that is below what muska is paying per share. the bottom line is that muska said he is not buying twitter to make money off of it. he said it is our free speech issue and that all goes to the whole point of twitter over the past several years having been very strong in content moderation, deplatforming users it says promote false information. elon musk simply disagrees with that. he says do you have free speech on twitter? you can't have false speech or incendiary speech. this is the real debate that is going to be playing out or that has been playing out. >> what do you know about what musk's ownership of twittera - - -- twitter and what it will mean for twitter users? >> musk could push forward with his free speech for twitter. it could mean bringing back down from and others that have been taken off the platform for promoting false information or intended tory speech. that could open up twitter to being a very messy place again. a messy place, opening up to all sorts of misinformation. that is something twitter has been trying

laura: can muska walk this tight rope of -- can muska walk this type rope of courting new leaders?es: he has had successes with building an electric vehicle company and tesla, building usable space rockets with spacex. this is a different. game it is dealing with humans and the very different ways humans behave. it can be done, but we have not mentioned the financials of this yet. it is tricky, he needs a billion dollars a year to repay the interest on those debts. twitter is never come close to generating that come money -- kind of money. he will have to find some kind of is this model. everyone agrees it has value but they have not seen how to unlock it. advertising is that the way to do it, if he makes it a commune occasion's backbone for the world you can see that there is -- communications backbone for the world that there is an enormous value. people with celebrity followings, why would they not be paying a certain amount of money to make their voices heard? that is a way forward so you can effectively paid -- pay for your free-speech. it may sound like a contradiction but i'

muska has said he wants to better protect free speech.is a remarkable development and one that seemed far-fetched even days ago. here is an analyst on what change the calculation for twitter. >> i think there were two issues that changed the board's mind. one was the financing. when muska got the financing, that was the clock struck in 12. another was there was no other bidder. they were at the altar but nobody came. anchor: this deal has sent the stock price of twitter soaring. cole: that's right, shares up 6% today. gains across wall street. concerns on the covid situation in china weighing on u.s. markets, but wall street in the green. the european figures finishing the day shifting -- finishing the day in the red. as i said, covid concerns overshadowing emmanuel macron's reelection. anchor: talking about macron's reelection, you have been examining his record, lee contested inference. -- partially contested in france. why do you think his record has been so controversial? cole: a lot of it depends on where you are coming from. they fr

this caps a whirlwind dance that first saw muska by company stock, then an offer to buy the company attock has been trading. muska has been critical of twitter and has suggested his plan is geared toward free-speech. >> twitter has become the de facto townsquare. >> he tweets a lot, he has been public with his criticism about the platform, so he is putting his money where his tweets are. he is buying the asset. >> it could take nine months before the deal is ironed out and twitter officially belongs to elon musk. any changes to the platform and how it runs would likely come after that. even though it is months away, tech experts and twitter experts have been waiting in -- weighing in. reporter: changes will happen as to when those changes will begin, one of the experts we spoke to said it will take roughly six months after the deal is finalized to see any significant difference on twitter. elon musk, the wealthiest man in the world is steps away from owning t billion to take the company private. >> he can do what he wants to do. there is clearly an equity issue . normally companies are

this caps a whirlwind dance that first saw muska by company stock, then an offer to buy the company at five dollars per share more than where the stock has been trading. muska has been critical of twitter and has suggested his plan is geared toward free-speech. >> twitter has become the de facto townsquare. >> he tweets a lot, he has been public with his criticism about the platform, so he is putting his money where his tweets are. he is buying the asset. >> it could take nine months before the deal is ironed out and twitter officially belongs to elon musk. any changes to the platform and how it runs would likely come after that. even though it is months away, tech experts and twitter experts have been waiting in -- weighing in. reporter: changes will happen as to when those changes will begin, one of the experts we spoke to said it will take roughly six months after the deal is finalized to see any significant difference on twitter. elon musk, the wealthiest man in the world is steps away from owning twitter. musk agreed to pay $44 billion to take the company private. >> he can do wha

