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Apr 5, 2022
04/22
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BLOOMBERG
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let's his master plan for twitter and how does it fit into twitter's master plan? max: elon musk likes twitter. he's an enthusiastic user and you can see why twitter would want him on the board. for musk, the master plan is about tesla. let happening here, i'm sure elon has big ideas for twitter around free speech but the game behind this is protecting tesla's most important marketing channel. ed mentioned it is elon musk's way of communicating with investors and raising an enormous, almost unlimited capital for tesla. it's also a great way he has been able to market himself in the cars. having a seat on twitter's board is going to help him in the long-term. yesterday, twitter's value went up bunch. tesla went up a lot less as a percentage but musk made a lot more money on tesla. his money is still in tesla and we should be thinking about it in those terms. emily: looking at these tweets today, i'm excited to share we are appointing elon to our board. it became clear to us in conversations in recent weeks that he would bring great value to our board. jack dorsey re
let's his master plan for twitter and how does it fit into twitter's master plan? max: elon musk likes twitter. he's an enthusiastic user and you can see why twitter would want him on the board. for musk, the master plan is about tesla. let happening here, i'm sure elon has big ideas for twitter around free speech but the game behind this is protecting tesla's most important marketing channel. ed mentioned it is elon musk's way of communicating with investors and raising an enormous, almost...
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Apr 26, 2022
04/22
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KQED
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i just spoke to at twitter employee who said he is quitting twitter.is going to be huge political football for the next coming months. ross: thanks to james for that. let's bring in stephanie, technology analyst. what do you make of this? stephanie: it's obviously very exciting for people on twitter. it just depends. ross: the majorof people are not on twitter. so all those people watching who don't use twitter, why does this story matter? stephanie: twitter is very interesting in that it is by no means the most popular of the social media platforms, but it is quite significant. it is used by lots of journalists and buy some any governments around the world. until twitter -- twitter was the first to punt donald trump office platform. he ruled that site with 87 million followers and any time would start tweeting, it just took over the timeline. so this question free-speech that the new owner elon musk has been raising is going to be interesting, because a lot of people are wondering, is he signaling that we could potentially see the return of donald tru
i just spoke to at twitter employee who said he is quitting twitter.is going to be huge political football for the next coming months. ross: thanks to james for that. let's bring in stephanie, technology analyst. what do you make of this? stephanie: it's obviously very exciting for people on twitter. it just depends. ross: the majorof people are not on twitter. so all those people watching who don't use twitter, why does this story matter? stephanie: twitter is very interesting in that it is by...
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Apr 26, 2022
04/22
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BLOOMBERG
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in the statement issued by twitter and twitter's board, they note that $54.20 per share is a 38% premium over the closing share price on april 1. april 1 was the last trading session before musk disclosed his stake in the company. we just read into that that they see it as fair value. but at this stage, more questions than answers. emily: indeed. ed ludlow, thank you. we are going to be with you throughout the shell. i want to stick with twitter and bring in insider intelligence principal analyst jasmine enberg, as well as bloomberg's michelle davis. michelle, ed just walked us through the nuts and bolts of the deal. talk to us about the unknowns at this point. we have twitter earnings coming up in a few days. is there a chance elon musk could see the numbers and say, hey, no thanks? michelle: the unknowns that we have at this point are many. but it is official, there is a deal. what we do not know is the $21 billion equity checked we just talked about, how much of that the end of the day will be officially from musk and how much of that will take the form of other equity partners coming
in the statement issued by twitter and twitter's board, they note that $54.20 per share is a 38% premium over the closing share price on april 1. april 1 was the last trading session before musk disclosed his stake in the company. we just read into that that they see it as fair value. but at this stage, more questions than answers. emily: indeed. ed ludlow, thank you. we are going to be with you throughout the shell. i want to stick with twitter and bring in insider intelligence principal...
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Apr 14, 2022
04/22
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BLOOMBERG
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so, he's playing a game with twitter and with the investors in twitter and with the market for twitterecurities. ed: and it's a game or maneuver or way in which he conducts himself through the medium of social media, fascinating in this current day and age and we shouldn't be shocked by it, given that we have had the head of the united states, a president himself that used to give a lot of news through social media but how do you think the sec can look at the announcement of taking a certain amount of shares and wanting to do a bid to? how do you think regulation can adapt to the new age of the new environment? harvey: i think it's very difficult because the sec rules didn't really contemplate social media. while there have been very good attempts by the sec to try to modernize their positions, it's still very difficult for them. the fact that somebody can simply tweet out to 85 million people market influencing information is not something the sec has yet come up with a solution for and i think that is going to have to be something that takes a very close look at. caroline: if you wer
so, he's playing a game with twitter and with the investors in twitter and with the market for twitterecurities. ed: and it's a game or maneuver or way in which he conducts himself through the medium of social media, fascinating in this current day and age and we shouldn't be shocked by it, given that we have had the head of the united states, a president himself that used to give a lot of news through social media but how do you think the sec can look at the announcement of taking a certain...
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Apr 14, 2022
04/22
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CNBC
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twitter cfo.rnoon i wonder, we're going to hear some leaks out of that, don't you think? >> oh, yeah. i think employees -- one of the problems is if he takes it over, you'll see an exodus they should go over to metta why do they want to deal with this possible craziness. by the i warks let me just say, elon has every right and earned the respect around creating something out of nothing whether it's tesla or spacex this seems like a distraction and if i was a tesla shareholder even though they love him, this is a lot to love you know, and they may want -- they may want him to focus on the things he does best, which are cars and spaceships and the stuff he has done there is astonishing. this feels like a side hustle in some ways. >> right well, we did mention earlier, tesla now down almost 3.5% on some of those concerns kara -- >> wall street knows i trust wall street on this one. the stock market knows what this is that's what i would look at. >> kara, thank you kara swisher. >> that would be a fun
twitter cfo.rnoon i wonder, we're going to hear some leaks out of that, don't you think? >> oh, yeah. i think employees -- one of the problems is if he takes it over, you'll see an exodus they should go over to metta why do they want to deal with this possible craziness. by the i warks let me just say, elon has every right and earned the respect around creating something out of nothing whether it's tesla or spacex this seems like a distraction and if i was a tesla shareholder even though...
