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CNN —Former US President Donald Trump’s Twitter account has been reinstated on the platform. The account, which Twitter banned following the January 6, 2021, attack on the Capitol, was restored after Twitter CEO and new owner Elon Musk posted a poll on Twitter on Friday night asking the platform’s users if Trump should be reinstated. Asked on Saturday what he thought of Musk purchasing Twitter and his own future on the platform, Trump praised Musk but questioned whether the site would survive its current crises. It may make it, it may not make it.”Still, Trump said he liked Musk and “liked that he bought (Twitter. Soon after Trump’s Twitter ban, he was also restricted from Meta’s Facebook and Instagram, which could also restore his accounts as soon as January 2023.
It's time to buy Conagra as it catches up to its rivals, according to UBS. Analyst Cody Ross upgraded shares of Conagra to buy from neutral. He said the stock is lagging its peers even as the packaged food company signals a better earnings growth trajectory ahead. "Despite these tailwinds, CAG's stock is lagging lg cap packaged food peers this year (+2.6% vs lg cap peers +14.3%) and is trading at a 20% discount to lg cap packaged food peers compared to its 5-yr avg of 11% (EV/EBITDA)," he added. Shares of Conagra are up 2.3% in 2022, while shares of peers such as General Mills and Kellogg have jumped more than 18% and 8% this year, respectively.
Balenciaga is one of the first major fashion brands to depart Twitter after Elon Musk's takeover. Several public figures have also left the platform citing concerns over Musk's leadership. Balenciaga confirmed to Vogue the company had removed its account but didn't comment on the reason. Representatives for Balenciaga confirmed to Vogue on Monday that the company's Twitter account had been removed but did not comment publically on the reasons behind the decision. Representatives for Twitter and Balenciaga did not immediately respond to Insider's request for comment
A UN study last year found "negligible" correlation between household food waste and gross domestic product, indicating most countries "have room to improve." "We do have a long way to make the goal," said Jean Buzby, the food waste liaison at the U.S. Department of Agriculture. The USDA, the Environmental Protection Agency and the Food and Drug Administration agreed in 2018 to tackle America's food waste together. A spokesman for New Zealand's environment ministry said the country is finalizing its baseline food waste estimate so it can establish a target. SLOWEST GAZELLEIn California, which has America's most ambitious climate policies, officials are trying to ensure food waste goes to composting, not landfills.
Elon Musk's SpaceX buys ad campaign on Twitter for Starlink
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +2 min
Nov 14 (Reuters) - SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns both the rocket company and the social media platform, in a tweet on Monday. loading"SpaceX Starlink bought a tiny – not large – ad package to test effectiveness of Twitter advertising in Australia & Spain. The chief executive of Tesla Inc (TSLA.O) and SpaceX had last week told advertisers that he aimed to turn the social media platform to pursue truth and put an end to fake accounts. He also raised the possibility of Twitter going bankrupt days after he said the platform saw a "massive" drop in revenue and blamed activist groups pressuring advertisers. Reporting by Akriti Sharma and Akash Sriram in Bengaluru; Editing by Vinay Dwivedi and Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
CNN —While a number of major brands have announced advertising pauses on Twitter in the wake of Elon Musk’s acquisition, the platform has scored a new ad buy from one notable billion-dollar business: Musk’s SpaceX. Musk confirmed on Twitter Monday that his aerospace company, SpaceX, bought a package to advertise its Starlink internet service on Twitter, though he downplayed the size of the ad buy. The ad buy would be the first for any of Musk’s companies, including Tesla, which does not engage in traditional advertising. “SpaceX Starlink bought a tiny – not large – ad package to test effectiveness of Twitter advertising in Australia & Spain,” Musk wrote in a reply to one Twitter user, adding that he did the same on competitors such as Facebook, Instagram and Google. A number of major brands including General Mills, the North Face and several car companies (which compete with Musk’s Tesla) have announced they are pausing ads on the social network.
SpaceX founder Elon Musk during a T-Mobile and SpaceX joint event on August 25, 2022 in Boca Chica Beach, Texas. The ad campaign SpaceX is buying to promote Starlink is called a Twitter "takeover." Users should see Starlink brand messaging for the first three times that they open the Twitter app on the day or days of the planned takeover campaign in Australia and in Spain. Pressure on Twitter ad salesMusk is also the CEO of electric vehicle maker Tesla , in addition to his responsibilities at SpaceX and Twitter. Instead, Tesla garners headlines from fan blogs, news sites, and creates buzz through motor clubs, fan or shareholder events and social media engagement.
Take big law firms and Twitter. “Lawyers and law firms must struggle to stay visible, posting regularly, getting followers, and tweeting regularly. Consider, for example, Quinn Emanuel Urquhart & Sullivan, which has 1,587 Twitter followers – among the fewest of Am Law 100 firms. “To date, the firm’s social media efforts have focused on platforms that are most aligned with recruiting — LinkedIn and Instagram,” the spokesman said via email. Will law firms pony up $8 a month for the blue check now?
