elon musk is denying it.avid: categorically, elon musk -- ed: categorically, elon musk has denied he spoke directly with vladimir putin. one source said he spoke to elon musk about two weeks ago i had not planned on revealing that conversation but decided to in his own newsletter after he saw elon musk's comments on twitter about ukraine and he said that muscat told bremmer he had spoken to putin about the issue of ukraine, which was controversial. musk denied its, then went further and said he hadn't spoken to putin for 18 months, which predates the current conflict in ukraine. emily: d.j., why do you imagine musk would present the starlink issue to the public, and whether he spoke to putin and the controversy over his twitter poll in general? d.j.: i find it dumbfounding. musk got into a lot of trouble, politically as well as reputational he -- reputationally, for making this statement about russia. he got a lot of favorable press in russia, not a good thing. the timing is very bad. because it is on the hee

elon musk. this is bloomberg. ♪ emily: welcome back to bloomberg technology. ily chang in san francisco. back to today's top story. ed ludlow and the whole newsroom really following the musk twitter saga. you have been talking to some folks at twitter. how has this been going down on the inside? ed: when news broke that elon musk had sent twitter a letter saying he would proceed with the original terms, in number of very wide range of twitter staff were in a three hour long quarterly strategic planning meeting and apparently the first 15 minutes, the ceo of twitter was delivering some opening remarks and pretty much for the entire duration, not a single word was said about the news that was breaking around these employees. there was no official comment. we later in a memo that was shared to bloomberg news or shared with the bloomberg news, once it was already in the public domain, employees were informed of what was going on. it's a very tough time right now if you are a twitter employee. especially if you are working on the product. you don't know where you st

twitter is talking with elon musk.eah, they have not said sure we trust that this offer you have made is legitimate and we would do this. we have not seen any joint statement or any end to the saga. we are staying tuned for what they may decide, and hey, if they do not come to an agreement, then we might see elon musk deposed for next couple of days and disco to court as scheduled. emily: our understanding is twitter could ask the court to provide a consent judgment, if you will and create an agreement between the court, twitter, and elon musk. not just twitter and elon musk, that would be enforceable in a court of law. we are getting a glimpse into his vision for the social media platform. what does he mean by the x app? >> he talked about the idea of having an app that would compete with wechat in china. we have seen this from mark zuckerberg, evan spiegel, no one has pulled it off. i think that is a big ambition of a lot of folks. it's just that the internet may not work the same way here. we will have to see. emily

the question of whether elon musk would buy the social media network twitter. een a six—month roller coaster since mr musk first made his offer in the middle of april. having struck a deal soon after, in earlyjuly the worlds having struck a deal soon after, in earlyjuly the world's richest man revealed he'd changed his mind and intended to pull out of the deal. that sparked a legal battle over whether mr musk should be compelled to uphold his promise. now he says he will go ahead after all. a few hours ago he tweeted: it's understood this app would mirror china's wechat app, which combines social media, instant messaging and payment facilities. mr musk went on to say the twitter acquisition would probably accelerate the x app by three to five years. here's samira hussain in new york. it was only six months ago when elon musk agreed to buy twitter for $41; billion. since then the billionaire has spent most of that time trying to get out of the deal. although twitter says roughly 5% of users are fake accounts or bolts, elon musk claims the number is much higher. a

things are never dull with elon musk. hanges, and lots of uncertainty at what mr musk describes as the world's virtual town hall. let's speak to mike proulx from the tech researchers forrester in boston massachusetts. the benefits from elon musk�*s ownership, and who loses out? there is a lot of uncertainty right now. elon musk, him some self in some ways benefits, but we don't know yet and that is the big unknown. there is a lot of uncertainty happening, there is a lot of shock and awe at the moment that the deal actually went through, so we will see what happens. the shareholders _ will see what happens. the shareholders have - will see what happens. the shareholders have made away like bandits on this, they have made a fortune.— like bandits on this, they have made a fortune. they have, for sure, made a fortune. they have, for sure. and _ made a fortune. they have, for sure, and certainly _ made a fortune. they have, for sure, and certainly the - made a fortune. they have, for sure, and certainly the exiting l sure, and

controlled privately. >> yes, and there were also questions about whether elon musk was going to be shifting focus away from twitter and ad support service. and that could be problematic. i think what i understand from sources is musk definitely understands twitter needs to maintain the ad business, but as it tries to diversify its revenue screens and grow out other parts of the business he does need to maintain that core business i mean, twitter is among one of many companies in silicon valley that has halted its employee growth during these macro economic pressures, but i think it's an employee base that has a lot of questions, and i would expect musk to want to talk to those employees sooner rather than later to make sure many of them don't head for the door >> twitter shares up almost 13%. tesla shares interesting up a percent. >> i want to go back to the twitter thing. where are these people going like if you have so much of an issue with elon musk and i understand some of the reasons why you might, this is not the environment where it's like, oh, i'll just jump to another e