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Apr 15, 2022
04/22
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BLOOMBERG
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so he is playing a game with twitter and with the investors in 2013 and the market, twitter securities. caroline: it is a game and the way he conducts himself through the medium of social media which is fascinating in this current day and age and we should bt be shocked by it. the head of the united states, the president himself used to give a lot of news via the social media platform. how do you think s.e.c. regulation can adapt to this new age of this new environment? >> i think it is very difficult because the s.e.c.'s rules did not really contemplate social media. while there have been very good attempts by the s.e.c. to try to modernize their positions, it is still very difficult for them. the fact that somebody can simply -- to 85 million people, market influencing information is not something the s.e.c. has yet come up with a solution for and i think that is going to have to be something. it takes a very close look at. caroline: if you were chairman, one word of advice right here, right now for the s.e.c.? >> if i were chair, what would i do? caroline: yeah. well, first of all,
so he is playing a game with twitter and with the investors in 2013 and the market, twitter securities. caroline: it is a game and the way he conducts himself through the medium of social media which is fascinating in this current day and age and we should bt be shocked by it. the head of the united states, the president himself used to give a lot of news via the social media platform. how do you think s.e.c. regulation can adapt to this new age of this new environment? >> i think it is...
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Apr 20, 2022
04/22
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ALJAZ
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with twitter and proposing buying twitter. if we stand back and we think about the law mosque and what he wants to accomplish in his lifetime, he wants to do things that are going to push humanity forward and going to mars and electrifying vehicles. these types of grand challenges are where if he spends his time, he can really cement his legacy, going and taking over twitter and spending his time instead at twitter is important . yes, for free speech around the world. but at the same time, he might view his time better spent, hopefully trying to accomplish some of these big, big problems that only he is prepared to tackle william cohen. twitter wants to double its revenues by 2023, with 315000000 monetize zable. daily active uses as if we needed a reminder that we are monetize a bowl active uses. how ambitious it plans, how has with it compared to say facebook from a profitability perspective the twitter is wolf, fully unprofitable. i think, you know, you. ready said the beginning of the show. ready that it is not a great busi
with twitter and proposing buying twitter. if we stand back and we think about the law mosque and what he wants to accomplish in his lifetime, he wants to do things that are going to push humanity forward and going to mars and electrifying vehicles. these types of grand challenges are where if he spends his time, he can really cement his legacy, going and taking over twitter and spending his time instead at twitter is important . yes, for free speech around the world. but at the same time, he...
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Apr 21, 2022
04/22
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LINKTV
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twitter.made a $43 billion offer and says the social media giant needs to be taken private to grow and become a platform for free speech. the twitter board is fighting back. it adopted a so-called poison pill plan that will prevent anyone from owning more than for -- a 15% stake in the company, allowing people to buy shares at a discount. musk increased his stake to 9%, making him twitter's largest shareholder. musk calls himself a free speech absolutist, opposed to any restrictions on what someone can say on social media. he's posted tweets saying he thinks twitter is headed in the wrong direction. it isn't the first time he railed against twitter, claiming it represses free speech. news of the bid set the internet on fire. among those responding, a saudi arabian investor who tweeted, saying as one of the major shareholders in twitter, he rejected a takeover bid by elon musk. he said, i don't believe the offer by elon musk, $54.20 per share, comes close to the intrinsic value of twitter given
twitter.made a $43 billion offer and says the social media giant needs to be taken private to grow and become a platform for free speech. the twitter board is fighting back. it adopted a so-called poison pill plan that will prevent anyone from owning more than for -- a 15% stake in the company, allowing people to buy shares at a discount. musk increased his stake to 9%, making him twitter's largest shareholder. musk calls himself a free speech absolutist, opposed to any restrictions on what...
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Apr 26, 2022
04/22
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ALJAZ
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and yes, we are on twitter. i'll handle as as a j inside story from me laura kyle and the whole team here in doha is good bye for now. ah. ah. where temperature's reach minus 35 degrees celsius and mountain roads become barely possible? one small, many bus serves as a lifeline for a community facing environmental and cultural change. ah, out, is there a well joined the regulars on board? turkeys shin kaya bus analogies, era ah, holding the powerful to account as we examine the us, his role in the world on al jazeera, when the war on ukraine commenced, people in power reached out to inhabitants of harper. the nation 2nd city, less than 40 miles from the russian border. as the carnage unfolds, a handful of civilians document their experiences as they tried to survive and maintain some normality in a reality. turn upside down. a rare glimpse of life under the ball. you crave a city under siege on a j 0. ah, this is al jazeera. ah hello, i'm fully back to bo, this is in use. our live from doha. coming up in the next
and yes, we are on twitter. i'll handle as as a j inside story from me laura kyle and the whole team here in doha is good bye for now. ah. ah. where temperature's reach minus 35 degrees celsius and mountain roads become barely possible? one small, many bus serves as a lifeline for a community facing environmental and cultural change. ah, out, is there a well joined the regulars on board? turkeys shin kaya bus analogies, era ah, holding the powerful to account as we examine the us, his role in...
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Apr 19, 2022
04/22
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BLOOMBERG
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twitter did not do that. and no we are seeing one of the potential consequences of an unsolicited bid for the company. it raises a lot of fascinating new questions we have not seen before. emily: it is interesting given how criticized the dual class share structure has been at facebook, at google potentially giving the founders too much power. how likely is it that twitter's poison pill defense will actually work? dr. milhaupt: well, so, the board has instituted the poison pill without shareholder approval which is the beauty of the poison pill for u.s. managers unlike defensive measures in other parts of the world. in the u.k., europe or in japan where shareholders would have to approve the defensive measure. in the united states, it is not required but they will have to answer ultimately to the shareholders. they cannot simply sit behind the poison pill. they will have to justify why not letting elon musk's tender offer go forward is in the best interest of the corporation and shareholders. i think this mai
twitter did not do that. and no we are seeing one of the potential consequences of an unsolicited bid for the company. it raises a lot of fascinating new questions we have not seen before. emily: it is interesting given how criticized the dual class share structure has been at facebook, at google potentially giving the founders too much power. how likely is it that twitter's poison pill defense will actually work? dr. milhaupt: well, so, the board has instituted the poison pill without...
