max: elon musk likes twitter. he's an enthusiastic user and you can see why twitter would want him on the board. for musk, the master plan is about tesla. let happening here, i'm sure elon has big ideas for twitter around free speech but the game behind this is protecting tesla's most important marketing channel. ed mentioned it is elon musk's way of communicating with investors and raising an enormous, almost unlimited capital for tesla. it's also a great way he has been able to market himself in the cars. having a seat on twitter's board is going to help him in the long-term. yesterday, twitter's value went up bunch. tesla went up a lot less as a percentage but musk made a lot more money on tesla. his money is still in tesla and we should be thinking about it in those terms. emily: looking at these tweets today, i'm excited to share we are appointing elon to our board. it became clear to us in conversations in recent weeks that he would bring great value to our board. jack dorsey re-tweeting this and what you ca

held by elon musk.ll absolutely have complete control over twitter and it will be wholly owned, is the statement by elon musk. this is huge news, elon musk will own twitter. it doesn't mean that he just controls twitter a little bit. he is the indisputable king of twitter. he can do whatever he wants with it. he could even decide he will run twitter if he wants to. so this is absolutely huge news. huge ramifications now about how twitter is moderated. is donald trump going to be allowed back on twitter, for example? i suspect he will because all the news from elon musk says he is pro-free speech and does not want people to be banned from twitter. so huge ramifications for twitter and for politics as well. ross: he talks about making the algorithm behind twitter open source, so that we can all look at how twitter decides what we see. james: he has said that a few times before. most of the social media platforms, we don't know about the algorithms, what kind of behaviors are they encouraging and what are

we just heard from elon.ds very positive, very straightforward, but i think part of the reason why this acquisition is so polarizing is it does seem to, it does seem like he is siding with the conservatives and saying he wants to be more permissive of speech, and perhaps even the kinds of misinformation that have made twitter such a difficult forum to use. emily: but even in a town square there are consequences. there are laws, there are enforcement of those laws. how will elon musk, what are the rules elon musk's way? brad: that is exactly the question. he has not provided any specificity to the otherwise laudable statements. what i wrote about this morning was the status of @donaldtrump, with almost 90 million twitter followers. what is he going to do? he has expressed some skepticism of a permanent ban. so i think we are likely to see donald trump -- if he wants to, he told fox news he doesn't want to go back to twitter. i find that hard to believe. if he comes back to the service, what kind of reaction wi

with elon musk, i believe stocks in twitter are up more than 20% since elon musk disclosed his staketwitter on april 4. it is like just having him involved attracts investment and hype and excitement. could it go want to do great things? -- go on to do great things? >> the fact that he made an offer for the company and the stock price goes up is not the same as the company generating profitability. i think a bigger problem is not going to be a great company. the bigger problem, if elon musk is the dog that catches the car, is he going to do things that alienate many of the users on twitter that make it relevant? what makes twitter so relevant is the great debate that takes place all day, every day. if he does things like bring back donald trump, for example, he is going to alienate something like half to two thirds of his users and they will drop off the system and go somewhere else. he will lose them. they aren't going to be monetize of. -- monetizable. i don't know what he has in mind. i don't see his vision making this company great. >> tim, as we mentioned, a major shareholder in

two we want elon musk -- do we want elon musk or the saudi prince to control twitter and the answer isnt nobody to control it. deso is to social what bitcoin is to money. you can own your content for the first time and it's extremely exciting. caroline: what was interesting on the currently centralized website that is twitter, you had the like of the ceo of spx, the crypto exchange, talking about what he thought decentralized twitter could look like. talk to us about is there anyway you can reverse engineer this? he was talking about tweets going on, sent to choosers who have access to them. you can send direct messages as tweets and monetize it by having a protocol charging something per message or being about the user interface. is there anyway you could reverse engineer twitter in and of itself? nader: of course, and actually everything he described in his tweet already exists on deso. like i said, all anyone is talking about is blackberry and yet the iphone is right here, including end to end encrypted group messaging. if you want to see it for yourself, there are many apps listed

