let's his master plan for twitter and how does it fit into twitter's master plan? max: elon musk likes twitter. he's an enthusiastic user and you can see why twitter would want him on the board. for musk, the master plan is about tesla. let happening here, i'm sure elon has big ideas for twitter around free speech but the game behind this is protecting tesla's most important marketing channel. ed mentioned it is elon musk's way of communicating with investors and raising an enormous, almost unlimited capital for tesla. it's also a great way he has been able to market himself in the cars. having a seat on twitter's board is going to help him in the long-term. yesterday, twitter's value went up bunch. tesla went up a lot less as a percentage but musk made a lot more money on tesla. his money is still in tesla and we should be thinking about it in those terms. emily: looking at these tweets today, i'm excited to share we are appointing elon to our board. it became clear to us in conversations in recent weeks that he would bring great value to our board. jack dorsey re

twitter cfo. and we'll get this employee meeting this afternoon i wonder, we're going to hear some leaks out of that, don't you think? >> oh, yeah. i think employees -- one of the problems is if he takes it over, you'll see an exodus they should go over to metta why do they want to deal with this possible craziness. by the i warks let me just say, elon has every right and earned the respect around creating something out of nothing whether it's tesla or spacex this seems like a distraction and if i was a tesla shareholder even though they love him, this is a lot to love you know, and they may want -- they may want him to focus on the things he does best, which are cars and spaceships and the stuff he has done there is astonishing. this feels like a side hustle in some ways. >> right well, we did mention earlier, tesla now down almost 3.5% on some of those concerns kara -- >> wall street knows i trust wall street on this one. the stock market knows what this is that's what i would look at. >> kara,

elon musk and twitter. he says he owns a 9.2% stake in twitter worth somewhere around $3.7 billion now. making him the company's largest shareholder. the question is how he will use this new power. let's bring in ed ludlow. how active will he be? quite the devil is in the. you are only eligible to do this if you have no intention of changing or trying to control the operations of the issuing company. you are a passive investor. and look at the board. at 27% gain on twitter. various asset classes not moving strongly in either direction but that gain is having an effect. come with me to my bloomberg terminal. this is the biggest jump in twitter stock since november of 2013. i know you were there in 2013. you witnessed the masses -- the massive surge in twitter. this is a stock that was underperforming year to date. but things have lost momentum in 2013. emily: i was on the floor of the new york stock exchange when twitter went public. i will stick with twitter. joining as is the general partner of moxie ventu

in twitter? what will happen next. earlier we heard from cathie wood, the coo of arc whose innovation shed twitter shares earlier this year. cathie: i will say this could be setting up for another leadership change at twitter. you never know. i am not jumping to this conclusion automatically. i am saying it is one of many possibilities. it will either be changing the policy of the company, to really open source, the censorship for call people out on censorship. or it will be a management change. i don't know what is going to happen. ed: cathie wood saying she is not sure what is going to happen, but this could be a shot across the bow for the ceo of twitter, it could be a warning from elon musk. she also talked a bit about the landscape for social media stocks, which of course have not been great this year. just a quick point, though, that that jump in twitter shares we saw during monday's session took twitter firmly into positive territory where you have the likes of facebook down more than 30%

i just spoke to at twitter employee who said he is quitting twitter. this is going to be huge political football for the next coming months. ross: thanks to james for that. let's bring in stephanie, technology analyst. what do you make of this? stephanie: it's obviously very exciting for people on twitter. it just depends. ross: the majorof people are not on twitter. so all those people watching who don't use twitter, why does this story matter? stephanie: twitter is very interesting in that it is by no means the most popular of the social media platforms, but it is quite significant. it is used by lots of journalists and buy some any governments around the world. until twitter -- twitter was the first to punt donald trump office platform. he ruled that site with 87 million followers and any time would start tweeting, it just took over the timeline. so this question free-speech that the new owner elon musk has been raising is going to be interesting, because a lot of people are wondering, is he signaling that we could potentially see the return of dona

