Twitter- Elon Musk newest information: Remaining date agreed for Twitter takeover as Tesla inventory drops and he tweets critics

Former US president Donald Trump’s social media platform Fact Social was probably the most downloaded free iPhone app within the App Retailer on Tuesday following Tesla chief Elon Musk’s deal to purchase Twitter for $44bn.

Fact Social downloads have reportedly risen to 75,000 for the week of 18 to 25 April.

The relative positions within the obtain charts of Fact Social and Twitter have been famous in a tweet by Musk himself, who introduced the knowledge with out additional remark late on Tuesday:

The determine for Fact Social downloads is up 150 per cent from the week earlier than, in line with information from Sensor Tower, an organization that screens cell apps metrics.

This spike in Fact Social downloads comes after reviews that downloads had fallen after a messy launch of the platform.

The previous US president’s app has been downloaded roughly 1.4 million occasions to this point since its launch in February.

ICYMI: Man who taught himself computing at age of 10 could now sit at unprecedented nexus of energy and affect, writes Andrew Buncombe.

Following the announcement that Tesla chief Elon Musk would purchase out Twitter, a number of high-profile accounts together with that of former president Barack Obama, and singers Katy Perry and Taylor Swift noticed a drop in followers by lots of of 1000’s.

The social media firm has now confirmed that these account closures have been largely “natural” and never from the automated deactivation of bots and faux accounts.

“Whereas we proceed to take motion on accounts that violate our spam coverage which might have an effect on follower counts, these fluctuations seem to largely be a results of a rise in new account creation and deactivation,” Twitter stated in an announcement.

One particular person frightened of what a Musk-ruled Twitter will appear to be is Jack Sweeney, the teenage coder behind the Twitter bot @ElonJet, an account that tracks the actions of the Tesla titan’s personal jet escapades.

Talking to Insider following Monday’s announcement of the San Francisco-based platform’s sale to Mr Musk, the Florida native and college freshman informed the outlet that he was uncertain if the SpaceX founder will permit him to maintain the bot account alive.

“​​It’s exhausting to suppose that he wouldn’t do one thing,” Mr Sweeney informed Insider.

Mr Sweeney’s considerations are seemingly merited, significantly within the gentle of what occurred final fall between the teenager and the brand new Twitter proprietor.

In November 2021, Mr Musk reportedly reached out to Mr Sweeney and provided the coder $5,000 to close down the jet monitoring account, arguing that there have been safety considerations with the knowledge being shared publicly.

ICYMI: A deal for the world’s wealthiest particular person to buy social media firm Twitter for $44bn has raised alarms over the focus of billionaire energy throughout social media platforms and the way they are going to be used to form each public coverage and the financial pursuits of the individuals operating them.

Elon Musk’s huge buy has additionally revived calls from members of Congress and different critics to demand that US billionaires pay greater taxes, whereas questioning Mr Musk’s public and self pursuits in spending that a lot cash to regulate the platform.

Alex Woodward has all the small print.

ICYMI: Whereas some Republicans took to publicly cheering Elon Musk’s $44bn buy of Twitter as a significant victory without cost speech, there have been some who seen it with trepidation, in line with reviews.

For a collection of high GOP insiders informed Politico Playbook of their grave considerations in regards to the new Musk-led Twitter turning into a haven to welcome again beforehand banned accounts, specifically Donald Trump.

Johanna Chisholm has the story.

When Elon Musk lastly closes his $44bn deal for Twitter this 12 months he’ll joint ranks of media moguls, that embrace his rival for title of world’s richest particular person, Amazon’s Jeff Bezos.

The Twitter board lastly accepted the Tesla boss’s $54.20 per share money provide for the platform on Monday after intense negotiations, each private and non-private, and it now needs to be ratified by its shareholders.

Elon Musk has been given the inexperienced gentle to take over Twitter after the corporate’s board accepted his money bid that will worth it at round $44bn.

Twitter nonetheless stays a publicly-traded firm on the New York Inventory Change and can stay so till the platform is “delisted.”

Republican Senator Susan Collins of Maine informed Huffpost that former president Donald Trump must be allowed to have his Twitter account again.

The remarks come as Tesla magnate Elon Musk introduced that he would purchase the platform. Many conservatives have expressed hope the sale would imply that the previous president would return to the social media platform.

A brand new SEC submitting by Twitter reveals that the corporate will merge with two of Mr Musk’s ‘X Holdings’ corporations later this 12 months after the corporate agreed to promote itself for $44bn.