it started with a poll by elon musk. >> elon musk sent several tweets throughout monday. the two key points were that first he suggested a negotiated settlement between ukraine and russia, implying that crimea, which is an annexation of russia, should remain with russia for good. obviously these are strong words for elon musk we saying. -- for elon musk to be saying. he posted a a further poll later in the day saying citizens of those areas of ukrainian territory that russia is trying to annex, whether or not they should be given an opportunity, to vote on their own futures. there has been a sharp reaction from all corners of social media and diplomatically to what elon musk has had to say. emily: including from president himself, responding with a twitter poll of his own. which elon musk do you like more, one who supports ukraine, or one who supports russia? david, what is your take on all this? david: it's fairly easy to have a take on, i must say. i think musk falls prey to a number of dangerous ideas. one is, if i'm so rich, i must be smart enough to solve anything. t

i think elon musk _ new idea of this x app? i think elon musk has _ new idea of this x app?s x app? i think elon musk has docked in - new idea of this x app? i think elon musk has docked in the l elon musk has docked in the past about why does the us not have an app that brings everything together. in china there are popular apps with search engines, e—commerce, and social media all in one app but in europe and north america no company has been able to crack that and i think that is what elon musk is talking about. anything like that would be very much in the future and would take a lot more investment than the 44 billion dollars he has to pay for it. we shall keep a close eye on it. thank you very much for your analysis. we will have more on that as well our business coverage. stay with us on bbc news, still to come: a special concert marking 60 years since the world premiere of the first james bond film. this was a celebration by people who were relishing their freedom. they believe everything's going to be different from now on, they think their country will be respected

didn't love the idea of elon musk owning twitter because he is an investor in tesla and spacex. f supporting elon is knowing you are in for an unpredictable ride. you just have to accept that you don't know how this is going to end. for those who are sticking around, why? what are they preparing for? >> elon has a good track record of product improvement and innovation. look at what spacex has done. lots of twitter insiders i have spoken to are excited about the prospect of the company being owned by elon musk. the difficulty is that the uncertainty outweighs what they know about the changes coming for the company. the threat of layoffs is real. a lot of folks in twitter work inside that building are worried for their livelihood. i think a lot of change is to come. right now the focus is elon musk trying to understand how the twitter platform and the code that underwrites all of it really works. emily: ross gerber also said he thinks the number of layoffs will be more like 50% rather than 75%. any confirmation on that? ed: no. musk denied he knew where that 75% figure came from.

elon musk is officially _ minutes? elon musk is officially the _ minutes?n musk is officially the owner - minutes? elon musk is officially the owner of l officially the owner of twitter. long—standing executives and the ceo will walk out of the building with security, so it looks like he is already leaning out and putting his stamp on one of the world's most... inaudible. you mentioned executives have been walked out of the building, who and why? fine been walked out of the building, who and why? one of them is the _ building, who and why? one of them is the ceo, _ building, who and why? one of them is the ceo, it _ building, who and why? one of them is the ceo, it was - them is the ceo, it was expected that elon musk would fire him. some report that elon musk himself wants to become the co—ceo. also the general counsel, the head of safety, who is an interesting executive, she has been responsible for all of the content moderation. musk had supported critical tweets of her, which were attacking her earlier this year. he supported it, so he has been critical

elon musk has completed his $41; billion deal earlier this year, mr musk attempted to back out of theurchase. but he announced it would go ahead shortly before the dispute was due to go to court. the tesla boss has said he wanted to acquire twitter to help humanity, rather than make money. earlier, i spoke with our north america tech correspondent james clayton about the deal. twitter haven't confirmed it yet, but multiple it yet, but multiple sources are saying the deal is now complete, twitter investors are saying the deal is now complete. so we can be pretty confident elon musk is now the owner of twitter. a remarkable deal that was on and off again, then it was on again. we didn't know what was going on. right up to the last second, people were still thinking, look, elon musk is erratic and capricious, could he back out again? it does now appear that is not the case, and that elon musk owns twitter lock, stock and barrel, and that could have huge ramifications for the company. among these rumours and reports, stories about several executives being fired — what do we know about tha

emily: which elon musk do you like more, one who supports ukraine, or one who supports russia? vid, what is your take on all this? david: it's fairly easy to have a take on, i must say. musk falls prey to a number of dangerous ideas, one is, if i'm so rich, i must be smart enough to solve anything. that is ludicrous. he also is an attention hog, and is starks -- his stocks are off tremendously, it might be that he is in a bad mood because of that and he's trying to get attention to distract himself. it is all crazy stuff, he should not be involved in this issue. emily: ed, talk about the reaction we are seeing here. we've heard from david kirkpatrick now and we heard from analysts who cover tesla and cover elon musk foss companies. what else are people saying? ed: we heard from ukraine's ambassador to germany. i won't show you all he said in the course of his tweet due to the coarse language he used. he implied that no ukrainian would now buy a tesla product in the future, based on what elon musk had said. this is slightly anecdotal, but many tesla vehicle owners and shareholder

