Top News:
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.
Discussion:
@jeffbezos, @waltmossberg, @pekingmike, New York Times, PR Newswire, New York Times, @elonmusk, Wall Street Journal, Axios, @elonmusk, @dwuff, Unpopular Front, @btaylor, CNN, @oneunderscore__, The Guardian, CNN, @brookesingman, Wall Street Journal, @sarahfrier, @tedcruz, @gabehudson, @davidsacks, @kantrowitz, Media Matters for America, @rmac18, @jim_jordan, @paraga, @ggreenwald, @chrislhayes, NBC10 Philadelphia, @mims, @espiers, @joe_hill, @joannastern, @sarahfrier, @hblodget, @mollyjongfast, @davewiner, @sarahcpr, @benfenton, @byjacobward, @lizweil, Adweek, @evelyndouek, @emanuelmaiberg, @leratomannya, @mgsiegler, @sarafischer, @reuters, @thekenyeung, @artemr, @emilydreyfuss, @zubymusic, Los Angeles Times, @rmac18, @repjayapal, AppleInsider, @mathewi, @dylanreeve, @davidafrench, @ayocaesar, Media Play News, The Hollywood Reporter, @mat, @justinhendrix, @jarak, @mattrosoff, @russellholly, @ericjackson, @aprilaser, @benmekler, @kfury, @kantrowitz, @buzz, @bplewis, TechCrunch, @michaelsteele, @tomgara, @jamesrbuk, @taylorlorenz, @caseynewton, @tressiemcphd, @repjimbanks, @obrien, Memex 1.1, Fast Company, @alexkoppelman, @daveleeft, @sarahjeong, @anthony, @alexhanna, @repbonnie, @ericjackson, @mgsiegler, Making It All Click, @davidaxelrod, @mikeisaac, @loganbartlett, @film_girl, @danprimack, @kurtwagner8, @danprimack, @tomgara, @djrothkopf, @sriramk, PlausibleFoolishness's …, @alkapdc, @manan, @tomcoates, @dcurtis, @atrupar, @tcarmody, @ggreenwald, @robaeprice, @mathewi, @alexhern, @mikedrucker, @taylorlorenz, @wajahatali, Financial Times, The PhilaVerse and The Nibble Gang Newsletter, more at Techmeme »
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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
Discussion:
New York Times, Washington Post, Politico, CNBC, Insider, The Atlantic, USA Today, The Hill, The Verge, Quartz, Terms of Service …, Bloomberg, MarketWatch, The Wrap, TechCrunch, Gizmodo, @maggienyt, @froomkin, Mediaite, The US Sun, Breitbart, Vox, Noahpinion, New York Post, CNET, Los Angeles Times, Deadline, CNBC, Al Jazeera, Rolling Stone, @fredbenenson, Newser, @drewharwell, Media Matters for America, ScreenRant, @alexplitsas, @tcarmody, @palafo, The Verge, @frankluntz, @sykescharlie, @obrien, Variety, MediaPost, Defending Privacy and Reuters, more at Techmeme »
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 $45.5 billion — Twitter has accepted Elon Musk's offer to purchase the company for $45.5 billion …
Discussion:
New York Times, @mattyglesias, Insider, Washington Post, BBC, The Atlantic, Protocol, One Man & His Blog, Substack, The Dossier, @bridgetmarie, @business, @thebrianpark, @liquidhbox, @johniadarola, The Comeback, @lesliemac, New Jersey Online, Today in Tabs, Hmm That's Interesting and Common Dreams, more at Techmeme »
Alex Sherman / CNBC:
Sources: rival strategies for CNN+, combined with unexpected events like Jeff Zucker's resignation and the Discovery merger, fueled the service's rapid demise — Chris Licht wasn't supposed to start his new job as CNN's chief until May. — But on Thursday he found himself addressing …
Discussion:
New York Times, @sherman4949, @esotericcd, New York Post, What's New in Publishing, FTVLive, @margarita, @gabrielroth, @lindsaygoldwert, @mccarthyryanj, @jaspar, @dangillmor, @realityblurred, @vivian, @pilhofer, @brianbrackeen, @sherman4949, @bgrueskin, @ggreenwald, @niemanlab, @niemanlab, @cnbci, @_richardhall, @jonlemire, @thrasherxy, @kromandavid, @nytimes and @teflongeek
Helen Davidson / The Guardian:
Hong Kong's Foreign Correspondents' Club scraps the Human Rights Press Awards days before its plan to announce the winners, citing national security law fears — Foreign Correspondent's Club's decision sparks outrage from journalists and resignations from press freedom committee
Discussion:
Reuters, @hkliberty_team, @suzannenossel, Financial Times, @danstrumpf and Financial Times
Charlotte Tobitt / Press Gazette:
Journalists from The Guardian, FT, and Daily Mirror were excluded from the UK Home Secretary's trip to Rwanda, where she signed a controversial immigration deal — Journalists from the Guardian, Financial Times and Mirror were allegedly blocked from joining Home Secretary Priti Patel's trip to Rwanda this month.
Tim Peterson / Digiday:
Roku partners with Analytic Partners, Ipsos, IRI, and Nielsen to provide more ad data for marketing mix modeling and help it better compete with traditional TV — To catalyze the shift of TV ad dollars to streaming will require not only proof of streaming's performance but evidence of what makes it perform.
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.
Discussion:
@baekdal, @michellemanafy, @carnage4life, @techwontsaveus, @bigmeaninternet, @tcarmody, @lucas_shaw, @lucas_shaw, @gergelyorosz, CNBC and Protocol
Todd Spangler / Variety:
Toni Reid joins YouTube as VP of product management to oversee Shorts, Gaming, livestreaming, and community products, after 24 years at Amazon — Toni Reid, after 24 years at Amazon, is joining YouTube as VP of product management to lead the video platform's Emerging Experiences and Community team.
Discussion:
AdExchanger and Tubefilter
Robin Wigglesworth / Financial Times:
Analysis: Bloomberg Terminal had a 32.5% share of the financial data and analysis industry in 2021, with revenue up 5.2% to $11.6B; Refinitiv had a 19.7% share — MS-DOS for finance nerds refuses to die. — Like vampires, Freddy Krueger and goldbugs posting dual axis charts of US M2 overlaid …
Discussion:
@biancoresearch, @fletcherr, @jdmayger, @readdanwrite and @adamsinger
Benjamin Mullin / New York Times:
Kevin Hart's media company HartBeat, which has deals with Peacock and Netflix, raises $100M from PE firm Abry Partners, sources say at a $650M valuation — The deal with Abry Partners is the latest example of private equity's pushing into Hollywood to cash in on the demand for streaming shows.
Discussion:
The Wrap, Variety, Deadline, @benmullin and The Hollywood Reporter
Kyle Paoletta / The Nation:
A look at The New York Times Book Review as it tries to uphold its long tradition of being “a political Switzerland” in the social media age — What does the future hold for one of United States' oldest literary institutions? — For more than a century, The New York Times Book Review …
Discussion:
@thenation, @sam_sacks, @tunkuv, @ks1729, bookforum.com and The Washington Review of Books
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