The Twitter deal with Elon Musk has employees wondering whether they should stay or leave

Most Twitter employees were listening to an hour-long presentation on the social network’s 2023 strategy when word first spread Tuesday morning that Elon Musk was once again interested in buying Twitter Inc. for $44 billion. Internal presenters from the revenue and product teams did not formally address the development or even acknowledge that Musk had rejoined.

They didn’t have to because staff members were closely monitoring the latest development in the saga that has overshadowed their professional lives since April, when the billionaire CEO of Tesla Inc. first agreed to buy the social network for $54.20 per share.

Tweeps, as Twitter’s employees are known, jumped in and shared their thoughts right away on Tuesday morning. One employee’s meme account frequently made fun of people who were just trying to make it through the day without crying. Someone is sick of being humiliated in court, according to a former coworker’s letter.

Even Twitter’s cafeteria sound system in the city’s headquarters joined in. According to a worker, it was playing the Clash song “Should I Stay or Should I Go?”

Many Twitter employees are wondering this now that it seems more likely that Musk will acquire the business. Musk has been trying to violate the agreement for the past three months, disparaging Twitter and its executives and creating confusion and instability at the San Francisco-based company while the two sides are engaged in an expensive legal battle. The board of Twitter understandably supports a sale at $54.20 per share, but many employees have dreaded the idea.

FAQ

  • What was the presentation?

Ans. It was on the social networks 2023 strategy 

  • At what price, Elon Musk wanted to buy Twitter?

Ans. $44 billion 

  • When was that meeting took place?

Ans. On Tuesday 

 

Iranian demonstrations: A paramilitary speaker is booed by the students

In a recent online video, schoolgirls are allegedly seen jeering at a member of Iran’s dreaded Basij paramilitary force after widespread anti-government protests reached the classroom.

When the man asked to speak to them, the teenagers waved their burqas in the air and yelled, “Get lost, Basiji.”

Although the BBC was unable to confirm it, it was reportedly shot in Shiraz on Tuesday.

The Basij’s assistance was instrumental in quelling the demonstrations that were sparked by the death of a young woman while in custody.

In other social media videos, a man can be heard shouting “death to the dictator” as a group of girls cross the street in the northwest city of Sanandaj, and an elderly woman can be seen clapping as schoolgirls in skimpy clothing chant “freedom, freedom, freedom” in a public demonstration.

Iran’s minister of education, Yousef Nouri, asserted on Wednesday that schools were being attacked by the “enemy.”

Mohammad Jafar Montazeri, the prosecutor general, said that because the young Iranians have been “trapped” by the internet, authorities must be prepared to handle their protests.

The two men were speaking as Iran’s Human Rights Activists News Agency (Harana) shared a video that appeared to show uniformed and plainclothes security personnel pushing a group of schoolgirl protesters in Tehran’s main square.

Another video, which appears to have been shot in the nearby city of Karaj, depicts schoolgirls screaming and running away from a man riding a motorcycle along a pavement while wearing plain clothes and is thought to be a member of the security forces. The man is also thought to be the one in the other video.

 

FAQ

 

  • What did school girls say to the man in the classroom?

Ans. They waved their headscarves in the air and shouted, “Get lost, Basiji.” 

 

  • Where the school girls are in the street for anti-government protests?

Ans. Sanandaj, a northwest city. 

 

  • Who is Iran’s minister of education?

Ans. Yousef Nouri. 

Confidence Man: Major Donald Trump revelations from the new book

The eagerly awaited Confidence Man by New York Times journalist Maggie Haberman, out on Tuesday, contains these shocking specifics in addition to many others.

From his days as a businessman in New York to his post-presidential life, Mr. Trump is followed in this book. More than 200 sources were interviewed for this report, including former aides and Mr. Trump himself three times.

 

The former president criticized Haberman, claiming that the book contains “many made-up stories with zero fact-checking” on his social media platform.

Ivanka Trump and Jared Kushner, both senior White House aides, were on the verge of resigning during a meeting with then-Chief of Staff John Kelly and then-White House counsel Don McGahn, according to Haberman.

