Timeline

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    📱 | Google to launch Pixel Watch, Pixel 7 on Oct 6

    (Reuters) – Alphabet Inc's Google will on Oct. 6 launch the Pixel 7 and its first smartwatch as the company prepares to take on a new line of rival products from Apple Inc expected on Wednesday. Google's new devices would be available for purchase from the launch day onwards at GoogleStore.com and at its physical stores in the New York City area, the company said in a blog post on Tuesday. https://bit.ly/3QlNhEX The Pixel 7 phones will run on Android 13 and feature the latest iteration of Google's custom mobile chip called Tensor. The launch event will take place at 10 am ET (2 pm GMT) in the …

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    👍 | Meta's Facebook agrees to settle data privacy l…

    (Reuters) – Meta Platforms Inc's Facebook has in-principle agreed to settle a lawsuit in the San Francisco federal court seeking damages for letting third parties including Cambridge Analytica access the private data of users, a court filing showed. in the filing on Friday that asked the judge to put the class action on hold for 60 days until the lawyers for both plaintiffs and Facebook finalize a written settlement. The four-year-old lawsuit alleged that Facebook violated consumer privacy laws by sharing personal data of users with third parties such as …

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    📱|Google to clearly label US medical facilities…

    (Reuters) – Google will clearly label medical facilities in the United States that provide abortions in its search results and in Google Maps to avoid confusing them with anti-abortion centers, its top executive informed lawmakers on Thursday. near me”, the results box will display facilities verified to provide abortions, said Mark Isakowitz, vice president for government affairs and public policy for US and Canada at Google, in a letter to Senator Mark Warner and Representative Elissa Slotkin. /bit.ly/3CFFQoO) The tech giant will also allow peo…

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    👍 | Jack Dorsey says his biggest regret is Twitter …

    By Sheila Dang (Reuters) -Twitter founder and former chief executive Jack Dorsey tweeted Thursday that he regrets the social media platform became a company. “The biggest issue and my biggest regret is that it became a company,” Dorsey tweeted in response to a question about whether Twitter turned out the way he had envisioned. Dorsey stands to receive $978 million if the agreement for billionaire Elon Musk to buy Twitter is completed. When asked about what structure he wished Twitter would operate under, Dorsey said that it should be “ a protocol” and that Twitter should not be owned by a stat…

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    👍 | Twitter whistleblower to meet with Senate panel…

    WASHINGTON (Reuters) -The US Senate Judiciary committee will hold a hearing on Sept. 13 with Twitter Inc's former security chief Peiter “Mudge” Zatko to discuss allegations from his whistleblower complaint that the social media company misled regulators. Zatko, who accused Twitter of falsely claiming it had a solid security plan and making misleading statements about its defenses against hackers and spam accounts, has already discussed his complaint with staffs of the chair and ranking member on the Senate Judiciary Committee, the House Energy and Commerce Committee, and the staff of the Sen…

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    👍 | Twitter removes rape video posted by Italy's Me…

    ROME (Reuters) – Twitter removed on Tuesday a video of a Ukrainian woman being raped by a migrant in an Italian city that was posted by far-right leader Giorgia Meloni, who is leading the race to become Italy's next prime minister. blurred video, which was originally published on a newspaper website, late on Sunday, saying she could not remain silent in the face of “this atrocious episode of sexual violence”. accused her of adding to the victim's misery by putting out the video without…

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    👍 | US lawmakers unveil bill to help news media n…

    WASHINGTON (Reuters) – A bipartisan group of US lawmakers on Monday released a revised version of a bill aimed at making it easier for news organizations to negotiate collectively with platforms like Google and Facebook. organizations' ability to negotiate collectively and secure fair terms from gatekeeper platforms that regularly access news content without paying for its value,” according to a news release from the lawmakers. The group includes Democratic Senator Amy Klobuchar and Republican Senator John Kenne…

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    👍 | Musk targets ad tech firms in Twitter suit over…

