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April 26, 2022, 3:40 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, The Independent, The Atlantic, 500ish, Bloomberg, Benzinga, Associated Press, BBC, The Guardian, CNN, Tom's Guide, Crypto Briefing, International Business Times, Reuters, The Economic Times, The Verge, Insider, TechCircle, VICE, Axios, Unfiltered, Memex 1.1, New York Magazine, TechCrunch, Ars Technica, BGR India, TIME, CoinDesk, Washington Post, Financial Times, Financial Times, Wall Street Journal, Financial Times, Associated Press, Softpedia News, Fast Company, and The Mac Observer
Tweets: @elonmusk, @pekingmike, @elonmusk, @jeffbezos, @dwuff, @senwarren, @downtown, @btaylor, @nicoleperlroth, @paraga, @redletterdave, @pwnallthethings, @oneunderscore__, @djrothkopf, @caraesten, @rabois, @gavinjohnadams, @asymmetricinfo, @chillmage, @ronwyden, @jamessurowiecki, @jim_jordan, @jeffbezos, @thelincoln, @jeffbezos, @nikitabier, @dougboneparth, @kantrowitz, @hayskali, @hunterwalk, @mmasnick, @evan_greer, @bluesky, @sanasaeed, @brendancarrfcc, @therealfitz, @_claypot, @caseynewton, @elipariser, @bocxtop, @zubymusic, @phil_lewis_, @mikedrucker, @binarybits, @sarahcpr, @finallevel, @noliewithbtc, @lesbiaudrey, @icecube, @jamesrbuk, @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, @quinnypig, @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, @hblodget, @bwags, @goldman, @byjacobward, @iaponomarenko, @jscros, @ggreenwald, @mgsiegler, @miss_birdbrain, @artemr, @emilydreyfuss, @mcuban, @ericjackson, @jonerlichman, @donwinslow, @dylanreeve, @ayocaesar, @teroterotero, @justinhendrix, @donie, and @arthurb
| 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, CNN, The Economic Times, Ars Technica, CNBC, NPR, Forrester, Bloomberg, Noahpinion, MarTech, Popular Mechanics, Access Now, and Toronto Star
| 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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Tweets: @jack, @jack, @jack, @jack, @laurenshirsch, @jack, @bigblackjacobin, @zackkanter, @bridgetmarie, @josephwulfsohn, @samsheffer, @ericjackson, @keemstar, @sub8u, @leonidragozin, @professorcrunk, @carnage4life, @karaswisher, @therealhoarse, @ggreenwald, @matthew_d_green, @albertwenger, @slpng_giants, and @albertwenger
| 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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Politico, New York Times, CNBC, The Atlantic, Bloomberg, Vox, CNN, Fossbytes, BBC, Forbes, Gizmodo, TechCrunch, Bloomberg, Slashdot, The Week, and Benzinga
Tweets: @sethabramson, @maggienyt, @mor10, @kysportsradio, @fredbenenson, @juliaioffe, @jeffjarvis, @juliussharpe, and @doney
| Ranjan Roy / Margins: |
Elon Musk is buying Twitter to protect his ability to tweet, which is vital to his business interests, to neuter 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 … | 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, Bloomberg, The Economic Times, Wall Street Journal, Australian Financial Review, Politico, Input, Firstpost Tech, and Michael Tsai
Tweets: @eddie1perez and @mrandyngo
| @jack: |
Dorsey says 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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Engadget, Insider, Benzinga, CNET, The Verge, Bloomberg, CoinDesk, TechCrunch, The Economic Times, and Variety
Tweets: @profgalloway, @michelleyesudas, @heathercampbell, @qhardy, @kateconger, @profcarroll, and @cosmicrami
| 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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The Verge, Axios, TheStreet, and GeekWire
Tweets: @kurtwagner8, @alexeheath, @alexeheath, @forrestbrazeal, @kurtwagner8, @jamesrbuk, and @alexeheath
| Brad Stone / Bloomberg: |
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Defense One, The Verge, BBC, Financial Times, International Business Times, The Boston Globe, and CNBC
Tweets: @stevenbjohnson and @claytravis
| 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, ZDNet, Attack of the 50 Foot …, TechCircle, CoinDesk, Forkast, The Verge, Bitcoinist.com, Bloomberg, Crypto Adventure, The Register, SiliconANGLE, Engadget, TheGamer, Input, The Defiant, NFT Evening, and Gizmodo
Tweets: @boredapeyc, @zachxbt, @boredapeyc, @cryptogarga, @cryptogarga, @cillic, @seldo, @deg3n, @alpha_pls, @lorenzofb, @thetoddwilliams, @mathewi, @lorenzofb, @slpng_giants, and @cryptokaleo
| 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: @hzhu_, @vivekraju93, and @mrstephendeng
| 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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Video Games Chronicle, Business Wire, Game Rant, Seeking Alpha, and PC Gamer
Tweets: @gibiz and @chriskeall
| Jeff Grubb / VentureBeat: |
NPD Group: consumer spending across video game hardware, content, and accessories declined 15% YoY to $4.9B in March, and fell 8% YoY to $13.9B in Q1 2022 — Gaming fans in the United States spent less on video game products in March, according to industry-tracking firm The NPD Group.
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Windows Central, Video Games Chronicle, and Game Informer
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