nothing that appeals to elon musk. in terms of what he would change, he would likely make it a free-speech haven, reversing probably many of the guardrails twitter has put forth recently to protect the health of the platform, users, and to make advertisers feel comfortable advertising there. he would probably also likely transform it into a subscription only service that doesn't rely on advertising to bring in revenue. i don't think that this would happen overnight. i don't think that he is 100% happy with the existing subscription model and he would want to improve it before implementing those changes but that would likely come of the deal materializes. caroline: to that point, would any change be a positive change? how do you view the discussion around the evolution of the product and whether it could inherently add value. what i took from the ted talk was that this ended up sort of being a not-for-profit endeavor he's taking on. >> i think you just pointed out what's going on here. i don't necessarily hear a public

elon: yes. a top priority i would have is eliminating the spam and scam bots and bot armies on twitter. [applause] these influence -- they make the product much worse. if i had at dudes going for every cryptosystem -- dogecoin for every crypto scam i saw, 100 billion dogecoin. 100 billion chris: do you regret sparking the excitement over doge? elon: doge is fun. i i think -- i like doge and memes, and it has both of those. chris: on the edit button, how do you get around someone tweets elon rocks and it's retweeted by 2 million people. after that they edit it to elon sucks, and other retweets are embarrassed. how do you and void -- avoid that meaning so they're not exploited? elon: you only have the edit capability for a short period of time. it would zero out or retweet favorite. chris: ok. elon: i am open to ideas. chris: in one way the algorithm works well. i wanted to show you this. this is a typical tweet of mine, lame. 97 likes. then i tried another one. [laughter] 29,000 likes. the algori

the like of elon musk. how do you think about that settlement and the controversy it stirred and the ongoing anger that still is within elon musk himself? >> i think it is basically musk's fiction. if he didn't want to litigate with the s.e.c., or couldn't afford it, all he had to do was say i'm not going litigate. i'll default and let the s.e.c. get a judgment and see what the court will order. but he spent probably hundreds of thousands of dollars on legal fees to execute a settlement that went back and forth. having done that, he should live up to his agreement. he agreed to do it. if he didn't want to do it, nobody held a gun to his head. caroline: the proverbial one. he said he was in a difficult situation financially, prescarce at the time. it is a different beast now but a beast currently having to analyze what perhaps a taking private of twitter looks like by one elon musk. the way in which he has conducted it, the all-important h20 number in it, is it $h20 number in it, is it something they will ta

elon _ presidency in 2024. let's talk about money, elon musk _ presidency in 2024.y in 2024. let's talk about money, elon musk is not _ presidency in 2024. let's talk about money, elon musk is not the - presidency in 2024. let's talk about | money, elon musk is not the world's richest man for nothing. he is good at making money, how is he going to make money from twitter? he at making money, how is he going to make money from twitter?— at making money, how is he going to make money from twitter? he says he doesnt make money from twitter? he says he doesn't care — make money from twitter? he says he doesn't care about _ make money from twitter? he says he doesn't care about making _ make money from twitter? he says he doesn't care about making money - make money from twitter? he says he | doesn't care about making money from twitter, he says he doesn't care about the economics, that was his quote. so he may not. he is worth northwards of $250 billion, so he may not have to worry about making money from it. there are different models you could use, you could use a sub

but elon is nothing if not genuine. as i said before, people have lost a lot of money betting against him. we will see how this shakes out. personally, i would love to see him stay focused on building great vehicles, because right now he is doing a heck of a good job with that. emily: steve wesley, early investor in tesla, early tesla board member. always good to have your perspective on the show. coming up, my exclusive interview with the ceo of aws. we talk about everything from amazon's acquisition strategy as valuations drop, and will aws ever beat spun off from its parent. would amazon be interested in buying twitter? ♪ emily: some announcements from the amazon web services summit in san francisco. amazon has taken a new step toward getting all of its power from green sources. the world's largest online retailer has reached feels to boost its access to renewable energy by almost third. most of it will come from solar firms in the united states. it will be used to supply amazon offices, warehouses, and data centers.

