Tesla CEO Elon Musk has stepped up his criticism of the Democratic Party, labeling it the party of “division” and “hate” in a recent tweet. He also said that he would vote Republican. “In the past I voted Democrat, because they were (mostly) the kindness party,” the billionaire wrote on Twitter on Wednesday. “But they…
Elon Musk Rips the Democratic Party, Calls It the Party of ‘Division & Hate’
May 18, 2022
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New SEC Filing Reveals Details of Musk’s Twitter Negotiations
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…
Elon Musk: Twitter Deal ‘Cannot Move Forward’ Until Bot Data Clarified
Twitter shares tumbled again after Elon Musk said that his $44 billion purchase of the social media platform “cannot move forward” until there is more clarity on the website’s spam bots. “My offer was based on Twitter’s SEC filings being accurate,” Musk wrote on Twitter Tuesday. “Yesterday, Twitter’s CEO publicly refused to show proof of <5%….
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…
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…
US Court Relieves Google From DOJ Allegations
Alphabet Inc.’s Google dodged court sanctions after the Justice Department reprimanded it for hiding documents from government lawyers, Bloomberg reports. The U.S. government argued that Google used “silent attorney” emails to avoid disclosing records in litigation. Google allegedly exploited the legal privilege to protect sensitive internal communications. The DOJ wanted Google to turn over internal emails that it had…
Jeff Bezos Attacks the Biden Administration on Inflation, ‘Misdirection’
May 15, 2022
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Jeff Bezos, the founder of Amazon, ramped up his criticism of President Joe Biden on May 15, stating that the “misdirection” coming from the White House is not helping the country. Bezos, like many economists, slammed the administration’s attempts to stoke an already overheated economy with further stimulus. He said inflation mostly harms the poor….
Jeff Bezos Criticizes Biden Administration on Inflation, ‘Misdirection’
May 15, 2022
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bidenBusiness & EconomyCompanieseconomic policieseconomyExecutive BranchinflationJeff BezosMedia & Big TechPolicies & ImpactsPoliticsUS
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Jeff Bezos, founder of Amazon, ramped up his criticism of President Joe Biden on May 15, saying that the “misdirection” coming from the White House isn’t helping the country. Bezos, like many economists, criticized the administration’s attempts to stoke an already overheated economy with further stimulus. He said inflation mostly harms the poor. “In fact,…
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