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Twitter Inc said on Friday the waiting period under the HSR Act for Elon Musk's $44-billion acquisition of the social media firm has expired. Completion of the deal is now subject to remaining customary closing conditions, including approval by Twitter stockholders and the receipt of applicable regulatory approvals, Twitter said. The HSR Act, or the Hart-Scott-Rodino Antitrust Improvements Act, requires parties to report large transactions to both the Federal Trade Commission and the US Department of Justice Antitrust Division for review. The development comes as Musk said last month that the Twitter deal was "temporarily on hold", while he sought more information about the proportion of fake accounts on the platform. Musk has secured funding for the deal, which includes $33.5 billion through equity financing and $13 billion through loans against Twitter. Twitter's shares rose about 2% to $40.62 in premarket trading.

Twitter Inc said on Friday the waiting period under the HSR Act for Elon Musk's $44-billion acquisition of the social media firm has expired. Completion of the deal is now subject to remaining customary closing conditions, including approval by Twitter stockholders and the receipt of applicable regulatory approvals, Twitter said. The HSR Act, or the Hart-Scott-Rodino Antitrust Improvements Act, requires parties to report large transactions to both the Federal Trade Commission and the U.S. Department of Justice Antitrust Division for review. The development comes as Musk said last month that the Twitter deal was "temporarily on hold", while he sought more information about the proportion of fake accounts on the platform. Musk has secured funding for the deal, which includes $33.5 billion through equity financing and $13 billion through loans against Twitter. Twitter's shares rose about 2% to $40.62 in premarket trading. (Reporting by Nivedita Balu in Bengaluru; Editing by Shounak Dasgupta)(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country…

Twitter appears to be working on a feature called “Search Subscribe,” which will let users opt to receive notifications for new tweets matching a search query. The feature was first spotted by developer Dylan Roussel, and appears to put Twitter’s bell notification icon next to the search box in its app. Tap the bell, and you’ll get notifications for new results. Search Subscribe is only showing up in the Twitter Alpha app for now, so you shouldn’t take this as a sign that it’s imminent or even definitely coming. But it’s an interesting idea, and yet another attempt from Twitter to make it easier for users to find the stuff they’re actually looking for. Right now you can get notifications for individual users, or selectively mute or block things by keyword, but you can’t opt into specific tweets rather than specific tweeters. As 9to5Google points out, the closest analog to this is probably TweetDeck, which lets you create a column for a search result and get notifications every time it updates. And given TweetDeck’s looming demise as a native app, it’s good to see any of its features migrating to the lone remaining Twitter clients. Twitter is working on a…

Twitter announces it’s testing two ways its users can engage in a Community by switching between “For You” and “Latest” timelines within each group they’re part of. This small test is rolling out for some iPhone, Android, and web users. According to Twitter, its Community feature is designed to help people find other individuals who share similar interests and provide a “comfortable space to participate in conversations that are most relevant to them.” So whether someone is a Harry Styles fan, food lover or an Xbox aficionado, we know it can be hard to keep up with conversations in a Community, especially ones with a lot of activity. With this new test, we’re making it easier for people to personalize their Community timelines and keep up with the conversations they care about most. As of now, the setting each person chooses will become the new default every time they visit that Twitter Community. The setting is unique, which means it can be changed at any time and each Community has its own. Twitter already offers the same experience on its main feed. With this change in Community, the company wants to give people the option to stay up-to-date on the…

Dogecoin DOGE/USD co-creator Jackson Plamer tore into Tesla Inc TSLA CEO Elon Musk over his attempts to take over Twitter Inc TWTR.What Happened: Palmer said when he heard about Musk buying Twitter, he thought the billionaire entrepreneur intended to “destroy” it, reported Crikey, an Australian digital news outlet.Palmer said he had written a bot (or script) to detect if there was a cryptocurrency scam in Twitter mentions and report them to the microblogging site.Musk had reportedly reached out to get it, but Palmer said it became "apparent very quickly that he didn’t understand coding as well as he made out.""He asked, ‘How do I run this Python script?’"Palmer in the interview called Musk "a grifter" who "sells a vision in hopes that he can one day deliver , but he doesn’t know that.""He’s just really good at pretending he knows. That’s very evident with the Tesla full-self-driving promise."See Also: How To Get Free NFTsWhy It Matters: Palmer questioned Musk's seriousness about buying Twitter and said it was possible he was trying to drive its price to the ground.“His play is to either dismantle all trust or maybe he’s delusional enough to think he can build an alternative. The other alternative is that he wants to drive it into the ground at a much lower…