in the past hour, elon musk has completed his $41; billion deal to buy twitter, after months of legalattles. earlier this year, mr musk attempted to back out of the purchase. but he announced it would go ahead shortly before the dispute was due to go to court. the tesla boss has said he wanted to acquire twitter to help humanity, rather than make money. let's go live to san francisco now and talk to our north america tech correspondent james clayton. this correspondent james clayton. has taken a while bu has this has taken a while but he has finally done it.— has finally done it. that's what's being _ has finally done it. that's what's being reported. i has finally done it. that's what's being reported. ll has finally done it. that's - what's being reported. i have approached twitter and they haven't confirmed it yet, but multiple sources are saying the deal is now complete, twitter investors are saying the deal is now complete. so we can be pretty confident elon musk is now the owner of twitter. a remarkable deal that was on and off again, then it was on again. we didn't know what wa

the bird is freed, says elon musk. , trust and safety. the man who made the decision to permanently suspend donald trump. what does all of this mean? how is a musk takeover going to shake up the platform? it takeover going to shake up the latform? . ., ., platform? if confirmed, that would be — platform? if confirmed, that would be huge, _ platform? if confirmed, that would be huge, he - platform? if confirmed, that would be huge, he has - platform? if confirmed, that| would be huge, he has swept away the entire top team of twitter, and the chief executive parag agrawal, it's a real statement that said, i am the boss of twitter and i don't like the direction twitter has been directed in. parag agrawal, the chief executive, and previous to that, jack dorsey, the former ceo, are the two people elon musk really believes mismanaged twitter. what we are now going to see, almost certainly, is more free speech and potentially an invitation to donald trump to invite him back onto the platform. this has massive ramifications for

billionaire elon musk says he is willing to buy twitter after all. 1; billion deal to acquire the social media platform, mr musk sent twitter a letter saying he would buy it at the agreed upon price. the arrangement could end a bitter legal dispute, and allow the two sides to avoid a messy public trial set to begin in a couple of weeks. following the announcement, in the last few hours, the world's richest man tweeted, "buying twitter is an accelerant to creating x, "the everything app". the bbc�*s technology reporterjames clayton is in san francisco with the latest. elon musk has spent the last few months saying twitter has a way to many fake accounts than it acknowledges. it was pretty surprising when we learn to today that elon musk in fact doesn't want to buy twitter and for the price agreed. twitter have had their fingers for the price agreed. twitter have had theirfingers burnt for the price agreed. twitter have had their fingers burnt by elon musk before. you can see from the statement they have put out that they are nervous. they pretty much s

the world's richest man, elon musk, has completed his long running £38 billion takeover of the social, twitter. the entrepreuner tweeted "the bird is freed," in an apparent reference to the deal closing. mr musk also posted a longer statement on twitter, saying he didn't buy the firm "to make more money. "i did it to try to help humanity, whom i love". there are reports that a number of senior executives have been sacked and escorted out of the company's san francisco headquarters by security. elon musk has previously been critical of twitter�*s moderation policy. twitter has not yet confirmed the takeover, but an early investor in the company told the bbc that the deal had been completed. our north america technology reporter james clayton has the latest. when elon musk made a surprise entrance into twitter this week, he was carrying a bathroom sink. "i am in twitter hq, let that sink in," he said. it's been a long road to get here, an unbelievably topsy—turvy deal. it's worth reflecting on it. when elon musk had an offer accepted to buy twitter in april, he could barely contain his

the dow is on track for its best month since 1976 a busy weekend for elon musk and twitter. layoffs as new controversies swirl. plus, chinese workers flee a covid lockdown at an iphone factor we have the details straight ahead. the second hour of "squawk box" begins right now ♪ >>> good morning welcome back to "squawk box" right here on cnbc live at the nasdaq market site in sometimes square on halloween. is this halloween eve? no, it's halloween we are on halloween, technically. i'm andrew ross sorkin becky quick is here looking very halloweenish joe kernen is here -- >> halloween or halloween eve. >> halloween happens in the evening -- >> halloween is mischief night. >> that would have been last night. >> yes. >> you didn't -- >> we were doing activities last night -- >> were you out? >> not getting candy. >> were you begging people's houses >> no. i thought that's what you were saying >> your house, that's a separate issue. >> and ghosting? do you know ghosting >> i thought that's when you don't respond to the text. >> no, no. ghosting is when you go out and ring a person'

july 12, twitter sues elon musk to force them to complete the deal. musk countersuit.ctober 4, after a trove of inner circle techs are revealed in court filings, elon musk revives his bid at the original offer price, potentially avoiding a courtroom fight. october 6, the delauro chancellery judge pauses the case, giving the parties more time to complete a deal. on 5:00 p.m., it hard deadline is set, otherwise the trial resumes in november. emily: to some of the m -- just some of the elon musk twitter saga we have been living through, but finally the deal seems imminent. in a tweet to advertisers, elon musk said he wants to make twitter a town square with highly relevant ads and less of a free for all hellscape. we are bringing in sarah frier. our latest reporting is engineers from tesla have gone to twitter to review their code, and that the twitter code has been frozen ahead of a pending deal, so no changes can be made at the 11th hour. what is the latest? sarah: it looks to us that the tesla engineers are there to review the code, to help elon musk assess it and to t