emily: muska has been presenting himself as a free speech defender.nk that means for professor -- president trump ultimately? >> if anything twitter has become more about elon's speech. he is a large portion of this company and that is because he has figured out that this is a powerful platform. to be he took some notes from mark zuckerberg and others, but you need to have an influence over a platform. i think if anything, the future for former president trump is still tbd, but i have never seen it as a band. it is a band for as long as those who are in control of the company wanted to be a ban and we need to be realistic about it. emily: tim, what is your response to that? you referred to elon as a world-class troll. tim: he describes himself as a free speech absolutist but he has routinely over the years tried to shut down his critics and silence them. he has used twitter to make fun of them. he has used twitter to talk up his own investments in things like cryptocurrencies. this whole time that he is in recent weeks where he said that twitter is th

the muskets proposing young clearly to crazy weeks between twitter and muska. musk basically wants to take twitter private meeting, also taking it off their stock market and was that twitter would not be controlled. tor actually must could basically do whatever he wants with twitter, but without any influence from regulators like the fcc also from investors or board of directors. so that's pretty much the planet mask him, hinted that he does not believe that the current management will be capable of turning a twitter around. but taking the company private. what do the trick it was, the reaction being from the existing management and the cost from the shareholders? well, i mean if you look at other shareholder, so for example, another big shareholder is the saudi prince of elite and t per twitter actually commented that he believes that the price that mask is putting at the table is not high enough. i mean, we are talking a good of $54.00 per share. the company or the stock price of twitter last year was at time so well about for $70.00 a piece. so it could not be high enough. the reac

people decided not to take -- muska decided not to take the board seat. twitter said it will review elon musk' is $43 billion offer to take the company private. he says the company has extraordinary potential and he apparently is the person to unlock it. first, i want to do with the mechanics of this. how does an individual pay this much money for a company? does he just write a check? how does it work? >> it is being questioned, as with all of the stories on elon musk and twitter. there are more questions than answered. $54.20 per share in cash. i have spoken to a few on the buy side that point out a lot of twitter holdings are held by passive funds, index products. when is the last time in history where an individual, not an institution or an entity, but an individual, made an all cash offer for thorpe -- $443 billion? he said this was his final offer, no back and forth. i would say that we could see him increase that offer. a year ago, twitter shares were much higher than they are now. guy: -- kriti: the elon musk vision for twitter includes subscripti

can muska make the tricky math at up? over to his of the company we are watching the spacex rocket about to take off from cape canaveral. it is poised to make history marking the fastest turnaround for a refurbished rocket ever, we are all to you live. in a moment let's take a look at the market. tough day for tech stocks, extending the losses worth monthly drop since his -- the global financial crisis. >> it is hard to put it in perspective you're looking at the s&p 500 adding is worst month since march of 2020, big tech having its worst month since the fall 2008, if that does not put into perspective i do not know what is. you have brilliant endless coming up on your program, there is a big disconnect, i'm taking a look at a chart of the nasdaq in the next at 100 all of those big tech stocks are to a 13,000 level, the strategists are addicting that the -- predicting that a year from now you're looking a nasdaq 100 that will still be at 17,000. there has been a disconnect in market, how we think about fundamentals? how w

he was just a few weeks ago that he la muska now said he was buying a big stake in the company. he wanted to see it on the board. the board members did not agree that he would be the right fit. they actually tried to prevent him from taking over the company with legal maneuvers. fast forward to now and they decided after negotiating on monday they would go ahead and william, that's because eli must got that financing together. he spent the last 2 weeks driving of the 44000000000 about half of it was raced in debt, half about half of it is his own money. and that seemed to change the minds of board members to go ahead. and it seems that investors agree the share prices for twitter, rows more than 5 percent in trading on monday. so they seem to be optimistic about what this deal will meet. so good for business on one side. a lot of critics obviously must because describe himself as a free speech absolutist. what exactly could that mean for the platform or even beyond? that is the big question. william, he's made very clear that he thinks twitter need some major changes. so 1st and