there is a huge crypto community on twitter and the future of twitter could be more decentralized. >> it was weird to hear kristen smith talk about it from the decentralized social network standpoint because you could also think about it from a commerce standpoint. twitter has already started to integrate pieces of the lightning network here to make some payments possible via the platform through the lightning network. that is a very popular project when it comes to bitcoin and payment transfers. the idea of decentralizing social media, there are a lot of projects out there people try to use when it comes to media and decentralization but they are still in early days. there are questions about how twitter might take a role in the space. >> pascal, before we begin, i would love for you to give us a flavor of bitcoin 2022. it was big last year. is it even bigger this year and what are people talking about? >> yes very intense this year. i was not allowed to travel to the u.s. but what i know is this year is even more intense than last year post-pandemic. people are really happy to figur

twitter did not do that. and now we're seeing one of the potential consequences of an unsolicited bid for the company. so, it raises a lot of fascinating, new questions we have not seen before. emily: i t's interesting given how criticize the dual class share class has been a facebook, at google in terms of giving those founders too much power. how likely is it that twitter's poison pill defense will actually work? dr. milhaupt: well, so, the board has instituted the poison pill without shareholder approval which is the duty of the -- the beauty of the poison pill, unlike defensive measures in other parts of the world. in the u.k. and europe or in japan. where shareholders would have to approve the defensive measure. in the united states, it is not required. they will have to answer ultimately to the shareholders. they cannot simply sit behind the poison pill. they will have to testify why not letting elon musk's tender offer gort-4 it is in the best interest of the corporation -- go forward is not in the bes

in the statement issued by twitter and twitter's board, they note that $54.20 per share is a 38% premium over the closing share price on april 1. april 1 was the last trading session before musk disclosed his stake in the company. we just read into that that they see it as fair value. but at this stage, more questions than answers. emily: indeed. ed ludlow, thank you. we are going to be with you throughout the shell. i want to stick with twitter and bring in insider intelligence principal analyst jasmine enberg, as well as bloomberg's michelle davis. michelle, ed just walked us through the nuts and bolts of the deal. talk to us about the unknowns at this point. we have twitter earnings coming up in a few days. is there a chance elon musk could see the numbers and say, hey, no thanks? michelle: the unknowns that we have at this point are many. but it is official, there is a deal. what we do not know is the $21 billion equity checked we just talked about, how much of that the end of the day will be officially from musk and how much of that will take the form of other equity partners coming

so, he's playing a game with twitter and with the investors in twitter and with the market for twitter securities. ed: and it's a game or maneuver or way in which he conducts himself through the medium of social media, fascinating in this current day and age and we shouldn't be shocked by it, given that we have had the head of the united states, a president himself that used to give a lot of news through social media but how do you think the sec can look at the announcement of taking a certain amount of shares and wanting to do a bid to? how do you think regulation can adapt to the new age of the new environment? harvey: i think it's very difficult because the sec rules didn't really contemplate social media. while there have been very good attempts by the sec to try to modernize their positions, it's still very difficult for them. the fact that somebody can simply tweet out to 85 million people market influencing information is not something the sec has yet come up with a solution for and i think that is going to have to be something that takes a very close look at. caroline: if you w

so he is playing a game with twitter and with the investors in 2013 and the market, twitter securities. caroline: it is a game and the way he conducts himself through the medium of social media which is fascinating in this current day and age and we should bt be shocked by it. the head of the united states, the president himself used to give a lot of news via the social media platform. how do you think s.e.c. regulation can adapt to this new age of this new environment? >> i think it is very difficult because the s.e.c.'s rules did not really contemplate social media. while there have been very good attempts by the s.e.c. to try to modernize their positions, it is still very difficult for them. the fact that somebody can simply -- to 85 million people, market influencing information is not something the s.e.c. has yet come up with a solution for and i think that is going to have to be something. it takes a very close look at. caroline: if you were chairman, one word of advice right here, right now for the s.e.c.? >> if i were chair, what would i do? caroline: yeah. well, first of all,

reporters all around the world, often source and engage with stories by a twitter or less given the twitter is so influential in society, if it right. but such a powerful tool should be in the hands of just one man. i think it's extremely problematic, actually not for many, many different reasons. first of all, twitter was already encountering huge issues with algorithmically powered dis information. what i mean by that is content was being targeted to people and going viral that tended to be hateful, conspiratorial, and really kind of grabbing those people's attention. so that's not the way any sort of media network should function. there should be some baseline of kind of commonality to what people see. it's really problematic even more so because musk himself has boosted quite widely that he's a free speech absolute strain. so what does that mean? that means in any given society, when we talk about free speech, we should have lots of different kinds of speech be part of the platform. but what we found again and again on twitter and mosque is highly unlikely to do anything about it. is th

