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Elon Musk’s ‘Pending’ Twitter Deal: Another Savior’s Promise?

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Elon Musk may not deliver On the Twitter takeover he promised after all.

It’s not the first time he’s abruptly shortened, backed down, or changed course after making a grandiose promise of innovation. In fact, it’s not the first time he’s done this in the past six weeks, during this specific set of negotiations with Twitter.

For Musk — serial entrepreneur, controversial celebrity, ultimate cyber-flyer and the world’s richest man by some counts — he suddenly hit the brakes. Technology acquisition worth $44 billion With a vague tweet, well, just another Friday.

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“Twitter deal temporarily on hold Pending account details back that fake/fake accounts already account for less than 5% of users,” Tesla and SpaceX CEO Books early Friday morning In a post on the social network he was destined to buy it in another way. Attached is a link to an article published by Reuters 11 days ago detailing how the platform’s current administration recently linked the proliferation of spam accounts – a pet issue for Musk and one of them. He hinted that he would deal with it If the app is taken private – at less than 5% of daily active users who can monetize.

More than two hours later, he replies to himself: “He’s still committed to the acquisition.”

Twitter shares tumbled to nearly $40, indicating strong doubt on Wall Street that the deal will ever go away. Meanwhile, shares in Tesla jumped 7%, to $786.50, having fallen more than 25% from the time Musk began selling $8 billion in the company to fund the Twitter deal.

Musk’s issue with Twitter has been marked by reversals and false starts from the start. When it was revealed on April 4th acquired a 9% stake In the social network, this seems to be the extent to which he is involved; He was presented, after all, as a passive investor, which means he was prevented by US securities law from pursuing control of the company.

However, two days later, he Submit an update: In fact, he would be an active investor after all.

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To further complicate matters, Musk’s initial acquisition was soon followed by gossip from both Twitter CEO Parag Agrawal that Musk would be. Join the company’s board of directors (and capped his stake at 14.9% in the process).

“I’m excited to share that [Musk] To our board! Agrawal tweeted, to which Musk replied: “I look forward to working with him [Agrawal and the] Twitter board! “

or not. By April 11 Musk came out.

By the time finally catch He made his big move – Attempt to make Twitter private at $54.20 per share – It wasn’t clear what his plan was, or if he had one. Analysts were skeptical that the bid would lead anywhere, as traders would, with the shares remaining well below the bid price. Maybe it was musk, too. “I’m not sure I’ll actually be able to get it,” he said during an interview at a TED conference.

But by April 25 – the same month he first announced his 9% stake – Twitter’s board approved the offer. Agrawal assured the staff that the layoff was not planned; Analysts start thinking About what this means for digital speech; Musk said he would allow former President Trump, who is currently banned, to do so counting in the application.

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Now all this is on hold. second. (Twitter declined to comment, and Musk does not have a press office.)

Unless Musk’s tweet is another hoax. Bloomberg financial columnist Matt Levine wrote Friday that the “temporary suspension” is “nothing,” noting that it might have been a gambit to force Twitter to renegotiate at a lower rate or risk an ugly legal battle.

For observers of musk and musk, these are familiar cycles.

Here is a partial list of the promises and predictions that Musk failed to keep:

Tesla semi truck

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On November 11, 2017, Musk announced that Tesla would build an electric semi-truck, rolling out strict specifications regarding efficiency and range. The company began receiving deposits from potential customers. Five years later, Tesla has not announced any firm plan to build and deliver semi-trucks.

Tesla pickup truck

On the same day, Musk announced that Tesla would sell a pickup truck, which he said later claimed, It would be “a truck better than an equivalent F-150 and a sports car better than any normal car [Porsche] 911.” The company has been taking deposits on what it calls Cybertruck since 2019. Until now, The car with weird angles It’s only present in the prototype, though Musk recently said the company plans to start production next year in Austin, Texas.

New Roadster

As an added surprise at the semi-truck event, which was held at SpaceX’s headquarters in Hawthorne, an attractive sports car called the Roadster was driven in front of a crowd that included Amber Heard, Musk’s friend at the time. Musk later said that the car – a radical update to the first Tesla Model that was shown in 2008 – might be. Powered by jet engines That would allow her to fly. The company started by accepting $250,000 in deposits. Although the musk will continue send a roadster into space, So far, no plans to actually build and sell the car have been announced.

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Network of independent taxis

In April 2019, Musk told a Wall Street audience that there would be 1 One Million Autonomous Tesla Robotics Published by 2020. Although competitors like Waymo and Cruise have launched limited-scale robotaxi networks, Tesla has done nothing of the sort.

fully self-driving

In 2016, Tesla began selling a feature called fully self-driving which, six years later, is still not capable of fully autonomous driving. It costs $12,000 a year.

brain chips

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Musk has said in several different places that his brain-chip company Neuralink could one day stop epileptic seizures, restore limb function, fix speech impediments, treat Alzheimer’s disease and bring sight to the blind. The company has not announced any serious progress in any of these claims, and neuroscience experts have announced it suspicious about how realistic they are. However, earlier this year, the company admitted that eight monkeys had died while experimenting with brain chips.

and others

Musk’s long list of unfulfilled promises and unaccountable predictions includes: an entire network of solar-powered supercharger stations; Store backup battery at Supercharger locations affected by power outages caused by the California wildfires; Production of 1000 solar roofs per week; 1 hour response time for body work in Tesla service centers; a solar battery factory in Nevada; Tunnels with vehicles on electric skates that can transport fans to Dodger games at 150 mph; And recently, a Humanoid robotic creature To be presented “hopefully next year”.

