Former Twitter CEO and co-founder Jack Dorsey attacked the company's board of directors in a post over the weekend, just days after billionaire Elon Musk offered $43 billion to acquire the business entirely.
Dorsey was responding to the following tweet when he made his remark, “If look into the history of Twitter board, it’s intriguing as I was a witness on its early beginnings, mired in plots and coups, and particularly amongst Twitter’s founding members. I wish if it could be made into a Hollywood thriller one day.”
"What I do know for sure is that this old Silicon Valley proverb is grounded in age-old wisdom that still applies today: Good boards don't create good companies, but a bad board will kill a company every time," Dorsey said in response to venture capitalist Fred Destin.
When questioned subsequently if he was permitted to talk openly like this because he is still on the board of directors, Dorsey replied, "No."
This 'dysfunction' has been on display this week as Twitter has adopted a so-called "poison pill" that basically allows all shareholders, except those attempting to buy out the company, to buy newly offered shares at a reduced price - all in an attempt to prevent a highly profitable deal with Musk.
Now if Musk wants to take over the company, he would have to buy the new shares at a higher price, which he might not be able to afford. Despite creating a significant obstacle in Musk's path, the poison pill would not prevent Musk from purchasing the company; rather, it would make it more difficult.
There's something deeply alarming that the small group of people within Twitter who implemented and now enforce the authoritarian repressive censorship that has plagued the site, have now come into the open and confessed to us all - this business isn't about making a profit.
The core beliefs of Twitter leaders became clear and undeniable when they turned down an offer well above the company's value, because the buyer's belief in free speech would somehow ruin what they worked so hard to built.
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| Twitter CEO Parag Agrawal |
The question now: is the board made up of a majority of mentally disturbed people like new CEO Parag Agrawal? Who immigrated to America as an adult and has since expressed his opinion that rights given to US citizens do not need to be respected on his platform, stating that he's not concerned with Twitter deciding who gets to speak, that doesn't matter when they decide whos speech gets seen.
In other words, opposing opinions are neutralized by Twitter algorithms and human moderation, assuring users never see opinions differing from what Twitter's leadership deems 'the correct opinion'.
Which we must mention, has been a massive disaster as Twitter repeatedly became the world's main disinformation source, ironically by mislabeling true stories disinformation, usually suspending those who told the truth in the process.
Hearing people within Twitter speak with such confidence and conviction about what they're doing while repeatedly failing and becoming what they claim to be fighting, would be funny if it weren't so terrifying.
“If in this case you are not successful in that the board does not accept your offer, you’ve said you won’t go higher, is there a plan B?” Musk was questioned.
"There is" Musk replied, a smile on his face.
But for now, he's not giving any details on what that may be.
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Author: Don Kennedy
New York Newsroom
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| Side By Side Facebook VS Snapchat Smart Glasses |
Now people in 3 states can enjoy what the residents of Silicon Valley and the greater Bay Area have for the last couple years, as now California is joined by Texas and New York to claim a Google Nest, or WiFi smart plug and then get paid monthly cash - all free. Learn more as we review ohmconnect...
Now In Northern and Southern California, Texas, and New York...
No longer just for Silicon Valley - the program is now covering the entire state of CA and recently expanded to Texas and New Yotk!
For CA you need to be a customer of one of the 3 energy providers, PG&E, SDG&E or Southern California Edison - so millions more can now participate!
For the other states you'll have to take a look at the OHMConnect site for more details.
City Mayors Partner With Program To Prevent Blackouts This Summer...
Each participating city will be allotted 25,000 free smart thermostats to be distributed to local households who choose to participate.
Oakland Mayor Schaaf said "OhmConnect has created a win-win-win that works for every household. It's free to sign up for OhmConnect. When you sign up, you'll get a free smart thermostat that will reduce your energy use at times of peak demand. Then you will get paid for these energy savings and you'll decrease your utility bill while helping the state prevent blackouts."
San Jose's Mayor is on board as well, with a positive review from Sam Liccardo saying"OhmConnect's free smart thermostats provide an innovative solution to the catastrophic impacts of blackouts throughout California, by relieving the stress on our electricity grid amid spikes of peak power usage."
"Joining OhmConnect, Fresno residents can actually get paid to save energy. Let's do our part to prevent blackouts - and get paid for doing it!" added Fresno Mayor Dyer.
Then Participants Will Start Receiving Monthy Cash Payments...
OHMConnect has already paid Californian's $14 million to save energy. That's because the program pays residents for saving energy when the grid is at risk of using dirty power.
