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Apr 26, 2022
04/22
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does parag agrawal stay as ceo? emily: exactly.n elon musk, ceo of twitter and spacex, having management issues at other companies. what does that mean for current executives at twitter? ed: there is questions about the equity financing, does he bring partners in? who are those people? activist investors who want the same changes? that could change the dynamics of the deal. emily: what are the chances this deal falls through? ed: i will not put a number on it. there are a lot of people confident they will not be regulatory problems going forward, based on the notes we have seen in the last hour. emily: all right. so many unanswered questions, but thank you for answering what you do know. bloomberg's ed ludlow, thank you. that does it for this edition of "bloomberg technology." we will be back here tomorrow, follow even more details, more angles on this deal, as well as tech earnings from the biggest giants, alphabet and microsoft reporting. we will be across all of it tomorrow. i'm emily chang in san francisco. this is bloomberg. ♪
does parag agrawal stay as ceo? emily: exactly.n elon musk, ceo of twitter and spacex, having management issues at other companies. what does that mean for current executives at twitter? ed: there is questions about the equity financing, does he bring partners in? who are those people? activist investors who want the same changes? that could change the dynamics of the deal. emily: what are the chances this deal falls through? ed: i will not put a number on it. there are a lot of people...
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Apr 25, 2022
04/22
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FBC
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is happening, is this sort of hold on the news we're hearing from the twitter ceo now as well, parag agrawal, he of course of twitter has a purpose and relevance that impacts the entire world, he says. deeply proud of our teams and inspired by the work that has never been more important parag agrawal tweeting just this moment. don't know what happens to him but i highly doubt he stays on board, because elon has made it very clear he was unhappy with the way the company was actually moving and the direction in which it was trajectory in that point let's get to kenny polcari and scott redler. scott, i have to give this to you. you were the one two weeks ago who in that unbelievably timed tweet, you said i'm buying options on twitter. what do you make of this and the price move here, it's up about 6.5% now. >> well, a deal is when it gets done is usually always discount ed because you never exactly know if it's going to get done and pass all of the regulatory hurdles and this and that but at this point it's trading what, $2 below the 54 that's probably where i would have thought it would open f
is happening, is this sort of hold on the news we're hearing from the twitter ceo now as well, parag agrawal, he of course of twitter has a purpose and relevance that impacts the entire world, he says. deeply proud of our teams and inspired by the work that has never been more important parag agrawal tweeting just this moment. don't know what happens to him but i highly doubt he stays on board, because elon has made it very clear he was unhappy with the way the company was actually moving and...
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Apr 26, 2022
04/22
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current ceo, parag agrawal, reportedly told twitter employees that he did not know which direction theo said that no staff would be losing theirjobs right now. if you look at investors, they view it as like, ok, musk has had massive success with tesla, spacex, and of course, paypal. could he have the same goal and success? i think it's going to be a bit of an uphill battle in terms of turning around twitter. and i think in the eyes of many, this is really trading caviar in terms of his tesla stock for really a new york city pretzel. the transaction itself will take around six months. so between now and then, there's bound to be more speculation and uncertainty around twitter as the world works out how musk�*s brash and gung ho approach might change things. shiona mccallum, bbc news. it is 20 past one. our top story this lunchtime: the head of the united nations on a peace mission to moscow has said it is clear that there are two different positions on what is happening in ukraine as he prepares to meet the russian leader vladimir putin. the price of groceries in uk supermarkets could r
current ceo, parag agrawal, reportedly told twitter employees that he did not know which direction theo said that no staff would be losing theirjobs right now. if you look at investors, they view it as like, ok, musk has had massive success with tesla, spacex, and of course, paypal. could he have the same goal and success? i think it's going to be a bit of an uphill battle in terms of turning around twitter. and i think in the eyes of many, this is really trading caviar in terms of his tesla...
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Apr 6, 2022
04/22
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the chief executive of the microblogging site parag agrawal said in a tweet that musk is both a passionatehas banned 22 youtube channels, citing national security and public order concerns. the country's ministry of information and broadcasting said the blocked channels had a combined audience of 2.6 billion viewers. just months ago the information ministry used similar emergency powers against 55 channels on youtube, and some twitter and facebook accounts. the indian government is using new it rules introduced last year which gave it more powers to take down content. let's see how the asian markets are faring today. todayis today is the first day of trading for markets in hong kong and mainland china where they have had a two day public holiday, stocks across the board are lower, the price of oil is edging up slightly. with the news of further sanctions on russia, and of course, the conflict in ukraine seemingly getting worse not better. markets are extremely nervous about what is ahead. on wall street, we saw a sell—off or tech stocks. you can see the nasdaq index which is tech rated, do
the chief executive of the microblogging site parag agrawal said in a tweet that musk is both a passionatehas banned 22 youtube channels, citing national security and public order concerns. the country's ministry of information and broadcasting said the blocked channels had a combined audience of 2.6 billion viewers. just months ago the information ministry used similar emergency powers against 55 channels on youtube, and some twitter and facebook accounts. the indian government is using new it...