elon musk. name is holding off for now. >> todd: we'll tell you who that is, many guesss and pack in more when kara frederick joins us next. ♪ ♪ shhhhh.. to the twitter takeover, threat to democracy. >> todd: conservatives are remaining in celebration, not former president trump, brooke singman joins us live with more. hi, brooke. >> brooke: former president trump says he is not going back on twitter, but will use truth social instead, telling me he hoped elon musk would purchase the company, he expectss he will make improvements and says he's a good man. trump was suspended from twitter, facebook and instagram after the capitol riot in 2021, after the companies deemed his posts inflammatory. ron desantis says there is prospect the platform will be a place free speech can thrive. as republicans celebrate twitter new ownership, calling it a win for free speech, democrats renew calls for big tech crackdown by congress. senator elizabeth warren says the deal is dangerous for our democracy, while ca

elon will do a better job wiping that out.e will get rid of those bots better than the current management. tim: it's not just a button signal-boos. david: i'm sorry there are people in the world who post things disagree with. emily: hang on, guys. let's talk, let's talk, let's talk about donald trump before we reach the end of the segment. you wrote the book on trump. he has said he's not going to come back to the platform even if he is allowed, but how significant would it be if elon musk and his management team decide to un-ban the president? tim: i think we have to say what are we doing when anyone is banned and anyone who is banned is brought back in? what are the standards around that? and i think that has to be clarified. i don't think facebook, youtube or twitter has done a very good job of that. i think historically, newspapers have tried to address that problem and have found mechanisms for doing that in a real-time basis around categories of expression that involve lying and propaganda and manipulation. it's never go

what can elon do differently >> well, user growth is the key to everything. if you're able to onboard people that engage a lot with the platform, then monetization happens either in the form of advertising or in the form of subscription and the board and the management team for the last 15 plus years has decided to go the advertising route. that's what meta and everybody else has decided to do now musk is talking about potentially focusing on subscription, which is a completely different animal. not sure exactly how he's going to go about that particularly against the backdrop of an absolute free speech approach. advertisers may not be too crazy about how an absolute free speech environment so it's going to be interesting. we don't really know but my view is ultimately i think if he focuses on the product, the rest will take care of itself. how ultimately he monetizes it is almost irrelevant. >> watching this tick for tick, a lot of action around twitter stock. it's up almost 6% but the context is it's up 33% more than that this month since we first learned t

emily: do you think this is more about elon musk speech? how could this influence future moderation efforts at twitter? guest: it would be more about his speech if we stay in the world of twitter being a single centralized point of control over the rules. if we don't go into this decentralized direction we have been talking about for a few years, and instead there is just one decider in the middle, then elon musk's role is really important. i don't think we should foresee a world where twitter becomes a free speech mosh pit free-for-all. they are not going to make money that way. if you get onto twitter and help a bunch of racist comments or bullying or spam or all of these things users don't like and advertisers don't like, that is not away to retain users or to be profitable. i don't think we should imagine a world where if anything goes on twitter. at most, it's a world where twitter still imposes its own rules, but they are more influenced by elon musk but intentionally another direction where twitter steps back and gives users choice.

one hyper paranoid ms mvc personality elon musk a bad faith actor with a history of racial and elon muskpliy racist and biggest and bad faith actor and distorted views on started censorship. this is like, we are living in an altered universe here. meanwhile i paid twitter employees based in san francisco reportedly very distraught. they probably need counseling tonight. and too in shocked to speak at this time. the vapors, they can't believe it. by the way, elon musk is much smarter than me. he doesn't need advice from sean hannity, but elon, you might hear about this. if i were you come i would seriously consider firing most,s and bring in your own team. because i suspect a lot of them will try to undermine you and your success the entire way. now, according to political openly cried during a meeting about the takeover. i would fire him too. democrats and journalists and employees have lost touch with reality. the truth means nothing to them. they really do hate free speech and have no problem silencing and canceling conservatives. they fear the free exchange of ideas. they yearn to be

