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April 26, 2022, 6:40 AM
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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, New York Times, Wall Street Journal, Electronic Frontier Foundation, The Independent, The Atlantic, Blockworks, 500ish, Bloomberg, BBC, New York Times, The Guardian, Tom's Guide, Crypto Briefing, Reuters, The Verge, The Economic Times, City A.M., BetaNews, Benzinga, Axios, Associated Press, Wall Street Journal, Vault, Coinspeaker, New York Magazine, cybernews.com, VICE, Axios, Techpoint Africa, Yasha Levine, Ars Technica, TechCrunch, Fossbytes, Common Sense, BGR India, Financial Times, and PhoneArena
Tweets: @pekingmike, @elonmusk, @jeffbezos, @elonmusk, @senwarren, @dwuff, @btaylor, @downtown, @nicoleperlroth, @paraga, @djrothkopf, @redletterdave, @oneunderscore__, @jim_jordan, @pwnallthethings, @caraesten, @gavinjohnadams, @ronwyden, @rabois, @asymmetricinfo, @jeffbezos, @chillmage, @firefox, @jeffbezos, @thelincoln, @nikitabier, @dougboneparth, @kantrowitz, @hayskali, @mmasnick, @bluesky, @sanasaeed, @brendancarrfcc, @therealfitz, @evan_greer, @_claypot, @profsunnysingh, @thestalwart, @hunterwalk, @caseynewton, @jamessurowiecki, @elipariser, @parikpatelcfa, @oliviatheehye, @ethanz, @bocxtop, @phil_lewis_, @mikedrucker, @sarahcpr, @noliewithbtc, @lesbiaudrey, @icecube, @jamesrbuk, @finallevel, @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, and @esaagar
| @jack: |
Taking Twitter private “is the correct first step” and Musk's goal to create a “maximally trusted and broadly inclusive” platform “is the right one” — I love Twitter. Twitter is the closest thing we have to a global consciousness.
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RTÉ, Gizmodo, PCMag, CNBC, Insider, Bloomberg, New York Post, Android Headlines, Benzinga, CoinDesk, and The Verge
Tweets: @jack, @jack, @jack, @jack, @jack, @profgalloway, @tvietor08, @billcorbett, @maxberger, @jyarow, @edent, @qhardy, @kateconger, @michelleyesudas, @profcarroll, and @cosmicrami
| 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, The Economic Times, Insider, Benzinga, The Hill, Australian Financial Review, Bloomberg, Coinspeaker, The Guardian, Ars Technica, Gamereactor UK, CoinDesk, Gizmodo, Firstpost Tech, BGR India, Axios, TheStreet, and CoinJournal
Tweets: @naval, @laurenshirsch, @pmarca, @ggreenwald, @bigblackjacobin, @zackkanter, @bridgetmarie, @josephwulfsohn, @samsheffer, @ericjackson, @keemstar, @sub8u, @leonidragozin, @professorcrunk, @carnage4life, @karaswisher, @therealhoarse, @matthew_d_green, @albertwenger, @slpng_giants, @albertwenger, and @senatorshoshana
| 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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CNN, Reuters, Bloomberg, The Economic Times, Wall Street Journal, CNBC, Vox, Insider, Noahpinion, Forrester, Silicon Canals, Access Now, Wall Street Journal, and Washington Post
Tweets: @nedmiles, @talmonsmith, @noupside, @binarybits, @benedictevans, @lancestorm, @britnidwrites, @jorgegalindo, @rmac18, @kurtschlichter, and @nytimes
| 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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CNN, New York Times, Associated Press, The Atlantic, NPR, CNBC, Forbes, BBC, CNN, Bloomberg, and Gizmodo
Tweets: @sethabramson, @maggienyt, @mor10, @kysportsradio, @fredbenenson, @juliaioffe, @jeffjarvis, @juliussharpe, and @doney
| 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 …
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Hollywood Reporter, The Economic Times, Axios, Bloomberg, CNBC, Michael Tsai, and Politico
Tweets: @nohillside, @eddie1perez, @tasharobinson, @cengizyar, @quinnae_moon, and @mrandyngo
| 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 … | 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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Sputnik International, The Verge, TechCircle, BGR India, and GeekWire
Tweets: @kurtwagner8, @alexeheath, @alexeheath, @forrestbrazeal, @kurtwagner8, @jamesrbuk, and @alexeheath
| Brad Stone / Bloomberg: |
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Defense One, The Verge, The Economic Times, Reuters, Coinmonks, BBC, The Boston Globe, CNBC, and Financial Times
Tweets: @stevenbjohnson and @claytravis
| 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 … | 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, SegmentNext, Video Games Chronicle, Game Rant, and PC Gamer
| 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
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The Block, Decrypt, Finbold, New York Times, Reuters, Benzinga, CoinDesk, Cointelegraph, Wealth Management, and Cryptonews
Tweets: @thinkingbitmex, @jeffbooth, @gladstein, @adamnash, @cz_binance, and @blockworks_
| Ben Thompson / Stratechery: |
Amazon's Buy with Prime will make it difficult for Shopify to get its own shipping solution to scale by deepening Amazon's nearly impregnable moat in logistics — Five months and $134 billion in market cap ago (before the stock slipped by 68%), Bloomberg Businessweek purported to explain …
Tweets: @carnage4life, @hzhu_, and @vivekraju93
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