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Apr 27, 2022
04/22
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BLOOMBERG
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he tries to clarify on twitter his intentions for twitter, next. this is bloomberg. ♪ emily: as the deal is being sealed for elon musk to buy twitter, he tweeted that he hopes even his worst critics remain on the surface, because that is what free speech means. but what changes will he make? does he even know yet? i'm joined by that coast of the all in podcast, tim o'brien. looking forward to a spirited conversation. david, i want to start with you with this question. what does free-speech mean to you? >> what it means to me as we don't have arbitrary censorship rules on the platform that twitter will act as an open town square. it will be an honest referee of the debate but will not try to choose winners and losers in the debate. what we've seen over the past few years is a growing movement toward censorship, where it started with individuals who are unpopular provocateurs like alex jones. they were deplatformed. then you had a sitting president of the united states being deplatform. -- deplatformed. then during covid, we saw entire categories of
he tries to clarify on twitter his intentions for twitter, next. this is bloomberg. ♪ emily: as the deal is being sealed for elon musk to buy twitter, he tweeted that he hopes even his worst critics remain on the surface, because that is what free speech means. but what changes will he make? does he even know yet? i'm joined by that coast of the all in podcast, tim o'brien. looking forward to a spirited conversation. david, i want to start with you with this question. what does free-speech...
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Apr 5, 2022
04/22
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BLOOMBERG
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elon musk and twitter. he says he owns a 9.2% stake in twitter worth somewhere around $3.7 billion now. making him the company's largest shareholder. the question is how he will use this new power. let's bring in ed ludlow. how active will he be? quite the devil is in the. you are only eligible to do this if you have no intention of changing or trying to control the operations of the issuing company. you are a passive investor. and look at the board. at 27% gain on twitter. various asset classes not moving strongly in either direction but that gain is having an effect. come with me to my bloomberg terminal. this is the biggest jump in twitter stock since november of 2013. i know you were there in 2013. you witnessed the masses -- the massive surge in twitter. this is a stock that was underperforming year to date. but things have lost momentum in 2013. emily: i was on the floor of the new york stock exchange when twitter went public. i will stick with twitter. joining as is the general partner of moxie ventu
elon musk and twitter. he says he owns a 9.2% stake in twitter worth somewhere around $3.7 billion now. making him the company's largest shareholder. the question is how he will use this new power. let's bring in ed ludlow. how active will he be? quite the devil is in the. you are only eligible to do this if you have no intention of changing or trying to control the operations of the issuing company. you are a passive investor. and look at the board. at 27% gain on twitter. various asset...
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Apr 29, 2022
04/22
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BLOOMBERG
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none of which twitter does.vertising platform relative to the king could book -- think facebook does it has never had as much power. and for fact that the platform is not growing robustly relative to the growth of snapchat, twitter is a less exciting place for advertisers to be at a place that cannot drive to growth in advertising and revenue that some of these platform have driven. it is a fairly significant, in billions of dollars of advertising revenue scale business. so it is not a small company. if the priority were to drive twitter to profitability like roger indicates it should be, i'm sure there is a way to do that by shrinking the size of the company. i did think the various people who run the company have always been motivated by a bigger ambition and have invested in growing the size of the company and for right or wrong. emily: what do you think the chances are that elon musk can unlock the potential? ali: it is fascinating how much even cares about near-term profitability. he is accountable to no on
none of which twitter does.vertising platform relative to the king could book -- think facebook does it has never had as much power. and for fact that the platform is not growing robustly relative to the growth of snapchat, twitter is a less exciting place for advertisers to be at a place that cannot drive to growth in advertising and revenue that some of these platform have driven. it is a fairly significant, in billions of dollars of advertising revenue scale business. so it is not a small...
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Apr 4, 2022
04/22
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BLOOMBERG
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in twitter?n next. earlier we heard from cathie wood, the coo of arc whose innovation shed twitter shares earlier this year. cathie: i will say this could be setting up for another leadership change at twitter. you never know. i am not jumping to this conclusion automatically. i am saying it is one of many possibilities. it will either be changing the policy of the company, to really open source, the censorship for call people out on censorship. or it will be a management change. i don't know what is going to happen. ed: cathie wood saying she is not sure what is going to happen, but this could be a shot across the bow for the ceo of twitter, it could be a warning from elon musk. she also talked a bit about the landscape for social media stocks, which of course have not been great this year. just a quick point, though, that that jump in twitter shares we saw during monday's session took twitter firmly into positive territory where you have the likes of facebook down more than 30% year to date and
in twitter?n next. earlier we heard from cathie wood, the coo of arc whose innovation shed twitter shares earlier this year. cathie: i will say this could be setting up for another leadership change at twitter. you never know. i am not jumping to this conclusion automatically. i am saying it is one of many possibilities. it will either be changing the policy of the company, to really open source, the censorship for call people out on censorship. or it will be a management change. i don't know...
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Apr 7, 2022
04/22
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BLOOMBERG
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there is a huge crypto community on twitter and the future of twitter could be more decentralized. >>weird to hear kristen smith talk about it from the decentralized social network standpoint because you could also think about it from a commerce standpoint. twitter has already started to integrate pieces of the lightning network here to make some payments possible via the platform through the lightning network. that is a very popular project when it comes to bitcoin and payment transfers. the idea of decentralizing social media, there are a lot of projects out there people try to use when it comes to media and decentralization but they are still in early days. there are questions about how twitter might take a role in the space. >> pascal, before we begin, i would love for you to give us a flavor of bitcoin 2022. it was big last year. is it even bigger this year and what are people talking about? >> yes very intense this year. i was not allowed to travel to the u.s. but what i know is this year is even more intense than last year post-pandemic. people are really happy to figure this o
there is a huge crypto community on twitter and the future of twitter could be more decentralized. >>weird to hear kristen smith talk about it from the decentralized social network standpoint because you could also think about it from a commerce standpoint. twitter has already started to integrate pieces of the lightning network here to make some payments possible via the platform through the lightning network. that is a very popular project when it comes to bitcoin and payment transfers....
