What Twitter Going Private Really Means, NFL Draft Recap: 5 Things Podcast

On today’s episode of the 5 Things podcast: Make Twitter private

What does Elon Musk’s plan to make Twitter private mean? Reporter Celina Tebor breaks it down. Add to that, Russia hits Kyiv during a UN visit, supply chain problems could rise again this fall, the NFL Draft kicks in and the New Orleans Jazz Fest returns.

Podcasts:True crime, in-depth interviews and more US podcasts TODAY right here.

Hit play on the player above to listen to the podcast and follow along with the recording below. This record was automatically created, and then edited for clarity in its current form. There may be some differences between audio and text.

Taylor Wilson:

Good morning. I’m Taylor Wilson and here are 5 things you need to know Friday, April 29, 2022. What does it mean for Twitter to go private today? Plus, Biden wants more aid to Ukraine and beyond.

Here are some of the top titles:

  1. Inflation has hit a new record high for the 19 countries that use the euro. Annual inflation hit 7.5% in April in the Eurozone, the highest since statistics began in 1997 and a sixth consecutive record.
    A Colorado inmate is the first in the US to test positive for the current strain of bird flu. The man had direct contact with infected poultry.
    And James Corden is leaving The Late Late Show. He has hosted CBS’s talk show since 2015 and is leaving next year.

Elon Musk plans to make Twitter a private company after this $44 billion acquisition of the social networking platform. But what exactly does that mean? Correspondent Celina Tebor has much more.

Celina Tebor:

Basically, Elon Musk plans to make Twitter a private company after this $44 billion acquisition of the social networking platform. It’s hard to say if anything or many things will change for the average user. However, if he takes the company private, it basically means that he will have a lot more flexibility to be able to make changes in the company. When a company goes public, you are an authority figure with your shareholders and with the general public. So if you make a change to your company that is unpopular or people don’t like what you’re doing, your stock could go down and that could get really volatile. and very distracting. It forces a company to make decisions that are more focused on the short term to try to increase their prices than a decision that may not be popular in the moment but may be better in the long run and make the company more profitable. company is more valuable .

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