I'm Carl Kintanilla. You're listening to CNBC's Tech Check. Our show is live weekdays at 11 a.m. Eastern. Listen in. Good Monday morning. Welcome to Tech Check. I'm Carl Kintania with John Fortin, Dear Drobosa. Today, Elon Musk wants to practice social distancing. Looking to back out of the Twitter deal, we have a lot more on the entire social media landscape. Plus, firms like Andresen Horowitz normally invest in private markets, but as valuations

plummet, they're scooping up a few beaten down tech stocks.

We're to highlight some of those.

And then why crypto will rise again.

That's the title of one guest's op-ed.

We'll discuss why he says the bus tells us precisely nothing, John, about crypto's future.

Yeah, we're going to start, though, with Elon Musk looking to back out of this deal for Twitter,

setting up a legal fight in Delaware courts.

He's not the only one separating himself from a social media company recently.

Charles Sarenberg, remember, preparing to leave meta, Ben Silberman, stepping back as CEO of Pinterest,

and, of course, Jack Dor, leaving the Twitter board entirely focusing instead on crypto

and Block, formerly Square.

Our Julia Borsden is here.

Julia, it's not just the Musk drama, whether it's ad targeting, content moderation,

e-commerce attribution, so much of the social media business is in question.

That's right, John.

And I would say that each of those social media platforms that you just ran through, they are in very different situations right now, but they are all in a moment of transition.

I mean, just to go with the smallest one first, which is Pinterest, they're in a moment of transition of trying to figure out how to make money from commerce.

And that's the big opportunity there.

Then, of course, meta, shifting to focus on the metaverse, managing all of these Apple

operating system changes that make it harder for them to target ads, which is something

they've been grappling with. And all of that while also

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