i think elon has shown _ any, do you think? i think elon has shown he _ any, do you think? think elon has shown he is _ any, do you think? i think elon has shown he is a _ any, do you think? i think elon has shown he is a bit _ any, do you think? i think elon has shown he is a bit of- any, do you think? i think elon has shown he is a bit of a - has shown he is a bit of a chaos agent, not afraid to shake things up. he has only done a few twitter polls, about editing tweets, and i think it is clear he will have an impact on the product and twitter will change in that many ways. that said, i don't think his world view is that different from jack dorsey, who led the company for many years, it seems like they have similar philosophies, so we will see how involved he is on the day—to—day. how involved he is on the day-to-day-_ how involved he is on the day-to-day. given it has set out his view _ day-to-day. given it has set out his view of _ day-to-day. given it has set out his view of being - day-to-day. given it has set out his view of being an - out his view of being an absolu

so because we were on elon we can start with elon which is in early 1999. elon is fresh off and exit. he's created a company called zip2 he's sold it and he's thinking about what comes next. based in part on the banking experience. he sees an opportunity in finance what he wants xcom to do is everything under the financial sun like xcom is going to be they're gonna be your mortgage broker your stock broker. they're gonna do your checking accounts. they're gonna do transferring money if you want to wire transfer, you're gonna go to them if you want to take out a line of credit, you're gonna go to that is the word as you put it. he's an xcom was supposed to be the global financial center, right? and this is but just context again 1999 dial-up internet most of us like most of the people who've been using the internet aren't using it for transactions people still nervous about entering credit cards in but even then milan says listen like we have this technology now that can help to upgrade bank mainframes and government mainframe which are generally written on

ever heard anyone political but elon musk. and as stupid as it is, he's not gonna bring back trauma. that's a lot of audible people are free not about. >> tucker: i think you're absolutely right. dave portnoy thank you so much for that. >> thank you. >> tucker: so there is but an invasion of sovereign countries has been invaded by millions of foreigners, oats our country is not ukraine. the department of homeland security says that nearly 20,000 migrants have come each day into our country, 20,001c administration trays and title 42 a life report on what's happening on a border. who shocked by it will talk to them next. ♪ ♪ this mother's day, show mom that you worship the ground she walks on. or in this case, stands on. the new anti-fatigue comfortmat from weathertech is a gift she'll appreciate all year round. it makes standing comfortable in the home or office and comes in a variety of colors and finishes. and for mom's vehicle, there's cupfone, floorliner, cargoliner, and seat protector. show mom that she deserves the best w

plus you have to deal with elon and trump?d him, he sent me a smiley emoji, that's all i got back from him you know, i think it's expensive and a big bet on something that still hasn't proven itself out as a business. but you can see some of these finance people doing that. and doing it a different way in this decentralized idea was pushed by jack dorsey and parag. i think as a private company it makes a lot more sense out of the limelight in terms of public thing, public attention and scrutiny at the same time, it's -- i think even if these rich people especially on the right -- on the more right side of tech complain about twitter or whoever complains losing money is another thing i think they like money more than going on about free speech. and so we'll see we'll see. we'll see. >> finally, kara, i see biz stone, one of the founders, wished ned segel happy birthday today. twitter cfo. and we'll get this employee meeting this afternoon i wonder, we're going to hear some leaks out of that, don't you think? >> oh, yeah. i thin

,'s- elon musk, it almost too many of us feels like it is elon musk,'s world, . feels like it is elone just living in it. _ feels like it is elon musk,'s world, we are just living in it. in - feels like it is elon musk,'s world, we are just living in it. in a - feels like it is elon musk,'s world, we are just living in it. in a way, . we are just living in it. in a way, this— we are just living in it. in a way, this is— we are just living in it. in a way, this is not— we are just living in it. in a way, this is not really— we are just living in it. in a way, this is not really going - we are just living in it. in a way, this is not really going to- we are just living in it. in a way, this is not really going to rock. we are just living in it. in a way, i this is not really going to rock the bedrock— this is not really going to rock the bedrock of— this is not really going to rock the bedrock of american _ this is not really going to rock the bedrock of american politics i this is not really going to rock the bedrock of american politics in i this is not really going to rock the| bedro