TweetDeck for Mac will no longer be available after July 1, Twitter tweeted Wednesday. The popular app for Mac computers allows Twitter users to view multiple columns of tweets on a single screen."We're saying goodbye to TweetDeck for the Mac app to focus on making TweetDeck even better and testing our new Preview," Twitter tweeted from its @TweetDeck account. "You can still use TweetDeck on web and more invites to try the Preview will be rolling out over the next few months!" We're saying goodbye to TweetDeck for the Mac app to focus on making TweetDeck even better and testing our new Preview. July 1 is the last day it'll be available.You can still use TweetDeck on web and more invites to try the Preview will be rolling out over the next few months!— TweetDeck (@TweetDeck) June 1, 2022 Twitter bought TweetDeck back in 2011, integrating it into Twitter but letting the name stand.News of the Mac version's shutdown comes amid speculation that TweetDeck will eventually become a part of Twitter Blue, Twitter's premium subscription service. For $3 a month, Twitter Blue users can undo tweets, read ad-free articles, view threads in Reader Mode and get access to experimental features. 

Sound the alarms, Derek Jeter is on Twitter! Jeter’s a tweeter! That’s right, the former New York Yankees captain and brief Miami Marlins CEO has joined the social media platform, and his first tweet is very funny. Before we get to that, I have to shout out his bio: “Sleep-deprived father to three amazing girls. HOF Class of 2020.” I love that! Family first, then baseball! But yes, let’s get to his first tweet: On Tuesday, The Captain sent one out quote-tweeting someone who said that Jeter had no excuse not to have a Twitter account. That tweet? It’s from December of 2014. Guess someone found it for him … or he kept some receipts? Here you go: Like this article? Sign up for the For The Win newsletter to get our top stories in your inbox every morning Derek Jeter saw a tweet from 8 years ago and took it personally. https://t.co/JDLLrUZ6Gn — David Santana (@dsantana310) May 31, 2022

Scott Olson/Getty Images News The share price of Twitter, Inc. (NYSE:TWTR) is little changed year-to-date, a far cry from its internet peers, who have mostly seen their stocks plummeting amid the Great Reset. Twitter shareholders have Elon Musk to thank as the enigmatic Technoking of Tesla, Inc. (TSLA) disclosed his approximately 9% stake in the social media platform in early April. The revelation triggered a powerful wave of copycat investors and momentum traders plowing into TWTR stock, sending it soaring. The share price of TWTR jumped 27% on the first trading day after the news of Musk's filing. After some sliding on profit-taking, TWTR stock spiked upwards again a week later on Musk offering to buy Twitter for $54.20 per share in cash. TWTR stock hit a YTD closing high of $51.70 on April 25, a nice bump from the YTD closing trough of $32.42, after Twitter's board unanimously approved Musk's offer of $44 billion for Twitter. YCharts While the $54.20 offering price is likely inspired by "420" - well known in cannabis culture as the supposed best time to get high - it was very close to the average at $53.91 Twitter had traded over the past year until…

Monday 30 May 2022 10:00 am Elon Musk has put the takeover of Twitter on hold. When Elon Musk decided to buy Twitter, the Internet went crazy. Some were celebrating the billionaire’s penchant for protecting free speech, others were scared that Twitter would turn into a hate speech nightmare. Now the saga has taken a different turn, with Musk being sued by Twitter investors for driving down the share price of the platform. Musk is accused of manipulating the market to try to cut the cost of the £35bn takeover. After accepting the deal, Musk briskly put it on hold claiming to be worried by the amount of fake accounts and bots on the platform. It’s hard to believe he wasn’t aware of the issue – pretty much every Twitter user is, and Musk is an avid one. “The bots are angry at being counted”, Musk tweeted this month – adding a cry-laughing emoji. The other Twitter investors are probably not laughing at all.

On May 25, 2022, the U.S. Federal Trade Commission ("FTC") and Department of Justice ("DoJ") charged social media platform Twitter, Inc. with illegal and deceptive use of Twitter account holders' security data to target them with advertisements. In the complaint, a copy of which can be found Here, the FTC and DoJ charge that Twitter violated a 2011 FTC Consent Order (Exhibit A to the complaint) by requesting account holders to provide their email addresses and phone numbers under the pretext of aiding Twitter to improve the security of their data and then provided (i.e., sold) the personal information to Twitter advertisers to use in targeting the account holders with advertisements. In an accompanying stipulated decision and order settling the complaint, the FTC and DoJ ordered Twitter to pay a penalty of $150 million; desist from the practice going forward; allow account holders to use multi-factor authentication and other Twitter security features without providing their email addresses and phone numbers; establish and maintain a comprehensive privacy and security program to include any new products and features; and submit to and cooperate with trusted third party monitoring and reporting obligations. A copy of the decision and order can be found Here. We…