Russia preparing a new law to seize properties of Western firms. It’ll raise the stakes for global firms that are trying to leave the country over Moscow’s invasion of Ukraine. The UK slapping a windfall tax on energy companies as they make record profits while energy prices are through the roof. Twitter will pay millions of dollars…
UK Slaps Windfall Tax on Energy Firms; Russia Preps to Seize Exiting Western Firms | NTD Business
Musk Suggests Slashing Twitter Takeover Offer Based on Bot Numbers
May 23, 2022
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Elon Musk has suggested he wants to slash his initial $44 billion takeover bid for social media platform Twitter after accounting for the proportion of bots present on the microblogging site. “I’m worried that Twitter has a disincentive to reduce spam, as it reduces perceived daily users,” Musk said in a series of tweets on May…
Elon Musk Calling for ‘Hardcore’ Legal Team Made of ‘Streetfighters’
Tesla and SpaceX CEO Elon Musk is assembling a “hardcore” legal team made of “streetfighters” amid a series of quarrels with some of the most powerful people in the country. “Tesla is building a hardcore litigation department where we directly initiate & execute lawsuits,” said Musk in a May 20 tweet. “The team will report…
Federal Judge Dismisses Fraud and Defamation Lawsuit Against Elon Musk Amid a Week of Controversy
May 20, 2022
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A federal judge in California dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against Tesla Inc., the company’s CEO Elon Musk, and a Musk supporter on May 19. Judge James Donato threw out the lawsuit by the investor, Aaron Greenspan, a legal document website owner, after noting that the lawsuit had no…
Audit Reveals Half of Biden’s Twitter Followers Are Fake as Musk Pauses Purchase: Newsweek
May 18, 2022
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Nearly half of President Joe Biden’s followers on Twitter, which number about 22.2 million, are fake accounts, according to an audit conducted by Newsweek. Using an audit tool provided by software firm SparkToro, Newsweek discovered 49.3 percent of all Biden followers to be “fake followers.” The analysis took into consideration multiple factors such as new…
Twitter Wants to Close Deal ‘Promptly’ and on ‘Agreed Price,’ While Musk Calls on SEC to Confirm Bot Numbers
May 18, 2022
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Twitter announced Tuesday that it was filing a preliminary proxy statement with the U.S. Securities and Exchange Commission (SEC) in order to complete the Elon Musk buyout “on the agreed price,” and as “promptly as practicable.” Twitter wants the $54.20 per share in cash deal with Musk to go through, while the billionaire is hesitant…
Elon Musk Says He’s Voting Republican in Upcoming Elections
May 17, 2022
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The world’s richest man Elon Musk said on Monday he will be voting for Republicans in upcoming elections. Musk did not elaborate whether he was referring to the upcoming November midterms or the 2024 U.S. presidential election. The Tesla CEO told a Miami tech conference that he will be voting for Republicans despite classifying himself…
Elon Musk Says He’s Voting Republican in Upcoming Elections After History of ‘Overwhelmingly’ Voting for Democrats
May 17, 2022
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The world’s richest man Elon Musk said on Monday he will be voting for Republicans in upcoming elections. Musk did not elaborate whether he was referring to the upcoming November midterms or the 2024 U.S. presidential election. The Tesla CEO told a Miami tech conference that he will be voting for Republicans despite classifying himself…
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