    By Sheila Dang (Reuters) – Billionaire entrepreneur Elon Musk, who is attempting to walk away from his deal to acquire Twitter Inc, is seeking documents from advertising technology firms as part of his quest to gain more information on bot and spam accounts on Twitter, According to filings in a Delaware court on Thursday. Twitter has sued the Tesla chief executive, who has accused Twitter of hiding information about how it calculates the percentage of bots on the service, for attempting to walk away from the $44 billion agreement. is scheduled for Oct. 17. Musk's lawyers have subpoenae…

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    👍 | Twitter plan to fight midterm misinformation fa…

    By Sheila Dang (Reuters) -Twitter Inc on Thursday set out a plan to combat the spread of election misinformation that revives previous strategies, but civil and voting rights experts said it would fall short of what is needed to prepare for the upcoming US midterm elections The social media company said it will apply its civic integrity policy, introduced in 2018, to the Nov. 8 midterms, when numerous US Senate and House of Representatives seats will be up for election. The policy relies on labeling or removing posts with misleading content, focused on messages intended to stop voting or …

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    👍 | Twitter reintroduces election misinformation ru…

    By Sheila Dang (Reuters) – Twitter Inc will revive features on the social media site to promote accurate information about the November US midterm election and clamp down on false and misleading posts, the company said in a blog post on Thursday. Civil rights and online misinformation experts have accused social media and tech platforms of not doing enough to prevent the spread of misinformation, including the idea that President Joe Biden did not win the 2020 election. Twitter will apply its civic integrity policy, introduced in 2018, to the Nov. 8 midterms when all 435 seats in the US Ho…

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    👍|Musk sells Tesla shares worth $6.9 billion, cit…

    By Hyunjoo Jin and Akriti Sharma (Reuters) -Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform. “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don't come through, it is important to avoid an emergency sale of Tesla stock,” he said in a tweet late on Tuesday. Musk in early July tore up his April 25 agreement to buy Twitter for $44 billion. Twitter has sued Musk …

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    👍|Analysis-Why the banks financing Musk's Twitter…

    By Anirban Sen and Greg Roumeliotis (Reuters) – The banks that agreed to finance Elon Musk's $44 billion acquisition of Twitter Inc have a financial incentive to help the world's richest person walk away but would face long legal odds, according to people close to the deal and corporate law experts. Twitter has sued Musk to force him to complete the transaction, dismissing his claim that the San Francisco-based company misled him about the number of spam accounts on its social media platform as buyer's remorse in the wake of a plunge in technology stocks. The Delaware Court of Chancery, where…

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    👍 | Analysis: Banks are Twitter-deal escape hatch t…

    By Anirban Sen and Greg Roumeliotis (Reuters) – The banks that agreed to finance Elon Musk's $44 billion acquisition of Twitter Inc have a financial incentive to help the world's richest person walk away but would face long legal odds, according to people close to the deal and corporate law experts. Twitter has sued Musk to force him to complete the transaction, dismissing his claim that the San Francisco-based company misled him about the number of spam accounts on its social media platform as buyer's remorse in the wake of a plunge in technology stocks. The Delaware Court of Chancery, where…

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    👍 | Twitter rejects Musk's claims that he was hoodw…

    By Noeleen Walder and Tom Hals NEW YORK (Reuters) - Twitter Inc on Thursday dismissed Elon Musk's claims in a Delaware court filing that he was hoodwinked into signing the deal to buy the social media company, saying that it was “implausible and contrary to fact Musk made the claims in a countersuit filed under seal last Friday, which was made public on Thursday. “According to Musk, he — the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers — was hoodwinked by Twitter into signing a $44 billion merger agreement. That story is as implausible and contrary to …

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    👍 | Twitter queries banks on Musk's attempts to undo…

    By Tom Hals WILMINGTON, Del. (Reuters) – Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while also looking into his motivation for backing out of the deal, legal experts said. Twitter sent dozens of civil subpoenas this week to global banks such as units of Morgan Stanley, co-investors in the deal including an affiliate of Brookfield Asset Management Inc, and Musk advisers, according to filings over the past two days in the Delaware Court of Chancery. Morgan Stanley declined to comment. Broo…