Rather than having power companies fire up gas or coal backups - users will receive a text message asking them to lower their usage. There's no penalty if they don't - but there's cash if they do.
If you're located in Northern California, you can claim your freebies and join the program at https://ohm.co/GreenCA
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Author: Don Kennedy
New York Newsroom
The trend in internet evolution has been to "decentralize" the internet. Web 1.0 featured company-controlled content, but web 2.0 features company-controlled platforms that host user-generated content. Why shouldn't web 3.0 provide a new platform for content development that is independent of corporate control?
Initially, sites relied on the accuracy of publishers' reputations. Web 2.0 degraded data quality, increasing the effectiveness of misinformation and deception on the internet. Will accuracy checks be included in the agreement to accept machine-managed data in web 3.0? Who makes the choice, what qualifications do they have, and what motivates them to be fact-based rather than pushing an agenda?
Data tampering is a major cybersecurity problem when it comes to data that will be used to train AI...
People can make up inaccurate data to get the outcomes they desire, making AI the largest deception system on the planet. When Microsoft opted to teach their chatbot "Tay" by allowing it to learn from Twitter, fraudulent messages were sent to the computer, training it to be racist.
Consider what a nation-state could do to cause havoc by feeding AI false information or altering word meanings. How will cybersecurity experts identify, block, and erase data intended to deceive?
What happens if our systems rely on data and that data isn't available in Web 3.0?
Today's internet is littered with broken links. Machines will either have to make local copies of everything on the Internet or, as in web 2.0, get material on demand. This could lead to a greater reliance on the availability of systems over which IT staff have little control.
The trend in the evolution of the internet has been to "decentralize" the web. Web 1.0 consisted of company-controlled material, whereas web 2.0 is made up of company-controlled platforms that host user-created content.
Shouldn't web 3.0 give a new platform for content creation that isn't controlled by a corporation?
Ready or not, we will soon see what form web 3/0 will take, and what flaws it will bring with it.
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Alex Benningram
New York Newsroom
The Garmin Fenix 7 is for anyone who enjoys competing and wants to push themselves to new limits, whether it's a cycling sportive, a half marathon, an Ironman, or the grueling sweat of a CrossFit competition. The Fenix 7 doesn't assume you've already figured out a whole training schedule and how to balance work and rest — instead, it provides tools to help you analyze your current fitness level, establish a realistic goal, and train in a way that will help you reach it.
It includes the same powerful workout tracking and training tools that helped the Fenix 6 become the best multi-sports watch in 2019, as well as some new features that make it more accessible to new users.
The addition of a touchscreen is the most evident enhancement here. The watch retains the five physical buttons found on prior Fenix watches (including a newly reinforced start button), but it's a tremendous assistance when it comes to panning through maps. However, it's been done with caution; the screen is locked by default during workouts to prevent accidental button presses, and Fenix purists may turn off touch completely if they choose.
It includes the same powerful workout tracking and training tools that helped the Fenix 6 become the best multi-sports watch in 2019, as well as some new features that make it more accessible to new users.
The addition of a touchscreen is the most evident enhancement here. The watch retains the five physical buttons found on prior Fenix watches (including a newly reinforced start button), but it's a tremendous assistance when it comes to panning through maps. However, it's been done with caution; the screen is locked by default during workouts to prevent accidental button presses, and Fenix purists may turn off touch completely if they choose.
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Author: Micha Chan
San Diego Newsroom
Is the newcomers at Webull, hoping that their offer of 4 free stocks worth up to $6300 for new users wild o the trick.
Yes, this is the same company that was doing 2 free stocks a few weeks ago, they have indeed doubled it.
Their competition Robinhood still only gives 1 stock, and limits it's value at just $200.
It's War for the #1 Spot Among Stock Apps...
Now offering 3 free stocks to new users who join via special invite links like this one, this is double the free stock giveaways that competitors offer.
Team's Review Conclusion: This Actually Is The Better App...
Webull feels like it has all the power features other apps lacked, there's much more data available, but remains user friendly.
It's worth trying, especially if they're giving you 4 stocks to do so. So head on over to Webull's site and claim yours! It's extremely simple to use, and most people will learn the basics of using it within a day.
Once you've learned the basics, and the amount of money you have invested rises, you want more. You want more details on the companies, in-depth charts, more data on the market, etc.
There's an almost endless list of features and tools to learn.
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Author: Don Kennedy
Austin Newsdesk | Webull Review
