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    Elon Musk Takes a Page Out of Mark Zuckerberg’s Social Media Playbook

    As Mr. Musk takes over Twitter, he is emulating some of the actions of Mr. Zuckerberg, who leads Facebook, Instagram and WhatsApp.Elon Musk has positioned himself as an unconventional businessman. When he agreed to buy Twitter this year, he declared he would make the social media service a place for unfettered free speech, reversing many of its rules and allowing banned users like former President Donald J. Trump to return.But since closing his $44 billion buyout of Twitter last week, Mr. Musk has followed a surprisingly conventional social media playbook.The world’s richest man met with more than six civil rights groups — including the N.A.A.C.P. and the Anti-Defamation League — on Tuesday to assure them that he will not make changes to Twitter’s content rules before the results of next week’s midterm elections are certified. He also met with advertising executives to discuss their concerns about their brands appearing alongside toxic online content. Last week, Mr. Musk said he would form a council to advise Twitter on what kinds of content to remove from the platform and would not immediately reinstate banned accounts.If these decisions and outreach seem familiar, that’s because they are. Other leaders of social media companies have taken similar steps. After Facebook was criticized for being misused in the 2016 presidential election, Mark Zuckerberg, the social network’s chief executive, also met with civil rights groups to calm them and worked to mollify irate advertisers. He later said he would establish an independent board to advise his company on content decisions.Mr. Musk is in his early days of owning Twitter and is expected to make big changes to the service and business, including laying off some of the company’s 7,500 employees. But for now, he is engaging with many of the same constituents that Mr. Zuckerberg has had to over many years, social media experts and heads of civil society groups said.Mr. Musk “has discovered what Mark Zuckerberg discovered several years ago: Being the face of controversial big calls isn’t fun,” said Evelyn Douek, an assistant professor at Stanford Law School. Social media companies “all face the same pressures of users, advertisers and governments, and there’s always this convergence around this common set of norms and processes that you’re forced toward.”Mr. Musk did not immediately respond to a request for comment, and a Twitter spokeswoman declined to comment. Meta, which owns Facebook and Instagram, declined to comment.Elon Musk’s Acquisition of TwitterCard 1 of 8A blockbuster deal. More

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    As Europe Piles Sanctions on Russia, Some Sacred Cows Are Spared

    The European Union has been severing economic ties with Moscow to support Ukraine, but some countries have lobbied to protect key sectors.BRUSSELS — Eight months into the war in Ukraine, and eight rounds of frantic negotiations later, Europe’s sanctions against Russia run hundreds of pages long and have in many places cut to the bone.Since February, the European Union has named 1,236 people and 155 companies for sanctions, freezing their assets and blocking their access to the bloc. It has banned the trade of products in nearly 1,000 categories and hundreds of subcategories. It has put in place a near-total embargo on Russian oil. About one-third of the bloc’s exports to Russia by value and two-thirds of imports have been banned.But even now some goods and sectors remain conspicuously exempted. A look at just a few items reveals the intense back-room bargaining and arm-twisting by some nations and by private industry to protect sectors they deem too valuable to give up — as well as the compromises the European Union has made to maintain consensus.The Belgians have shielded trade in Russian diamonds. The Greeks ship Russian oil unimpeded. France and several other nations still import Russian uranium for nuclear power generation.The net impact of these exemptions on the effectiveness of Europe’s penalties against Russia is hard to assess, but politically, they have allowed the 27 members of the bloc to pull together an otherwise vast sanctions regime with exceptional speed and unanimity.“Ultimately, this is the price of unanimity to hold together this coalition, and in the grander scheme of things the sanctions are really working,” said Jacob Kirkegaard, a senior fellow in the Brussels office of the research group the German Marshall Fund, citing Russia’s diminished access to military technology as evidence.A Lukoil gas station in Priolo Gargallo, Italy, last month. The European Union has put in place a near-total embargo on Russian oil, but some sectors of trade remain conspicuously exempt from sanctions.Gianni Cipriano for The New York Times“We would love to have everything included, diamonds and every other special interest hit, but I am of the opinion that, if sparing them is what it takes to keep everyone together, so be it,” he added.The Ukrainian government has criticized some of the exemptions, with President Volodymyr Zelensky chiding European nations for continuing to permit business with Russia, saying they are skirting sacrifices.“There are people for whom the diamonds sold in Antwerp are more important than the battle we are waging. Peace is worth much more than diamonds,” Mr. Zelensky said to the Belgian Parliament during an address by video link in late March.Keeping Diamonds ComingThe continued success of Belgium and the broad diamond sector in keeping the Russian diamond trade flowing exemplifies the sacred cows some E.U. nations refuse to sacrifice, even as their peers accept pain to punish the Kremlin.Exports of rough diamonds are very lucrative for Russia, and they flow to the Belgian port of Antwerp, a historically important diamond hub.The trade, worth 1.8 billion euros a year — about $1.75 billion — has been shielded in consecutive rounds of the bloc’s sanctions, despite being raised as a possible target soon after the Russian invasion of Ukraine in late February.The Belgian government has said that it has never asked the European Commission, the E.U. executive body that drafts the