he's a genius, he's got this all figured out he's playing them like a poker hand, and elon musk ys wins. what happened? >> well, look, you read the discovery for yourself, and what you see is that at almost no part of the process did elon seem engaged with the details. we have example after example of elon trying to renegotiate the deal and ask basic questions about it after he had signed a deal to buy the company, so in some ways it's not surprising that after his lawyers would sit him down and explain what he was about to go through at this trial that once again he had a change of heart. >> i wonder, though, tell me what you think about this idea, some of these very smart, very technically capable people have much more to spend than the investors at home and a lot less to lose. >> well, that's exactly right, you know even if this deal went catastrophically for elon, he's going to be eating well for the rest of his life that is what has made his acquisition of twitter a little bit scary, the sense that he wasn't personally invested in how twitter goes as say the average employee

it is the elon musk carnival _ musk at the helm?lm? it is the elon musk carnival that has begun . musk at the helm? it is the elon| musk carnival that has begun and musk at the helm? it is the elon - musk carnival that has begun and we are all on the roller—coaster. what are all on the roller-coaster. what do ou are all on the roller-coaster. what do you mean _ are all on the roller-coaster. what do you mean by — are all on the roller-coaster. what do you mean by that? _ are all on the roller-coaster. what do you mean by that? how - are all on the roller—coaster. what do you mean by that? how will this roller—coaster go? element i don't know how it will end up on how many twists and turns that there will be. elon musk now owns twitter, obviously did not want to buy it, it looks as though he has been compelled to thanks to the core in delaware, and now he's trying to put it into his own vision, saying he is doing it for the good of humanity. for the good of humanity you might want to switch it off rather than do anything to it. this

elon musk himself that he overpaid for twitter.a gal view that twitter has a lot of potential that is not built. that has not been -- not fulfilled. not a well run, has not been monetized like facebook, needs a better administration, someone like elon musk who is a proven business leader could do well. he may be able to turn into something profitable. the thing is, it is elon musk he is greater the most viable car company in the world come if he says he can do something a lot of investors will say, how much do you want? that is how he secured a lot of ending. the chief executive -- funding. the chief executive oracle gave him a billion dollars to buy twitter. host: thank you very much, james, good to see you. pakistan's former prime minister has begun to lead a weeklong march of his supporters to the capital of islam demanding early elections. he lost a confidence vote in parliament, we are in nepal. >> right now i am here, when the iconic spots, former prime minister and chairman asked h supporters to gather here so he can move fo

elon musk is likely to be focused on bringing in costs. >> we are just seeing elon on twitter, whereaying buying twitter is an accelerant to creating the everything app so we continue to watch that story. he's trying to avoid legal action. the other big determinant on where the markets go is how hawkish central banks are and that is the major sentiment driver today. how long do we see that dip lasting for? >> not that long. that is what strategists are saying. the reason we have seen this retreat in the dollar is the expectations that the fed could be less hawkish moving forward and a lot of strategists focus on what the rba data and what really came through on the 25 basis point move that was less hawkish than what had been expected by a lot of economists out there, but the view is that we are nowhere near close to the fed at making such a move as well. neither is the boe or the ecb so we should not be extrapolating too much and technicals suggesting we have room from the dollar to start to rebound again. take a look at this chart. the bloomberg dollar index very close to that key 1

the billionaire elon musk has made a career out of grandiose business ventures. he shape his new acquisition? elon likes these profound challenges of humanity, like going to space, or, like, completely changing the carbon emissions systems and transportation and energy, and now he's trying to fix the problems in social media. donald trump says that twitter is now in safe hands, but a new committee will decide whether he will be allowed back onto twitter. we'll be asking whether mr musk�*s belief in absolute free speech might lead to fewer restrictions on misinformation and abuse. also on the programme... after months of political deadlock at stormont, a snap election is called in northern ireland but no date is given. you have shown absolutely no remorse, and it appears that you are in complete denial. a murder sentence is televised for the first time in england and wales. jemma mitchell is given life for the killing and decapitation of her friend. and the rock'n�*roll legend with a scandalous private life. jerry lee lewis dies at the age of 87. coming up and sup

you could see elon musk, once they get it all signed off on, you could see elon musk owning twitter. melissa, you mentioned the financing and how the markets have changed i did want to refer people back to it because morgan stanley and the banks that are financing here certainly can take a quick look back. okay, that's what we have to sell $6.5 billion term loan $3 billion secured bridge and $3 billion unsecured bridge as you referenced, melissa, things can change a bit in the markets. what's the ultimate price going to be? where is the wiggle room there in terms of what l libor adds u to, is it enough probably not they may have to sell some of the debt at a discount, meaning taking a bit of a loss then the $7 billion equity commitment that musk got from all those people, larry ellison, mark andreesdrandr ee soandresoe ready to write the checks. >> why are twitter shares trading below $54.20 what is your guess >> they were because there was uncertainty about what this meant, and then they were halted my expectation would be when we see the letter, we resume trading, they will trade v

