The Independent National Electoral Commission (INEC) has commenced an investigation into the circumstances that led to the endorsement of a post that criticised the Labour Party presidential candidate, Peter Obi, on its Twitter handle.
An unknown person on INEC’s official Twitter account – @inecnigeria, had clicked “like” on a post in which Seun Kuti, the son of late afrobeat maestro, Fela Anikulapo-Kuti, criticised the LP candidate.
Kuti had in an interview with an online platform, Mic On Podcast hosted by Channels Television’s Seun Okinbaloye described the former Anambra State governor as an opportunist that can’t deliver Nigeria.
The commission had come under fire following the incident with many accusing it of partisanship.
In a statement issued on Wednesday, INEC reassured Nigerians of its neutrality in the election and promised to deal with anyone behind the act.
The statement read: “The attention of the Independent National Electoral Commission (INEC) has been drawn to a post on its Twitter handle, liking a post relating to one of the 18 presidential candidates.
“The Commission is an independent electoral body and does not have a preference for any candidate or political party. The Commission assures all Nigerians of its neutrality and will conduct a general election that is free and fair to all. The allegiance of the Commission is to the people of Nigeria.
“In the meantime, the Commission is investigating the circumstances that led to the liking of the said post and will take appropriate disciplinary actions if an infraction is established.”
Billionaire Twitter CEO and tech industry leader, Elon Musk, has announced his resolution to grant Twitter API for free, a new development that contradicts his position last week.
Musk had, last week, stated that all developers would have to pay to use Twitter’s API.
Days before the deadline, Elon Musk announced on his official Twitter handle that Twitter would offer a write-only API for “bots delivering useful content that is free” after hearing from developers.
The company has also modified its developer conditions to prohibit third-party clients, ultimately ending the existence of apps like Tweetbot and Twitterific.
𝕹𝖔𝖇𝖑𝖊 𝕽𝖊𝖕𝖔𝖗𝖙𝖊𝖗𝖘 𝕸𝖊𝖉𝖎𝖆 understands that the removal of Twitter’s free API has an impact beyond bot developers.
The Minister of Communications and Digital Economy, Prof Pantami has said West African countries are eager to adopt how Nigeria dealt with the tech giant, Twitter.
The Minister also disclosed that West African countries are looking for possibilities of adopting digital economy policies.
Pantami made this known while speaking to journalists at the closing ceremony of the Digital Economy Regional Conference held in Abuja on Wednesday.
“Looking at the Unity of West African countries, 15 of them attended this conference; many Ministers were in attendance; this indicates that unity brings about collaboration.
“All over the world, no country will develop its digital economy sector without collaboration; it cannot achieve digital inclusion in silos.
“The communique the conference produced, many issues that will bring about win-win situations in the sector have been outlined for implementation by West Africa countries.
“First, they are willing to adopt most of our digital economy policies, which we’ve been implementing in Nigeria—mainly looking at how we’ve diversified the country’s economy through ICT and digital services.
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“Secondly, the way and manner the Nigerian government dealt with Twitter, other countries are willing to learn how they can get a copy of some of our agreement with Twitter so that they can adopt it.
“Also looking at the possibility of adopting some of the conditions across the West Africa Countries”, he stated.
Twitter’s British landlord said Tuesday it is taking the social media to court for not paying rent on its central London offices.
The Crown Estate, a company that manages land and property belonging to the British monarchy, said it has launched legal action at the High Court for rental arrears on an office space close to Piccadilly Circus.
The San Francisco Chronicle reported Monday that the landlord of Twitter’s San Francisco headquarters has sued the company for allegedly failing to pay almost $6.8 million in rent for December and January.
Twitter has a London office in a complex on Air Street called Air W1, whose landlord is the Crown Estate.
The Daily Telegraph reported that Twitter’s signs and logos have been removed but a member of staff said the company was still present there.
Twitter UK began using this office in 2014, according to Companies House, which gives this as its registered address.
The world’s richest man and Twitter CEO, Elon Musk has stated that the risk of him being killed is “quite significant.”
In a two-hour Q&A audio chat on Twitter Spaces, he told listeners he “definitely” would not “be doing any open-air car parades, let me put it that way.”
He said: “Frankly the risk of something bad happening to me, or even literally being shot, is quite significant.
“It’s not that hard to kill somebody if you wanted to, so hopefully they don’t, and fate smiles upon the situation with me and it does not happen … There’s definitely some risk there.”
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The self-proclaimed “free speech absolutist” added that “at the end of the day, we just want to have a future where we’re not oppressed”.
He said: “[Where] our speech is not suppressed, and we can say what we want to say without fear of reprisals.
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Carlo Ancelotti’s team successfully added to their four cups from 2014 to 2018, and their triumph meant European teams have won the past 10 editions of the tournament.
Nigeria’s First Lady, Aisha Buhari, has withdrawn the case against Aminu Adamu Mohammed, a final year student of Jigawa state Federal University, Dutse.