what is your reaction to elon buying this stake? katie: it is a very offensive way to get yourself an edit button. it is a very interesting move. elon is a power user, he knows the product well, he knows it is the place for the world conversation. first, it's really difficult. elon has been very vocal about making twitter and unfettered free speech platform. it is one of the founding ethos of twitter, it is not an absolute. and we see the consequences of what happens when there is no accountability when disinformation spreads. so, it's complicated. second, it is tricky because it comes -- it becomes another distraction for the twitter team. but it's basically what we would have called a monday. emily: on that note, that twitter shares have lancaster for years -- have languished for years despite all this activity, president trump on the platform, so many ups and downs you look at what happens on twitter on a daily basis. what do you make up the strategy that the current twitter team is taking without jack dorsey there, under new lea

elon musk becomes

elon wasn't happy. he did what he always did and sent insults to enter to warrant calling her an angry mom and referring to her as senator karen. so for so many reasons, being a freeloader and a selfish and disrespectful one, and for misappropriating black vernacular for misogynistic purposes, elon musk is the absolute worst. >> tucker: so all of a sudden the political party that supported almost exclusively by oligarchs like jeff bezos and google guys is telling you that it's dangerous for rich people to have too much control over speech. really? facebook is controlled by one person, mark zuckerberg, but that's not a threat because mark zuckerberg is happy to work on behalf of the democratic party. once again, if anything, we are understating what a big deal this move on twitter but you on musk is. if free speech is restored to even one big social media platform, it all comes tumbling down. charles payne, host of making money with charles payne on fox business, understands this. he's been watching this

is elon musk the answer? if not elon musk, is it a public utility? is it something else? teddy: i personally think it is probably not elon musk. there has been a lot of, a lot of people mainly elon musk allies and support the past couple days saying, look at uber. look at the washington post -- and look at bloomberg. the washington post bought by jeff bezos. there is a big difference between this model and what elon musk is proposing. bloomberg and bezos do not march into the editorial board rooms at bloomberg media and at the washington post and demand a change in coverage. they pledged not to. musk has essentially placed to alter the way information is shared and disseminated on twitter. so, there is a question of media consolidation and he is not the first billionaire to get into the media ownership game but he is the first we've -- to do so with the next -- an agenda behind that and that agenda is not the sustainment of media or public information. it has got a political bent to it. so, whether twitter or other platforms ought to be regular did as public utilities or

before elon musk started buying shares.orrect the problem with most conspiracies is that they are too clever for anyone to keep secret. in the case of anyone else on the board working with elon to originate this -- this deal, that would trip a number of legal redlines that i don't think people would be comfortable doing. i do think it is possible/likely that he was supportive of elon coming in and owning the company. probably because he felt like he was no longer going to be involved so this was another way out. i would just point out that direct distinction and contradiction to what he said five months ago when he said the company was in great hands and he had no concerns about stepping away. cries what have you heard from current twitter employees? what is it like working there? because i don't want to speak for current employees but for former employees and those of us who were there from the early times, it is just depressing. it is sad to see this thing that was built be looked after by someone who has not really thoug

well below elon musk's offer of $54.20, if i recall. jumping on the news of musk's bid for the entire empty and where we begin today team coverage of all of the angles on this story.lia boorst. and sarah on the world fallout jim stewart, "new york times" columnist and cnbc contributor and senior technology analyst the trade on twitter and saying likely to turn musk down ing, everybody julia, start with you. >> well, kelly, so many different questions still unanswered first i have, what is it elon musk wants to do with twitter? talked a lot in the past about interest in making sure that twitter is an open, free speech global town square also criticized twitter's reliance on advertising. challenge there is that twitter isn't entirely relying on advertising -- it is, 90% of revenue. many years before those could really replace that reliance on advertising. i just have to say, kelly, elon musk is expected to speak at the ted conference any minute now. monitoring that. that's going to be live streamed and we'll watch it and bringing you late

