Shortly after Arvind Kejriwal took accountability for crop stubble burning and the air menace it has been inflicting to Delhi and NCR, BJP hit out on the incumbent AAP authorities, each in Punjab and Delhi. Earlier immediately, the AAP supremo vowed to implement stringent measures to test the air high quality disaster and stated that the AAP authorities was somewhat new in Punjab. “It has only been six months,” Kejriwal had stated.
Following this, Patra slammed the AAP chief and stated that ‘eight years was no much less time’. The AAP shaped its authorities in Delhi in 2015.
Tag: Elon Musk buys Twitter
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Elon’s Twitter begins to scrub home, mass layoffs begin immediately
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Elon Musk visits Twitter headquarters, updates bio to ‘Chief Twit’ forward of deal shut deadline
Billionaire Elon Musk mentioned on Wednesday he was coming into Twitter Inc’s San Francisco workplace, days forward of a court-ordered deadline to shut his $44 billion deal for the social media platform.
“Entering Twitter HQ – let that sink in!” mentioned the caption of a video that Musk tweeted wherein he was strolling into the Twitter workplace carrying a sink in his fingers.
Entering Twitter HQ – let that sink in! pic.twitter.com/D68z4K2wq7
— Elon Musk (@elonmusk) October 26, 2022
Hours earlier, he hinted at being the corporate’s prime boss after updating his profile’s bio to “Chief Twit”.
Twitter confirmed Musk would go to the San Francisco workplace this week, however declined to remark additional.
The Wall Street Journal reported, citing folks acquainted with the matter, that banks have began to ship $13 billion in money backing Musk’s takeover of Twitter in an indication that the deal is on monitor to shut by the tip of the week.
Once last closing situations are met, the funds shall be made obtainable for Musk to execute the transaction by the Friday deadline, the report added.
Morgan Stanley, Barclays and Bank of America didn’t reply to Reuters requests for touch upon the WSJ report.
A wonderful factor about Twitter is the way it empowers citizen journalism – individuals are in a position to disseminate information with out an institution bias
— Elon Musk (@elonmusk) October 26, 2022
In the six months of dramatic back-and-forth since Musk introduced his $54.20 per share bid, Twitter initially resisted the deal by adopting a poison capsule and later sued the world’s richest man after he introduced plans to desert the provide on considerations about spam accounts on the platform.
Earlier this month, Musk proposed to proceed together with his authentic $44 billion bid, calling for an finish to the lawsuit by Twitter.
The Tesla Inc CEO notified co-investors who dedicated to assist fund the Twitter deal that he plans to shut it by Friday, Reuters reported on Tuesday.
Equity traders together with Sequoia Capital, Binance, Qatar Investment Authority and others have acquired the requisite paperwork for the financing dedication from Musk’s attorneys, Reuters reported.
Twitter shares have been up about 1.1% at $53.91 in prolonged buying and selling, barely beneath Musk’s provide worth.
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Elon Musk secures over $7 billion funding from traders together with Oracle Corp co-founder Larry Ellison
Elon Musk has secured $7.14 billion in funding from a gaggle of traders that features Oracle Corp co-founder Larry Ellison and Sequoia Capital to fund his $44 billion takeover of Twitter Inc, in line with a submitting on Thursday.
Saudi Arabian investor Prince Alwaleed bin Talal, who had initially opposed the buyout, additionally agreed to roll his $1.89 billion stake into the deal reasonably than cashing out, the submitting confirmed.
The transfer comes as Musk’s margin mortgage was lowered to $6.25 billion from $12.5 billion introduced earlier, in line with the submitting.
Musk’s $21 billion financing dedication was additionally revised to $27.25 billion.
Musk will proceed to carry talks with current shareholders of Twitter, together with the corporate’s former chief Jack Dorsey, to contribute shares to the proposed acquisition, the submitting confirmed.
Qatar Holding and Dubai-based Vy Capital, additionally an investor in Musk’s different enterprise The Boring Company, are additionally a part of the investor group.
Reuters final week reported Musk was in talks with massive funding companies and excessive net-worth people about taking over extra financing for his Twitter acquisition and tying up much less of his wealth within the deal.
Larry Ellison, a board member at Tesla and a self-described shut good friend of Elon Musk has dedicated $1 billion for the funding.
Twitter’s shares have been up about 2.9% at $50.5 earlier than the bell, nonetheless beneath Musk’s supply of $54.20.
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Trump says he has no plans to rejoin Twitter after Musk deal
Former President Donald Trump stated Monday that he has no intention of rejoining Twitter even when his account is reinstated following Elon Musk’s settlement to purchase the social media big for roughly $44 billion.
Trump advised Fox News that he’ll as a substitute concentrate on his personal platform, Truth Social, which has been mired in issues since its launch earlier this 12 months.
“I am not going on Twitter. I am going to stay on Truth,” Trump was quoted telling the community. “I hope Elon buys Twitter because he’ll make improvements to it and he is a good man, but I am going to be staying on Truth.”
Trump was barred from main social media platforms after the lethal Jan. 6 riot, with Twitter citing the “risk of further incitement of violence.” The choice denied him the megaphone he had used to generate media consideration and converse on to his followers, which had been integral to his political rise.
At the time, the previous president had roughly 89 million followers on Twitter alone.
