Twitter is prohibiting advertisers from running ads that “contradict the scientific consensus on climate change,” the company announced on April 22. The clampdown on such ads aligns with the company’s policy on inappropriate content, which bans ads using misleading content, two Twitter officials said in a blog post. “We believe that climate denialism shouldn’t be…
Twitter Bans Ads That ‘Contradict the Scientific Consensus on Climate Change’
Elon Musk Rebuffs Bill Gates’s Climate ‘Philanthropy’ Request in Scathing Text
Elon Musk has said he confronted fellow billionaire Bill Gates over the Microsoft founder’s supposed holding of roughly $500 million in Tesla shorts in a series of testy text messages in which Musk rebuffed Gates’s request to discuss climate change philanthropy. In an April 22 Twitter post, Musk confirmed the veracity of a text message…
Elon Musk Rebuffs Bill Gates’ Climate ‘Philanthropy’ Request in Scathing Text
Elon Musk said he had confronted fellow billionaire Bill Gates over the Microsoft founder’s supposed holding of some $500 million in Tesla shorts in a series of testy text messages in which Musk rebuffed Gates’ request to discuss climate change philanthropy. In an April 22 tweet, Musk confirmed the veracity of a text message exchange…
Analysis: Musk Tears Up Buyout Playbook With $46.5 Billion Twitter Financing
It is the biggest acquisition financing ever put forward for one person. Elon Musk is doing it his way. More than two-thirds of the $46.5 billion financing package that Musk unveiled on Thursday in support of his bid for Twitter Inc. would come from his assets, with the remainder coming from bank loans secured against…
‘Embarrassing:’ Elon Musk Reacts to Tesla Being Pitted Against Rivian on Operating Expenses
Tesla Inc. CEO Elon Musk on Wednesday said the electric vehicle company’s operating expense is “embarrassingly high.” What Happened The billionaire entrepreneur was reacting to a Twitter post that compared Tesla’s first-quarter operating expenses with that of Rivian Automotive Inc.’s from its fourth quarter. Q1 2022 Operating Expenses @elonmusk Tesla — $1.9 billion Rivian — $2.1 billion — Whole Mars…
Elon Musk Creates 3 Holding Companies in Effort to Buy Twitter
Elon Musk, CEO of Tesla and SpaceX, has created three Delaware-based holding companies in his recent bid to acquire Twitter, raising the possibility of a broader umbrella company for the investor’s numerous business interests. These holding companies, named “X Holdings I,” “X Holdings II,” and “X Holdings III,” were filed with the Securities and Exchange…
Twitter Buoyed by Elon Musk’s Acquisition Plans: Here’s What Lies Ahead for the Stock
Twitter Inc. spiked up over 5 percent higher at one point on Friday and was holding stronger intraday than the general markets, with the S&P 500 plunging almost 2 percent. The stock’s comparative strength is likely due to Tesla Inc. CEO Elon Musk’s tender offer to acquire Twitter for $46.5 billion, which was revealed through…
House Republicans Tell Twitter’s Board to Preserve All Records About Musk’s Bid to Buy Company
All Republicans on the House Judiciary Committee on April 22 ordered Twitter board members to preserve all records regarding Elon Musk’s effort to buy the technology company. “As Congress continues to examine Big Tech and how to best protect Americans’ free speech rights, this letter serves as a formal request that you preserve all records…
Twitter Needs ‘White Knight’ Investor to Thwart Elon Musk Buyout: Tech Analyst
One of the few ways in which Twitter can avoid Elon Musk taking over the company is to find a friendly investor or a “white knight,” according to tech analyst, Dan Ives. Ives, an analyst at investment firm Wedbush, told Fortune that a white knight—a financial term used to describe a friendly investor that sweeps in when a company is on the…
Elon Musk’s SpaceX Fast Response to a Russian Attack Recognized as ‘Eye-Watering’ by US Military Official
April 22, 2022
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SpaceX reacted to a Russian attack against its infrastructure with such speed and efficacy that a U.S military official described it as an “eye-watering” accomplishment. What Happened As Benzinga reported in late March, SpaceX’s Starlink communications drones are being leveraged by Ukraine’s military to control drones and strike against Russian invaders from afar. When the…
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