Category: Social Media

Musk’s Mention Highlights Twitter Counsel Baker’s Russiagate Past at FBI

April 27, 2022
Business & EconomyCompaniesElon MuskJames Bakerjohn durhamMedia & Big TechPoliticsSocial MediaTechUSUS News
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Former top FBI lawyer, James Baker, who now serves as Twitter’s deputy general counsel, has had a spotlight thrown on him after billionaire Elon Musk, who recently negotiated a deal to buy Twitter, responded to comments about Baker’s past actions during the FBI’s Russia investigation in 2016. On April 26, a day after Musk reportedly…

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FCC Commissioner Rejects Call to Block Elon Musk’s Twitter Takeover

April 27, 2022
Business & EconomyCompaniesElon MuskMedia & Big TechSocial MediaTechTwitterUSUS News
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Federal Communications Commission (FCC) Commissioner Brendan Carr on Wednesday rejected a call to block Elon Musk’s purchase of Twitter. Carr, in a statement, said the FCC “has no authority to block Elon Musk’s purchase of Twitter, and to suggest otherwise is absurd.” He added, “I welcome the full FCC making it clear that we will…

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Elon Musk Could Still Lose Twitter Deal If Higher Offer Is Made

April 27, 2022
Business & EconomyCompaniesElon MuskMedia & Big TechSocial MediaTechTwitterUSUS News
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Several new developments have been revealed after Twitter accepted Elon Musk’s $44 billion takeover proposal on April 25. According to a Securities and Exchange Commission (SEC) filing that shows the deal agreement, Musk agreed to pay a $1 billion termination fee if he abandons the acquisition. At the same time, the social media platform would be…

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Elon Musk Could Still Lose Twitter Deal if a Higher Offer Is Made

April 27, 2022
Business & EconomyCompaniesElon MuskMedia & Big TechSocial MediaTechTwitterUSUS News
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Several new developments have been revealed after Twitter accepted Elon Musk’s $44 billion takeover proposal Monday. According to a Securities and Exchange Commission (SEC) filing that shows the deal agreement, Musk agreed to pay a $1 billion termination fee if he abandons the acquisition. At the same time, the social media platform would also be required…

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Trump’s Truth Social Tops App Store Amid Musk’s Twitter Purchase

April 27, 2022
Donald TrumpElon MuskSocial MediaTechUSUS News
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Former President Donald Trump’s Truth Social topped the Apple App Store downloads list days after Elon Musk’s acquisition of Twitter. The Truth Social app rose to No. 1 on the app charts on Tuesday, coming amid speculation that Musk’s purchase of Twitter for $44 billion would imperil the Trump-backed platform. Musk himself posted about the…

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Trump’s Truth Social Tops App Store Downloads Amid Musk’s Twitter Purchase

April 27, 2022
Donald TrumpElon MuskSocial MediaTechUSUS News
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Former President Donald Trump’s Truth Social topped the Apple App Store downloads list days after Elon Musk’s acquisition of Twitter. The Truth Social app rose to No. 1 on the app charts on Tuesday, coming amid speculation that Musk’s purchase of Twitter for $44 billion would imperil the Trump-backed platform. Musk himself posted about the…

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Russian Court Orders Seizure of $7 Million in Google’s Russian Funds, Property: Reports

April 27, 2022
Business & EconomyCompanieseconomic policieseconomyEuropefund seizureGoogleInternationalMarketsRussiaRussia-Ukraine WarSocial MediaTechTech NewsWorld
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A Moscow court has ordered the seizure of 500 million roubles ($7 million) worth of Google’s property and funds in Russia, news agencies said, in a lawsuit concerning restrictions the U.S. tech firm has placed on the YouTube channel of a prominent television firm. Alphabet Inc.’s Google did not immediately respond to a request for…

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EU Says Its Rules Apply to All Online Platforms, ‘Mr Musk Knows This Well’

April 27, 2022
Business & EconomyCompanieseconomyElon MuskEU digital rulesEuropeSocial MediaTechTech NewsTwitterWorld
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AMSTERDAM—The European Commission said on Tuesday it was too early to comment on the deal Tesla Chief Executive Elon Musk has struck to buy social media site Twitter but recalled that the bloc’s digital services rules apply to all major platforms. “Our Digital Services Act applies to all major platforms, to ensure their power over…

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Twitter CEO Set to Receive $42 Million If Terminated After Musk Deal

April 27, 2022
Business & EconomyCompaniesElon MuskMedia & Big TechParag AgrawalSocial MediaTechTwitter
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Twitter Inc. CEO Parag Agrawal would get an estimated $42 million if he were terminated within 12 months of a change in control at the social media company, according to research firm Equilar. On Monday billionaire Elon Musk struck a deal to buy Twitter for $44 billion, ending its run as a public company since…

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Censorship No More? The Political Fallout of Elon Musk Buying Twitter

April 26, 2022
2022 electionBig Tech, Censorship, and SocialismBusiness & EconomyCompaniesDonald TrumpElon MuskFeatured TopicsMedia & Big TechPoliticsSocial MediaTechTwitterUSUS News
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Billionaire Elon Musk has been highly critical of Twitter’s restrictions on speech. With his purchase of the social media platform and his goal of creating an open and transparent environment, there has been some discussion about the impact this could have on U.S. elections moving forward. Elon Musk’s takeover of Twitter is a “huge deal,”…

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