Twitter Shareholders Approve $44 Billion Musk Buyout

Twitter shareholders voted Tuesday in favor of Elon Musk’s purchase of the social media platform, despite his efforts to get out of the $44 billion deal.

Musk, the multi-billionaire owner of SpaceX and electric car company Telsa, has tried to terminate the deal on multiple occasions, citing the platform’s alleged security problems.

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Twitter Censors ‘Groomer’ Term After Left-Wing Pressure Campaign

Tennessee Star

Twitter began censoring the word “groomer” after left-wing media watchdog group Media Matters for America pressured the site to crack down on the term, which they claim is anti-LGBT.

Commentator James Lindsay was locked out of his Twitter account Thursday for calling a Media Matters employee a groomer, according to screenshots Lindsay shared with the Daily Caller News Foundation. He had to delete his tweet and wait an additional 12 hours to regain full access to his account.

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GETTR CEO Jason Miller Discusses Musk’s Failed Twitter Takeover

Claiming that Twitter was in “material breach” of its agreement to sell the microblogging platform to him, Elon Musk said in a Securities and Exchange Commission (SEC) filing that he does not intend to purchase Twitter, invoking a massive response in the tech space. 

“Today’s announcement that Elon Musk is abandoning his takeover of Twitter comes as no surprise to those of us who predicted the implosion for months,” GETTER CEO Jason Miller said in a statement. “But the lasting result of the failed acquisition will be permanent, and Musk deserves credit for further exposing the incurable, rotting, politically discriminatory culture inside the Blue Bird.”

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Elon Musk Cancels Bid to Buy Twitter

Twitter logo

Tesla CEO Elon Musk on Friday announced that he was canceling plans to purchase social media giant Twitter, citing the company’s failure to produce information on fake accounts.

Musk sent a letter to Twitter’s board of directors on Friday announcing he would not acquire the company. He told the Securities and Exchange Commission that Twitter has “not complied with its contractual obligation,” according to the Associated Press.

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Biden Climate Czar Urges Big Tech to Censor Energy Debate

President Joe Biden’s top adviser on environmental issues called on technology companies to censor debates on environmental issues and energy policy during a Thursday event.

“The tech companies have to stop allowing specific individuals over and over again to spread disinformation,” White House National Climate Advisor Gina McCarthy, a former EPA Administrator, said during a virtual event, according to Axios. “We need the tech companies to really jump in.”

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Twitter Co-Founder Jack Dorsey Leaves Company’s Board of Directors

Twitter cofounder Jack Dorsey has exited the social media company’s board of directors.

The planned departure comes as Tesla and SpaceX founder and CEO Elon Musk continues his attempt to purchase the company. The company initially announced last November that Dorsey would leave the board when his term expired at the company’s 2022 shareholder meeting, which took place Wednesday.

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Conservative Investors Launch Campaign to Take On America’s ‘Wokest’ Corporations

A group of conservative investors plan to take on four of the “wokest” corporations at upcoming shareholder meetings over allegedly discriminatory policies in an effort to defend shareholders, according to a press release.

The Free Enterprise Project of the National Center for Public Policy Research, a Boardroom Initiative (BI) coalition member, will make proposals at Walmart, Twitter, Facebook and Comcast shareholder meetings held over the next two weeks to hire outside firms to investigate whether or not the companies are placing merit behind “equity” considerations, according to the release.

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Twitter Will Now Suppress ‘False’ and ‘Misleading’ Tweets Under ‘Crisis Misinformation’ Policy

Twitter announced Thursday that the company would be implementing a new policy for its users that would focus on making sure widespread “misinformation” was not amplified on the site during crises.

Tweets branded as misinformation during a crisis will be blocked out with a warning notice under the new “Crisis Misinformation Policy,” the blog post read. Twitter added that the policy would prioritize tweets with high exposure or from “high profile accounts.”

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Twitter Lead Client Partner Caught on Tape Slamming Free Speech and Describing Elon Musk as a ‘Looney Tune’ with ‘Special Needs’

Twitter is not in business to make a profit or to give people free speech, but to do “something that’s good for the planet,” a company employee can be heard saying in a secretly recorded video.

The new undercover footage from Project Veritas features Lead Client Partner Alex Martinez discussing the company’s authoritarian views on speech, and denigrating Tesla CEO Elon Musk as a “loony toon” with “special needs.”