elon musk revealing the company plans to deliver the vehicle to pepsi in december. fter he unveiled the truck which was set to be released in 2019 musk reiterated the truck would travel 500 miles on a single charge as was initially touted no word on how many trucks tesla plans to deliver to pepsi, seema. i'm excited to see these on the road >> i am, too >>> to our top story and highly anticipated jobs report out later this morning economists expecting employers to add 275,000 jobs last month and the rate to hold steady at 3.7% joining me now is amy glaser at adeko. the latest data shows that hiring has slowed down we have seen jobless claims tick up data is pointing to a labor market slowing the question is to what extent >> good morning, seema it is still a candidate driven market we have seen a reduction in job openings there is still 1.6 jobs out there for every unemployed person we are still seeing it this take the lead. >> when i look at jobs report and the sectors hiring the most, it was retail and hospitality. technology with big losses there. >> you know, des

we did very little from elon musk yesterday on the tesla earnings call.witter's earnings are coming up soon. how is that going to work? give us the latest. >> we think they are soon, they have not set a date yet. i am wondering if they are just hoping this whole thing gets closed before they have to go through with it. not only are they projected -- i think i saw a projected decline, but you saw what happened with snap. the last thing they want to do is go through that publicly while they are still waiting for this deal to close. elon musk yesterday, in my opinion, he said some stuff that made me think this deal is going to happen. normally when he talks about the deal he goes well, if this thing finally happens, maybe. yesterday, he seems to say he was excited. even saying he was overpaying. it was suggesting he has already done this thing? i don't know. i got the sense when i listened to it that he feels this thing is done it if he feels it is done, that makes me think it will get done. emily: what do you think? we are about to enter a new era. >> the e

we know that elon musk has agreed again to pay $54.20 per share to purchase twitter.he original deal agreed to last april for he pulled out. we are now hearing from twitter that elon musk is being investigated by federal authorities over this purchase that would be worth about $44 billion with the original $54.20 per share agreed back in april. a transaction is expected for october 17 and we are hearing from twitter that elon musk is being investigated. coming up next, we get the outlook for the philippines. we will ask our guesstimate the future path of policy and action to stem the slide of the peso. this is bloomberg. ♪ millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... add a line to your existing plan, or see for yourself how easy it is to save by talking to our

elon musk plans to cut twitters workforce by 75%.reporting on documents detailing these plans to allegedly cut twitters workforce. of course, we have been talking about whether elon musk would make big changes especially when it comes to staffing. the deal is not done yet, we are still waiting for the october 28 deadline for a deal to happen. if elon musk does close the deal by twitter, does cut 75 percent of the workforce, you're talking about thousands of people. twitters workforce is currently 7500 people. 75% of that is a significant cut. we will continue to follow the story and bring you headlines as we have them. meantime, we want to talk about workplace trends. the pandemic has brought about many trends including remote work. here talk to us about this is arianna huffington. so great to have you back as always. we have been hearing term quiet quitting which speaks to employees deciding not to go above and beyond their listed responsibilities. why do you think that is? >> great to be with you. i am here at the masters a scale c

moo elon musk is expected to bring back vine as a competitor to tiktok musk already garnering more than 1.6 million votes, dom i remember vine. i thought it was pretty fun. >> we'll keep an eye on that we appreciate it. >>> to the latest on the home invasion attack on the husband of house speaker nancy pelosi. police have yet to offer a motive on the suspect to paul pelosi that attack spurring plenty of finger pointing and creating fears of political violence with just one week left to go until the mid-term elections drew petrimoulx joins from us d.c. drew, how is this situation developing >> reporter: dom, you have seen it on your social media acts the rhetoric has been heated soming that leads to the environment that these incidents can occur. after an attack on the family of the top democratic party leader, politicians from both sides of the aisle are taking to the air to condemn the violence. >> we have to figure out how to bring the country back together with a civil conversation and we have no violence what happened to paul pelosi is despicable and unacceptable. >> i think it is r

, who knows what elon musk will do with twitter but the fact that he's not their regime and willingke important changes is a threat, i think you will see all of government approach to go after elon musk and punish him and to all they can to stop him from bringing forces of free speech back to twitter. elizabeth: the unit would do the review. the report is his concern over foreign investors musk is pulling together. the sovereign wealth fund and when it comes to the startling unit, they are reportedly concerned his recent threat to stop supplying startling satellites to ukraine, his overtures between ukraine and russia, the white house reportedly thinks is peace plan is too nice to putin, elon musk is offering an idea. >> exactly. it's all a force, a fig leaf. foreign investors in every media company in america has foreign investors, nothing to do with this. this has to do with the threat elon musk poses to the establishment particularly in washington, the political establishment over twitter, that's what they hate. nothing to do -- certain foreign investors. elizabeth: they don't li

