A new filing released by the Securities and Exchange Commission on May 17 revealed further details of Elon Musk’s $44 billion deal to take Twitter private, giving the public a more complete picture of the negotiations leading up to the acquisition. The filing, submitted by Twitter Inc., describes a series of close negotiations between Musk and Twitter…
Audit Reveals Half of Biden’s Twitter Followers Are Fake as Musk Pauses Purchase: Newsweek
May 18, 2022
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Business & EconomyCompaniesElon Musk TwitterMedia & Big TechSocial Mediaspam botsTechTech NewsUS President Joe Biden
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Nearly half of President Joe Biden’s followers on Twitter, which number about 22.2 million, are fake accounts, according to an audit conducted by Newsweek. Using an audit tool provided by software firm SparkToro, Newsweek discovered 49.3 percent of all Biden followers to be “fake followers.” The analysis took into consideration multiple factors such as new…
Twitter Wants to Close Deal ‘Promptly’ and on ‘Agreed Price,’ While Musk Calls on SEC to Confirm Bot Numbers
May 18, 2022
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Business & EconomyCompaniesElon Musk TwitterMedia & Big TechParag AgrawalSocial Mediaspam botsTechTech NewsTwitter Buy OutUSUS News
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Twitter announced Tuesday that it was filing a preliminary proxy statement with the U.S. Securities and Exchange Commission (SEC) in order to complete the Elon Musk buyout “on the agreed price,” and as “promptly as practicable.” Twitter wants the $54.20 per share in cash deal with Musk to go through, while the billionaire is hesitant…
Here’s What to Watch on Twitter Stock as Elon Musk’s Stake Goes Red
Twitter, Inc. was spiking up over 3 percent on Tuesday after falling almost 28 percent beginning on May 5 to reach a $36.85 low, putting Tesla, Inc. CEO Elon Musk in the red on the 9.2 percent stake he took in the social media app on March 14. The majority of the recent decline was…
Elon Musk Says He’s Voting Republican in Upcoming Elections
May 17, 2022
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2022 Midterm Elections2024 electionelectionElon MuskElon Musk TwitterPoliticsRepublicansSocial MediaTechUSUS News
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The world’s richest man Elon Musk said on Monday he will be voting for Republicans in upcoming elections. Musk did not elaborate whether he was referring to the upcoming November midterms or the 2024 U.S. presidential election. The Tesla CEO told a Miami tech conference that he will be voting for Republicans despite classifying himself…
Elon Musk Says He’s Voting Republican in Upcoming Elections After History of ‘Overwhelmingly’ Voting for Democrats
May 17, 2022
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2022 Midterm Elections2024 electionelectionElon MuskElon Musk TwitterPoliticsRepublicansSocial MediaTechUSUS News
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The world’s richest man Elon Musk said on Monday he will be voting for Republicans in upcoming elections. Musk did not elaborate whether he was referring to the upcoming November midterms or the 2024 U.S. presidential election. The Tesla CEO told a Miami tech conference that he will be voting for Republicans despite classifying himself…
Elon Musk Provides Update on Twitter Deal: ‘Not Out of the Question’
Elon Musk on Monday provided an update on whether he will still purchase Twitter, coming three days after he questioned the number of bot accounts on the social media platform. While speaking at the “All In” summit, Musk said that a deal for Twitter is “not out of the question” but he suggested it be at…
Elon Musk Look-Alike Banned From Chinese Social Media for Online Interaction with the American Billionaire
A Chinese man has gone viral on social media for his facial resemblance to Elon Musk, Tesla and SpaceX CEO. But his Chinese social media account was recently banned by the Chinese authorities. Dubbed Yilong Ma on social media, Musk’s doppelgänger in China caught the attention of the American billionaire in December 2021, when a…
Trump Says There’s ‘No Way’ Musk Will Buy Twitter Owing to Large Number of ‘Bots or Spam Accounts’
May 16, 2022
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Business & EconomyCompaniesDonald TrumpElon MuskMedia & Big TechSocial MediaTechTrumpTwitterUSUS News
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Former President Donald Trump on Saturday said there is “no way” that Elon Musk will buy Twitter at “such a ridiculous price” while pointing to the number of fake accounts and bots on the social media platform. Trump took to his own social media platform, Truth Social, to make the comments shortly after billionaire tech mogul Musk…
Elon Musk Issues Warning on Twitter Algorithm as Company’s Legal Team Reaches Out
Elon Musk warned Twitter users that they are “being manipulated” and told them to turn off the platform’s algorithmic newsfeed, coming as the firm’s legal department apparently said he committed a violation of a non-disclosure agreement. “You are being manipulated by the algorithm in ways you do not realize … Easy to switch back and forth to…
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