elon musk and twitter. he says he owns a 9.2% stake in twitter worth somewhere around $3.7 billion now. making him the company's largest shareholder. the question is how he will use this new power. let's bring in ed ludlow. how active will he be? quite the devil is in the. you are only eligible to do this if you have no intention of changing or trying to control the operations of the issuing company. you are a passive investor. and look at the board. at 27% gain on twitter. various asset classes not moving strongly in either direction but that gain is having an effect. come with me to my bloomberg terminal. this is the biggest jump in twitter stock since november of 2013. i know you were there in 2013. you witnessed the masses -- the massive surge in twitter. this is a stock that was underperforming year to date. but things have lost momentum in 2013. emily: i was on the floor of the new york stock exchange when twitter went public. i will stick with twitter. joining as is the general partner of moxie ventu

elon musk came famous as a businessman.rth by doing that. elon musk is not from the united states, he grew up in south africa, and get he has a keen and precise understanding of how our system was designed to work. as he put it on twitter last month, "free speech

he is no longer elon musk, he is elon.dave, madonna, shimkus -- >> carley: wow, up there with the greats. >> todd: is that reaction we just saw and lack of specificity overreaction? you mentioned midterms, is this overreaction to the fact they don't control the message for the midterms, putting out there what they want the voters to hear or not hear to sway the voters? >> joey: it is like losing your playground when you are a kid. they lost the play ground. they know a level playing field is coming and maybe we'll have debates on the issues as it involves crime and education and the board sxer unstable world and parents increasingly upset about what their kids are being taught. maybe it will be even debate. censor, suppress, you are locked out. covid came out of a lab in wuhan, can't talk about that. >> carley: elon musk says he will make the algorithm public so people can see what has been going on. joe concha, thank you for joining us. >> todd: great transition. janice dean, where physically are you? >> janice: in the ba

and elon musk is set to buy twitter

elon already promised he will crackdown on bots.e has expertise at his disposal, engineers who he can deploy to solve the problems. emily: but isn't anonymous speech free speech too? >> not if it is fake speech. hold on, let me finish. when you put bots on twitter and pretend to be someone you are not, when you violate the authenticity requirement, you are perpetrating a kind of fraud. that is not free speech. that is fair game under any kind of free-speech policy to take down those kinds of bots. i fully expect elon will be far more effective at doing that than the current management of twitter. emily: what is your reaction to that? jason: that is a standard that is in no way supported by free-speech legislation. that is in no way supported by a constitutional standard. it is just a notion he is exposing that anonymous speech somehow doesn't get free-speech protections. there is no case law that establishes that is true, he is just purporting that to be true. moreover, if that is the standard, what else are we going to remove? for

elon musk is fixated on free speech. jack dorsey stepped down as twitter ceo in the last weeks of november last year, and agarwal became ceo, elon musk tweeted a meme that had agarwal pushing -- as joe's install and -- joseph stalin. the idea was that elon musk was not a fan and there were ideological differences. there was a concern about content moderation on the platform. he would expect that to start. guy: why is the stock at 47, not 54? ed: the market being sanguine. the market not jumping the gun. i'm referring to the text of the letter that elon musk sent to twitter. he says if the offer is not accepted, this is his best and final offer. if it is not accepted, i would need to reconsider my position as a shareholder. it seems like every possible outcome is still on the table. this is the problem with the situation. if we are going on the regulatory filing, he says this is his final offer. what role is the s.e.c. going to play in this? this is the problem with how elon musk operates. there are notes that have come o

elon musk is not single largest shareholder. he has the eighth largest follower on twitter, tweeting this message to his 80 million followers. joining us to discuss why he might have made a move is in. it seems like like investors like it. twitter shares really jumped. >> yes. wall street is a weird animal. especially when it comes to elon musk. we have seen a lot of weird meme stuff type go on. when gamestop was going crazy, that stock -- part of it was when elon musk tweeted about it. those going and those other cryptocurrency crazy things, elon musk's name attached to it and became a thing. him getting involved with twitter drew some attention. there is a larger question about what he wants to do. he has influence over how the company will operate. >> a seat at the table. he is -- he has often criticized twitter when it comes to free speech. he asked people if twitter vigorously adheres to this principle, meaning allowing free speech which he says is essential to a functioning democracy. what is his game here? >> trying to fi