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    👍|Chinese nationalist commentator deletes Pelosi …

    BEIJING (Reuters) – Prominent Chinese commentator Hu Xijin said on Saturday he deleted a tweet warning of military retaliation should US fighter jets escort House Speaker Nancy Pelosi on any visit to Taiwan, after Twitter blocked his account. Pelosi, number three in the US line of presidential succession, after Joe Biden and Vice President Kamala Harris, signalled on Friday she was embarking on a trip to Asia. She did not mention Taiwan, but speculation of her visiting the democratically ruled island, claimed by Beijing, has intensified in recent days , fuelling tensions beyond the Taiwan S…

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    👍 | Twitter's battle with Elon Musk over $44 billio…

    By Tom Hals WILMINGTON, Del. (Reuters) -Twitter's bid to hold Elon Musk to his $ 44 billion deal for the social media platform will head to a five-day trial beginning Oct. 17, and Musk must reveal by the end of Friday any legal claims he has against the company, a Delaware judge ruled. Musk, the world's richest person and chief executive of Tesla Inc, has until 5 pm EDT (2100 GMT) on Friday to file any counterclaims, according to the order signed late Thursday by Chancellor Kathleen McCormick of the Delaware Court of Chancery. Musk's lawyers have said he might file counterclaims – essentially…

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    👍 | Twitter's lawsuit against Elon Musk heads to Oc…

    WILMINGTON, Del. (Reuters) -A Delaware judge ordered a five-day trial to run Oct. 17-21 in Twitter Inc's lawsuit seeking to hold Elon Musk to his $44 billion deal for the social media platform, according to a court filing made public on Friday. Musk, the world's richest person and chief executive of Telsa Inc, also must file any counterclaims by 5 pm ET on Friday, according to the order signed Thursday by Chancellor Kathaleen McCormick of the Delaware Court of Chancery. Musk's lawyers have said he might file counterclaims, essentially his own lawsuit against Twitter, in which he could seek fin…

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    📱 | Apple forecasts faster sales growth, strong iPh…

    By Paresh Dave and Nivedita Balu (Reuters) -Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead. The Silicon Valley giant's shares rose 3.5% after hours following the release of the results. Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones, the company's biggest source of revenue. Phone sales in the fiscal thir…

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    📱 | Apple results top estimates as iPhone escapes e…

    By Stephen Nellis, Nivedita Balu and Paresh Dave (Reuters)-Apple Inc on Thursday reported profit and sales that beat Wall Street expectations, navigating parts shortages better than predicted and benefiting from unceasing demand for iPhones even as inflation has consumers tightening other spending. Shares rose 3.2% after hours following the release of the results. Apple said sales and profit for the quarter ended June 25 were $ 83.0 billion and $ 1.20 per share, above estimates of $ 82.8 billion and $ 1.16 per share, according to Refinitiv data. Apple is expected to give a forecast for the curren…

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    👍 | Bipartisan US lawmakers urge Facebook, Twitter…

    WASHINGTON (Reuters) – A bipartisan group of three US senators urged Meta's Facebook, Twitter and Telegram to do a better job of stopping Russian efforts to spread Spanish-language disinformation about the invasion of Ukraine. Senators Bob Menendez, chair of the Senate Foreign Relations Committee, sent the letters, dated Wednesday, along with Senators Tim Kaine, also a Democrat, and Bill Cassidy, a Republican. In particular, the lawmakers asked the companies to better moderate Russia's RT en Espanol and Sputnik Mundo. disinformation campaigns by Russian state media's Spanis…

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    📱 | Google search ads beat targets despite global'…

