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$44 Billion Twitter Sale to Elon Musk Ignites Fears Company May Be Moved Out of San Francisco – California Globe

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 Billion Twitter Sale to Elon Musk Ignites Fears Company May Be Moved Out of San Francisco – California Globe


The acquisition of Twitter for $44 billion by Tesla CEO and billionaire Elon Musk on Monday fueled fear by Twitter staff and others that that the corporate could possibly be moved out of state, or at the least out of San Francisco, the place the corporate has been headquartered since its founding in 2006.

Neither Musk nor any Twitter govt mentioned something a couple of potential transfer on Monday, with Musk focusing solely on the sale and assuaging fears to customers that he would use the platform as a approach to limit-free speech regardless of being an advocate of free speech expansions on Twitter, would reinstate former President Donald Trump to Twitter, or different actions that will significantly change the platform. In an announcement on Monday, Musk maintained his dedication to free speech, in addition to enhancing the social media platform.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital city sq. the place issues very important to the way forward for humanity are debated,” mentioned Musk on Monday. “Twitter has great potential — I sit up for working with the corporate and the group of customers to unlock it. I additionally need to make Twitter higher than ever by enhancing the product with new options, making the algorithms open supply to extend belief, defeating the spam bots, and authenticating all people. Even my worst critics stay on Twitter, as a result of that’s what free speech means.”

Musk’s phrases quieted some critics, with the buyout inflicting Twitter’s inventory to leap up over 5% earlier than the bell on Monday. Different fears had been additionally lessoned following the Twitter boards announcement that they rigorously assed Musk’s supply, with Twitter Board chair Bret Taylor noting on Monday that “The Twitter Board carried out a considerate and complete course of to evaluate Elon’s proposal with a deliberate concentrate on worth, certainty, and financing. The deal was greatest path ahead for Twitter’s stockholders.”

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Nonetheless, for a lot of Twitter staff, the query over Musk’s dedication to California remained within the air.

“There’s no means we’re shifting to a hellhole like Texas,” mentioned a bunch of 4 Twitter staff in a Globe interview on Monday. “Everybody right here is totally on edge after it was introduced right this moment. I imply, we’ve been this fashion for awhile with Musk coming out and in of being on the board or making an attempt to purchase us. However now that it has occurred, and contemplating that Musk has moved a lot he had in California out of state, we’re very involved.”

Concern of a transfer exterior of San Francisco

Previously, Musk has had a blended relationship with California. He personally moved from California to Texas in 2020, shifting Tesla’s headquarters from Palo Alto to Austin late final yr and SpaceX increasing into Texas. Nonetheless, he has additionally proven exceptional dedication to the state, preserving the House X headquarters in Hawthorne, enhancing the Tesla plant in Fremont, and constructing a brand new manufacturing unit in Lathrop. Many within the tech business have famous that Musk has hinted about shifting Twitter out of San Francisco previously.

“Musk has mentioned earlier than that he desires to show Twitter’s HQ right into a homeless shelter,” mentioned Anthony Ferry, a San Francisco tech guide, to the Globe on Monday. “He even reiterated on Twitter that he was critical. That’s not precisely concrete, however it’s a pink flag.”

“Plus many in Texas try to get Musk to maneuver them in. Governor [Greg] Abbott tweeted to Musk earlier right this moment to maneuver them to Texas. So this isn’t simply hypothesis. That is an lively motion. If I used to be somebody in energy right here in San Francisco I might be extremely nervous. Twitter is without doubt one of the principal firms right here for tech. In the event that they had been gone, many would begin panicking.”

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Twitter staff had been additionally involved.

“Past Musk taking on right here, we’re nervous simply what he’ll do right here now,” mentioned “Saanvi,” one of many 4 Twitter staff interviewed, to the Globe. “All of us have lives right here now and like residing right here. Nobody actually desires to go.”

One other worker, “David,” instantly added, “It could sound like we’re simply exaggerating issues, however we aren’t. We aren’t in some bubble. Nobody desires a transfer. And you’ll wager that town doesn’t need them to go too. There’s a variety of taxes using on Twitter right here, in addition to Twitter being an vital a part of the financial system. California loses Twitter, there goes one other huge firm in addition to loads in taxes and plenty of well-paid staff.”

“If we don’t give up earlier than,” added a 3rd worker. “If there’s a transfer, a few of us may simply transfer on elsewhere right here somewhat than go there. That is one thing nobody desires however Musk may. And if he does, effectively, keep in mind when Boeing was moved out of Seattle after which tanked in Chicago due to the mind drain and all of the errors with it? Loads of parallels right here is all I’m saying.”

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As of Monday, Musk nor anybody else in Twitter has talked about a doable transfer, with no different metropolis reporting on a transfer exterior of hypothesis.





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San Francisco, CA

Photos: Nightmare on Front Street's spookiest Halloween costumes

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Photos: Nightmare on Front Street's spookiest Halloween costumes


San Francisco’s Front Street transformed into a ghoulishly boozy block party Thursday as residents came out to rage in their Halloween finest.

The downtown Entertainment Zone, which has welcomed legal public drinking events since September, hosted the “Nightmare on Front Street” event between 2 and 10 p.m. The party featured four haunting hours of Halloween jams from a live band and two costume contests.

Participating merchants also dressed up and served Halloween specials like potion drinks and “monster” pretzels. The event was, to borrow a phrase from the city press release about it, “spooktacular.”

Our photographer spotted everything from a billboard attorney turf war to conjoined cherries at Front Street’s raging Halloween party. See some of the best snaps below.

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San Francisco, CA

San Francisco Giants Have Reportedly Found Their New General Manager

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San Francisco Giants Have Reportedly Found Their New General Manager


The San Francisco Giants have been undergoing a huge change to the franchise this offseason. After firing Farhan Zaidi, they hired Buster Posey to be the new President of Baseball Operations and he has been looking for a general manager. According to Bob Nightengale of USA Today, San Francisco is expected to announce Zack Minasian will serve the role.

Minasian will be elevated from his previous role as Vice President of Professional Scouting for the team, being hired by Farhan Zaidi in 2019. Buster Posey had stated multiple times that he was looking for someone with a background in scouting to take over the role, so Minasian fits that criteria well.

Before his time with the Giants, Minasian spent 14 seasons with the Milwaukee Brewers where he served in roles such as Professional Scouting Director and Manager of Minor League Scouting. His lengthy background in the scouting world will give Posey what he was looking for.

A hire from within the team isn’t exactly surprising, but most thought they would want to go outside of the organization to bring in some new thoughts under Posey. However an in-house hire was always a possibility, but most thought it would be Jeremy Shelley, who has been with the team for over 20 years.

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Minasian’s hire means that he and his brother Perry, the GM of the Los Angeles Angels, are the first pair of brothers to be active general managers at the same time. He is also the godson of legendary Los Angeles Dodgers manager Tommy Lasorda.

With the new general manager hire under the their belt, San Francisco can now put their focus fully into the offseason. Rumored to be in the running for players like Juan Soto and Roki Sasaki, as well as multiple trades, Minasian will have a handful right away.





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SF's most unexpected political controversy is about a roadway

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SF's most unexpected political controversy is about a roadway


Supporters of Prop. K have promoted the measure by saying it will allow for the creation of a new park. 

“In a city with many dangerous streets, Ocean Beach Park will be a place for people of all ages, especially seniors and children, to walk without fear,” said Brian Quan, a Richmond District resident who serves on the executive committee of the Sierra Club.

In response to complaints from drivers who rely on the road to get to work, Quan said closing the Great Highway to cars would allow the city to adjust the westside traffic design for future generations rather than just focus on current needs.



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