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☆ Elon Musk said Twitter is like a crashing plane with its 'engines on fire' in a discussion of the platform's financial issues
▼ + stars: | 2022-12-21 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Elon Musk said Twitter is like "a plane headed towards the ground" in a Twitter Space on Tuesday. He explained that he had cut costs because Twitter had a predicted negative cash flow of $3 billion next year. The company, Musk said, is set to make around $3 billion in revenue in 2023, with net cash outflows of around $6.5 billion. That debt has annual servicing costs of around $1.5 billion, Musk said. During the Twitter Space, Musk also spoke about his meetings with advertisers, explaining that they asked "hard questions" about their return on investment because of the declining macroeconomic situation.

☆ tWitch’s legacy of kindness makes his loss all the more tragic
▼ + stars: | 2022-12-15 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

They were simply returning a bit of the kindness and love Boss poured into the world. His tragic death has stirred public shock, expressions of grief and confusion about how it was possible given the joy Boss seemed to exude in his work. Boss talked to Yahoo in April 2021 about trying to move their way through those difficult months. In a 2017 conversation on the “Aubrey Marcus Podcast,” Boss talked about dancing and perseverance through challenge. “When you feel good, you dance,” Boss said.

☆ Paul Whelan tells CNN he is 'disappointed' that more has not been done to secure his release
▼ + stars: | 2022-12-08 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +9 min

Washington CNN —Detained American Paul Whelan expressed his frustration that more has not been done to secure his release in an exclusive CNN interview hours after another detained American, Brittney Griner, was freed. It was a choice between bringing home one particular American – Brittney Griner – or bringing home none,” a US senior administration official said Thursday morning. Elizabeth Whelan said she believes the Russians wanted to deny Biden a win by releasing both of the American wrongful detainees. Elizabeth Whelan also told CNN that she does not believe her brother knows the extent of the efforts to free him, noting the family has to be careful what they tell him because they assume the Russian authorities are listening. Asked if he thought he would face repercussions for speaking to CNN, Whelan said he didn’t think so.

☆ Buy-now, pay-later kingpin Klarna's valuation dropped from $45.6 billion to $6.7 billion in 2022. Its CEO wants a 'sane market' before IPO.
▼ + stars: | 2022-12-05 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +6 min

Buy-now, pay-later firm Klarna wants 'a sane market' before IPO. The company is losing hundreds of millions of dollars annually, but says it is reducing credit losses. Klarna took a valuation haircut to $6.7 billion and carried out two rounds of job cuts in 2022. At one time, the company was the most highly valued startup in Europe with a valuation of $45.6 billion. That plunged by 85% to just $6.5 billion as the company raised again this year in a tougher market.

☆ Judge accepts insanity plea deal for Florida man in face-biting case
▼ + stars: | 2022-11-28 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

Austin Harrouff, 25, pleaded not guilty by reason of insanity to two counts of first-degree murder and other charges for the 2016 slayings of John Stevens, 59, and his wife, Michelle Mishcon Stevens, 53. Harrouff, who attended Florida State University before the attack, will be committed to a secure mental health facility until doctors and a judge agree that he is no longer dangerous. Mourners exit a memorial service for John Stevens and Michelle Mishcon Stevens in Fort Lauderdale, Fla. on Aug. 19, 2016. The judge said Harrouff will remain in the Martin County Jail until he is taken to a secure mental health facility monitored by the Florida Department of Children and Families. His parents had set up an appointment for him to be evaluated, but the attack occurred first.

A defeat against Spain after Germany's shock 2-1 opening loss to Japan would have left Hansi Flick's men facing a huge challenge to get into the knockout phase. Spain coach Luis Enrique said he was left ruing his side's failure to hold on to their lead. Spain top the standings with four points and now need only a draw in their final Group E game against Japan to progress. They need to win against Costa Rica on Thursday and their hopes then depend on Japan losing. If Japan draw it would come down to goal difference or goals scored by Germany and Japan.