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Apr 25, 2022
04/22
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get the ceo, parag agrawal who said our role is not to be bound by the first amendment, get him out ofhere, fire the board if that is even possible, clean house when it comes to their leadership because nothing is going to change unless he does so. implement some of those technical fixes as well. elizabeth: you know what? you mentioned president obama. listen to former president obama on social media. let's hear what he had to say, watch. >> we are going to get rid of all offensive or inflammatory comments on the web. freedom of speech is heart of every democrat side. in america those protections are enshrined in the first amendment to the constitution. there is a reason it came first in the bill of rights. i'm pretty close to a first amendment absolutist. elizabeth: do you hear that? what is pretty close mean? you can't say you're a free speech absolutist at all if you're say you're pretty close. you're for censorship. obama is about censorship. twitter is a public forum of abuse, censorship because of its anonymity, immediacy. the far left leading the charge was president obama is do
get the ceo, parag agrawal who said our role is not to be bound by the first amendment, get him out ofhere, fire the board if that is even possible, clean house when it comes to their leadership because nothing is going to change unless he does so. implement some of those technical fixes as well. elizabeth: you know what? you mentioned president obama. listen to former president obama on social media. let's hear what he had to say, watch. >> we are going to get rid of all offensive or...
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Apr 25, 2022
04/22
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the ceo of parag agrawal, that the stock continues to drop following musk's announcement f they establishy could be sizable breakup fee. no other bidders are in play currently twitter could try to secure what is called a go shop provision that allows a target to seek other bids even after a deal is sign. musk hinted a agreement is near. that this is for free speech. i hope my harshest critics remain on twitter because that is what free speech means. it looks-like we may not be waiting long. twitter reports earnings thursday. with the halt in shares, announcement could come imminently. charles: kelly, i'm on pins and needles, pins and needles. reporter: me too. charles: thank you. what is interesting the same media rooting against this deal and films sy conversations about financing and this and that, well not now they have adjusted their attacks. case in point "axios." they make a comparison between musk and jay gould, was the american rail magnet and speculator in the robber baron era of the guilded age. if you go to wikipedia, what they say about gould. sharp and often ungroup lues busi
the ceo of parag agrawal, that the stock continues to drop following musk's announcement f they establishy could be sizable breakup fee. no other bidders are in play currently twitter could try to secure what is called a go shop provision that allows a target to seek other bids even after a deal is sign. musk hinted a agreement is near. that this is for free speech. i hope my harshest critics remain on twitter because that is what free speech means. it looks-like we may not be waiting long....
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Apr 20, 2022
04/22
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is speaking out saying the company must drown out external and internal directions alex brought parag agrawalgeneral partner at moxie ventures. thanks for joining us. >> thanks for having me. >> i'm wondering what you think of elon musk because shareholders in general, if you take a look at how the stock reacted think elon musk has some sort of silver bullet for twitter. >> i think that's a problem with twitter. they've always had this narrative this they have a silver bullet with a new ceo or new head of products there are a bunch of smart peopleworking there for a long time if there were a silver bullet they would have found it and the role of the board or owner is do not hand pick favorite feature ideas. they do corporate governance unfortunate distraction. >> give us your insight into what parag is like and what you think he will bring to twitter if he remains ceo? >> i'm a huge fan of parag i did hire him when i was running ads engineering. s's smart, rational, deeply technical, data driven and will make a decision and then stick with it until there is new data but not hem and haw before
is speaking out saying the company must drown out external and internal directions alex brought parag agrawalgeneral partner at moxie ventures. thanks for joining us. >> thanks for having me. >> i'm wondering what you think of elon musk because shareholders in general, if you take a look at how the stock reacted think elon musk has some sort of silver bullet for twitter. >> i think that's a problem with twitter. they've always had this narrative this they have a silver bullet...
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Apr 25, 2022
04/22
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agrawal saying there are currently no plans for layoffs after the musk deal. the chairman saying "a big part of this merger agreement is ensuring operative continuity, ensuring this management team and paragwill be allowed back on the platform agrawal also said the company will speak with musk about the direction of the site although we do know that donald trump has told joe kernan that he will not return to twitter. we'll see what happens time now for the final trade here let's go around the horn tim seymour. >> let's go to the energy sector again. i talked about exxon earlier i do think you have a case here when you look at the financial discipline there actually could be asset sales, there could be a $10 billion buyback. exxon to me on the sell-off looks very interesting >> karen >> so now that we get into earnings season, big tech earnings this week, and so for mow google is my biggest position they report tomorrow after the bell very interested to hear how it's going top i think it will also be interesting for facebook, which is later in the week >> dan >> you know, it's really nice to see meg tirrell in happier times reporting on her space, right? and xbi is so banged up. and the mi
agrawal saying there are currently no plans for layoffs after the musk deal. the chairman saying "a big part of this merger agreement is ensuring operative continuity, ensuring this management team and paragwill be allowed back on the platform agrawal also said the company will speak with musk about the direction of the site although we do know that donald trump has told joe kernan that he will not return to twitter. we'll see what happens time now for the final trade here let's go around...