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Two Top Twitter Managers Fired Ahead of Musk Purchase

Two top officials at Twitter were fired on Thursday, signaling ongoing internal chaos at the tech giant as Elon Musk prepares to take over the company.

According to ABC News, one of Twitter’s general managers, Kayvon Beykpour, was fired after working at Twitter for seven years. The same day, revenue and product lead Bruce Falck announced his firing in a tweet that has since been deleted. Beykpour described his situation in several tweets, claiming that CEO Parag Agrawal “asked me to leave after letting me know that he wants to take the team in a different direction.” Falck’s Twitter bio now simply reads “unemployed.”

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Commentary: Americans Are Sounding the Alarm over Big Tech Monopolies

Elon Musk’s Twitter acquisition — which can be summed up as the world’s wealthiest person buying one of the most powerful social media and news platforms — underscores one of the big problems with Big Tech.

In the absence of modernized anti-trust and anti-monopoly laws, Big Tech companies in the U.S. have amassed far too much economic and political control over society, and especially over the news and publishing industries.

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Commentary: Biden’s Scary and Unconstitutional Ministry of Truth

Earlier this week Biden announced that the Department of Homeland Security would be launching a “Disinformation Governance Board,” which will be headed by executive director Nina Jankowicz.

Katelyn Caralle, of the UK’s Daily Mail, describes Jankowicz as a woke so-called expert who’s against free speech and tried to pour cold water on the Hunter laptop scandal.

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Commentary: Reaction to Musk Offer Suggests Content Moderation More About Control Than Safety

The reaction among the press and tech communities to Elon Musk’s efforts to purchase Twitter has been nothing short of apocalyptic. A common theme has been that democracy itself would be under threat if unelected billionaire oligarchs controlled what was allowed online. Yet this is precisely how social media works today. The Musk controversy, like the Cambridge Analytica story before it, highlights the real issue: the fight over content moderation is less about online safety and more about who controls the digital public square.

Only a year ago, the media cheered the unilateral decisions by a handful of billionaires to effectively banish then-President Donald Trump from the digital public square. Lawmakers and media outlets alike proclaimed the societal benefits of private companies controlling the digital public square beyond the reach of government. In contrast, the possibility of a libertarian-leaning billionaire like Musk wielding that same power has been presented as nothing short of an attack on democracy itself.

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Twitter Bans Ads Contradicting U.N. Climate Science

Twitter will no longer sell ads with messaging that contradicts the United Nations’ (UN) scientists, according to a statement from the Silicon Valley tech giant. 

“To better serve these conversations, misleading advertisements on Twitter that contradict the scientific consensus on climate change are prohibited, in line with our inappropriate content policy,” the statement says. “We believe that climate denialism shouldn’t be monetized on Twitter, and that misrepresentative ads shouldn’t detract from important conversations about the climate crisis. This approach is informed by authoritative sources, like the Intergovernmental Panel on Climate Change Assessment Reports.”

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Commentary: Twitter Is Not a Business, It’s a Political Operation

Person holding phone up with Twitter sign up page on smart phone.

Here’s your first clue Twitter is not really a business with a fiduciary duty to maximize shareholder value – when Elon Musk made a public offer to buy the company for $54.20 a share (roughly $40 billion) the company’s management not only turned down the offer, but began to work on a poison pill defense aimed solely at Mr. Musk, who is already Twitter’s largest shareholder.

According to reporting by the New York Times, some investors and Wall Street analysts said that Mr. Musk’s offer of $54.20 a share was too low, and that he would need to go to at least $60 a share to appeal to shareholders. That would be 25 percent higher than the share price when Mr. Musk announced this month that he had acquired a 9 percent stake in Twitter.

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Elon Musk Named to Twitter Board of Directors

In a move that has sent shockwaves through Silicon Valley, Tesla founder and CEO Elon Musk, who became Twitter’s largest shareholder Monday, will now be a member of the company’s board of directors.

“I’m excited to share that we’re appointing [Musk] to our board! Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board,” Twitter CEO Parag Agrawal said Tuesday. 

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Musk Takes 9 Percent Stake in Twitter amid Speculation Buy Will Lead to ‘Active Stake,’ Stocks Soar

Elon Musk

Tesla CEO Elon Musk, who has questioned Twitter’s commitment to free speech, has taken a 9% stake in the social media platform, making him its largest shareholder.