at twitter headquarters here is your top five at 5:00. it is musk versus twitter. they fight the buyout with some seeing it as extreme measure captivating corporate america and wall street. what you have to say about it all. >>> stocks looking to get back on the right track after the losing streak. >>> the number of high profile names set to report. we layout the ones to watch. >>> the american airlines ceo saying you can count on us pledged by the man in charge to make sure your plane takes off on time this summer. >>> and will soaring borrowing costs hit the housing market the ceo of coldwell banker is here it is happening on monday, april 18th on "worldwide exchange. good morning, good afternoon, good evening welcome from wherever in the world you may be watching. thank you very much for joining us i'm brian sullivan we have an absolutely packed hour for you to kickoff the week let's not daly and get to the monday money futures are down across the board. not by a lot dow off 78 the nasdaq looks to be the bigger decliner. assuming this trend holds. nasdaq futures

twitter has agreed unanimously. all right we are coming right back with the ceo of plug power, stay tuned. ♪ ♪ we believe there's an innovator in all of us. ♪ that's why we build technology that makes it possible for every business... and every person... to come to the table and do more incredible things. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire matching your job description. visit indeed.com/hire i earn 3% cash back at drugstores with chase freedom unlimited. so i got cards for birthdays, holidays, graduations, i'm covered for everything. which reminds me, thank you for driving me to the drugstore. earn big time with chase freedom unlimited with no annual fee. how do you cashback? chase. make more of what's yours. liz: we need to get you this news, little red corvette is going green. look at this. ♪ liz: oh, yeah look at t

let's talk about twitter. of course this jaw—dropping announcement came on monday, it's a major news source, as vivian explains, elon musk has had an offer of $41; billion excepted for the whole thing. lauren hirsch from the new york times, you've been reporting on this in detail. while it would have been jaw—dropping however long it took but to happen so quickly really took us all by surprise. how did that happen? it was incredible. i was at a show texting . with a source just to touch base and my source goes, a deal could happen - maybe monday, maybe not. i was like, "what are you talking about?". j ididn't i didn't know a deal could happen, let i didn't know a deal could happen, tet atone _ ididn't know a deal could happen, tet atone by— i didn't know a deal could happen, let alone by tomorrow. _ it happened at an - exceptionally fast speed. to take a step back, - elon musk put the offer out there without any financing. there was a lot of scepticism - that it was real, it was legitimate and he lined u

l on moscow's a, 44000000000 dollar deal to buy twitter. he says he will quote, unleash it's full potential, wants to protect free speech. also coming up, ukraine says russia is trying to disrupt the flow of weapons coming in from abroad . at least 5 people are killed. that a series of missile attacks on railway stations asked russian forces strike deep inside ukraine. and turkey hands down a life sentence for a human rights campaigner was my cavellas found guilty of trying to overthrow the government charges he says are fabricated? ah, and why bulletproof? welcome to the program. a lot musk they set to buy twitter after the social media company accepted his $44000000000.00 deal. it ends weeks of uncertainty over whether the sale would happen at all. moscow's best known for electric cars and private space flight describes himself as a free speech. absolutist is pledged a largely hands off approach to policing. what gets said on the platform at a time of growing concern about the role social media platforms play in spreading disinformation.

i think the civilizational risk is decreased if twitter, the more we increase the trust of twitter as a public platform, and so, i do think this will be painful, and i am not sure i will be able to acquire it. i should also say, if the intent is to retain as many shareholders by the law, for a private company, which is 2000, it is not like from a standpoint of how to figure out how to monopolize ownership of twitter. i will try to bring along as many shareholders as the are allowed to. >> you don't want to pay out $40 billion in cash. you'd like them to come with you. elon: i could technically afford it. but what i am saying, is that this is not a way of making money. this is just that i think this is -- my strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important. to the future of civilization. >> but --. elon: i don't care about the economics is all. >> but quoting you, this not about the economics, this is about the moral good. you have described yourself as a free speech absolutist. does that mean there is litera

