Elon Musk offers to buy Twitter for $41 billion
Posted By: Imright, 4/14/2022 8:30:08 AM
Elon Musk has launched a $41 billion bid to buy Twitter, saying the proposed deal is part of his plan to bring “free speech around the globe” just days after rejecting a seat on the social media company’s board.Musk’s offer price of $54.20 per share, which was disclosed in a regulatory filing on Thursday, represents a 38% premium to Twitter’s April 1 close, the last trading day before the Tesla CEO’s more than 9% stake in the company was made public.Twitter’s shares jumped 12% in premarket trading.
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The Biden administration announced Friday that it would resume selling new oil and gas leases on federal lands – while hiking royalties that go the public when selling leases for extracting fossil fuel reserves in nine states.The Interior Department announced the news Friday afternoon – Good Friday and the start of Passover while Biden is away at Camp David, in a sign of the political sensitivity of the issue. It comes amid successive reports of soaring inflation, although the administration has stressed repeatedly that decisions on leasing primarily impact long-term, rather than short-term supply, and has called on companies to explore for oil and gas on existing leases.
Conservative commentator and former Speaker of the House Newt Gingrich, appearing on Just the News’ John Solomon Reports podcast, had some harsh words for Mitch McConnell, who he sees as being too weak and his agenda as being about as bad as that pushed by Pelosi and the Democrats.
Speaking on that, Gingrich first sided with a few conservative legislators who have put forth positive visions of America, saying:“I am totally with Kevin McCarthy and with Rick Scott, both of whom have come up with positive ideas.“McCarthy wants to develop a commitment to America. And he’s got, I think, seven different working groups. I was honored to be invited
Elon Musk is talking with potential partners about joining him in a bid to wrestle control of Twitter, after the board poured cold water on his $43 billion offer and instead opted to take 'a poison pill'.Musk, 50, told the board on Wednesday he wanted to buy the social media company, in which he has a 9.1 percent share.On Thursday, the CEO, Parag Agrawal, told staff that they were still weighing up Musk's offer.But on Friday, Twitter's board announced the dramatic 'poison pill plan' to prevent Musk from increasing his stake in the company further.
Elon Musk Considers Bringing in Partners
on Twitter Bid After Company Adopts ‘Poison Pill’ 0 replies
on Twitter Bid After Company Adopts ‘Poison Pill’ 0 replies
Elon Musk considers bringing in partners on his Twitter bid as the tech giant announced it adopted a ‘poison pill’ measure to prevent the billionaire CEO from taking over the company.Elon Musk offered to acquire the remaining Twitter shares he doesn’t own for $54.20 per share – and the board refused to hold a vote.The ‘poison pill’ “preserves the right for Twitter shareholders other than Musk to acquire more shares of the company at a relatively inexpensive price, effectively diluting Musk’s stake.” – CNN reported.“The Rights Plan will reduce the likelihood that any entity, person or group
Twitter Uses ‘Poison Pill’ To Stop
Musk. Here’s How That Works And What
Could Happen Next. 11 replies
Musk. Here’s How That Works And What
Could Happen Next. 11 replies
Twitter’s desperate gambit on Friday to stave off Elon Musk’s bid for a hostile takeover is technically known as a shareholder rights’ plan, but investors call it a “poison pill.” Here’s how it works, and what might happen next:A poison pill allows other shareholders – but not the would-be buyer – to scoop up newly minted shares at a discount, boosting their investments while forcing the target to swallow “economic poison” by having his shares diluted. The move is an unmistakable signal that the board is not interested in the prospective hostile acquiror, despite a potential profit for shareholders. If the maneuver succeeds, shareholders are certain to
ROME, Italy — Pope Francis accused the West of racism Friday, insisting migrants are “subdivided” by skin color and country of origin.“Refugees are subdivided,” the pontiff declared during a lengthy Good Friday interview on Italian television. “There’s first class, second class, skin color, [whether] they come from a developed country [or] one that is not developed.”“We are racists, we are racists. And this is bad,” the pope stated. As he has done on other occasions, Francis compared the current problem of migrants and refugees to the flight into Egypt of Joseph, Mary, and Jesus when King Herod was seeking to kill him.
