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The Latest Breaking News from Twitter Inc.

Elon Musk ‘still committed’ to Twitter deal despite ‘on hold’ comment

The Tesla billionaire said the deal paused was ‘pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users’

Evening Standard

Elon Musk says Twitter deal "temporarily on hold"

Musk provided few details, but the tweet from his official account will ignite havoc in the tech and financial worlds.

Axios

'Still committed,' says Elon Musk, hours after putting Twitter deal on hold

NEW DELHI: After putting his $44 billion deal for acquiring social media platform Twitter on hold temporarily, Elon Musk said that he is still committed to the acquisition.

The Times of India

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Trump media company hiring producers for ‘Maga version of Netflix’

TMTG’s vision statement says the conglomerate is an answer to ‘liberal bias’

The Independent UK

Elon Musk wants 'less divisive' candidate than Donald Trump in 2024

SpaceX founder and Tesla CEO Elon Musk said he prefers a less divisive candidate in the 2024 election than former President Donald Trump and that President Joe Biden was wrong to assume the country wanted dramatic changes. Read more on Dynamite News:

Dynamite News

Dogecoin Creators Blasts 'Tech Bros,' Takes Jab At Terra (LUNA) Founder

Dogecoin (CRYPO: DOGE) co-creator Billy Markus is filled with joy even when he sees tips in the meme coin “flying around” on Twitter Inc’s (NYSE: TWTR) platform even during what he called “this super down depressing market.”

Benzinga

Morning Digest | Inflation soars near eight-year high to 7.8% in April; 90 lakh Ujjwala scheme beneficiaries do not get refills, and more

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The Hindu

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Elon Musk says Biden beat Trump as the country ‘just wanted less drama’

Tesla boss says current president mistakenly thinks he ‘was elected to transform the country’

The Independent UK

Elon Musk seeks to scrap Tesla margin loan with new Twitter funding

Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter Inc. to eliminate the need for any margin loan linked to his Tesla Inc. shares, according to people with knowledge of the matter.

Tribune News Service

Democrats ask Facebook, YouTube and Twitter to archive content that could be used in war crimes trial against Russia

Two committees say social media content could provide evidence of Russia ‘atrocities’

The Independent UK

Sharon Osbourne gives thumbs up to Elon Musk's plan to get Donald Trump back on Twitter

Sharon Osbourne has said everyone has the right to be on Twitter, "even the Taliban", as she backed Elon Musk's proposal to reverse Twitter's ban on Donald Trump.

Daily Mirror

Tesla, Twitter shares drop as Elon Musk's legal issues grow

Shares of Tesla and Twitter have tumbled this week

The Independent UK

Twitter CEO Sends Execs Packing, Suspends Hiring: What Investors Need To Know

Twitter Inc (NASDAQ: TWTR) is pausing hiring amid the departure of two company executives.

Benzinga

Managers fired from Twitter amid Musk buyout turmoil

In the latest sign of turmoil inside Twitter amid Elon Musk's planned buyout of the company, a Twitter general manager, Kayvon Beykpour, is leaving after 7 years

The Independent UK

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Asharq Al-Awsat

Twitter CEO Says Two Leaders to Depart

Two senior Twitter leaders who oversee the consumer and revenue divisions will depart the social media company, chief executive Parag Agrawal told employees in a memo on Thursday, in one of the biggest shake-ups at the firm since billionaire Elon Musk announced he would buy Twitter for $44 billion. Agrawal…

Axios

Twitter freezes hiring, rescinds some offers as top execs depart

The announcement comes as Twitter faces a complicated takeover bid from Elon Musk.

Axios

It’s a bad year to be fantastically rich

Five billionaires — Elon Musk and Jeff Bezos among them — have each lost more than $50 billion this year alone.

Salon

Court revives Texas GOP social media law

Ruling came from a panel of judges considered the most conservative appeals court in the country

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Benzinga

How Is The Market Feeling About Twitter?

Twitter's (NYSE:TWTR) short percent of float has fallen 14.34% since its last report. The company recently reported that it has 32.67 million shares sold short, which is 4.66% of all regular shares that are available for trading.

Reason

Senate Democrats Try and Fail To Codify Roe v. Wade Abortion Protection

Plus: Texas' social media law goes back into effect, inflation worries voters, and more...

Inverse

50 years ago, Andrei Tarkovsky made the most disturbing sci-fi movie ever

Slow and unsettling, this classic work of Soviet sci-fi will make you reconsider how we relate to each other.

The Conversation

Elon Musk could roll back social media moderation – just as we're learning how it can stop misinformation

The US$44 billion (£36 billion) purchase of Twitter by “free speech absolutist” Elon Musk has many people worried. The concern is the site will start moderating content less and spreading misinformation more, especially after his announcement that he would reverse the former US president Donald Trump’s ban.

Birmingham Post

'Liberals' are showing their true intolerant nature after the furore over Elon Musk's takeover of Twitter

The outcry from the left over Elon Musk's takeover of Twitter shows how 'wokeism' and cancel culture has gone too far, says entrepreneur Sarah John

The National (Scotland)

People using NewProfilePic app urged to 'delete' immediately amid Russia links

The profile picture generator allows users to convert profile pictures into cartoon artwork.

The Independent UK

Japan's SoftBank sinks to losses as investments sour

Japanese technology company SoftBank Group has dropped into losses as the value of its investments declines

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