The prosecution counsel, Fidelis Ogbobe, on Friday, said following the intervention of well-meaning Nigerians, the First Lady, as the mother of the nation, decided to withdraw the case.
Ogbode relied on Section 108 subsection 2(a) of the Administration of Criminal Justice Act to move the application for the withdrawal of the case.
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Justice Halilu Yusuf of the FCT High Court, ruling on the matter, commended the First Lady for taking the “bold steps” to forgive the accused.
While issuing the release warrant of Aminu, justice Halilu called on parents to monitor their children to avoid recurrence.
Aminu, who was reportedly subjected to torture and other ill-treatment, had faced charges of defamation of the character of Nigeria’s first lady.
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The alleged traditional ruler, wanted to know how many persons at the meeting had their PVCs and only about 20 answered in the affirmative, out of about 60 persons said…
First Lady, Aisha Buhari and the Department of State Services (DSS) are facing criticism over the arrest of a young Nigerian after a remark on Twitter.
Aminu Adamu, a student of the Federal University, Dutse, Jigawa State, is in detention for commenting on Aisha’s weight.
In June 2022, the undergraduate tweeted “Su mama anchi kudin talkawa ankoshi” (The mother has got fatter by eating masses’ money).
The post, which suggests President Muhammadu Buhari’s wife benefited from alleged corrupt practices, generated many reactions.
Aminu’s friends said the tweet was in protest of the eight-month strike by the Academic Staff Union of Universities (ASUU).
The industrial action infuriated thousands of students so much that they made comments, videos, and organised rallies against the government.
After the revelation of Aminu’s ordeal by Peoples Gazette, Nigerians are clamouring for his immediate trial or release.
The 23-year-old, arrested within campus around 12 noon on November 8, was only allowed to speak to his father, Shalele Azare Adamu.
As of Sunday night, Aisha Buhari was trending on Twitter with more than 60,000 mentions as users mount pressure on the authorities to free the student.
Legal practitioner, Inibehe Effiong said it is petty, ridiculous and unconstitutional for the DSS to hold a citizen for “mockery”.
Effiong insists Nigeria is not Iran, North Korea or China and vowed that reckless abuse of power will not be tolerated.
The rights activist stated that Mrs Aisha Buhari should have taken Muhammed to court for libel if she felt defamed.
Effiong said using the secret police to detain a youth “is another evidence of the culture of crass impunity that pervades the Buhari regime”.
“It is not acceptable to deploy state apparatus in such a draconian and oppressive manner the way Mrs Aisha Buhari has done to settle personal scores. The DSS has no jurisdiction in this case”, he added,
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In one of his several reactions on the matter, Investigative Reporter, David Hundeyin quoted a 2013 tweet by the APC United Kingdom verified account.
“Death notice (2) Survived by GEJ (Ex-President Goodluck Jonathan), Shepopotamus (Alleged reference to Patience Jonathan)…Funeral to be held at Aso Rock. No sycophants or flowers please”, it reads.
Noting that the tweet was about a sitting First Lady, David wrote: “The sky did not fall down. So please entirely miss me with anything you have to say. Aisha Buhari’s bullying has not even started.”
@SadiqMaunde: “They arrested Aminu for trolling Aisha Buhari, now thousands of Aminus emerged on Twitter. Nigerians are really uniting against their oppressors, may we carry the same anger to the polls.”
@AishaYesufu: “Who is Aisha Buhari that an aggrieved citizen cannot talk about? Those of you talking about her so called powers need to ask yourselves whether you are citizens or slaves.”
@Oluomoofderby: “Aisha Buhari can use the DSS to arrest someone who insulted her but the DSS can’t arrest the people who stoned and burnt Deborah Samuel to death. Deborah’s killers are walking free in Sokoto state. Nigeria is a lawless country.”
@firstladyship: “Aisha Buhari did not spare Aminu because he is Arewa, she sent the DSS to arrest him. What we are fighting against are the old guards who are united. 2023 is a class war between the political class & ordinary Nigerians.”
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The presidential and National Assembly elections will hold on February 25, while the governorship and State House of Assembly polls will take place on March 11.
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Akande noted that over 600 cases had so far gone to court from just party primaries which were conducted by political parties without any interference from any external bodies.
The Federal Government has said it is monitoring developments around the change of ownership of micro-blogging platform, Twitter, following its takeover by a new owner — Elon Musk.
The Minister of Information, Alhaji Lai Mohammed, made the government’s position known at a news conference in Abuja on Thursday.
The Minister said the suspension of the platform last year was due to the penchant by some elements to use it to destabilise Nigeria via fake news, disinformation and hate speech.
Mohammed warned that the government does not intend to ban any media from performing its duties. But that it would also not allow any platform to be used to plunge the country into anarchy.
The minister said: “Many have called to ask us what will become of our agreement with Twitter in view of the change in its ownership.
“Many have asked for our reaction following reports that there has been a spike in fake news, disinformation and hate speech since the micro-blogging site changed ownership.
“Many have even asked us if another ban is in the offing?
