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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

Great Highway in San Francisco officially closed to vehicular traffic

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Great Highway in San Francisco officially closed to vehicular traffic


A controversial park on San Francisco’s west side took another step closer to being a reality. 

Park rangers closed the gate to traffic on the Great Highway on Friday morning and park supporters hope they don’t open again.

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At 5 a.m. Friday morning, San Francisco park rangers closed the gate to the Great Highway for what may be the last time. Voters in November approved Proposition K, aimed at transforming two miles of the Great Highway into a park. 

With the closure of the gates, that park is one step closer to reality. 

“It’s something that’s going to take a lot of work to get to the future park that we all dream of,” said park supporter, Lucas Lux. “But, today is day one, and we should be proud of that.”

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Opponents to the park say they’ve filed a lawsuit aimed at blocking it, saying park supporters overstepped the authority of the state to determine how roads are used, and say the park plans don’t address environmental concerns. 

Plaintiff Matt Boschetto said today’s closure won’t stop efforts to block the park. 

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“It’s certainly long from over,” said Boschetto. “Again, I think we have a great case, and hopefully we see it through court and get justice served there.”

By midday Friday afternoon, work was already underway on Lincoln and the Great Highway, where SFMTA crews were busy re-striping the road and installing signs saying the Great Highway was closed. The Recreation and Parks Department said plans are underway to begin work to open the park next month. 

“Rec and Parks will be adding seating, recreation areas,” said Tamara Barak Aparton from the Recreation and Parks Department. “Signage. All the things that parks need.”

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On the first day of the closure, pedestrians began walking up and down the highway. Paul Greer said he enjoyed his stroll and is looking forward to the park officially opening. 

“It’s a safe place to take your family,” said Greer. “I’m thrilled about it. I can’t wait to enjoy it for many more hours to take the kids out. I have a 4-year-old and a 2-year-old and I think it’s going to be great for the community.”

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Stephen Gorski lives across the street from the proposed park, and is among those calling for the recall of District Supervisor Joel Engardio over his support of it. 

He said the park will push more traffic into the neighborhood, and is out of step with what people on the west side want. 

“People on the other side of town don’t realize the impact here,” said Gorski. “How would you like it if we just decided to close a major thoroughfare? Like Lombard, say ‘no, no, we’re just going to close this now, figure it out.’ It’s the same thing. If they can do it here, they can do it anywhere.”

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For now, lawsuit withstanding, the Rec and Parks department is looking to have a ribbon cutting for the park in mid-April.

 

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San Francisco towing company operator charged with plot to burn competitors' trucks

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San Francisco towing company operator charged with plot to burn competitors' trucks



San Francisco towing company operator charged with plot to burn competitors’ trucks – NBC Bay Area







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San Francisco, CA

Where are SF's trash cans? City officials, residents call for more bins amid garbage issues

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Where are SF's trash cans? City officials, residents call for more bins amid garbage issues


SAN FRANCISCO (KGO) — Trash and trash cans. It seems like it’s always an issue in San Francisco. Business owners and residents say there just aren’t enough of them.

Gloria Rogan is a real estate agent who lives in Russian Hill.

“We don’t have enough,” said Rogan. “This city has a reputation which it deserves as being a place with a lot of rubbish flying around. It’s kind of all over the place in all different neighborhoods.”

San Francisco Supervisors Matt Dorsey, Danny Sauter, and Bilal Mahmood heard from Recology and the Department of Public Works about the status of trash cans in the city, and how many are needed and how to secure more.

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MORE: Here’s a look at San Francisco’s long and expensive trash project

A spokesperson with the Department of Public Works said, “Public Works would be happy to work with your office on scoping out what the costs would look like.”

Business owners and residents lined up to voice their concerns.

Nancy Yu Law owns Love Tea boba shop in Chinatown. She says cardboard boxes from businesses aren’t picked up often enough. Yu Law says the biggest problem — there aren’t enough trash cans.

“It’s not enough in Chinatown. I know that for sure. I have people try and throw their trash into my trashcan by my store,” said Yu Law.

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In North Beach, Supervisor Sauter said that it’s possible to walk for several blocks and not see a single trash can.

MORE: SF neighborhood’s ‘trash lake’ to be cleaned up after years of complaints from residents

“Especially during tourist season, a lot of people are here in North Beach and there’s no place for them to throw their trash,” said Brian Connors.

“In my district, that’s really common. In Nob Hill, in Russian Hill. And we want to change that. We know there are a lot of corners that need more trash cans,” said Supervisor Sauter. “Unfortunately, the city has removed a lot of trash cans through the years and I’m trying to change that. I think we need more trash cans and better behavior. And I’d like to see us have both.”

Supervisor Sauter said Thursday hearing was a step in the right direction.

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He says Department of Public Works talked about a new trash can design.

“The new trash can designs are being put out to bid right now, I’m hoping those will be put out on the streets in the next year,” said Supervisor Sauter. “We are all interested in cleaner streets. We know San Francisco can do a lot better and should be a lot cleaner.”

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