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Twitter Looks to Sue After Elon Musk Pulls Out of Deal

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Elon Musk Officially Tries to Terminate Twitter Purchase

Elon Musk is officially trying — and here, ‘trying’ is a very important word — to break his $44 billion purchase agreement with Twitter. In a July 8th letter to the SEC, his representatives wrote, “Mr. Musk is terminating the Merger Agreement because Twitter is in material breach of multiple provisions of that Agreement,” and “appears to have made false and misleading representations upon which Mr. Musk relied when entering into the Merger Agreement.” As previously reported, Musk waived his rights to due diligence in his haste to consummate the Twitter deal, while also agreeing to pay a $1 billion penalty if he later backed out. He seems to have almost immediately regretted this, and very quickly began laying a legal groundwork to break the agreement without paying the fine....

Twitter “Notes” Allows Writers To Basically Drop Blog Posts On The Platform

HipHopWired Featured Video Source: SOPA Images / Getty Nope, we still can’t edit tweets after we hit send, BUT soon we can drop blog posts instead of being reduced to threads. Twitter Now Allowing Blog Posts On Wednesday (Jun.22), Twitter officially unveiled its latest feature, “Notes.” Essentially it will bring long-form writing to the social media platform because it encourages writers to publish their freeform content without worrying about character limits. “Notes” not being restricted to the usual 280-character limit allows writers to drop blog posts that can feature photos, videos, and other tweets inside of a Note. Writers can also share the Notes with their followers via tweets and on their Twitter profiles. In the tweet introduction, Twitter’s editorial director Rembert Browne exp...

Twitter board recommends shareholders vote for Elon Musk’s takeover

The Twitter board has unanimously recommended that shareholders vote in favor of Elon Musk’s takeover of the social media giant. Twitter’s board of directors initially accepted the $44 billion takeover bid at $54.20 per share in late April, and shareholder approval is the final hurdle to the deal going through bar any potentially erratic antics from Musk. According to a June 21 U.S. Securities and Exchange Commission (SEC) filing, Twitter’s board of directors unanimously determined that the “merger agreement is advisable” and have called on shareholders to vote in favor of the deal. The board stated that Twitter will be hosting a virtual meeting — at an unspecified date — to vote on the merger which has a deadline of Oct. 24. If the merger goes through, shareholders will receive $54.20 in ...

This is How Much You Will Pay for the Telegram Premium Subscription

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Sweeping layoffs, hiring and firing as crypto prices take a massive downturn

Many in the crypto world have been glued to their screens with eyes dead set on financial conditions this week. That isn’t the case for everyone though, as thousands are suddenly experiencing thewoes of sudden unemployment. Words of encouragement and sympathy also poured out across Twitter and LinkedIn consoling individuals released from their responsibilities. Some expressed frustration, confusion and anger while others expressed gratitude, renewed vision and reflections. My heart is with those recently laid off. I too have been one of the lucky ones to be spared by massive layoffs on days where friends have been let go. This privileged situation has its own anxiety, displacement and upheaval. Sorry you’re going through this moment. — Matt Murray (@vintageneon) June 16, 2022 As...

Bootleg Tony Stark, AKA Elon Musk, Says He Wants Twitter To Be More Like TikTok & WeChat

HipHopWired Featured Video Source: The Washington Post / Getty The bored billionaire Elon Musk finally addressed Twitter employees since striking a $44 billion deal to purchase the social media company. Elon Musk Has The Answers, Allegedly During a Q&A session with employees on Thursday (Jun.16), Elon Musk shared his vision for the popular platform still struggling to make a profit. Musk has a plan to fix that, be like other social media platforms. Related Stories Musk drew comparisons to WeChat during the session with Twitter employees speaking on how to increase user base and engagement. “There’s no WeChat equivalent outside of China,” Musk pointed out. “There’s no WeChat equivalent outside of China.” Elon Musk also believes Twitter has to offer more to Twitter users and en...

Bootleg Tony Stark, AKA Elon Musk, Says He Wants Twitter To Be More Like TikTok & WeChat

HipHopWired Featured Video Source: The Washington Post / Getty The bored billionaire Elon Musk finally addressed Twitter employees since striking a $44 billion deal to purchase the social media company. Elon Musk Has The Answers, Allegedly During a Q&A session with employees on Thursday (Jun.16), Elon Musk shared his vision for the popular platform still struggling to make a profit. Musk has a plan to fix that, be like other social media platforms. Related Stories Musk drew comparisons to WeChat during the session with Twitter employees speaking on how to increase user base and engagement. “There’s no WeChat equivalent outside of China,” Musk pointed out. “There’s no WeChat equivalent outside of China.” Elon Musk also believes Twitter has to offer more to Twitter users and en...

Bootleg Tony Stark, AKA Elon Musk, Says He Wants Twitter To Be More Like TikTok & WeChat

HipHopWired Featured Video Source: The Washington Post / Getty The bored billionaire Elon Musk finally addressed Twitter employees since striking a $44 billion deal to purchase the social media company. Elon Musk Has The Answers, Allegedly During a Q&A session with employees on Thursday (Jun.16), Elon Musk shared his vision for the popular platform still struggling to make a profit. Musk has a plan to fix that, be like other social media platforms. Related Stories Musk drew comparisons to WeChat during the session with Twitter employees speaking on how to increase user base and engagement. “There’s no WeChat equivalent outside of China,” Musk pointed out. “There’s no WeChat equivalent outside of China.” Elon Musk also believes Twitter has to offer more to Twitter users and en...

Saucy Santana Blames Beyhive for Trying to ‘Ruin’ Him Over Old Tweets About Beyoncé & Blue Ivy

Saucy Santana has once again found himself on the receiving end of the Beyhive’s wrath over his old tweets about Beyoncé and Blue Ivy. The gay rapper went on a Twitter tirade Friday ahead of his concert in Queen Bey’s hometown of Houston, Texas, lashing out because the singer’s fervent fanbase wouldn’t let him forget about his controversial tweets from 2014. (At the time, he called a then-2-year-old Blue Ivy “nappy headed” and claimed he was “prettier” than her famous mom. And though he’s since deleted all the offensive tweets from his timeline, screenshots have been making the rounds on the social platform.) “Fake woke a– bi—es!!!! People don’t care about old tweets,” Santana fired off. “The internet have this weird thing with power! Thinking they have the power to cancel someone… NEWS FL...

Nigeria Announces New Regulations for Facebook, Twitter & Other Platforms

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Yuga Labs co-founder prewarns possible attack, claims Twitter insider involved

Gordon Goner, pseudonymous co-founder of Yuga Labs, issued a warning about a possible incoming attack on their social media accounts under the Yuga Labs umbrella after receiving “credible information” that an insider from Twitter would help bypass the security of the accounts. Yuga Labs, home to some of the most popular nonfungible tokens (NFTs) including the Bored Ape Yacht Club (BAYC) and Otherside, proactively approached Twitter for security after receiving information about a soon-to-happen orchestrated attack on its social media accounts. We’ve received credible information that there may soon be an attack on our social media accounts, using an inside source at @Twitter to bypass our security. There are no surprise mints. Ever. — GordonGoner.eth (@GordonGoner) June 11, 2022 Soon ...