measures, to remove diamonds from any sanctions list and that if diamonds were added, it would go along.Diamonds being sorted in Mirny, Russia, at a facility operated by Alrosa, the Russian state-owned diamond company. Russian diamonds have been shielded in consecutive rounds of European sanctions.Maxim Babenko for The New York TimesTechnically speaking, that may be true. But the latest round of penalties, adopted this month, exposed the intensive interventions when a coordination error occurred among the various services in the bloc that are involved in the technical preparation of sanctions.The incident, described to The New York Times by several diplomats involved as “farcical,” shows how the lobbying works. The diplomats spoke anonymously in order to describe freely what happened.The European Commission over the course of September prepared the latest round of sanctions and left diamonds off that list.But the European External Action Service — the E.U.’s equivalent of a foreign service or state department, which works with the commission to prepare sanctions — did not get the memo that diamonds should remain exempted and included in its own draft listings Alrosa, the Russian state-owned diamonds company.Once Alrosa had been put on the draft document, removing it became difficult. Spotting the error, Poland and other hard-line pro-Ukraine countries in the bloc dragged out the negotiations over the package as much as they could on the basis that Alrosa should indeed face sanctions.In the end, the need for unanimity and speed prevailed, and Alrosa continues to export to the European Union, at least until the next round of sanctions is negotiated. In proposals for a fresh, ninth round of sanctions, presented by Poland and its allies last week, diamonds were again included, but formal talks on the new set of penalties have not yet begun.A spokesman for the European External Action Service declined to comment, saying it does not comment on internal procedures involved in preparing sanctions.The Tricastin nuclear power plant in the Drôme region of southeastern France. France is one of several E.U. countries that depend on Russian uranium to operate civil nuclear power facilities. Andrea Mantovani for The New York TimesNuclear PowerMost exemptions have not been as clear-cut as diamonds because they have involved more complex industries or services, or affected more than one country.Uranium exported from Russia for use in civil nuclear power production falls under this category. Nuclear power plants in France, Hungary, Slovakia, Finland and other countries depend on Russian civilian uranium exports.The trade is worth 200 million euros, or about $194 million, according to Greenpeace, which has been lobbying for its ban. Germany and other E.U. countries have supported the calls to ban civilian nuclear imports from Russia, making this another issue likely to come up in the next round of sanctions talks.In August, Mr. Zelensky also highlighted the persistent protection of the Russian nuclear exports to Europe just as Ukraine’s Zaporizhzhia nuclear power plant came under fire.Some supporters of keeping Russian uranium running say that France and the other countries’ ability to generate electricity by operating their nuclear power plants during an acute energy crisis is more important than the political or financial gains that could come from a ban through E.U. sanctions, at least for now.Tankers in the NightOne of the most complex and important lobbying efforts to protect a European industry from sanctions is the one mounted by Greek diplomats to allow Greek-owned tankers to transport Russian oil to non-European destinations.This has facilitated one of the Kremlin’s biggest revenue streams. More than half of the vessels transporting Russia’s oil are Greek-owned, according to information aggregated from MarineTraffic, a shipping data platform.Supporters of the Greek shipping industry say that if it pulled out of that business, others would step in to deliver Russian oil to places like India and China. Experts say lining up enough tankers to make up for a total Greek pullout would not be simple, considering the sheer size of Greek-interest fleets and their dominance in this trade.According to European diplomats involved in the negotiations, their Greek counterparts were able to exempt Greek shipping companies from the oil embargo in a tough round of talks last May and June.Since then, the E.U. has come around to a United States-led idea to keep facilitating the transport of Russian oil, in order to avert a global oil-market meltdown, but to do so at a capped price to limit Russia’s revenues.The Greeks saw an opening: They would continue to transport Russian oil, but at the capped price. The bloc offered them additional concessions, and Greece agreed that the shipping of Russian oil would be banned if the price cap was not observed.The Greek-flagged oil tanker Minerva Virgo. Greek diplomats have lobbied for Greek-owned tankers to be allowed to transport Russian oil to non-European destinations. Bjoern Kils/ReutersEven if the economic benefits of such exemptions are hard to define, from a political perspective, the continued protection of some goods and industries is creating bad blood among E.U. members.Governments that have readily taken big hits through sanctions to support Ukraine, sacrificing revenues and jobs, are embittered that their partners in the bloc continue to doggedly protect their own interests.The divisions deepen a sense of disconnect between those more hawkish pro-Ukraine E.U. nations nearer Ukraine and those farther away, although geographical proximity is far from the only determinant of countries’ attitudes toward the war.And given that the bloc is a constant negotiating arena on many issues, some warn that what goes around eventually will come around.“This may be a raw calculation of national interests, but it’s going to linger,” Mr. Kirkegaard said. “Whoever doesn’t contribute now through sacrifice, next time there’s a budget or some other debate, it’s going to come back and haunt them.” More

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    The Rise of Salem Media, a Conservative Radio Juggernaut

