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After more than six months of ping-ponging, second-guessing, whistleblowing, arguing and mud-throwing, Elon Musk on Thursday closed his $44 billion deal to buy Twitter (TWTR.N). The social media firm, its employees, its new owners, its creditors and the rest of the world are probably worse off. If Twitter shares had followed the same trajectory as social media rival Snap (SNAP.N) since March 31, losing more than 80%, its investors would be some $38 billion worse off. If capitalism is about maximising value for the almighty shareholder, regardless of the consequences for other stakeholders, the Twitter saga upholds that primacy. loadingCONTEXT NEWSElon Musk completed his deal to buy social media firm Twitter for $44 billion on Oct. 27.
CD Projekt announces Witcher remake
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: 1 min
GDANSK, Oct 26 (Reuters) - Poland's biggest video game maker CD Projekt (CDR.WA) announced on Wednesday that work is in progress on a remake of its flagship game "The Witcher". The project, which is being developed by external studio Fool’s Theory, was previously referred to by the code name Canis Majoris during the company's strategy update earlier in October. CD Projekt shares were up 4.1% by 1447 GMT. Reporting by Adrianna Ebert Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
Jury selection began Monday in the Manhattan district attorney’s prosecution of the Trump Organization for tax fraud. The trial judge may be tempted to eliminate anyone who acknowledges having formed some opinions before trial about Trump personally or the evidence reported in the media against the Trump Organization. But in March, the Supreme Court reinstated Tsarnaev’s death sentence, arguably changing jury selection for the worse. In the Black Lives Matter era, we have seen several high-profile trials that challenged the search for impartial jurors. And it’s not a standard that should be employed as jurors are vetted in the New York criminal trial of the Trump Organization.
Ticktock starts on Twitter’s board, too
  + stars: | 2022-10-07 | by ( Lauren Silva Laughlin | ) www.reuters.com   time to read: +3 min
NEW YORK, Oct 7 (Reuters Breakingviews) - Like sands through the hourglass, so are the days of Twitter (TWTR.N) board members’ jobs. If he doesn’t close by Oct. 28, the judge will set a new trial for November. Investors in the social media firm are arguably worse off than they were last week. The delay gives Musk time to finance his $44 billion deal for the social media company. If Musk doesn’t close the deal by Oct. 28, the judge will schedule a trial for November.
The federal government can be said to have misplayed its hand in both instances, to put it mildly. But on the 30th anniversary of the Branch Davidian debacle, “Waco: American Apocalypse” attempts to put the Texas battle into a sensible context. Heather Jones was 9 years old when she became the last child “freed” from the compound known as Mount Carmel Center during the 51-day standoff (she didn’t want to go). Kathy Schroeder , a follower of the evidently delusional Branch Davidian “prophet” David Koresh , defends the sect’s beliefs and its leader’s dictates, including his sexual dominion over all women at the Mount Carmel compound. Chris Whitcomb , an FBI sniper who witnessed the entire siege, harbors such anger that one wonders if he should be handling a gun.
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