muska passively looking at twitter.: even a suggested he wanted to create his own social media platform. we are looking at twitter shares relative to other social media stocks. if you look at what shares are doing, not just today, but since the start of the year, as the line goes up from the start of the year, there is out performing social media peers. a lot of this has to do with the war and the idea that twitter is being used for updates. bloomberg intelligence pointing to new product launches, including twitter blue that could help them exceed their revenue target of some .5 billion dollars in 2023. tom: thank you so much. it is a joint right now to speak to one of the lightning rod of international relations and that is john bolton, ambassador bolton with so many tours of duty and always somebody looking at the force and power of russia. give us a measure of the force and power of this tribute. amb. bolton: he suffered some severe setbacks in almost six weeks of work in ukraine. the russians miscalculated the exten

when he was in london, we would get into, oh, muska. we finally landed in polly where we were stayed with carrot ich and malott ich and their headquarters and hoped that they would make their good. that promised to take us north to plato area ah. poses from us surpassing winowski of toes. alta transport to pretty laura nick winchester, savannah. oh. although emma and its reason, emma the on a level 2 such because aster, yet unlucky now originally would equally menopause echoed no less. he would die outdoor with the parliament that claimed all was he awesome crane law and as law michelin, equally named order, nick would need them negate him. that's louise's can that as to play other men and walker. yeah. awesome. pet, blustery manila. the long sky is an epo miss. only 2 thick ports of back oak escalator arch noon . they told us we go to manufacture, which was a camp that had already been expected and was the least awful. they tried to stop us at the meeting by offering us other opportunities which we turn down your keep your maniachi for

warned muska there are strict rules around what is not allowed online in europe.nts to move the firm away from its main way of making money, adverts. he said he would like to see more subscribers, but will people pay to tweet? one person, the king of controversy, former president trump. he has a lifetime ban on twitter and sofar says he is happy to stay away. the question is, for how long? laura: what lies ahead for twitter? in the u.s., online betting expanded dramatically. as the industry expands here, in india, the picture is different. online gaming is growing rapidly, but there are calls to ban some of the games. we have more from delhi. reporter: you start first by betting $10 or $20, he tells me, then greed overpowers you. you bet more and more and keep playing because you want to win back the money you lost, but you ju keep losing. a 30-year-old lost over $5,000 in months by playing an online card game. he was betting on doubling his winnings with each new turn, but all he got was disappointment. >> i was physically and mentally disturbed, could not sleep.

the music for them because all boosting muska bosses daniel say share some thoughts about like not ah, gold chocolate banks neutrality. natalia enjoyed life consideration. she followed her ex pat husband there. but at the end of february 2022, her life changed. the almost sterile swift civility vanished and something else took his place. luncheon is a delightful for us. but amelia bull, our chin, you got all but mister yasamin abilities, chris, broad thing, me and see dylan yet. he is a roller, a process of the going to give even a good and he said that one maybe was young woman. they're willing to keep keep the mustang shift to people. they're moving him into her stead smith. what image footage equipment they yeah, glen, it's lou, there's done school by the through string approaches from shift. she mostly has them universe to meet as to what's going on with that discussion. nitric items, what would mugshot would they let me enter, bulldozing, vacuum, talk to me, i will soon she doesn't require me to start by means. like all of them near vehemence article what i mean if you're going t

missed that off on local roads, you know, which also made out the music for them because all boosting muska bosses daniel say share some thoughts about like not ah, gold chocolate banks neutrality. natalia enjoyed life consideration. she followed her ex pat husband there. but at the end of february 2022, her life changed. the almost sterile swift severity vanished, and something else took his place. luncheon is a director for us victim young, nimble our chicago, but mister jasa visibility skus bothering me and see dylan, nancy, isabella, a processor, the willing to give even a good. and he said, that's why my bill was young woman. they're willing to keep keep the mustang shift to people. they're moving him into a that's not the vantage footage equipment. they. yeah, glen, it's lou, there's done school, but you choose to approach it from shift. she was to get them in a box to meet as to what's going on with that discussion. nitric items that were good mugshot, ward, the lamentable don't vacuum. talk with me, i will soon. she doesn't want him to stop by means. so like oliver museum and satari

