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April 25, 2022, 10:25 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, Defense One, New York Times, The Independent, Bloomberg, Bloomberg, CNN, Tech Policy Press, Forbes, BBC, The Verge, Tom's Guide, Crypto Briefing, Insider, Margins, Benzinga, Softpedia News, Axios, VICE, Input, Revolving Door Project, The Atlantic, Ars Technica, OSnews, Associated Press, Popular Mechanics, Access Now, Washington Post, Seattle Business Journal, International Business Times, Making It All Click, Slate, NPR, Fast Company, Financial Times, TechRadar, GeekWire, AppleInsider, TechCrunch, Pocket-lint, The Block, Macworld, NBC News, The Mac Observer, Fossbytes, Crowdfund Insider, and Android Authority
Tweets: @jeffbezos, @pekingmike, @elonmusk, @elonmusk, @senwarren, @btaylor, @downtown, @nicoleperlroth, @kurtwagner8, @redletterdave, @jeffbezos, @pwnallthethings, @paraga, @jeffbezos, @chillmage, @caraesten, @rabois, @asymmetricinfo, @ronwyden, @gavinjohnadams, @jim_jordan, @djrothkopf, @thelincoln, @reuters, @nikitabier, @dougboneparth, @kantrowitz, @hayskali, @hunterwalk, @mmasnick, @evan_greer, @bluesky, @sanasaeed, @brendancarrfcc, @therealfitz, @_claypot, @caseynewton, @jason_kint, @bocxtop, @brookesingman, @arthurb, @gavinjohnadams, @phil_lewis_, @reuters, @mikedrucker, @sarahcpr, @finallevel, @noliewithbtc, @mcuban, @lesbiaudrey, @icecube, @jamesrbuk, @davidsacks, @anthony, @espiers, @benshapiro, @carnage4life, @sarahfrier, @davidakaye, @quintabrunson, @davewiner, @benfenton, @jamestitcomb, @blkgrlbrilliant, @lizweil, @carnage4life, @smilerz91, @ninaturner, @brandonlbradfor, @briannawu, @evelyndouek, @emanuelmaiberg, @brij, @katearonoff, @thekenyeung, @epro, @rmac18, @jason_kint, @alexweprin, @tomcoates, @danielyrubin, @mathewi, @qwongsj, @kathygriffin, @maxberger, @mat, @sarahfrier, @thekidmero, @jarak, @mattrosoff, @loganbartlett, @waltmossberg, @pkafka, @maxberger, @johniadarola, @kfury, @business, @kantrowitz, @quinnypig, @loudmouthjulia, @tomgara, @jonfavs, @caseynewton, @twinklecircuit, @markdistef, @alexkoppelman, @carnage4life, @daveleeft, @sarahjeong, @alexhanna, @tumblr, @dramsinghvi, @badinfinity2, @tariqpanja, @andrewti, @mikeisaac, @tcarmody, @frankfigliuzzi1, @tomgara, @sriramk, @tszzl, @unscriptedmike, @carnage4life, @dcurtis, @ggreenwald, @robaeprice, @alexhern, @pmarca, @taylorlorenz, @wajahatali, @drmistercody, @joshuatopolsky, @gossithedog, @itsdanawhite, @joannastern, @hblodget, @bwags, @byjacobward, @iaponomarenko, @jscros, @ggreenwald, @mgsiegler, @miss_birdbrain, @artemr, @emilydreyfuss, @martinsfp, @ericjackson, @jonerlichman, @donwinslow, @dylanreeve, @ayocaesar, @teroterotero, @justinhendrix, @donie, @wfkars, @russellholly, @thestalwart, @buchmanster, @aprilaser, @esaagar, @robinwauters, and @doinkpatrol
| 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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Reuters, Bloomberg, CNN, NPR, Engadget, Ars Technica, CNBC, Toronto Star, Insider, Forrester, The Verge, The Register, WRAL TechWire, New York Post, Financial Times, MarTech, TIME, iPhone in Canada Blog, MacRumors, and Bitcoin News
| 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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The Verge, Washington Post, Gizmodo, Politico, New York Times, Bloomberg, The Atlantic, CNBC, The Hill, BBC, CNBC, Mercury News, New York Post, Benzinga, Vox, Bloomberg, The Week, TechCrunch, and Slashdot
Tweets: @sethabramson, @juliussharpe, @maggienyt, @mor10, @kysportsradio, @fredbenenson, @juliaioffe, @jeffjarvis, and @doney
| Casey Newton / Platformer: |
Former executives 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, the company Slack channels were lit up with nervous anticipation.| 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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On my Om, FinSMEs, Australian Financial Review, TheStreet, Axios, The Hill, Bloomberg, Decrypt, Protocol, Telegraph, Livemint, Insider, Phandroid, iTnews, Computerworld, Dexerto, TNW, Observer, CoinJournal, Crypto Daily, International Business Times, and CryptoSlate
| 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, Voice of America, and Engadget
Tweets: @kurtwagner8, @alexeheath, @forrestbrazeal, @jamesrbuk, @alexeheath, @kurtwagner8, and @alexeheath
| Reuters: |
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CNBC, Bloomberg, The Verge, Financial Times, and CryptoPotato
Tweets: @b_fung, @microbear1, @asemota, @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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VICE, CoinDesk, The Register, Bloomberg, Gizmodo, Engadget, Crypto Adventure, CoinDesk, NFT Evening, The Verge, Crypto Briefing, PCMag, PC Gamer, Bitcoinist.com, Decrypt, Protocol, Cointelegraph, and The Defiant
Tweets: @boredapeyc, @zachxbt, @cryptogarga, @cryptogarga, @cillic, @seldo, @deg3n, @alpha_pls, @lorenzofb, @thetoddwilliams, @mathewi, @lorenzofb, @slpng_giants, @cryptokaleo, and @yokomson
| 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, Wccftech, MobileSyrup, Seeking Alpha, GameSpot, Axios, VentureBeat, and Wall Street Journal
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, @fxmacro, and @degenspartan
| 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.
More:
OpenSea Blog, PYMNTS.com, CoinDesk, Decrypt, Crypto Briefing, NFT Evening, and Cryptopolitan
Tweets: @opensea, @gemxyz, @0x_b1, @mayazi, @mdudas, @cecianasta, @gemxyz, and @mrjasonchoi
| 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 … | Billy Mitchell / FedScoop: |
The Department of Defense hires Craig Martell, Lyft's head of machine learning, as the Pentagon's first chief digital and artificial intelligence officer — Craig Martell has left his role as head of machine learning for Silicon Valley rideshare company Lyft to be the Pentagon's first chief digital …
More:
PYMNTS.com, The Record, You searched for, Engadget, and C4ISRNET
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