Author: Press Room

Elon Musk has completed his $44 billion deal to buy Twitter, a source familiar with the deal told CNN Thursday, putting the world’s richest man in charge of one of the world’s most influential social media platforms. Musk fired CEO Parag Agrawal and two other executives, according to two people familiar with the decision. Twitter declined to comment. The deal’s closing removes a cloud of uncertainty that has hung over Twitter’s business, employees and shareholders for much of the year. After initially agreeing to buy the company in April, Musk spent months attempting to get out of the deal, first…

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Rock ‘n’ roll all night — and then pamper yourself with an array of products that will lull you into sleepy time bliss. This week, celebrities are all about a hard-partying musical — the long-awaited Almost Famous, based on the ’90s cult classic — juxtaposed with a variety of self-care products that will help combat even the most stubborn undereye bags. Even if you don’t know every line to Stillwater’s “Fever Dog,” fans love Almost Famous, the movie, for its portrayal of fandom, band dynamics, drama and of course, Penny Lane, the fur coat-fitted character made famous by Kate Hudson.…

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Elon Musk has closed his $44bn deal for Twitter, according to three people familiar with the matter, bringing an end to the one of the most high-profile and dramatic buyout sagas in recent memory after months of legal wrangling between the world’s richest man and the social media platform.Twitter’s chief executive, Parag Agrawal, and chief financial officer Ned Segal are no longer with the company, two of the people said, as billionaire entrepreneur Musk now takes the reins. Twitter shares will be suspended from trading on the NYSE on Friday, according to the stock exchange’s website. It concludes an acquisition…

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November is only a few days away, which means the return of the poppy campaign honouring our armed forces veterans. On Thursday morning in Kelowna, B.C., veterans, the public and members of the legion gathered to put on their poppies for the first time this year, marking the start of the 2022 fundraising campaign.“The people in Kelowna that donate so much all the time to the poppy campaign get it back to help their hospitals, hospice, homes, veterans or families, bursaries. It’s very important to us,” said Darlene McCaffery, Kelowna Legion president.The Kelowna Legion has over 700 members and they…

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Parts of Shanghai have faced intermittent restrictions on business due to Covid controls, even after a broader two-month lockdown ended in June.Vcg | Visual China Group | Getty ImagesBEIJING — Nearly twice as many U.S. companies cut their investment in China this year versus last year, the American Chamber of Commerce in Shanghai found in its latest survey, released Friday.For 2022, 19% of respondents said they were cutting investment in China, up from 10% in 2021, the report said.The top reasons for doing so were Covid-related shutdowns, travel restrictions and supply chain disruptions, survey respondents said.”Confidence has been shaken,” the…

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A burglary suspect jumped into a pond in Tulsa, Oklahoma, as he ran from police in the early hours of Thursday morning and drowned, according to police. Officers were called to an apartment complex’s clubhouse in east Tulsa about a potential break-in at about 4:30 a.m. and found a shattered front door.  The suspect had apparently stripped off his wet clothing and was found naked inside an office area, where he was taken into custody. “As officers were continuing their investigation, the suspect made a break for it, kicked open the back door of the clubhouse, then jumped over the patio railing…

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CNN  —  Second gentleman Doug Emhoff talked candidly about masculinity in a new exclusive interview with CNN, detailing how he approaches his role in the administration – a position that had never before been held by a man – and how he wants to set an example for men who may follow him. “I’ll be giving speeches and one of the things I say is ‘Men need to support women,’” Emhoff told CNN’s Dana Bash in a clip of an interview that aired Thursday on CNN’s “Anderson Cooper 360.” “One, it’s the right thing to do and then men, OK,…

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SpaceX Chief Engineer Elon Musk takes part in a joint news conference with T-Mobile CEO Mike Sievert (not pictured) at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022.Adrees Latif | ReutersTesla CEO Elon Musk is now in charge of Twitter, CNBC has learned.Twitter CEO Parag Agrawal and finance chief Ned Segal have left the company’s San Francisco headquarters and will not be returning, sources said.  Vijaya Gadde, the head of legal policy, trust, and safety was also fired, the Washington Post reported.Musk had until Friday to complete his $44 billion acquisition of Twitter or face a court battle…

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