    In recent months, the conservative personalities Eric Metaxas, Sebastian Gorka and Charlie Kirk have used their nationally syndicated radio shows to discuss baseless claims of rigged voting machines, accuse election officials of corruption and espouse ballot fraud conspiracy theories.Now, the three men are joining a live speaking tour that will take them across Arizona, Georgia, Pennsylvania and other battleground states to promote those views — and Republican candidates — ahead of the Nov. 8 midterm elections.The radio hosts and their tour are united by a common backer: Salem Media Group, a publicly traded media company in Irving, Texas. Mr. Metaxas, Mr. Gorka and Mr. Kirk have contracts with the company, which is also hosting the Battleground Talkers trip. The tour features more than half a dozen other conservative media personalities as well, including Hugh Hewitt and Dennis Prager, who also have deals with Salem.Created as a Christian radio network nearly 50 years ago by two brothers-in-law, Salem has quietly turned into a conservative media juggernaut as it increasingly takes an activist stance in the midterm elections. The company has publicly said it wants a strong turnout of conservative voters for Nov. 8, and its hosts have amplified the messages of conspiracy theorists, including misinformation about the voting process.“The war for America’s soul is on the line,” Salem said in promotional materials for the tour. It added that the radio hosts were traveling to “influence those who are undecided.”Salem, which has a market capitalization of nearly $45 million, is smaller than audio competitors like Cumulus Media and iHeartMedia, as well as conservative media organizations such as Fox News. But it stands out for its blend of right-leaning politics and Christian content and its vast network of 100 radio stations and more than 3,000 affiliates, many of them reaching deep into parts of America that don’t engage with most mainstream media outlets.Salem also operates dozens of religious and conservative websites, as well as podcasts, television news, book publishing and a social media influencer network. The company, which describes its news content as “the antidote to the mainstream media,” has said it reaches 11 million radio listeners.Salem expanded into film this year by financing “2000 Mules,” a widely debunked but popular movie that claimed voter fraud in the 2020 presidential election.Charity Rachelle for The New York TimesThis year, it expanded into film by financing “2000 Mules,” a widely debunked but popular movie that claimed significant voter fraud in the 2020 presidential election. It was directed by Dinesh D’Souza, a conservative figure who has a deal with Salem, and features interviews with others who have shows on Salem. The company plans to publish a book version of the film this month.The general public may not be familiar with Salem, “but their hosts are big names and they have huge reach, which makes them one of the most powerful forces in conservative media that hardly anyone knows about,” said Craig Aaron, president of Free Press, a nonprofit that fights misinformation and supports media competition.The State of the 2022 Midterm ElectionsWith the primaries over, both parties are shifting their focus to the general election on Nov. 8.The Final Stretch: With less than one month until Election Day, Republicans remain favored to take over the House, but momentum in the pitched battle for the Senate has seesawed back and forth.A Surprising Battleground: New York has emerged from a haywire redistricting cycle as perhaps the most consequential congressional battleground in the country. For Democrats, the uncertainty is particularly jarring.Arizona’s Governor’s Race: Democrats are openly expressing their alarm that Katie Hobbs, the party’s nominee for governor in the state, is fumbling a chance to defeat Kari Lake in one of the most closely watched races.Herschel Walker: The Republican Senate nominee in Georgia reportedly paid for an ex-girlfriend’s abortion, but members of his party have learned to tolerate his behavior.Salem did not respond to requests for interviews. Phil Boyce, the company’s senior vice president of spoken word, said in a news release for the battleground states tour that “there has never been a more important midterm election than this one, and Salem is thrilled to be front and center, leading the charge.”Mr. Metaxas, Mr. Prager, Mr. Kirk, Mr. Hewitt and Mr. D’Souza did not respond to requests for comment. In his response for comment, Mr. Gorka said The New York Times was “FAKENEWS fraud.”Sebastian Gorka, a right-wing personality who has a radio show on Salem Media, had former President Donald J. Trump on his show this year.Scott McIntyre for The New York TimesSalem has faced legal challenges as its hosts have discussed conspiracy theories about voter fraud. Eric Coomer, a former executive of Dominion Voting Systems, a maker of election technology, has filed lawsuits against Salem, Mr. Metaxas and several media outlets since 2020 for defamation after being accused on air of perpetuating voter fraud and joining the left-wing antifa movement. Nicole Hemmer, a political historian at Vanderbilt University and author of “Messengers of Right: Conservative Media and the Transformation of American Politics,” said Salem’s effect was far-reaching.“They are using their many different properties for coordinated messaging to promote misinformation, which is undermining democracy,” she said.Salem was started in 1974 with two tiny radio stations in North Carolina owned by two brothers-in-law, Edward G. Atsinger III and Stuart W. Epperson. Over time, they steadily added more stations across the country and sold blocks of airtime for sermons. Salem is now in most major radio markets..css-1v2n82w{max-width:600px;width:calc(100% – 40px);margin-top:20px;margin-bottom:25px;height:auto;margin-left:auto;margin-right:auto;font-family:nyt-franklin;color:var(–color-content-secondary,#363636);}@media only screen and (max-width:480px){.css-1v2n82w{margin-left:20px;margin-right:20px;}}@media only screen and (min-width:1024px){.css-1v2n82w{width:600px;}}.css-161d8zr{width:40px;margin-bottom:18px;text-align:left;margin-left:0;color:var(–color-content-primary,#121212);border:1px solid var(–color-content-primary,#121212);}@media only screen and (max-width:480px){.css-161d8zr{width:30px;margin-bottom:15px;}}.css-tjtq43{line-height:25px;}@media only screen and (max-width:480px){.css-tjtq43{line-height:24px;}}.css-x1k33h{font-family:nyt-cheltenham;font-size:19px;font-weight:700;line-height:25px;}.css-1hvpcve{font-size:17px;font-weight:300;line-height:25px;}.css-1hvpcve em{font-style:italic;}.css-1hvpcve strong{font-weight:bold;}.css-1hvpcve a{font-weight:500;color:var(–color-content-secondary,#363636);}.css-1c013uz{margin-top:18px;margin-bottom:22px;}@media only screen and (max-width:480px){.css-1c013uz{font-size:14px;margin-top:15px;margin-bottom:20px;}}.css-1c013uz a{color:var(–color-signal-editorial,#326891);-webkit-text-decoration:underline;text-decoration:underline;font-weight:500;font-size:16px;}@media only screen and (max-width:480px){.css-1c013uz a{font-size:13px;}}.css-1c013uz a:hover{-webkit-text-decoration:none;text-decoration:none;}How Times reporters cover politics. We rely on our journalists to be independent observers. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. This includes participating in marches or rallies in support of a movement or giving money to, or raising money for, any political candidate or election cause.Learn more about our process.The company went public in 1999 as the internet was rising. In its public offering prospectus, Salem said it would focus on acquiring digital platforms and cross-promoting content across its channels to attract new audiences.In 2006, Salem bought the conservative political website Townhall.com; other deals for conservative sites followed, including HotAir, Twitchy and PJ Media. It purchased a publishing company, Eagle Publishing, in 2014 in a deal that included RedState, a conservative blog, and Regnery, a publisher with conservative authors like Ann Coulter and Laura Ingraham. Regnery said last year that it was “proud to stand in the breach” with Senator Josh Hawley, Republican of Missouri, when it agreed to print his book after Simon & Schuster dropped the title in the wake of the Jan. 6 Capitol riot.This summer, Salem said it had added a podcast hosted by two “culture warriors,” Rob McCoy and Bryce Eddy of the talk show “Liberty Station.” In January, the company awarded its Culture Warrior of the Year award to Ron DeSantis, the Republican governor of Florida, who has made a point of goading liberals.More recently, Salem has promoted to advertisers its “360-degree deals,” meaning that it can amplify messages across radio, podcasts, books, film and websites.Salem has said it is “thrilled to be front and center, leading the charge” in next month’s midterm elections.Rebecca Noble for The New York TimesPolitics were not new to Salem’s founders. Mr. Epperson unsuccessfully ran for Congress in 1984 and 1986 as a Republican. Mr. Atsinger contributed to Republican candidates like George W. Bush and Larry Elder, a Salem radio host who mounted a failed campaign in the California governor’s recall election last year. In Washington, Salem fought to remove regulatory hurdles that complicated its acquisition spree.At the beginning of the year, Mr. Atsinger stepped down as Salem’s chief executive and became chairman, succeeding Mr. Epperson, who took on the title of chairman emeritus.Salem’s executives largely stayed out of editorial decisions — until the Trump administration, said Ben Howe, a former employee of RedState; Craig Silverman, a former Salem radio commentator in Denver; and a third former employee, who declined to be identified for fear of retaliation.In July 2017, Salem held an event at the White House, and several radio hosts interviewed top Trump administration officials. At a Salem reception at the Capitol the next day, the Senate Republican leader, Mitch McConnell, and the House Republican leader, Kevin McCarthy, gave speeches.“There was a lot of closeness,” said Mr. Silverman, who attended the events. “McConnell and McCarthy praised Salem, and vice versa. It felt like some sort of team effort.”In April 2018, Salem’s RedState blog fired several employees who had been vocal critics of Mr. Trump. The site’s unofficial slogan had long been “Take on the left. Clean up the right,” said Mr. Howe, a writer for the site who was one of those fired. “But one to two years into office, everything changed. It was like it was no longer good for business to be critical of Trump.”Mr. Silverman said his radio show was cut off in November 2019 as he excoriated Mr. Trump over accusations that the president had pressured Ukraine to investigate Joseph R. Biden Jr., then a Democratic presidential candidate, by withholding aid to the country. Mr. Silverman said he was then fired.“The political environment has never been as interesting and as heated and intense as it is right now,” David Santrella, Salem’s chief executive, said on a recent earnings call.Business Wire, via Associated PressSalem said in press reports at the time that such dismissals were not politically motivated, explaining that it had fired the RedState employees because of financial considerations and Mr. Silverman because he had appeared on non-Salem shows. Mr. Silverman said those appearances were allowed under his contract.As Mr. Trump’s term wound down, Salem ran into financial pressure. In 2019, the company said four board members, including two of the co-founders’ sons, had resigned because “Salem has faced several unique financial headwinds and we are looking for ways to cut costs while not impacting revenue.” Both sons have since returned to the board.In May 2020, the company moved to eliminate new hiring, suspend its dividend, reduce head count, cut pay and request discounts from vendors, blaming the pandemic for forcing it to conserve cash. It reported $11.2 million in forgiven loans from the government’s Paycheck Protection Program.But Salem’s finances have improved since then. Its net income rose to $41.5 million in 2021 from a loss in 2020, while revenue increased to $258.2 million from $236.2 million a year earlier.Salem’s political platforms are a bright spot. On an earnings call in August, Salem executives said that so far this year, political advertisers had spent nearly twice as much on Salem platforms as they did over the same period in the presidential election year of 2020, which had been the “biggest political year ever.” David Santrella, the chief executive, has predicted that “hot button” issues like abortion would probably boost ad revenue.“The political environment has never been as interesting and as heated and intense as it is right now,” he said.Kitty Bennett More