“Let me say this: We are closely monitoring the evolving developments at Twitter. It has never been our intention to ban any social media platform or stifle free speech. Not at all.
“What happened in the case of Twitter is well known to all. Twitter became a platform of choice for those who want to destabilise Nigeria, using fake news, disinformation and hate speech.
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“No nation will allow any social media platform to plunge it into anarchy. Definitely not Nigeria.
“But we have continued to engage positively with the different social media platforms, including Facebook, Google (owners of YouTube) and Twitter.
“We have no intention of banning any social media platform again. But we will also not sit by and allow any platform whatsoever to throw our nation into crisis,” the minister said.
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Elon Musk says that Twitter will be permanently suspending verified users who impersonate other people, as a wave of accounts have changed their names to “Elon Musk” while making fun of the platform’s new owner.
“Going forward, any Twitter handles engaging in impersonation without clearly specifying “parody” will be permanently suspended,” Musk began. “Previously, we issued a warning before suspension, but now that we are rolling out widespread verification, there will be no warning. This will be clearly identified as a condition for signing up to Twitter Blue.”
Going forward, any Twitter handles engaging in impersonation without clearly specifying “parody” will be permanently suspended
He clarified: “Any name change at all will cause temporary loss of verified checkmark.”
Comedian Kathy Griffin is one of the most noteworthy names to have been suspended from the platform for impersonating Musk in recent days.
The move comes as Musk has faced backlash for his decision to charge $7.99 per month for a verification checkmark on the platform. He is also being criticized for having let go a massive chunk of Twitter’s workforce. The firings resulted in a class-action lawsuit that cites the federal Worker Adjustment and Retraining Notification Act. The law requires at least a 60 days notice prior to such massive layoffs.
After the lawsuit was filed, Bloomberg reports that the company is asking some of the fired employees to return to work.
“Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day,” Musk tweeted in defense of the move on Friday. “Everyone exited was offered 3 months of severance, which is 50% more than legally required.”
Any name change at all will cause temporary loss of verified checkmark
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According to Business Insider, Bluesky’s website stated that the new platform gives creators independence from platforms and developers and the freedom to design, allowing users to choose their experience.
Dorsey co-founded Twitter 17 years ago and briefly served as its CEO. He returned as CEO from 2015 to 2021 when he resigned.
Meanwhile, Bluesky has announced a number of job openings which include mobile application developer, react native expert, animation creator, and UI site manager.
President Recep Tayyip Erdoğan said he may negotiate with Twitter’s new boss Elon Musk to avoid paying the monthly $8 charge for the “verified” badge.
After buying Twitter for $44 billion last week, Musk said the company will charge $8 a month for its Blue service, which includes the sought-after blue check mark.
In an interview with Turkish broadcaster ATV on Wednesday, Erdoğan said he may speak to Musk and discuss the charge.
“It might be different for us,” Erdoğan said, when asked about the new charge for the blue check. “We could carry out some diplomacy with him as well,” he added jokingly.
A blue check mark next to a person’s user name on the social media platform means Twitter has confirmed that the account belongs to the person or company claiming it. Twitter is currently free for most users.
More than 80% of Twitter users who took part in a recent poll said they would not pay for the checkmark. Some 10% said they were willing to pay $5 a month.
Musk said on Tuesday subscribers with blue check marks would get priority in replies, mentions and search and would be able to post longer videos and audios. They would see half as many ads.
He also offered subscribers a paywall bypass from “publishers willing to work with us.”
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New Twitter head Elon Musk said Tuesday the site will charge $8 per month to verify users’ accounts, arguing the plan would upend the platform’s “current lords & peasants system” and create a new revenue stream for the company.
The announcement comes days after the world’s wealthiest man took sole control of the social media giant in a contentious $44 billion deal.
“Power to the people! Blue for $8/month,” he tweeted, in reference to the platform’s famous blue checkmark that signals a verified, authentic account.
The new plan’s pricing would be adjusted by country “proportionate to purchasing power parity,” Musk added in the replies to his original tweet, and would also include “priority” in replying to and searching posts, which he called “essential to defeat spam/scam.”
There would also be expanded video abilities, fewer ads, and the possibility for users to get a “paywall bypass for publishers willing to work with us,” he said.
“This will also give Twitter a revenue stream to reward content creators,” Musk tweeted.
In addition to offering verification privileges, the new program would take over the existing functions of Twitter Blue — currently available for $5 per month — which, for example, allows users to edit their tweets.
The SpaceX and Tesla chief floated the $8 subscription fee idea earlier Tuesday in a tweet reply to author Stephen King, who was complaining about reports that the verification service could cost $20 per month.
“We need to pay the bills somehow!” Musk responded.
“Twitter cannot rely entirely on advertisers. How about $8?”
The proposal is only one part of a series of sweeping changes the 51-year-old entrepreneur has implemented at Twitter, with the entire board, including CEO Parag Agrawal, let go last week.
The Washington Post has reported that Musk, whose account bio currently reads “Twitter Complaint Hotline Operator,” plans to fire some 75 percent of his new company’s 7,500 employees.