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Apr 29, 2022
04/22
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BBCNEWS
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let's talk about twitter.ng announcement came on monday, it's a major news sources vivian explains, elon musk has had an offer of $41; billion excepted for the whole thing. lauren hirsch from the new york times, you've been reporting on this in detail. while it would been jaw—dropping however long it took but to happen so quickly really took us all by surprise. ho di that happen? it was incredible. i was outside a show texting with a source just to touch l base and my source goes, a deal could happen - maybe monday, maybe not. i was like, "what are you talking about? . it happened at an - exceptionally fast speed. to take a step back, - elon musk put the offer out there without any financing. there was a lot of scepticism that was real, it wasn't - legitimate and he lined up on wednesday, displayed i on thursday and all of a sudden it became very real. _ and the board was faced i with the decision of looking at it's prospect of standing . alone and what its long—term business trajectory was. and there was this
let's talk about twitter.ng announcement came on monday, it's a major news sources vivian explains, elon musk has had an offer of $41; billion excepted for the whole thing. lauren hirsch from the new york times, you've been reporting on this in detail. while it would been jaw—dropping however long it took but to happen so quickly really took us all by surprise. ho di that happen? it was incredible. i was outside a show texting with a source just to touch l base and my source goes, a deal...
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Apr 28, 2022
04/22
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FOXNEWSW
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elon musk has bought twitter but he is still not in control of twitter. alex behrens is still banned from twitter. he's one of the few who has been censor to that is fighting back with a lawsuit that could go to court tomorrow. alex joins us next with an update on that. ♪ ♪ i was trying to refinance my mortgage. i went to check my credit score and i found a couple of inquiries that i had not initiated. within a few weeks of working with creditrepair.com, my credit score went up about 60 points. get started at creditrepair.com >> tucker: it's been a couple days now but liberals are still in full hysteria and panic on the idea that they might lose their monopoly on speech in this country since elon musk bought twitter. she thought a lot about how to fix twitter's free speech problem, she's a frequent guest here. thanks for coming on. so if you get into the details it's actually pretty complicated. how exactly do you fix twitter's free-speech problem? >> first, elon musk has one of the most important if not the most important free-speech vehicles right now s
elon musk has bought twitter but he is still not in control of twitter. alex behrens is still banned from twitter. he's one of the few who has been censor to that is fighting back with a lawsuit that could go to court tomorrow. alex joins us next with an update on that. ♪ ♪ i was trying to refinance my mortgage. i went to check my credit score and i found a couple of inquiries that i had not initiated. within a few weeks of working with creditrepair.com, my credit score went up about 60...
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118
Apr 26, 2022
04/22
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LINKTV
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company that started twitter.d out to the richest man in the world taking over one of the most powerful social media platforms in the world that you helped start? >> it is a bit disturbing because we don't know what is going to happen. we don't know where he is going to take it. under the current administration of the company, had commitment to things like moderation policies [indiscernible] we can see where it goes. elon musk has advocated for some things that are big and great and some things that are really terrible and will harm it. we simply don't know anymore where he is going to take it but we do know that he has spent a bit of an abusive crypto bro on twitter and is that the kind of person we want? juan: you mentioned the issue of crypto currency, there are some who believe ts is an attempt for him to be able to spread his support of cryptocurrency in establish worldwide structure. what is your sense of his support of cryptocurrency and twitter? >> we don't know. he believes in open source, open protocols.
company that started twitter.d out to the richest man in the world taking over one of the most powerful social media platforms in the world that you helped start? >> it is a bit disturbing because we don't know what is going to happen. we don't know where he is going to take it. under the current administration of the company, had commitment to things like moderation policies [indiscernible] we can see where it goes. elon musk has advocated for some things that are big and great and some...
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Apr 27, 2022
04/22
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ALJAZ
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as the mentally personally, i never see any twitter ads, and i don't get the algorithmic twitter feed because i use a 3rd party called tweet book. and it only gets the sort of chronological timeline . and though, and so in that sense, i'm getting the truth of it, but it used to be a must possibly could be. so, you know, this is totally possible and i use it all the time because i'm a journalist as from a sent in a journal. so drawn to it because that's where you find news, where to quickly find sources you find information. when he has said that he would allow the laws of each individual country to govern the free speech or, or predict, or dick determine what free speech is allowed. but how does that work when twitter is a global entity, and there are so many different countries for so many different laws. i think you 0 then on this one to be a fundamental problem to the idea of really enforcing what we consider the global international norms on freedom of expression. which is at present time, according to your own research question, globally that it will this level in 20 years. and t
as the mentally personally, i never see any twitter ads, and i don't get the algorithmic twitter feed because i use a 3rd party called tweet book. and it only gets the sort of chronological timeline . and though, and so in that sense, i'm getting the truth of it, but it used to be a must possibly could be. so, you know, this is totally possible and i use it all the time because i'm a journalist as from a sent in a journal. so drawn to it because that's where you find news, where to quickly find...
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110
Apr 15, 2022
04/22
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BLOOMBERG
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or not, deso is inevitable because either deso apps outcompete twitter or twitter ends up in the longmbracing deso, storing its content on there so we can access things like nft's, micro transactions and the coins associated with it. either way, deso i think is the future. that's why it is so exciting. caroline: how about content moderation? nader: this is the unintuitive thing that a lot of people take for granted. when you have an open platform like deso, there's a lot more transparency into what is going viral and why. the reputation of the people who are posting. is it a bot or not? you can have the best machine learning resources in the world analyzing the content, identifying bots. bot farms, bot armies. and in the long term, moderation could be something that a lot of people take part in by analyzing the chain, producing lists of things they believe are harmful that other apps consume. all of this can be done by smaller players with higher fidelity and accuracy than the platform monopolies today because everyone in the economy has the incentive to build a piece that they are go
or not, deso is inevitable because either deso apps outcompete twitter or twitter ends up in the longmbracing deso, storing its content on there so we can access things like nft's, micro transactions and the coins associated with it. either way, deso i think is the future. that's why it is so exciting. caroline: how about content moderation? nader: this is the unintuitive thing that a lot of people take for granted. when you have an open platform like deso, there's a lot more transparency into...
