Elon Musk reveals he is Twitter’s biggest shareholder, news that sends the stock up 25 percent. What are his plans? JPMorgan CEO Jamie Dimon reveals the loss the company is facing from the Russia-Ukraine war. What does he say is the biggest risk facing the U.S. economy? The Chinese Communist Party is taking babies away from…
Musk Is Now Twitter’s Largest Shareholder; Small Farmers Balancing Costs & Prices | NTD Business
Musk Takes Huge Stake in Twitter After Asking Fans What ‘Should Be Done’ About Free Speech on Platform
April 4, 2022
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Tesla CEO Elon Musk has taken a 9.2 percent stake in Twitter, according to a regulatory filing, becoming the social media giant’s biggest individual shareholder just weeks after questioning the platform’s attitude towards free speech. Musk bought 73.5 million shares of Twitter on March 14, according to a Securities and Exchange Commission (SEC) filing released…
Musk Takes 9.2 Percent Stake in Twitter After Questioning Its Commitment to Free Speech
April 4, 2022
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Business & EconomyCompanieseconomyElon Muskfree speechInvestmentMarketsMedia & Big TechPoliticsSocial MediaTechTech NewsTwitterUSUS News
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Tesla CEO Elon Musk has taken a 9.2 percent stake in Twitter, according to a regulatory filing, becoming the social media giant’s biggest individual shareholder just weeks after questioning the platform’s attitude towards free speech. Musk bought 73.5 million shares of Twitter on March 14, according to a Securities and Exchange Commission (SEC) filing released…
S&P, Nasdaq Edge Higher at Open as Twitter, China ADRs Surge
The S&P 500 and the Nasdaq opened higher on Monday as a jump in the shares of Twitter and U.S.–listed Chinese firms offset concerns about more sanctions against Russia over its invasion of Ukraine. The Dow Jones Industrial Average fell 18.3 points, or 0.05 percent, at the open to 34799.98. The S&P 500 rose 2.1…
Federal Pressure on Big Tech to Censor COVID-19 ‘Misinformation’ Violates Constitution: Lawsuit
The public government campaign to pressure Big Tech platforms such as Twitter to crack down on supposed misinformation violates the U.S. Constitution, according to a new lawsuit. U.S. Surgeon General Vivek Murthy has repeatedly pressed Twitter and other platforms to suppress COVID-19 misinformation, while White House press secretary Jen Psaki has said President Joe Biden thinks…
This Day in Market History: Jack Dorsey Sends the First Tweet
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On March 21, 2006, the Twitter Inc. social media platform was launched. Where the Market Was The Dow finished the day at 11,235.47. The S&P 500 finished at 1,297.23. What Else Was Going on in the World? In…
Satire Website’s Twitter Account Locked Over Calling Biological Male a Man
March 21, 2022
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A satire website saw its Twitter account locked because it posted its article describing a Biden administration health official as its “man of the year.” According to a notice sent to The Babylon Bee, the post violated Twitter’s rules against “hateful conduct.” The rules mean “you may not promote violence against, threaten, or harass other…
Here’s How Benchmark Views Twitter, Pinterest, Snap
Benchmark analyst Mark Zgutowicz initiated coverage of multiple social media stocks. Zgutowicz initiated coverage of Twitter Inc. with a Hold rating and no price target. He views Twitter as providing high utility to a niche user base. Still, he sees limited ability to scale beyond an otherwise event-driven branding platform and does not believe Twitter will ever achieve…
Editor-in-Chief of the National Pulse Suspended by Twitter for Violating Its ‘Hacked Materials’ Policy
The editor-in-chief of The National Pulse, Raheem Kassam, has been suspended by Twitter for violating its “hacked materials” policy after he shared internal emails from Fox News. Early Tuesday morning, the journalist posted a photo on Twitter of an internal email, allegedly from Fox News correspondent Gillian Turner’s inbox, regarding Ukraine President Volodymyr Zelenskyy’s “traceability.” The email…
Capitol Report (March 1): Biden Addresses Nation at Fraught Moment
March 1, 2022
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President Joe Biden is addressing the nation before Congress Tuesday night in his first State of the Union address, where he’ll discuss America’s role in the Ukraine war. And he will announce a new plan to tackle inflation and mental health—an area where he hopes to find common ground. With the world on edge as…
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