will keep preparing for the worst it's, it's you're up to date more well, news at the top of our christy plaza has your business update in just a moment with more on e and mosques buying. twitter have a good day. thank god for her. i'm. you can like, i want that's hard and in the end is a meet. you are not allowed to see you anymore. we will send you back. are you familiar with this? with the smudges were lions of the what's your story. ready ready i mean, wasn't, i was women, especially and victims of violence in i'm some take part and send us your story.

the chain always to understand this new culture. so you are not the visitor, not the guests. you want to become a citizen info, migrants your platform for reliable information. ah, the world's richest man buys twitter. ellen musk seals a deal to take the social media platform private. we'll talk to our correspondent on wall street. for the 1st time, countries are spending more than 2 trillion dollars on weapons, and that was before the start of the ukraine war. we'll talk to an expert about whether the next global arms race is on and these e bikes aren't just fun to ride. they're also keeping their makers business spirits

up amid the war in ukraine. this is d w business. i'm christy plots, and in berlin elan mosque, the world's richest man has struck a deal to buy twitter for $44000000000.00. the publicly traded firm will now become a private company, owned by the tesla ceo. he negotiated a purchase price of $54.20 per share. twitter said, an avid twitter user himself mosque has complained in the past about the social media platforms, moderation policies, and its functionality. he is proclaimed himself a free speech absolutist and has promised to enhance the service by making algorithms open source taking aim at spam bots and improving authentication of human users. well for the market reaction, we go now to our correspondent james sweeney in new york. james, tell us how did investors react of us know well, i don't think

a lot of people saw this coming today. at least not this fast, but you love most again, he showed his hand last week and showed that he had the funding to take the twitter private and the deal was made. in fact, it was bit of a normal deal. a bid was submitted, the funding was proven to be existent and existing ports of the offer. and simple math show that it was a great offer at $54.20 per share in cash. and he'll pull that off. he paid a lot for $244000000000.00, and investors are all taking this in within the last 2 hours. and the reactions are, makes, but it's a positive. listen, it's a big m and a deal and look at the market today. did that was down $500.00 points, and then again, $200.00 points at the close starting around the time of the, of the announcement. that's when the reverse will happen. so i would say investors, especially those twitter shareholders today. they're probably pumping champagne bottles right now at such a premium price. right, james? well, now that we know it's official, what do we actually know about mosques plan for this business? well, a question, a question like that has brought answers. isla must has called twitter or digital

towns square, were humanities to be debated, were free speech must remain. so there's a lot to take in there. a big move that should be immediate, is his promise about the vacation of actual people. so the removal of bonds must be immediate. we've all had to deal with that. the current board will also probably be given the boot, most likely, perhaps created the advisory board of big name users, business persons influencers that utilize the platform to its fullest extent. remember, it's also going private, so perhaps twitter will open up the algorithms, remove bands on some that do not worry, have them, especially some of those that lost their voice for sharing stories, reports that were deemed true months later. and when it comes to free speech, well, let's just say all we have to do is wait and see how the new twitter handle that because that's a lot to handle. right? well, we know that tesla famously never pays for advertising. and meanwhile, twitters business model is based on ad revenue. critics have long complain that the platform isn't profitable enough. do you think this is something my mother is likely to tinker with ill unless i should play around with this?

remember 11 months but twitter, but it does not mean that he's going to run the company. a lot of people appear to be forgetting that also. elan is a business man and who runs a successful business and who's going to be a successful businessman, if you're not into, if you're not in it to win it, you know, make a profit that answer your question about profitability as best as i can because i'm not elan muff, he's the only person who has the answers. he's already said that he has no economic interest in twitter as well. so it truly is a giant unknown as to what you learn must wants to do next with the platform and how he will make it profitable, or even, or even if he wants to, that answer can only be discovered, i guess, over due time just a big report and a lot of what if still out there? well, we'll be watching. thank you so much. thank you. for the 7th year in a row countries around the world have spent record sums of money on weapons. and that's before the russia's war. and ukraine started. this is, according to the stock home international piece, research institute,

total global military expenditures for the 1st time exceeded 2 trillion $1.20. an increase of point 7 percent from the year before the biggest spenders were the united states, china, the united kingdom, russia, france, and germany. together they account for about 2 thirds of the global military expenditure. china's military spending grew for the 20 sack 27th consecutive year with many so military, the name doesn't automatically mean german spending rag or other types of benuya paid salaries of troops. you need to buy fuel for your tanks. so you know, procurement is only a part of it, but we are seeing that many of these nasty increases are very much focused on, on millimeter, germans as well as research and development. now to some of the other global