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Apr 27, 2022
04/22
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ALJAZ
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reporters all around the world, often source and engage with stories by a twitter or less given the twitter is so influential in society, if it right. but such a powerful tool should be in the hands of just one man. i think it's extremely problematic, actually not for many, many different reasons. first of all, twitter was already encountering huge issues with algorithmically powered dis information. what i mean by that is content was being targeted to people and going viral that tended to be hateful, conspiratorial, and really kind of grabbing those people's attention. so that's not the way any sort of media network should function. there should be some baseline of kind of commonality to what people see. it's really problematic even more so because musk himself has boosted quite widely that he's a free speech absolute strain. so what does that mean? that means in any given society, when we talk about free speech, we should have lots of different kinds of speech be part of the platform. but what we found again and again on twitter and mosque is highly unlikely to do anything about it. is th
reporters all around the world, often source and engage with stories by a twitter or less given the twitter is so influential in society, if it right. but such a powerful tool should be in the hands of just one man. i think it's extremely problematic, actually not for many, many different reasons. first of all, twitter was already encountering huge issues with algorithmically powered dis information. what i mean by that is content was being targeted to people and going viral that tended to be...
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Apr 15, 2022
04/22
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KRON
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the world's richest man and largest twitter shareholder made an unsolicited bid to buy twitter outright. thanks for joining us. i'm ken wayne and i'm catherine heenan in for pam moore. moscow is valued at 265 billion dollars is offering 43 billion for the san francisco based company kron four's. dan kerman has been following this story and he joins us live from the newsroom with more. dan. >> you know, was in recent weeks when musk revealed he'd been buying up shares of twitter to the tune of about 9%. twitter responded by offering him a seat on the board on the condition he not by any more than about 14.9% of the company's outstanding stock. but 5 days later must decline the offer. now he's hoping to take control of the company. another way by buying it outright. >> the ownership of twitter could be changing. now the tesla ceo elon musk has launched a hostile takeover bid of the san francisco based company. musk tweeted i made an offer with a link to the sec filing where he's offering to buy 100% of twitter for $54.20. a share in cash. this is really what i believe can be the the first
the world's richest man and largest twitter shareholder made an unsolicited bid to buy twitter outright. thanks for joining us. i'm ken wayne and i'm catherine heenan in for pam moore. moscow is valued at 265 billion dollars is offering 43 billion for the san francisco based company kron four's. dan kerman has been following this story and he joins us live from the newsroom with more. dan. >> you know, was in recent weeks when musk revealed he'd been buying up shares of twitter to the...
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Apr 25, 2022
04/22
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twitter has agreed unanimously. all right we are coming right back with the ceo of plug power, stay tuned. ♪ ♪ we believe there's an innovator in all of us. ♪ that's why we build technology that makes it possible for every business... and every person... to come to the table and do more incredible things. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire matching your job description. visit indeed.com/hire i earn 3% cash back at drugstores with chase freedom unlimited. so i got cards for birthdays, holidays, graduations, i'm covered for everything. which reminds me, thank you for driving me to the drugstore. earn big time with chase freedom unlimited with no annual fee. how do you cashback? chase. make more of what's yours. liz: we need to get you this news, little red corvette is going green. look at this. ♪ liz: oh, yeah look at that thing ,
twitter has agreed unanimously. all right we are coming right back with the ceo of plug power, stay tuned. ♪ ♪ we believe there's an innovator in all of us. ♪ that's why we build technology that makes it possible for every business... and every person... to come to the table and do more incredible things. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching...
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and he also sees twitter as the digital town square. he also wants to tackle twitter is algorithm to make them open source because he believes there needs to be more transparency in the codes that decide what content gets pushed to the top of our news feed and why twitter ceo actually told employees that the company does not know what you learn most cost and store for the future. so there is a lot of uncertainty about what she will actually end up pursuing as the next days go forward to correspondence to me. so it's gone to their reporting from washington, and we will have more on ella must bind twitter later in the business news with christy plus. now it's turned over to developments in the war and ukraine. russia has launched a string of attacks against railway stations and fuel installations deep inside the country comes after russia's foreign minister said that weapons supplied by western countries would be a quote. legitimate target. moscow has kept up, it's showing of civilian areas in southern and eastern ukraine, a railway stati
and he also sees twitter as the digital town square. he also wants to tackle twitter is algorithm to make them open source because he believes there needs to be more transparency in the codes that decide what content gets pushed to the top of our news feed and why twitter ceo actually told employees that the company does not know what you learn most cost and store for the future. so there is a lot of uncertainty about what she will actually end up pursuing as the next days go forward to...
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Apr 18, 2022
04/22
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at twitter headquarters here is your top five at 5:00. it is musk versus twitter. they fight the buyout with some seeing it as extreme measure captivating corporate america and wall street. what you have to say about it all. >>> stocks looking to get back on the right track after the losing streak. >>> the number of high profile names set to report. we layout the ones to watch. >>> the american airlines ceo saying you can count on us pledged by the man in charge to make sure your plane takes off on time this summer. >>> and will soaring borrowing costs hit the housing market the ceo of coldwell banker is here it is happening on monday, april 18th on "worldwide exchange. good morning, good afternoon, good evening welcome from wherever in the world you may be watching. thank you very much for joining us i'm brian sullivan we have an absolutely packed hour for you to kickoff the week let's not daly and get to the monday money futures are down across the board. not by a lot dow off 78 the nasdaq looks to be the bigger decliner. assuming this trend holds. nasdaq futures
at twitter headquarters here is your top five at 5:00. it is musk versus twitter. they fight the buyout with some seeing it as extreme measure captivating corporate america and wall street. what you have to say about it all. >>> stocks looking to get back on the right track after the losing streak. >>> the number of high profile names set to report. we layout the ones to watch. >>> the american airlines ceo saying you can count on us pledged by the man in charge to...
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but twitter has struggled to post a profit. it has that it has had more nat lost and profits over the last decade, including 222-020-2021 last year and posted the net loss of $221000000.00. now, despite these losses, twitter has a market valuation of $33000000000.00 in on mosque offered $44000000000.00 to take it over. and that has many asking if the millionaire is paying too much for the social media firm. or if he seeing an opportunity that many have missed over the last decade. so there's quite a lot to unpack here. let's do that with erik jensen. he is an associate professor of sociology at war university, joins me from crabby and tylen. good to have you on the show, eric, you know, unless once a turn twitter and tape into what he calls a haven for free speech, what do you make of that? yeah, i mean, it is a little bit concerning when you think about what that means in practice. so in practice, if what he's imagining, which is what people assume that you poll the existing efforts to try to reduce the amount of use of speech
but twitter has struggled to post a profit. it has that it has had more nat lost and profits over the last decade, including 222-020-2021 last year and posted the net loss of $221000000.00. now, despite these losses, twitter has a market valuation of $33000000000.00 in on mosque offered $44000000000.00 to take it over. and that has many asking if the millionaire is paying too much for the social media firm. or if he seeing an opportunity that many have missed over the last decade. so there's...