muska has put a bid amount into more than $43 billion for the entire company -- he recently bought a 9% stake, meaning he is already its largest shareholder tweet says it will. carefully review the offer. musk says the platform for short of his free speech principles, and it needs a complete overhaul. far-right candidate marine le pen has been in one side of the country, and her arrival met voters in northern port city. the second round will be on april 24. more of those stories and our website, aljazeera.com. "inside story" is next, here on al jazeera. ♪ mohammed: the war in ukraine is creating what the u.n. calls a perfect storm of crises for developing countries. fighting has driven up global food and fuel prices. 1.7 billion people could go hungry. so, what are the solutions? this is "inside story." ♪ hello and welcome to the program. i am mohammed jim jordan. russia's invasion of ukraine has -- mohammed jamjoom. russia's invasion of ukraine has upended the flow of food fuel and many around the world. the u.n. u.n. warns the conflict's cascading effects could have an impact on ne

ultimately, the decision came down to the offer muska made. it ends up being $54 20 cents a share.sor of finance at san jose university explains why the offer was good enough for the board of directors. >> twitter has hit a stock price there or higher only twice in their give or take nine years, 10 years as a public company. only twice before they reach that evaluation. the board of directors had to sit back and say are we going to be able to get there

the bullet says if muska claus more than 15 percent of the firm stock, it'll flood the market with shares. that would make the buyout much more difficult . headlines. more news come up here and out there. right after we visit the listening post. or china, in the us sleep walking their way to war in the struggle over ukraine. here's the test for president joe biden is really trying to do is rewrite the security architecture in your personal united states. you, sir, if you get a walk and chew gum at the same time, your weekly take on us politics and society, that's the bottom line. who's hello, mr. just bird, and you're watching a special edition of the listening post examining how 3 different countries are reckoning with elements of their recent were not so recent past. daniel tory takes us to columbia were 18 months ago, demonstrators from the indigenous me sack community began toppling and then kept toppling statues of spanish conquistadors. calling in an act of de colonization. canadians have also been coming to terms with their history. the discovery of more than a 1000 graves of indig

muska says he can't wait to get started with his new purchase.has a lot of plans, he believes that twitter users lack freedom of speech. he wants to remove ads for paying subscribers to definitely fight social media spam more actively and turn twitter headquarters in san francisco into a homeless shelter, and with the latter there is no guarantee that musk is joking? sberbank supported the proposal of vladimir putin lower mortgage rates. now she's 12% president is proposing to make nine. today, mortgages are still one of the main ways for citizens. the best living conditions and state support. in this case, it plays a very important role and even more russian families will be able to get a mortgage loan at affordable interest rates, and the government launched a state program 2 years ago, sberbank says that during this time more than a million rubles have been issued such loans. after the central bank sharply raised the key rate the rate on subsidized mortgages since april 1 of this year has grown from seven to twelve percent, and without state p

so correctly mentioned, twitter confirming that they have decided to sell the company to ilan muska deal that they say is valued about $44000000000.00. that's 1000000000 with a b. they're saying that about 25500000000 is financing basically alone. that musk is getting from a bank. and then another 21000000000 in equity. that musk is putting up the bottom line. know this is $44000000000.00. the stock price said, for per share $54.20. exactly what must offered a little over a week ago. and this looks like the world's richest man is now one step closer, assuming this gets approved and gets finalized and there's no certainty to that yet . but as sir, look at shipping very good at this point is that you are, must, will own twitter and the days of twitter being public company look like it will be over very soon. it will be held in private hands here with you on must. this is certainly been quite an april for twitter and for you on musky was just 3 weeks ago that it was revealed that he bought 9 percent stake in the company, making him the company's largest shareholder. he then accepted a posit

bottom line though is muska said he is not buying twitter to make money off of it. he says it's not a financial issue. he says it's a free speech issue. and that all goes to the whole point of, of a twitter over the past several years. it's been very strong and content, content moderation, be platforming users that it says promote faith, false information. and you must simply disagrees with that, but a lot of other people look at and say free speech, what he mean by free speech. he said, you have free speech on twitter. you just don't have, he can't have false speech or incendiary tore speech. so this is the real debate that's going to be playing out or that has been playing out in twitter. but now even musk ultimately will be the ultimate arbitrator of that as he now moving forward, it appears if this deal goes through on the company. okay, what do we know about what mosques ownership of twitter will actually mean for uses? well that's the big debate hen depends on who you ask, quite frankly, and there's really 2 ways this could go. number one is must could push fo

