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Donald Trump

Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.

The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.

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Twitter Deal ‘Temporarily on Hold,’ Says Elon Musk

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variety.com

Naman Ramachandran The Twitter deal is temporarily on hold, billionaire Elon Musk posted on Friday.“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk posted on Twitter.Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn— Elon Musk (@elonmusk) May 13, 2022In the tweet, Musk provided a link to a May 2 Reuters article quoting Twitter’s filing on Monday. “Twitter Inc estimated in a filing on Monday that false or spam accounts represented fewer than 5% of its monetizable daily active users during the first quarter,” the Reuters piece said.Musk has been vocal about cleaning the platform of spam bots.

Twitter shares fell 17% after Musk’s post. In late April, Musk clinched a deal to buy Twitter for $44 billion. In the first earnings report posted after the sale was announced, Twitter’s daily average monetizable daily active usage — its proprietary metric it calls “mDAU” — rose to 229.0 million for Q1, up 16% versus Q1 in the prior year and a sequential net gain of 14.3 million.

Average U.S. mDAUs were 39.6 million for Q1, up 6.4% compared to Q1 of the prior year (and up from 37.5 million in Q4).Q1 revenue was $1.20 billion, up 16% year-over-year, reflecting “headwinds associated with the war in Ukraine,” according to Twitter.

Net income came in at $513 million, representing diluted earnings per share of 61 cents.Musk recently said that Twitter’s permanent ban on Donald Trump was a “morally bad decision” and “flat-out wrong,” which “was a mistake because it alienated a large part of the county and did not ultimately result in.

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