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CNBC’s David Faber Suggests Elon Musk Could Face Jail Time

The CNBC analyst stated there has been “no evidence presented thus far in any way to enhance” Musk’s accusations.

Eduardo Razo

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Jail time for Tesla CEO Elon Musk? CNBC’s David Faber suggested that the entrepreneur could face that reality from his decision to back out of buying Twitter. 

Faber joined Jim Cramer and Carl Quintanilla as they led “Squawk on the Street,” where they discussed the latest on the saga. Faber focused on Musk’s insistence that Twitter hasn’t been honest with him regarding how much activity on the platform is forthcoming.

The CNBC analyst stated there has been “no evidence presented thus far in any way to enhance” Musk’s accusations. Furthermore, Musk will have to deliver proof in court to prove his declarations about Twitter’s presumed lack of clarity.

“Even if you were to prove that there were a higher number of bots, you still have to prove that it actually is a material adverse effect,” Faber said, per Mediaite.

Now the situation will shift to the courts as Twitter intends to rely on the legal system as they will ask the Delaware Court of Chancery to enforce the terms of Musk’s agreement.

“Most of the people that you speak with — or at least, certainly that I have — believe that will be the case. Then the question is: you are forcing Mr. Musk to buy the company; does he actually agree to do it? There is this argument being said lately that, well, maybe he will not comply with that. Then we would have a situation where they could put him in jail,” Faber said. 

On Sunday, Musk did respond to the latest regarding the issue with him and Twitter using a meme to make light of the situation and perhaps show confidence in his case should it indeed head to the courts. 

News Television

Trey Gowdy: InfoWars’ Alex Jones Tells Lies for Money

Gowdy tore into Jones, recounting the horror of Sandy Hook and the grieving process from the parent’s perspective in his monologue.

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Last week, a verdict announced that InfoWars’ Alex Jones must pay $4.1 million in compensatory damages to the parents of 6-year-old Jesse Lewis, who was murdered in the Sandy Hook Elementary School shooting.

Fox News host Trey Gowdy tore into Jones on Sunday, recounting the horror of that day and the grieving process from the parent’s perspective in a lengthy monologue. 

“How does someone capable of exploiting the pain, of denying the obvious gain any audience in this country?” Gowdy said of Jones. “Why would anyone go on his show? On the list of despicable things to do – telling the parents of murdered children that their children really weren’t murdered ranks pretty high.”

“We shouldn’t need a jury, or a judge or a courtroom to condemn that kind of person and behavior. He tells lies for money and then when his own money is on the line, he admits the obvious. The only war he is waging is on the truth.”

Gowdy became the latest cable news media host to rip into Jones as MSNBC host Mehdi Hasan went after the talk show host and the Republican Party for giving him legitimacy to Jones by appearing on his program.

“Alex Jones should have been rejected by Republican leaders and lawmakers, but instead, he was shamefully embraced,” Hasan said. 

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John Oliver Takes Dig at Parent Owner Warner Bros. Discovery

Warner Bros. Discovery CEO David Zaslav was also a leading force in canceling CNN’s venture into the streaming wars

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Warner Bros. Discovery has made recent headlines for its decisions regarding HBO Max and canceling in-production films, including DC’s “Batgirl,” to get future tax write-offs.

During a segment discussing Monkeypox on Sunday, HBO’s “Last Week Tonight” host John Oliver decided to take a shot at their new parent company for its recent decisions.

“We let the vaccine sit unused on a shelf in our reserves like an expired Chobani or a $90 million movie on HBO Max,” Oliver said, referring to the “Batgirl” film. 

“By the way, hi there, new business daddy! Seems like you’re doing a really great job. I do get the vague sense that you’re burning down my network for the insurance money, but I’m sure that will all pass.”

Warner Bros. Discovery CEO David Zaslav was also a leading force in canceling CNN’s venture into the streaming wars, pulling the plug on CNN+ less than a month after the service launched. 

“On CNN+, there was no message it was a business decision,” Zaslav told CNBC in May. “We looked at it and we looked at the data, the number of users they had spent an enormous amount of money trying to sell an independent product. 

“The subscribers weren’t there, the users weren’t there. We looked at it together. We had a chance to look at all the data and when we looked at the data, it was, the business wasn’t there.”

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Rachel Maddow Details Demands to NBCUniversal During Contract Talks

It wasn’t “some sort of, like, hostile, heated negotiation with NBC,” Maddow said.

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This year, MSNBC host Rachel Maddow has transitioned from being a daily news host to a weekly timeslot on Mondays while she focuses on other projects as part of her new contract. 

In an interview with Vanity Fair, Maddow shed light on the behind the scene details that went into the discussions with NBCUniversal, resulting in a new contract that will see her stay with the company through the 2024 election and a reported $30 million per year salary. 

It wasn’t “some sort of, like, hostile, heated negotiation with NBC,” Maddow said. “What I asked for, and I realize it’s a really hard thing to ask for from a big corporate entity, is flexibility, fluidity, and forgiveness.”

“Like, I want us to handle this in a way that we don’t have to map every second of it. And I want my staff to all stay employed, and I want them to be able to shift between different types of projects, just as I am.”

Alex Wagner takes over for Maddow Tuesday through Friday, as her show debuts on Aug. 16 at 9 PM ET. 

“This is not a show where our hair is on fire, and we’re yelling past each other, and we’re creating these manufactured moments of tension,” MSNBC President Rashida Jones said regarding the show’s format under Wagner in a June interview with The New York Times

“I really want the takeaway from this show to be a better understanding of what’s happening in the world.”

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