    By Paresh Dave and Nivedita Balu (Reuters)-Google search ads lifted parent Alphabet Inc close to Wall Street sales expectations on Tuesday, sending shares up on relief that the world's biggest seller of online advertising may withstand a global recession better than smaller rivals. A trio of Alphabet executives sounded caution on a call with investment analysts, using “uncertain” or “uncertainty” at least 13 times to describe the economy. YouTube ad sales grew at their slowest pace since disclosures began in 2018. But investors focused elsewhere, notably on the fact that second-quarter sales…

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    📱 | Republicans urge Google to include anti-abortio…

    WASHINGTON (Reuters) – Seventeen US Republican state attorneys general wrote a letter to the chief executive of Alphabet's Google urging the company to show “crisis pregnancy centers,” which oppose the procedure, in search results for people looking for abortion services. Texas Attorney General Ken Paxton, who is running for re-election in November, released the letter on Tuesday. The letter comes after Democratic lawmakers wrote to Google in June arguing its search engine was giving inaccurate results to people seeking abortions by sometimes sending them to the crisis pregnancy centers, whi…

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    👍 | Elon Musk asks judge to start Twitter trial on…

    By Tom Hals WILMINGTON, Del (Reuters) -Elon Musk asked a judge to schedule a five-day trial beginning Oct. 17, not Oct. 10 as requested by Twitter Inc, to resolve his bid to walk away from his $ 44 billion deal to acquire the social media platform, according to a court filing on Tuesday. A lawyer for Musk, the world's richest person, said he was writing to ask the judge to “break the impasse to allow things to move forward promptly.” Twitter declined to comment . Chancellor Kathaleen McCormick, the chief judge on Delaware's Court of Chancery, last week ordered an October trial, which promises to…

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    👍 | Twitter blames Musk, weak ad market for drop in…

    By Sheila Dang and Nivedita Balu (Reuters)-Twitter Inc on Friday blamed its ongoing battle to close its $ 44-billion acquisition by Elon Musk and a weakening digital advertising market for a surprise fall in quarterly revenue and a net loss. The results come as Twitter has sued Musk for dropping his offer to buy the company, and is now preparing for a legal showdown in a trial set to begin in October. The deal uncertainty has worried Twitter's advertisers and caused chaos inside the company. Advertising revenue rose just 2% to $ 1.08 billion, missing Wall Street expectations of $ 1.22 billion, a…

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    👍 | Twitter claims Musk is'slow-walking' trial ove…

    By Tom Hals WILMINGTON, Del. (Reuters) – Twitter Inc on Monday accused Elon Musk of trying to “slow walk” the company's lawsuit to hold him to his $ 44 billion takeover and urged a September trial to ensure deal financing remains in place, according “Millions of Twitter shares trade daily under a cloud of Musk-created doubt,” the company wrote. “No public company of this size and scale has ever had to bear these uncertainties.” Twitter has sued Musk and asked a Delaware judge to order him to complete the merger at the agreed price of $ 54.20 per share. The company said if Musk…

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    👍 | Elon Musk seeks to block Twitter request for ex…

    By Sheila Dang (Reuters) -Elon Musk filed a motion on Friday facing Twitter Inc's request to fast-track a trial over his plan to terminate his $ 44 billion deal for the social media firm. Musk's lawyers, in papers filed with the Delaware Chancery Court It is the latest move in what promises to be a major legal showdown between Twitter and Musk. The San Francisco-based company is seeking to resolve. It is the latest move in what promises to be a major legal showdown between Twitter and Musk. months of uncertainty for its business as Musk tries to walk away from the deal for what he…

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    👍 | Elon Musk seeks to block Twitter's request for…

    (Reuters) -Elon Musk filed a motion on Friday engaging Twitter Inc's request to fast-track a trial over his plan to terminate his $ 44 billion deal for the social media firm. Musk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's “Unjustifiable request to rush this $ 44 billion merger case to trial in just two months” should be rejected. The lawyers have requested for a trial date on or after Feb. 13 next year. Twitter did not immediately respond to a request for comment. Shares of Twitter were down about 1% in extended trading. (Reporting by Ananya Mariam Rajesh in Ben…

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    👍 | Facebook to allow up to five profiles tied to o…

    (Reuters) -Meta Platforms Inc said on Thursday its flagship social network Facebook is introducing ways for users to maintain up to five profiles, a major shift from the “real name” requirement the company has maintained since its inception. The product change would “ help people tailor their experience based on interests and relationships, ”like posting different types of content aimed at family versus friends, Meta said in a statement. The company will continue to require that each user have only one Facebook account, with a main profile that people wi… continues to use the person's real name.

