Brazil election: Social media content crafted for disruption | Elections

From: The Listening Submit

Brazil’s presidential candidates are combating pitched digital battles forward of the election. Plus, Nicaragua’s hostile media area.

In Brazil’s upcoming election, President Jair Bolsonaro shouldn’t be taking place with out a struggle. He has raised the prospect of electoral fraud, used outdated tips from his media playbook to unfold disinformation, and whereas the general public is extra attuned to those risks now than it was in 2018, there may be nonetheless rather a lot at stake.

Contributors:
Natalia Leal – CEO, Agencia Lupa
Luciana Coelho – Deputy managing editor, Folha de São Paulo
Juliana dal Piva – Columnist, UOL
Natalia Viana – Host, The Secret Lifetime of Jair podcast

On our radar:

At a time when 1000’s of Russian males are fleeing the nation for concern of being drafted and deployed to Ukraine, American whistleblower Edward Snowden has been granted citizenship. Producer Meenakshi Ravi seems again at Snowden’s journey that started nearly a decade in the past.

Nicaragua’s scattered journalists

Below President Daniel Ortega, as soon as a socialist revolutionary, Nicaragua has turn out to be a dwelling hell for journalists; arbitrary arrests, harassment and loss of life threats have turn out to be the day-to-day norm. Producer Tariq Nafi seems into Nicaragua’s nightmarish media surroundings and the journalists persevering with to indicate resistance.

Contributors:
Freelance Journalist, Nicaragua
Carlos Fernando Chamorro – Journalist and founder, Confidencial
Bianca Jagger – Human rights advocate

US judge sets October trial date for Twitter, Musk legal battle | Social Media News

Twitter pushed for a fast-tracked trial, saying Elon Musk’s effort to terminate $44bn deal to purchase the corporate damage its worth.

A choose in america has set an October trial date for the looming authorized battle between Twitter and Elon Musk, after the social media large accused the Tesla CEO of smearing its popularity and decreasing its worth.

The listening to on Tuesday centred on Twitter’s push to set a trial date for as early as September in a case centered on Musk’s try and stroll away from a $44bn settlement to buy the corporate.

“Delay threatens irreparable hurt,” mentioned Chancellor Kathaleen McCormick of Delaware’s Court docket of Chancery, which handles many high-profile enterprise disputes. “The longer the delay, the better the danger.”

The San Francisco-based firm is in search of to resolve months of uncertainty for its enterprise as Musk tries to desert the takeover, alleging Twitter misled him concerning the tally of faux accounts on the platform.

Musk introduced that he was terminating the deal earlier this month, however Twitter has sought to carry him to it, saying he “knowingly, deliberately, willfully, and materially breached the settlement”.

Twitter has requested McCormick of Delaware’s Court docket of Chancery to search out Musk breached the settlement and to order him to finish the deal on the agreed value of $54.20 per share.

The corporate’s worth dropped to $32.65 per share final week, erasing almost $3bn in worth. It was buying and selling at about $39.16 on Tuesday morning, up about 2 % and close to the very best degree since Musk mentioned he was strolling away.

Twitter wished an expedited trial in September as a result of it mentioned Musk is smearing Twitter and undermining operations by refusing to approve enterprise initiatives, resembling an worker retention plan.

“It’s tried sabotage. He’s doing his finest to run Twitter down,” William Savitt, a lawyer for Twitter, mentioned throughout Tuesday’s listening to, which was held just about after McCormick mentioned she examined optimistic for COVID-19.

The corporate mentioned adopting Musk’s “sluggish stroll” proposal for a 2023 trial – his authorized staff had proposed a mid-February begin date – left little time for extra litigation over deal financing if Musk is ordered to shut. The deal financing expires in April.

However Musk on Friday accused Twitter of in search of a “warp velocity” trial to “railroad” him into shopping for the corporate.

McCormick mentioned on Tuesday that his authorized staff had underestimated the court docket’s skill to “shortly course of advanced litigation”. She requested the events to work out the schedule for the trial, which she set at 5 days.

Since agreeing in April to purchase Twitter, Musk has questioned whether or not the corporate misled regulators about pretend accounts and bots on the platform.

A lawyer for Musk on Tuesday blamed Twitter for dragging its toes in responding to requests for info concerning the strategies for calculating the variety of spam accounts and he mentioned an expedited trial will forestall the reality from coming to gentle.

“When Mr Musk began asking questions, the solutions he acquired had been alarming,” mentioned Andrew Rossman, Musk’s lawyer, including that it’s going to take months to analyse huge quantities of information to resolve questions on Twitter’s spam accounts.

Rossman additionally rejected Twitter’s argument that his consumer was attempting to break the corporate as “preposterous. He has little interest in damaging the corporate,” mentioned Rossman, noting that Musk is Twitter’s second largest shareholder with a far bigger stake than the whole board.

Somewhat than Silicon Valley, the place Twitter is predicated, the corporate has lodged its lawsuit towards Musk in Delaware.

The agency is integrated within the tiny state like scores of different firms, and the case will occur within the Delaware Chancery Court docket that has deep expertise in enterprise disputes.

Elon Musk says he is terminating $44bn Twitter deal | Social Media News

Twitter’s chairman says the social media platform will take authorized motion to implement the settlement.

Elon Musk has stated he’s terminating a $44bn deal to purchase Twitter, saying the social media firm didn’t present details about pretend or spam accounts on the platform.

In a submitting to the Safety and Change Fee (SEC) on Friday, Musk’s attorneys stated Twitter had failed or refused to reply to a number of requests for data on these accounts, which is key to the corporate’s enterprise efficiency.

