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Musk's $44 billion Twitter buyout challenged in shareholder lawsuit
ORLANDO — Elon Musk were sued by a Florida pension fund seeking to stop Musk from completing his $44 billion takeover of the social media company before 2025.In a proposed class action filed in Delaware Chancery Court, the Orlando Police Pension Fund said Delaware law forbade a quick merger because Musk had agreements with other big Twitter shareholders, including his financial adviser Morgan Stanley (and Twitter founder Jack Dorsey, to support the buyout.The fund said those agreements made Musk, who owns 9.6% of Twitter, the effective "owner" of more than 15% of the company's shares.It said that required delaying the merger by three years unless two-thirds of shares not "owned" by him granted approval.Morgan Stanley owns about 8.8% of Twitter shares and Dorsey...
May 08, 2022

Musk's $44 billion Twitter buyout challenged in shareholder lawsuit

Prince Alwaleed says Musk will be 'excellent leader' for Twitter
JEDDAH — Saudi investor Prince Alwaleed bin Talal said on Thursday billionaire entrepreneur Elon Musk will be an "excellent leader" for Twitter, as he agreed to roll his $1.89 billion stake into the deal rather than cashing out.Prince Alwaleed had on April 14 opposed the buyout bid, saying the price offered by Elon Musk, the world's richest person, did not come close to the intrinsic value of Twitter given its growth prospects.But on Thursday he said in a tweet it was great to connect with his "new friend" Musk."I believe you will be an excellent leader for Twitter to propel and maximise its great potential," Alwaleed said in the tweet responding to Kingdom Holding and Musk."Kingdom Holding Company and I look forward to roll our ~$1.9 bn in the...
May 05, 2022

Prince Alwaleed says Musk will be 'excellent leader' for Twitter

Musk says Twitter may charge slight fee for commercial, government users
Musk says Twitter may charge slight fee for commercial, government users NEW YORK — Elon Musk said on Tuesday Twitter might charge a "slight" fee for commercial and government users, part of the billionaire entrepreneur's push to grow revenue which has lagged behind larger rivals like Meta Platforms Inc's (FB.O) Facebook."Twitter will always be free for casual users, but maybe a slight cost for commercial/government users," Musk said in a tweet. "Some revenue is better than none!" he added in another tweet.Last week, Reuters reported that Musk told banks he would develop new ways to monetize tweets and crack down on executive pay to slash costs at the social media platform company.Musk also told the banks he planned to develop features to grow...
May 04, 2022

Musk says Twitter may charge slight fee for commercial, government users

Olivia Wilde
Olivia Wilde: Actress given custody papers on stage
LAS VEGAS — Actor and director Olivia Wilde was seemingly unruffled after being handed child custody documents while appearing on stage at an event in Las Vegas.She was delivering a presentation on Tuesday when a brown envelope was handed to her.Opening it, she discovered it contained custody papers from her former partner Jason Sudeikis.Sudeikis had no prior knowledge of the circumstances of the letter's delivery, sources close to him said.Wilde is best known for directing the US high school teen film Booksmart and for her role as Remy 'Thirteen' Hadley in the medical-drama House.She met Sudeikis — best known for the comedy series Ted Lasso — in 2011. They were engaged and had two children together before separating in 2020.Wilde was interrupted while introducing footage...
April 28, 2022

Olivia Wilde: Actress given custody papers on stage

What Musk’s past tweets reveal about Twitter’s next owner
PROVIDENCE — Three days before Elon Musk agreed to buy Twitter, the world’s richest man tweeted a photo of Bill Gates and used a crude sexual term to make fun of his belly.Playful, aggressive and often juvenile, Musk’s past tweets show how he has used social media to craft his public image as a brash billionaire unafraid to offend.They may also reveal clues as to how Musk will govern the platform he hopes to own.“Look at the feed: It’s all over the place. It’s erratic. At times it’s pretty extreme,” said Jennifer Grygiel, a Syracuse University professor who studies social media and who recently assigned Musk’s tweets as reading material for their students.“It paints him as some sort of rebel leader who will take control of the public square to save it. That is a myth he...
April 27, 2022

What Musk’s past tweets reveal about Twitter’s next owner

Alec Baldwin rehearses with a gun before the fatal shooting.
Alec Baldwin: Police release footage from set of Rust shooting
SANTA FE, New Mexico — Police have released footage from the set of the film Rust, including of the aftermath of the fatal shooting of a cinematographer by actor Alec Baldwin.Santa Fe Sheriff Adan Mendoza also released crime scene photos and witness interviews, including Baldwin's.But police said a decision on whether to file criminal charges will depend on the outcome of future forensic work.Halyna Hutchins, 42, was shot by Mr Baldwin while he rehearsed with what he believed to be a safe gun.The actor, who was also a producer on the film, previously said he did not pull the trigger and had no idea how a live bullet came to be on the set near Santa Fe in the US state of New Mexico.In videos released on Monday, police and medics can be seen racing to the scene, and bodycam footage...
April 26, 2022

Alec Baldwin: Police release footage from set of Rust shooting

Twitter bans ads that contradict science on climate change
WASHINGTON — Twitter said it will no longer allow advertisers on its site who deny the scientific consensus on climate change, echoing a policy already in place at Google. “Ads shouldn’t detract from important conversations about the climate crisis,” the company said in a statement outlining its new policy Friday. There was no indication that the change would affect what users post on the social media site, which along with Facebook has been targeted by groups seeking to promote misleading claims about climate change. The announcement coinciding with Earth Day came hours before the European Union agreed upon a deal requiring big tech companies to vet their sites more closely for hate speech, disinformation and other harmful content. — Agencies
April 23, 2022

Twitter bans ads that contradict science on climate change

A scan showing bone cancer.
Cancer: Huge DNA analysis uncovers new clues
LONDON — UK scientists have undertaken a huge "archaeological dig" of cancer in the UK, analyzing the complete genetic make-up – or whole genome sequence – of tumors from about 12,000 patients.The team says the unprecedented amount of data allowed them to uncover new patterns in the DNA of cancer – hinting at causes that are not yet understood.They add that the genetic clues will ultimately help improve diagnosis and treatment.The research is published in Science.Cancer can be thought of as a corrupted version of our own healthy cells - mutations to our DNA change our cells until eventually they grow and divide uncontrollably.Traditionally many cancers have been categorized by doctors based on where they are in the body and the type of cells involved - but whole genome...
April 22, 2022

Cancer: Huge DNA analysis uncovers new clues

Urine bugs may be a sign of aggressive prostate cancer
LONDON — Scientists say they have identified urine bacteria which are linked to aggressive prostate cancer.The discovery might provide new ways to spot and even prevent these dangerous tumors, experts hope.It's too soon to say if the bacteria might cause the cancer, rather than just be a helpful marker.The University of East Anglia team which found the link plan more work to see if clearing the infection with antibiotics might prevent bad tumours.Bacterial infection is known to play a part in the development of other cancers - a bug called H. pylori can trigger stomach cancer, for example, and a course of antibiotics can get rid of this risk.Prostate cancer is not always life-threatening - some tumors grow too slowly to ever cause any problems, and can safely be left alone and simply...
April 20, 2022

Urine bugs may be a sign of aggressive prostate cancer

Young girl sitting on a hospital bed with a teddy bear next to her.
Unexplained hepatitis cases detected in children in Europe, US
GENEVA — Health officials say they are now investigating unexplained cases of hepatitis in children in four European countries and the US.Cases of hepatitis, or liver inflammation, have been reported in Denmark, Ireland, the Netherlands, Spain and the US, health officials say.Last week UK health authorities said they had detected higher than usual cases of the infection among children.The cause of the infections is not yet known.The European Center for Disease Control (ECDC) did not specify how many cases have been found in the four European countries in total.But the World Health Organization (WHO) said less than five had been found in Ireland, and three had been found in Spain. It added that the detection of more cases in the coming days was likely.Investigations into the cause of the...
April 20, 2022

Unexplained hepatitis cases detected in children in Europe, US

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