A billionaire Republican megadonor has purchased a “sizable” stake in Twitter and “plans to push” to oust CEO Jack Dorsey among other changes, according to new reports, raising the prospect of a shocking election-year shakeup of the social media platform that conservatives have long accused of overt left-wing political bias.
Paul Singer’s Elliott Management Corp. has already nominated four directors to Twitter’s board, Bloomberg News reported, citing several sources familiar with the arrangement. The outlet noted that unlike other prominent tech CEOs, Dorsey didn’t have voting control over Twitter because the company had just one class of stock; and he has long been a target for removal given Twitter’s struggling user growth numbers and stock performance.
Singer, who opposed President Trump’s campaign in 2016, has since changed his tune, raising the prospect that some of the changes to Twitter could make the platform a friendlier place for pro-Trump users. According to the Center for Responsive Politics, Singer donated $24 million to Republican and right-leaning groups in the 2016 election.
Emmer says MN fraud raids send ‘crystal clear’ message after feds hit dozens of sites
Breaking: FBI Raids ‘Quality Learning Center’ and 21 Other Locations in Somali Fraud Crackdown
Cuccinelli says Dems undercut own redistricting defense as Virginia justices press ‘Yes’ camp
OPEC Unexpectedly Loses a Member in Shock to Global Oil Market
Inside the hottest party in town as royal mania takes over Washington
Rep Cory Mills draws first Republican challenger as sexual misconduct allegations, expulsion threat mount
FBI raids Minneapolis childcare facilities, part of sweeping fraud investigation
Three college frats in crosshairs as hazing claims of booze, burns and hospital trips spark crackdown: school
Brooklyn attack leaves 3 injured, suspect wearing Iranian flag shirt arrested by NYPD
Mike Johnson says King Charles’s speech to Congress will be a ‘unifying event’
Recall Issued for Fitness Item Amid Dangerous Injuries: 50K Units Affected, Victims’ Bones Broken
Democrat Governor Hopeful’s SPLC Board Tenure Overlapped with Alleged Payments to Extremist ‘Informants’
SPLC kept paying Aryan Nations operatives after bragging about bankrupting them
Former Florida Gov. Charlie Crist is running for mayor of St. Pete
AI boom tests GOP’s midterm affordability pitch as price pain spreads
“As you know, Paul was very much involved with the anti-Trump or as they say ‘Never Trump,” and Paul just left [the White House] and he’s given us his total support and it’s all about unification,” Trump said in 2017. “So, I want to thank Paul Singer for being here and coming up to the office. He was a very strong opponent and now he’s a very strong ally and I appreciate that.”
“As you know, Paul was very much involved with the anti-Trump or as they say ‘Never Trump,” and Paul just left [the White House] and he’s given us his total support and it’s all about unification,” Trump said in 2017. “So, I want to thank Paul Singer for being here and coming up to the office. He was a very strong opponent and now he’s a very strong ally and I appreciate that.”