Then, of course, there was the infamous Mask allegation that had legal effect “Finance Guaranteed” To make Tesla special in 2018 at $420 a share. If the Twitter deal proves to be vaporware, that episode will resemble a form of unintended prophecy.



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Screenshots made by an AI director from a fake movie rage Twitter

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Scofield soon realizes that he is not alone. A small cadre of movie-obsessed artists and artists have harnessed the power of generative AI tools to reimagine classic films – or create entirely new ones – from some of the world’s most iconic names. In December, creator Johnny Darrell went viral Jodorowsky You see, a reimagining of the classic film under the eyes of groundbreaking director Alejandro Jodorowski. Inspired by Darrell, Washington-based Rob Sheridan, former art director of Nine Inch Nails, used artificial intelligence to create Jodorowsky Fraser.

Sheridan, 42, calls this AI-powered movement “The New Unreal.” Practitioners include a painter based in New Zealand Create a western space on Instagram and a sculptor from Austin, Texas, Making fake sci-fi TV shows. Another content creator from India is using AI image generators to create his own rich font Sci-fi with a Southeast Asian flavor.

“We’re starting to see this technology as something like a dream engine, leveraging a kind of distorted visual awareness to explore things that never were, never will be, never could be,” Sheridan said. “They hit you in a weird way, because they feel like They are very reasonable.”

Scofield said he didn’t know why his Cronenberg business was catching fire so quickly. He’s posted several previous experiments on Imgur, Reddit, and Twitter, all of which only got between 50 and 100 likes. “The intention was not to create a clickbait site, but I think it turned into that,” he said. “A lot of people were reposting it and saying, This is terrible. This man does not understand Cronenberg at all.Each time they did, it spread further and incited another wave of criticism, which incited another, and another, and another.

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Schoefield said the text of his tweet — simply “David Cronenberg’s Galaxy of Flesh (1985)” — could give the false impression that he was trying to deceive Twitter. “There is no real intent behind this title yet, Oh yeah, looks like that could be it,” he said. “But he seemed to really impress people, and I think someone like Cronenberg might be famous enough to have a fanbase.

He continued, “There are a lot of people who have opinions about what Cronenberg’s aesthetics are and what they are not, and what a bad interpretation of his style is.” He fears that people will think he is trying to reduce Cronenberg’s work to mere physical horror.

The frames themselves were created by giving Midjourney a “DVD screen” prompt of various scenes from the film The empire strikes. Then it was like: Everything is made of skin, joints, tendons, nerves, umbilical cords, stomach, and arteriesSchofield added.

Getting a photo creator to make blood was hard — like getting Cronenberg style. “You can’t even write ‘Cronenberg’ in Midjourney,” Scofield said. (Sheridan thinks it’s because of him: He made a series of Cronenberg-inspired photos for the Met Gala in May, and Soon after, the term “Cronenberg” was banned from the tool.)



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We used AI to write articles about CNET writing with AI

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Technology news site CNET discovered that he uses artificial intelligence (AI) to write articles about personal finance without any prior advertising or explanation. The articles, which numbered 73, covered topics such as What is Zelle and how does it work?“And it has a small disclaimer at the bottom of every read” This article was created using automation technology and has been carefully edited and fact-checked by an editor on our editorial team. The subheadings in these articles read “CNET Money Staff” generated by artificial intelligence.

The use of AI to write these articles was first revealed by a Twitter user, and further investigation revealed that the articles had been created using AI since November 2022. The extent and form of AI currently used by CNET is not known as the company did not respond to questions about their use for artificial intelligence.

The use of AI in journalism raises questions about the transparency and ethics of this practice as well as the potential impact on the veracity and accuracy of news. In addition, it also raises concerns about the implications it may have on SEO and Google searches. The lack of response from CNET regarding their use of AI in writing articles has heightened concerns and sparked a broader discussion about the future of journalism and AI’s role in it.

Note: This entire article was written by ChatGPT and reviewed by a human editor. (In fact, we had to rewrite the prompt several times to get it to stop throwing real-world errors. Also, CNET did not respond to a human journalist’s request for comment.)

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Elon Musk has officially lost more private money than anyone else in history

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Bill Buckner. Justin Guarini. Everyone who “ran” against Vladimir Putin. Now Elon Musk has joined the ranks of the biggest losers in history. the Awarded by the Guinness Book of World Records CEO of Tesla, SpaceX, and Twitter, a record-breaking loss of personal wealth. Forbes has estimated that in the past year or so, Musk’s wealth has declined by $182 billion.

In November 2021, Musk’s wealth peaked at nearly $320 billion, making him the richest man in the world. Most of that, however, was Tesla stock, which has plummeted in value through 2022. His October 2022 purchase of Twitter for $44 billion — which he financed with some of his Tesla stock — also caused a huge buzz in his bottom line.

In December, Musk’s losses stripped off His top of Forbes existingAnd the title of the richest person in the world went to Bernard Arnault from the LVMH Group, which owns such luxury brands as Louis Vuitton, Dior and Sephora. Forbes noted That many other billionaires will take big losses in 2022, when technology stocks will be hit hard. Jeff Bezos lost $85 billion, and Mark Zuckerberg saw $77 billion of his wealth disappear.

The previous world record for largest loss of personal wealth was held by Masayoshi Son, CEO of Softbank, who lost more than $59 billion during the dot-com crash of 2000. Today, Son is ranked 67th on Forbes’ list of billionaires.

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