Twitter CEO Parag Agrawal has cut loose two top executives and announced a hiring freeze ahead of the company’s acquisition by Elon Musk, whose share purchases are reportedly being investigated by the SEC.
26.04.2022 - 16:59 / nypost.com
Elon Musk’s divisive $44 billion dollar Twitter takeover has sparked threats of exodus by a pearl-clutching segment of Twitter users, who claim that the social media platform will become a cesspool of hate with the Tesla boss at the helm. The hashtags “#RIPTwitter” and “DeleteTwitter” were trending Monday — but so far there’s no proof self-proclaimed progressives are following through.
“Since Elon Musk is buying Twitter, we need a new social media site to go to that won’t sell out to right-wing nut jobs. Any suggestions?” proclaimed one alleged Twitter quitter — who was still actively posting for their 41,000 followers Monday morning.The online backlash comes after Twitter’s board of directors announced that it accepted Tesla CEO Elon Musk’s massive offer to buy and privatize the company.
Musk, who will pay $54.20 per share for the firm, has long stated that he wanted to acquire Twitter in order to restore the platform’s status as a haven for free speech. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement.
“I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”However, many social media watchdogs barked at the seemingly benign acquisition as if it were a hostile takeover that would somehow drag online discourse back to the dark ages.“I still think Elon Musk owning Twitter is a bad idea.
Twitter CEO Parag Agrawal has cut loose two top executives and announced a hiring freeze ahead of the company’s acquisition by Elon Musk, whose share purchases are reportedly being investigated by the SEC.
Meek Mill has asked “big homie” Elon Musk to let him get in on his recent Twitter investment.The Tesla founder and entrepreneur successfully acquired the social media platform last month (April 25) for approximately $44billion (£34.5b).His offer was initially turned down by Twitter, which put a “poison pill” measure in place to stop a takeover attempt by Musk. However, the two parties later entered talks before the deal entered its final stages of negotiations.Mill has now publicly tweeted Musk and asked him directly if there’s any room for him to get in on the deal.“Elon musk let us invest in Twitter with you ‘big homie,’” Mill wrote, as you can see below.
Todd Spangler NY Digital EditorDevin Nunes, the former congressman who is now CEO of Donald Trump’s social-media rival to Twitter, claimed that his new boss “encouraged” tech mogul Elon Musk to acquire Twitter, to “take on these tech tyrants.”Musk says that’s false.“I’ve had no communication, directly or indirectly, with Trump, who has publicly stated that he will be exclusively on Truth Social,” Musk tweeted Friday, replying to a New York Post article about Nunes’ claims.In an appearance Wednesday on Fox Business Network’s “Varney & Co,” Nunes said, “President Trump, basically before Elon Musk bought it, actually said to go and buy it because the goal of our company is really to build a community where people are in a family-friendly, safe environment.” Nunes added, “we encouraged Elon Musk to buy” Twitter, because “someone has to take on these tech tyrants… Donald Trump wanted to make sure that the American people got their voice back and that the internet was open and that’s what we are doing.” Nunes, who is CEO of Trump Media & Technology Group, once sued Twitter, seeking $250 million in damages, alleging in part he was defamed by anonymous parody accounts “Devin Nunes’ Mom” and “Devin Nunes’ Cow.” A judge threw out the case.Musk has said he’s primarily interested in protecting “free speech” on Twitter, and he has criticized the company for allegedly having a left-leaning political bias. That stance has led right-wingers — who have long alleged Twitter (and other internet platforms) somehow stifle conservative viewpoints — to champion Musk’s $44 billion bid for Twitter.Twitter permanently banned Trump shortly after the Jan.
The method behind the mega-purchase. Elon Musk made headlines around the world when he bought Twitter — and now he’s explaining why he did it.
Elon Musk brought a very special lady to this year's Met Gala — his mom, Maye Musk, and the pair seemed to have a great time at the star-studded celebration of fashion.This year's Met Gala accompanies the second part of the Costume Institute's exhibition, «In America: An Anthology of Fashion,» with the controversial theme «Gilded Glamour and White Tie.» The concept is a homage to the United States' Gilded Age, an era of immense economic growth and major industrialization, as well as massive income inequality, political upheaval, and post-Civil War racism.Musk himself has been at the center of some controversy recently and has faced criticism for his $44 billion purchase of Twitter, with critics chastising him for not spending that money on philanthropic efforts.Speaking with ET's Rachel Smith on the carpet the the Metropolitan Museum of Art in New York City on Monday, Musk defended the acquisition, arguing, «I do a lot of things philanthropically.»«Really, my companies are intended to do good for the future of humanity,» he continued. «With Tesla trying to accelerate the advances in sustainable transport and energy and SpaceX is um providing internet to the lesser [served] people of the world.»«We are able to help Ukraine with the Starlink terminals and give connectivity, particularly in some of the hardest hit areas,» Musk added.
Grimes called out Twitter’s “issues with public mental health” just days after her on-and-off again boyfriend Elon Musk announced he’d reached a deal to purchase the social media platform for $44bn. Canadian singer Grimes speaks with MIT podcast host Lex Fridman on his show, Lex Fridman Podcast.
Elon Musk, Tesla entrepreneur, SpaceX founder and world’s richest man, announced that he bought Twitter for $44billion to “unlock its potential” as a “free speech platform”. It’s been a busy year for Musk. As well as making headlines for his billionaire business investments, he’s welcomed a second baby daughter, Exa Dark Sideræll, with on-and-off girlfriend Grimes, has been called to testify in ex-girlfriend Amber Heard’s televised trial with her former husband Johnny Depp and has been with rumoured new girlfriend actress Natasha Bassett.
Todd Spangler NY Digital EditorTwitter, which this week accepted a deal to go private in a $44 billion sale to Elon Musk, reported income a touch lighter than Wall Street predicated in the first quarter of 2022. But the social network blew away forecasts on earnings and user growth.Q1 revenue was $1.20 billion, up 16% year-over-year, reflecting “headwinds associated with the war in Ukraine,” according to Twitter.
SpaceX-time continuum. Elon Musk’s $44 billion Twitter takeover wasn’t the first time he owned the platform.
Johnny Depp's explosive defamation trial rages on in a Virginia courtroom against his former wife Amber Heard. A series of bombshell allegations have come to light during the trial Johnny, 58, filed against Amber, 35, due to her penning a Washington Post op-ed about experiencing domestic violence. Amber did not name Johnny in the piece, but he launched a $50m libel lawsuit against the now-mum-of-one.
Tesla head’s divisive $44 billion takeover of Twitter Monday. Rogan heaped praise on the billionaire during a Tuesday episode of the “Joe Rogan Experience” with guest Jessica Kirston.“Oh s–t, oh s–t, Elon Musk just bought Twitter,” gushed the former “Fear Factor” host, who has received fierce backlash over his alleged anti-vaxxer comments, among other controversies.