 

Mr. Kelly intervened and told him not to send the tweet until he had spoken with Ivanka and Mr. Kushner. They both remained White House aides until the end of Mr. Trump’s presidency, but they never had a conversation with each other.

Additionally, the book reveals that Mr. Trump frequently denigrated his son-in-law, saying once that Jared Kushner “sounds like a child” after hearing him deliver a speech in public in 2017.

 

According to Haberman, Mr. Trump repeatedly brought up the idea of bombing Mexican drug labs, which astounded former US Defense Secretary Mark Esper.

The concept came from a discussion Mr. Trump had with Brett Giroir, an admiral in the US Public Health Service Commissioned Corps and a public health officer.

 

FAQ

  • What is the name of the Journalist?

Ans. Maggie Haberman

  • When ared Kushner delivers the speech?

Ans. 2017 

  • Who is the former US Defense Secretary?

Ans. Mark Esper

Reasons why Prosus canceled the $4.7 billion PayU-BillDesk transaction

The $4.7 billion acquisition of online payments gateway company BillDesk by the Dutch-listed company’s Indian subsidiary PayU Payments has been canceled by Proses, the investment arm of South African multinational Naspers.

 

According to people in the know who spoke to ET, the “abrupt move” that was announced on Monday was largely brought on by the ongoing global market correction that made the transaction from a year ago “over-priced.”

The company’s decision to terminate the agreement comes just one month after India’s anti-trust watchdog, the Competition Commission of India (CCI), approved the general terms of the August 2021 deal.

After Walmart’s $16 billion acquisition of a majority stake in online retailer Flipkart in 2018, this ends what would have been the second-largest buyout of an Indian digital technology startup.

“Specific conditions precedent were not satisfied by the September 30, 2022 long stop date, causing the agreement to be automatically terminated,” wrote Prosus’ head of investor relations, Eoin Ryan, in a note that was posted on the company’s website. He didn’t speak further about these issues.

Top business executives keeping tabs on the deal’s development believe that the BillDesk-PayU deal’s pricing is under extreme pressure as a result of the recent sharp decline in the value of major US payments firms, which can range from 50 to 70%. When ET questioned Proses and MN Srinivasu about the de’s termination, neither party responded.

FAQ

  • How much transaction amount get canceled?

Ans.  $4.7 billion

  • What is the name of the payment company?

Ans. BillDesk

  • What is the full form of CCI?

Ans. Competition Commission of India 

 

Dream, a well-known Minecraft YouTuber, reveals his face

For years, Dream, a well-liked YouTuber, was only known to his followers as a smiley-face cartoon character.

The online Minecraft gamer, who has 30 million subscribers, never moves a mouse during streams, though he does occasionally show up on camera wearing a mask.

But everything appeared set to change after his friends—as well as other YouTubers—posted videos in which they appeared to be responding to Dream without his mask.

 

Then he uploaded a video in which his face was first seen.

The most popular Dream videos, including one that has received more than 115 million views, have tens of millions of views and are both about the best-selling video game in the world, Minecraft.

In a five-minute video that has received more than 12 million views, he introduced himself as “Clay, also known as Dream.”

He wanted to be able to go out more after a friend moved to the US, where Dream is based, without worrying about leaks or rumors, he said.

 

Dream confessed, “I’ve been bunkered up.” It’s a little bit excessive that people are attempting to reveal my face and learn how I look.

He claimed that while his face wouldn’t appear in his Minecraft videos, he might start working with his friends to create “IRL content” (content filmed in real life).

The dream showed his face to a few select people in the days prior to his public debut, asking them to share their responses online.

One person commented that Dream “looks like a baseball player,” Karl Jacobs, who claimed to be one of Dream’s closest friends.

 

FAQ

 

  • Who showed his face?

Ans. smiley-face cartoon character

 

  • How many subscribers does he have?

Ans. 30 million subscribers

 

  • How many views does his most popular video have?

Ans. 115 million views