Musk, the world’s wealthiest particular person and a self-described free-speech absolutist, had stated he wished to purchase and privatize Twitter as a result of he believed it wasn’t dwelling as much as its potential as a free speech platform. It raised questions on whether or not he may reinstate Trump’s account as the previous president lays the groundwork for an additional White House run in 2024.
Trump has continued to unfold lies about his 2020 election defeat in speeches and statements since leaving workplace, and it’s unclear how Musk would strategy these statements if Trump had been ever to return to the positioning.
In latest weeks, Musk has voiced a lot of proposed modifications for the corporate, together with stress-free its content material restrictions, and stated he could be “very reluctant” to delete content material and cautious of everlasting bans.
After being kicked off social media platforms, Trump launched his personal social media app and sued Twitter, Facebook and Google’s YouTube, claiming he and different conservatives had been wrongfully censored, although posts by conservative commentators are routinely essentially the most broadly shared.
On Monday, he stated he welcomed Musk’s buy and advised Fox News he didn’t see Twitter as his personal product’s competitors.
“Truth Social will be a voice for me,” he stated. “And that’s something nobody else can get.”
At a rally in Ohio on Saturday, Trump additionally urged his supporters to hitch him on Truth Social.
“Go out and sign up now,” he advised them. “Have a lot of fun.”
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Human rights teams increase hate speech considerations after Elon Musk’s takeover of Twitter
Human rights teams on Monday raised considerations about hate speech on Twitter and the ability that its takeover by Elon Musk would give the billionaire after the self-described “free speech absolutist” clinched a deal to take the social media platform personal.
Musk, who can be chief government of electrical automotive maker Tesla Inc (TSLA.O), has described himself as a “free speech absolutist” who has been crucial of Twitter’s insurance policies of moderating content material on the platform.
He has mentioned Twitter must develop into a real discussion board at no cost speech. In a press release after securing the deal on Monday, Musk described free speech as “the bedrock of a functioning democracy.”
Twitter is not only one other firm, human rights advocates famous. “Regardless of who owns Twitter, the company has human rights responsibilities to respect the rights of people around the world who rely on the platform. Changes to its policies, features, and algorithms, big and small, can have disproportionate and sometimes devastating impacts, including offline violence,” Deborah Brown, a digital rights researcher and advocate at Human Rights Watch, instructed Reuters in an e mail.
“Freedom of expression is not an absolute right, which is why Twitter needs to invest in efforts to keep its most vulnerable users safe on the platform,” she added.
Twitter didn’t instantly reply to a request for touch upon considerations raised by the teams.
“While Elon Musk is an ACLU card-carrying member and one of our most significant supporters, there’s a lot of danger having so much power in the hands of any one individual,” Anthony Romero, government director on the American Civil Liberties Union, instructed Reuters after the deal was introduced.
Amnesty International mentioned it was involved about any potential determination that Twitter might take after Musk’s takeover to erode enforcement of the insurance policies and mechanisms designed to reasonable hate speech on-line.
“The last thing we need is a Twitter that willfully turns a blind eye to violent and abusive speech against users, particularly those most disproportionately impacted, including women, non-binary persons, and others,” Michael Kleinman, director of expertise and human rights at Amnesty International USA, mentioned on Monday.
READ | Elon Musk now owns Twitter, all of it offered in a deal value $44 billion
READ | Elon Musk vs Twitter: What is going on, the place it began
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It’s official: Elon Musk simply purchased Twitter for $44 billion
In one of many world’s greatest offers within the tech world, billionaire Elon Musk has taken management of Twitter. The deal will see Musk purchase the social community for $44 billion with shares valued at $54.20. Musk had introduced his takeover bid on April 14, calling it his ‘best and final offer’.
But his bid initially noticed Twitter’s put in place a ‘poison pill defence’ towards the hostile takeover. However, as soon as Musk introduced that he had secured funding, the board went into negotiations with the Tesla co-founder. According to Wall Street Journal, on Friday, Musk met “privately with several shareholders of the company to extol the virtues of his proposal” and likewise made video calls to them to push for his case.
Earlier right this moment, Musk had posted on his Twitter account, “I hope that even my worst critics remain on Twitter, because that is what free speech means.” It also needs to be famous that on Saturday, Musk had posted a quite distasteful tweet about Microsoft co-founder Bill Gates, apparently in response to Gates shorting Tesla. The tweet has greater than one million likes. He had then joked that the ‘shadow ban council’ was possible reviewing his tweet.
He has been a steadfast proponent of ‘free speech’ on the platform. In the submitting to the US SEC, Musk wrote, “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.” He additionally wrote within the submitting, “Twitter has extraordinary potential. I will unlock it.”
Musk has already proposed plans to take Twitter personal. He had additionally tweeted not too long ago, “If our twitter bid succeeds, we will defeat the spam bots or die trying!” adopted by one other publish which stated he would need all people on the platform authenticated.
The Tesla co-founder has additionally spoken prior to now about an ‘Edit Button’ on the platform and actually even held a ballot, the place he intentionally misspelt sure and no, presumably to spotlight that an edit button is required given the typos that individuals are inclined to make whereas tweeting. It needs to be famous that Twitter has already confirmed it’s going to introduce an Edit button.