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Elon Musk takes control of Twitter

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Elon Musk takes control of Twitter, fires top executives

It’s official, Elon Musk has taken control of Twitter, as the $44bn deal is finalised.

Twitter’s CEO and CFO were immediately fired and “escorted out” of the building when Musk took the reigns.

In a sensational post to Twitter, Billionaire Elon Musk claimed he was acquiring the social network for the good of humanity.

Musk also used the post to reassure advertisers that Twitter will remain a safe place for their brands.

“Fundamentally, Twitter aspires to be the most respected advertising platform in the world that strengthens your brand and grows your enterprise,” he said. “Advertising, when done right, can delight, entertain and inform you.”

He said the reason he acquired Twitter is “because it is important to the future of civilisation to have a common digital town square. Where a wide range of beliefs can be debated in a healthy manner, without resorting to violence. “There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society.”

Adding, “That is why I bought Twitter. I didn’t do it because it would be easy. I did it to try to help humanity, whom I love.”

Musk said Twitter should be a platform that is “warm and welcoming to all, where you can choose your desired experience according to your preferences.”

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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