Musk’s previous comments condemning Twitter’s content moderation policies as heavy-handed — as well as his frequent posts of boundary-testing memes — has given pause to some advertisers, the company’s main source of revenue.
He tried to calm the nerves by reassuring that the site would not become a “free-for-all hellscape,” and announced the formation of a content moderation council.
AFP
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Elon Musk took control of Twitter and fired its top executives late Thursday in a deal that puts one of the leading platforms for global discourse in the hands of the world’s richest man.
Following the takeover, Musk tweeted that the “the bird is freed,” referencing the company’s iconic avian logo.
He wasted no time sacking chief executive Parag Agrawal, as well as the company’s chief financial officer and its head of safety, the Washington Post and CNBC reported citing unnamed sources.
Agrawal previously went to court to hold the Tesla chief to the terms of a deal he had tried to escape.
The takeover came hours before the court-appointed deadline for Musk to seal his on-again, off-again deal to purchase the social media network.
Musk tweeted earlier in the day that he was buying Twitter “because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner.”
Twitter did not immediately reply to a request for comment on the departure of its top executives, but the platform’s co-founder Biz Stone thanked the trio — Agrawal, Ned Segal and Vijaya Gadde — for their “collective contribution to Twitter.”
“Massive talents, all, and beautiful humans each.”
‘Chief Twit’ The closure of the deal marks the culmination of a long and drawn out back-and-forth between the billionaire and the social network.
Musk tried to step back from the Twitter deal soon after his unsolicited offer was accepted in April, and said in July he was canceling the contract because he was misled by Twitter over the number of fake “bot” accounts — allegations rejected by the company.
Twitter, in turn, sought to prove Musk was contriving excuses to walk away simply because he changed his mind.
After Musk sought to terminate the sale, Twitter filed a lawsuit to hold Musk to the agreement.
With a trial looming, the unpredictable billionaire capitulated and revived his takeover plan.
Musk signaled the deal was on track this week by changing his Twitter profile to “Chief Twit” and posting a video of himself walking into the company’s California headquarters carrying a sink.
“Let that sink in!” he quipped.
He even shared a picture of himself socializing at a coffee bar at Twitter headquarters earlier in the day Thursday.
Musk said during a recent Tesla earnings call that he was “excited” about the Twitter deal even though he and investors are “overpaying.”
Twitter free-for-all? Some employees who would prefer not to work for Musk have already left, said a worker who asked to remain anonymous in order to speak more freely.
“But a portion of people, including me, are willing to give him the benefit of the doubt for now,” the employee said.
The idea of Musk running Twitter has alarmed activists who fear a surge in harassment and misinformation, with Musk himself known for trolling other Twitter users.
But Musk said he realizes Twitter “cannot become a free-for-all hellscape where anything can be said with no consequences.”
Musk has vowed to dial content moderation back to a bare minimum, and is expected to clear the way for former US president Donald Trump to return to the platform.
The then-president was blocked due to concerns he would ignite more violence like the deadly attack on the Capitol in Washington to overturn his election loss.
Far-right users were quick to rejoice on the network, posting comments such as “masks don’t work” and other taunts, under the belief that moderation rules will now be relaxed.
“Free speech will always prevail,” tweeted Republican Senator Marsha Blackburn of Tennessee, prompting replies including “says the party that bans books.”
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It was announced on Sunday (October 23) that Lil Durk is officially off the hook in his 2019 shooting case, in which the Chicago-based rapper was facing five felonies. The huge legal victory comes thanks to his representation from attorney Nicole Moorman, who many Twitter users haven’t held back on sharing their thirsty thoughts about. Also Read: How My Houseboy Took Me To Cloud 9 – Housewife The charges the “Laugh Now Cry Later” hitmaker was up against included criminal attempt to commit murder, aggravated assault, unlawful for employed by/associated with a criminal street gang to conduct/participate in crime, possession of a firearm during commission of a felony, and possession of a firearm by a convicted felon.
In an official statement from Fulton County District Attorney, Fani Willis earlier this week, it was declared that “The facts of this case have been reviewed and, although it appears that probable cause existed for the defendant’s arrest, the decision of the District Attorney at this time is NOT TO PROSECUTE the above-named defendant(s) for charges arising… The reasons for this decision are as follows: Prosecutorial Discretion.” Also Read: I Need A Man Who Can Last 90 Minutes – Pretty Lady While celebrating on social media, Durk tagged a member of his legal team, @_kingcole_ whose follower account has significantly grown after the rapper’s fans have taken notes of her attractive appearance.
According to Moorman’s Instagram page, she bounces between Chicago and Atlanta, working mostly in Criminal Defense and Personal Injury.
She’s also been previously romantically linked to the late rapper, Trouble, who she shared a heartfelt tribute to on her page after his death just a few weeks ago.
“It really took me a few days to process this and I still don’t have the words,” the champion lawyer began. “You really ripped my fkn heart out with this one. Although we didn’t always see eye to eye, I would flip this whole world over to see that stupid grin bust through my front door yelling “Nik Nikkkk” one more time. Love you always Troub.”