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Apr 11, 2022
04/22
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BBCNEWS
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but on monday the company's chief executive parag agrawal tweeted. ..tract — so the fact he hasn't taken up this board position has made many people speculate that elon musk actually wants to buy more and more of twitter. he comfortably has enough money to buy it outright. he could force a hostile takeover of twitter, that's certainly one option. the other is that if he were to be a board member of twitter, he would be constrained. he wouldn't necessarily be able to be tweeting these things like you just mentioned, like the san francisco hq should become a homeless shelter. he would have to take a much more conservative position in terms of his public criticism of the company and that may well be why he's decided not to take a board position. at the moment, only elon musk knows. the only thing he's tweeted was an emoji of a person with a hand over theirface. what that means, we have no idea, only elon musk. so, it's a working theory that he still has more freedom outside looking in rather than on the inside. if we take that as a kind of working assumpti
but on monday the company's chief executive parag agrawal tweeted. ..tract — so the fact he hasn't taken up this board position has made many people speculate that elon musk actually wants to buy more and more of twitter. he comfortably has enough money to buy it outright. he could force a hostile takeover of twitter, that's certainly one option. the other is that if he were to be a board member of twitter, he would be constrained. he wouldn't necessarily be able to be tweeting these things...
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Apr 26, 2022
04/22
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. >> parag agrawal didn't get a chance -- >> he sure didn't, did he?> david faber, you can go back to your assignment now thank you. we'll let you know if we need you. >> okay. >> i just have one quick question, what does it mean for tesla? you can imagine a reality let's say snap warned a little bit of maybe a turn in the advertising cycle. let's say that gets hit hard and twitter suffers, does tesla get punished >> i don't think so. first of all, i think there's a good group of people, they just haven't had a chance to execute. remember, he does have a -- we saw that on the last tesla call, by the way, where he did in intervene. he has tremendous numbers. >>> still to come, what warner brothers discovery said about the end of the road for cnn plus another look at futures here down 246 as we head into the opening bell s&p futures down more "squawk on the street" straight ahead adapts to different oxygen levels and starved it. i am here because they switched off egfr gene mutation and stopped the growth of tumor cells. there's a place that's making one
. >> parag agrawal didn't get a chance -- >> he sure didn't, did he?> david faber, you can go back to your assignment now thank you. we'll let you know if we need you. >> okay. >> i just have one quick question, what does it mean for tesla? you can imagine a reality let's say snap warned a little bit of maybe a turn in the advertising cycle. let's say that gets hit hard and twitter suffers, does tesla get punished >> i don't think so. first of all, i think...
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Apr 25, 2022
04/22
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they have a complete lack of confidence in ceo parag agrawal. it centers on musk's troubles with the sec. if it establishes sale too musk could be risky it could ask for sizable break upfee. and twitter could see a go shop position, allows the target to seek other bids even if a deal is signed. the stock price though on a deal may be near, shares got a nice bump. they are trading i think think . if the it gets close to his final offer that could complicate matters. jackie, we could hear as from tm as early as day. jackie: thank you for the audience, bearing with us. we had a audio issue at the top of the straight. it was straightened out. get reaction to the twitter story from former investment banker carol ross. great to see you. you said recently i will leave twitter is elon musk takes over is the new i will move to canada if trump wins sounds a lot like it. get your reaction to this. investors like to see musk's involvement, there are those out there in the world, twitterverse that don't necessarily want to see this happen? >> yeah. it is rea
they have a complete lack of confidence in ceo parag agrawal. it centers on musk's troubles with the sec. if it establishes sale too musk could be risky it could ask for sizable break upfee. and twitter could see a go shop position, allows the target to seek other bids even if a deal is signed. the stock price though on a deal may be near, shares got a nice bump. they are trading i think think . if the it gets close to his final offer that could complicate matters. jackie, we could hear as from...
