How Elon Musk’s Twitter Takeover Plans Shook Wall Street And Social Media

Elon Musk is known for using Twitter to hype everything from colonizing Mars to Tesla’s autopilot features. Now, he’s attempting to buy the underperforming social media network for $44 billion. The deal faces several obstacles, though. Musk now wants Twitter can prove a certain number of its users aren’t bots, and there’s the risk that the deal’s financing scheme falls apart. Here’s how Musk’s bid for Twitter came together, how the social media company could change under his watch, and how the deal could still fall through.

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How Elon Musk’s Twitter Takeover Plans Shook Wall Street And Social Media

Twitter founder Jack Dorsey blasts the social media company’s board

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Yahoo Finance Live’s Julie Hyman and Brian Sozzi discuss Twitter founder Jack Dorsey’s take on the company’s board of directors.
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Vitalik Buterin Explains How 1 Ethereum Could Reach OVER $15,000 PER COIN! +Bitcoin 100k Prediction

Vitalik Buterin Explains How 1 Ethereum Could Reach OVER $15,000 PER COIN! +Bitcoin 100k Prediction 🚀🚀🚀

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Timestamp:
10 min – Ethereum to take gold’s 9 Trillion Market Cap
20 min – 500k per bitcoin EXPLAINED!

50 min – 500k is the CONSERVATIVE bet.

55 min – SPECIAL EVENT FOR CRYPTO HOLDERS

1h – Checking the moon math for bitcoin.
2h – Ethereum prediction… how high?
3h – What did he just say?
3h – Checking the moon math for ethereum.
4h – Final takeaway!

**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin.

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!

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Social media companies have effectively become utilities: Greycroft’s Alan Patricof

Alan Patricof, co-founder and chairman of venture capital firm Greycroft, joined “Squawk Box” on Monday to discuss why he feels social media companies should be regulated, especially when it comes to user data. Subscribe to CNBC PRO for access to investor and analyst insights on media and more: https://cnb.cx/3dIH56N

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US is looking at banning TikTok and other Chinese social media apps: Secretary Pompeo

Yahoo Finance’s Dan Howley reports on the latest news on The United States looking at banning Chinese social media apps over concerns user data from the US being exposed to the Chinese army.
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Cramer: Trump executive order the beginning of social media regulation

CNBC’s Jim Cramer and the “Squawk on the Street” crew discuss the implications for President Trump’s draft executive order meant to increase regulation on social media companies.

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Social media takes sides: Snap will stop promoting Donald Trump account

CNBC’s Julia Boorstin on Snap’s slide after it announced it would stop promoting President Trump’s account. With CNBC’s Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Steve Grasso.

Snap announced Wednesday it will no longer promote President Trump’s content within Snapchat’s Discover feature.

Snap shares were down more than 2% after the announcement.

“We will not amplify voices who incite racial violence and injustice by giving them free promotion on Discover,” the company said in a statement.

“Racial violence and injustice have no place in our society and we stand together with all who seek peace, love, equality, and justice in America.”

Snap’s decision comes a week after Trump took to Twitter and Facebook to address riots in the aftermath of the death of George Floyd, saying that “when the looting starts, the shooting starts.”

“We simply cannot promote accounts in America that are linked to people who incite racial violence, whether they do so on or off our platform,” CEO Evan Spiegel said in a memo.

Trump’s exclusion from Discover, however, does not entirely remove him from Snapchat. The president’s account remains live and public, meaning users who want to follow Trump can still do so and will still see his posts.

Snap’s decision to remove Trump from Discover follows Twitter, which last week began to moderate the president by fact-checking his tweets. Twitter also flagged Trump’s tweet about looting leading to shooting, saying it breached Twitter’s policies on “glorifying violence.” In contrast, Facebook has not done anything to moderate Trump.

Trump has denied that he was intending to incite violence.

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President Trump cracks down on social media

President Trump will sign an executive order on Thursday, cracking down on social media platforms Facebook and Twitter. FCC Commissioner Brendan Carr joins Yahoo Finance’s On The Move to discuss.
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President Trump signs social media executive order

President Trump signs an executive order to address his concerns about social media.

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