Techmeme
April 26, 2022, 6:15 AM

Top News

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: New York Times, Electronic Frontier Foundation, The Independent, The Atlantic, 500ish, Bloomberg, BBC, New York Times, The Guardian, Associated Press, Tom's Guide, Crypto Briefing, Reuters, The Economic Times, Benzinga, BetaNews, The Verge, Axios, Wall Street Journal, Coinspeaker, cybernews.com, New York Magazine, VICE, Techpoint Africa, Axios, Yasha Levine, Ars Technica, TechCrunch, Fossbytes, International Business Times, Gamereactor UK, BGR India, TechCircle, Memex 1.1, Financial Times, and PhoneArena
Tweets: @pekingmike, @elonmusk, @jeffbezos, @senwarren, @elonmusk, @dwuff, @btaylor, @downtown, @nicoleperlroth, @paraga, @djrothkopf, @redletterdave, @oneunderscore__, @pwnallthethings, @caraesten, @gavinjohnadams, @rabois, @ronwyden, @asymmetricinfo, @firefox, @jim_jordan, @chillmage, @jeffbezos, @thelincoln, @jeffbezos, @nikitabier, @dougboneparth, @kantrowitz, @hayskali, @mmasnick, @bluesky, @sanasaeed, @brendancarrfcc, @therealfitz, @evan_greer, @_claypot, @hunterwalk, @caseynewton, @jamessurowiecki, @elipariser, @parikpatelcfa, @oliviatheehye, @ethanz, @bocxtop, @phil_lewis_, @mikedrucker, @sarahcpr, @binarybits, @noliewithbtc, @lesbiaudrey, @finallevel, @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, @mat, @sarahfrier, @goldman, @thekidmero, @jarak, @mattrosoff, @loganbartlett, @waltmossberg, @pkafka, @johniadarola, @kfury, @business, @kantrowitz, @tomgara, @caseynewton, @twinklecircuit, @alexkoppelman, @carnage4life, @sarahjeong, @alexhanna, @tumblr, @dramsinghvi, @tariqpanja, @andrewti, @tcarmody, @frankfigliuzzi1, @tomgara, @sriramk, @tszzl, @unscriptedmike, @carnage4life, @dcurtis, @goldman, @ggreenwald, @robaeprice, @goldman, @pmarca, @wajahatali, @drmistercody, @joshuatopolsky, @dickc, @gossithedog, @jason_kint, @itsdanawhite, @joannastern, @bwags, @goldman, @byjacobward, @iaponomarenko, @jscros, @ggreenwald, @mgsiegler, @miss_birdbrain, @artemr, @emilydreyfuss, @zubymusic, @mcuban, @ericjackson, @jonerlichman, @donwinslow, @dylanreeve, @ayocaesar, @teroterotero, @justinhendrix, @donie, @arthurb, @russellholly, @thestalwart, @buchmanster, @aprilaser, @esaagar, @robinwauters, @doinkpatrol, @ericjackson, @benmekler, @buzz, @bplewis, @williesuede, @cdixon, @rameshsrivats, @mikeisaac, @katie_roof, @tedcruz, @the_ada_rhodes, @obrien, and @evacide
@jack:
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 …
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 …
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 …
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 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.
Osato Avan-Nomayo / The Block:
A hacker stole 91 NFTs, worth at least $2.8M, through 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 …

Sponsor Posts

Intel:
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
MicroAcquire:
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.
Zoho:
5 ways to make your employees feel valued on their work anniversary  —  Taking steps to recognize and celebrate your employees is a surefire way to assure them that they are on the right track.
Storyblok:
The only headless CMS with a visual editor  —  Devs get the flexibility to build experiences for any frontend, while content creators need no coding skills to edit content independently.
Techmeme Ride Home:
(TWTR SPC) Variety Special
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 6:15 AM ET, April 26, 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

Jamie Powell / Financial Times: