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    👍 | Twitter Investors Deal a Big and Humiliating Bl…

    By Ellen Chang Twitter did not provide any details about the proposed takeover offer from billionaire Elon Musk at its annual shareholder meeting. Shareholders of Twitter ((TWTR) – Get Twitter, Inc. Report) voted against re-electing Egon Durban, an ally to Elon Musk, as a director to the board at its annual shareholder meeting on May 25. Durban, the co-head of private equity firm Silver Lake, had partnered with Musk when he sought to take Tesla ((TSLA) – Get Tesla Inc Report ), the electric carmaker, private as its CEO. Twitter CEO Parag Agrawal declined to discuss the status of the takeover…

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    📱 | What's Wrong with Facebook, Amazon and Google?

    By Luc Olinga Growth concerns cast a cloud of uncertainty over Big Tech's profitability. It's a black spring for tech giants. For several weeks now, billions of dollars of market capitalization have been disappearing on a daily basis as investors' nervousness grows. Investors seem to be watching for any sign that would confirm their fears that the economy is overheating and that a recession is on the horizon. One of these signals came on May 23 from the social net wo…

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    👍 | Twitter Stock Slides On Snap Warning, Giving El…

    By Martin Baccardax “Snap disaster likely pushes Musk one step closer to the door or lower deal price in eyes of Street,” said Wedbush analyst Dan Ives. Twitter (TWTR) – Get Twitter, Inc. Report shares slumped lower Tuesday, providing Tesla ( TSLA) – Get Tesla Inc Report CEO Elon Musk with another potential out from his stagnating $ 44 billion takeover bid as social media stocks tumble in the wake of Snap Inc's (SNAP) – Get Snap, Inc. Class A Report surprise profit warning. which makes the Snapchat messaging app, cautioned in a late Monday Securities and Exchange Commission filing that the…

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    👍 | Mark Zuckerberg Could Pay for 2016 Election Sca…

    By Tony Owusu Zuckerberg was named in a lawsuit Monday by the DC Attorney General for his role in the Cambridge Analytica election scandal from 2016. Mark Zuckerberg could be the one to pay for the past sins of Facebook. After Donald Trump's US Presidential election victory in 2016, Facebook was accused of letting Cambridge Analytica, a company specializing in strategic communications, use the data of nearly 50 million users to influence votes in favor of the Republican candidate. At first the company went on the defensive, denying that it had any liability for broadcasting what turned out…

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    👍 | Facebook Under Fire For Putin Propaganda Push

    By Riley Gutiérrez McDermid Mark Zuckerberg's social network has been spreading pro-Russia disinformation in one of Ukraine's neighboring countries. Tech guru Mark Zuckerberg and his social media behemoth Facebook (MVRS) – Get Meta Report have had their share of scandals. Whether it was allowing users to post about ways to assassinate Russian President Vladimir Putin, or allowing analytics company Cambridge Analytica to harvest data from tens of millions of users, both Zuckerberg and Facebook have faced major criticism as the company has grown and evolved. …

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    👍 | Mark Cuban Wages War on Drug Prices (Twitter Lo…

    By Daniel Kline The Shark Tank judge has done something that Barack Obama and Joe Biden have failed to do. For decades, politicians — mostly Democrats — have tried to reform mobility. That has largely failed because healthcare reform has been a political issue. Once that Few people, even the politicians, agree that the current system works, but little has happened to change it. Barack Obama did get the Affordable Care Act (ACA) (often called Obamacare) but that only expanded access to healthcare, it did n…

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    👍 | TikTok Moves Beyond Videos Into Mobile Gaming

    By Colette Bennett Get ready to spend even more time on TikTok. While you go to TikTok to watch trending dance challenges or enjoy the comforts of your favorite niche of the social media site, the company wants to give you another reason to spend even more time There. Despite being the fastest-growing property in the social-media sphere — a billion monthly users and counting as of 2021 — the Chinese-owned site understands that it has to continually innovate to remain relevant. This challenge has also plagued long-reigning social-media giant Twitter (TWTR) – Get Twitter, Inc. Report, which ad…

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    👍 | Twitter and Reddit Showcase Reactions to Crypto…

    By Rob Lenihan People take to social media to share their feelings — and vent — about the recent cryptocurrency crash. Perhaps Bianca, commenting on Twitter, summed it up best. ! ”She lamented.'The Seas of Fate'Yes, it has been a rough time for cryptocurrencies. Once considered a safe haven from the stock market, crypto and Wall Street now move in the same direction and both have checked into the Heartbreak Hotel . Bitcoin was off nearly 1% to $ 30,251 as of Friday, May 20, according to CoinGecko, and down 17.4% from two weeks ago…

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    👍 | Elon Musk and Twitter: Now It's Personal and Ugly

    By Luc Olinga The richest man in the world has sparked a saga around his bid to acquire the microblogging website Twitter. It's a saga that keeps markets and social networks in suspense. Since Elon Musk announced on April 5 that he owned 9.2% of Twitter ( TWTR) – Get Twitter, Inc. Report and nine days later launched a $ 44 billion bid to acquire the microblogging platform, the many twists and turns in the story have come at a rate of at least one a day. And the latest turn appears to be personal. The billionaire and the Twitter board are going head to head as they negotiate the deal. That's to b…

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    👍 | Elon Musk Has an Alarming Diagnosis on the Econ…

    By Luc Olinga The billionaire has become the hero of a new generation of investors who want to disrupt the system. Elon Musk makes the news. He is everywhere. The chief executive officer of premium electric vehicle maker Tesla (TSLA) – Get Tesla Inc Report Like the real estate developer, the tech tycoon seems to love being in the spotlight. When another piece of economic news manages to steal the show, Musk always finds a way to bring all…

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    👍 | Elon Musk Warns on the Economy and Has a New Ti…

    By Luc Olinga The billionaire has become the hero of a new generation of investors who want to disrupt the system. Elon Musk makes the news. He is everywhere. The chief executive officer of premium electric vehicle maker Tesla (TSLA) – Get Tesla Inc Report Like the real estate developer, the tech tycoon seems to love being in the spotlight. When another piece of economic news manages to steal the show, Musk always finds a way to bring all…

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    👍 | Twitter Bid: Musk Wants Help From an Agency He…

    By Ellen Chang Billionaire Elon Musk wants the US Securities and Exchange Commission to examine Twitter's financials. The richest man in the world who has a history of fighting with the Securities and Exchange Commission that regulates the stock market is now asking the agency to investigate Twitter ( TWTR) – Get Twitter, Inc. Report over fake accounts on the platform. Musk has challenged Twitter's board of directors and management since he made an acquisition offer of $ 44 billion to take over the social media company on April 14. He said on May 17 that he wants Twitter to verify its data on…

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    👍 | Elon Musk Thinks of Buying Twitter at a Lower P…

    By Luc Olinga The billionaire has launched a public campaign designed to force Twitter's board of directors to renegotiate the price. Will Elon Musk end up getting what he wants from Twitter (TWTR) – Get Twitter, Inc. Report? The richest man in the world thinks he will. A few days after launching a public campaign to force the management and the Board of Directors of the micro-blogging website to agree to renegotiate the acquisition price it had proposed on April 14, Musk thinks he has achieved his goal. CEO of Tesla (TSLA) – Get Tesla Inc Report has just indicated that he believes a Twitt…

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    👍 | Cramer's Mad Money Recap 5/16: McDonald's, Jet B…

    By Scott Rutt Jim Cramer says this market deserves to be hated. Get used to the pain. This market deserves to be hated, Jim Cramer admitted his Mad Money viewers Monday. It seems like every day we're given a new reason why stocks shouldn Why can't Wall Street escape the jaws of the bear? There are plenty of reasons. China remains in Covid lockdown with no end in sight. There doesn't go higher and you can't build a sustainable rally on top of quicksand. And here at home, there is a litany of things not to like. Just today we learned that…

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    👍 | Elon Musk and Jack Dorsey's Mutual Admiration H…

    By Kirk O'Neil Elon Musk and Jack Dorsey have a little dustup over a tweet. Tesla's (TSLA) – Get Tesla Inc Report founder Elon Musk and former Twitter (TWTR) – Get Twitter, Inc. Report CEOand founder Jack Dorsey's mutual admiration society In late April, only hours after the Twitter Board of Directors agreed to Musk's $ 44 billion offer to buy the social media platform, Dorsey took to Twitter to support Musk's offer to buy the company. of creating a platform that is'maximally trusted and broadly inclusive'is the right one, ”Dorsey tweeted.…

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    👍 | Good Bot? Bad Bot? Twitter Says Both

    By Tom Bemis Elon Musk's newfound concern about spam and fake Twitter accounts revives old question. Elon Musk put his $ 44 billion acquisition of Twitter (TWTR) – Get Twitter, Inc. Report on hold Friday, as he questioned whether the company's estimate of spam and “Twitter deal temporarily on hold pending details supporting calculation that spam / fake accounts do indeed represent less than 5% of users,” Musk tweeted. Twitter routinely publishes its estimates of the number of problematic accounts in its quarterly reports. It has pegged its bot total at a…

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    👍 | Musk May Owe Billions in Legal Fees if He Walks…

    By Riley Gutiérrez McDermid One thing investors don't like is protracted legal fights, even for hip companies like Tesla, SpaceX, Neuralink and The Boring Company. The world watched another game of business news ping pong on May 13, as Tesla billionaire Elon Musk It was yet one more chapter in an increasingly fraught series of negotiations over the fate of the microblogging platform. In many ways the deal that Musk said he was freezing his deal to buy Twitter and then hours later said he was still committed to the merger. has struck to buy Twitter (TWTR) – Get Twitter, Inc. Report for $ 44 bill…

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    👍 | Sell Twitter, Buy Tesla? Here's the Trade as Do…

    By Bret Kenwell Twitter stock is slumping and Tesla stock is popping on concern that Elon Musk will pull his offer for Twitter. Here's how to trade the stocks now. The drama between Twitter (TWTR) – Get Twitter, Inc. Report and Tesla (TSLA) ) – Get Tesla Inc Report CEO Elon Musk refuses to vacate, but can anyone be surprised? Musk's $ 54.20-a-share proposal to buy Twitter — equating to a $ 44 billion deal — has generated a ton of hype. Today, we see Tesla shares ripping and Twitter stock falling — the latter down 9% — as Musk said, “Twitter deal temporarily on hold pending details supporting calcu…

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    👍 | Musk Sends Positive Signals to Tesla Investors…

    By Luc Olinga Elon Musk's financing of the acquisition of microblogging website Twitter involves a margin loan tied to the billionaire's Tesla shares. Tesla (TSLA) – Get Tesla Inc Report investors and fans may be able to breathe a bit more easily. Since Elon Musk's April 14 announcement of a $ 44 billion bid for social network Twitter, (TWTR) – Get Twitter, Inc. Report they've seen the price of Tesla shares wobble. In addition to concern about Musk focusing less on the manufacturer of high-end electric vehicles , they also worry about the prospect of his financial withdrawal from Tesla. Indeed,…

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    👍 | What is Twitter Saying About'Top Gun: Maverick'?

    By Michael Tedder Nearly 40 years later, does the sequel take flight? Sequels to popular films that arrive decades afterwards are a funny thing. They have a reputation as a cash grab for stars whose popularity have peaked, and are seeking to capitalize on "My Big Fat Greek Wedding 2 "or" Bridget Jones's Baby. "There's also plenty of cases where a studio has pushed for a sequel that did not really need to exist. But they do it simply because a title has enough name recognition to bring out an audience, regardless of the film's quality. Francis Ford Coppola has long said he was basically forced t ...

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    👍 | Musk Calls Time Out on Twitter Deal Over Bout W…

    By Rob Lenihan The world's richest man presses the pause button on his Twitter acquisition over a filing about bots. Last month, Elon Musk was ready to go to war. Tesla's (TSLA) – Get Tesla Inc Report CEO had put in his bid to buy Twitter (TWTR) – Get Twitter, Inc. Report and he took aim at one of its most hated features. “If our twitter bid succeeds, we will defeat the spam bots or die trying!” He tweeted.'Still Committed to Acquisition' The world's richest man followed up with “And authenticate all real humans.” However, it seems now that Musk iswaving the white flag in his spam bot crusade-…

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    👍 | Elon Musk Has Some Good News for Tesla Investors

    By Luc Olinga Elon Musk's financing of the acquisition of microblogging website Twitter involves a margin loan tied to the billionaire's Tesla shares. Tesla (TSLA) – Get Tesla Inc Report investors and fans may be able to breathe a bit more easily. Since Elon Musk's April 14 announcement of a $ 44 billion bid for social network Twitter, (TWTR) – Get Twitter, Inc. Report they've seen the price of Tesla shares wobble. In addition to concern about Musk focusing less on the manufacturer of high-end electric vehicles , they also worry about the prospect of his financial withdrawal from Tesla. Indeed,…

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    👍 | Twitter Deal: Musk Has Some Good News for Tesla…

    By Luc Olinga Elon Musk's financing of the acquisition of microblogging website Twitter involves a margin loan tied to the billionaire's Tesla shares. Tesla (TSLA) – Get Tesla Inc Report investors and fans may be able to breathe a bit more easily. Since Elon Musk's April 14 announcement of a $ 44 billion bid for social network Twitter, (TWTR) – Get Twitter, Inc. Report they've seen the price of Tesla shares wobble. In addition to concern about Musk focusing less on the manufacturer of high-end electric vehicles , they also worry about the prospect of his financial withdrawal from Tesla. Indeed,…

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    👍 | Stocks Move Higher, Elon Musk & Twitter, Bitcoi…

    By Martin Baccardax Stock futures moved higher as Powell rate soothe rate betting bulls; Twitter shares plunge as Elon Musk says $ 44 billion takeover'On Hold'; Bitcoin prices move higher as stablecoin market finds footing; Robinhood shares surge as FTX CEO Bankman-Fried builds 7.6% stake and General Electric shares jump as CFO sees second half rebound Here are five things you must know for Friday, May 13: 1. — Stock Futures Moved Higher As Powell Rate Soothe Rate Betting Bulls U.S. equity moved higher Friday, potentially snapping a six-day losing streak for the Dow, as investors looked to an…

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    👍 | Twitter Stock Plunges As Elon Musk Says $ 44 Bil…

    By Martin Baccardax Twitter (TWTR) – Get Twitter, Inc. Report shares plunged lower in pre-market trading after Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk said his $ 44 billion takeover of the social media group was “temporarily on hold” Musk, who has looked to alter the financing of his'take private' deal on a number of occasions, bringing in new equity investors and reportedly soliciting others to reduce the exposure of the $ 62.5 billion worth of Tesla shares he's pledged against margin loans , made the declaration through his verified Twitter account early on Friday in response to a R…

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    👍 | Veteran Twitter Executives Axed Ahead of Musk T…

    By Veronika Bondarenko Hiring freeze also being imposed as part of cost-cutting moves. Ever since agreeing to be sold to Elon Musk for $ 44 billion, Twitter (TWTR) – Get Twitter, Inc. Report's been in a constant state of upheaval — amid rising employee concern over their futures at the company, two of the platform's big leaders have been pushed out. Twitter CEO Parag Agrawal has, according to an internal memo obtained by the New York Times, asked General Manager of Consumer Kayvon Beykpour and General Manager of Revenue Bruce Falck to leave the company for vague reasons explained as the need to…

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    👍 | Martin Shkreli Is Excited To Rejoin Elon Musk's…

    By Michael Tedder The “Pharma Bro” and convicted felon reportedly feels he may allowed back on Twitter. After weeks of speculation, Elon Musk has made it official. Assuming the Tesla (TSLA) – Get Tesla Inc Report CEO's $ 44 billion bid to takeover Twitter goes through, he will undo the permanent ban on former President Donald Trump, who was banned from Twitter (TWTR) – Get Twitter, Inc. Report last year after the Jan 6 riots, citing the risk of further violence. Musk made the pronunciationment in an interview with the Financial Times, and made it very clear that he doesn't think anyone should be pe…

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    👍 | This Is What Elon Musk Plans To Do With Twitter

    By Veronika Bondarenko Along with reversing Trump's Twitter ban, the Tesla founder has a number of other plans for Twitter. Elon Musk ended weeks of speculation May 10, saying he would allow former President Donald Trump back on Twitter (TWTR) – Get Twitter, Inc Report if he completes his acquisition of the company. At a Future of the Car event hosted by the Financial Times, the Tesla (TSLA) – Get Tesla Inc Report and SpaceX founder said that he would reverse the ban on Trump that the social media platform enacted after the fatal January 6, 2021 insurrection. Last month, Twitter agreed to be…

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    👍 | Elon Musk Says He Will Reverse Trump's Twitter Ban

    By Michael Tedder The Tesla CEO and soon-to-be Twitter owner things the ban was a mistake. Elon Musk says he will reverse the Twitter (TWTR) – Get Twitter, Inc. Report ban on former President Donald Trump This announcement ends weeks of speculation about what direction the Tesla CEO (TSLA) – Get Tesla Inc Report will take Twitter once his $ 44 billion takeover deal is finalized. “I think it was a morally bad decision to be clear and foolish in the extreme,” he said at a Future of the Car event hosted by the Financial Times, which is happening live here. Trump was banned from Twitter last year a…

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    👍 | Stock Futures Bounce, Tesla, Twitter, Bitcoin A…

    By Martin Baccardax Stock futures bounce as investors buy dip after lowest S & P; 500 close in a year; Tesla sees China sales, export slump as Shanghai factory hit by Covid lockdowns; Twitter shares extend slide as short seller cautions on Musk re-pricing takeover; Bitcoin prices find support after dipping below $ 30,000 and AMC shares leap as'The Batman' drive Q1 sales rebound. Here are five things you must know for Tuesday, May 10: 1. — Stock Futures Bounce As Investors Buy Dip After Lowest S & P 500 Close In A Year U.S. equity futures bounced higher Tuesday, potentially lifting the S & P 500 from…

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    📱 | Match Group Isn't Dating Google Anymore

    By Tom Bemis Operator of Tinder, Match and other dating apps sues Google over billing rules Dating operator Match Group (MTCH) – Get Match Group, Inc. Report has had it with Google. The company said it's suing the main operating subsidiary of Alphabet ( GOOGL) – Get Alphabet Inc. Class A Report for anti-competitive behavior over new rules requiring it to use Google's billing system in order to remain available in the Google Play app store. company wrote in its 91-page lawsuit. “We are now its hostage.” The problem, from Match Group's point…

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    👍 | Trump Loses Lawsuit Over Twitter Ban

    By Tom Bemis Federal judge dismisses case, but leaves a narrow window for filing an amended complaint. A lawsuit by former president Donald Trump seeking to overturn his ban from Twitter (TWTR) – Get Twitter, Inc. Report was dismissed by a Federal judge. The suit was filed by Trump after Twitter banned him from the online service following the fatal Jan. 6, 2021 insurrection, “due to the risk of further incitement of violence.” In a 17-page ruling Friday, US District Judge James Donato pointed out that Trump was “not starting from a position of strength,” with the lawsuit. “Twitter is a priv…

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    👍 | Musk Gives Us a Glimpse of His Twitter

    By Luc Olinga The billionaire CEO of Tesla is giving us a glimpse of how Twitter will be run and what it will look like if and when he owns it. Elon Musk is a man in a hurry. The whimsical and charismatic Tesla (TSLA) – Get Tesla Inc Report CEO has begun rolling out his vision and roadmap for Twitter (TWTR) – Get Twitter, Inc. Report if and when he completes its $ 44 billion acquisition of the microblogging site. Indeed, while the business community continues to question how the serial entrepreneur managed to secure the funds necessary to finance the transaction, Musk is plowing ahead. The bill…

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    👍 | Musk Gives Us a Glimpse of Plans for Twitter

    By Luc Olinga The billionaire CEO of Tesla is giving us a glimpse of how Twitter will be run and what it will look like if and when he owns it. Elon Musk is a man in a hurry. The whimsical and charismatic Tesla (TSLA) – Get Tesla Inc Report CEO has begun rolling out his vision and roadmap for Twitter (TWTR) – Get Twitter, Inc. Report if and when he completes its $ 44 billion acquisition of the microblogging site. Indeed, while the business community continues to question how the serial entrepreneur managed to secure the funds necessary to finance the transaction, Musk is plowing ahead. The bill…