business stories making news, us regulators have granted approval to a gilead sciences coven, 19 drug rem desert, beer to treat infants and children over 28 days of age. it's the food and drug administration. first approval of such a drug for children under 12. it's applicable to children who are hospitalized or at a high risk of severe coven. 19 norwegian police have arrested 20 greenpeace and extinction. rebellion activists for blocking a tanker delivering russian oil to an exxon mobil terminal. the group called on the norwegian government to ban imports of russian fossil fuels and said exxon mobiles, local units should cancel, contracts for imports from russia. the german cabinet has agreed on amendments to the energy security act. in the event of an energy crisis, it allows the government to place companies into a state trusteeship, and in extreme cases, they can even be expropriated. the original legislation stems from the 19 seventy's

oil crisis. the european union is desperate to boost ties with india and wants delhi to reduce its length to russia its main weapons supplier. the blocks latest attempt takes the form of a new trade and technology council meant to boost cooperation. european commission president was a funder lime pays her respects at memorial to indian independence hero. mahatma gandhi, the west was rattled when india sided with china in backing rushes, invasion of ukraine on a visit to new delhi, the europeans now hope to at least keep trade and tech cooperation on track. we are by, with a strong supporters of international and we have a whole face english,

challenging with china's india's leading trading partner with 12 percent of total indian trade that's followed by the u. s. with 11.7 percent. the u, as in 3rd place, with 62800000000 euros worth of trade or 11 percent of total indian trade. this will be the 1st such technical agreement for india on the 2nd for the you. so far it's only set up a similar mechanism with the u. s. d, you hopes the trade can keep the relationship between india and europe. warm. now are off to california where an e bike business has set up shop. the bikes have been lauded for being top of the line, but the story goes deeper. these e bike makers are from ukraine and with the help of colleagues working from bomb shelters, the founders are trying to navigate the war and keep their enterprising spirit intact. d, w, across the street from one of southern california's biggest oil refineries, sits e ride. one of the areas stopped destinations for all things. electric and more.

one unique set of wheels that catches the eye. is this one, the dell fast top 3 point. oh e bike. ha. so the manager at this e ride bikes door is full of praise for it. he tells us it's made by a team of ukrainians. they walked in and there, there was the most rangy bike. you have him though, is this one of the la. okay. that's cool. it took me outside and the show me where the head and i was a jesus 200 miles range, 50 miles per hour. and i says, road i had to, um, and to my boss you you, we have to get his bike here. and so they did in 2021. the 1st ukrainian adventure bike made it sweet, the u. s. market. and this is del fast or part of it. the company found a new address in tampa city in eli county, c. e o. daniel and marketing executive andre, run the company from this home, turned headquarters, their bike sell like hot cakes, but it hasn't been business as usual for dell fest with

a team of 35 and some still in ukraine. this has taken a door on the c, e o. one of our team members. your name is daria. she lives in harkey city, and her gift is almost demolished by russian bombs. when we have for our weekly zoom was every one. i can see a concrete walls around her because she's in the basement in the underground garage . i can see a concrete staircase above your head and i can hear a siren. the city is being bombed, been currently working from bomb shelters, and under extreme circumstances, the team managed to engineer a new model of their top selling bike with an enhanced design. the feeling that we are together and that we are continue working on. give sir, like this unity feeling despite everything, the pain, the suffering, and the hardship that he will never give up on their dreams. daniel says we're

building a multinational huge corporation in the electric vehicles here. and we believes that we will do this because we okay. just the best buy, consult to achieve all this. the team works beyond the usual hours, and in more than one sense, when we finish her working, our usual walker organ hours, we continue working as her just ukrainians. we go to rally, so do demonstrations. we take our flags, we have meetings with congressman, daniel and da foss. team are determined to become a big clear and the bike business, and continue to help those back home in ukraine. a reminder of the top business story we are following for you this our teslas, c, e o you on mosque has acquired twitter for 44000000000 dollars. the publicly traded firm will now become a privately owned company, owned by mosque,

who has been critical of the platform for blocking controversial content and users . well, that's our show for more. you can check us out at d, w dot com backslash business, and the d w news, youtube channel. we are also on facebook from b and the business team. carolyn berlin, thanks for watching. ah, here it comes. the 1st and truly electric mercedes, leaky west, is supposed to take the legendary s class into the future. motorsport expert and by shelley did not good on wants to know who is the new mercedes a pioneer, or maybe even the best electric car in the world. read and d, w. a joy,

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