muska disclosed he had taken a 9.2% stake in the social media company.nese automating -- automator stocks -- automotive stocks have dropped. the company says production will be delayed for a number of customers and a several supplies remain off-line, affected by lockdowns, as china battles the omicron variant. francine: alice atkins in london. shanghai recorded over 26,000 new covid infections yesterday as china's largest outbreak continues to spread. the rising cost of fuel is adding to soaring factory prices, putting pressure on manufacturers already strained by covid lockdowns. we are joined by tom hancock. walk us through what is happening in shanghai today. we are seeing videos of little riots. >> the shanghai lockdowns have been very severe, so most people are not allowed to leave their homes at all, even picking up food has to be done by volunteers within the community. some communities have been short of food, so there have been areas where people have protested about that. it seems to be a minority of areas, but obviously it is concerning for th

. >> the second quarter will be difficult for them, and i think muska was bullish about being able torcome that. i think it is because it is not just in tesla's control, you have to give them a lot of credit for a really successful quarter and track record of many quarters going back a couple years now of operational excellence. but this is a situation where their supply chain in china is really going to be tested. they are going to try out this closed-loop system which is fascinating, thousands of people sleeping overnight at the factory. there are a lot of suppliers they are going to have to rely on to get production components back up quickly and keep that going in the face of possible more shutdowns. tom: just briefly on the credit front, because they benefit from this, if you strip that out, is there a little bit of weakness? craig: maybe a little bit. but this is something that the industry for some time tesla will get its act together as the rest of the industry struggles to get ev's up and running. tom: our global car czar with all things musk at the moment. this is bloomberg.

twitter has done a lot of work to make itself brand safe and muska takes a very different view on speech and will probably push for less and not more content moderation, making risk-averse advertisers think twice about advertising there. caroline: mark, as you said, you have been on the sidelines questioning the overall business model. when we saw jack dorsey handing things over, did you think that was a net positive? how are we thinking about this relatively new 10-year ceo having to navigate a complete storm, perfect or not? >> as you said, it's a really strong net neutral. i don't thing we have heard a really clear strategy going forward. i will give him a few months, we all should, but he has been with the company for eight or 10 years running product. by the way, that has been the product -- problem at the company. a slow pace of innovation and they have come out to acknowledge that. i'm not sure this was the radical change they really needed in order to speed up the development cycle, create these development tools. just make the service increasingly more intuitive. some of this co

how did muska frame the narrative of the past two months?sla has had an exceptionally difficult quarter. must himself said contending with a number of things, the growth of covid in china, on top of a chip supply issue that has been going on for more than a year, and logistical snarls, and raw material prices which have been rising. that has seen tesla raise the price of cars along with several other automakers in china. despite that, the numbers that were reported on saturday did edge out expectations. one analyst said as many as 25,000 units may have been pushed out of q1 and into q2 due to these logistical issues, too. this makes for a robust trajectory for the rest of 2022. quarterly deliveries are one of the most closely watched markers for tesla. it is seen as a marker for broader demand. it is something update when i go for tesla, especially with the headwinds the company has been facing. dani: china and lockdowns there have had a huge impact for automakers and tesla, what is the current situation? >> paper film area with the matter s

the market still doesn't believe in the 54 box it would take -- muska is offering $54.2. -- $54.20.think it -- if the must vehicle fails. to think there's a bigger story here to play if elon does not succeed? sophie: frankly, yes i do. for means of the biggest story is the chatter that it opens the door to a bidding war. and then -- twitter is one of if not the most -- has become more important in recent years. we could be looking at this coming through in the next couple of weeks or so, i don't think we can be ignoring the premium that mosque is offering. -- musk is offering. it could get interesting. dani: perhaps that contrast, it could quadruple to $4600 separately around a grand, what do you make of these types of projections sup talking -- there big tesla goals, could we see gains of the extent of these growth type stocks? sophie: growth stocks at the moment, are being punished. i would say in general, [indiscernible] are those they're are producing essential services. the world doesn't know -- tesla doesn't fall into that bucket. that said, they have outdone expectations quit