with twitter and proposing buying twitter. if we stand back and we think about the law mosque and what he wants to accomplish in his lifetime, he wants to do things that are going to push humanity forward and going to mars and electrifying vehicles. these types of grand challenges are where if he spends his time, he can really cement his legacy, going and taking over twitter and spending his time instead at twitter is important . yes, for free speech around the world. but at the same time, he might view his time better spent, hopefully trying to accomplish some of these big, big problems that only he is prepared to tackle william cohen. twitter wants to double its revenues by 2023, with 315000000 monetize zable. daily active uses as if we needed a reminder that we are monetize a bowl active uses. how ambitious it plans, how has with it compared to say facebook from a profitability perspective the twitter is wolf, fully unprofitable. i think, you know, you. ready said the beginning of the show. ready that it is not a great busi

musk's twitter bid. musk offers to buy twitter and take it private. the deal values the social media company and $43 billion. shares soaring as twitter reviews the offer. and the ecb sticking to its plan to end its bond buying program in the third quarter. we are going to set the implications with kristalina georgieva. thanks beat big. first quarter results with trade records driving enormous earnings beats. i'm pretty grouped out with guy johnson -- krita gupta. a lot of breaking on the eco-front. and of course on the twitter fund. guy: if you took the day off to get ahead of the traffic, are you a genius or did you fail massively? a lot of things happened this morning and a lot of things have been turned on their heads. you have twitter, you have the possibility of a 50 basis point hike. i am a little surprised by these numbers. you got the university of michigan sentiment index. we go to 65.7. i'm trying to work out why. current conditions, 68.1, and the expectations index -- this is where things have really changed. it has gone to 64.1. is that a

really a blessing for twitter. he has a lot of supporters on the platform and feel it was really interesting even to see people tweeting at him applying for top positions and the company saying consider me as vice president for twitter. but the overwhelming trend i saw with doomsday prophecies really that twitter, after learning to moderate content and take responsibility for content on his platform that eli moscow reopened these gates. and that people like the former president donald trump, could be reinstated. and to some that all up fill the hash tag that was trending all morning here was leaving twitter. so that tells you at least how some people are taking this news. thank you for that. so me assuming some of the in washington and we'll have more on the mosque buying twitter later in the business years with christy johnson. john 1st oh to some of the latest developments in the war in ukraine and keeps a military commander say russia has tried to disrupt the flow of weapons into cry from allies abroad with a se

we found out twitter was working on anyway. but then there are other suggestions elon musk had that were a little bit out of the ordinary -- -- one of the suggestions we had was to turn the san francisco headquarters for twitter into a homeless shelter. because according to him, no one shows up anyway. he suggested that people on twitter blue, the subscription service, people paid three dollars a month to use that, he suggested they should have a blue check mark -- which verifies that they are real people. and then he suggested may be having an option to use dogecion -- doge coin for paying for twitter blue. another suggestion he had was to not have ads on twitter blue. lots of things he said. some of those tweets, he went back and deleted. a few of them are still up. kristen: yet. he doesn't mention what would replace the revenue, if they didn't do advertising anymore. isn't that a huge chunk of the revenue? >> it is. and so, a lot of these things are things that people don't think will actually happen. and some of these tweet

but twitter has struggled to post a profit. it has, had, has had more nat lost and profits over the last decade, including 222-020-2021. last year. it posted the net loss of $221000000.00. now, despite these losses, twitter has a market valuation of $33000000000.00 in on mosque offered $44000000000.00 to take it over. and that has many asking if the millionaire is paying too much for the social media firm. or if he seeing an opportunity that many have missed over the last decade. so there's quite a lot to unpack here. let's do that with erik jensen. he's an associate professor of sociology at war university. he joins me from crabby and tyler and good to have you on the show. eric, you know, unless wants to turn twitter and tape into what he calls a haven for free speech. what do you make of that? yeah, i mean, it is a little bit concerning when you think about what that means in practice. so in practice, if what he's imagining, which is what people assume that you poll the existing efforts to try to reduce the amount of use of

