Posted on 10/21/2022 6:07:23 AM PDT by Red Badger
The Biden administration is getting increasingly desperate to block Elon Musk’s buyout of Twitter, according to a new report.
“Scoop: Biden admin officials are discussing whether US should subject some of @elonmusk’s ventures to national security reviews, including his deal for Twitter Inc., and the Starlink satellite network, sources tell @SalehaMohsin and me. @BloombergTV,” Jennifer Jacobs reported.
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Jennifer Jacobs · Oct 20, 2022 @JenniferJJacobs · Follow Scoop: Biden admin officials are discussing whether US should subject some of @elonmusk’s ventures to national security reviews, including his deal for Twitter Inc., and the Starlink satellite network, sources tell @SalehaMohsin and me. @BloombergTV Jennifer Jacobs @JenniferJJacobs · Follow Elon Musk reacts to Biden officials' discussions, still at early stage, on what tools, if any, are available to let federal govt to review his ventures. "It would be hysterical if the government stopped Elon from over paying for Twitter 😂," a reader tweeted. @elonmusk: "💯🤣." 8:23 PM · Oct 20, 2022
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“Elon Musk reacts to Biden officials’ discussions, still at early stage, on what tools, if any, are available to let federal govt to review his ventures. ‘It would be hysterical if the government stopped Elon from over paying for Twitter ,’ a reader tweeted. @elonmusk,” she added.
Elon Musk had a simple reaction to the report on Twitter.
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Nik “The Carny” Lentz · Oct 20, 2022 @NikLentz · Follow Replying to @JenniferJJacobs @elonmusk and 2 others It would be hysterical if the government stopped Elon from over paying for Twitter 😂 Elon Musk @elonmusk · Follow 💯🤣 8:11 PM · Oct 20, 2022
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“100,” Musk tweeted with a laughing emoji.
Occupy Democrats earlier in the night had put out the talking points, based on Trump second impeachment star witness Fiona Hill’s discredited word.
“BREAKING NEWS: The national security expert who testified at Trump’s impeachment hearing, Fiona Hill, drops bombshell, accusing Elon Musk of being an “intermediary” who is “transmitting messages from Putin” that will help Putin win his war against Ukraine. RT TO EXPOSE ELON MUSK!” Occupy Democrats tweeted.
“If you’re terrified that Twitter is about to be bought by Elon Musk, a man who U.S. national security expert Fiona Hill just declared is an ‘intermediary’ who is ‘transmitting messages from Putin,’ please RT & join http://Tribel.com, a new pro-democracy Twitter alternative!” the group added.
Elon Musk responded earlier to unsubstantiated reports that he had a discussion with Russian President Vladimir Putin before advocating peace between Russia and Ukraine on Twitter.
When asked if a Vice News report that he spoke with Putin was true, he said: ‘No, it is not.”
According to the unconfirmed report, Elon Musk had met privately with Russian President Vladimir Putin, according to Ian Bremmer, who provided his account in an email to Eurasia Group subscribers.
As reported by Business Insider, “Musk told Bremmer that Putin said he was ‘prepared to negotiate’ under the conditions that Crimea remains under Russian control, that Ukraine remained neutral, and that Russia’s annexations of Luhansk, Donetsk, Kherson, and Zaporizhzhia were enforced.”
On Thursday, Musk sent a huge warning shot to ‘Woke’ Twitter employees ahead of his buyout offer for the social media giant, a deal that is expected to close next week.
“Twitter’s workforce is likely to be hit with massive cuts in the coming months, no matter who owns the company, interviews and documents obtained by The Washington Post show, a change likely to have major impact on its ability to control harmful content and prevent data security crises,” the Washington Post reported on Thursday.
“Musk told prospective investors in his deal to buy the company that he planned to get rid of nearly 75 percent of Twitter’s 7,500 workers, whittling the company down to a skeleton staff of just over 2,000,” the report added.
“Even if Musk’s Twitter deal falls through — and there’s little indication now that it will — big cuts are expected: Twitter’s current management planned to pare the company’s payroll by about $800 million by the end of next year, a number that would mean the departure of nearly a quarter of the workforce, according to corporate documents and interviews with people familiar with the company’s deliberations,” the report said. “The company also planned to make major cuts to its infrastructure, including data centers that keep the site functioning for more than 200 million users that log on each day.”
“The extent of the cuts, which have not been previously reported, help explain why Twitter officials were eager to sell to Musk: Musk’s $44 billion bid, though hostile, is a golden ticket for the struggling company — potentially helping its leadership avoid painful announcements that would have demoralized the staff and possibly crippledthe service’s ability to combat misinformation, hate speech and spam,” WaPo added.
As earlier reported, the social media giant has quietly conceded that it now expects the deal to go through. Twitter this week took action to freeze share-trading for its employees through its corporate awards account.