Check out Twitter’s thirsty reaction to Nicole Moorman’s IG page below, and tap back in with HNHH later for more pop culture news updates.
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“Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform.
The reality, according to internal Twitter research seen by the Reuters news agency, goes far beyond the handful of examples of celebrities ghosting their own accounts. Twitter is struggling to keep its most active users – who are vital to the business – engaged, underscoring a challenge faced by the Tesla Inc chief executive as he approaches a deadline to close his $44bn deal to buy the company.
These “heavy tweeters” account for less than 10 percent of monthly overall users but generate 90 percent of all tweets and half of global revenue. Heavy tweeters have been in “absolute decline” since the pandemic began, a Twitter researcher wrote in an internal document titled “Where did the Tweeters Go?”
A “heavy tweeter” is defined as someone who logs in to Twitter six or seven days a week and tweets about three to four times a week, the document said.
The research also found a shift in interests over the past two years among Twitter’s most active English-speaking users that could make the platform less attractive to advertisers.
Cryptocurrency and “not safe for work” (NSFW) content, which includes nudity and pornography, are the highest-growing topics of interest among English-speaking heavy users, the report found.
At the same time, interest in news, sports and entertainment is waning among those users. Tweets on those topics, which have helped Twitter burnish an image as the world’s “digital town square,” as Musk once called it, are also the most desirable for advertisers.
Twitter declined to specify how many of its tweets are in English or how much money it makes from English speakers. But the demographic is important to Twitter’s business, some analysts say.
The platform earned more advertisement revenue from the United States alone than all other markets combined in its fourth quarter, according to its investor letter, and most advertisements in the US are likely targeting English-speaking users, said Jasmine Enberg, an analyst at Insider Intelligence.
Twitter’s study examined the number of heavy tweeters in English who displayed an interest in a topic, based on the accounts they followed, and how that number of users changed over the past two years.
Twitter was motivated to investigate “disturbing” trends among users that may have been masked by overall growth in daily active users and better understand the decline in the company’s most active users, the documents said. The study made no specific conclusions about why heavy users of the platform are declining.
“We regularly conduct research on a wide variety of trends, which evolve based on what’s happening in the world. Our overall audience has continued to grow, reaching 238 million mDAU in Q2 2022,” said a Twitter spokesperson on Monday when asked to comment on the internal documents’ findings, using an acronym for monetisable daily active users.
‘Not safe for work’ content The number of heavy users interested in NSFW and cryptocurrency content grew, the research found.
Twitter is one of the few leading social media platforms that permit nudity on their services, and the company has estimated that adult content constitutes 13 percent of Twitter, according to a separate internal slide presentation seen by Reuters. The presentation did not elaborate on how the figure was calculated.
Advertisers generally steer clear of controversy or nudity for fear of damaging their brands. Major advertisers, including Dyson, PBS Kids and Forbes, suspended advertising due to accounts that were soliciting child pornography on Twitter, Reuters reported in September.
In response to the September story, Twitter said it “has zero tolerance for child sexual exploitation” and was investing more resources into its work against such material.
Twitter’s most active English-speaking users were also increasingly interested in cryptocurrencies, reaching an all-time high in late 2021, the internal documents showed. But interest in the topic has declined since the crypto price crash in June, and the study noted cryptocurrencies may not be an area of growth in the future.
Current and former Twitter employees who spoke with Reuters said they feared Musk’s calls for less content moderation and his reported plans to gut the staff, which they said will exacerbate the deterioration of the quality of content.
‘Devastating’ losses Topics that have traditionally made Twitter a popular platform for its millions of users are now in decline among the most active English-speaking users, the documents show.
Interest in world news, as well as liberal politics, showed spikes during major events such as the attack on the US Capitol on January 6, 2021. But the categories have since lost the highest number of heavy Twitter users and have shown no signs of recovery, the report said.
Twitter is also losing a “devastating” percentage of heavy users who are interested in fashion or celebrities such as the Kardashian family. These users are likely decamping to rival platforms like Meta Platforms Inc’s Instagram and ByteDance’s TikTok, a Twitter researcher wrote.
The study also expressed surprise about the decline in interest in e-sports and online streaming personalities, which were previously growing quickly across Twitter. “The big communities are now in decline,” the report said.
“It seems as though there is a significant discrepancy between what I might imagine are our company values and our growth patterns,” one Twitter researcher wrote.
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A court of the Economic Community of West African States (ECOWAS) has declared the ban on Twitter in Nigeria by President Muhammadu Buhari unlawful.
The court, according to deputy director of Socio-Economic Rights and Accountability Project (SERAP) Kolawole Oluwadare, also ordered the Nigerian government led by Buhari not to repeat such.
Nigeria in July 2021 banned Twitter after a tweet by Buhari was deleted.
The tweet referenced the civil war experience where millions of people from the southeast were killed.
Nigeria thereafter declared the use of Twitter illegal and threatened to arrest and prosecute anyone using Twitter. The government also ordered all broadcast stations to suspend the patronage of Twitter.