tom: this is muska controlling his competitors, i like that.myself off as a competitor, do i stay on? craig: dietz by no means has gotten into the meme game, but he got interest in full to wagons electric vehicle game by getting more active on social media. francine: i can't wait for a dietz meme. tom: see what it does to the price. craig trudell, our car czar on the implications for tesla as a result of the purchase deal for twitter. francine: surveillance early edition is up next. a lot of the focus on markets is on what the pboc has said they will do. tom: they are going to have to follow through. stay with us, this is bloomberg. this is bloomberg. ♪ >> the biggest second round effect will be a pressure on commodity prices. >> $250 million of additional provisions. >> i'm excited to see what he does with the company when it is private. >> this is "bloomberg surveillance: early edition" with francine lacqua. francine: good morning and welcome to "bloomberg surveillance: early edition." i'm francine lacqua in london. sealing the deal, elon mus

. ♪ caroline: let's just get to another muska moment on twitter.ind of fascinating, really overall. but we once again are seeing how you might expect shares of lithium minor, the lithium corporation jumping 280% after a fake press release on twitter saying tesla had acquired the nevada company. ed ludlow spotted something was off and got to the bottom of it. he joins us again now. talk to us about tesla, elon musk, and what actually happened here. >> even by the musk and tesla standards it was odd, right? sitting at my task, i saw tweets from the community that follow him. some of the tesla owners and shareholders that were sharing screen grabs of a press release saying tesla had acquired lithium. on the terminal and on the share chart after 1130 eastern, stocks jumped. but i looked at the image of the press release but none of this adds up. five w pub occasions question mark they don't represent tesla. they serve me don't represent this corporation. we started hitting the phones and it was of course a fake release and there were russians about how

it comes after sources say a group is helping muska take the social media company private.ing up next, cutting the outlook from china. this is vonnie: you are watching daybreak australia. the imf is cutting the global growth forecast while projecting even faster inflation in china's renewed virus lockdown. it now sees economic expansion slowing to 6.3% in 2022, down from a forecast of 4.4% in january. fund also -- the fund also sees inflation remaining higher for longer. >> it is a clear and present danger for many countries. even prior to the war, it surged on the back of soaring commodity prices and supply demand imbalances. many central banks like the federal reserve had moved toward tightening monetary policy. more related disruptions amplify those pressures. vonnie: atlantis had president has warned against hiking rates too far beyond neutral. policymakers should not act with such vigor that they harm the economy. the chicago fed president says inflation is likely to force the fomc to raise rates by next year. british prime minister boris johnson has apologized to the

it would have been hard for entry to guterres to go to moscow with the request that muska cooperate withinternational criminal court, which we know moscow is very unlikely to do. so imay be something of a vindication of his decision to go to moscow first and then kyiv, looking at the very strong backing of ukraine and expressions of support for ukraine, and even regret that he wasn't able to do more, that he has been presenting here. mark: gulliver cragg, our correspondent. the war on the eastern front in ukraine is intensifying by the date. russia is focusing its efforts on trying to take the whole of the donbass region -- cities like kharkiv, donetsk, luhansk. our reporter is from kramatorsk. reporter: citizens in the ruined kramatorsk in eastern ukraine fear what could be next. they live with the sound of sirens all day long. more than three-quarters of its population has fled, an estimated 45 thousand people remain the city. they face contradiction. >> it is really bad. there are missiles every day, sirens. >> the war is out in the street. reporter: kramatorsk is near the front line

muska owns just over 9% of twitter stock. if he does not join the board, he would not be subject to an agreement to keep his stake at less than 14%. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ >> i think it will take some time to get inflation down because there's other things going on in the economy that are adding to price pressures, including the commodity price increases and energy price increases that are happening as well. so i think inflation will remain above 2% this year and even next year, but the trajectory will be moving down. tom: the retta mr. with margaret brennan -- loretta mester with margaret brennan on "face the nation." the gentlelady from cleveland there, the mathematician away from transitory, looking at the persistence of inflation. see that in the market this morning. these are markets on the move as we speak. 2.76% with real deterioration, a 23 vix moments ago. lisa:

>> before muska was involved, the stock was a significant underperformer.ertising has been significantly underperforming. i think the next step is going to be he is going to be a loud force. there is going to be a bright spot in terms of the strategy and advertising. for twitter, for the board, it is their worst nightmare because musk in the board room is contained. musk outside the boardroom, this becomes a soap opera. caroline: he is an activist investor with 8 million. what will be the product innovations that potentially start happening? >> this is going to end with some sort of strategic initiatives. whether that ends with an ultimate sale, focusing on some of the subscriber and advertising side because that is the issue. this is going to over the coming months and year, you're going to be in a tough situation for twitter and the board. if they somehow miss execute again. carolyn: we have time to think about the world of cybersecurity. you, attention with a note about sale point what do you make of the focus on where you're putting your money in terms

this defensive short-sellers appears to address muska's position of how he is funding his purchase ofwitter using some of his tesla stake. we will be watching that. shery: yes, but right now we are focused on one social media company, and that is facebook. meta adding more users in the quarter. sort of a side of relief for some of those investors that were watching facebook. emily: yes, totally different reaction then we saw last quarter. last quarter, meta reported a decline for the first time in a decade, so we saw that massive share plunge and shares are still significantly down here to date, but we saw daily active users climb this quarter. revenue did miss, however, and i think that is a sign of what we are seeing more broadly in the advertising business, and advertising for the current quarter came in a little bit light, but investors seem to be looking at the good news today, the fact that facebook seems to have stopped the bleeding, at least for now, but it does not necessarily mean we are going to see a repeat pattern next quarter. haidi: much of the focus the last few months

coming up, more muska.he tesla ceo is trying to shore up funds for the $43 billion bid to build twitter with -- to buy twitter with the help of outside partners. we will have more on that next. ♪ emily: let's get an update on the musk twitter saga, elon musk now reaching out to potential financing partners across wall street. if he had any luck? i will bring in michelle davis for more on that. who is actually considering this? michelle: one of the most interesting parts about musk's bid for twitter is that he made it public without having financing lined up. we know he has started to have potential financing partners. at this point, he is only focused on raising debt. he has conversations around raising equity. morgan stanley reaching out to other big banks, reaching out to apollo has agreed to participate, to help finance. at this point, we know there were a couple of forms -- firms who have said we want to stay away because we are not going to help with financing. emily: do you have context on how these c

muska alluded at that ted talk -- mr. musk alluded at that ted talk?ichael: i think they would tag along. who would ever think tesla would be worth what it is today? tom: jon ferro is the only one who got it right. jonathan: i don't know about that. i am thinking about a future platform and whether twitter once to be a part of that. we know the increasing view of multinationals, let's say the walt disney company, as a shift to a more aggressive freedom of speech model at twitter under 11 musk. how do you think multinationals will view that platform as may be they want to advertise? michael: i think that is a major problem. we have been writing for the longest time, really since 2016, that social media has major content quality issues. if you take away all the moderation twitter and facebook have put in, it is going to make advertisers much less willing to participate. they are not going to want to be stuck in content that they deem is not quality or safe, so i thing it is a major problem. if they can move to a subscription model, drop the advertising m

now muska has admitted the moksva has sunk. it is a major setback for russia.hip was a key part of naval operations. we'll bring you the latest as we get it here on france 24. meanwhile, the chief prosecutor with the international criminal court visited the town of bucha and called the entire country, quote, "a crime scene." the town is one of several locations where russian soldiers are accused of massacring civilians. forensic scientists from france have a right to investigate those alleged war crimes. we get more with our colleagues over at france 2. reporter:. peter: ukraine's prosecutor general welcomes france forensic investigators. the 16 specialists will assist ukrainian authorities in which over the next 15 days to determine whether war crimes were committed against ukrainian civilians. reporter: russia retreated from the suburb in kyiv at the end of march. a few days after, ukrainian authorities discovered around 250 buddies. the forensic investigators will try to establish how they died, like what happened to these former residents, a mother and two