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Apr 25, 2022
04/22
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to twitter.itter. fair enough. yes is on social media but _ back to twitter. fair enough. yes is on social media but it _ back to twitter. fair enough. yes is on social media but it is _ back to twitter. fair enough. yes is on social media but it is doing i back to twitter. fair enough. yes is on social media but it is doing all i on social media but it is doing all that well. —— he has his own. but with the new leadership, he may be very tempted to take that offer of because he was very hurt when he was banned and is often said that he needs that platform and he should have it, it is his right to be able to speak to people in the way that other world leaders and former world leaders are able to do and there's this ongoing suggestion that twitter�*s freedom of speech policies value left—wing views and right wing politicians have a harder time being heard because they're more likely to fall foul of the censorship. silicon valley is liberal place they would argue absolutely not and they are neutral
to twitter.itter. fair enough. yes is on social media but _ back to twitter. fair enough. yes is on social media but it _ back to twitter. fair enough. yes is on social media but it is _ back to twitter. fair enough. yes is on social media but it is doing i back to twitter. fair enough. yes is on social media but it is doing all i on social media but it is doing all that well. —— he has his own. but with the new leadership, he may be very tempted to take that offer of because he was very...
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Apr 28, 2022
04/22
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he enjoys being active on twitter.o think it fits within his ideological portfolio, if you will. we see him owning multiple other types of companies and he has always been this person who likes to be a low bit outlandish. he claims for free speech, now he owns a social media wing to his media conglomerate empire. for him it is a major achievement. twitter, despite not necessarily being profitable remains extremely influential especially on media itself. reporters all around the world often source and engage with the stories by twitter. laura: given that twitter is so influential in society is it right that such a powerful tool should be in the hands of just one man? >> i think it is extremely problematic, for many different reasons. twitter was already encountering huge issues with albert -- algorithmically powered disinformation. it intended to be hateful, conspiratorial, grabbing people's attention. that is not the way any sort of media network should function. there should be some baseline of commonality of what peo
he enjoys being active on twitter.o think it fits within his ideological portfolio, if you will. we see him owning multiple other types of companies and he has always been this person who likes to be a low bit outlandish. he claims for free speech, now he owns a social media wing to his media conglomerate empire. for him it is a major achievement. twitter, despite not necessarily being profitable remains extremely influential especially on media itself. reporters all around the world often...
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Apr 25, 2022
04/22
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musk to do with twitter?ou think his item number one is, and what does he mean by this needs to be the public square, the epicenter, i guess, of free speech, i guess from a libertarian concept of free speech >> less censorship there have been multiple opportunities and he's been the target of one of those in the past year or so where there has been a lot of scrutiny on things that may be said or may be tweeted that perhaps may not align with everyone's views. so, you know, taking the approach that they're going to allow free speech, they're going to allow less censorship and open it up, that's what he means with the town square. >> very interesting, cliff hodge, thank you very much brent phil, thank you. julia boorstin, i think we'll hear more from you very shortly. >> what a historic day. >> amazing. >> it happened during the day. that's it for us here on "power lunch. thanks for joining us. "closing bell" begins right now. >>> thank you, kelly and tyler welcome to "closing bell," everyone we begin with brea
musk to do with twitter?ou think his item number one is, and what does he mean by this needs to be the public square, the epicenter, i guess, of free speech, i guess from a libertarian concept of free speech >> less censorship there have been multiple opportunities and he's been the target of one of those in the past year or so where there has been a lot of scrutiny on things that may be said or may be tweeted that perhaps may not align with everyone's views. so, you know, taking the...
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Apr 15, 2022
04/22
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than a typical twitter user. certainly more bold and wealthy than a typical twitter user and is not the actual customer that they're targeting the service at. and they're just flat-out worried about being owned by elon musk because of stories they have heard of what goes on the assembly line at both tesla and a spacex. >> professor, final question to you. we mentioned another san francisco company is reportedly interested in buying twitter. a private equity firm called tomah bravo. is twitter worst it? is it a well run company? >> i can't speak to how the company is run, but to these larger questions of free speech and democracy, i don't think it matters necessarily who owns the platform. time and time again we've seen big tech chooses profits over the common good, whether it be zuckerberg not delivering on his promises to strengthen democracy or elizabeth holmes's empty promises about creating a science lab in a box. time and time again we have these noble causes that have a veneer over these profit-making ventu
than a typical twitter user. certainly more bold and wealthy than a typical twitter user and is not the actual customer that they're targeting the service at. and they're just flat-out worried about being owned by elon musk because of stories they have heard of what goes on the assembly line at both tesla and a spacex. >> professor, final question to you. we mentioned another san francisco company is reportedly interested in buying twitter. a private equity firm called tomah bravo. is...
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Apr 4, 2022
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stake on twitter.uick break. this broker is your man. let's open your binders to page 188... uh carl, are there different planning options in here? options? plans we can build on our own, or with help from a financial consultant? like schwab does. uhhh... could we adjust our plan... ...yeah, like if we buy a new house? mmmm... and our son just started working. oh! do you offer a complimentary retirement plan for him? as in free? just like schwab. schwab! look forward to planning with schwab. sales are down from last quarter, but we're hoping things will pick up by q3. yeah...uhhh... doug? [children laughing] sorry about that. umm...what...it's uhh... you alright? [loud exhale] [ding] never settle with power e*trade. it has powerful, easy-to-use tools to help you find opportunities, 24/7 support when you need answers, plus some of the lowest options in futures contract prices around. [ding] get e*trade and start trading today. oh, that's wrong. what's wrong? your swing. that's terrible... you gotta put
stake on twitter.uick break. this broker is your man. let's open your binders to page 188... uh carl, are there different planning options in here? options? plans we can build on our own, or with help from a financial consultant? like schwab does. uhhh... could we adjust our plan... ...yeah, like if we buy a new house? mmmm... and our son just started working. oh! do you offer a complimentary retirement plan for him? as in free? just like schwab. schwab! look forward to planning with schwab....
