Guide, Input, Popular Mechanics, The Verge, Insider, The Register, Japan Today, TechCrunch, TNW, Ars Technica, New York Times, Crypto Briefing, Associated Press, ZDNet, Macworld, Silicon Valley Business …, Decrypt, Thurrott, BetaNews, Appleosophy, The Hill, MacRumors,, XDA Developers, Android Police, 9to5Mac, GeekWire, AppleInsider, TechCrunch, The Block, NBC News, The Irish Times, Android Authority, TNW, CoinDesk, Gizmodo, Reuters, Axios, VICE, Fast Company, Associated Press, MarTech, The Week, Washington Post, TechCircle,, BuzzFeed News, SlashGear, Fossbytes,, The Mac Observer, Android Central, CowboyRadio Feed, Twinfinite, Light Reading, Video Games Chronicle, PlausibleFoolishness's …, MobileSyrup, iMore, TechRadar, Neowin, Financial Times, Variety, TechSpot, Deadline, iPhone in Canada Blog, and ZyCrypto
Tweets: @elonmusk, @elonmusk, @senwarren, @nicoleperlroth, @btaylor, @redletterdave, @sanasaeed, @hayskali, @caraesten, @rabois, @kurtwagner8, @djrothkopf, @nedmiles, @talmonsmith, @downtown, @phil_lewis_, @chillmage, @kantrowitz, @hunterwalk, @paraga, @pmarca, @drmistercody, @andrewti, @elipariser, @quintabrunson, @noliewithbtc, @tumblr, @aniceburrito, @nathantankus, @jim_jordan, @sarahcpr, @blkgrlbrilliant, @loganbartlett, @bwags, @capybaroness, @williesuede, @lesbiaudrey, @the_ada_rhodes, @thekidmero, @doinkpatrol, @twinklecircuit, @badinfinity2, @marioarizabaez, @dougboneparth, @jscros, @lesbiaudrey, @brandonlbradfor, @miss_birdbrain, @gumby4christ, @icecube, @waltmossberg, @ggreenwald, @ninaturner, @kathygriffin, @iaponomarenko, @ggreenwald, @carnage4life, @caseynewton, @briannawu, @jason_kint, @donwinslow, @unscriptedmike, @bluesky, @reuters, @evacide, @pkafka, @frankfigliuzzi1, @pmarca, @katie_roof, @thestalwart, @obrien, @brookesingman, @epro, @justinhendrix, @benmekler, @danielyrubin, @gossithedog, @evelyndouek, @mattrosoff, @dylanreeve, @bigblackjacobin, @teroterotero, @davidakaye, @evacide, @donie, @kurtwagner8, @tomgara, @ericjackson, @alexweprin, @benfenton, @anthony, @alexkoppelman, @levie, @emanuelmaiberg, @gartenberg, @bocxtop, @anthony, @aprilaser, @ericjackson, @jamesrbuk, @tariqpanja, @ericjackson, @espiers, @carnage4life, @sarahfrier, @davewiner, @lizweil, @carnage4life, @brij, @thekenyeung, @rmac18, @tomcoates, @mathewi, @qwongsj, @maxberger, @mat, @sarahfrier, @jarak, @maxberger, @johniadarola, @rmac18, @kfury, @business, @kantrowitz, @quinnypig, @loudmouthjulia, @tomgara, @jonfavs, @caseynewton, @markdistef, @carnage4life, @daveleeft, @sarahjeong, @alexhanna, @davidsacks, @mikeisaac, @tcarmody, @sriramk, @tszzl, @dcurtis, @robaeprice, @alexhern, @taylorlorenz, @wajahatali, @joshuatopolsky, @joannastern, @hblodget, @byjacobward, @finallevel, @mgsiegler, @artemr, @emilydreyfuss, @martinsfp, @jonerlichman, @ayocaesar, @russellholly, @buchmanster, @esaagar, @robinwauters, @danprimack, @buzz, @bplewis, @cdixon, @mikeisaac, @tedcruz, @mgsiegler, @loganbartlett, @film_girl, and @carnage4life
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”, which saw its stock drop 12.9% on Monday  —  Trump said a Musk Twitter takeover would be a positive development, but he will stay with his own platform
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  —  It is the biggest acquisition financing ever put forward for one person.  Elon Musk is doing it his way.
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 …
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 …
Jamie Powell / Financial Times:
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.
Brendan Sinclair /
Activision Blizzard reports Q1 revenue down 22% YoY to $1.77B, net income down 36% YoY to $395M; the Activision segment had 100M MAUs in Q1, down 33% YoY  —  Modest revenue growth at King offset by 49% drop from Activision, 43% decline from Blizzard as MAUs hit new lows
Financial Times:
UK virtual events startup Hopin, which raised $1B+ and reached a $7.8B valuation, is struggling; its Explore page lists fewer than 500 events, down from 15K+  —  British group gained $7.8bn valuation in pandemic, but lay-offs and slump in secondary market trades have followed

Sponsor Posts

Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Dataholics: The solution to bad data in CRM systems  —  This is a guest post by Dataholics.  Bad data in a CRM system can cause all sorts of problems for businesses, from decreased efficiency to lost sales opportunities.
New opportunities are waiting for you  —  Join 100,000+ entrepreneurs buying and selling startups on the world's #1 acquisition marketplace.  Expertly curated to match serious buyers with pre-vetted startups of all sizes.
Techmeme Leaderboards:
Find the top reporters on AI, NFTs, VR, AR, VC and much more  —  We've analyzed Techmeme's news crawl data to identify the most influential writers on 46 topics.  Download reports immediately for just $100.  No sub needed!
Techmeme Ride Home:
(TWTR SPC) Are We In A Recession @noahpinion ?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:30 PM ET, April 25, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks