Social Media

Judge Boots Trump’s Suit Seeking To Lift Twitter Ban

CNBC reports: A judge on Friday dismissed a lawsuit by former President Donald Trump seeking to lift his ban from Twitter. The social media giant had banned Trump on Jan. 8, 2021, citing the risk of the incitement of further violence on the heels of the Capitol riot by a mob of supporters of the then-president two days earlier. Trump, …

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Musk: Nunes Lied About Trump Pushing Twitter Buy

Variety reports: Devin 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 …

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Devin Nunes: Trump Encouraged Musk To Buy Twitter

The New York Post reports: Donald Trump quietly “encouraged” Elon Musk’s takeover of social media giant Twitter ahead of the $44 billion deal, according to the boss of his own social-media app Truth Social. “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 …

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Larry Ellison Pumps $1B Into Musk’s Twitter Buyout

Axios reports: Elon Musk just reported some new friends — equity partners for his Twitter takeover, including some of the biggest names in Silicon Valley. Musk has raised $7 billion in funding for his $44 billion purchase of Twitter, according to a filing released by the Securities and Exchange Commission on Wednesday. Musk said in the filing that he has …

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Musk Proposes Charging Fees For Some Twitter Users

The Hill reports: Elon Musk said on Tuesday that Twitter could start charging a “slight cost” for government and commercial users in comments that come just over a week since he reached a deal to buy the social media platform. “Ultimately, the downfall of the Freemasons was giving away their stonecutting services for nothing,” Musk tweeted initially. “Twitter will always …

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Trump’s Truth Social Censors Anti-Transgender Post

Mediaite reports: BlazeTV host Steve Deace complained Monday on Twitter that something he posted on TRUTH Social was immediately censored. Deace claimed to have posted a Truth — the platform’s term for users’ posts — only for it to be slapped with a “sensitive content” warning. Mediaite viewed the Truth Deace had posted. It reads: “Transgenderism is a mental illness …

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POLL: Majority Back Removing False Or Abusive Tweets

Axios reports: Elon Musk is likely to find out that there’s not a big market for his campaign for more free speech on Twitter, according to an Ipsos poll shared exclusively with Axios. Most Americans don’t have a problem with Twitter or other social media companies removing posts that include misinformation, promote violence or pose a risk to the public, …

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Musk: “Democrats Have Been Hijacked By Extremists”

So this blew up Twitter overnight: Tesla CEO and billionaire Elon Musk on Thursday suggested that his political stand over the years has shifted towards the right. While the buyout has garnered a lot of interest and predictions on the future of Twitter, Musk tweeted a political cartoon originally created by Colin Wright without any context. Tim Urban, a writer …

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Musk Sells $4B In Tesla Stock, Claims No Further Sales

Fortune reports: Elon Musk has been busy selling Tesla shares as he prepares to pay for his $44 billion Twitter bid, but he has no further stock sales planned, the billionaire said late Thursday. In five separate Form 4 filings to the SEC published on Thursday, Musk revealed he has already unloaded a combined total of 4.41 million shares on …

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Musk Loses Battle To End “Twitter Sitter” Deal With SEC

Bloomberg News reports: Elon Musk may soon own Twitter Inc. but the billionaire won’t be able to shake his “Twitter Sitter.” A judge on Wednesday rejected Musk’s request to ditch his 2018 deal with the U.S. Securities and Exchange Commission that required a company lawyer to screen all his Tesla Inc.-related tweets. The Tesla CEO, who appears to have clinched …

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Reuters: Tesla Stock Crash Could Imperil Twitter Deal

Reuters reports: Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose …

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Carlson Lies That Musk Restored His Twitter Account

Mediaite reports: The host was censored on the platform last month after he called Assistant Secretary for Health Rachel Levine – a transgender woman – a man. Carlson’s account was locked, and would remain that way until he deleted the tweet. Fox News made it clear that Carlson would do no such thing. The host announced he was back on …

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Reuters: Elon Musk Just Bought A “Chinese Headache”

Reuters reports: Twitter’s servers, staff and customers are almost entirely out of President Xi Jinping’s reach. But Tesla produces half of its automobiles in Shanghai, where it enjoys tax breaks, and depends on local suppliers for critical components. It seems likely that Twitter, under its new owner, will relax bans on political speech. Former President Donald Trump may get his …

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Fox: Trump Won’t Be Able To Resist Twitter Return

For once, the world agrees with Fox hosts: Cohosts of The Five reacted giddily to the news that Elon Musk will purchase Twitter for $44 billion on Monday, hailing it as a victory for free speech. The consensus around the table was that Musk will allow Donald Trump to return to Twitter and that the former president will oblige, despite …

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BREAKING: Elon Musk Buys Twitter In $44 Billion Deal

Business Insider reports:  Twitter accepted Elon Musk’s offer to buy the company, it announced Monday — a dramatic coup for the billionaire as he seeks to unlock the social network’s “extraordinary potential.” Musk will pay $54.20 per share for Twitter, matching his original offer, totaling $44 billion. The two parties met Sunday after Twitter executives opted to re-examine Musk’s original …

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NYT: Twitter Close To Reaching Buyout Deal With Musk

The New York Times reports: Twitter is nearing a deal to sell itself to Elon Musk, two people with knowledge of the situation said, a move that would unite the world’s richest man with the influential social networking service. Twitter’s board was negotiating with Mr. Musk into the early hours of Monday over his unsolicited bid to buy the company, …

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WSJ: Twitter Reconsidering Elon Musk’s Buyout Offer

CNBC reports: Twitter could be becoming more receptive to a takeover bid from Elon Musk after the billionaire disclosed he has secured $46.5 billion in financing, The Wall Street Journal reported Sunday. The social media company had been expected to shoot down the offer and had adopted a so-called poison pill to fend off a potential hostile takeover. But executives …

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FAA: YouTuber Crashed His Own Plane For The Views

The New York Times reports: The Federal Aviation Administration has found that Trevor Jacob, a daredevil YouTuber who posted a video of himself last year parachuting out of a plane that he claimed had malfunctioned, purposely abandoned the aircraft and allowed it to crash into the Los Padres National Forest in Southern California. In a letter to Mr. Jacob on …

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Jordan Threatens Twitter Over Musk Buyout Attempt

CNBC reports: A group of 18 House Republicans is asking Twitter’s board to preserve all records related to Elon Musk’s offer to buy the company, setting up a potential congressional probe should the party win back the majority this fall. In letters shared exclusively with CNBC, Republicans on the House Judiciary Committee asked Twitter Board Chairman Bret Taylor and other …

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SEC Filing: Musk Has Funding For Twitter Takeover

The Daily Beast reports: Elon Musk has secured commitments totaling about $46.5 billion for a possible takeover of Twitter, according to a new filing with the Securities and Exchange Commission. There is still no assurance the deal will go through, though the filing firms up Musk’s earlier $43 billion proposal and the possibility that he could pursue a hostile takeover …

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