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DealBook|Elon Musk sells nearly $7 billion in Tesla shares to finance his Twitter deal.https://www.nytimes.com/2022/08/10/business/dealbook/elon-musk-tesla-twitter.htmlThe billionaire entrepreneur said he wanted “to avoid an emergency sale of Tesla stock” if he was forced to complete the buyout of the social media company.Send any friend a storyAs a subscriber, you have 10 gift articles to give each month. Anyone can read what you share.Elon Musk revealed in securities filings that he had sold 7.92 million Tesla shares since Friday.Credit...Callaghan O'Hare/ReutersAug. 10, 2022Updated 2:40 p.m. ETElon Musk, the chief executive of the electric vehicle maker Tesla, has sold about $7 billion worth of the company’s stock, a move he said on Twitter was an effort to raise cash in case he was forced to complete his $44 billion deal to acquire Twitter.The sale of 7.92 million Tesla shares started Friday, Mr. Musk revealed on Tuesday in securities filings, a reversal from his previous statements that he would not sell additional shares to finance the Twitter deal.Mr. Musk signed the deal in April to acquire the social media company only to announce months later his intent to pull out, citing concerns about its accounting of fake users. His hesitancy coincided with a deep plunge in…

Twitter reports low earnings in Q2 Twitter reports low earnings amid Elon Musk deal fallout 03:44 Elon Musk has sold nearly $7 billion worth of shares in Tesla as the tech mogul gets his finances in order ahead of a court battle with Twitter. The billionaire disclosed in series of regulatory filings that he unloaded about 8 million shares of the electric vehicle maker in recent days."In the (hopefully unlikely) event that Twitter forces this deal to close and some equity partners don't come through, it is important to avoid an emergency sale of Tesla stock," Musk, Tesla's founder and CEO, tweeted late Tuesday. Musk is by far the largest individual shareholder in both Tesla and Twitter. Shares of Tesla rose almost 2% before the opening bell Wednesday. Twitter shares are up 16% in the past month, with most believing Musk faces long-shot odds of success in court, jumped another 3%. Musk countersued Twitter last week, accusing the company of fraud over his aborted $44 billion acquisition. He claimed that Twitter held back critical information and misled his team about the size of its user base. Musk alleges that Twitter committed fraud, breach of contract and violation of a securities law in…

Better Call Saul actor Bob Odenkirk is gaining immense traction online after his Instagram activity was brought to light. The Emmy-nominated actor was exposed for following a page on the social media platform dedicated to feet pictures. After this was discovered by netizens, fans swarmed Twitter to joke about the actor's supposed fetish. Reddit user u/CPTSOAPPRICE uploaded an image on the platform which showed an Instagram page titled @perfect_feet_in_sexy_shoes. The user captioned the post - “What did Bob Odenkirk mean by this?” The page has 3465 followers and one of them is Bob Odenkirk. Netizens were shocked and quickly took to Instagram to confirm the same. They were quick to take screenshots as proof of the actor's Instagram account following the foot fetishizing page. The Instagram account has uploaded over 860 posts of women with painted toes wearing high heels. The bio for the page read “Male” which seemingly confirms that the account is controlled by a man. Netizens flood Twitter with hilarious memes Fans were stunned to see the 59-year old’s Instagram profile which he operates under the username ‘therealbobodenkirk’ follow the foot fetish page. Many took to Twitter, posting hilarious memes about the actor. can’t believe i lived…

According to social media, these show clips do not pass the "body positivity" vibe check.Tyra Banks is catching heat for some of her past behavior on former hit TV show, America's Next Top Model.The supermodel's name began trending on Sunday night after a series of video clips resurfaced from the reality series.Claims that Banks "exploited" and mistreated upcoming talent were not uncommon after some scenes of her being highly critical of the models in the competition made their way around the social media platform."This show was made to break down women n steal their dignities… I hate that we love this show so much," one user wrote, adding, "It may have had the biggest negative impact on our own lives as well."Many users were upset after videos of the panel of judges tearing down girls' appearances came to the forefront of the discussion."The 2000s were something else. This woman's body was sickening," another user commented, using "sickening" in the positive slang version to mean "extremely attractive" or "flawless.""You can't spell tyrant without Tyra," one user commented.While some jumped on the Tyra-bashing bandwagon, others brought up another valid point: the modeling world as a whole comes with brutal criticism, especially 10+ years…

Billionaire Elon Musk’s elongated saga of buying out microblogging site Twitter (TWTR) gets even more interesting with each new day. After taking their battle to court, Musk has openly challenged Twitter’s CEO, Parag Agrawal, “to a public debate about the Twitter bot percentage.” The fake/spam bot issue, which has been the crux of the takeover debate, has again taken the main frame between the parties. Musk claimed that if Parag could prove to the public that Twitter has less than 5% bots, he would proceed with the original terms of the deal. Musk and his so-called “Musketeers” constantly indulge in discussions involving all of his escapades. This time, fans are contemplating whether Twitter’s SEC disclosure regarding bot size is genuine or not. Consequently, Musk has openly asked Agrawal to provide the sampling method and resultant bot size figures to go ahead with the deal. However, Musk warned, “if it turns out that their SEC filings are materially false, then it should not.” Musk’s tweets were flooded with replies supporting his stance and urging Agrawal to accept the challenge. A few even quoted lines from Twitter’s SEC filing stating that the

