CNN’s new morning show CNN This Morning launched on Tuesday with a news heavy three-hours that nevertheless played up an essential element of rival shows: Conversation and chemistry.
14.10.2022 - 06:17 / deadline.com
Elon Musk is under federal investigation in connection with his long-aborning deal to buy Twitter, according to multiple credible reports which cite a legal filing today by the social media company. There were no specifics in the document beyond the indication that authorities are probing Musk’s “conduct” in relation to the deal which, to say the least, has been unusual.
After much legal arm twisting, Musk agreed earlier this month to buy Twitter for $44 billion. That’s the price he signed his name to back in April, pending financing. In the interim, the richest man in the world has complained about the proportion of the platform’s accounts comprised by bots, placed the deal on hold then two hours later said he was “still committed” to the purchase, claimed Twitter did not provide him with necessary information on spam, was sued by shareholders in a class action and was sued by Twitter itself after he sought to terminate the deal in July.
That last lawsuit was due to start in Delaware Chancery Court this October on an expedited timeline. The judge overseeing the case agreed to stay the trial, giving Musk until 5pm on October 28 to close the deal. Otherwise, she will set another trial date for next month.
Alex Spiro, Musk’s attorney, told CNN that Twitter’s filing it was a tactic to distract from the platform’s own legal problems. The company’s former head of security, Peiter “Mudge” Zatko, has accused it of ignoring security vulnerabilities.
“Twitter’s executives are under federal investigation,” Spiro said to CNN. “This misdirection was sent by Twitter to try and uncover which of their assorted misconduct they are under investigation for.”
CNN’s new morning show CNN This Morning launched on Tuesday with a news heavy three-hours that nevertheless played up an essential element of rival shows: Conversation and chemistry.
Elon Musk appropriately documented his arrival Wednesday at Twitter headquarters on the social media platform, two days before a Friday deadline imposed by a judge for Musk to acquire the tech giant.
Elon Musk told prospective investors in Twitter that he planned to eliminate about 75% of the social media platform’s 7,500-strong workforce.
Kanye West made some very disturbing comments about Joe Biden during an interview with Piers Morgan on Wednesday.
Elon Musk gave a strong indication today that his purchase of Twitter is indeed on track in a reference to the tortured deal, not via tweet, but towards the tail end of an earnings’ call for Tesla. He said the social media platform he’s looking to acquire by a court-imposed Oct. 28 deadline is currently overvalued, but “has incredible potential.”
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An investigation has been launched after a protest erupted into violence outside the Chinese Consulate in Manchester on Sunday afternoon (October 16). Police were called to the incident, which involved pro-democracy Hong Kong protestors, outside the Consulate General of the People's Republic of China in Rusholme.
Todd Spangler NY Digital Editor There’s a new wrinkle in the six-month-plus saga of Elon Musk’s mercurial attempt to buy Twitter. The multibillionaire is being investigated by federal authorities over his “conduct” in connection with his proposed Twitter acquisition, according to a letter from the company’s lawyers filed with the Delaware Chancery Court. The letter was filed Oct. 6 and released publicly Thursday. Twitter sued Musk in the Delaware court, demanding that he fork over the $44 billion he had agreed to under the binding pact reached in April. Twitter asserted that Musk’s legal team “exchanged substantive correspondence” with federal authorities — and that despite Twitter requesting copies of those documents “months ago” they had still not materialized. Twitter filed a motion seeking to have the court order Musk to produce the documents. Its letter cited drafts of a May 13 email to the SEC and a slide presentation to the FTC that Musk’s attorneys had identified as privileged documents.
Putative Twitter purchaser Elon Musk has begun hawking a perfume called Burnt Hair via his tunneling firm The Boring Company, and has encouraged folks to pony up so he can acquire the social media platform.
Todd Spangler NY Digital Editor Roku launched the Roku Channel in Mexico — the free streaming service’s first expansion beyond the U.S., Canada and U.K. In Mexico, the Roku Channel is available starting Thursday (Oct. 13), offering access to thousands of free, ad-supported movies and TV episodes. The lineup includes exclusive access to more than 30 Roku original series, including thriller “Operación Marea Negra,” crime drama “Natural Born Narco” and nature docu-series “Mamas,” narrated in Spanish by Zoë Saldaña. Titles available at launch include “Los Pitufos en la aldea perdida,” “Blade Runner 2049,” “El Sorprendente Hombre Araña 2,” “Psicópata Americano,” “Draft Day,” “El Patriota” “El lado luminoso de la vida,” “Lluvia de hamburguesas 2,” “Hombres de negro II,” and “Whip It.”