[laughter] twitter's the new thing. now until twitter -- i'm told twitter is passe. >> well, yes. again -- neil: i can't keep up with it. >> 217 million daily active users. that's pretty much like a media echo chairman bear on twitter. most people -- echo chamber. most people use facebook or instagram. can i quickly bring up twitter's ceo, he pretty much predicted this. he talked about distractions -- neil: he did. >> -- to come, and i think he knew what elon musk was up to. what about the models that elon musk wants to change twitter into? 217 million daily active users. instead of advertising revenue, which is what twitter relies on, he wants to change it to a subscription service. if i charge $2 a month, will you pay $2 to use twitter? i don't think 217 million people will. neil: well, isn't the whole idea musk is talking about is to leverage it with video and other things, i don't know. that's a leap. >> i think wall street is telling you today with the downgrades that all these distractions, a lot of noise, you need to focus on building your usership which is what they tried

company that started twitter. can you respond out to the richest man in the world taking over one of the most powerful social media platforms in the world that you helped start? >> it is a bit disturbing because we don't know what is going to happen. we don't know where he is going to take it. under the current administration of the company, had commitment to things like moderation policies [indiscernible] we can see where it goes. elon musk has advocated for some things that are big and great and some things that are really terrible and will harm it. we simply don't know anymore where he is going to take it but we do know that he has spent a bit of an abusive crypto bro on twitter and is that the kind of person we want? juan: you mentioned the issue of crypto currency, there are some who believe ts is an attempt for him to be able to spread his support of cryptocurrency in establish worldwide structure. what is your sense of his support of cryptocurrency and twitter? >> we don't know. he believes in open source,

where does this leave twitter now? well, this leaves twitter with a dilemma really, which is that if they don't follow the rules and the law now here in the u ha if they are repeat offenders, so to speak in unmoderated speech, including hate speech and lots of other offenses than twitter will be fined and on the back of se, fines, they will actually be halted from operating in europe, which is a significant setback for this company. and this brand and of course, for ellen musk himself who will lose millions of eyeballs. and the name of this game is about capturing the eyeballs. allison stewart allen. thank you so much that keith? well, it's a busy week of reporting for it. tech stocks. first out of the gate was google parent alphabet, which fell short of wall street estimates for it's quarterly sales. that's it's 1st missed since before the pandemic. as fears have a global economic slowdown hit add revenues. alphabet show shares fell in after hours trading, but it was a different picture at microsoft where the software

he's very good at twitter. >> tucker: twitter is a war zone. that tape is from three and a half years ago. twitter is no longer a war zone. there's only one army on the field. donald trump has been banned from twitter despite the fact that he may run in the next presidential election. he's an active politician with millions of people who would support him. he has been banned. charlie kirk had a huge following on twitter. he's been suspended. this show has been suspended. questioning the prevailing story line is the crime. do that and you're gone. doesn't matter if you are factually right. we were factually right. doesn't matter. challenge power and you are censored instantly. now it's hard to believe that the world's richest man is the only person who could fix this. you'd like to think our democratic system could fix it. clearly it can't. so elon musk seems to be our last hope. tonight there are signs that elon musk plans to do something big with twitter. buying 9% of the company is clearly more than investment. he doesn't need the money. last

in the deal, they are learning billions of dollars of debt onto the books of twitter and twitter has to pay for the moving forward. can you make enough profit? especially as he talks about getting rid of the base model which gets most of the revenue. he talks about new initiatives úthat do not always pay off. flat out says he doesn't care about the economics, right? that is really going to be a question moving forward. i think again, some of the uncertainty that is just resting on the shoulders of twitter and its employees are now. >> in the last few moments we have, we have reports that came out this week, i understand it is called [ null ] week in business reporter service because so many reports come out and we have had a very serious warning about a major recession,. >> deutsche bank says there will be a recession it. the only bank that has gone that far saying that, what we have seen in these earnings report so far is the companies, apple and facebook and google and microsoft and amazon big tech companies just blew up during the pandemic, right? two years of profits we have nev

and yes, we are on twitter. i'll handle as as a j inside story from me laura kyle and the whole team here in doha is good bye for now. ah. ah. where temperature's reach minus 35 degrees celsius and mountain roads become barely possible? one small, many bus serves as a lifeline for a community facing environmental and cultural change. ah, out, is there a well joined the regulars on board? turkeys shin kaya bus analogies, era ah, holding the powerful to account as we examine the us, his role in the world on al jazeera, when the war on ukraine commenced, people in power reached out to inhabitants of harper. the nation 2nd city, less than 40 miles from the russian border. as the carnage unfolds, a handful of civilians document their experiences as they tried to survive and maintain some normality in a reality. turn upside down. a rare glimpse of life under the ball. you crave a city under siege on a j 0. ah, this is al jazeera. ah hello, i'm fully back to bo, this is in use. our live from doha. coming up in the next

