Elon Musk Plans to Lay Off Nearly 75%
of Twitter Employees, or 5,500 Staffers (Report)
Posted By: Dreadnought, 10/20/2022 8:34:20 PM
Elon Musk could be set to slash Twitter’s headcount drastically once his $44 billion deal for the social network goes through. The mega-billionaire has told potential investors in the Twitter deal that he plans to lay off almost 75% the company’s staff, or about 5,500 employees, to reduce the size of its workforce from 7,500 to just over 2,000, the Washington Post reported, citing anonymous sources and documents. Reps for Twitter and Musk did not respond to requests for comment. On Tesla’s third-quarter 2022 earnings call Wednesday, Musk said he was paying too much for Twitter. Earlier this month he agreed to go forward with his original $54.20/share offer
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Dreadnought"
I think once we get past the midterms, there’s likely to be a countdown to when the Democrats finally start being honest about Joe Biden to sweep him to the side because of his issues. Of course, their bigger problem is that they don’t have good replacements for him. His second, Kamala Harris, has her own issues stringing together coherent sentences and doing anything that isn’t a failure. She’s also as unpopular as Joe Biden. So it doesn’t help them much. All the other possibilities, like Gavin Newsom or Pete Buttigieg, are second or third-string at best. But whoever is looking better get on it, because it’s clear
Ron DeSantis and Charlie Crist faced off on Monday evening in the first and only gubernatorial debate of the cycle. With just two weeks remaining for election day, it was the final chance for Crist to showcase his candidacy in the face of the incumbent governor’s bully pulpit. How did it go for the Democrat? People will have to make up their own minds on that, but for my money, the beatdown by DeSantis was so thorough that I almost don’t even know where to begin. There are so many clips of him decimating Crist that I could easily cover a dozen different ones and still have
The White House delivered a statement to Fox News correspondent Jacqui Heinrich on Monday asserting that President Biden had been referring to the Inflation Reduction Act when he claimed during a recent interview that student-loan forgiveness had “passed” Congress by a “vote or two.”
“The President was referring to the Inflation Reduction Act, which reduced the deficit by hundreds of millions of dollars, creating room for other crucial programs. As you know, no Republicans voted for the Inflation Reduction Act in the House or the Senate, where it passed by a single tie-breaking vote by Vice President Harris,” read the statement.
Warner Bros. Discovery to Take $2B-Plus
Writedown on Content and Development Amid Restructuring 2 replies
Writedown on Content and Development Amid Restructuring 2 replies
Warner Bros. Discovery’s restructuring costs are beginning to take shape.
On Monday the company said in a securities filing that it expects to take $3.2 billion to $4.3 billion in pre-tax restructuring charges tied to its WarnerMedia acquisition, including writedowns related to content of between $2 billion to $2.5 billion.
WBD has been engaged in what it has called a “global strategic review of content” since the WarnerMedia deal closed, canceling projects, nixing development and shelving unproductive library content. In its first quarter after the deal closed, it disclosed an $825 million writedown on content, and a substantially similar number is expected in in its Q3 report.
Two major Texas newspapers tell contrasting stories in their endorsements for the gubernatorial race. Republican incumbent Governor Greg Abbott is running for re-election. His Democrat challenger is Robert Francis “Beto” O’Rourke. The Dallas Morning News (DMN) endorsed Governor Abbott. The Houston Chronicle endorsed O’Rourke. Go figure.
Both Dallas and Houston are Democrat-led big cities. Houston is traditionally a bit more liberal than Dallas, but in these endorsements, you’d think that Dallas is a conservative city. It is not, by the way, so keep that in mind. The Houston Chronicle endorses Democrats over Republicans on a regular basis. So, when a conservative garners its endorsement, it is worth noting.
A man wearing a t-shirt supporting Senator Marco Rubio was brutally attacked by four people in Hialeah, Fla. because he was canvassing on behalf of a Republican, the senator tweeted Monday.
According to Senator Rubio’s note, the man suffered internal bleeding as well as a broken jaw and “will need reconstructive surgery.” The unidentified man was also reportedly wearing a hat supportive of Florida governor Ron DeSantis.
Rubio is one of the incumbent senators in Florida and is up for re-election this upcoming November. Polling suggests Rubio is a slight favorite.
Supreme Court Justice Clarence Thomas on Monday temporarily blocked a subpoena demanding testimony from South Carolina Republican Sen. Lindsey Graham from a Georgia grand jury investigating election interference by former President Donald Trump.
The hold on the subpoena came three days after Graham's attorneys asked Thomas to delay the senator's appearance before the grand jury, which is investigating possible criminal interference in Georgia's presidential election in 2020. On Thursday, a panel of judges on the 11th Circuit U.S. Court of Appeals unanimously rejected a request by Graham to temporarily block the subpoena, which calls for the senator to testify on Nov. 17
Following the resignation of Prime Minister Liz Truss last week, Rishi Sunak is set to assume the role, becoming Britain’s third leader in just seven chaotic weeks.
Sunak’s rival Penny Mordaunt withdrew from the Conservative leadership race Monday afternoon. “We all owe it to the country, to each other and to Rishi to unite.”
