• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Advertise
  • Contact Us
  • About Towleroad
  • Towleroad on Social Media
  • Privacy Policy

Towleroad Gay News

Gay Blog Towleroad: More than gay news | gay men

  • Travel
  • Sports
  • Law/Justice
  • Celebrities
  • Republicans
  • Madonna
  • Books
  • Men
  • Trans Rights
  • Royals
  • Monkeypox
  • Adele moved to tears by man holding up a picture of his wife at her concert
  • Marc Jacobs admitted facelift to stop people talking s***
  • Lost radioactive capsule found in Australian Outback after huge search

U.S. weighs security reviews for Musk deals, including Twitter buy – Bloomberg News

Towleroad October 21, 2022 Leave a Comment

Published by
Reuters
649363 origin 1

(Reuters) -Biden Administration officials are discussing whether the United States should subject some of Elon Musk’s ventures to national review including the deal for Twitter Inc and SpaceX’s Starlink satellite network, Bloomberg News reported on Thursday, citing people familiar with the matter.

The SpaceX chief in recent times has taken to Twitter to announce proposals to end Russia’s war in Ukraine, and also said SpaceX cannot indefinitely fund its Starlink internet service in Ukraine. He later backed down and said he would continue to bear the costs of the service.

The discussions to review Musk’s ventures are at an early stage, sources told Bloomberg, adding that officials in the U.S. government are weighing what tools, if any, are available that would allow the federal government to review Musk’s ventures.

One possibility is through the law governing the Committee on Foreign Investment in the United States (CFIUS), which is under the U.S. Department of Treasury, to review Musk’s ventures, the report added.

An element of Musk’s $44 billion Twitter deal which could trigger a CFIUS review is the presence of foreign investors in Musk’s consortium, Bloomberg said.

The group includes Saudi Arabian investor Prince Alwaleed bin Talal and Binance, which was founded in Shanghai.

A spokesperson for the U.S. Treasury Department said CFIUS does not publicly comment on transactions that it may or may not be reviewing.

Twitter and SpaceX did not immediately respond to Reuters’ request for comment.

Musk had said he would walk away from the deal to buy Twitter in May alleging the company understated the number of bot and spam accounts on the social media platform, which started a series of lawsuits between the two parties.

Earlier this month, Musk reversed course and said he will proceed with the deal on original terms.

(Reporting by Rhea Binoy and Anirudh Saligrama in Bengaluru; Editing by Sandra Maler)

Topics: A News, Aaon, Business More Posts About: Bloomberg News, Twitter

Related Posts
  • Former FBI official warns of right-wing violence akin to ‘violent Islamic jihad’
  • Twitter suspends account of white supremacist Nick Fuentes a day after restoration
  • George Santos is living the GOP’s values | Opinion
  • Marc Jacobs admitted facelift to stop people talking s***

    Marc Jacobs admitted facelift to stop people talking s***

    Published by BANG Showbiz English Marc Jacobs is always honest about his cosmetic surgery so people can’t “talk s***” about him. The 59-year-old fashion designer was candid about going under the knife in 2021 and praised …Read More »
  • Lost radioactive capsule found in Australian Outback after huge search

    Lost radioactive capsule found in Australian Outback after huge search

    Published by Reuters By Lewis Jackson and Melanie Burton SYDNEY (Reuters) -Australian authorities on Wednesday found a radioactive capsule smaller than a coin that was lost in the vast Outback after nearly a week-long search involving …Read More »
  • Sam Smith has ‘the opposite of body dysmorphia’

    Sam Smith has ‘the opposite of body dysmorphia’

    Published by BANG Showbiz English Sam Smith has the “opposite” of body dysmorphia now. The ‘Unholy’ singer struggled in the past with the mental disorder, where someone becomes obsessed by a perceived flaw in their appearance, …Read More »
  • Jeffree Star’s Fans SCRAMBLE To Uncover Identity Of Mystery ‘NFL Boo’ As Makeup Artist Drops Latest Clue With New Lover

    Jeffree Star’s Fans SCRAMBLE To Uncover Identity Of Mystery ‘NFL Boo’ As Makeup Artist Drops Latest Clue With New Lover

