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April 25, 2022, 8:20 PM
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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.
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Twitter, Reuters, The Independent, New York Times, Bloomberg, The Verge, Bloomberg, Platformer, Protocol, Benzinga, Softpedia News, New York Times, Input, Tom's Guide, Popular Mechanics, Insider, Associated Press, OSnews, International Business Times, TechCrunch, Seattle Business Journal, The Register, Ars Technica, The Atlantic, TNW, Margins, VICE, Axios, ZDNet, Macworld, Associated Press, Fast Company, The Block, Pocket-lint, NBC News, GeekWire, Android Authority, TNW, Cult of Mac, AppleInsider, TechCrunch, Fossbytes, TechRadar, Financial Times, The Mac Observer, and Crowdfund Insider
Tweets: @elonmusk, @elonmusk, @pekingmike, @jeffbezos, @senwarren, @downtown, @btaylor, @nicoleperlroth, @kurtwagner8, @redletterdave, @pwnallthethings, @paraga, @talmonsmith, @caraesten, @rabois, @asymmetricinfo, @therealfitz, @nedmiles, @_claypot, @dougboneparth, @sanasaeed, @bluesky, @hayskali, @djrothkopf, @reuters, @jim_jordan, @nikitabier, @chillmage, @kantrowitz, @hunterwalk, @thelincoln, @evan_greer, @brendancarrfcc, @caseynewton, @mcuban, @icecube, @katearonoff, @smilerz91, @jamestitcomb, @dramsinghvi, @brookesingman, @robinsonmeyer, @itsdanawhite, @jon_bois, @sorayamcdonald, @pmarca, @drmistercody, @andrewti, @elipariser, @quintabrunson, @noliewithbtc, @tumblr, @aniceburrito, @nathantankus, @sarahcpr, @blkgrlbrilliant, @loganbartlett, @bwags, @capybaroness, @williesuede, @lesbiaudrey, @the_ada_rhodes, @thekidmero, @doinkpatrol, @twinklecircuit, @badinfinity2, @marioarizabaez, @jscros, @lesbiaudrey, @brandonlbradfor, @miss_birdbrain, @gumby4christ, @waltmossberg, @benshapiro, @ggreenwald, @ninaturner, @kathygriffin, @iaponomarenko, @ggreenwald, @carnage4life, @phil_lewis_, @reuters, @briannawu, @jason_kint, @donwinslow, @unscriptedmike, @evacide, @pkafka, @bocxtop, @jamesrbuk, @davidsacks, @anthony, @espiers, @carnage4life, @sarahfrier, @davidakaye, @davewiner, @benfenton, @lizweil, @carnage4life, @evelyndouek, @emanuelmaiberg, @brij, @thekenyeung, @epro, @rmac18, @alexweprin, @tomcoates, @danielyrubin, @mathewi, @qwongsj, @maxberger, @mat, @sarahfrier, @jarak, @mattrosoff, @maxberger, @johniadarola, @kfury, @business, @kantrowitz, @quinnypig, @loudmouthjulia, @tomgara, @jonfavs, @caseynewton, @markdistef, @alexkoppelman, @carnage4life, @daveleeft, @sarahjeong, @alexhanna, @tariqpanja, @mikeisaac, @tcarmody, @frankfigliuzzi1, @tomgara, @sriramk, @tszzl, @dcurtis, @robaeprice, @alexhern, @pmarca, @taylorlorenz, @wajahatali, @joshuatopolsky, @gossithedog, @joannastern, @hblodget, @byjacobward, @finallevel, @mgsiegler, @artemr, @emilydreyfuss, @martinsfp, @ericjackson, @jonerlichman, and @dylanreeve
| 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
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Tweets: @sethabramson, @juliussharpe, @mor10, @kysportsradio, @juliaioffe, @maggienyt, @fredbenenson, @jeffjarvis, and @doney
| 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 …
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| 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.
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Tweets: @madthunderdome, @noupside, @benedictevans, @wbm312, @michelletandler, @justinhendrix, @britnidwrites, and @rmac18
| 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 …
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GeekWire and CryptoSlate
Tweets: @kurtwagner8, @alexeheath, @forrestbrazeal, @jamesrbuk, @kurtwagner8, @alexeheath, @alexeheath, @alexeheath, and @alexeheath
| Reuters: |
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Tweets: @b_fung, @microbear1, @asemota, @obrien, @obrien, @gregroumeliotis, @drskyskull, @ngreenberg, and @troutman
| 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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| Brendan Sinclair / GamesIndustry.biz: |
Activision Blizzard reports Q1 revenue down 22% YoY to $1.77B, net income down 36% to $395M, Activision MAUs down 33% to 100M, and Blizzard MAUs down 19% to 22M — Modest revenue growth at King offset by 49% drop from Activision, 43% decline from Blizzard as MAUs hit new lows
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Activision Blizzard, TheStreet, Video Games Chronicle, PC Gamer, CNBC, Seeking Alpha, Wccftech, TrueAchievements, MobileSyrup, Axios, and VentureBeat
Tweets: @gibiz and @chriskeall
| 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” — Sam Bankman-Fried describes explains “yield-farming” to Bloomberg. — Honk honk!
Source:
Bloomberg. More:
Tom's Newsletter
Tweets: @wallstcynic, @katie_martin_fx, @patdennis, @cavandy, @emilyjnicolle, @tracyalloway, @wallstcynic, @joesaluzzi, @kofinas, @jamessurowiecki, @bc_trevor, @nkulw, @maxwellstrachan, @robinwigg, @realpauleverton, @quantian1, @coryklippsten, @ajb_powell, @concodanomics, @thestalwart, @mattzeitlin, @matt_levine, @katie_martin_fx, and @fxmacro
| 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.
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OpenSea Blog, PYMNTS.com, CoinDesk, Maker Minds, Decrypt, Crypto Briefing, NFT Evening, and Cryptopolitan
| Catherine Stupp / Wall Street Journal: |
Hackers have attacked three German wind energy companies since Russia's war in Ukraine, shutting down 2K+ turbines' remote control systems for a day, and more — Three Germany-based wind-energy companies have been the targets of cyberattacks since Russia's invasion of Ukraine … | Lucas Shaw / Bloomberg: |
Sources: Netflix staff morale is down amid its declining stock price, subscriber losses, and an engineering restructuring to create “junior” and “senior” levels — As Netflix shares plunge to their lowest point in five years, the company risks losing its most valuable resource: its star employees.| Mengqi Sun / Wall Street Journal: |
Crypto exchanges and companies are poaching more legal talent, as the industry faces increased regulatory pressure; law firms are also building crypto practices — Crypto exchanges and companies are poaching attorneys to help them navigate an evolving regulatory landscape and to cut down legal costsSponsor Posts
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