i'm karishma vaswani, in singapore. 0ur headlines: elon musk, has clinched a deal to buy twitter — elonatement, the two sides said they wanted to make the social media platform better than ever. the russian foreign minister, sergei lavrov, says nato is in effect engaging in a proxy war with russia, and that weapons delivered to ukraine from the west would be what he called legitimate targets. let's turn to the us now, where a judge in new york has found donald trump in contempt of court for failing to provide documents investigation into his business practices. the former us president has been ordered to pay a fine of $10,000 a day until he complies. the new york attorney general has been probing mr trump's business practices for two years. mr trump's lawyer said she would appeal the ruling. a partner in the new york law firm buckley llp, daniel r alonso, gave his reaction to the ruling. subpoenas are not optional, court orders are not optional, people comply with them every single day. it is very unusual for somebody to say, i'm not going to comply with this or keep arguing even after

no, just with elon in general. rolling my eyes over the last six months i love him this is unbelievable unbelievable i'll go wild on twitter. i'll go -- now i have to worry about my task masters here over what i said. i'm kidding. i'm kidding. i'm not going to do that >> we'll talk a lot more about the transaction this morning more on the breaking news that elon musk offering to buy all of twitter. >>> we are taking you inside amazon this morning. we are here in seattle with the company's ceo andy jassy we are joined by david limp. he oversees the coolest stuff that amazon is working on. including a new broadband satellite plan it will compete with elon musk backft ts. aerhi >> announcer: executive edge is sponsored by at&t business at&t 5g is fast, reliable and secure but all my employees need something different. oh, we can help with that. okay, imagine this. your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, like asap! so bas

elon musk wins twitter for $44 billion.ean banks kickoff reporting season, hsbc and ubs both the beating on profit despite the war in ukraine. our interviews with the cfo of hsbc and the ceo of ubs this hour. the pboc pledges support for china's economy, we will speak to george magnus up the oxford china research center next. china had put some things in place to give credit, there was worry on the market that meant that pboc would not fully step in. tom: there were cut to reserves of foreign effects for chinese banks yesterday, and you have a turnaround in u.s. assets and coming out with comment saying we are going to support the economy with additional measures. we are waiting to see with the proposals are from the central bank. arguably, officials in china have been reluctant to go full force to support this economy which is looking fragile. with the covid zero policy and the prospect of lockdowns. see markets closing lower on the mainland, investors they're not convinced that officials will step up and support the econo

eastern time coming up, we're digging into the elon empire. so much space if his brain we'll go inside of the mind of musk after the break when "fast ne rurns what if you were a global bank who wanted to supercharge your audit system? so you tap ibm to un-silo your data. and start crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create >>> welcome back here is a sneak peek at the cramer cam he's talking with the cfo of zoom and you could have cramer delivered to your in box with a cnbc investing club sign up now at join the club or using the qr code on your screen. back to today's battle royal elon musk fight for twitter and the potential impact on the growing empire he's building cnbc phil lebeau has what is under his umbrella and the thoughts in his head and the things he intend

dani: what is elon musk's motivation? is complex and there are a number of motivations in play. firstly, free speech. he sees this as a bedrock of democracy. he has been critical of censorship on the platform and thinks there should be more transparency around this, and a lot of engaged users on twitter are angry that someone like former president donald trump was censored whereas the taliban could still post freely. he likes that twitter is a polarizing platform and he wants those on the most left and right of the spectrum to be equally unhappy. i think this next week will be telling. essentially elon musk once a twitter to go back to its heyday. he is critical of accounts like barack obama and katy perry that have far more followers than elon musk but barely post content. if you were born before 1970, it is essentially a troll. dani: i feel like you were just trolling the boomers, i like it. laura wright will be on the program throughout the next few hours, keeping us on top of the twitter story. next is bloomberg marke

