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Bloomberg TechnologyĪ short time later, Musk backed out of the agreement and announced that he was mounting a $44 billion hostile takeover.ĭorsey has endorsed Musk’s acquisition, saying that he agrees with the Tesla boss’s vision of enabling greater freedom of expression on the site. Jason Goldman, a former Twitter board member and co-founder, said Jack Dorsey urged Musk to buy the firm and take it private. Goldman made the comments a day before Twitter, whose board accepted the Tesla CEO’s buyout offer at $54.20 a share, held its annual shareholder meeting on Wednesday. “The most important answer can assert is that there’s no such thing as the deal being on hold,” Goldman said. Analysts believe that Musk is simply looking for a way to renegotiate the purchase price, particularly after Twitter stock plummeted in recent weeks. Twitter has stated its intention to enforce the agreement despite Musk’s misgivings. Last month, Twitter’s board accepted Elon Musk’s buyout offer of $54.20 a share. Musk tweeted that the deal was “on hold” due to purported concerns about the prevalence of “spam” and “bot” accounts. Goldman told Bloomberg that Twitter shareholders want Musk to adhere to the terms of the $54.20-a-share tender offer. “That to me is just a clear backstabbing of the board by the founder when they had a deal in hand to come to a standstill,” Goldman said. Goldman said Dorsey’s comments suggest that he was the one who urged Musk to take over the company entirely and take it private. Musk had asked Twitter’s board to convene a meeting, during which Dorsey “shared his personal view that Twitter would be able to better focus on execution as a private company,” according to an SEC filing.įormer Twitter CEO Jack Dorsey was accused of “backstabbing” the company’s board of directors. Goldman, who was Twitter’s vice president of product, told Bloomberg that the company’s chairman, Bret Taylor, and CEO Parag Agrawal struck a deal with Musk to bring him on as a director in exchange for his agreeing not to buy up more shares.Īn SEC filing submitted days later revealed that Musk owned a 9.2% stake in Twitter - which at the time was equivalent to 73.4 million shares, the most of any shareholder. Jason Goldman, a former member of the board who was part of Twitter’s founding team more than a decade ago, told Bloomberg News that he believes Dorsey encouraged Musk to buy the company outright after Musk had initially been in talks to merely join the board. Why Elon Musk welcomes a US recession: ‘Bankruptcies need to happen’įormer Twitter CEO Jack Dorsey served the company on a platter to Elon Musk by “backstabbing” the company’s board of directors, one of the social media giant’s co-founders alleged. SEC probing Elon Musk’s Twitter stake purchaseĮlon Musk trolls AOC on Twitter over her Tesla There aren’t enough surejan gifs in the world to properly respond to Paul Canon’s claims about being “hacked.” But on the bright side, we’ve learned something new about our bigoted little friend: Not only is Paul Canon a racist, he’s also a cowardly liar.Musk ally Egon Durban keeps Twitter board seat despite shareholder vote The tweets have since been deleted and now Canon has said in an email to Vocativ that he did not send the tweets in question and implied that he was hacked by someone “who wanted only to degrade our character.”
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This summer, a matter-of-fact message was sent from Twitter account: “I am not sexually attracted to colored people.” A later tweet from his account explained the message as a show of support for his fiancé and fellow performer Damien Kyle after he refused to work with an actor of a “dark skin complexion.” (Kyle’s response to requests for comment was “lmfao” via a Facebook message, but he has publicly expressed a distaste for African-American men: He can be seen in a clip from a recent porn reality show, saying, “I am not racist, I’m not sexually attracted to black guys.”) As the tweet drew controversy, Canon’s Twitter account stood by the remarks, arguing that “sexual preference and racial discrimation are totally different things.” Pam, who seems to say that actors who refuse to work with black or Asian models should have their “personal preferences” respected-ugh), and look out for this part with unabashed racists Damien Kyle and Paul Canon, whom Clark-Flory attempted to interview for the article: Be sure to read the entire article here (which includes some disappointing quotes from mr. Pam, performers Diesel Washington, Sean Zevran, and Conner Habib, and me.
Mainstream journalist Tracy Clark-Flory has just published an article on racism in the gay porn industry, featuring interviews with directors Chi Chi LaRue, Steve Cruz, and mr.