“Generally Twitter has ignored Mr. Musk’s requests, generally it has rejected them for causes that seem like unjustified, and generally it has claimed to conform whereas giving Mr. Musk incomplete or unusable data,” the submitting reads.

“Twitter is in materials breach of a number of provisions of that Settlement, seems to have made false and deceptive representations upon which Mr. Musk relied when getting into into the Merger Settlement,” it additionally stated.

Twitter didn’t instantly reply to requests for remark from The Related Press and Reuters information companies.

The corporate’s chairman, Bret Taylor, tweeted on Friday night that, “the Twitter Board is dedicated to closing the transaction on the value and phrases agreed upon with Mr. Musk and plans to pursue authorized motion to implement the merger settlement”.

The phrases of the deal require Musk, the CEO of Tesla, to pay a $1bn break-up price if he doesn’t full the transaction.

The board unanimously agreed to promote the platform to Musk for $44bn in April, in a deal that stirred controversy and questions on free speech and misinformation on the favored social media platform.

The settlement’s doable unravelling is simply the newest twist in a saga between one of many world’s richest males and one of the crucial influential social media websites.

A lot of the drama has performed out on Twitter, with Musk, who has greater than 95 million followers, lamenting that the corporate was failing to reside as much as its potential as a platform without cost speech.

Final month, Twitter allowed Musk entry to its “firehose”, a repository of uncooked information on lots of of tens of millions of every day tweets.

The corporate stated at the moment that it meant to shut the deal on the agreed value and phrases. “Twitter has and can proceed to cooperatively share data with Musk to consummate the transaction in accordance with the phrases of the merger settlement,” it stated in an announcement.

In Might, Twitter CEO Parag Agrawal stated the social media community estimates that fewer than 5 p.c of all its customers are pretend.

However in a collection of tweets, he highlighted the problem of hunting down actual folks from bots and accounts getting used for spam campaigns.

“The laborious problem is that many accounts which look pretend superficially – are literally actual folks,” he wrote. “And a few of the spam accounts which are literally probably the most harmful – and trigger probably the most hurt to our customers – can look completely authentic on the floor.”

Daniel Ives, an analyst at Wedbush funding agency, stated Musk’s submitting on Friday was unhealthy information for Twitter.

“This can be a catastrophe situation for Twitter and its Board as now the corporate will battle Musk in an elongated courtroom battle to recoup the deal and/or the breakup price of $1 billion at a minimal,” he wrote in a observe to shoppers.

A Toxic Feed: Social media and teen mental health | Social Media

From: Fault Lines

Fault Strains investigates whether or not social media exacerbates America’s youth psychological well being disaster.

In 2021, a whistleblower inside Fb disclosed a trove of paperwork exhibiting that the corporate had studied its personal platforms’ poisonous results on teen ladies.

The revelations struck a chord with Hillary Hamilton, a mom in Colorado who spent greater than a 12 months investigating whether or not social media could have contributed to her daughter’s dying by suicide in 2020.

For years, researchers have linked consuming issues, physique picture points, and different psychological well being issues with the enterprise mannequin powering social media. Corporations use laptop algorithms to hook customers into spending ever extra time on their platforms, after which use that knowledge to promote ads. Now Hamilton and younger folks themselves are calling for better regulation of the business.

Fault Strains examines the impact of social media on the psychological well being of youngsters.

Musk’s #TwitterTakeover: What next for the ‘digital town square’? | Social Media

From: The Listening Post

One of many world’s richest males and ‘free speech absolutist’ Musk acquires Twitter, prompting debates over the way forward for the platform. Plus, Mexican journalists in peril.

Elon Musk is closing in on shopping for Twitter for $44bn, taking management of a platform the place everybody appears indignant about one thing. It’s not but clear if the billionaire is aware of simply what he’s entering into.

Contributors:
Rasha Abdul-Rahim – Director, Amnesty Tech
Abe Brown – Senior editor, Forbes
Evan Greer – Director, Struggle for the Future
Edward Ongweso Jr – Employees author, Motherboard
Shadma Shaikh – Co-founder, FactorDaily

On our radar:

Newbie hour: The Kremlin accuses its adversaries of plotting to kill a Russian journalist however the proof doesn’t add up. Producer Johanna Hoes on Putin’s weird allegations.

Mexican journalism – a combat to the demise:

Journalism, on the run. Mexico, its tradition of violence towards reporters who’re killed, with impunity.

Contributors:
Andrés Manuel López Obrador – President of Mexico
Reyna Haydee Ramírez – Journalist & co-founder, Purple Sonora de Periodistas
Ana Cristina Ruelas – Former director, Article 19, Mexico and Central America & Researcher, El Colegio de México A C Seminar on Violence and Peace

Will Elon Musk take over Twitter? | Social Media News

Video Period 24 minutes 45 seconds

From: Inside Story

The American billionaire has made a controversial $43bn supply, however faces many hurdles to accumulate the social media behemoth.

Twitter’s board has armed itself in opposition to a potential takeover after Elon Musk, the world’s richest man, mentioned he needs to purchase the social media large.

The billionaire has made a suggestion of $43bn. In line with Musk, Twitter must be taken personal to develop and turn out to be a platform at no cost speech. However the Twitter board is combating again.

It has adopted a so-called “poison pill” plan that can forestall anybody from proudly owning greater than a 15 % stake within the firm.

What’s driving Musk’s quest to personal Twitter? And what would a potential takeover imply for this platform?

Presenter: Kim Vinnell

Company:

Tim Hubbard – assistant professor of administration, College of Notre Dame’s Mendoza Faculty of Enterprise

Jim Anderson – social media sector lead at Glasswing Ventures

William Cohan – founding father of Puck information; former mergers and acquisitions funding banker