“Twitter Inc. froze the equity awards accounts for employees on Monday as the deadline to seal a deal with Elon Musk approaches,” Bloomberg Law reported.
“The social media company updated its employee FAQ page this week to alert staff that they won’t be able to access or trade shares from the Equity Award Center,” the article adds. “The page said the change was done ‘in anticipation of the closing of the pending acquisition of Twitter by an entity controlled by Elon Musk,’ according to two people familiar with the change.”
“This freeze allows Schwab to perform final reconciliation of employee accounts” prior to close of the deal, the article notes.
Elon Musk on Tuesday showed his optimism that he would close the deal on Twitter with a tweet, which he subsequently deleted.
“In retrospect, it was inevitable,” Musk tweeted, along with a cartoonized photoshop image of Musk, West, and Trump as the ‘Three Musketeers.”
Elon Musk is under investigation by federal authorities, according to Twitter court documents. The social media platform’s attorneys recently divulged the revelation, although it did not list the government agency. There was speculation that it could be the Security and Exchange Commission, which could issue Musk a fine for violations, but was unlikely to block the deal.
Delaware Court of Chancery Chancellor Kathaleen St. Jude McCormick had earlier cleared the path for Elon Musk to close his buyout of Twitter by the midterm elections.
“Defendants and Counterclaim-Plaintiffs Elon R. Musk, X Holdings I, Inc., and X Holdings II, Inc. (collectively, “’Defendants’) have agreed to close on the Agreement and Plan of Merger dated April 25, 2022, and they have moved to stay this action in light of their agreement,” the judge ruled. “Defendants have stated that ‘the closing is expected on or around October 28, 2022.’”
“This action is stayed until 5 p.m. on October 28, 2022, to permit the parties to close on the transaction,” the judge added. “If the transaction does not close by 5 p.m. on October 28, 2022, the parties are instructed to contact me by email that evening to obtain November 2022 trial dates.”
The Washington Post and legacy media outlets can sound the alarms all they want, but their days of dominating the influential Big Tech platform are numbered. If Musk returns to a free marketplace of ideas, as he has promised, elitist left-wing ideas will be openly challenged by conservatives and populists on Twitter. As the 2016 election showed, the ramifications can be disastrous for them.
That is why the Biden administration is weighing a politically motivated intervention into the Musk deal. Political propaganda doesn’t work if the American people can openly discuss it and expose it to the truth. This is why the American left is freaking out at the prospect of Twitter becoming a free speech platform again.
“Biden is turning into Mussolini now..”
Yep, it is the next step in the Communist agenda. If allowed the state will soon own all private business.
He's just following the lead of kathy Hochul, Gretchen Whitmer, Justin Trudeau...
The Globalists have the long knives out for Elon.
Twitter was ultimately the platform and tool used by the populace to overthrow the government in Egypt.
It was an object lesson as to its power if not controlled.
Subsequently, I surmise that the CIA reached out to Jack Dorsey and the board and said- You can’t allow this to happen in the US or in our allies countries. This is a weapon that we can and should only use against repressive regimes like Iran. Twitter probably said Ok to that but didn’t realize they would be subverted by the arrangement. Freedom of speech died on that platform at that time.
Now Twatter can sue... BIDEN?!
The Manchurian McGoo...
They can't publicly discuss the hidden laws in the Homeland Security Socialism Act that has the Feds overseeing contractors tied into these social media platforms.
So this is another clear intervention of the government against free speech in the private sector which I believe is entirely unconstitutional.
Fiona Hill is a piece of garbage.
She used to be pro Russian and anti Ukraine, but she switched in order to oppose trump and then to aid in his impeachment.
They can’t do it legally for the real reasons that are motivating them so they are making up a new fake Russia Russia Russia scam this time involving Elon Musk.
SO need to get rid of these POS traitorous bureaucrats
Not just fire them but go after them for disbarment
Elon is playing this deal sly as a fox.
The entire US government is weaponized against the Constitution..
It has been fundamentally changed....................
I think Twitter is basically the CIA.
Elon Musk is basically trying to purchase the CIA.
And now we see the federal government telling him “You can’t do that.”
somebody else always pays
Read last week Joe bought some tacos at a stop, he pulled out 3 $20s to pay for $16 bill
If you are correct, then this country is over if they have infiltrated society to that degree to influence thought.
quote: “The POTATUS isn’t doing this, is he... The people who installed him are.”
Biden is in lockstep with his handlers - he’s a WILLFUL puppet, who serves his important purpose as figurehead “Big Guy’. So he doesn’t get a pass just because he has dementia.
The government trying to block this Twitter agreement seems illegal.
The government would run better with 75% less employees, actually.
None Dare Call It
FASCISM
I don’t think Jo Jo understands the concept of money as well as he should. He thinks it grows on trees.
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