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Apr 27, 2022
04/22
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have overpaid for twitter. twitter with trump is far more exotic product, it seems to me than the opposite. i just hope that people recognize that the free enterprise system has a say in this. people don't like what elon musk is doing with twitter, they will sign off and fail. it could go the other way, as i suspect it will, then he will have made another great deal. >> sean: you know, my really admire and i don't know if many people know this. you were very transparent about it. you and some really smart people, you know who i'm talking about specifically, got together. you put money on the line and you tried to create an alternative because of the unfairness and injustice and the lack of free speech on twitter. nearly pulled it off. i think you came way closer than i think people really know. and i know you are working on other efforts of free speech platforms. i admire you for that. but between elon musk and his promise about the new twitter and truth social with donald trump with devin nunes on last night,
have overpaid for twitter. twitter with trump is far more exotic product, it seems to me than the opposite. i just hope that people recognize that the free enterprise system has a say in this. people don't like what elon musk is doing with twitter, they will sign off and fail. it could go the other way, as i suspect it will, then he will have made another great deal. >> sean: you know, my really admire and i don't know if many people know this. you were very transparent about it. you and...
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l on moscow's a, 44000000000 dollar deal to buy twitter. he says he will quote, unleash it's full potential, wants to protect free speech. also coming up, ukraine says russia is trying to disrupt the flow of weapons coming in from abroad . at least 5 people are killed. that a series of missile attacks on railway stations asked russian forces strike deep inside ukraine. and turkey hands down a life sentence for a human rights campaigner was my cavellas found guilty of trying to overthrow the government charges he says are fabricated? ah, and why bulletproof? welcome to the program. a lot musk they set to buy twitter after the social media company accepted his $44000000000.00 deal. it ends weeks of uncertainty over whether the sale would happen at all. moscow's best known for electric cars and private space flight describes himself as a free speech. absolutist is pledged a largely hands off approach to policing. what gets said on the platform at a time of growing concern about the role social media platforms play in spreading disinformation.
l on moscow's a, 44000000000 dollar deal to buy twitter. he says he will quote, unleash it's full potential, wants to protect free speech. also coming up, ukraine says russia is trying to disrupt the flow of weapons coming in from abroad . at least 5 people are killed. that a series of missile attacks on railway stations asked russian forces strike deep inside ukraine. and turkey hands down a life sentence for a human rights campaigner was my cavellas found guilty of trying to overthrow the...
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Apr 14, 2022
04/22
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i think the civilizational risk is decreased if twitter, the more we increase the trust of twitter as a public platform, and so, i do think this will be painful, and i am not sure i will be able to acquire it. i should also say, if the intent is to retain as many shareholders by the law, for a private company, which is 2000, it is not like from a standpoint of how to figure out how to monopolize ownership of twitter. i will try to bring along as many shareholders as the are allowed to. >> you don't want to pay out $40 billion in cash. you'd like them to come with you. elon: i could technically afford it. but what i am saying, is that this is not a way of making money. this is just that i think this is -- my strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important. to the future of civilization. >> but --. elon: i don't care about the economics is all. >> but quoting you, this not about the economics, this is about the moral good. you have described yourself as a free speech absolutist. does that mean there is litera
i think the civilizational risk is decreased if twitter, the more we increase the trust of twitter as a public platform, and so, i do think this will be painful, and i am not sure i will be able to acquire it. i should also say, if the intent is to retain as many shareholders by the law, for a private company, which is 2000, it is not like from a standpoint of how to figure out how to monopolize ownership of twitter. i will try to bring along as many shareholders as the are allowed to. >>...
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Apr 14, 2022
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musk's twitter bid. musk offers to buy twitter and take it private. the deal values the social media company and $43 billion. shares soaring as twitter reviews the offer. and the ecb sticking to its plan to end its bond buying program in the third quarter. we are going to set the implications with kristalina georgieva. thanks beat big. first quarter results with trade records driving enormous earnings beats. i'm pretty grouped out with guy johnson -- krita gupta. a lot of breaking on the eco-front. and of course on the twitter fund. guy: if you took the day off to get ahead of the traffic, are you a genius or did you fail massively? a lot of things happened this morning and a lot of things have been turned on their heads. you have twitter, you have the possibility of a 50 basis point hike. i am a little surprised by these numbers. you got the university of michigan sentiment index. we go to 65.7. i'm trying to work out why. current conditions, 68.1, and the expectations index -- this is where things have really changed. it has gone to 64.1. is that a
musk's twitter bid. musk offers to buy twitter and take it private. the deal values the social media company and $43 billion. shares soaring as twitter reviews the offer. and the ecb sticking to its plan to end its bond buying program in the third quarter. we are going to set the implications with kristalina georgieva. thanks beat big. first quarter results with trade records driving enormous earnings beats. i'm pretty grouped out with guy johnson -- krita gupta. a lot of breaking on the...
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where does this leave twitter now? well, this leaves twitter with a dilemma really, which is that if they don't follow the rules and the law now here in the u as if they are repeat offenders, so to speak in unmoderated speech, including hate speech and lots of other offenses than twitter will be fined and on the back of fines they will actually be halted from operating in europe, which is a significant setback for this company. and this brand and of course for iran musk himself who will lose millions of eye balls. and the name of this game is about capturing the eyeballs. allison stewart, alan. thank you so much that keith? well, it's a busy week of reporting for it. tech stocks. first out of the gate was google parent alphabet, which fell short of wall street estimates for its quarterly sales. that's. it's 1st miss. since before the pandemic as fears a global economic slowdown hit add revenues. alphabet show shares fell in after hours trading, but it was a different picture and microsoft, where the software make a rac
where does this leave twitter now? well, this leaves twitter with a dilemma really, which is that if they don't follow the rules and the law now here in the u as if they are repeat offenders, so to speak in unmoderated speech, including hate speech and lots of other offenses than twitter will be fined and on the back of fines they will actually be halted from operating in europe, which is a significant setback for this company. and this brand and of course for iran musk himself who will lose...