Sunak is the third prime minister to hold the office since September as the Conservative Party has struggled to find a capable leader.
After serving as Chancellor of the Exchequer from 2020 until 2022,
New York - The Houston Astros freight train will roll into the World Series. Houston swept the New York Yankees on Sunday night, winning Game 4 by a 6-5 score in a battle that went back and forth as New York put up a fight to try to extend their season another night.
So far this postseason, the Astros have not lost, winning all three games against the Seattle Mariners in the ALDS and all four games against the Yankees in the ALCS. This is the fourth time Houston has made the World Series since 2017.
Harris County Judge Lina Hidalgo, a far-left progressive Democrat, hopes that Hanoi Jane will help her get out the vote when early voting begins in Texas on Monday. Jane Fonda flew into Houston Saturday to block walk in the East End of Houston. Will Jane Fonda move the needle for Hidalgo, who finds herself in a tough re-election race against a Republican political newbie?
The answer to that question is no, Hanoi Jane’s appearance will likely backfire on Hidalgo, not help her. The East End in Houston is a majority Hispanic area of the city and includes two of Houston’s oldest Hispanic neighborhoods. Hidalgo has a history
Biden's Next Crisis: Home Heating Oil
Rationing Begins in Northeast, and It's
Not Even Winter Yet 10 replies
Rationing Begins in Northeast, and It's
Not Even Winter Yet 10 replies
It looks like President Joe Biden might get his winter of death after all, and it’s not because of the unvaccinated.
If you live in the Northeast, you know that even in normal times, heating oil bills constitute a significant expense because winters are usually brutal. Unfortunately, this year could be the worst year ever for residents of the region hoping to adequately heat their homes. Not only are heating oil prices through the roof on anti-fossil fuel President Joe Biden’s watch, but even for those who have the funds to stock up, it doesn’t really matter: heating oil rationing is already taking place.
Washington Senate Race Put on 'Upset Alert'
as Republican Smiley Polls Within Margin
of Error 5 replies
as Republican Smiley Polls Within Margin
of Error 5 replies
Washington’s Senate race between 30-year incumbent Sen. Patty Murray (D-WA) and Republican Tiffany Smiley has been placed on “upset alert” by the University of Virginia Center for Politics.
Larry Sabato’s Crystal Ball, the Center’s political prognosticating publication, also switched the race from “Safe Democratic” to “Likely Democratic.” The move in favor of Smiley also comes as the Republican outraised Murray by nearly double in the third quarter, beating her $6 million to $3.3 million. National Republican Senatorial Committee Chairman Sen. Rick Scott (R-FL) also put Smiley’s race on his list of pick-up opportunities.
Smiley is also polling within the margin of error in several polls,
Most Active Articles (last 48 hours)
Rep. Liz Cheney says she won’t allow
former President Trump to turn Jan. 6
testimony into circus 58 replies
former President Trump to turn Jan. 6
testimony into circus 58 replies
WASHINGTON — The House committee investigating the Capitol riot won’t give Donald Trump the chance to turn a possible live TV appearance of his subpoenaed testimony into a “circus” and “food fight” as lawmakers try to ensure he complies with their demands, the panel’s vice chair said Sunday.
The committee is demanding Trump’s testimony under oath next month as well as records relevant to its investigation. To avoid a complicated and protracted legal battle, Trump reportedly had told associates he might consider complying with the subpoena if he could answer questions during live testimony.
When asked if the committee would consider taking his testimony live,
Governor Ron DeSantis Endorses Senate
Candidate Joe O’Dea, Who Vows to Campaign
Against Donald Trump 56 replies
Candidate Joe O’Dea, Who Vows to Campaign
Against Donald Trump 56 replies
A week ago, Colorado senate republican candidate Joe O’Dea said on CNN, “I don’t think Donald Trump should run again.” He quickly added, ” I’m going to actively campaign against Donald Trump and make sure that we have got four or five really great Republicans right now; Ron DeSantis, Nikki Haley and Tim Scott.”
President Trump blasted O’Dea the following day. Today, Florida Governor Ron DeSantis picked Joe O’Dea as his only 2022 endorsed senate candidate, recording a robocall for O’Dea that says, “Hello this is Florida Gov. Ron DeSantis. America needs strong leadership and desperately. That’s why I’m endorsing Joe O’Dea for U.S. Senate. Colorado, please vote for Joe O’Dea.”
As of Friday, it will be illegal to buy, sell, or transfer handguns in the country of Canada.
According to the announcement by Prime Minister Justin Trudeau, “people cannot buy, sell, or transfer handguns within Canada, nor can they bring newly acquired handguns into the country.”
“With handgun violence increasing across Canada, it is our duty to take urgent action to remove these deadly weapons from our communities,” Trudeau said in the statement. There are approximately 1.1 million handguns already in Canada, meaning Mr. Trudeau’s desire to “remove these deadly weapons from our communities” means the Mounties are going to be very busy grabbing guns.