he negotiated a purchase price of $54.20 per share. twitter said an avid twitter user himself mosque has complained in the past about the social media platforms, moderation policies, and its functionality. he is proclaimed himself a free speech absolutist and has promised to enhance the service by making algorithms open source taking aim at spam bots and improving authentication of human users. well for the market reaction, we go now to our correspondent james sweeney in new york. james, tell us how did investors react of us know well, i don't think a lot of people saw this coming today, at least not this fast, but 11 months again, he showed his hand last week and showed that he had the funding to take the twitter private and the deal was made, in fact, it was a bit of a normal deal. a bid was submitted, the funding was proven to be existent and existing boards of the offer. and simple math show that it was a great offer at $54.20 per share in cash. and loan pulled it off. he paid a lot for twitter, $44000000000.00, and investors are all taking this within the last 2 hours. and the r

twitter users? >> musk could push forward with his free speech for twitter. it could mean bringing back down from and others that have been taken off the platform for promoting false information or intended tory speech. that could open up twitter to being a very messy place again. a messy place, opening up to all sorts of misinformation. that is something twitter has been trying to push back against. one analyst said it is not necessarily a good place for the twitter users around the world. maybe musk will not pursue that and maybe he will be more pragmatic on the changes he makes to twitter. maybe he could make some changes that are good for users. a lot of people say there are changes that need to be made to the platform. maybe musk is someone who can unlock twitter's potential and make it a better place. the bottom line is we don't know yet. >> this is the author of social warming. he says elon musk must have an ulterior motive in the purchase. >> twitter already is what mia -- what elon musk des

he tries to clarify on twitter his intentions for twitter, next. this is bloomberg. ♪ emily: as the deal is being sealed for elon musk to buy twitter, he tweeted that he hopes even his worst critics remain on the surface, because that is what free speech means. but what changes will he make? does he even know yet? i'm joined by that coast of the all in podcast, tim o'brien. looking forward to a spirited conversation. david, i want to start with you with this question. what does free-speech mean to you? >> what it means to me as we don't have arbitrary censorship rules on the platform that twitter will act as an open town square. it will be an honest referee of the debate but will not try to choose winners and losers in the debate. what we've seen over the past few years is a growing movement toward censorship, where it started with individuals who are unpopular provocateurs like alex jones. they were deplatformed. then you had a sitting president of the united states being deplatform. -- deplatformed. then during covid, we saw entire categories o

talking not good at using twitter. using twitter and running twitter and turning it into a growing profitable business two different thing. growing profits at a significant rate, something they have not managed to do versus facebook and others but, point taken let's stay with the stock as dee mentioned earlier, up just about 26%. joining us now goldman sachs eric sheradan has a sale on the company. eric, good morning is this important yet, eric? does this change anything about elon musk's involvement, twitter's position in the ad market >> well, i don't think it changes anything with the business model today our sell rating on twitter is based on couple of things. number one, what we have seen over the years in terms of their user growth and their user dynamic. we still remain skeptical that they're going to hit their 2023 user target that they laid out at an analyst date last year and also, you know, most of digital advertising is moving down the consumer funnel, more towards direct response advertising at the bottom

elon musks $43 billion bid to buy twitter. >> i could technically afford it. >> the twitter boards meet, and more of a plan b for musk. >>> the suspected subway shooter in court. what the judge ordered, and new evidence uncovered. >>> the president made him do it. >> they were cut cajoled, directed. >> the first january 6 the defendant to try the argument before a jury now learns his fate. >>> extreme weather, deadly wildfires and record-breaking snows. protest break out over the police killing of a black man, and, could it be? >>> a wooden knife sharper than steel? >>> live from cnbc, the facts, the truth, the news with shepard smith. >> good evening. 49 days ago, when all seems lost, ukrainian soldiers defiantly told a mighty russian warship to go f itself. remember that? now, that same mighty russian warship has indeed sunk in a humiliating blow to vladimir putin's invasion. this is, or was, the musk over -- russia's flagship. it was leading the naval assault against ukraine, it is at the bottom of the black sea. the ukrainians say they hit the moskova with a cruise missile. russia d