☆ Judge to decide on Florida face-biter insanity plea
▼ + stars: | 2022-11-26 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

Lea Johnston, a University of Florida law professor, said that only about 1% of felony defendants try an insanity defense because the bar to succeed is so high. About a quarter of those succeed, usually in a pretrial deal where prosecutors agree that the defendant’s mental illness meets the standard. She said for insanity defenses that reach trial, defendants who waive a jury have the most success. Judges understand the system, she said, while jurors often worry that defendants acquitted by reason of insanity will be released sooner. Austin Harrouff told McGraw he was escaping a demon he called Daniel and only has vague recollections of the slayings.

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☆ Group's E and F get underway with Belgium, Germany and Spain in action
▼ + stars: | 2022-11-22 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

Germany will face a Japan team full of names familiar to fans around the world. For Costa Rica, it is a last hurrah for some of the country’s legendary players. So, with one final shot at glory, Belgium begin against a Canada side making its second appearance at a World Cup. Canada ended its 36-year drought to play in a World Cup when it qualified earlier this year. ETSpain vs. Costa Rica: 11 a.m.

Elon Musk on Saturday reinstated former President Donald Trump's Twitter account. Musk polled Twitter users about whether to bring back the account, with 51% of respondents voting "yes." Trump's return to Twitter was widely anticipated after Tesla CEO Elon Musk closed a $44 billion deal to buy the company. "I do think it was not correct to ban Donald Trump," Musk said at a Financial Times conference in May. "I am not going on Twitter, I am going to stay on TRUTH," Trump told Fox News in April, referring to the website Truth Social.

☆ Elon Musk says he will reinstate Twitter account of former President Donald Trump after online poll
▼ + stars: | 2022-11-19 | by ( Lora Kolodny | ) www.cnbc.com time to read: +2 min

New Twitter owner and CEO Elon Musk announced that he will reinstate the Twitter account of former President Donald Trump on Saturday. Musk ran a straw poll on the social media platform starting late Friday asking his followers to vote on whether to reinstate former U.S. President Donald Trump's account on the platform. At its conclusion, Musk wrote in a tweet, "The people have spoken. Under previous ownership, Twitter had issued a lifetime ban on President Donald Trump's account in January 2021. For his part, former President Trump said earlier this year that he would not return to the social media platform even if Musk reversed the ban.

☆ Former WH Press Sec. Jen Psaki said Donald Trump is a 'loser' who cost seats for Republicans in the midterms
▼ + stars: | 2022-11-12 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Jen Psaki said former President Donald Trump is a "loser" after Tuesday's disappointing GOP results. Ron DeSantis may be the path forward for the Republican party. He cost seats for the Republicans in the House and Senate," Psaki said, noting that Trump is "still winning among Republican primary voters." Ron DeSantis, who easily won reelection on Tuesday with nearly 60% of the vote. "The magic of Ron DeSantis – who had a very good week, I think we can all agree – it hasn't played out yet.

☆ Every World Cup 2022 squad announced: USMNT, Germany, Belgium and more
▼ + stars: | 2022-11-10 | by ( Ben Morse | ) edition.cnn.com time to read: +13 min

CNN —‘Tis the season for wall charts and fans gathering around to pick their starting teams for the 2022 Qatar World Cup. “It’s always difficult when a guy helps you get to the World Cup, he scores three goals in World Cup qualifying and isn’t going to be a part of the program. Again, it’s more about who we did add that we felt good about.”All but one of the 26 will be making their World Cup debut at this year’s tournament and, according to the USMNT, it will be the youngest team to qualify for the World Cup. Octavio Passos/Getty Images Europe/Getty ImagesGhanaManager: Otto AddoThe final squad has not been announced yet. READ: Meet Otto Addo, the coach responsible for guiding some of Europe’s brightest young talents (2021)—–PortugalManager: Fernando SantosThe final squad has not been announced yet.

☆ Teenager Moukoko, veteran Goetze in Germany's World Cup squad
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +3 min

FRANKFURT, Nov 10 (Reuters) - Germany handed a surprise call-up to Borussia Dortmund teenager Youssoufa Moukoko in their World Cup squad on Thursday as 2014 World Cup winner Mario Goetze marked a sensational return to the national team set up after five years. "Mario Goetze is there. Bayern Munich provided a strong midfield core with Thomas Mueller, teenager Jamal Musiala, Leroy Sane, Serge Gnabry, Leon Goretzka and Joshua Kimmich. Keeper Manuel Neuer will lead the team and remains first choice for the fourth consecutive World Cup. Reus had also missed the 2014 World Cup after suffering an injury on the eve of their departure for Brazil where they won the title.

