Can Elon Musk Get Out of Buying Twitter?
In April, the world’s richest man agreed to pay $44 billion for the social network. Now he wants the deal canceled.
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In April, the world’s richest man agreed to pay $44 billion for the social network. Now he wants the deal canceled.
Check out our Latest News and Follow us at Facebook
Original Source
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WASHINGTON – Sen. Ed Markey (D-Mass.) is asking Elon Musk to stop Twitter from becoming the “Wild West of social media” after the billionaire changed his newly acquired social media site’s verification process to allow anyone with $8 to obtain the sought-after blue check mark. “Your Twitter takeover, rapid and…
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More than 30 years ago, the economists Rudiger Dornbusch (one of my mentors) and Sebastian Edwards wrote a classic paper on what they called “macroeconomic populism.” Their motivating examples were inflationary outbreaks under left-wing regimes in Latin America, but it seemed clear that the key issue wasn’t left-wing governance per…
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