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April 14, 2022, 9:45 PM
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Bloomberg:
Filing: Elon Musk delivers a non-binding proposal to take Twitter private by acquiring all outstanding stock for $54.20 per share, in a cash deal worth ~$43B  —  Elon Musk has offered to buy Twitter for $54.20 per share in cash, according to an updated 13D filing, Bloomberg News reports.
More: Wall Street Journal, CNBC, The Verge, New York Times, Wall Street Journal, Reuters, Associated Press, Wired, Washington Post, Toronto Star, Reuters, The Economic Times, Bloomberg, Vox, BetaKit, The Information, Reuters, The Economic Times, Philip Elmer‑DeWitt, Axios, Daily Mail, Bloomberg, Salon, Insider, BBC, The Atlantic, Vox, TechCrunch, Sublink, Financial Times, Jerusalem Post, Crypto Briefing, Pixel Envy, Insider, CNBC, CNBC, Sky News, New York Times, Insider, iClarified, TechRadar, MobileSyrup, PCWorld, Ethereum World News, and Appleosophy
Tweets: @elonmusk, @zerohedge, @justinsuntron, @fredwilson, @maxboot, @elonmusk, @rabois, @benedictevans, @shoshanazuboff, @bchappatta, @rsarver, @zei_squirrel, @mikeisaac, @kurtwagner8, @mcuban, @mcuban, @mcuban, @carlquintanilla, @alexeheath, @verysmallriver, @alexstamos, @shoshanazuboff, @repmtg, @tayhatmaker, @tedchris, @lt_winslow, @shoshanazuboff, @moskov, @pmarca, @rbreich, @realwillybot, @matt_levine, @reckless, @reckless, @laurenboebert, @alexstamos, @sbf_ftx, @natesilver538, @mayazi, @kurtwagner8, @brianstelter, @carnage4life, @caseynewton, @scottnover, @ggreenwald, @scottnover, @litcapital, @danprimack, @caroljsroth, @ryanmoore, @ashleevance, @nigel_farage, @sifill_ldf, @reckless, @timobrien, @alexweprin, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @shoshanazuboff, @stokel, @normative, @nichcarlson, @engadget, @danprimack, @anildash, @mikeisaac, @willoremus, @matthew_d_green, @mikeisaac, @mayazi, @sarahfrier, @podsaveamerica, @reckless, @gergelyorosz, @davepell, @smtuffy, @suhail, @emzanotti, @danprimack, @jimwaterson, @micsolana, @alirayl, @parkermolloy, @mayazi, @matt_levine, @mtracey, @tw_seal, @matt_levine, @suka_hiroaki, @drjengunter, @ivanthek, @ivanthek, @willoremus, @sherman4949, @ldrogen, @jamestitcomb, @karaswisher, @neilcybart, @obrien, @benedictevans, @anthony, @caseynewton, @punk6529, @rmac18, @sarahfrier, @tracyalloway, @tcarmody, @evan_greer, @benthompson, @gmbutts, @caseynewton, @rmac18, @ivanthek, @kurtwagner8, @ericjackson, @notabigjerk, @davewiner, @markscott82, @lizrhoffman, @safeselfdrive, @thestalwart, @danprimack, @paulmozur, @film_girl, @danprimack, @farronbalanced, @szhang_ds, @pkafka, @jamestitcomb, @lizrhoffman, @daryrezvani, @steveschmidtses, @rmac18, @danprimack, @markdistef, @mattyglesias, @benedictevans, @jason_pontin, @carnage4life, @williamturton, @deitaone, @danprimack, @tomgara, @shiraovide, @parikpatelcfa, @alexrkonrad, @amy_siskind, @moskov, @normative, @mhbergen, @jonerlichman, @mgsiegler, @modestproposal1, @alexstamos, and @samro
Mia Sato / The Verge:
Musk says he may not “actually be able to” buy Twitter, he is motivated by its public interest value, it should open source its algorithm, and he has a Plan B  —  The billionaire made his first public comments about his Twitter takeover efforts at the TED 2022 conference
Amir Efrati / The Information:
Source says Twitter's board of directors views Elon Musk's takeover offer as unwelcome, suggesting the company will fight the bid  —  Twitter's board of directors views Elon Musk's takeover offer as unwelcome, said a person familiar with the situation, suggesting it will fight the bid.
Bloomberg:
Sources: Twitter's board is considering a poison pill after Elon Musk's bid; a source says another plan under consideration is saying that the offer is too low  —  Twitter Inc.'s board is considering adopting a measure that would protect the company from hostile acquisition bids …
Jon Swartz / MarketWatch:
Apple says Meta's plan to take a 47.5% cut of virtual sales in Horizon Worlds “lays bare Meta's hypocrisy” for taking aim at Apple's 30% cut in the App Store  —  Facebook parent Meta Platforms Inc.'s intent to take a nearly 50% cut of digital asset sales within its emerging metaverse …
Sarah Perez / TechCrunch:
WhatsApp announces Communities with admin tools, file sharing, 32-person calls, and more, to let clubs, schools, and other groups host thousand-user chats  —  Meta is throwing billions of dollars into building out the metaverse as the future of social networking but in the near term …
CoinDesk:
The US Treasury says North Korea-backed hacking group Lazarus is tied to the theft of cryptocurrencies worth $600M+ from the Axie Infinity-linked Ronin bridge  —  Ronin was hacked for more than $600 million in crypto late last month.  —  The U.S. Treasury Department alleged …
Jiaxing Li / South China Morning Post:
Internet portal Sohu, one of China's first tech firms to list on Nasdaq in 2000, is looking to exit Nasdaq after the SEC said it's noncompliant with audit rules  —  A total of 23 companies, including Baidu and Weibo, have been identified by the SEC as being at risk of delisting for non-compliance with audit rules.
Mark Gurman / Bloomberg:
Developer logs and sources: Apple is testing four different M2-based chips in at least nine new Macs, including MacBook Air, MacBook Pro, Mac mini, and Mac Pro  —  Apple Inc. has started widespread internal testing of several new Mac models with next-generation M2 chips, according to developer logs …
Sam Kessler / CoinDesk:
A lawsuit filed against OlympusDAO's co-founders over $20M+ in the DAO's native tokens could unmask their identities, testing the limits of pseudonymity in DAOs  —  An early Olympus investor alleges he was cheated out of millions of OHM tokens when key smart contracts were rendered inoperable.
Rita Liao / TechCrunch:
China-founded startups are increasingly abandoning their domestic market to pursue international markets, due to mounting compliance costs and regulatory risks  —  Like many ambitious Chinese who graduated college abroad during the 2010s and aspired to be the next Jack Ma or Pony Ma …
Kate Kaye / Protocol:
A look at AI tools built by sales and customer service software companies like Uniphore and Sybill to identify human emotions, as Zoom unveils Zoom IQ for Sales  —  Virtual sales meetings have made it tougher than ever for salespeople to read the room.  So, some well funded tech providers …

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From Mediagazer

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Alexandra Steigrad / New York Post:
iHeart says it is laying off employees; a source says the layoffs affect less than 5% of a workforce of more than 10,000 employees

CNN:
Reporters from news orgs were denied credentials to Trump's election night watch event; source: Politico's credentials were revoked following critical coverage

More News

Earlier Picks

Jonathan Greig / The Record:
US government agencies warn of custom hacking tools, created by several APT actors, that are designed to compromise IT equipment used in critical infrastructure
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