A zero-day vulnerability in Twitter’s code base was responsible for a major data breach that is thought to have affected 5.4 million users, the social media firm has revealed. The threat actor was hoping to sell the profile data for $30,000 on a cybercrime site. Some information was scraped from public Twitter profiles, including location and image URL. However, they were crucially able to link account emails and phone numbers with account IDs by leveraging the vulnerability. “In January 2022, we received a report through our bug bounty program of a vulnerability in Twitter's systems. As a result of the vulnerability, if someone submitted an email address or phone number to Twitter’s systems, Twitter's systems would tell the person what Twitter account the submitted email addresses or phone number was associated with, if any,” Twitter explained. “This bug resulted from an update to our code in June 2021. When we learned about this, we immediately investigated and fixed it. At that time, we had no evidence to suggest someone had taken advantage of the vulnerability.” However, the firm realized last month that a malicious actor had indeed been able to take advantage of the bug before it managed to patch…

Elon Musk's deal to buy Twitter may still go ahead, if the details on the social media platform's actual user accounts can be confirmed. Musk wants to know how many are ‘spam bots’ and how many are real people.The billionaire CEO of Tesla agreed to buy Twitter in April for $44 billion, but has been trying to back out of the deal since July, accusing Twitter of misleading his team about the true size of its user base and other problems he said amounted to fraud and breach of contract. Twitter sued him last month to complete the acquisition and Musk countersued. Elon Musk's Twitter profile displayed on a computer screen and Twitter logo displayed on a phone screen. (Jakub Porzycki/NurPhoto via Getty Images / Getty Images)The two sides are headed to a trial in October in a Delaware court.ELON MUSK'S REAL BEEF WITH TWITTER REVEALED"If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms," Musk tweeted early Saturday. "However, if it turns out that their SEC filings are materially false, then it should not."Musk, who has more than 100 million Twitter followers, went on to…

Twitter is a huge part of the social media landscape and certainly a big part of college football recruiting. Very often commitments are announced on Twitter and recruits use it to get out all kinds of recruiting related items. This evening linebacker Arvell Reese from Cleveland (Ohio) Glenville announced he has committed to Ohio State. And there has been plenty of reaction to Reese’s decision. Bucknuts has a collection of the top tweets after Ryan Day, Jim Knowles, Tony Alford, Mark Pantoni and the Ohio State staff have added yet another important addition to their 2023 recruiting class. The 6-foot-3 and 212-pound Reese is a 4-star prospect in the 247Sports rankings. He is the country’s No. 277 overall prospect, the No. 20 linebacker and the No. 7 prospect in Ohio. Be sure to enjoy VIP access to Bucknuts.com with our 7-day Free trial offer. What's next for the Buckeyes? Make sure you're in the loop -- take five seconds to sign up for our FREE Buckeyes newsletter now! Here is how Twitter reacted to the news that Reese announced he is headed to Ohio State. Related tweets to be added throughout the evening and into the morning. ">247Sports

Elon Musk said that if Twitter could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his US$44 billion deal to buy the company should proceed on its original terms. "However, if it turns out that their SEC filings are materially false, then it should not," Musk tweeted early on Saturday (Aug 6). In response to a Twitter user asking whether the US SEC was probing "dubious claims" by the company, Musk tweeted "Good question, why aren't they?". Twitter declined to comment on the tweet when contacted by Reuters. Twitter on Thursday dismissed Musk's claim that he was hoodwinked into signing the deal to buy the social media company, saying that it was "implausible and contrary to fact". "According to Musk, he — the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers — was hoodwinked by Twitter into signing a US$44 billion merger agreement. That story is as implausible and contrary to fact as it sounds," the filing released by Twitter on Thursday said. Musk filed a countersuit Twitter on Jul 29, escalating his legal fight against the social media company over his bid to walk away from the…

Elon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are ‘spam bots’ or real people.The billionaire and Tesla CEO has been trying to back out of his April agreement to buy the social media company, leading Twitter to sue him last month to complete the acquisition. Musk countersued, accusing Twitter of misleading his team about the true size of its user base and other problems he said amounted to fraud and breach of contract.Both sides are headed toward an October trial in a Delaware court.“If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms,” Musk tweeted early Saturday. “However, if it turns out that their SEC filings are materially false, then it should not.”Twitter declined comment Saturday. The company has repeatedly disclosed to the Securities and Exchange Commission an estimate that fewer than 5% of user accounts are fake or spam, with a disclaimer that it could be higher. Musk waived his right to further due diligence when he signed the April merger agreement.Twitter has argued in…