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Musk Hits Brakes on $44B Twitter Deal, but Is 'Still Committed to Acquisition'

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Elon Musk, founder, CEO, and chief engineer/designer of SpaceX, jokes with reporters as he pretends to search for an answer to a question on a cellphone at the Kennedy Space Center in Cape Canaveral, Florida, on Jan. 19, 2020. (AP) Elon Musk on Friday put his $44 billion deal for Twitter Inc. temporarily on hold, citing pending details in support of calculation that spam and fake accounts indeed represent less than 5% of users. "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk  said in a tweet . Twitter shares fell 17.7% to $37.10 in premarket trading, their lowest level since Musk disclosed his stake in the company in early April and subsequently made a "best and final" offer to take it private for $54.20 per share. Meanwhile, Tesla shares, against which Musk has secured $6.25 billion in funding for the acquisition, were up about 5%. In his latest tweet, Musk referred to

Jonathan submits APC forms Friday, Emefiele shuns resignation calls

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Ex-president Goodluck Jonathan Former President Goodluck Jonathan’s backers in the All Progressives Congress on Thursday pressed on with the moves to field the ex-President as the APC’s consensus presidential candidate. The Fulani group, which on Monday obtained the APC’s N100m presidential nomination and expression of interest forms for Jonathan,  said on Thursday that it would submit the forms on Friday. The group stated this as three presidential appointees on Thursday challenged the directive of the President, Major General Muhammadu Buhari (retd.), that all political appointees contesting the 2023 elections should resign. Also, there were indications on Thursday that the Central Bank of Nigeria, Godwin Emefiele, would not heed the call for him to resign before the APC presidential primary scheduled for  May 30. His lawyer,  Mike Ozekhome (SAN),  told  The PUNCH  that if the CBN Governor was going to resign, he would only do so 30 days before the 2023 elections. The Minister of Inf

University unions turned down FG plea to re-open schools

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—Says nothing concrete to warrant suspension of strike THE tripartite plus meeting convened by the Federal Government with the striking university based unions last night ended without any concrete agreement for the workers to go back to work. In fact, the four university based unions that are on strike rebuffed all the government plea for them to suspend the strike while efforts are made to address the contentious issues.. At the meeting between the federal government team, the Academic Staff Union of Universities, ASUU, theSenior Staff Association of Nigerian Universities, SSANU, the Non-Acasemic Staff Union of Educational Institutions, NASU and the National Association of Academic Technologists, NAAT, as well as identified interest groups and Civil society organizations, over the on-going industrial actions in the Universities was held at the Banquet Hall of the Presidential Villa in Abuja, It was meant to prevail on the striking workers to accept a deal of calling off their strike

2023: Let Nigerians have heart attack, says Emefiele after meeting Buhari

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The Central Bank Governor, Mr Godwin Emefiele, said his fate is still being decided as regards the controversy surrounding his rumoured presidential bid. When newsmen approached him on Thursday after meeting with the President, Major General Muhammadu Buhari (retd.),  in Abuja with the notion that his current position as a presidential aspirant and the CBN governor is a major point of concern for Nigerians and even the international community, Emefiele replied, “Let them have heart attacks. It’s good to have a heart attack.” This is as he said that despite the current outrage by Nigerians, the main opposition, Peoples Democratic Party, and the international community, he is “having fun.” Emefiele’s assertion comes barely 24 hours after the President ordered members of his cabinet vying for various elective positions to resign on or before May 16, 2022. Also, a  circular  signed by the Secretary to the Government of the Federation, Boss Mustapha, with reference number SGF/OP/ I/S.3/XII/

Nigerian Army Murdered Ochendo and his Wife in Ozubulu, Nnewi

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The Nigerian army have developed a new tactice in their daily killings in Igbo land. They have decided to wipe out every native doctors in Imo and Anambra states. Following the dreaded killing of over 50 soldiers in the shrine stead of Alusi Ogidi by the shrine spirit, the Nigerian army have resumed another manhunt.  This time, the manhunt is for native doctors.  Following this decision by the Nigerian army, Ochendo, a native doctors based in Ozubulu in Nnewi of Anambra State had just been murdered alongside his wife. Reports have it that the Nigerian army went to Ozubulu in the night of Tuesday, 11th May, 2022 and seperated the dibia from his wife and shot him to dead. The same band of killer soldiers went back to the bedroom and killed the man's wife. The claim Nigerian army have for killing this innocent souls was that the dibia makes charm for Unknown gunmen even when there was no evidence anywhere that he did so. The world should be put on notice that the Nigerian Fulani leade

Techno Fog: Fusion GPS Loses Fight to Keep “Privileged” Documents From Special Prosecutor John Durham

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We’ve documented the ongoing battle to obtain Fusion GPS e-mails and documents in the Michael Sussmann case. At issue in the Sussmann case are 38 e-mails and attachments between and among Fusion GPS, Rodney Joffe, and Perkins Coie. These 38 e-mails and attachments are among approximately 1,500 documents that Fusion GPS withheld from production to the grand jury based on “privilege.” What Fusion GPS has to produce. Today, the court in the Sussmann case made an important ruling and rejected, in large measure, Fusion’s assertion of attorney-client or work-product privilege: TRENDING:   HUGE EXCLUSIVE: Voting Systems Used Across the Country Have Functionality to Create Ballots and Fill Them Out - Why Are They Allowed? Fusion GPS will have to produce these documents to Special Counsel Durham by May 16, 2022. What do these e-mails and documents contain? The court’s order provides guidance, stating they relate to: Internal Fusion GPS e-mails discussing the Alfa Bank data and e-mails circulati