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+17 +3
Twitter shareholder sues Elon Musk for tanking the company’s stock
Twitter stock continues to trade well below the buyout price.
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+13 +1
Twitter will pay a $150 million fine over accusations it improperly sold user data
Twitter has agreed to pay a $150 million fine after federal law enforcement officials accused the social media company of illegally using peoples' personal data over six years to help sell targeted advertisements.
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+16 +3
Twitter jumps after Musk increases commitment in takeover bid to $33.5 billion, in talks for other funding
A new filing reveals that Elon Musk plans to front $33.5 billion in his bid to take over Twitter. Musk is in talks with Twitter founder and former CEO Jack Dorsey and others to help finance, or roll their shares over, to complete the deal. In a letter to investors backing the holding company that Musk is forming to take Twitter private, the Tesla and SpaceX CEO expressed his commitment to completing the deal.
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+10 +3
Jack Dorsey quits Twitter’s board of directors weeks after Musk deal
Former Twitter chief Jack Dorsey has stepped down from the company’s board of directors amid Tesla chief Elon Musk’s controversial bid to take over the social media giant. Mr Dorsey’s exit is effective as of the shareholders’ meeting on Wednesday.
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+10 +2
Twitter will pay $150 million for using people’s security phone numbers to target ads
It will also carry out regular data security audits.
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+12 +3
How many bots are on Twitter? The question is tough to answer — and misses the point
"We have observed a broad spectrum of behaviors mixing the characteristics of bots and people."
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+15 +2
Elon Musk suggests cutting Twitter offer by proportion of bots and calls its lack of explanation 'very suspicious'
Elon Musk has added to uncertainty over his $44 billion offer for Twitter by saying the price should be cut by the proportion of fake accounts on the platform and calling Twitter's lack of explanation over its estimates "very suspicious."
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+20 +4
Twitter plans to enforce $44 billion sale to Elon Musk
Twitter said it would not allow Elon Musk to wriggle free from his $44 billion offer for the social media platform despite the multibillionaire’s threats to walk away if the company doesn’t prove it is sufficiently cracking down on spam and bot accounts. The San Francisco-based company filed a statement with the Securities and Exchange Commission on Tuesday morning — hours after Musk tweeted that he may not proceed with the deal.
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+22 +3
Elon Musk's bumpy road to possibly owning Twitter: A timeline
A board seat accepted and then rejected. A stunning $44 billion takeover offer with uncertain financing. And a surprise early morning tweet putting the deal on hold, temporarily.
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+22 +6
Jordan Peterson quits Twitter hours after being roasted for criticising a supermodel
Controversial psychology professor and author Jordan Peterson has quit Twitter because of an “endless flood of vicious insults” after he was roasted for criticising a supermodel.
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+14 +1
Twitter Legal Team Accused Elon Musk Of NDA Violation
In the latest episode of Elon Musk’s Twitter takeover drama, the multi-billionaire says the company’s legal team has accused him of violating an NDA (nondisclosure agreement). He had publicly revealed the platform’s sample size number for calculating the percentage of spam/fake accounts or bots. This follows Musk last week announcing that his $44 billion takeover of the social network is “temporarily on hold” over pending details on fake accounts.
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+11 +1
Texas law allowing users to sue social networks for censorship is now in effect
The United States 5th Circuit Court of Appeals has pause an interim order on controversial law HB 20, which another court blocked from taking effect last year. As Houston Public Media note, the state introduced HB 20 last year after prominent conservatives, including Donald Trump, has been blocked on social media sites. Under the law, users will be able to sue major social media platforms with more than 50 million monthly active users like Facebook and Twitter if they believe they are banned because of their political views.
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+12 +1
Binance Allocated Elon Musk $500 Million To Buy Twitter: Crypto Market News
The largest crypto exchange Binance allocated $500 million to Elon Musk for the purchase of Twitter (NYSE:TWTR), and Coinbase (NASDAQ:COIN) warned some customers from Russia about blocking accounts — these and other important news of the cryptocurrency market in our review.
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+12 +3
Elon Musk wants to know how many fake accounts Twitter has, but experts say his approach is all wrong
Researchers say Elon Musk’s suggested approach for tabulating fake accounts on Twitter is woefully deficient.
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+15 +4
Explainer: What are these spam bots that Musk has vowed to defeat or die trying?
Billionaire Elon Musk on Friday put on hold his $44 billion-takeover plan for Twitter Inc , as he waited for details on the microblogging platform's claim that fake accounts comprise less than 5% of users.
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+16 +4
Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts
Elon Musk said he's putting his $44 billion takeover of Twitter "temporarily on hold," saying that he wants more details about how many of the social platform's accounts are bogus or spam. The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
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+25 +4
Elon Musk is wrong: research shows content rules on Twitter help preserve free speech from bots and other manipulation
Elon Musk said he wants to make Twitter a platform for free speech. Here is what research shows about claims of political bias and excessive moderation.
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+22 +3
Investors think unlikely Musk buys Twitter at agreed $44 bln price
The stock market took the view for the first time on Tuesday that it was unlikely that Elon Musk will acquire Twitter Inc for $44 billion, as he originally agreed.
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+23 +1
3 Reasons Why Elon Musk’s “Free Speech” Dream With Twitter May Cost Him Too Much.
But if anyone can do it, it’s Elon Musk.
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+21 +1
Elon Musk Says “Expectations” Of Twitter Employees Will Be “Extreme” Following Takeover
Elon Musk took to Twitter on Friday to offer a sense of his vision for the social media platform, after the acquisition goes through, also offering a sense of what its employees can expect, with regard to work life under his leadership. Musk’s comments accompanied a screenshot of a recent Fortune article titled: “Job interest in Twitter skyrocketed more than 250% since Elon Musk moved to take over. But current employees are nervous.”
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