Posts

Trump vs. Twitter

Image
Trump goes after Twitter for fact-checking his tweets; Boris Johnson's government faces down a worsening scandal.   Tonight's Sentences was written by Cameron Peters. TOP NEWS Trump goes after Twitter with a new executive order Win McNamee/Getty Images President Donald Trump on Thursday signed a new executive order aiming to make it easier for regulators to punish social media companies for alleged free speech violations in moderating their content. [ New York Times / Kate Conger and Mike Issac ] Specifically, the order targets Section 230 of the Communications Decency Act, seeking to allow changes around a "good faith" provision that protects tech companies from lawsuits. Such changes could make it easier for Tru...

Axios Pro Rata: ⁠Silver Lake's payment plan — GE divests last tie to Edison — Marqeta adds $150 million

Image
Top of the Morning | Thursday, May 28, 2020   View in browser   Presented By Cooley   Pro Rata By Dan Primack · May 28, 2020 🎧 Pro Rata Podcast digs into Trump vs. Twitter. My guest is Kara Swisher. Listen via Apple , Spotify , or Axios .     Top of the Morning Illustration: Eniola Odetunde/Axios   If you can't beat them, join them. And then beat them. Driving the news: Silver Lake acquired a 12% stake in Far Point Acquisition (NYSE: FPAC), in order to help force the blank-check acquisition company to complete its $2.6 billion takeover of Swiss payments firm Global Blue. Backstory: Far Point was formed in 2018 by former New York Stock Exchange president Tom Farley and activist investor Dan Loeb (via his Third Point hedge fund), and raised $550 million in its IPO. Far Point's goal wa...