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Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. Register now for FREE unlimited access to Reuters.comNEW YORK, April 27 (Reuters Breakingviews) - Four years ago, Elon Musk vowed to set up a peanut brittle company to take on Warren Buffett’s iconic U.S. confectioner See’s Candies. Then he changed his mind. It wouldn't be surprising if Musk's $44 billion deal to buy social network Twitter went the same way.Sure, the Tesla boss was clearly serious about acquiring Twitter as of recently. The financing from Morgan Stanley is shored up. The agreement includes a fee of $1 billion that he – or Twitter – would have to pay if they renege on the contract. And Twitter’s lawyers even wedged in a so-called “specific performance” clause, which could theoretically force Musk to buy the company if he threatens to back out, though in practice this could probably be settled by adding to the break fee.There are good reasons for him to get cold feet. The biggest is Tesla. The electric-vehicle maker’s stock has fallen around a fifth since Musk first revealed his stake in Twitter, partly because Musk may sell shares to fund his…

News of the takeover could be shifting the platform’s demographicsWithin hours of the news that Elon Musk, a serial entrepreneur, would add Twitter to his collection, users noticed a peculiar trend: left-leaning accounts were bleeding followers, while right-wing users enjoyed a boom. The Economist studied the pattern by charting the number of followers that America’s members of Congress had on Twitter before and after the deal was announced on April 25th. The results are subtle, yet highly consistent. The average number of followers for all Senate Democrats dropped by around 0.2% between April 25th and April 26th. Accounts linked to Republicans, however, increased by 0.8%. The same was true for the House of Representatives, with Democrats losing and Republicans gaining followers.Vice-President Kamala Harris lost the greatest number of followers, dropping 22,000 in one day. Bernie Sanders and Elizabeth Warren, two progressive senators, shed more than 19,000 and 14,000 followers, respectively. On average, Democratic senators lost 2,700 followers each. A significant drop in Twitter followers across various accounts usually indicates an operation to clean up “bots”—automated accounts controlled by software. But that the vast majority of Republican senators and representatives actually gained significant numbers of followers suggests that was not the…

New York CNN Business  —  Elon Musk is officially set to buy Twitter, and the company’s employees have questions. At an all-hands meeting Monday afternoon with CEO Parag Agrawal and Board Chair Bret Taylor, Twitter employees raised questions about everything from what the deal would mean for their compensation to whether former US President Donald Trump would be let back on the platform, according to audio of the call obtained by CNN. The call comes after Twitter’s board announced on Monday that it had reached a deal to sell the company to Musk for $54.20 per share. The deal caps off a stunning news cycle in which the Tesla and SpaceX CEO became one of Twitter’s largest shareholders, was offered and turned down a seat on its board and bid to buy the company — all in less than a month — and puts the world’s richest man in charge of one of the most influential social networks. It also raises big questions about how Musk’s proposed changes for the platform, including loosening content restrictions, will take shape. Agrawal, who has been in charge of Twitter for only four months, told employees not to expect big changes before the deal…

Twitter on Monday agreed to be acquired by Elon Musk for around $44 billion in cash. The news came just weeks after the tech mogul launched his unsolicited, take-it-or-leave-it offer.State of play: Before he announced he had made an offer for Twitter, Musk had talked about the things he would want to change about the social media platform, from adding an edit button to limiting content moderation.Here's a look at everything Musk said he wants to change about Twitter:An edit buttonMusk noted the social media platform's lack of an edit button back in a 2019 tweet: "Where’s the edit function when you really need it!?" he wrote.At the TED2022 conference in April 2022, Musk said he wants Twitter to have an “edit” button and believes the problems critics raise can be resolved. “I think you only have the edit capability for a short period of time, and zero out all retweets and favorites” after an edit.In April 2022, Musk polled his followers on whether they'd want an edit button. About 74% of more than 4.4 million respondents voted yes.Worth noting: Twitter confirmed after the poll it is working on an edit button, adding, "No, we didn't get the idea from…

Tesla CEO Elon Musk is one of Twitter's largest shareholders. Getty Images Tesla CEO Elon Musk wants the world to know change is coming to Twitter.Twitter said Monday it has reached a deal with Musk, who will buy Twitter for $54.20 a share in cash, valuing the influential social media site at about $44 billion. The announcement came after Musk rejected a seat on Twitter's board. With a 9.2% stake in Twitter, Musk is one of the company's largest shareholders.Twitter's deal with Musk has fueled speculation about what this could mean for the social media site's future. The sale initially seemed unlikely, but Twitter's board then reportedly began to take the offer more seriously after Musk revealed more details about how he would finance the potential purchase."Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," Musk said in a statement. "I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential -- I look forward to working with the company and…

Elon Musk sends the price of Dogecoin soaring as Twitter is close to accepting his bid to buy the company | Fortune

Initially hostile to the idea of Tesla CEO Elon Musk taking over Twitter, the company is reportedly warming up to the idea after the billionaire said last week he had secured the necessary $43 billion in funding. Sources familiar with the matter told The Wall Street Journal that Twitter is taking another look at the deal and may be closer to negotiating, given how quickly Musk was able to secure financing.  FILE: Tesla and SpaceX CEO Elon Musk arrives on the red carpet for the Axel Springer media award in Berlin.  (Hannibal Hanschke/Pool Photo via AP, File / AP Newsroom)Still, any final deal is far from conclusive. Both sides were expected to meet Sunday to discuss the situation in more detail.  Musk announced an offer last week to buy the social media platform for $54.20 per share, but did not say how he would finance the acquisition.Stocks in this Article Musk said Thursday in documents filed with U.S. securities regulators that the money would come from Morgan Stanley and other banks, some of it secured by his huge stake in the electric carmaker.ELON MUSK CONFIRMS HE TURNED DOWN BILL GATES ON CLIMATE CHANGE COLLABORATION OVER SHORTING TESLATwitter has enacted an…

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As Musk bids For Twitter, his fight to tweet freely hits snag | Fortune

Infinity Ward's Twitter header image also appears to feature Ghost hiding in the shadows.By Adam BankhurstUpdated: 23 Apr 2022 6:20 pmPosted: 23 Apr 2022 6:09 pmThe official reveal of the Call of Duty: Modern Warfare 2 appears to be imminent as Infinity Ward's Twitter has gone dark. Furthermore, its header image appears to feature Ghost lurking in the shadows.If you head to Infinity Ward's Twitter, you will notice that its profile picture is all black, which companies have done before ahead of a big reveal. IW's header image also appears to be a black image, but you can see the faintest image if you look close enough.After IGN brightened up the image, it sure looks like fan-favorite Ghost is hiding in the dark waiting for his next move. You can see the brightened-up image below and compare it to Ghost and his iconic skull mask in light.Infinity Ward working on Modern Warfare 2 is no secret as it all but confirmed the news back in February when it shared what its teams were working on."COD 2022 is a sequel to MW 2019, and being designed with a new Warzone experience (both led by @InfinityWard)," IW wrote on Twitter.This new game will…