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    Twitter and TikTok Lead in Amplifying Misinformation, Report Finds

    A new analysis found that algorithms and some features of social media sites help false posts go viral.It is well known that social media amplifies misinformation and other harmful content. The Integrity Institute, an advocacy group, is now trying to measure exactly how much — and on Thursday it began publishing results that it plans to update each week through the midterm elections on Nov. 8.The institute’s initial report, posted online, found that a “well-crafted lie” will get more engagements than typical, truthful content and that some features of social media sites and their algorithms contribute to the spread of misinformation.Twitter, the analysis showed, has what the institute called the great misinformation amplification factor, in large part because of its feature allowing people to share, or “retweet,” posts easily. It was followed by TikTok, the Chinese-owned video site, which uses machine-learning models to predict engagement and make recommendations to users.“We see a difference for each platform because each platform has different mechanisms for virality on it,” said Jeff Allen, a former integrity officer at Facebook and a founder and the chief research officer at the Integrity Institute. “The more mechanisms there are for virality on the platform, the more we see misinformation getting additional distribution.”The institute calculated its findings by comparing posts that members of the International Fact-Checking Network have identified as false with the engagement of previous posts that were not flagged from the same accounts. It analyzed nearly 600 fact-checked posts in September on a variety of subjects, including the Covid-19 pandemic, the war in Ukraine and the upcoming elections.Facebook, according to the sample that the institute has studied so far, had the most instances of misinformation but amplified such claims to a lesser degree, in part because sharing posts requires more steps. But some of its newer features are more prone to amplify misinformation, the institute found.Facebook’s amplification factor of video content alone is closer to TikTok’s, the institute found. That’s because the platform’s Reels and Facebook Watch, which are video features, “both rely heavily on algorithmic content recommendations” based on engagements, according to the institute’s calculations.Instagram, which like Facebook is owned by Meta, had the lowest amplification rate. There was not yet sufficient data to make a statistically significant estimate for YouTube, according to the institute.The institute plans to update its findings to track how the amplification fluctuates, especially as the midterm elections near. Misinformation, the institute’s report said, is much more likely to be shared than merely factual content.“Amplification of misinformation can rise around critical events if misinformation narratives take hold,” the report said. “It can also fall, if platforms implement design changes around the event that reduce the spread of misinformation.” More

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    Elon Musk’s Twitter Will Be a Wild Ride

    His deal to buy the company is back on. Here are six predictions about Twitter under Musk’s control, if it happens.Buckle up.Elon Musk, who for months has been strenuously trying to back out of a deal to buy Twitter for $44 billion, now appears ready to buy the company after all. In a surprise letter to Twitter on Monday night, Mr. Musk offered to take Twitter private at his originally proposed price — $54.20 per share — marking a possible end to one of the most dramatic legal feuds in Silicon Valley history.It’s worth noting that the deal could still fall apart — Mr. Musk is famously subject to 11th-hour mood shifts — but the most likely outcome now is that the world’s richest man will in fact become Twitter’s new owner, possibly as soon as this week.Much is unknown about what Mr. Musk will do with Twitter if he acquires it. The mercurial billionaire has made only the vaguest of public statements about his plans for the company and its products.But we now know, thanks in part to a bevy of text messages released as part of the protracted legal battle, that it will be nothing like business as usual. And there are at least six predictions I feel confident making, if the deal does in fact close.He’s going to clean house, starting with firing Twitter’s chief executive, Parag Agrawal.A juicy set of text messages between Mr. Musk and his friends and business associates emerged last week, as part of the legal battle. In them, Mr. Musk made clear that he was unhappy with Twitter’s current leadership — in particular with Parag Agrawal, the chief executive, who took over last year from Jack Dorsey.The texts revealed that Mr. Agrawal had initially sought to work constructively with Mr. Musk, and that the two even had a friendly dinner near San Jose, Calif., in March. But the men eventually clashed. Mr. Agrawal, at one point, told Mr. Musk via text message that his habit of tweeting things like “Is Twitter dying?” was “not helping me make Twitter better.”“What did you get done this week?” Mr. Musk shot back. “This is a waste of time.”From reading Mr. Musk’s texts, it’s clear he believes that Twitter’s leadership is weak and ineffective, and lacks the ability to carry out his vision for the company. If Mr. Agrawal doesn’t immediately resign once the deal is complete, I’d expect Mr. Musk to fire him on Day 1 and name himself or a close ally as a replacement.Mr. Musk has also expressed displeasure with other Twitter executives, and it’s hard to see how he could fire Mr. Agrawal without also clearing out most or all of the company’s top leadership and installing his own slate of loyalists.Parag Agrawal, the chief executive of Twitter, may be at risk of losing his job if Mr. Musk takes control of the company.Kevin Dietsch/Getty ImagesEmployees will revolt.Another easy prediction to make about Mr. Musk’s takeover is that it will generate enormous backlash among Twitter’s rank-and-file employees.Twitter, more so than other social media platforms, has a vocally progressive work force and many employees who are deeply invested in the company’s mission of promoting “healthy conversation.” Those employees may believe — for good reason! — that under Mr. Musk’s leadership, Twitter will abandon many of the projects they care about in areas like trust and safety. Or they may simply not want to deal with the drama and tumult of a Musk regime, and start looking for jobs elsewhere.What Happened to Elon Musk’s Twitter DealCard 1 of 9A blockbuster deal. More