☆ Elon Musk hints that Donald Trump will not be back on Twitter before the midterms
▼ + stars: | 2022-11-02 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN Business —Elon Musk indicated on Wednesday that the Twitter account of former President Donald Trump will not be restored ahead of the US midterm elections next week, answering one of the biggest unknowns following his takeover of the social media company. Prior to acquiring Twitter last week, Musk had pledged to roll back at least some of platform’s content moderation policies and do away with permanent account bans. He had also specifically said he would restore the personal account of Trump, who was banned from the platform shortly after the Jan. 6 insurrection at the US Capitol. Trump, who previously used Twitter to make news, attack critics and set the agenda in DC, has said he is glad Twitter is now in “sane hands” following the Musk takeover but claimed he would not be returning to the platform. Trump had tens of millions more followers on Twitter than he does on Truth Social.

☆ Mexican president urges Twitter to repair 'damage' done to Trump
▼ + stars: | 2022-10-31 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

FILE PHOTO: Mexico's President Andres Manuel Lopez Obrador speaks during a news conference, at the National Palace in Mexico City, Mexico September 30, 2022. REUTERS/Henry RomeroMEXICO CITY (Reuters) - Twitter should undo the “damage” done to former U.S. President Donald Trump by the cancellation of his account, Mexico’s president said on Monday, as he expressed hope that new owner Elon Musk would curb censorship on the social media platform. The remarks by President Andres Manuel Lopez Obrador came just days before U.S. midterm elections in which the Republican Party is forecast to make congressional gains against President Joe Biden’s Democrats. Trump said he was “very happy Twitter is now in sane hands,” but has yet to reveal whether he could return to the site. Trump was banned from Twitter over accusations of inciting violence during the 2021 attack on the U.S. Capitol.

☆ Elon Musk and Donald Trump now own rival social networks. Here's a timeline of their rocky relationship.
▼ + stars: | 2022-10-31 | by ( Tim Levin | ) www.businessinsider.com time to read: +8 min

Former President Donald Trump said he's "very happy" that Elon Musk now owns Twitter. January 2020: 'One of our great geniuses'Former President Donald Trump speaks during a "Save America" rally in Anchorage, Alaska, on July 9, 2022. May 2020: Trump backs up Musk in feud with California covid rulesElon Musk meets Donald Trump at NASA's Kennedy Space Center in Cape Canaveral, Florida, U.S. May 30, 2020. May 2022: Musk said he would reinstate Trump's Twitter accountTesla CEO Elon Musk. July 2022: Trump lashes outFormer President Donald Trump gives the keynote address at the Faith and Freedom Coalition during their annual conference on June 17, 2022, in Nashville, Tennessee.

☆ Elon Musk manages free speech versus 'hellscape' at Twitter
▼ + stars: | 2022-10-29 | by ( Sheila Dang | ) www.reuters.com time to read: +6 min

The pressure is mounting on Musk and Twitter as he is set to address the Twitter staff on Friday after closing the deal. Fewer than 10% of 266 Twitter employees who participated in a poll on messaging app Blind expected to still have their jobs in three months. Musk fired Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde, according to people familiar with the matter. Twitter, Musk and the executives did not immediately respond to requests for comment. As news of the deal spread, some Twitter users were quick to flag their willingness to walk away.

☆ Fact Check-Fabricated Trump statement circulates after Elon Musk completes Twitter takeover
▼ + stars: | 2022-10-28 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A fabricated statement purporting to be written by former U.S. President Donald Trump in which he says he will return to Twitter after billionaire Elon Musk’s takeover of the social media platform has circulated online. But no such statement was published, a spokesperson for Trump confirmed to Reuters. The official Donald Trump ‘Save America’ masthead is viewable across the upper-third of the fake statement, which congratulates Musk on his purchase and criticizes former Twitter management. No such statement was published by the former president, Trump spokesperson Liz Harrington told Reuters. There is no record of Donald Trump releasing the statement.

