Social Media

The New York Times reports: Elon Musk is racing to secure funding for his $43 billion bid to buy Twitter. Morgan Stanley, the investment bank working with Mr. Musk on the potential deal, has been calling banks and other potential investors to shore up financing for the offer, four people with knowledge of the situation said. Mr. Musk is first …

The Hill reports: New York City Mayor Eric Adams (D) on Sunday said that social media companies “must step up” to identify users that talk about violence online, adding that there is “a corporate responsibility when we are watching hate brew online.” During an appearance on ABC’s “This Week,” Adams, alongside NYPD Police Commissioner Keechant Sewell, discussed accused Brooklyn subway …

Stand by for Devin Nunes to sue over this: Searching “truth social waitlist” on Twitter finds many people lamenting they had waited for a month or more and their waitlist numbers were not changing. Needless to say, that’s not how a waitlist should work; as new users were added, people should have steadily moved up in the list, not stayed …

“The only thing I would tell Elon, if you care about the country, is I actually don’t think Trump should get back on. The reason I am saying that is because with him off we are paying attention to real substance now. “Instead of them pretending the news cycle should be about which Saturday Night Live actor he didn’t like …

CNBC reports: Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,” a day after billionaire Elon Musk offered to buy the company for $43 billion, the company announced Friday. The board voted unanimously to adopt the plan. Under the new structure, if any person or group acquires beneficial ownership of at least 15% of Twitter’s outstanding …

Mediaite reports: Mark Cuban said Tesla CEO Elon Musk offering to buy Twitter is a way of “fucking with” the Securities and Exchange Commission. Cuban tweeted on Thursday he thinks that Musk is messing with the SEC by purchasing a huge stake in Twitter and hyping a faux takeover in an effort to goose the stock price before selling. Cuban …

Deadline reports: Twitter is said to be weighing a poison pill to prevent Elon Musk from increasing his stake in the company significantly, the Wall Street Journal reported, citing a person familiar with the situation. The defensive strategy, also called a shareholders rights plan, make hostile takeovers more expensive and complicated for a buyer. They allow existing shareholders the right …

From far-right Gab CEO Andrew Torba: There is the problem of Twitter’s community itself. It skews massively left and thus anti-free speech. If you allow free speech on Twitter again, those people are absolutely going to leave because their fragile worldview can’t handle the reality that free speech brings. Another problem Twitter has that we don’t: total dependency on ad …

The Associated Press reports: Elon Musk is offering to buy Twitter, just days after the Tesla CEO said he would no longer be joining the social media company’s board of directors. Twitter Inc. said in a regulatory filing on Thursday that Musk provided a letter to the company on Wednesday that contained a proposal to buy the remaining shares of …

CNBC reports: A group of Twitter shareholders are suing Elon Musk for allegedly failing to disclose he had bought a significant stake in the social media company in the right timeframe. The Tesla and SpaceX CEO revealed on April 4 that he had amassed a 9.2% stake in Twitter, leading shares to soar as investors viewed the move as a …

The Associated Press reports: The University of Southern California is suing two YouTube performers who the school says created panic after barging into classrooms to film prank videos for their channels. Court documents obtained by the Los Angeles Times claim the pair caused “terror and disruption” during three “classroom takeover incidents” in the university’s Mark Taper Hall of Humanities. The …

CNBC reports: Tesla and SpaceX CEO Elon Musk has abandoned his plans to join the board of Twitter, his social network of choice. Twitter CEO Parag Agrawal announced publicly on Sunday that Musk remains the largest shareholder of Twitter, and the company will remain open to his input. Musk informed Twitter on Saturday morning that he would not, in fact, …

Reuters reports: YouTube has blocked Duma TV which broadcasts from Russia’s lower house of parliament, drawing an angry response from officials who said the world’s most popular streaming service could face restrictions in response. On Saturday, a message on YouTube said the Duma channel had been “terminated for a violation of YouTube’s Terms of Service”. YouTube, owned by Alphabet, has …

The Washington Post reports: Twitter plans to host Elon Musk for a question-and-answer session with employees after a week of internal outcries over his appointment to the social network’s board of directors, according to company messages obtained by The Washington Post. The announcement from Twitter chief executive Parag Agrawal of the highly unusual internal AMA — which stands for “ask …

The Verge reports: Twitter is experimenting with an “unmentioning” feature that will allow users to remove themselves from conversations. It’s limited to some users and only on the web version for now but looks like a very useful way to clean up your mentions. “We’re experimenting with Unmentioning—a way to help you protect your peace and remove yourself from conversations,” …

The Daily Beast reports: Truth Social CEO and ex-congressman Devin Nunes stumbled with wild speculation and ridiculous claims during a Fox Business Network grilling on Thursday morning, all while bad news and ridicule of the Trump-owned social-media platform continue to pile up. “It’s clear that Twitter is kind of a ghost town,” Nunes declared. “There’s not very much activity over …

Axios reports: Since the start of the war in Ukraine, Facebook says it has removed “tens of thousands of accounts, Pages and Groups” around the world for spreading misleading content about the conflict to build audiences and bring in cash. Spammers switched user names repeatedly to trick people into following them. They would then push their followings to other websites …

Elon Musk will surely take credit for this: It’s a feature that Twitter users have been requesting for so long that it’s become a meme, but now the mythical “edit button” is actually becoming a reality. Twitter has announced that it’s working to allow users to edit their tweets after posting them. The idea is that you’ll be able to …

CNBC reports: Elon Musk will join Twitter’s board of directors after taking a 9.2% stake in the social media company, according to a release filed with the SEC. “Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board,” CEO Parag Agrawal said in a tweet. Musk’s purchase comes after …

Politico reports: Three top executives quit Truth Social, including chief technology officer, Josh Adams and Billy Boozer, the head of the company’s product development, and chief legal officer, Lori Heyer-Bednar, according to two people familiar with the matter. Reuters first reported the departures of Adams and Boozer. Trump has been upset with the state of his social media venture, Truth …