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    The Midterm Election’s Most Dominant Toxic Narratives

    Ballot mules. Poll watch parties. Groomers.These topics are now among the most dominant divisive and misleading narratives online about November’s midterm elections, according to researchers and data analytics companies. On Twitter, Facebook, Reddit, Truth Social and other social media sites, some of these narratives have surged in recent months, often accompanied by angry and threatening rhetoric.The effects of these inflammatory online discussions are being felt in the real world, election officials and voting rights groups said. Voters have flooded some local election offices with misinformed questions about supposedly rigged voting machines, while some people appear befuddled about what pens to use on ballots and whether mail-in ballots are still legal, they said.“Our voters are angry and confused,” Lisa Marra, elections director in Cochise County, Ariz., told a House committee last month. “They simply don’t know what to believe.”The most prevalent of these narratives fall into three main categories: continued falsehoods about rampant election fraud; threats of violence and citizen policing of elections; and divisive posts on health and social policies that have become central to political campaigns. Here’s what to know about them.Misinformation about the 2020 election, left, has fueled the “Stop the Steal” movement, center, and continues to be raised at campaign events for the midterms, right.From left, Amir Hamja for The New York Times, Gabriela Bhaskar for The New York Times, Ash Ponders for The New York Times Election FraudFalse claims of election fraud are commanding conversation online, with former President Donald J. Trump continuing to protest that the 2020 presidential election was stolen from him.Voter fraud is rare, but that falsehood about the 2020 election has become a central campaign issue for dozens of candidates around the country, causing misinformation and toxic content about the issue to spread widely online.“Stolen election” was mentioned 325,589 times on Twitter from June 19 to July 19, a number that has been fairly steady throughout the year and that was up nearly 900 percent from the same period in 2020, according to Zignal Labs, a media research firm.On the video-sharing site Rumble, videos with the term “stop the steal” or “stolen election” and other claims of election fraud have been among the most popular. In May, such posts attracted 2.5 million viewers, more than triple the total from a year earlier, according to Similarweb, a digital analytics firm.More recently, misinformation around the integrity of voting has metastasized. More conspiracy theories are circulating online about individuals submitting fraudulent ballots, about voting machines being rigged to favor Democrats and about election officials switching the kinds of pens that voters must use to mark ballots in order to confuse them.The State of the 2022 Midterm ElectionsWith the primaries over, both parties are shifting their focus to the general election on Nov. 8.Inflation Concerns Persist: In the six-month primary season that has just ended, several issues have risen and fallen, but nothing has dislodged inflation and the economy from the top of voters’ minds.Herschel Walker: The Republican Senate candidate in Georgia claimed his business donated 15 percent of its profits to charities. Three of the four groups named as recipients say they didn’t receive money.North Carolina Senate Race: Are Democrats about to get their hearts broken again? The contest between Cheri Beasley, a Democrat, and her G.O.P. opponent, Representative Ted Budd, seems close enough to raise their hopes.Echoing Trump: Six G.O.P. nominees for governor and the Senate in critical midterm states, all backed by former President Donald J. Trump, would not commit to accepting this year’s election results.These conspiracy theories have in turn spawned new terms, such as “ballot trafficking” and “ballot mules,” which is used to describe people who are paid to cast fake ballots. The terms were popularized by the May release of the film “2000 Mules,” a discredited movie claiming widespread voter fraud in the 2020 election. From June 19 to July 19, “ballot mules” was mentioned 17,592 times on Twitter; it was not used before the 2020 election, according to Zignal.In April, the conservative talk show host Charlie Kirk interviewed the stars of the film, including Catherine Engelbrecht of the nonprofit voting group True the Vote. Mr. Kirk’s interview has garnered more than two million views online.“A sense of grievance is already in place,” said Kyle Weiss, a senior analyst at Graphika, a research firm that studies misinformation and fake social media accounts. The 2020 election “primed the public on a set of core narratives, which are reconstituting and evolving in 2022.”