is it twitter discord mash-up? ultimately, there seems to be a need or want for a more social communication aspect into cryptocurrency above and beyond payments. >> i think a lot of these projects have been mostly reactions from breitling people. the problem is they often say odious things. there is an uncensored version of the web that is very promising. once it stops being championed by repugnant people that society doesn't quite like, i think it will take off. >> fascinating. lots of food for thought. coming up, we will continue this conversation on crypto and energy consumption from another angle. talking to another company that is taking gas waste from oil fields and harnessing it to power bitcoin mining. that is next. this is bloomberg. ♪ emily: caruso energy systems taking waste gas from oil fields and using it to fuel bitcoin mining just announced $350 million in new equity funding to accelerate their mission to align the future of computing with the future of climate. i want to bring in the ceo to talk a

none of which twitter does. it is an advertising platform relative to the king could book -- think facebook does it has never had as much power. and for fact that the platform is not growing robustly relative to the growth of snapchat, twitter is a less exciting place for advertisers to be at a place that cannot drive to growth in advertising and revenue that some of these platform have driven. it is a fairly significant, in billions of dollars of advertising revenue scale business. so it is not a small company. if the priority were to drive twitter to profitability like roger indicates it should be, i'm sure there is a way to do that by shrinking the size of the company. i did think the various people who run the company have always been motivated by a bigger ambition and have invested in growing the size of the company and for right or wrong. emily: what do you think the chances are that elon musk can unlock the potential? ali: it is fascinating how much even cares about near-term profitability. he is accounta

or not, deso is inevitable because either deso apps outcompete twitter or twitter ends up in the long run embracing deso, storing its content on there so we can access things like nft's, micro transactions and the coins associated with it. either way, deso i think is the future. that's why it is so exciting. caroline: how about content moderation? nader: this is the unintuitive thing that a lot of people take for granted. when you have an open platform like deso, there's a lot more transparency into what is going viral and why. the reputation of the people who are posting. is it a bot or not? you can have the best machine learning resources in the world analyzing the content, identifying bots. bot farms, bot armies. and in the long term, moderation could be something that a lot of people take part in by analyzing the chain, producing lists of things they believe are harmful that other apps consume. all of this can be done by smaller players with higher fidelity and accuracy than the platform monopolies today because everyone in the economy has the incentive to build a piece that they

maybe have twitter stock. he's really underscoring the complete lack of trust that people have, even twitter users have for twitter's leadership and for their executives. the fact that they have lost the confidence of a lot of everyday users because they have engaged in this censorship and politically activists in a way that some of the other social media giants haven't been. twitter is a dying breed in a lot of ways. fewer and fewer people use it. it's not a reflection of the broader public, the opinions shared on it. it's an echo chamber under friendly to bigger swaths of the country. musk is highlights that and having uncomfortable conversations even on the left about the way twitter is conducting content moderation and its business. >> neil: thanks, sarah. we're awaiting an official response from the twitter board here. we did here from one of the big investors in twitter. he thought the price was too low. remember this stock had a year north of $73 a share, this particular offer is north of $54 a share. s

you can buy twitter. twitter is a company that can be taken over, and you can't say that if you think about mark zuckerberg, think about snap chat this is not possible google they're not possible to sort of take over companies the way you can take over twitter. are people going to look at what elon is talking about and the opportunity to improve twitter, accelerate growth, accelerate revenues would anyone else come out of the woodwork, and that's going to be interesting if elon really is serious about moving forward and explaining what he would do and let alone whether he even has the financing in place this time >> so you think this puts the company in play no matter what >> i mean, it certainly raises the profile. if you think about the last time twitter was in play. remember when disney was bidding against salesforce i google, nothing ended up materializing, and twitter doubled down and it it led to tremendous improvements in twitter products the other side of this is nothing may happen, but it has bee

