Republican mega-donor buys stake in Twitter and seeks to oust Jack Dorsey - report

[Dennis Donovan]

https://www.theguardian.com/technology/2020/feb/29/paul-singer-elliott-management-twitter-jack-dorsey

Martin Pengelly in New York

Sat 29 Feb 2020 10.13 EST

Billionaire Paul Singer’s Elliott Management has taken a ‘sizable stake’ and intends to ‘push for changes’, reports Bloomberg News

A major Republican donor has purchased a stake in Twitter and is reportedly seeking to oust its chief executive, Jack Dorsey.

Bloomberg News first reported that Elliott Management has taken a “sizable stake” and “and plans to push for changes at the social media company, including replacing Dorsey”.

Paul Singer, the billionaire founder of Elliott Management, is a Republican mega-donor who opposed Donald Trump during the real-estate magnate’s run for the presidential nomination but has since come onside.

After a White House visit in February 2017, Trump said Singer “was very much involved with the anti-Trump or, as they say, ‘Never Trump’, and Paul just left, and he’s given us his total support and it’s all about unification”.

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Um...

[Takket]

1. Dorsey annonced no paid political propoganda on twitter, that has to be what this is about

meanwhile Zuckerburg has turned Facebook into a cess pool of gaslighting and fake news. The GOP want nothing less than total control of information so this attack on twitter is no surprise.