But in the judgment delivered today, the ECOWAS court declared that it has the jurisdiction to hear the case and that the case was therefore admissible.
The court also held that the act of suspending the operation of Twitter is unlawful and inconsistent with the provisions of Article 9 of the African Charter on Human and Peoples’ Rights and Article 19 of the International Covenant on Civil and Political Rights both of which Nigeria is a state party.
“The Buhari administration in suspending the operations of Twitter violates the rights of SERAP and 176 concerned Nigerians to the enjoyment of freedom of expression, access to information and the media, as well as the right to fair hearing,” the court ruled.
The court also ordered the Buhari administration to take necessary steps to align its policies and other measures to give effect to the rights and freedoms, and to guarantee a non-repetition of the unlawful ban of Twitter.
The Court also ordered the Buhari administration to bear the costs of the proceedings and directed the Deputy Chief Registrar to assess the costs accordingly.
Reacting to the judgment, Femi Falana, SAN SERAP lawyer in the suit said, “We commend the ECOWAS Court for the landmark judgment in the case of SERAP v Federal Republic of Nigeria in which the Judges unanimously upheld the human rights of community citizens to freedom of expression, and access to information. Even though the Court had granted an interim order of injunction last year which restrained the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami SAN from prosecuting Nigerians who defied the Twitter ban, SERAP deserves special commendation for pursuing the matter to a logical conclusion.
“Freedom of expression is a fundamental human right and the full enjoyment of this right is central to achieving individual freedom and to developing democracy. It is not only the cornerstone of democracy, but indispensable to a thriving civil society.
“With the latest decision of the Court to declare the suspension of Twitter in Nigeria illegal it is hoped that the Heads of State and Governments of the member states of the Economic Community of West African States will henceforth respect and uphold the human right of community to freedom of expression guaranteed by Article 9 of the African Charter on Human and Peoples Rights.”
A federal judge in California has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, one of Musk’s supporters and Tesla.
In an order filed Thursday, Judge James Donato threw out the lawsuit by the investor, Aaron Greenspan, who runs a legal document website. Donato wrote that the lawsuit had failed to make plausible legal claims.
Donato had previously dismissed the case in June, but he offered Greenspan the opportunity to file another complaint on federal legal issues. The judge wrote that claims such as defamation that were made under California law would be taken up later as warranted. In Thursday’s order, Donato dismissed all of Greenspan’s case, which was originally filed in 2020.
Among other things, the lawsuit alleged that Omar Qazi, a Musk fan, defamed Greenspan in a series of tweets that made baseless accusations against him. Greenspan asserted that the tweets were part of a campaign of 80,000 coordinated tweets that praised Tesla and attacked critics.
Donato ruled that Greenspan failed to provide facts to support his allegations that Qazi acted as an agent of Tesla or Musk. Qazi had previously called the allegations “absurd,” and Tesla’s lawyers had disputed Greenspan’s allegations as conspiracy theories.
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In other legal news connected to Musk, a Delaware judge agreed Friday to expedite a Twitter shareholder lawsuit challenging his proposed buyout of the social media giant, while nevertheless saying she was “extremely skeptical” of the plaintiff’s claims.
In granting a motion to expedite requested by the Orlando Police Pension Fund, Chancellor Kathaleen St. Jude McCormick noted that the threshold for granting such a request was relatively low.
“While I’m skeptical of the plaintiff’s theories, and extremely skeptical at that, on a motion to expedite the strike zone is far larger for the plaintiff,” the judge said. “It’s like the strike zone applied when Little League players start pitching their own games.”
McCormick said the pension fund could pursue “extremely limited discovery” regarding its allegations that the deal must be delayed for at least three years under an anti-takeover provision in Delaware corporation law.
The judge nevertheless said she was “dubious” that the proposed Twitter buyout is the sort of deal the provision is intended to address. The provision prevents any shareholder who owns 15% or more of a company’s stock from buying out other shareholders for a period of three years after reaching the 15% threshold unless certain conditions are met. One such condition is approval of the deal by at least two-thirds of the outstanding voting stock not owned by that “interested stockholder.”
While Musk owned only about 9.6% of Twitter’s stock when the company’s board approved his proposed $44 billion acquisition, the complaint alleges that he is an interested stockholder because he had an “agreement, arrangement or understanding” with Morgan Stanley and Twitter co-founder and former CEO Jack Dorsey.
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The plaintiffs allege that Dorsey, who owns about 2.4% of Twitter’s stock, and Morgan Stanley, which owns about 8.8%, worked with and encouraged Musk to take the company private.
The defendants, who have filed a motion to dismiss the lawsuit, say there was no “meeting of the minds,” and that the notion that Musk is an interested stockholder under Delaware law is “wholly speculative and conclusory.”