That prompted Mr. Musk to say there has been a “massive drop in revenue” in a tweet last Friday. “I understand if people want to, you know, give it a minute and see how things are evolving,” Mr. Musk said. “Obviously Twitter cannot be simply some extension of me, because then anyone who doesn’t agree with me will be put off,” Mr. Musk said. Other potential new features include letting verified subscribers post high-quality videos that are up to several hours long, according to Mr. Musk. Twitter’s pivot toward subscriptions and e-commerce could also help minimize trolls and fake accounts, according to Mr. Musk.
Nov 9 (Reuters) - Elon Musk will host a town hall with Twitter's advertisers on Wednesday at 10 a.m. Pacific (1800 GMT), according to an email reviewed by Reuters, in an effort to assuage brands and advertising agencies that are increasingly backing away from the social media platform. Major advertisers like General Motors and General Mills have pulled their ads off Twitter following concern about how the billionaire and Twitter's new owner could loosen content moderation rules on the service. read moreA coalition of civil rights groups has also ramped up pressure on Twitter's advertisers, demanding they suspend ads globally after Musk laid off roughly half of the staff. Musk blamed the coalition for "a massive drop in revenue." read moreReporting by Sheila Dang in Dallas; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
[1/3] Elon Musk's photo is seen through a Twitter logo in this illustration taken October 28, 2022. Days after Twitter rattled users and advertisers by cutting half its staff, over 100,000 listeners tuned in to hear Musk speak on Twitter's Spaces feature. In the week since Musk took over, GM, General Mills and Mondelez International Inc (MDLZ.O) have pulled ads off Twitter, concerned Musk could loosen content moderation rules. He told advertisers Twitter would move aggressively to suspend accounts that "engaged in trickery" or deception. Musk said in a tweet on Wednesday that he "killed" a new "official" label for Twitter accounts, on the same day that it began rolling out.
Twitter executive Robin Wheeler is leading the company's global ad sales teams. But she is now de facto Twitter ad sales chief, and those who know her say she's used to navigating complex problems. Advertisers describe a sales team hampered by an information vaccuum as Musk unleashes chaos through his tweetsOne of Wheeler's biggest tasks is getting a depleted ad sales team organized and running. From AOL to Twitter, Wheeler has managed sales teams in crisis beforeWheeler has operated successfully in chaotic environments before. In 2020, she become the commercial lead for MoPub, Twitter's ad network that helped publishers and app developers sell mobile ads.
In this article TWTR Follow your favorite stocks CREATE FREE ACCOUNTThe Twitter profile page belonging to Elon Musk is seen on an Apple iPhone mobile phone. watch nowCompared to larger rivals Facebook and Google , Twitter never managed to develop an online ad business that matched the scale of its influence in popular culture and society at large. Twitter's revenue in the second quarter declined from a year earlier. Other opportunities are emerging, such as connected TVs and streaming services as well as Amazon's growing online ad business for retail-oriented companies, Tipograph said. González said she was willing to give Musk "the benefit of the doubt" when he told the group that Twitter was aligned with them.
"What we’ve seen recently since the change on Twitter has been announced, is the amount of hate speech increase significantly," Van de Put said. Twitter last week laid off half its workforce as advertisers pulled spending amid concerns about content moderation. Twitter, which has lost many members of its communications team, did not immediately respond to a request for comment. Van de Put added that Mondelez, which makes Cadbury and Milka chocolates, is expecting a strong holiday season. Reporting by Jessica DiNapoli in New York Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Elon Musk and a key adviser have discussed paywalling all of Twitter, Platformer reported. The plans could see a monthly limit on how many tweets users can view, the report said. Any plan is a way off, however, with the current focus being on Twitter's proposed paid verification. Platformer reports that Twitter could be free for a certain amount of time each month, before a metered paywall kicks in. On Monday, Musk said that Twitter usage has hit an all-time high, but the platform has also seen many users leave.
Amid a poor-return environment for the broader market, he shared what he's looking for in stocks. Stocks dropped quickly on Wednesday afternoon after the hike was announced and as Powell reiterated the FOMC's hawkish intentions. "We've had a nice little run here in the stock market — it's the third double-digit percentage gain since the bear market started," Doll said. 9 stocks Doll likes right nowWith Doll's outlook being that the broader market is doomed to a range-bound near-term future, he said he's focusing on so-called quality stocks — firms with quality income statements, balance sheets, and management teams. Doll also listed quality stocks in the health maintenance organization (HMO) space.
DETROIT/WASHINGTON, Nov 7 (Reuters) - Stellantis (STLA.MI) said on Monday it is pausing all paid advertising posts on Twitter as it waits to see what the platform will look like under the leadership of its new owner Elon Musk. “We're pausing paid advertising posts until we have a clearer understanding of the future of the platform under its new leadership," the automaker said of Twitter in a statement to Reuters. Musk has said Twitter has suffered a "massive" revenue drop since he took over 10 days ago. Stellantis joins a number of major companies that have halted advertising on Twitter, including United Airlines (UAL.O), General Mills Inc (GIS.N) luxury automaker Audi of America and General Motors Co (GM.N). Gilead Sciences Inc (GILD.O) said earlier on Monday the company and its unit Kite were in the "process of pausing advertising" on Twitter.