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    👍 | Twitter back up after global outage

    By Yuvraj Malik (Reuters) --Twitter said its service was back online following a major outage on Thursday that kept thousands of users across the globe from accessing the social media platform. The near three-hour outage affected as many as 50,000 users at its peak at around 8:15 am ET, according to outage tracking website Downdetector.com. The incident comes days after Twitter sued Tesla Chief Executive Officer Elon Musk for violating his deal to buy the company and asked a Delaware court to order the world's richest person to complete the takeover. “We had some trouble with our internal syste…

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    👍 | Twitter back up for many users after global outage

    By Yuvraj Malik (Reuters) -Twitter was coming back online on Thursday after an hour-long outage kept thousands of users across the globe from accessing the social media website. The outage affected nearly 2,000 users as of 9 am ET, down from the peak of 50,000 incidents an hour earlier, according to outage tracking website Downdetector.com. The incident comes days after Twitter sued Tesla CEO Musk for violating his deal to buy the company and asked a Delaware court to order the world's richest person to complete the takeover. “Some of you are having issues accessing Twitter and we're working t…

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    👍 | Facebook-owner Meta releases first human rights…

    By Katie Paul (Reuters) -Facebook owner Meta released its first annual human rights report on Thursday, following years of accusations that it turned a blind eye to online abuses that fueled real-world violence in places like India and Myanmar. covers due diligence performed in 2020 and 2021, includes a summary of a controversial human rights impact assessment of India that Meta commissioned law firm Foley Hoag to conduct. Human rights groups including Amnesty International and Human Rights Watch have demanded the release of the India assessment in full, accusing meta of stal…

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    👍 | Explainer-Can Elon Musk defy a court if ordered…

    By Tom Hals WILMINGTON, Del. (Reuters) – Twitter Inc has sued Elon Musk to force him to go through with the $ 44 billion acquisition of the social media company. What happens if Twitter succeeds and the world's richest man, who regularly taunts securities regulators CAN A COURT ORDER MUSK TO BUY TWITTER? Twitter is asking a Delaware court to grant “specific performance” under the terms of its contract with Musk – in other words, force him to complete the acquisition at The court has issued such orders before. Chicken p…

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    👍 | Twitter sues Elon Musk to hold him to $ 44 billi…

    By Tom Hals WILMINGTON, Del. (Reuters) – Twitter Inc sued Elon Musk on Tuesday for violating his $ 44 billion deal to buy the social media platform and asked a Delaware court to order the world's richest person to complete the merger at the agreed $ 54.20 per Twitter share. “Musk apparently believes that he – unlike every other party subject to Delaware contract law – is free to change his mind, trash the company, disrupting its operations, destroy stockholder value, and walk away,” said the lawsuit. sets in motion what promises to be one of the biggest legal showdowns in Wall Street…

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    👍 | Twitter hits back at Musk, says no deal obligat…

    (Reuters) – Twitter Inc fired back at Elon Musk on Monday, accusing the world's richest person of “knowingly” breaching an agreement to buy the social media firm, days after the Tesla Inc chief sought to back out of the $ 44 billion deal. In a letter sent to Musk, dated Sunday and filed with regulators on Monday, Twitter said it had not breached its obligations under the merger agreement as indicated by Musk on Friday for looking to end the deal. (Https://bit.ly/3c2QVoP ) “Twitter demands that Mr. Musk and the other Musk Parties comply with their obligations under the Agreement, including their…