elon musk offering $43 billion to buy twitter. that prompted an emergency meeting today for twitter employees. so what happens now? good evening. i'm raj mathai. what you might not know about elon musk and that possible takeover of twitter. also, we're going hear from steph curry about his status for the upcoming play-offs which tip off on saturday night. but we begin with this, the rain off and on all day, and it's not over yet. you see the green still popping up on our exclusive storm ranger radar. that detects rain at a street level. nothing too heavy, but it's still a welcome sight. a slice of winter you can say here in the spring. and our snowpack is alarmingly low. we know that. but this storm bringing a lot of fresh snow to the sierra. let's walk over. we're joined by jeff ranieri. really good to see you. we were chuckling about it. it's nice to see the slice of winter because we couldn't get any winter here. >> we couldn't get this if we tried in january and february. totals good over e over the north bay. oakland hills, .

the company forward in that direction, only elon musk knows. just forward in that direction, only elonn that direction, only elon musk knows. just on the fact that i should point— musk knows. just on the fact that i should point out _ musk knows. just on the fact that i should point out it _ musk knows. just on the fact that i should point out it might _ musk knows. just on the fact that i should point out it might get - musk knows. just on the fact that i should point out it might get more| should point out it might get more unpleasant, there is already a fair amount of criticism that twitter is already quite a grim place to be, and as you say, the likes of donald trump, if they do come back onto the platform although he said he won't, what's that mean for users? what you see happening there? if what's that mean for users? what you see happening there?— see happening there? if you look at what joe see happening there? if you look at what joe biden _ see happening there? if you look at what joe biden says, _ see happening there? if you look at what joe biden says, he _ see happening th

so elon h musk has bitten off a lot here. f he's famously smart.amab he probably understands that .ly but what is it like to run a digital media property that may tha be out of step with the hurt? portnoy has been doing that for a long time. he funded virtual sports . we thought we were asking him why so important that you don't run a political site butdo you don't want to be controlled? they've gone after your personal life. they really like actually tried to destroy you for real.in what do youk think elon musk is in for? well, he has one big advantage over me. tw he controls now twitter and he's the ultimate say, you know,, elon said something tru that rang true to me. he said if you're running this correctly, the 10% on each side are goingng to and that's the thing about this whole elon musk buying twitter. and i even want to come on the show, you know, talktu tf say people thinkro i'm politica, but all the complaining is from one side. it's's all from rightsized, not from the other. you just want an even playingng field.

be making this kind of moon on elon musk's part?— elon musk's part?npredictable and we - elon musk's part? well, he is unpredictable and we also - elon musk's part? well, he is i unpredictable and we also don't really understand fully what his true intentions are and i don't think he necessarily will care too much about the rules and regulations that may or may not arrive in different countries. i think parties because he has the money and the interests of doing this and he is the world's richest man and also he has issues with the sec in the united states and his use of twitter and this will certainly rile them about how he is performing on the platform and i think he doesn't like the way that the platform he has got a huge following of 80 million on there, how it is run and how he wanted to be run in the future so i think there's lots of factors in play here but i don't think he cares too much other than what he wants out of it.— wants out of it. briefly, what is twitter— wants out of it. briefly, what is twitter doing _ wants out of it. briefly, wh

elon musk has spoken about free _ people. elon musk has spoken about free speech _ people. speech when - people. elon musk has spoken about free speech when it - people. elon musk has spoken i about free speech when it comes to twitter. 0ne about free speech when it comes to twitter. one of the richest men in the world, facebook, instagram, whatsapp, owned by mark zuckerberg, tiktok owned by the chinese government. what are the alternatives? that by the chinese government. what are the alternatives?— are the alternatives? that is exactly what _ are the alternatives? that is exactly what we _ are the alternatives? that is exactly what we need - are the alternatives? that is exactly what we need to - are the alternatives? that is exactly what we need to be l exactly what we need to be asking ourselves. what policies are needed to ensure we have more competition in the tech markets. first, us congress should pass the various acts that would allow for more competition. beyond competition, we need to structure social media in a way that isn't privatised in these walled gardens.