elon musk says he is willing to purchase twitter after all after months of trying to back out of the e the platform. mist musk sent twitter a letter in which he said he would buy it at the agreed—upon price. that could bring to end a very bitter legal dispute and allow both sides to avoid a messy public trial said to begin in a couple of weeks. following the announcement in the last few hours the world's richest man tweeted buying twitter is an accelerant tweeted buying twitter is an accelera nt to tweeted buying twitter is an accelerant to creating acts, the everything app. 0ur accelerant to creating acts, the everything app. our process —— our reporter has the latest. elon musk has spent the last few months saying twitter far more fake accounts in the company is publicly acknowledged. he has reduced the reputation of twitter so it was surprising when we learn today that elon musk does in fact want to buy twitter and for the price agreed. twitter have had their fingers for the price agreed. twitter have had theirfingers burned by elon musk before. he is wanted by the company then he

we've got dalio and elon musk and start with elon at the moment. you had a opportunity on a private setting to talk with him. what's your thoughts about him? i'm calling it throwing in the totowel and he thursday and saturday to buy twitter and probably realized that . >> i wouldn't call it that but he's a very smart person and he's playing chess when the rest of us are playing checkers. my impressois that he thinks he did -- impression is he thinks he can add value to twitter about changes he wants to make and the is intellectual value and firm imact on it and it's a challenge and i think he feels he can get it done in a relatively short period of time and make changes that will make the company worth more. liz: i understand what you're saying and he's absolutely brilliant and playing chess on certain levels when the rest us are playing go fish with the cards. he underestimated with his power in the world and where his net worth was falling and it's a very mercurial to buy it and it's a pretty sobering. >> these kind of transactions and you agree

elon musk's lawyers had asked for time to seal the deal, but twitter questioned musk's motives prayed keenan. su: it is a partial win. he got the timing he asked for but has a deadline to get the deal done of the case will go forward. a flurry of court pleadings went before the judge in delaware, elon musk lawyers earlier asking the judge to pause the lawsuit before the october 17 trial date, saying it won't really harm twitter and they could get the deal done. twitter objected, saying any delay was an invitation to further delay and they said he should have gotten the deal done in a week. that is all it really takes. twitter's position was, until elon musk commits to a close, twitter is entitled to its day in court. the ruling from the delaware judge was surprisingly swift, she grants elon musk until october 20 to complete the deal as he asked, but if the transaction is not done, she will set a new trial date in november. shares were up 3.5% after hours, indicating optimism on the part of wall street that they see this new path giving twitter certainty. but as time went on in trading

elon musk has completed his takeover of twitter.e wasted no time firing four executives, including the ceo. he says he wants more free speech on the platform. that may mean a donald trump comeback. reporter: from avid user to its largest shareholder, a new era began for twitter as elon musk to control. in his first post after taking over, the ceo wrote, the bird is freed. an apparent not to his wish to see fewer limits on what users can post. elon musk, who describes himself as a free speech absolutist, says he wants every free speech about on twitter. critics fear it this could allow hate speech and disinformation to spread. among the first to react to the buyout, was the government. >> we will closely watch all the possible changes to the platform in the coming months. we will draw our own conclusions. that could lead to asking ourselves whether we want to remain present on twitter or not. reporter: cap european union officials are also watching closely. one responded to elon musk's tweet, saying in europe, the bird will fly by ou

according to bloomberg sources, elon musk held a video conference with the bankers. the intention, according to musk, is this deal closes by friday. 5 p.m. eastern time on october 28 was the deadline imposed by the delaware judge when she issued a stay of proceedings because musk had reverted back to the original $54.20 a share offer. it is another sign we are moving forward. we use twitter stock as an indication of wall street sentiment that this deal gets done. there's a lot going on this week. we are hoping we get some resolution on this sooner rather than later. kriti: $13 billion of financing on the line. i want to ask about the stock movements because we are still looking for $54 20 cents. you've seen it come off the 53 handle, trading just shy of that level. what are we waiting for from a stock perspective? ed: you read into this one of two ways. the stock at $52 90 eight cents, there's a little hesitation in the market whether the deal goes through. elon musk's behavior throughout the course of this situation has been hard to track. but on balance, the market

why the change of heart by elon musk?is legal team told him it would be very difficult to begin the case that would begin in two weeks in delaware. depositions were set to begin later this week for mosque. twitter exacts at already been deposed. text -- twitter executives had already been deposed. there were text messages that mosque would have to explain, including one from his ex-wife that he should make twitter more political. those are the kinds of things perhaps he did not even want to deal with. so, we go back to square one. he wants to put the deal back on, pay the original offer of $42 billion. he is proposing the original $54 20 cents per share proposal to go forward. and as before, it is all contingent on him getting financing. bloomberg reported the deal, the stark that the stock started taking off and then mosque filed the proposal. -- and then musk -- then elon musk filed the proposal. the stock rocketed. ed there is a smaller gap indicating that now, -- and there is a smaller gap indicating that now, wall st