musk asked his followers whether or not twitter was, quote, dying and propose turning twitter headquarters in san francisco into a homeless shelter one day later, april 10th twitter announced musk would not be joining the twitter board saying it was musk's decision. musk responded by tweeting this snarky emoji. april, 11th musk indicated he could buy more shares of twitter. cincy didn't join the board on april. 12th a twitter shareholder sued musk for breaking sec rules in his initial purchase and april 14th, musk announced his intention to buy twitter outright. >> alright, illuminating timeline for us. the air. that was our grant lotus reporting. now the public is still waiting to see what happens next. coming up, tributes to judge ketanji brown jackson are popping up around the world. what an artist has to say about and mural. that's in the works right now in washington, d.c.. will be right back after the break. meet a future mom, a first-time mom and a seasoned pro. this mom's one step closer to their new mini-van! yeah, you'll get used to it. this mom's depositing money with tools on-h

or twitter or twitter, twitter users around the world. on the other side though, maybe must, will not pursue that. maybe he will be more pragmatic in some of the, the changes he makes to twitter in that case, maybe he could make some changes that are good for users. a lot of people say there are a lot of changes that need to be made to the platform, maybe musk as a person to unlock twitters potential, so to speak, and make it a better place. so bottom line is we don't know yet depends who you talk to, but bottom line is we do know you are musk as the new owner of twitter will certainly be making a lot of big changes. all right, i guess we'll know sooner or later gabe. thank you very much. what cells offer is a technology journalist and author of social warming a book about social media effects. he says he must, must have an ulterior motive in the purchase. i mean, to some extent, what are, what he is, what ill must describe. it, sir, it's a global communications network, that if it doesn't exist, you'd really want to invent it because it'

so elon musk has bought twitter, but he's still not in control of twitter. clearly that's why alex berenson is still banned from twitter. berenson is one of the few who's been censored who is fighting back with a lawsuit that goes to court tomorrow. alex berenson joins us next with an update on that in twenty twenty los angeles county voters elected a lunatic to be the county's top prosecutor. he's deliberately funneling the most violent criminals in our midst turn los angeles into a third world war zone. this is los angeles under george gascon. people who break the law are celebrating. tucker carlson originals suicide of los angeles streaming now on fox nation to fishermen and other liars. yo time you spent on the docks. thanks boats lines you can these moments you share with people you the fish never forget seals that get it'll last a lifetime as per substack antibalas your adventure starts here®. >> our confidence forever plann. is possible with the cfp professorfe. a cfp professional can help you build a complete financial plan visit. let's make a plan

well possible twitter takeover. elon musk is hoping to buy the social media company for $54.20 a share. the deal valued more than $43 billion. the tesla ceo, the richest man in the world, already holds a 9% stake in the company and says he wants to quote, transform the platform by taking it private. twitter says it's reviewing what musk calls his best and final

to twitter. fair suggest that he is not willing to go back to twitter.— suggest that he is not willing to go back to twitter. fair enough. yes is on social media _ back to twitter. fair enough. yes is on social media but _ back to twitter. fair enough. yes is on social media but it _ back to twitter. fair enough. yes is on social media but it is _ back to twitter. fair enough. yes is on social media but it is doing i back to twitter. fair enough. yes is on social media but it is doing all i on social media but it is doing all that well. —— he has his own. but with the new leadership, he may be very tempted to take that offer of because he was very hurt when he was banned and is often said that he needs that platform and he should have it, it is his right to be able to speak to people in the way that other world leaders and former world leaders are able to do and there's this ongoing suggestion that twitter�*s freedom of speech policies value left—wing views and right wing politicians ha

and he also sees twitter as the digital town square. he also wants to tackle twitter is algorithm to make them open source because he believes there needs to be more transparency in the codes that decide what content gets pushed to the top of our news feed and why twitter ceo actually told employees that the company does not know what you learn most cost and store for the future. so there is a lot of uncertainty about what she will actually end up pursuing as the next days go forward to correspondence to me. so it's gone to their reporting from washington, and we will have more on ella must bind twitter later in the business news with christy plus. now it's turned over to developments in the war and ukraine. russia has launched a string of attacks against railway stations and fuel installations deep inside the country comes after russia's foreign minister said that weapons supplied by western countries would be a quote. legitimate target. moscow has kept up, it's showing of civilian areas in southern and eastern ukraine, a railway stati