Good morning. It's Friday, Oct. 28, and we're covering Musk's move-in day at Twitter, a North-South clash in the World Series, and much more. Have feedback? Let us know at [email protected].
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Elon Musk last night closed his $44B deal to buy Twitter at $54.20 per share, averting a trial in November and capping off monthslong speculation of whether the billionaire entrepreneur would abandon the acquisition. Musk, 51, also reportedly fired the company's top executives, including CEO Parag Agrawal, Chief Financial Officer Ned Segal, and general counsel Vijaya Gadde.
The CEO of SpaceX and Tesla, who previously criticized Twitter for restricting free speech, outlined his motivations for buying the company in a message (see here) addressed to advertisers and posted to the social platform earlier yesterday. On Wednesday, Musk visited Twitter's headquarters in San Francisco, carrying a white basin and later tweeting, "Entering Twitter HQ—let that sink in!" He also changed his Twitter profile description to "Chief Twit."
Musk has said he plans to introduce new features to Twitter. See his proposed changes here. |
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Baseball's last teams standing meet tonight in the first game of the 2022 World Series (8 pm ET, Fox), with the Houston Astros hosting the Philadelphia Phillies. For Houston, it marks the fourth World Series appearance in the past six seasons, while Philadelphia returns for the first time since 2009.
The Astros, who notched the second-best regular season record (106-56), enter the series as favorites. Houston hasn't lost in the postseason this year, having swept both the Seattle Mariners and the New York Yankees. Meanwhile, Philadelphia—led by slugger Bryce Harper—finished third in the National League East division with a record of 87-75. Two-time Cy Young award winner Justin Verlander (18-4) will take the mound tonight for Houston, facing off against Phillies starting pitcher Aaron Nola (11-13).
This year also marks the 75th anniversary of the first televised World Series (the New York Yankees beat the Brooklyn Dodgers). See some of the most iconic shots across the decades here. |
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The US economy grew for the first time this year in the third quarter, according to data released yesterday. The country’s gross domestic product (see 101) grew at an annual rate of 2.6%, rebounding from 0.6% and 1.6% decreases in the first two quarters and signaling the end of a technical recession, or two quarters of consecutive decline.
The growth was primarily driven by a narrowing trade deficit and increases in consumer and government spending. However, declines in the housing market partially offset some of the growth. Despite the news, experts expect growth to slow again in the fourth quarter and predict a recession could be likely by early next year.
In related news, the 30-year fixed-rate mortgage broke 7% yesterday for the first time since April 2002. The rising measure has been a primary driver of the slowing US housing market over the past year. |
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AN ALTERNATIVE TO ALTERNATIVES
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Sports, Entertainment, & Culture
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> Prince Harry's memoir "Spare" to be released Jan. 10; book will detail Prince Harry and Meghan Markle's decision to step back from royal duties (More)
> Rock and Roll pioneer Jerry Lee Lewis, 87, remains alive despite Wednesday rumors of his early demise (More)
> Portland Thorns and Kansas City Current face off tomorrow (8 pm ET, CBS/Paramount+) in National Women's Soccer League championship (More) | See preview for Sunday's Major League Soccer conference finals (More) |
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> Seismic activity on Mars suggests the planet holds subsurface magma reservoirs; data were collected by NASA's stationary InSight probe, which arrived on Mars in 2018 (More)
> Newly discovered bacteria in the gut may be responsible for rheumatoid arthritis; study suggests bacterial species activates immune system T cells, triggering an inflammatory response at the joints (More)
> Study finds elephants have between 54,000 and 63,000 neurons controlling facial expression, more than any animal except dolphins; nerve network allows for the extreme dexterity of an elephant's trunk (More) |
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> US stock markets close mixed (S&P 500 -0.6%, Dow +0.6%, Nasdaq -1.6%), futures fall after tech earnings (More)
> European Central Bank increases interest rates by 0.75%, signals additional rate hikes in the future (More)
> Amazon misses Q3 revenue and earnings expectations, lowers Q4 revenue guidance; shares fall double digits in after-hours trading (More) | Apple beats revenue and earnings expectations, posts record quarterly revenue (More) |
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> Ukraine pushes counteroffensive to retake the southern city of Kherson, reportedly targeting Russian positions along the banks of the strategic Dnieper River (More) | See updates here (More)
> Former Brazilian President Luiz Inácio Lula da Silva leads incumbent President Jair Bolsonaro by three points in polling heading into Sunday's tightly contested runoff election (More) | See overview of race (More)
> Three more people killed in Iran protests as weekslong demonstrations continue following the death of 22-year-old Mahsa Amini (More) | Footage shows mountaintop fire in the name of "Mahsa" (Watch, via Twitter) |
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A Primer on Spider-Watching
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Outside | Adam Roy. Before squashing the next spider that comes crawling along on your floor, consider this: Spiders likely dream—and they're globally in decline. (Read) |
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Daniel Radcliffe Plays Weird Al
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GQ | Jeremy Gordon. The boy who lived his teens as Harry Potter has since embraced more esoteric roles, including next month's fictional biopic of parody artist Weird Al Yankovic. (Read) |
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'Ghostwatch,' A Pseudo-Documentary
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Criminal | Phoebe Judge. (Podcast) A prerecorded 1992 BBC broadcast investigating a haunted house seemed so real the studio received over a million calls from nervous watchers. (Listen)
... and see why so many fell for the prank with this video breakdown of the show. |
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In partnership with Hedonova
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