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ultimately, the decision came down to the offer muska made. it ends up being $54 20 cents a share. an assistant professor of finance at san jose university explains why the offer was good enough for the board of directors. >> twitter has hit a stock price there or higher only twice in their give or take nine years, 10 years as a public company. only twice before they reach that evaluation. the board of directors had to sit back and say are we going to be able to get there again? what value can we create? or can someone like elon musk, is this a good, fair price for our existing shareholders and that's the decision they made. that it is a good, fair price. >> today, twitter rose and they are expected to meet with employees this afternoon as many in the bay area and across the world are trying to figure out what new ownership means moving forward. experts say the deal is expected to close some times this year. that means any user changes won't happen until the deal is officially done. kristen: thank you. the concept of your team in february of 2006. one month later, jack dorsey sent

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ways linking the port to commercial capital, johannesburg submerged underwater. global shipping for muska suspended its operations, the flooding damage parts of the city that had just been rebuilt from riots last july. repeating a 3rd after the severe brain to lock, not washing down the bank with the south african where the service won't attribute the storms to climate change. but says this kind of rain may become the new normal in the years ahead. farmer to some of the pictures that we're seeing in your report, they're absolutely extraordinary. i understand that the south african president has been touring some of the areas. what's his reaction been full so so if you've heard from a president roma plaza is that he said that this is a tragic toll of the force of nature. and the situation calls for an effective response by government in partnership with communities. but just way we are here in amanda, we see that communities really are on their own. we have a group of men trying to fix a, a water pipe to bring and distribute water across a community that's been badly affected. were standin

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to approve the deal, and the next shareholders meeting is scheduled for may. 25th julie and janet muskasaid he has some big changes planned for twitter. you touched on a couple of things such as content and authenticating users. what are some other proposed changes that users could see. well julie nothing said in stone, but he has in the past indicated he'd like to see longer format tweets , perhaps pay subscription instead of an ad revenue system and also maybe continuing twitter's efforts to try and allow people to edit their tweets. alright very interesting to follow. what happens, janet? thank you. will the internet was buzzing today with news of this big deal the american civil liberties union tweeted today we should be worried about any powerful central actor, whether it's a government or any wealthy individual, even if it's an a c l u member having so much control over the boundaries of our political speech online. the blue does note that musk is a card carrying member and is one of its most significant supporters. the markets responded well to news of that sale. twitter stock ro

the board says that if muska clients more than 15 percent of the firm stock, it'll flood the market with shares, and that will make a bio much more difficult. jim anderson's of social media and technology expert, he says, must has forced twitter executives into taking action. it's a very uncomfortable position when the world's richest man says he doesn't have confidence in the management team that specifically, that's probably a pretty uncomfortable position for the theo to, to be. and, but he's, i think done a nice job, at least in his messaging to twitter, employee. thank look, there are a lot of distractions, but our day to day job hasn't changed. we have customers, we have a product, we need to keep doing what we're doing. and it's easier said than done for sure. but ultimately, you know, this is a little bit of a slide show. it's an enormously consequential slide show, depending on how it turns out. or it could just turn out to be nothing. and you know, one thing we have definitely seen about 11 months because he loves the spotlight and he's shown the ability to effectively hijacked

sources say the restrictions are unlikely to halt the movement as muska will likely use airspace.greed to extend the current program. the details will need to be worked out next month. the imf suspended his loan to pakistan after the disaster. south korea's incoming president has sent a group of lawmakers to japan as he tries to revive relations. warming ties between tokyo and seoul as president biden expected to visit the countries in the coming weeks. this is the first word headlines. >> we are getting a little bit more insight into the text messages exchanged between elon musk and the fund when it came to taking tesla private back in 2018. that was the infamous funding secured tweet back in august of 2018 while the series of text messages and the managing director of the public investment fund coming to light. this is showing the text messages include musk in one exchange say you are throw me under the bus, really showing the details of his thinking as we are now seeing him make efforts to buy twitter at this point. you can find more of the bloomberg terminal and his dealings w