This WSJ piece shows how fluid the situation is: “Allies of the president reached out to Microsoft Saturday evening, urging it to post a simple, positive message on Twitter signaling that Microsoft wanted to help keep TikTok alive, and in American hands.”
“These people told the company the president was warming to a deal and urged Microsoft officials to seize the opportunity.”
??? “The proposed transaction gained the blessing of senior Trump officials, including Treasury Secretary Steven Mnuchin, who saw value in an American company getting access to sophisticated TikTok algorithms that decide what videos users are served.”
Key detail that may move needle “prominent TikTok account..young conservatives, called Conservative-HypeHouse, posted to the platform pointing to seven billion views the hashtag #Trump2020 has received on TikTok [versus] 900,000 views #Biden2020 has received.”
NYTimes with more detail. White House internal infighting/deliberation by getting others to Tweet is incredible: "Several .. including .. Steven Mnuchin, reached out to Senator Lindsey Graham, Republican of South Carolina .. to ask him to intervene." nytimes.com/2020/08/02/bus…
NYTimes: "After speaking with Microsoft officials a few times, Mr. Graham eventually tweeted about the deal ... The tweet caught Mr. Trump’s eye, prompting a call between the two in which Mr. Graham told the president .. he stressed the political risks of banning the app."
NYTimes: "On Sunday, Mr. Trump spoke with Microsoft officials after becoming convinced that he was heading off a political issue and solving a security risk"
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Lol at FinTwit bashing David Tepper this morning. Tepper's default settings are long and way super net long, so when he is shorting the market it's a big deal barrons.com/articles/stock…
David Tepper on CNBC: "People think too much." "It's going to be difficult for things to go up right now." Fed and ECB "are going to keep rates high for a while."
The Tepper subtweets on here are ridiculous. Here are just a couple examples: 1. Tepper had one of the all time great macro calls buying banks following the financial crisis. 2. He told everyone through Jim Cramer he was getting nervous about market on COVID right before meltdown
A few hours since the new Twitter Blue has gone live: I’ve been followed by an Onlyfans blue check mark (follow spam), the Verified mentions are now filled with meme stock accounts, and my feed is filled with stuff like this
The silly thing is more than 1,600 people RT-ed the fake blue check mark Nintendo tweet on purpose. Blue check marks for all are not ideal for brand advertisers' safety
Sounds like Sequoia partners were mesmerized from beginning & had blinders on. If I found out a founder was playing a videogame at same time while raising money, I would say that’s a red flag that he didn’t care about investors capital - def not something to get excited about
The big question is, however, will @StephenKing get an "official" label?
Can we be clear now in ALL our writeups when using the word "verification" for Twitter Blue stories, the readers know it is NOT identity verification? The word itself is super misleading probably on purpose. Thanks. Big pet peeve.
FedEx missing Q2 earnings estimates by 50% is not a great sign for the global economy
"FedEx Express results were particularly impacted by macroeconomic weakness in Asia and service challenges in Europe .. Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S." investors.fedex.com/news-and-event…
"We’re seeing that volume decline in every segment around the world .. The weekly numbers are not looking so good" "FedEx CEO says he expects the economy to enter a ‘worldwide recession’" cnbc.com/2022/09/15/fed…