The sunken Russian warship Moskva, which Ukraine says it destroyed in a missile strike, may have been carrying nukes when it went down, experts warn — as Russian state TV ominously declared that World War III has begun.Russia suffered a massive blow when the flagship of its Black Sea fleet was targeted Thursday and went down off Sevastopol as it led Moscow’s naval effort in the seven-week conflict.Now, several Ukrainian experts have raised the possibility that the 12,500-ton Moskva — the largest Russian warship to be sunk during active service since World War II — could have been carrying nuclear weapons.Mykhailo Samus, deputy director of the Lyiv-based Center
A record number of homebuyers are departing from coastal cities like Los Angeles and San Francisco for states like Florida as inflation surges and the housing market shows early signs of a slowdown. Redfin, a real-estate brokerage, released a report showing that 32.3 percent of users were looking to move to a different metropolitan area in the first quarter of 2022, up from 31.5 percent a year ago and 26 percent in 2019. The company blames factors like skyrocketing home prices, rising mortgage rates and inflation - which rocketed to a 41-year-high 8.5 percent in March - as families look to find a more affordable place to live.
Maxine Waters pays daughter another $24,000
in campaign cash, adding to $1.2M in previous payments 15 replies
in campaign cash, adding to $1.2M in previous payments 15 replies
Rep. Maxine Waters, D-Calif., paid her daughter another $24,000 in campaign cash during the most recent quarter, Federal Election Commission records reviewed by Fox News Digital show. Karen Waters, who has been organizing slate-mailing operations to bolster her mother's re-election for nearly two decades, and her company, Progressive Connections, have received more than $1.2 million since 2003 for campaign services, including "slate mailer management" fees and "campaign managing services."A "Citizens for Waters" campaign committee filing from earlier this week shows that the younger Waters received $24,000 from the committee between January and March 2022.
The Deep State and crooks running the regime are not letting up. They cpntinue to destroy America’s laws, freedoms, and legal system.Not only are the radical Washington DC judges totally corrupt, but the US Justice Department is as corrupt as ever. This corruption took off under Obama and now is raging.These two entities which were once protectors of the citizens of this country from tyranny and injustice have become the monsters that American founders feared.
DC Judges like Amy Berman Jackson or Reggie Jackson don’t enforce the Constitution, they enforce their political wills.
A third bus with migrants arrived in Washington, D.C., on Friday and unloaded near Union Station, just blocks from the U.S. Capitol, following orders from Texas Governor Greg Abbott.“On April 6, Gov. Abbott ordered the Texas Division of Emergency Management to prepare buses to transport DHS-released migrants on a voluntary basis from their drop-off location to Washington, D.C.,” reported Breitbart News’ Bob Price.“To help local officials whose communities are being overwhelmed by hordes of illegal immigration who are being dropped off by the Biden Administration, Texas is providing charter buses to send these illegal immigrants who have been dropped off by the Biden Administration to Washington, D.C.,” Abbott said
White House press secretary Jen Psaki was asked during a Pod Save America taping if Fox News Channel's White House correspondent Peter Doocy was a 'stupid son of a b***h' or just played one on TV. 'He works for a network that provides people with questions that, nothing personal to any individual including Peter Doocy, but might make anyone sound like a stupid son of a b***h,' Psaki replied during the Pod's D.C. taping Thursday night. The episode was released online Friday. Psaki also said President Joe Biden would not be traveling to Ukraine, despite him telling reporters Thursday morning that, 'yeah,' he was up for the trip.
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Abigail Disney inherited her fortune from her famous family, which built an empire on selling the public an idealized version of Main Street, USA. Now the left-wing heiress is trashing the same ideal in a new documentary in which she calls the American Dream a “nightmare” for most people.The American Dream and Other Fairy Tales, which premiered this year at the Sundance Film Festival, examines the pay gap of Disney employees — focusing on wage earners, or “cast members,” at Disneyland, some of whom say they are unable to afford sufficient food on their pay.
ROME, Italy — Pope Francis accused the West of racism Friday, insisting migrants are “subdivided” by skin color and country of origin.“Refugees are subdivided,” the pontiff declared during a lengthy Good Friday interview on Italian television. “There’s first class, second class, skin color, [whether] they come from a developed country [or] one that is not developed.”“We are racists, we are racists. And this is bad,” the pope stated. As he has done on other occasions, Francis compared the current problem of migrants and refugees to the flight into Egypt of Joseph, Mary, and Jesus when King Herod was seeking to kill him.
Multiple Democrats on Capitol Hill are worried about the ability of one of their longest-serving senators, Dianne Feinstein, to continue serving in Congress, a new report suggests on Thursday. Feinstein, 88, had long been renowned in Washington for an issue-focused passion and quick wit -- but one California Democratic lawmakers told the San Francisco Chronicle there was 'no trace of that' in recent months.
The Biden administration on Thursday unveiled hundreds of strategies across several federal agencies aimed at addressing what it says is racial and gender inequity in the federal government. A senior administration official said the initiative is the first major assessment of how government policies have allowed “inequality to fester,” including ways they said the government has blocked underserved communities from government services.
