The Horn News

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Jen Psaki didn’t like this question

On Monday, Tesla CEO Elon Musk successfully negotiated a deal to buy Twitter, according to a bombshell report by the Wall Street Journal. Now a privately owned company, Twitter may or may not reinstate the account of former President Donald Trump after banning him in January 2021. Not everyone is happy… Read More

Skepticism remains over Musk’s ability to execute Twitter plans

Tesla CEO Elon Musk stands to be the next owner of Twitter, having pledged roughly $44 billion to buy the social platform and take it private. Assuming that happens, next up on his agenda will be planning how to fulfill his promises to develop new Twitter features, open its algorithm… Read More

Once CEO, now ‘Block Head’: Twitter’s Jack Dorsey takes new title

Technology entrepreneur and former Twitter CEO Jack Dorsey has a new title: Block Head. A regulatory disclosure Friday from digital payments company Block Inc. says that its co-founder Dorsey is changing his role from Block’s CEO, president and chairperson to “Block Head and Chairperson,” effective immediately. Sponsored: [Study] Reverse COPD… Read More

Judge finds Trump in contempt of court

A New York judge found former President Donald Trump in contempt of court and set in motion $10,000 daily fines Monday. The judge claimed Trump failed to adequately respond to a subpoena issued by the state’s attorney general as part of a civil investigation into his business. Judge Arthur Engoron… Read More

Elon Musk reaches deal to buy Twitter

Elon Musk’s bid to buy Twitter has succeded and should be announced as early as Monday, according to media reports about the social media company’s late-stage negotiations with the Tesla CEO, who has offered more than $40 billion to privatize the platform and pledged to be more lenient when it… Read More

Intelligence report finds 600 Chinese bot on Twitter

A U.S.-based intelligence company says it uncovered a network of more than 600 inauthentic Twitter accounts that spread a positive narrative of China’s far-western Xinjiang region, as Beijing was being accused of human rights abuses and locking up hundreds of thousands of Uyghurs and other ethnic minorities there. According to… Read More

Musk says he has $46.5B ready to buy Twitter

Elon Musk says he has lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal. Last week, Musk announced an offer to buy the social media platform for $54.20 per share, or about $43 billion. At the time, he did not… Read More

Biden’s proposed ban on menthols prompts late lobbying blitz

As federal officials finalize a long-awaited plan to ban menthol cigarettes, dozens of interest groups have met with White House staffers to try to influence the process, which has the potential to save hundreds of thousands of lives while wiping out billions in tobacco sales. Biden administration officials have heard… Read More

‘Front loading’: Fed signals sharp rate hike next month

The Federal Reserve must move faster than it has in the past to rein in high inflation, Chair Jerome Powell said Thursday, signaling that sharp interest rate increases are likely in the coming months, beginning at the Fed’s next policy meeting in May. In a panel discussion held by the… Read More

Airlines report profit rebound… but demand not back to normal

U.S. airlines say they have hit a turning point: After a lousy first quarter, they expect to be profitable as Americans return to travel in the biggest numbers since the start of the pandemic. American Airlines is the latest carrier to give a rosy outlook for the rest of 2022…. Read More