Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Australian Household Spending Dips in December as RBA Tightens Policy 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Twitter is set to be acquired by Elon Musk this week, and it was reported that ahead of the deadline for closing the deal on Friday, Oct. 28, its chief executive officer and chief financial officer have already vacated their offices. Sources said that the 51-year-old Tesla founder has taken over and is now in charge of the company.
As per CNBC, Twitter’s CEO Parag Agrawal and CFO Ned Segal have left the San Francisco headquarters and will not be coming back. On the other hand, Musk was given until Friday to complete his $44 billion acquisition of the social media platform.
The court already stated before that in case Musk failed to close the deal on the set date, he would have to face Twitter in court next month. At any rate, Musk surprised everyone when he visited the social media firm’s HQ this week. Some described his visit as bizarre because he showed up carrying a sink.
The billionaire posted the short clip of his arrival at Twitter’s HQ on his account and aptly captioned it with “Entering Twitter HQ – let that sink in!”
There were various interpretations of his action of bringing a sink, and one is that Musk is trying to be humorous, and his action was intended as a pun on the phrase “let that sink in,” which means allowing something to penetrate the mental awareness so things could be understood.
Then again, insiders commented that no one really knows what Musk was trying to say with that stunt, so the real meaning is unknown.
Meanwhile, Elon Musk posted a message on Twitter just a day before the deal’s deadline and explained why he decided to buy the platform. He said the site is essential to the civilization’s future.
“The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square where a wide range of beliefs can be debated in a healthy manner, without resorting to violence,” he said in the message. “There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society.”
Photo by: Joshua Hoehne/Unsplash
