Elon Musk proposed a new name for Donald Trump’s Truth Social app, accusing Twitter, which had just agreed to buy it for $ 44 billion, of censorship. The Tesla boss, whose acquisition of the San Francisco-based platform was announced earlier this week, took to Twitter to compare it to the former president’s own social networking company. “Truth Social (terrible name) exists because Twitter censors freedom of speech,” Musk wrote on Twitter. “It should be called a trumpet!” Musk will pay $ 54.20 in cash per share for the San Francisco-based company, which will now go private after days of intense negotiations between the businessman and the platform’s board. The board announced it had reached an agreement with Musk on Monday and represented a premium of 38 per cent of Twitter’s closing price on April 1, a day before the world’s richest man made his move to the company by announcing his stake. nine percent. . Musk is likely to make some major changes to the social networking platform, having made several hints in recent months about his intentions. It comes after Musk’s friend Dorsey resigned as CEO and Parag Agrawal took over.

Basic points

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Twitter revenue reaches $ 1.2 billion and daily users increase to 229 million amid Elon Musk acquisition

ICYMI: Twitter revenue reached $ 1.2 billion and daily users increased to 229 million amid the acquisition of the social networking company by Elon Musk. On Thursday, Twitter posted its quarterly earnings – $ 513 million – days after the company agreed to sell to the billionaire. In the quarter to March this year, revenue rose 16 percent to $ 1.2 billion from the same period last year. Gustaf Kilander has the story. Graeme Massie29 April 2022 05:01 1651201309

ICYMI: The prospective owner of Twitter, Elon Musk, is famous for making his very active account on the platform with light jokes along with posts sharing serious stock acquisitions. Now that the billionaire businessman, after agreeing to buy Twitter for $ 44 billion, has stirred up his followers by posting a tweet that left many in the lurch: is he seriously considering buying Coca-Cola or is he just trolling his 80s? millions of followers? Graeme Massie29 April 2022 04:01 1651197829

The US market is bursting with news about the results of Facebook’s parent Meta despite fears about GDP growth

Wall Street saw technology and growth stocks rise on Thursday, following strong gains from Facebook’s parent company Meta, which raised concerns that the US economy was shrinking in the first quarter of 2022. As of 3 p.m., markets have been enjoying their best day since May 2020, with the three main indicators enjoying a steady rise. Bevan Hurley has the details. Graeme Massie29 April 2022 03:03 1651194949

Trump finally posts on Truth Social platform – revives one of his most famous phrases

The silence was never going to last. Donald Trump finally posted on the Truth Social app, Twitter’s fierce rival that launched earlier this year, after an uncharacteristic months of silence from the usually flexible former president. Josh Marcus has the story. Graeme Massie29 April 2022 02:15 1651191289

Musk tweets about political change

ICYMI: The prospective new Twitter owner posted an animated meme that seems to show his belief that he is in fact the left wing of American politics that has moved to the extremes since 2008, not the right. The cartoon with a stick shows that people with centrist views in 2008, who were called “I” in the cartoon, are now on the right because of this change. Graeme Massie29 April 2022 01:14 1651190629

Marjorie Taylor Greene says she wants to meet with Elon Musk to discuss Twitter bans

Spokeswoman Marjorie Taylor Greene said she hoped she could meet with Tesla CEO Elon Musk amid the news that she had acquired Twitter. The right-wing Georgian MP made the remarks during a press conference in front of the Capitol when she introduced legislation that would repeal Article 230 of the Law on Communication Etiquette, which states that service providers cannot be treated as publishers or speakers. of information provided by another provider. Graeme Massie29 April 2022 01:03 1651188529

Self-proclaimed “socialist” to “red pill” crusader against lockdown: What is Elon Musk’s policy?

ICYMI: The tycoon of Tesla and SpaceX has donated to both parties and attacked everyone from Joe Biden to Donald Trump to trade unions and “pronouns”, but below all there is a consistent ideology, writes Io Dodds . Graeme Massie29 April 2022 00:28 1651186969

Twitter: Will Elon Musk really buy the social networking platform for $ 44 billion?

Elon Musk has become the richest man in the world and one of the most polarizing figures in the business world, behind Tesla’s amazing commercial success and SpaceX mechanical brilliance. And with his $ 44 billion offer for Twitter being accepted by the board of the social media platform, Mr. Musk is likely to add a third CEO role to his collection. Graeme Massie29 April 2022 00:02 1651163408

Tumblr is gaining new users as people leave Twitter

Matt Mullenwag, founder of Automattic, which owns Tumblr, wrote on Twitter that Tumblr had seen a 19% increase in new users following news that Elon Musk had acquired the company. Adam Smith28 April 2022 17:30 1651158463

Twitter miscalculates its users

Twitter has also overestimated the number of daily users in its service for the past, surpassing up to 1.9 million users each quarter in news releases after its quarterly earnings. The error was because Twitter counted many accounts as active when they all belonged to one user – even if they were not in use. Adam Smith28 April 2022 16:07