Uh, permission to treat the witness as hostile? The cross examination of Amber Heard finally began on Monday afternoon, and it started off SO combative!
28.04.2022 - 15:23 / variety.com
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.
Net income came in at $513 million, representing and diluted earnings per share of 61 cents.Twitter boosted daily average monetizable daily active usage — its proprietary metric it calls “mDAU” — to 229.0 million for Q1, up 16% versus Q1 in the prior year and a sequential net gain of 14.3 million. Average US mDAU was 39.6 million for Q1, up 6.4% compared to Q1 of the prior year.
Wall Street on average expected Twitter to report $1.22 billion in revenue and earnings of 3 cents per share, according to Refinitiv. Analysts were looking for 226.9 million monetizable DAUs in Q1, per StreetAccount.Click here to sign up for Variety’s free Strictly Business newsletter covering earnings, financial news, and more.After agreeing to the Musk deal on Monday, Twitter canceled its previously scheduled Q1 earnings call.“Given the pending acquisition of Twitter by Elon Musk, we will not be providing any forward looking guidance, and are withdrawing all previously provided goals and outlook,” the company said Thursday.Twitter’s stock closed at $48.64/share Wednesday — 10% below the $54.20/share buyout price offered by Musk.
That gap indicates some investor belief that Musk’s deal for Twitter could potentially be blocked by regulators or otherwise fail to be consummated. The terms of the agreement include a $1 billion breakup fee
.Uh, permission to treat the witness as hostile? The cross examination of Amber Heard finally began on Monday afternoon, and it started off SO combative!
testified earlier in the trial that Heard hasn’t made a payment since 2019. Heard said her ex-boyfriend Elon Musk made $500,000 dollar donations to both charities in her “honor,” but they “don’t count” toward her $3.5 million pledge.Vasquez asserted Heard had Musk make the two large donations so she could keep a portion of the divorce settlement to which Heard responded, “You’re very wrong about that.”Earlier in the day, Heard testified that she and Depp agreed to write a joint statement regarding their divorce. Heard said the main outcome she wanted was her “safety” and to move on with her life.
Naman Ramachandran The Twitter deal is temporarily on hold, billionaire Elon Musk posted on Friday.“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk posted on Twitter.Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn— Elon Musk (@elonmusk) May 13, 2022In the tweet, Musk provided a link to a May 2 Reuters article quoting Twitter’s filing on Monday. “Twitter Inc estimated in a filing on Monday that false or spam accounts represented fewer than 5% of its monetizable daily active users during the first quarter,” the Reuters piece said.Musk has been vocal about cleaning the platform of spam bots.
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 2022 Met Gala raised a record $17.4 million, museum officials said Tuesday. The annual fundraising gala was held on the first Monday in May in New York City this year, as is tradition.This is the first time it has been held on its regularly scheduled date after nearly two years of a pandemic hiatus. This year's theme was "In America: An Anthology of Fashion," the second installment of a two-part series paying homage to American stylists and designers.The approximately 400 celebrities and personalities in attendance were asked to abide by the "gilded glamour" dress code. Kylie Jenner, Kris Jenner, Khloé Kardashian and Kim Kardashian attend The 2022 Met Gala. (Kevin Mazur Getty Images for The Met Museum/Vogue) Most recognizable attendees included Elon Musk, Hillary Clinton, the Kardashian-Jenner family and Ryan Reynolds and Blake Lively, who served as hosting co-chairs. The first installment of the Met Gala — "In America: A Lexicon of Fashion" — was held in September 2021.The galas brought in approximately $33.7 million, according to the museum.
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.
As witnesses continue to take the stand or testify via video in the ongoing Johnny Depp-Amber Heard defamation trial, it was recently revealed that two celebrities — James Franco and Elon Musk — will no longer be testifying in the case. The witness list for the trial, which is expected to last six weeks, originally included Musk and Franco. However, Musk's lawyer confirmed to Fox News Digital that the Tesla CEO would not take the stand.
Elon Musk is thought to have donated half a million dollars to the American Civil Liberties Union in Amber Heard's name. On Wednesday, amid Johnny Depp's ongoing defamation trial against Heard, Terence Dougherty, the Chief Operating Officer and General Counsel of the ACLU, testified about what donations the organization has received from and on behalf of the former couple.
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.
Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion, the company said.
Billionaire provocateur Elon Musk has sealed his acquisition of Twitter, leaving a major social media platform in the hands of the impulsive head of two other companies, SpaceX and Tesla.