The contours of the upcoming November midterms seem clear. President Joe Biden scarcely polls above 40% approval.
Elon Musk, who is poised to take control of Twitter, has raised a new round of questions about how the climate of social media could change with his revelation that he reached out to Kanye West after the rapper’s anti-Semitic tweets.
Elsa Keslassy International Correspondent Federation Studios, the outfit behind the international Emmy award-nominated documentary “Nadia,” is set to co-produce “Patrick Vieira – Off the Bench,” a social-impact documentary shedding light on racism in the world of soccer and beyond. Federation Studios, whose documentary unit is headed by veteran journalist Myriam Weil, is partnering up with SlugNews, an award-winning production outfit, to develop and produce “Patrick Vieira – Off the Bench.” The documentary feature will soon start shooting in the U.K. and France. Vieira, the current coach of Crystal Palace, the English Premier League club, has been a pillar for the biggest European clubs, from Arsenal to Juventus, Inter Milan and Manchester City. He’s also been a member and captain of the French national team which won the 1998 World Cup and the 2000 European Championship.
A couple who discovered 260 gold coins while renovating their kitchen have sold the collection for an incredible £745,000 at auction. The money was found stashed in a pot underneath the 18th century floorboards at the pair's Ellerby home in 2019, with the coins dating back from 1610 to 1727.
Todd Spangler NY Digital Editor UDPATED: A Delaware judge granted mega-billionaire Elon Musk’s motion to halt Twitter’s upcoming trial — seeking to compel him to pay what he promised for the company — until Oct. 28 in order to allow the parties to close on the $44 billion deal. Musk, after trying for three months to exit his deal to buy Twitter, in the last few days has grown frustrated that Twitter wasn’t calling off its lawsuit. Lawyers representing Musk, in a filing Thursday with the Delaware Court of Chancery, requested that the trial, slated to commence Oct. 17, be suspended while he works out a deal to finalize the required debt financing to swing the acquisition. Musk expects that to happen by Oct. 28, per the court filing.
sent a letter suggesting they close the deal at the agreed-upon price of $54.20 per share. Twitter ostensibly accepted those terms – but for reasons that aren’t yet clear is dragging its feet on vacating the lawsuit to enforce them.“Astonishingly, they have insisted on proceeding with this litigation, recklessly putting the deal at risk and gambling with their stockholders’ interests,” according to Musk’s filing.Filed in a chancery court in Delaware, the suit seeks to enforce the contract sale that Musk tried to back out of over his concerns about the number of spam accounts among Twitter’s nearly 400 million users.To recap: When Musk first expressed interest in buying Twitter, leadership flew into a panic and introduced a poison pill provision to stop him.
Elon Musk’s attorneys formally asked a judge to stay the trial set to start Oct. 17 after the Telsa CEO earlier this week agreed again to buy Twitter for the original deal price of $44 billion.
90 Day Fiancé: Happily Ever After? hasn’t been easy for Jovi and Yara Dufren as the couple faces issues both at home and abroad. Beyond the war happening in Ukraine impacting Yara's family, Jovi and Yara are at odds about her new friend group, which Jovi feels is a bad influence on her (a bit ironic given his past issues with strippers).
Todd Spangler NY Digital Editor Trading in shares of Twitter was halted Tuesday following a report that Elon Musk has proposed to complete the $44 billion deal to buy the social network at the original agreed-on terms. Musk made the proposal in a letter to Twitter, offering to close the deal at the $54.20 per share price, Bloomberg reported, citing anonymous sources. There’s been no official comment from Musk or Twitter yet. If Musk has in fact come back to his original buyout price, it indicates that he has concluded that he would likely lose his legal fight with Twitter in trying to back out of the deal.
Shares of Twitter are up 13% Tuesday as investors took heart that Elon Musk will move ahead with his tortured acquisition of the social media platform. The billionaire Tesla founder has proposed going forward with the deal for its original pricetag of $54.20 a share, or $44 billion. according to a Bloomberg report.