Elon Musk loses cool as Saudi Prince Alwaleed bin Talal rejects his Twitter takeover bid

News Network
April 15, 2022

musktalal.jpg

Tesla and SpaceX CEO Elon Musk on Friday took a jab at Saudi Prince Alwaleed bin Talal, a major Twitter investor who rejected Musk's hostile offer to acquire 100 per cent of the micro-blogging platform for $43 billion.

Questioning Saudi Arabia's own media laws, Musk tweeted: "Just two questions, if I may. How much of Twitter does the Kingdom own, directly & indirectly? What are the Kingdom's views on journalistic freedom of speech?"

Musk reacted after the Saudi Prince rejected the Tesla CEO's cash offer of $54.20 per Twitter share.

"I don't believe that the proposed offer by @elonmusk ($54.20) comes close to the intrinsic value of (Twitter) given its growth prospects. Being one of the largest & long-term shareholders of Twitter, @Kingdom_KHC & I reject this offer," the prince tweeted.

Alwaleed, who runs the Kingdom Holding Company and is a nephew of Saudi Arabia's King Salman, said he was one of the oldest and largest shareholders in Twitter, reports Middle East Eye.

In 2015, he and his company owned a 5.2 per cent stake in the social media platform.

Musk on Friday started a new poll, with a tagline that "taking Twitter private at $54.20 should be up to shareholders, not the board.

"Will endeavour to keep as many shareholders in privatised Twitter as allowed by law," he tweeted.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 14,2025

Tumakuru: Karnataka Home Minister G Parameshwara announced on Sunday that the much-anticipated caste census report will be formally discussed at a special meeting of the state Cabinet scheduled for April 17. The meeting will focus on the findings and recommendations of the report, which has recently been circulated among ministers.

Speaking at Tiptur in Tumakuru district, Parameshwara noted that the caste census was conducted to ensure equitable access to essential services, education, and employment for downtrodden communities.

“The Congress government, between 2013 and 2018, spent crores of rupees to gather caste-based data from 1.37 crore families,” he said. “However, implementation was delayed by successive governments for various reasons.”

He emphasized the need for careful and informed deliberation and urged political leaders to avoid commenting on the report without studying it. “Nearly 80 per cent of the information in the report is accurate,” the Home Minister said, reinforcing the document’s credibility.

The Cabinet’s decision following the April 17 meeting could have far-reaching implications on Karnataka’s reservation policy and social equity framework.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
April 18,2025

siddurahul.jpg

New Delhi: Former Congress president Rahul Gandhi has written to Karnataka Chief Minister Siddaramaiah, urging the state government to enact a law named Rohith Vemula Act for ensuring that no one faces caste-based discrimination in the education system.

In his letter to the Karnataka CM, Gandhi highlighted the discrimination BR Ambedkar faced in his lifetime.

"Here he describes an incident during a long bullock cart journey: 'There was plenty of food with us. There was hunger burning within us; with all this we were to sleep without food; that was because we could get no water, and we could get no water because we were untouchables'.

"He tells us about his experience in school: 'I knew I was an untouchable, and that untouchables were subjected to certain indignities and discriminations. For instance, I knew that in the school I could not sit in the midst of my classmates according to my rank, but I was to sit in a corner by myself'," Gandhi said quoting Ambedkar.

The Congress leader said Siddaramaiah would agree that what Ambedkar faced was shameful and should not be endured by any child in India.

"It is a shame that even today millions of students from Dalit, Adivasi and OBC communities have to face such brutal discrimination in our educational system," Gandhi said.

"The murder of bright young people like Rohith Vemula, Payal Tadvi and Darshan Solanki is simply not acceptable. It is time to put a firm end to this. I urge the Karnataka government to enact the Rohith Vemula Act so that no child of India has to face what Dr. B.R. Ambedkar, Rohit Vemula and millions of others have had to endure," Gandhi said in his letter to the Karnataka chief minister dated April 16.

Rohith Vemula, a Dalit student, died by suicide due to caste-based discrimination, in 2016.

Sharing the letter on X, Gandhi said, "Recently, I met students and teachers from Dalit, Adivasi and OBC communities in Parliament. During the conversation, they told me how they have to face caste-based discrimination in colleges and universities." Ambedkar had shown that education is the only means by which even the deprived can become empowered and break the caste system, Gandhi said.

But it is very unfortunate that even after decades, lakhs of students are facing caste discrimination in our education system, he said.

"This discrimination has taken the lives of promising students like Rohith Vemula, Payal Tadvi and Darshan Solanki. Such horrific incidents cannot be tolerated at any cost. Now is the time to put a complete stop to this injustice," he said.

"I have written a letter to Siddaramaiah ji and requested that the Rohith Vemula Act be implemented in Karnataka. No child in India should face the casteism that Babasaheb Ambedkar, Rohith Vemula and crores of people have suffered," he said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
April 22,2025

palestineisrael.jpg

Palestinian officials have raised the alarm about the dire situation of abductees held in Israeli prisons. The warning came after several abductees released from Israeli jails gave harrowing accounts of conditions in the regime’s prisons.

The Palestinian Prisoners' Society (PPS) said in a statement on Monday that the number of Palestinian abductees killed in Israeli jails since the regime’s genocide in Gaza started has surged to 65, including a child.

It added that inmates abducted in Gaza account for at least 40 of those fatalities.

The society emphasized that among the slain detainees are 74 whose bodies are still being held by the Israeli regime, 63 of whom have been held since the beginning of the genocidal war.

Meanwhile, the Commission of Detainees and Ex-Detainees Affairs warned of inhumane conditions at Israel’s Damon Prison, where female abductees are enduring extreme hardship.

The Commission reported that food is scarce and of poor quality, leading to digestive issues and severe weight loss among inmates.

The Commission warned that Palestinian abductees are held in filthy, blood-stained cells, given only a small mattress and no food.

Most of the abductees also face insults and humiliation during their incarceration by the regime.  

It added that prisoner Karam Musa, 53, from the town of Surra in the Nablus Governorate, who was detained on February 25, 2025, was kept in a blood-stained and filthy cell, with no room for prayer, no food, and only a small mattress.

According to Karam, the Israeli Prison Service provides one plate of legumes for eight prisoners. The break period has been reduced to one hour, during which the prisoners shower.

A 44-year-old prisoner named Hanin Jaber lost eight kilograms due to malnutrition during her five months of detention.

Jaber was arrested on December 3, 2024, while out on a walk with her children in the park, on charges of sheltering and feeding her son, whom the Israeli regime claims is "wanted."

Prisoner Fidaa Suhail Assaf, 49, from the town of Kafr Laqif in the Qalqilya Governorate, has been suffering from leukemia for a year before her detention.
 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.