Elon Musk set the tone for his first full day as head of Twitter with a response to @catturd2. “I will be digging in more today,” Musk tweeted in response Friday morning. As of Friday morning, Trump’s account was still suspended, and trending topics included everything from the news of the day (Paul Pelosi) to culture (#FridayFeeling, Rihanna). “Elon” was one of the top trending topics of the morning, and many conservative influencers who had been critical of Twitter’s moderation were already celebrating what they saw as a tectonic shift. Those downloads, however, are still less than 5,000 per day, while Twitter often still sees hundreds of thousands of downloads per day, according to Adam Blacker, vice president of insights at Apptopia.

☆ Trump applauds Musk's Twitter takeover, says the platform that banned him 'is now in sane hands'
▼ + stars: | 2022-10-28 | by ( Lauren Feiner | ) www.cnbc.com time to read: +1 min

Elon Musk, left, and Wendell P. Weeks, center, listen to President Donald Trump as he meets with business leaders at the White House on Monday January 23, 2017 in Washington, DC. Twitter's most famous banned user, former President Donald Trump, applauded the platform's new ownership by billionaire Elon Musk, who previously said he doesn't believe in permanent suspensions. Trump, for his part, said months ago that he would not return to the platform even if Musk reversed the ban. "Twitter must now work hard to rid itself of all of the bots and fake accounts that have hurt it so badly," Trump wrote on Friday. WATCH: Jan. 6 committee votes to subpoena former President Donald Trump

☆ Truth Social merger partner's shares slip after Trump weighs in on Elon Musk Twitter deal
▼ + stars: | 2022-10-28 | by ( Jack Stebbins | ) www.cnbc.com time to read: +3 min

Shares of Digital World Acquisition Corp. , the blank check company set to take Trump Media and Technology Group and its Truth Social platform public, slipped Friday as Elon Musk took the reins at Twitter. The former president had around 88 million followers on Twitter, but he's amassed only 4.37 million on Truth Social. Barring legal intervention, Trump Media currently has until December to complete the merger with DWAC and go public. Trump posted on Truth Social Friday praising Musk's acquisition, but also touting his own platform. "TRUTH SOCIAL has become somewhat a phenomena.

☆ Trump says Twitter is 'in sane hands' following Elon Musk's takeover
▼ + stars: | 2022-10-28 | by ( Hannah Towey | Oma Seddiq | ) www.businessinsider.com time to read: +2 min

Donald Trump said the app is now "in sane hands" with the tech billionaire at its helm. "I am very happy that Twitter is now in sane hands, and will no longer be run by Radical Left Lunatics and Maniacs that truly hate our country," Trump wrote on Truth Social. Twitter permanently suspended Trump from its website two days after the Capitol attack on January 6, 2021, citing the "risk of further incitement of violence." Twitter and Musk formally closed on the billionaire's $44 billion acquisition offer to take the company private on Thursday. Immediately after purchasing the app, Musk ousted some of Twitter's top executives including CEO Parag Agrawal, Chief legal officer Vijaya Gadde, and general counsel Sean Edgett, Insider previously reported.

New York CNN Business —Elon Musk has completed his $44 billion acquisition of Twitter, the company confirmed in a securities filing Friday, putting the world’s richest man in charge of one of the world’s most influential social media platforms. The confirmation comes after a source familiar with the deal told CNN the deal had closed Thursday night. But Musk’s takeover now raises a host of new questions for the future of the social media platform, and the many corners of society impacted by it. Despite multiple news outlets confirming the changes Thursday night, Twitter staff had still not formally been informed of the changes as of Friday morning, two Twitter employees told CNN. Now he controls a social media platform that shapes how hundreds of millions of people communicate and get their news.

☆ Anxious Twitter users find few alternatives to platform after Musk deal closes
▼ + stars: | 2022-10-28 | by ( Jennifer Korn | ) edition.cnn.com time to read: +4 min

But with few obvious alternatives, Twitter users may be left with nowhere else to go. Other platforms, like Mastodon, have promised a more decentralized social media experience. “Excited to see what you accomplish here,” retired basketball star Shaquille O’Neill tweeted at Musk on Wednesday ahead of the deal closing. Musk has said he would restore Trump’s Twitter account, though Trump has previously said he would remain on Truth Social. By unbanning users and unwinding content moderation efforts, Musk could make Twitter less palatable for its most vulnerable users, typically women, members of the LGBTQ community, and people of color, according to safety experts.

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