Musk bought 73.5 million shares worth $2.9 billion, based on the closing price Friday, the Associated Press reported Monday.

However, what Musk intends to do as a result of the purchase remains unclear.

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Congressman Demands Internal Records from Facebook and Twitter over Suppression of Hunter Biden Laptop Story

Hunter Biden

On Thursday, Congressman Darrell Issa (R-Calif.) demanded that Big Tech companies Facebook and Twitter preserve all internal documents related to the suppression of the Hunter Biden laptop story.

According to the Washington Free Beacon, Issa’s office sent letters to Facebook CEO Mark Zuckerberg, Twitter CEO Parag Agrawal, Facebook communications director Andy Stone, and former Twitter CEO Jack Dorsey. The letters all ordered the companies to “immediately initiate document preservation for all materials relating to questions, inquiry, conversation, strategy, and response to the media reporting of the Hunter Biden laptop and/or its contents that first appeared in the New York Post on October 14, 2020.” The companies were additionally instructed to notify employees, consultants, and subcontractors who may have access to the relevant information.

Issa’s requests are in reference to an apparently coordinated campaign by Big Tech companies and the mainstream media to suppress the bombshell story about Hunter Biden’s laptop. First reported on by the New York Post, the story broke less than one month before the 2020 election in which Hunter’s father, Joe Biden, was running against incumbent President Donald Trump. The laptop in question, retrieved from a repair shop in Delaware, contained numerous damning documents, photos, and videos depicting Hunter’s foreign business dealings through his father’s political connections, as well as Hunter’s personal habits involving drugs, alcohol, and prostitution.

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Donald Trump’s Truth Social Propels Conservatives’ Reach Past Twitter in Few Short Weeks

Radio host and TV commentator Dan Bongino built an army-sized following over the years on Twitter, with 2.4 million fans. In a few short weeks, he’s attracted about a tenth of the same following on President Trump’s nascent Truth Social platform.

But with millions fewer users and hundreds of thousands fewer followers, Bongino’s Truth Social account — like those of scores of other conservative stars — is creating substantially more engagement on posts than his long-time audience on Twitter.

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Censored: Twitter Suspends John Solomon’s Account for Story on Peer-Reviewed COVID Study

Twitter on Thursday suspended the account of Just the News CEO and Editor John Solomon for tweeting a story about a peer-reviewed study on COVID vaccines published in a respected medical journal by a research university that has worked with the both National Institutes of Health and the World Health Organization.

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Pennsylvania Professor Files Lawsuit Following Dismissal over Anonymous Tweets

Greg Manco, Ph.D. of St. Joseph University

Professor Gregory Manco has filed a lawsuit against his former employer, St. Joseph’s University, citing undue discrimination after a previous student of his complained to the institution about what she perceived to be racist activity on Manco’s Twitter account. 

Manco had served as the Visiting Assistant Professor of Mathematics at St. Joe’s for 17 years. In 2017, Hadassah Colber, a student that Manco failed, claimed that she found offensive tweets on the scholar’s anonymous Twitter account, Broad + Liberty reports. 

According to the lawsuit, Colbert learned about his Twitter account on Jan. 22, 2021, and emailed the University to complain about the “racist” and “transphobic” content she saw.

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Twitter Reverses Ban on Account That Highlighted Left-Wing Hypocrisy

Twitter Tuesday evening banned a well-known Twitter account called @DefiantLs, which posted screenshots pointing out left-wing hypocrisy. 

The owner of the account, who has always been anonymous and remains so, said the account was banned for an alleged “ban evasion,” despite the fact that the account owner says he or she has “never had an account suspended so I’ve never had a ban to evade.”

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Big Tech Censored Dozens of Doctors, over 800 Accounts for COVID-19 ‘Misinformation,’ Study Shows

Major technology companies and social media platforms have removed, suppressed or flagged the accounts of over 800 prominent individuals and organizations, including medical doctors, for COVID-19 misinformation, according to a new study from the Media Research Center (MRC).

MRC’s Free Speech America CensorTrack, an initiative that monitors acts of censorship across online platforms, identified over 41 instances between March 2020 and February 2022 in which doctors, scientists and medical organizations were censored, according to the results of a study shared with Daily Caller News Foundation.

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