.css-1v2n82w{max-width:600px;width:calc(100% – 40px);margin-top:20px;margin-bottom:25px;height:auto;margin-left:auto;margin-right:auto;font-family:nyt-franklin;color:var(–color-content-secondary,#363636);}@media only screen and (max-width:480px){.css-1v2n82w{margin-left:20px;margin-right:20px;}}@media only screen and (min-width:1024px){.css-1v2n82w{width:600px;}}.css-161d8zr{width:40px;margin-bottom:18px;text-align:left;margin-left:0;color:var(–color-content-primary,#121212);border:1px solid var(–color-content-primary,#121212);}@media only screen and (max-width:480px){.css-161d8zr{width:30px;margin-bottom:15px;}}.css-tjtq43{line-height:25px;}@media only screen and (max-width:480px){.css-tjtq43{line-height:24px;}}.css-x1k33h{font-family:nyt-cheltenham;font-size:19px;font-weight:700;line-height:25px;}.css-ok2gjs{font-size:17px;font-weight:300;line-height:25px;}.css-ok2gjs a{font-weight:500;color:var(–color-content-secondary,#363636);}.css-1c013uz{margin-top:18px;margin-bottom:22px;}@media only screen and (max-width:480px){.css-1c013uz{font-size:14px;margin-top:15px;margin-bottom:20px;}}.css-1c013uz a{color:var(–color-signal-editorial,#326891);-webkit-text-decoration:underline;text-decoration:underline;font-weight:500;font-size:16px;}@media only screen and (max-width:480px){.css-1c013uz a{font-size:13px;}}.css-1c013uz a:hover{-webkit-text-decoration:none;text-decoration:none;}How Times reporters cover politics. We rely on our journalists to be independent observers. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. This includes participating in marches or rallies in support of a movement or giving money to, or raising money for, any political candidate or election cause.Learn more about our process.The security of ballot drop boxes, left; the search for documents at Mar-a-Lago, center; and the role of the F.B.I., right, are being widely discussed online in the context of the midterm elections. From left, Marco Garcia for The New York Times, Saul Martinez for The New York Times, Kenny Holston for The New York TimesCalls to ActionOnline conversations about the midterm elections have also been dominated by calls for voters to act against apparent election fraud. In response, some people have organized citizen policing of voting, with stakeouts of polling stations and demands for information about voter rolls in their counties. Civil rights groups widely criticize poll watching, which they say can intimidate voters, particularly immigrants and at sites in communities of color.From July 27 to Aug. 3, the second-most-shared tweet about the midterms was a photo of people staking out a ballot box, with the message that “residents are determined to safeguard the drop boxes,” according to Zignal. Among those who shared it was Dinesh D’Souza, the creator of “2000 Mules,” who has 2.4 million followers on Twitter.In July, Seth Keshel, a retired Army captain who has challenged the result of the 2020 presidential election, shared a message on Telegram calling for “all-night patriot tailgate parties for EVERY DROP BOX IN AMERICA.” The post was viewed more than 70,000 times.Anger toward the F.B.I. is also reflected in midterm-related conversations, with a rise in calls to shut down or defund the agency after last month’s raid of Mr. Trump’s Florida residence, Mar-a-Lago.“Abolish FBI” became a trending hashtag across social media, mentioned 122,915 times on Twitter, Facebook, Reddit and news sites from July 1 to Aug. 30, up 1,990 percent from about 5,882 mentions in the two months before the 2020 election, according to Zignal.In a video posted on Twitter on Sept. 20, Representative Andrew Clyde, Republican of Georgia, implied that he and others would take action against the F.B.I. if Republicans won control of Congress in November.“You wait till we take the House back. You watch what happens to the F.B.I.,” he said in a video captured by a left-leaning online show, “The Undercurrent,” and shared more than 1,000 times on Twitter within a few hours. Mr. Clyde did not respond to a request for comment.Representative Marjorie Taylor Greene of Georgia, center, is among the politicians who have spread misinformation about gay and transgender people, a report said.From left: Todd Heisler/The New York Times, Stefani Reynolds for The New York Times, Todd Heisler/The New York TimesHot-Button IssuesSome online conversations about the midterms are not directly related to voting. Instead, the discussions are centered on highly partisan issues — such as transgender rights — that candidates are campaigning on and that are widely regarded as motivating voters, leading to a surge of falsehoods.A month after Florida passed legislation that prohibits classroom discussion or instruction about sexual orientation and gender identity, which the Republican governor, Ron DeSantis, signed into law in March, the volume of tweets falsely linking gay and transgender individuals to pedophilia soared, for example.Language claiming that gay people and transgender people were “grooming” children for abuse increased 406 percent on Twitter in April, according to a study by the Human Rights Campaign and the Center for Countering Digital Hate.The narrative was spread most widely by 10 far-right figures, including midterm candidates such as Representatives Lauren Boebert of Colorado and Marjorie Taylor Greene of Georgia, according to the report. Their tweets on “grooming” misinformation were viewed an estimated 48 million times, the report said.In May, Ms. Boebert tweeted: “A North Carolina preschool is using LGBT flag flashcards with a pregnant man to teach kids colors. We went from Reading Rainbow to Randy Rainbow in a few decades, but don’t dare say the Left is grooming our kids!” The tweet was shared nearly 2,000 times and liked nearly 10,000 times.Ms. Boebert and Ms. Taylor Greene did not respond to requests for comment.On Facebook and Instagram, 59 ads also promoted the narrative that the L.G.B.T.Q.+ community and allies were “grooming” children, the report found. Meta, the owner of Facebook and Instagram, accepted up to $24,987 for the ads, which were served to users over 2.1 million times, according to the report.Meta said it had removed several of the ads mentioned in the report.“The repeated pushing of ‘groomer’ narratives has resulted in a wider anti-L.G.B.T. moral panic that has been influencing state and federal legislation and is likely to be a significant midterm issue,” said David Thiel, the chief technical officer at the Stanford Internet Observatory, which studies online extremism and disinformation. More

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    Targeting ‘Woke Capital’