Gilead, Kite in process of pausing Twitter advertising
  + stars: | 2022-11-07 | by ( ) www.reuters.com   time to read: +1 min
Nov 7 (Reuters) - Gilead Sciences Inc (GILD.O) said on Monday the company and its unit Kite were in the "process of pausing advertising" on Twitter, after Elon Musk completed his takeover of the social media company. In a statement to Reuters, Gilead said it was monitoring its advertising spend and waiting to better understand how community standards and content moderation will be handled on Twitter now. Gilead joins a growing list of U.S. companies, including General Motors (GM.N) and General Mills (GIS.N), who have either paused or are in the process of re-evaluating advertising on the social media platform. Last week, the Wall Street Journal reported Oreo maker Mondelez International Inc (MDLZ.O) and U.S. drugmaker Pfizer Inc (PFE.N) had also temporarily halted advertising with Twitter. Reporting by Bhanvi Satija and Raghav Mahobe in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
Twitter could be a new wild card for the midterms
  + stars: | 2022-11-07 | by ( Brian Fung | ) edition.cnn.com   time to read: +10 min
CNN Business —For years, Twitter has been a leader in countering misinformation and protecting elections. But concerns are growing that tumult inside Twitter in the first week after it was acquired by Elon Musk could weaken its safeguards for elections, just before the midterms are set to take place. Musk promised not to alter any of Twitter’s content policies until after the midterms. He tweeted: “Going forward, any Twitter handles engaging in impersonation without clearly specifying ‘parody’ will be permanently suspended,” and without warning. The shakeup at Twitter has turned the company itself into an election wildcard.
What’s happening: Tech companies are announcing an alarming number of layoffs and hiring freezes. ▸ Lyft (LYFT) said last Thursday that it will lay off 13% of its employees, or nearly 700 people, as it rethinks staffing amid rising inflation and fears of a looming recession. But other companies won’t be immune to the softening demand from consumers and businesses that tech companies have noted. It doesn’t help that the uncertainty around the platform comes at a bad time for ad revenue-dependent tech companies. More potential supply chain woesThe threat of a US rail strike that could disrupt supply chains is still very real.
United Airlines suspends ad spending on Twitter
  + stars: | 2022-11-05 | by ( ) www.reuters.com   time to read: 1 min
Nov 4 (Reuters) - United Airlines Holdings Inc (UAL.O) joined the list of companies that are suspending ad spending on Twitter, a United spokeswoman confirmed late on Friday. Major brands such as General Mills Inc (GIS.N) and luxury automaker Audi of America said on Thursday they have paused advertising on Twitter, days after the social media platform was acquired by billionaire Elon Musk for $44 billion. Reporting by Rhea Binoy in Bengaluru and David Shepardson in Washington; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
REUTERS/Nathan FrandinoNov 4 (Reuters) - Twitter has laid off 50% of its employees, the company's head of safety and integrity said on Friday in a tweet, while saying that the social media platform's content moderation capabilities remained in place. The tweet by safety and integrity head Yoel Roth moved to reassure users and advertisers following the company's takeover by billionaire Elon Musk. Roth said 15% of Twitter's employees on the trust and safety team, which is responsible for preventing the spread of misinformation and harmful content, were laid off. Company-wide, the layoffs affected 50% of employees, he added, which was the first confirmation from Twitter about the size of the layoffs. "Again, to be crystal clear, Twitter’s strong commitment to content moderation remains absolutely unchanged," Musk tweeted shortly after Roth's own tweet.
Twitter has laid off half its workforce including some responsible for content moderation. Yoel Roth, Twitter's head of safety and integrity, has downplayed these concerns. Many fear the prospect of far looser content moderation standards. Some say major cuts to Twitter's moderation teams could create ideal conditions for disinformation and hateful content ahead of Tuesday's midterm elections. Companies including General Motors, Pfizer, General Mills and Volkswagen have reportedly paused their advertising on Twitter following Musk's takeover.
Advocacy groups sent a letter to Twitter advertisers, urging them to push Musk to embrace content moderation or suspend ads. General Mills, GM, Audi, and other brands have suspended ads on the platform since Musk's takeover. "Twitter has had a massive drop in revenue," Musk tweeted Friday, citing the pressure on advertisers. "Without deliberate efforts by Twitter to address this type of abuse and hate, your brands will be actively supporting accelerating extremism." "If they don't leave now, advertising on Twitter will be akin to advertising on Parler before the January 6 insurrection," Carusone added.
Elon Musk said Twitter's Birdwatch feature will now be called "Community Notes." It also will be renamed "Community Notes," and Musk tweeted that the tool has "incredible potential for improving information accuracy" on the platform. Birdwatch notes first became public to users in early October, after the feature was launched in a pilot program in the US in January 2021. Among tweets where Birdwatch notes have appeared in the past week is a post from Musk himself. According to the company, "Birdwatch is made up of independent contributors, and individual notes are never written by Twitter."
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