Techmeme
April 26, 2022, 8:50 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: Twitter, New York Times, Electronic Frontier Foundation, The Atlantic, The Independent, Club386, 500ish, Blockworks, BBC, The Hill, Bloomberg, The Guardian, Popular Information, The Verge, CNN, Tom's Guide, Wall Street Journal, Reuters, Crypto Briefing, Tech.co, Dexerto, Wccftech, City A.M., New York Magazine, Bloomberg, Axios, Light Reading, Vault, VICE, Politico, Axios, Yasha Levine, TechCrunch, Ars Technica, Associated Press, Los Angeles Times, Financial Times, and PhoneArena
Tweets: @elonmusk, @elonmusk, @jeffbezos, @senwarren, @pekingmike, @dwuff, @btaylor, @downtown, @paraga, @nicoleperlroth, @djrothkopf, @redletterdave, @oneunderscore__, @jamessurowiecki, @jim_jordan, @gavinjohnadams, @caraesten, @ronwyden, @pwnallthethings, @jeffbezos, @rabois, @asymmetricinfo, @bluesky, @jeffbezos, @chillmage, @thelincoln, @ethanz, @dougboneparth, @firefox, @kantrowitz, @hayskali, @mmasnick, @sanasaeed, @brendancarrfcc, @therealfitz, @_claypot, @nikitabier, @sarah_smarsh, @xoanty, @caseynewton, @evan_greer, @elipariser, @hunterwalk, @profsunnysingh, @phil_lewis_, @mikedrucker, @sarahjeong, @sarahcpr, @thestalwart, @bocxtop, @noliewithbtc, @binarybits, @lesbiaudrey, @icecube, @jamesrbuk, @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, @alexhanna, @tumblr, @dramsinghvi, @tariqpanja, @andrewti, @tcarmody, @frankfigliuzzi1, @tomgara, @sriramk, @tszzl, @oliviatheehye, @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, and @robinwauters
@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.
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 …
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 …
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
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:
Brad Stone / Bloomberg:
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 …
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

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:
30 minutes is all you need.  Change your business forever this MSME Day!  —  It's time to celebrate!  To all the small and medium business entrepreneurs across the globe - your day is here—MSME Day 2022!
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:
Mon. 06/27 - Après Mai, Le Apple Déluge?
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 8:50 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: