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UK invites Elon Musk to explain goals of Twitter takeover

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Musk invited to Britain’s parliament to explain what he plans to do with Twitter

Many of us are continuing to wonder what Elon Musk will do once he officially takes over Twitter.

UK MPs have invited Musk to British parliament so they can quiz him about his planned purchase.

The UK Parliament is curious to understand how the billionaire plans to balance free speech while also protecting users. 

There are concerns Musk has plans to relax content rules, which critics say could increase hate speech on the site.

However others have welcomed his commitment to protect freedom of expression.

In a letter to the Tesla boss, British parliament supported Musk’s commitments to remove all spam accounts and automated bots from Twitter.

Elon Musk is set to own the social media giant after the Twitter board approved a $44 billion takeover bid.

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China has pledged to “significantly increase” debt to jumpstart its economy

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Finance Minister Lan Foan announced plans to help local governments tackle debt, support low-income households, and boost the property market.

Investors have been urging such steps as China faces deflationary pressures and a sharp property market downturn.

However, no figure was provided for the stimulus package, leaving markets anxious about the strength and duration of the recovery effort.

Economists warn that this lack of clarity may prolong uncertainty until China’s legislature approves extra debt measures.

Concerns are rising that China may fall short of its 5% growth target, signalling deeper structural challenges ahead.

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Niche accountants proving essential to e-commerce success

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Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

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Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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