Tag: Twitter

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…


Live at 5 PM ET: Twitter Does Not Believe in Free Speech; Bezos Blasts Biden on Inflation?

A new undercover Project Veritas recording reveals a Twitter engineer saying the platform censors the right: “Twitter Does Not Believe in Free Speech.” A senior engineer admitted to an undercover reporter: “Elon believes in free speech. … He’s a capitalist and we weren’t really operating like capitalists, more like very socialist, like we’re all like…


Larry Elder LIVE: Twitter Does Not Believe in Free Speech; Bezos Blasts Biden on Inflation?

A new undercover Project Veritas recording reveals a Twitter engineer saying the platform censors the right: “Twitter Does Not Believe in Free Speech.” A senior engineer admitted to an undercover reporter: “Elon believes in free speech. … He’s a capitalist and we weren’t really operating like capitalists, more like very socialist, like we’re all like…


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…


Facts Matter (May 17): Undercover Video Shows Senior Twitter Engineer Admit That Platform ‘Doesn’t Believe in Free Speech’

A couple of days ago, Elon Musk issued a warning, stating that Twitter users were being manipulated by the company’s algorithm. However, he made a point of saying that it wasn’t necessarily malice in the algorithm, but rather, that because of the way that it’s designed, it inadvertently manipulates people. But is that really the case?…


Facts Matter (May 17): Secret Twitter Video Reveals “Communist” Company Culture, Censorship of Conservatives

A couple of days ago, Elon Musk issued a warning, stating that Twitter users were being manipulated by the company’s algorithm. However, he made a point of saying that it wasn’t necessarily malice in the algorithm, but rather, that because of the way that it’s designed, it inadvertently manipulates people. But is that really the case?…


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%….


Shanghai Sold No Cars in April; Former Goldman CEO: Prepare for Recession | NTD Business

Car sales in Shanghai last month fell 100 percent. Zero cars were sold. China’s economic woes are fueling concerns of a global recession. Where do you put your money, during this time of financial chaos, when there doesn’t seem to be any safe haven? We ask experts for their advice. McDonald’s exiting Russia after three…


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…


Twitter Has Lost All of Its Stock Gains Since Elon Musk Disclosed Stake

Since Elon Musk purchased a significant share in Twitter several weeks ago, the company has given up all its gains. Last month, Musk disclosed that he bought a 9 percent stake in the social media platform. But as of Monday afternoon, shares of Twitter dropped another 6 percent, sending its price down to $38.25—the lowest…