    Published by Radar Online Mega Jeffree Starsent the internet on fire when he casually dropped photos showing him cuddled up to who he described as his “NFL boo” — and now, fans are scrambling to uncover …Read More »
Previous Post: « Tori Spelling ‘really happy’ to have ended feud with mum
Next Post: U.S. judge blocks New York from banning guns in church »

Primary Sidebar

Adjacent News

  • Proud Boys plotted ‘firing squads’ ahead of Jan. 6 riot: ‘War if they steal this’

    Proud Boys plotted ‘firing squads’ ahead of Jan. 6 riot: ‘War if they steal this’

  • Rock & Roll Hall of Fame 2023 nominees include Willie Nelson, Missy Elliott, George Michael, Sheryl Crow

    Rock & Roll Hall of Fame 2023 nominees include Willie Nelson, Missy Elliott, George Michael, Sheryl Crow

  • Editorial: The drag queen debate is ignorant of history and a proxy fight with kids as pawns

    Editorial: The drag queen debate is ignorant of history and a proxy fight with kids as pawns

Good Trash: Going to Read It Somewhere, Y'know

  • Stormy Daniels takes victory lap after Trump pens tirade about her on Truth Social

    Stormy Daniels takes victory lap after Trump pens tirade about her on Truth Social

  • ‘He Was Consumed With Sadness’: Lisa Marie Presley ‘Destroyed’ Ex-Husband Michael Jackson With Shock Divorce Filing

    ‘He Was Consumed With Sadness’: Lisa Marie Presley ‘Destroyed’ Ex-Husband Michael Jackson With Shock Divorce Filing

  • Jane Fonda ‘worried’ about Barbarella remake

    Jane Fonda ‘worried’ about Barbarella remake

RSS Partner Links

  • Grammys: 17 Artists Who Have Surprisingly Never Won Despite Many Nominations
  • How Was Robert Reed In Bed? + GOP Harasses Cancer Patient, But There'll Be Hell Toupée + Raft Of Anti-Trans Laws + MORE! — 6-PACK
  • Robyn Dixon Of “The Real Housewives Of Potomac” Admitted That Juan Dixon Cheated On Her Again, Despite Denying The Accusations On The Show
  • Is There a New Episode of 'Chicago Fire' Tonight? Schedule Revealed
  • Marge On Tyre Nichols' Murder By Cops: What About Ashli Babbitt?
  • OMG, herstory: the Ladies of Llanglollen get a reprint
  • OMG, have you heard? James Dean and Marlon Brando’s not-so-secret affair

Most Recent

  • Adele moved to tears by man holding up a picture of his wife at her concert

    Adele moved to tears by man holding up a picture of his wife at her concert

  • Marc Jacobs admitted facelift to stop people talking s***

    Marc Jacobs admitted facelift to stop people talking s***

  • Lost radioactive capsule found in Australian Outback after huge search

    Lost radioactive capsule found in Australian Outback after huge search

  • Sam Smith has ‘the opposite of body dysmorphia’

    Sam Smith has ‘the opposite of body dysmorphia’

  • Jeffree Star’s Fans SCRAMBLE To Uncover Identity Of Mystery ‘NFL Boo’ As Makeup Artist Drops Latest Clue With New Lover

    Jeffree Star’s Fans SCRAMBLE To Uncover Identity Of Mystery ‘NFL Boo’ As Makeup Artist Drops Latest Clue With New Lover

  • Alicia Silverstone returns as Clueless character Cher: WATCH

    Alicia Silverstone returns as Clueless character Cher: WATCH

  • Rep. George Santos agrees to skip sitting on House committees as poll shows 78% of voters want him out

    Rep. George Santos agrees to skip sitting on House committees as poll shows 78% of voters want him out

  • As Pope Francis visits Congo, LGBT+ activists cheer for perceived ally

    As Pope Francis visits Congo, LGBT+ activists cheer for perceived ally

Most Commented

Social

Twitter @tlrd | Facebook | Instagram @tlrd

Footer

Copyright © 2023 · Log in

×