'Big Mistake!': Trump drops Truth bomb
after DeSantis endorses GOP candidate
he disavowed 26 replies
after DeSantis endorses GOP candidate
he disavowed 26 replies
Former President Donald Trump fired off a foreboding Truth on Sunday night, reacting to a Washington Examiner exclusive that Florida Gov. Ron DeSantis (R) is recording a robocall for a Republican candidate whom Trump has rejected.
That candidate is Joe O’Dea, the underdog Senate contender in Colorado who is trailing Sen. Michael Bennet (D-CO) in public opinion polls and last week made waves when he vowed to "actively campaign against" Trump and spoke favorably of other party heavyweights, including DeSantis.
Sharing the article written by Washington Examiner senior political correspondent David Drucker on his Truth Social platform, Trump added a brief message. "A BIG MISTAKE!" Trump said in all capital letters.
Presidential candidate Joe Biden has a pattern of questionable behavior toward women. His reputation is so robust, the incidents so well-documented that they have earned him the longtime nickname of “Uncle Joe” (for his penchant for using folksy, grandfatherly language even with his peers), with the occasional addition of “Creepy” (for routinely invading women’s personal spaces).
How much does behavior like this really matter to voters? We wanted to find out. U.K.-based market research and data analytics firm YouGov conducted an official online poll of over 1,200 people, weighted to represent U.S. adults
Kamala Harris has just scored a hat trick of buffoonery. While we are accustomed to her embarrassing herself virtually every time speaks extemporaneously, her verbal tomfoolery may be keeping pace with the accelerating dementia of her boss, Joe Biden.
We’ll start with an outright lie, committed during an interview with Esme Murphy of WCCO-TV in Minneapolis. (snip)The Vice President of the United States called claims that she supported the Minnesota Freedom Fund, established to bail out rioters arrested during the first round of arson and looting following the death in police custody of career criminal George Floyd "misinformation": [video] This is an easily proven lie: [tweet]
President Biden attacked Republicans in a speech to the Democratic National Committee headquarters on Monday, stoking claims that Republicans would "crash the economy" in an attempt to force him to gut Medicare.
Biden also used the opportunity to coin the term "Mega-MAGA trickle down," which is how he has chosen to refer to Republican economic policies. The president went on to name House Minority Leader Kevin McCarthy, arguing that he and his fellow Republicans would grow the deficit by $3 trillion if their priorities were to pass. He also argued the party plans to use the deficit as a bludgeon against him.
The Republican tsunami seems to be moving into every part of the country – from Oregon and Washington State to Rhode Island. This is what happens when big wave elections occur. They permeate everywhere. Races that seem hopeless suddenly become hopeful. Races that seem hopeful suddenly become clearly winnable.
I watched Democrat tsunamis in 1958, 1974, and 2006. I also saw Republican tsunamis in 1980, 1994, and 2010. There are regular patterns which begin building after Labor Day. As people start thinking about voting, their calculations change. This year is no different
More than 233,000 Cook County residents applied to be part of the nation’s largest test of whether a universal basic income will reduce poverty, Cook County Board of Commissioners President Toni Preckwinkle said Monday.
The 3,250 people who win the lottery to participate in the two-year program could get the first of 24 $500 monthly payments by the end of December, officials said.
“The overwhelming response from our residents speaks to the need being felt in all our communities at this unique time in history,” Preckwinkle said. “Cook County is proud to be leading in the American guaranteed income movement and
Washington — Plastic recycling rates are declining even as production shoots up, according to a Greenpeace USA report out Monday that blasted industry claims of creating an efficient, circular economy as "fiction." Titled "Circular Claims Fall Flat Again," the study found that of 51 million tons of plastic waste generated by U.S. households in 2021, only 2.4 million tons were recycled, or around five percent. After peaking in 2014 at 10 percent, the trend has been decreasing, especially since China stopped accepting the West's plastic waste in 2018. Virgin production — of non-recycled plastic, that is — meanwhile is rapidly rising as the
America has only 25 days of diesel supply thanks to Joe Biden’s economic crippling policies. A diesel fuel crisis will cripple the US.
PJ Media shared the news over the weekend. The fuel that is used to transport US goods across the country is in a crisis situation:
Oil prices and President Joe Biden’s continued draining of the Strategic Petroleum Reserve (SPR) have dominated the headlines over the past few weeks, but analysts say a more impactful and serious crisis on the energy front looms: a diesel fuel shortage.
Woke Media Fail: Sacheen Littlefeather's
Sisters Claim Activist Lied About Being
Native American 22 replies
Sisters Claim Activist Lied About Being
Native American 22 replies
This year, Hollywood and the news media took a knee for Sacheen Littlefeather.
Woke news outlets including NPR, the New York Times, and Variety ran glowing articles identifying her as a Native American who was unjustly ridiculed and shunned by the industry when she infamously rejected Marlon Brando’s Oscar for The Godfather in 1973. It culminated in August when the Academy publicly apologized to her. There was just one problem. According to her biological sisters, Sacheen Littlefeather, who died earlier this month at 75, wasn’t Native American. Her family has no Indian ancestry they could find. Nor did she grow up with a violent and abusive father