donald trump suing cnn will get a closer look and elon musk promises to buy twitter after all. ♪ thisthe shawl off. i did it. is he looking at my hairline? my joint pain isn't too bad. well, it wasn't this morning. i hope i can get through this. is plaque psoriasis or psoriatic arthritis making you rethink your everyday choices? otezla is a pill, not a cream or injection that can help people with plaque psoriasis achieve clearer skin. otezla is proven to reduce joint swelling, tenderness and pain in psoriatic arthritis. and no routine blood tests required. don't use if you're allergic to otezla. otezla can cause serious allergic reactions. it may cause severe diarrhea, nausea, or vomiting. otezla is associated with an increased risk of depression. tell your doctor if you have a history of depression or suicidal thoughts or if these feelings develop. some people taking otezla reported weight loss. your doctor should monitor your weight and may stop treatment. upper respiratory tract infection and headache may occur. tell your doctor about your medicines and if you're pregnant or planni

it's important to say that the white house is not aware of any security reviews of elon musk or elon musk's is this is. -- businesses. but the spread continuing to creep. we are waiting for this to be done. october 28 at 5:00 p.m. is the deadline. the bankers on both sides, they are working diligently to get this done. this report about security reviews kind of came out of left field. this is something we were not prepared for. but it happened and you've got the details. emily: we will talk about that a little bit more right now. biden administration officials are debating whether the u.s. should subject some of elon musk 's ventures to national security review according to bloomberg sources. this would include the twitter deal, tesla, the star link network. u.s. officials are uncomfortable with what they see as musk's increasingly russia friendly's dance. -- friendly stance. i want to bring in the stan and sarah. let's start with you. tell us what we know about this part central -- potential series of national security reviews. dan: in many respects, the views are centering on twitte

i will remind you that in february elon musk provided starlink terminals to ukraine free of charge foreeds of the military, despite the scandal with peace proposals. musk assured that they continue to support ukraine and in the future i will only be here. i want to clarify that from february in 2022 , ilona maska's company spice e.e.e. spacex spent about 80 million dollars on launching and supporting the work of its starlink online store in ukraine, which was just mentioned by my colleague sashko shevchenko, however, ilon musk, the richest man in the world, made similar proposals. well, for example, the adviser to the head of the president's office mykhailo podolyak believes that musk made his statements in order to divert attention from the discussion of tesla's negative quarterly report. and there is a version that through the mask, the kremlin sends signals to ukraine and of the world, in particular regarding the negotiations well, maybe musk is another version sincerely afraid of nuclear war, he also mentioned this threat in his tweets well, and we just talked about it with pavel k

d, the highest margin product in elon musk's portfolio is the brand of elon musk as this sort of wise-cracking billionaire genius, kind of this generation's tony stark. this twitter transaction, i think, threatens that. this was just a blunder from start to finish. a bad investment followed by a bad takeover process followed by a bungled attempt to get out of it now, the geopolitical tensions that come with twitter probably threaten his other brands and portfolio. >> you mentioned tony stark. i'll go d.c. and mention harvey dent and the "dark knight. >> i thought you were going batman. >> i am. you either die a hero or you live long enough to see yourself become the villain, right? this is the moment for elon musk he's had so much success, maybe as a brand, as a marketer. he took on the auto industry he took on nasa. can he take on social media? you would think this might be an easier cast, but many have stumbled before. when it comes to twitter, in particular, carl, his idea to create this sort of super app, is he going to be able to do that again, this has been tried many times with meta, pa

>> elon musk is throwing in the towel according to sources. he sent a letter to twitter aligning a proposal to proceed with the original offer which is $54.20 a share. must agreed that musk -- musk try to terminate the deal on the idea that there were too many parts of the platform. the market was assigning that the judge would hold musk to the original terms of the deal. we have come full circle. jon: musk and his team would have had to have been crystal clear on twitter violating the terms of the deal to be deemed successful? >> musk and twitter had a signed contract. in order to walk away from the deal, he would have to prove a material adverse effect and in so doing he try to say that twitter withheld key information , largely about the level of users on the platform that were parts or spam or fake accounts. what he would have to prove in that delaware court is that the withholding of information by twitter was so significant that it essentially blew a hole in the deal. it fundamentally alter the value of the deal and the company's ability

elon musk tweeting, the bird is freed after changing his bio earlier this week. news of musk taking reigns of the company comes hours before deadline set by a delaware judge to finalize a deal. it was originally valued at $44 billion. musk, who is already ceo of spacex and tesla, saying to let it sink in. he has already taken control of twitter according to his lawyers and sources say he has removed the twitter ceo, cfo and top lawyer. >> escorted the three people out of the office. you are fired, you are out. >> if he is able to prove he can do something with 25% of the current 7500 employees with twitter, then what does that mean for pinterest, snapchat, and that remains to be seen. i would be concerned about my job. lena: that was a former twitter employee, one of hundreds that have left twitter in recent months. it must reportedly told employees he would not fire 75% of the workforce, as some had speculated but many are still skeptical. he tweeted yesterday at saying the reason he acquired twitter is because he believes it is important to the future of civiliz