“This is about getting under the hood in every agency,” the official said. The plan outlines more than 300 different strategies and commitments by more than 90 federal agencies, including the Justice, Defense, Energy and Labor departments. For example, the Justice Department will offer more language-accessible programs
The Russian people know little about Putin’s war on Ukraine because Putin has blocked their access to the truth, substituting propaganda and lies.
Years ago, pundits assumed the internet would open a new era of democracy, giving everyone access to the truth. But dictators like Putin and demagogues like Trump have demonstrated how naive that assumption was.
At least the US responded to Trump’s lies. Trump had 88 million Twitter followers before Twitter took him off its platform – just two days after the attack on the Capitol, which he provoked, in part, with his tweets. (Trump’s social media accounts were also suspended on Facebook, YouTube, Instagram, Snapchat, Twitch and TikTok
Tony Dungy, the first black coach ever to win a Super Bowl, might have escaped notice this week had he merely supported Florida Governor Ron DeSantis’s “Responsible Fatherhood Initiative.” His real sin was to explain why.
Dungy, a Christian father or eleven, recounted a conversation he had years back with the Rev. Abe Brown about Brown’s prison ministry. At Brown’s request, Dungy accompanied him to prison. Expecting to find hardened criminals, Dungy found instead “19- and 20- and 21-year-old kids who looked like my boys.” When Dungy asked what accounted for the young men’s incarceration, Brown told him, “(snip) Ninety-five percent of these boys did not grow up with their dad.”
The Oracle of Oakland has done it again. Asked about anger at the Biden administration over inflation, putative Vice President Kamala Harris answered Wednesday: “Well, first of all, I acknowledge one must acknowledge, um, that prices are going up. And that people are working hard. And in many cases are worried about whether they can get through the end of the month and make it all work.” Indeed, one must acknowledge these things, just as one must acknowledge that there is a sun in the sky and that water can tend to be wet. It seems as if every time she opens her mouth, the ostensible vice president
[Video] Biden Does It Again – Falsely
Claims He Was A ‘Full Professor’ At
Ivy League University 25 replies
Claims He Was A ‘Full Professor’ At
Ivy League University 25 replies
Another day, another instance of President Joe Biden making stuff up, and another reason for Americans to be mortified. No, folks, this isn’t some sort of nightmare you’re in, one that you can’t wake up from. This is really happening.
During an appearance yesterday at North Carolina Agricultural and Technical University in Greensboro, Biden gave a speech about the importance of Historically Black Colleges and Universities (HBCU). As is so often the case with the president, he went off-script again and just totally lied about his past.
New York Times columnist and – we’re constantly reminded – Nobel Laureate Paul Krugman says that inflation, which hit another new high this month, will soon abate. Why? Because, he wrote on Tuesday, “Lumber prices have plunged in recent weeks. Prices of industrial metals such as copper are coming down. Prices of used cars are still very high, but their surge has stalled and they may have peaked.”
Oh, wait. That was from a column that Krugman wrote in June 2021. [snip] What Krugman actually wrote this Tuesday was that “inflation will probably fall significantly over the next few months.”
Why? Because, he now says, oil prices have moderated and retailers are
Pundits skeptical of or even hostile to Ukraine’s cause in its defensive war against Russia have different reasons, or rationalizations, for their views and hail from different points on the political spectrum. But there is one belief that unites nearly all of them: the conviction that Ukraine is not a democracy fighting for its survival but an American “Deep State” project, with a regime installed by a 2014 coup that was led by Ukrainian far-right extremists and backed or even engineered by the U.S. State Department.
There’s a new Kennedy in town!
Caroline Kennedy, the daughter of John F. Kennedy and Jackie Kennedy Onassis, is celebrating after the birth of her first grandchild, The Post can reveal.Environmental journalist Tatiana Schlossberg — Caroline’s daughter with designer Edwin Schlossberg — was spotted Thursday carrying her newborn in Manhattan.(Photos) Tatiana, 31, wed her Yale sweetheart Dr. George Moran, 32, in September 2017. The ceremony was held in the garden of her late grandmother Jackie’s summer home on Martha’s Vineyard.Tatiana is the middle of three children: Her sister Rose, 33, is a filmmaker, and brother Jack, 29, recently graduated from Harvard Law and Harvard Business School.
The White House on Thursday said there were no plans to send President Joe Biden to Ukraine, despite the president again expressing his willingness to go.Biden was asked by reporters Thursday during a trip to North Carolina if he was prepared to travel to Ukraine to signal his support for the country during Russia’s invasion.“Are you ready to go?” he asked reporters.When reporters replied by asking the president if he was ready to go to Ukraine, Biden replied, “Yeah.”But White House official Fox News reporter Jacqui Heinrich said that there were “no plans” to send Biden to Kyiv, Ukraine “at this time.”