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Apr 11, 2022
04/22
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board of directors of twitter after becoming the largest shareholder 9.2% of stock chief executive parag agrawalking shots at the social media giant all weekend, meanwhile,ing posting a poll, to turn twitter san francisco headquarters into a homeless shelter because quote nobody shows up anyway, look how this is followers answered yes, 91.3% said "yes" turn into a homeless shelter since nobody shows up dagen. dagen: elon musk has not the reacted to this announcement defeated a giggling monthlyingi they probably had conversations with musk said you are not going to be able to stay and do anything on twitter, that you like if you are on the board. that you are going to have to behave in the same way that we all do as quote fiduciaries of the company i am saying way want you better step up do right thing for all shareholders, also point out that he only spent about 1% of his total neither worth on giant stake in twitter more than 9% if you are looking at a portfolio allocation pretty small. maria: i know dagen, wondering if he had a real limit in terms of the number of shares he could buy if if he
board of directors of twitter after becoming the largest shareholder 9.2% of stock chief executive parag agrawalking shots at the social media giant all weekend, meanwhile,ing posting a poll, to turn twitter san francisco headquarters into a homeless shelter because quote nobody shows up anyway, look how this is followers answered yes, 91.3% said "yes" turn into a homeless shelter since nobody shows up dagen. dagen: elon musk has not the reacted to this announcement defeated a...
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Apr 25, 2022
04/22
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the prevailing theme they want twitter to take the deal and complete lack of confidence in ceo, parag agrawalming their own valuation right now so they can justify to elon and shareholders what the company is worth. one snag, even if a deal closes and centers on musk's troubles with sec if twitter establish sale to him they could ask for a sizable fee in case the deal falls through. twitter won't wait long. they have earnings thursday. could address the today. i would love to be a fly on the wall at twitter headquarters. employees were dreading mere thought. stuart: a lot of occasions i would like to be a fly on the wall. the board meeting is one of them. thanks, kelly. >>> joe rogan has seen massive subscriber growth for his podcast. i guess controversy works for him, ashley? ashley: no publicity or any publicity is good pub policety. joe rogan claims the media frenzy over anti-vax conspiracy guests and pass use of the "n-word" netted him two additional subscribers. he made the claim answering a question from british political commentator, douglas murray. take a listen. >> you have been put
the prevailing theme they want twitter to take the deal and complete lack of confidence in ceo, parag agrawalming their own valuation right now so they can justify to elon and shareholders what the company is worth. one snag, even if a deal closes and centers on musk's troubles with sec if twitter establish sale to him they could ask for a sizable fee in case the deal falls through. twitter won't wait long. they have earnings thursday. could address the today. i would love to be a fly on the...
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Apr 15, 2022
04/22
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, twitter stock on downturn for a while you can see when chart comes up prices dropping before parag agrawalider shareholders position, we want to see potentially -- could potentially see just as quick a drop in share price. maria: that is right we've been watching that as well the whole speculation around elon musk has lifted the stock as if out what happens then thank you very much, for your reporting there, joining me right now to talk more about that, overall regulation is former chairman of the securities and exchange commission harvey pitt ceo of kalorama partners great to see you again thank you so much for being here everybody seems to have an opinion, on whether or not elon musk should buy twitter, mark cuban says the twitter cake taefr attempt he believes will do everything it can to stop any sale what are your tholths from a regulatory and lawful, point people complaining the way he announced the bid, the way date announced he wants to take it over was wrong, did he do anything wrong in any of this? >> well, i have to start by saying one thing about elon musk is he is not o he bor
, twitter stock on downturn for a while you can see when chart comes up prices dropping before parag agrawalider shareholders position, we want to see potentially -- could potentially see just as quick a drop in share price. maria: that is right we've been watching that as well the whole speculation around elon musk has lifted the stock as if out what happens then thank you very much, for your reporting there, joining me right now to talk more about that, overall regulation is former chairman...
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Apr 11, 2022
04/22
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BBCNEWS
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you could potentially buy more previously, everyone thought that this was a great deal for both parag agrawalter�*s biggest shareholder, and if he's on the board, he gets to almost kind of be a kind ofjoint boss of the chief executive. so, he would have immense power, and actually, the chief executive himself said that elon musk would have a lot of power and influence. so, for example, over certain things on twitter�*s policy, things on how people are verified, whether you should have an edit button on twitter, and actually, elon musk has been tweeting all this week about what things could twitter do to make the platform better. so, he would have a lot of freedom to do kind of whatever he wanted, as a member of the board, or at least push for the kinds of things that he wanted. he calls himself a free speech absolutist, so he'd be nudging twitter towards that direction. now that's not going to happen, he will still have influence, he is still twitter�*s biggest shareholder. but he'll be doing that outside, and that's dangerous for twitter, because he really could afford to buy twitter, very,
you could potentially buy more previously, everyone thought that this was a great deal for both parag agrawalter�*s biggest shareholder, and if he's on the board, he gets to almost kind of be a kind ofjoint boss of the chief executive. so, he would have immense power, and actually, the chief executive himself said that elon musk would have a lot of power and influence. so, for example, over certain things on twitter�*s policy, things on how people are verified, whether you should have an...