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Apr 11, 2022
04/22
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we found out twitter was working on anyway.ut then there are other suggestions elon musk had that were a little bit out of the ordinary -- -- one of the suggestions we had was to turn the san francisco headquarters for twitter into a homeless shelter. because according to him, no one shows up anyway. he suggested that people on twitter blue, the subscription service, people paid three dollars a month to use that, he suggested they should have a blue check mark -- which verifies that they are real people. and then he suggested may be having an option to use dogecion -- doge coin for paying for twitter blue. another suggestion he had was to not have ads on twitter blue. lots of things he said. some of those tweets, he went back and deleted. a few of them are still up. kristen: yet. he doesn't mention what would replace the revenue, if they didn't do advertising anymore. isn't that a huge chunk of the revenue? >> it is. and so, a lot of these things are things that people don't think will actually happen. and some of these tweets
we found out twitter was working on anyway.ut then there are other suggestions elon musk had that were a little bit out of the ordinary -- -- one of the suggestions we had was to turn the san francisco headquarters for twitter into a homeless shelter. because according to him, no one shows up anyway. he suggested that people on twitter blue, the subscription service, people paid three dollars a month to use that, he suggested they should have a blue check mark -- which verifies that they are...
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Apr 14, 2022
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[laughter] twitter's the new thing. now until twitter -- i'm told twitter is passe. >> well, yes.217 million daily active users. that's pretty much like a media echo chairman bear on twitter. most people -- echo chamber. most people use facebook or instagram. can i quickly bring up twitter's ceo, he pretty much predicted this. he talked about distractions -- neil: he did. >> -- to come, and i think he knew what elon musk was up to. what about the models that elon musk wants to change twitter into? 217 million daily active users. instead of advertising revenue, which is what twitter relies on, he wants to change it to a subscription service. if i charge $2 a month, will you pay $2 to use twitter? i don't think 217 million people will. neil: well, isn't the whole idea musk is talking about is to leverage it with video and other things, i don't know. that's a leap. >> i think wall street is telling you today with the downgrades that all these distractions, a lot of noise, you need to focus on building your usership which is what they tried to do. they want to try to get to 300 millio
[laughter] twitter's the new thing. now until twitter -- i'm told twitter is passe. >> well, yes.217 million daily active users. that's pretty much like a media echo chairman bear on twitter. most people -- echo chamber. most people use facebook or instagram. can i quickly bring up twitter's ceo, he pretty much predicted this. he talked about distractions -- neil: he did. >> -- to come, and i think he knew what elon musk was up to. what about the models that elon musk wants to...
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Apr 25, 2022
04/22
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twitter is closer to 2%. so twitter is not enough to move the needle for meta at all i agree with rohit that for the small advertisers, pinterest, snap, tiktok, and even some other smaller platforms like nextdoor, there should be some budget that might shift around and this might be a benefit to that but for facebook and meta, probably not going to change anything. >> what about for the pinterest and snaps, which your colleague rohit thinks there's some value in and this confirms it, the smaller names. >> i agree with that their shares are similar to twitter's. so dollars are moving off. it might move the needle for them there's some real value for advertisers in those platforms and now there's just one -- there's still going to be advertising on twitter, but elon said about changing the model being subscription based, less focused on advertising so there should be a lot of changes. for the smaller players in the ad world -- >> i wonder, rohit, what is going to happen when twitter reports earnings on thursday
twitter is closer to 2%. so twitter is not enough to move the needle for meta at all i agree with rohit that for the small advertisers, pinterest, snap, tiktok, and even some other smaller platforms like nextdoor, there should be some budget that might shift around and this might be a benefit to that but for facebook and meta, probably not going to change anything. >> what about for the pinterest and snaps, which your colleague rohit thinks there's some value in and this confirms it, the...
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really a blessing for twitter. he has a lot of supporters on the platform and feel it was really interesting even to see people tweeting at him applying for top positions and the company saying consider me as vice president for twitter. but the overwhelming trend i saw with doomsday prophecies really that twitter, after learning to moderate content and take responsibility for content on his platform that eli moscow reopened these gates. and that people like the former president donald trump, could be reinstated. and to some that all up fill the hash tag that was trending all morning here was leaving twitter. so that tells you at least how some people are taking this news. thank you for that. so me assuming some of the in washington and we'll have more on the mosque buying twitter later in the business years with christy johnson. john 1st oh to some of the latest developments in the war in ukraine and keeps a military commander say russia has tried to disrupt the flow of weapons into cry from allies abroad with a se
really a blessing for twitter. he has a lot of supporters on the platform and feel it was really interesting even to see people tweeting at him applying for top positions and the company saying consider me as vice president for twitter. but the overwhelming trend i saw with doomsday prophecies really that twitter, after learning to moderate content and take responsibility for content on his platform that eli moscow reopened these gates. and that people like the former president donald trump,...
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Apr 26, 2022
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twitter is now his personal plaything. he's the new undisputed king of twitter. clayton, bbc news, san francisco. taylor lorenz is a columnist at the washington post, covering social media and internet culture. taylor, in your view, taylor, in yourview, is taylor, in your view, is this a victory, this move a victory for free speech, or is it a victory for proliferation of hate speech? it victory for proliferation of hate speech?— victory for proliferation of hate speech? it is absolutely not a victory _ hate speech? it is absolutely not a victory for _ hate speech? it is absolutely not a victory for free - hate speech? it is absolutely not a victory for free speech. i mean, the idea that elon musk, who constantly has silenced critics, fired people for speaking out, some sort of champion free speech, is quite shocking, it is really not in line with his track record at all, and i think when we think about free speech, we have to think about whose speech is free, right? a lot of times, these hate groups will attack and harass users of marginalised backgrounds of the
twitter is now his personal plaything. he's the new undisputed king of twitter. clayton, bbc news, san francisco. taylor lorenz is a columnist at the washington post, covering social media and internet culture. taylor, in your view, taylor, in yourview, is taylor, in your view, is this a victory, this move a victory for free speech, or is it a victory for proliferation of hate speech? it victory for proliferation of hate speech?— victory for proliferation of hate speech? it is absolutely not...
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yeah, and clearly too crazy weeks between a twitter and musk. 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 a 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 of course, 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 $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 reaction on wall street
yeah, and clearly too crazy weeks between a twitter and musk. 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 a 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...