Month: October 2022

Elon Musk completes Twitter takeover amid hate speech concerns

Shares taken off stock exchange as world’s richest man completes deal to buy social media platform The world’s richest man, Elon Musk, has completed his $44bn acquisition of Twitter, amid warnings from politicians and campaigners that hate speech on the platform must be held in check. The social media group confirmed the deal in a …

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What Elon Musk might do with Twitter after his takeover is complete

‘Free speech absolutist’ could reinstate Donald Trump’s account and press ahead with staff cuts After a months-long fight over whether Elon Musk would become its new owner, Twitter appears to have entered a new chapter with the reported exit of several top executives. Ahead of a Friday deadline for the Tesla CEO to complete his …

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EU Commissioner tells Elon Musk that Twitter must ‘fly by our rules’ – business live

Musk ‘fires top executives’; the $44bn deal will give the world’s richest man control of a social media platform with 230m users How have Twitter users reacted? The Guardian’s Matthew Cantor in San Francisco has taken a look. Richard Murphy, economic justice campaigner and professor of accounting practice at Sheffield University, says: Continue reading… Musk …

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Twitter braces for Donald Trump’s return as Elon Musk takes over platform

Civil rights advocates fear proposed rule changes will turn site into ‘a supercharged engine of radicalisation’ Musk completes Twitter takeover and ‘fires top executives’ Business updates: Musk reportedly plans to be Twitter interim CEO Hate speech and misinformation experts are bracing for the return of Donald Trump to the platform, as Elon Musk completes his …

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Government criticised over renewed delay to online safety bill

Internet safety groups say withdrawal of proposed legislation from next week’s Commons schedule leaves children at continued risk The government has been criticised for endangering children by failing to pass its online safety bill, after it confirmed that the change of prime minister had caused yet another delay to the proposed legislation. With no known …

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‘I vote for chaos’: Twitter aflutter as users contemplate Musk era

Some advise using the app’s filters to block haters while others rejoice at Trump’s possible second coming to the platform Elon Musk appeared to have taken control of Twitter on Thursday, after months of legal wrangling over the billionaire’s $44bn bid to take over the social media site. People familiar with the matter said Musk …

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Elon Musk reportedly fires top Twitter executives as he takes over company

The $44bn deal will give world’s richest man control of influential social media platform with more than 230m users Elon Musk has reportedly completed his $44bn takeover of Twitter, taking control of the company and firing several of the company’s top executives, including CEO Parag Agrawal. Several outlets, including Reuters, the Washington Post and the …

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Apple weathers tech industry storm to top profit and revenue targets

The company reported an 8% increase of earnings at $90.1bn beating Wall Street expectations with net profit of $1.29 a share Apple’s quarterly earnings on Thursday revealed that the company is weathering the ongoing tech downturn better than its competitors, reporting revenue and profit that topped Wall Street targets. Revenue rose 8% this quarter to …

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Amazon shares drop nearly 20% after company predicts weaker holiday sales

Company sees drop in after-hours trading after issuing guidance on the holiday quarter that worried investors Amazon shares dropped close to 20% in after-hours trading on Thursday after the company said its all-important holiday shopping season would be smaller than expected. The company is the latest tech giant to disappoint Wall Street this week. After …

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