They note, among other things, that the Morgan Stanley entity serving as Musk’s financial adviser, and a separate Morgan Stanley unit that has offered to help finance the buyout, are not among the entities that own Twitter stock. They also argue that Morgan Stanley Investment Management, which owns most of the Twitter shares in question, is a registered investment advisor prohibited from voting for a business transaction for any reason other than its clients’ best interests
An apparently emboldened Elon Musk has decided to flex his buying muscles further by joking about buying multinational beverage company, Coca-Cola on Thursday.
According to Forbes, the soft drink giant is valued at $286 billion, while boasting of assets worth $94.35 billion as compared to Musk’s net worth of $240.3 billion as of 2022.
“Next, I’m buying Coca-Cola to put the cocaine back in,” Musk tweeted in reference to the 1886 discontinued recipe for adding cocaine and kola nuts to give the drink its stimulative effect.
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However, many experts have speculated that this shouldn’t be taken as a bluff as the South African has a notoriety for buying things he has joked about.
He had made a joke in 2017 about acquiring Twitter in 2017 in a conversation on the platform with comedian Dave Smith.
Next I’m buying Coca-Cola to put the cocaine back in
Twitter on Monday struck a deal with the 50 -year-old to buy the company for $44 billion, capping a saga complete with hostile takeover threats before delivering him personal control
Musk had cited reasons of trust and free speech as a motivational factors for the takeover.
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“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement released by Twitter.
“I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots and authenticating all humans.”
The publicly traded firm will now become a private company owned by Musk, who negotiated a purchase price of $54.20 per share
Twitter’s new buyer Elon Musk still must have his tweets about his electric car company Tesla pre-approved after a US judge on Wednesday rejected an appeal to free him from oversight.
Musk last month filed a motion to overturn Securities and Exchange Commission (SEC) restrictions imposed following his 2018 tweet, in which he said he had acquired funding to take Tesla private, but did not provide proof or file paperwork with the securities regulator.
The tweet, which caused share prices to fluctuate wildly, was ruled to be “false and misleading” and shareholders have accused Tesla of securities fraud.
The SEC also charged Musk with fraud and ordered him to step down as chair of Tesla’s board of directors, pay a $20 million fine and, after another unfortunate tweet in early 2019, demanded his tweets directly related to business of the company be pre-approved by a competent lawyer.
Musk said he was forced to agree to the deal, and denies lying to shareholders.
However, “Musk’s claim that he was the victim of economic duress is wholly unpersuasive,” Judge Lewis Liman wrote in his ruling.
The judge said Musk’s argument that the SEC has used the agreement “to harass him” and investigate his speech is “meritless” and “particularly ironic,” since free speech rights do not allow him to make statements that are “considered fraudulent” or violate securities laws.
“Musk cannot now seek to retract the agreement he knowingly and willingly entered by simply bemoaning that he felt like he had to agree to it at the time but now — once the specter of the litigation is a distant memory and his company has become, in his estimation, all but invincible — wishes that he had not.”
The judge also rejected Musk’s request to quash part of the SEC’s demand for documents about his November 6, 2021 tweet calling for followers to vote on whether he should sell 10 percent of his Tesla stock.
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The tweet sent the company’s share price lower, and the SEC wants to know if it was approved as required. The agency also is investigating possible insider trading after Musk’s brother — a Tesla board member — sold $108 million in the car-maker’s stock a day before the poll.
Musk’s headline-grabbing deal to buy Twitter comes with a clause specifying that he is free to tweet about the pending $44 billion merger provided his posts “do not disparage the company or any of its representatives,” a copy filed with US regulators shows.
That did not stop Musk on Wednesday from tweeting his displeasure with content moderation moves made by Twitter’s top attorney Vijaya Gadde who is seen as a moral champion of the platform.
Musk additionally tweeted a meme critical of Gadde
Tesla CEO Elon Musk has bought micro blogging platform Twitter, after a Sunday meeting with representatives of both companies that lasted into the early hours of Monday morning.
Mr Musk had secured $46.5 billion for the takeover and proposed $54.20 per share, causing Twitter 11 board members to backtrack on their initial position to fight off the acquisition and re-examine the bid.
The company’s stock increased by four per cent on Monday as a result of heightened speculations regarding the takeover.
However, after several hours of deliberations on the matter, an agreement has been reached to sell off the micro blogging platform to Mr Musk, who is currently its biggest shareholder as he recently bought over 73 million shares.
The company’s second-biggest shareholder is The Vanguard Group Inc., owning an 8.39 per cent and Morgan Stanley owning a 8.08 per cent stake.
The takeover comes amid skepticism from another Twitter shareholder and
Saudi Arabian billionaire Al Waleed bin Talal Al Saud who rejected Mr Musk’s offer to buy out the social media company.
“I don’t believe that the proposed offer by Elon Musk ($54.20) comes close to the intrinsic value of Twitter given its growth prospects. Being one of the largest & long-term shareholders of Twitter, Kingdom Holding Company & I reject this offer,” Mr Al Saud said in a tweet on Thursday.
The Tesla CEO has often criticised Twitter’s policies over targeted misinformation, calls for violence, harassment and conspiracy theories. He has often been accused of manipulating the markets using his tweets.