the company is private and we got the court filing monday, elon musk has dropped his suit. emily: we are not going to stop covering it, are we? ed: just kidding! emily: thank you. this marks the beginning of a new chapter in the musk-twitter saga. he has completed the acquisition, fire twitter's top executives and taken over. for more, we go to the senior manager who covered twitter as a public company and our own technology editor brad stone. he has dissolved the board, he is the only board member as of now. what is happening inside of twitter at this moment? >> there is a lot of anxiety and confusion and speculation right now. employees are bracing for layoffs, they are connecting on linkedin, a lot of people assuming they are about to get kicked out of the system. we note thanks to our colleague, a lot of managers have decreed lists of employees that they were planning to let go. nothing has been announced. it only seems a matter of time. other than that, they are throwing a lot of things against the wall. you heard about reviving twitter's own video sharing service that

haifa than elon musk thought when he bought the platform.— than elon musk thought when he bought theht the platform. how does it work, what should _ bought the platform. how does it work, what should and _ bought the platform. how does it work, what should and shouldn'tl bought the platform. how does it i work, what should and shouldn't we allow? , , . , , allow? free speech is very important. _ allow? free speech is very important, but _ allow? free speech is very important, but free - allow? free speech is very| important, but free speech allow? free speech is very i important, but free speech does allow? free speech is very _ important, but free speech does have some limits. have a very simple example is that it is only 2019 in 2020 that twitter started to exclude what it called dehumanising speech, and an example of that was dues or vermin or muslims or vermin. it is legal to write that are centred in a letter. that is something they disallowed. will he rollback that? he thinks the rules have been too tight and people haven't been allowed to say things that are just political or

elon musk has taken over twitter after buying it for $44 billion.d trump, who is currently banned from the platform, congratulated. jerry lee lewis, leading figure of rock 'n' roll whose life was marked by scandal has died at the age of 87. ♪ welcome to world news america on pbs and around the globe. a man will be charged with attempted murder following the attack of the husband of the speaker of the u.s. house of representatives, paul pelosi. he was hospitalized due to his injuries. the suspect was wielding hammer and shouting, where is nancy? nancy pelosi was in washington at the time of the attack. president biden had been in touch with miss pelosi to express his support. we have more. >> police say the intruder used a hammer to smash glass doors and break into the pelosi home, shouting where is nancy? this appears to be a targeted attack. he tried to tie up paul pelosi, until nancy pelosi came home. >> our officers observed both nancy pelosi and -- mr. pelosi and suspect holding the hammer. the suspect viontly assaulted him with it. >> 82-year-o

elon musk enters the scene. usk taking over twitter change the calculus when it comes to combatting violent, political rhetoric? >> well, two days in, you know, you want to give him the benefit of the doubt. he said he wants bots -- he did put out a thoughtful statement saying he wants to get rid of the fringe or reduce the amount of time on each fringe. so far that doesn't appear to be the case. and also, just distinctive to threats to oure pillars of fascism that seem to be emerging in america, just looking at it from a business perspective, if you look at all the platforms from the least moderated, which is basically anything goes, to mildly moderated, twitter, meta, snap, to the most mott derated, tikto there is a strong correlation between more moderation and attention and shareholder value. so twitter's success is a function of its moderation, not despite it. so from a shareholder perspective, a guy who lost $33 billion on day one of closing, because he overpaid for this thing, if he wants to get any of tha

coming up, joe rogan is grateful for elon musk's twitter takeover. >> that's what elon wants to bringer is reasonable exchange of ideas. will. >> ainsley: piers morgan gives his uncensored take as musk prepares to slash the tech giant staff. ♪ werewolves of london ♪ mind if i root through your trash? robitussin. the only brand with real honeyand elderberry. people remember ads with young people having a good time. so to help you remember that liberty mutual customizes your home insurance, here's a pool party. ♪ good times. insurance! ♪ only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ hi, i'm angela. i've lost 58 pounds with golo and i've kept it off. i suffer from autoimmune hypothyroid and i always thought it would be so difficult to lose weight, but with golo, it simply wasn't. >> that's what elon wants to bring back to twitter is reasonable exchange of ideas. i think we have a real problem with -- particularly discourse on twitter. right? if you post something and someone posts something that opposing what you say, ugh. people don't like that. they want to silenc

it certainly seems like elon musk i tell us more. cannot stay out of the headlines. just days after sparking anger from headlines. just days after sparking angerfrom ukraine sparking anger from ukraine officials sparking angerfrom ukraine officials with tweets suggesting ukraine should seed to retreat to russia. he find himself again at the centre of geopolitical policy this time in taiwan. in an interview with the financial times suggesting taiwan should become a special administrative region of china, sparking strong reaction in beijing and taipei. china's ambassador to the united states took to twitter to thank elon musk, stressing the chinese government wants peaceful reunification with the island, and that it would enjoy autonomy in a one country to system model under which beijing claims to rule hong kong. taiwan was also quick to react. it's ambassador to washington also taking to twitter to tell elon musk that by 1's freedom and democracy are not for sale and any proposal about future must respect the democratic wishes of taiw