Vanguard Group has displaced the richest man in the world, Elon Musk as the largest shareholder for Twitter.
On Thursday April 14, Vanguard Group increased its stake of 8.4 percent (67.2 million shares) in Twitter to 10.3 percent (82.4 million shares), according to documents sent to the U.S. Securities and Exchange Commission (SEC) on April 8.
This is higher than the 9.1 percent (73.1 million shares) stake Musk bought on March 14, with Vanguard Group’s total investment value worth $3.71 billion, against Musk’s $3.29 billion, when their stake is pegged to Twitter’s market share value.
The investment has set the stage for an ownership battle between the institutional investor and individual investor, considering Musk had launched a bid to buy Twitter.
Musk is still the largest individual shareholder, and Twitter co-founder Jack Dorsey is the second largest, but he said on Thursday that he is “not sure” whether his takeover bid will be successful, hours after making the offer. “I am not sure that I will actually be able to acquire it,” the billionaire said on Thursday at a TED event in Vancouver.
Vanguard Group is one of eight institutional investors in the top ten largest shareholders in Twitter, while Musk and the microblogging site founder, Jack Dorsey, are the only two individual investors in the rank.
The move by Vanguard Group is seen as a dig at Musk’s aspiration to become the sole owner of Twitter, and would cost the billionaire the support of the now largest stakeholder in his bid to exit the firm from the public market, which the billionaire says will affect the potential of the social media platform.
Musk had offered to buy Twitter for $54.20 per share, against the current price of Thursday, $45.08. He threatened to take out his $3.71 billion in the firm if his offer is rejected. His exit could tank the value of Twitter’s share, considering the influence he has in the U.S capital market.
The Chief Executive Officer of Tesla, Elon Musk, has offered to buy micro-blogging and social media platform, Twitter, for $43 billion.
Musk announced the offer in a filing with the U.S. Securities and Exchange Commission on Thursday.
The billionaire will offer 54.20 per share in cash, representing a 54% premium over the January 28 closing price and a value of about $43 billion.
In a letter to Twitter’s board, Musk said he believes Twitter “will neither thrive nor serve [its free speech] societal imperative in its current form. Twitter needs to be transformed as a private company.”
Musk had first disclosed a stake of about 9% on April 4.
On March 24, the 50-year-old ran a poll asking whether or not Twitter’s algorithm should be open source.
Musk later asked whether or not Twitter rigorously adheres to the principle of free speech.
After the majority replied ‘no’, Musk asked whether a new networking site was needed, disclosing he was considering starting his own
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Elon Musk has threatened to withdraw his shareholder position in Twitter if the board doesn’t accept his offer to acquire 100% of the microblogging site, as he plans to take it private.
Musk had purchased 9.2% of Twitter stake to become the largest shareholder in the company in March, but the acquisition was made public in April, opening the door for the billionaire to join the board.
He had been given a condition that would see him unable to acquire the firm completely if he joins the board, leading to the Tesla chairman rejecting the board seat – this decision has now birthed other events.
On Thursday, Musk’s letter to the U.S securities was circulated, which states that he is interested in taking Twitter private by offering to buy the public firm’s stock for $54.20 per share, 18.2% above the current market value of $45.85.
The billionaire told Twitter chairman, Bret Taylor, in the letter, that he invested in Twitter because of its crucial role in democracy, and he’s eager to unlock the potential of the social media platform.
“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced.” the letter reads.
Dangling his stake before the chairman, Musk threatened that he would reconsider his investment in the firm if his buyout offer is rejected, “My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.”
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Global Economy, Politics, Business, Education, Multiculturalism, Geopolitical Rise — we bring you the stories that matter.
Elon Musk has threatened to withdraw his shareholder position in Twitter if the board doesn’t accept his offer to acquire 100% of the microblogging site, as he plans to take it private.
Musk had purchased 9.2% of Twitter stake to become the largest shareholder in the company in March, but the acquisition was made public in April, opening the door for the billionaire to join the board.
He had been given a condition that would see him unable to acquire the firm completely if he joins the board, leading to the Tesla chairman rejecting the board seat – this decision has now birthed other events.
On Thursday, Musk’s letter to the U.S securities was circulated, which states that he is interested in taking Twitter private by offering to buy the public firm’s stock for $54.20 per share, 18.2% above the current market value of $45.85.
The billionaire told Twitter chairman, Bret Taylor, in the letter, that he invested in Twitter because of its crucial role in democracy, and he’s eager to unlock the potential of the social media platform.
“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced.” the letter reads.
Dangling his stake before the chairman, Musk threatened that he would reconsider his investment in the firm if his buyout offer is rejected, “My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.”
— Sign Up For 𝕹𝖔𝖇𝖑𝖊 𝕽𝖊𝖕𝖔𝖗𝖙𝖊𝖗𝖘 𝕸𝖊𝖉𝖎𝖆 —
Global Coverage Newsletter
Global Economy, Politics, Business, Education, Multiculturalism, Geopolitical Rise — we bring you the stories that matter.