    West Virginia’s banning of five big Wall Street banks for doing business with the state is yet another step toward a politicized world of red brands and blue brands. Florida’s DeSantis: Make profits great again.Phelan M. Ebenhack/Associated PressStates take action against ‘woke C.E.O.s’ Five big Wall Street firms woke up to a headache yesterday, and the ailment seems to be spreading fast. Riley Moore, the outspoken treasurer of West Virginia, announced that Goldman Sachs, JPMorgan, BlackRock, Morgan Stanley and Wells Fargo were banned from doing business with the state because they had stopped supporting the coal industry, reports The Times’s David Gelles.The banks have sharply reduced financing for new coal projects, while BlackRock has been reducing its actively managed holdings in coal companies since 2020. Coal, the most polluting fossil fuel, has become less profitable in recent years.Some of the firms do business with West Virginia in various ways. JPMorgan, for example, handles some banking services for West Virginia’s public university. But the dollar figures are relatively small, and the law does not affect the holdings of the state’s pension fund.The development is yet another step toward a politicized world of red brands and blue brands. In these hyperpartisan times, companies are increasingly being caught between conservatives and progressives, and some brands are being typecast as Republican or Democratic. The timing of the announcement was striking, coming just hours after Senator Joe Manchin of West Virginia, who had been the chief Democratic holdout on climate legislation, relented and agreed to sign on.Meanwhile in Florida, Gov. Ron DeSantis unloaded on the supposedly “woke” ideology of some financial services firms, criticizing E.S.G. investing and announcing plans for legislation that would “prohibit big banks, credit card companies and money transmitters from discriminating against customers for their religious, political or social beliefs.” At a news conference this week, he also said he wanted to prohibit the state’s pension fund managers from considering environmental factors when making investment decisions. Instead, he said, they need to be focusing only on “maximizing the return on investment.”Businesses now “marginalize” people because of political disagreements, DeSantis said. “That is not the way you can run an economy effectively.” He singled out PayPal, which has cut off accounts associated with far-right groups that participated in the Jan. 6 Capitol riot, and GoFundMe, which blocked donations to a group supporting truckers who occupied Ottawa this year.HERE’S WHAT’S HAPPENING Amazon’s shares soar as the company says consumer demand remains strong. The positive comments from C.E.O. Andrew Jassy and other top executives caused investors to shrug off the fact that the giant internet retailer reported its slowest quarterly sales growth in two decades, and has cut nearly 100,000 workers. Apple’s quarterly results were also better than expected, as Big Tech’s profits have been resilient even as the economy has slowed.The eurozone economy grew faster than expected, but so did inflation. Positive G.D.P. growth for the region, a day after the U.S. reported that economic growth slumped for the second quarter in a row, relieved some worries about growing stagflation. Still, inflation in the eurozone hit 8.9 percent in July compared with a year ago, a fresh record.The Biden administration plans to offer updated booster shots in September. With reformulated shots from Pfizer and Moderna on the horizon, the F.D.A. has decided that Americans under 50 should wait to receive second boosters.Read More About Oil and Gas PricesPrices Drop: U.S. gas prices have been on the decline, offering some relief to drivers. But weather, war and demand will influence how long it lasts.Stock Market: As financial markets around the world fell this spring amid worries about inflation and rising interest rates, energy was the only sector gaining ground. Summer Driving Season: The spike in gas prices is being driven in part by vacationers hitting the road. Here’s what our reporter saw on a recent trip.Gas Tax Holiday: President Biden called on Congress to temporarily suspend the federal gas tax, but experts remain skeptical the move would benefit consumers much, because tax is such a small percentage of the price you pay at the pump..A new book reignites a debate about how L.A. Times editors handled a 2017 exposé. Paul Pringle, a veteran reporter at the L.A. Times, writes in his book “Bad City” that top editors tried to slow-walk the paper’s initial groundbreaking article, which detailed how the dean of the University of Southern California’s medical school used drugs with young people.Trader Joe’s workers at a Massachusetts store form a union. It is the only one of the supermarket chain’s more than 500 stores with a formal union, but similar moves are afoot elsewhere, just as the union campaign has spread at Starbucks. Trader Joe’s will face at least one more union vote soon, at a Minneapolis store next month, and workers at a store in Colorado filed an election petition this week.Big oil’s big profitsOil companies are reporting surging profits, even as consumers and world leaders are dealing with the hardships caused by higher energy prices.Buoyed by high oil and gas prices, the energy sector is expected to have swelled earnings by more than 250 percent in the second quarter. Exxon Mobil and Chevron, the U.S.’s two largest oil companies, reported record profits this morning, with Exxon’s profit more than tripling from a year ago. Europe’s biggest oil companies, Shell and TotalEnergies, yesterday reported a combined $21 billion in profits.The fallout from Russia’s invasion of Ukraine has led to significant financial benefits for energy companies and their investors. The pain of rising energy prices and shortages, though, has been felt particularly strongly by consumers and businesses in Europe, which received roughly half of Russia’s oil exports before the invasion. In Asia and Africa, higher energy prices could push millions of people back into energy poverty, the International Energy Agency warned last month.It’s also led to claims of profiteering. President Biden said last month that oil companies were benefiting from their own underinvestment in refining capacity. In Britain, Boris Johnson, the outgoing prime minister, imposed a windfall tax on major oil and gas companies. But a top contender to replace him, Liz Truss, said that she opposed the tax because it would send “the wrong signal to the world,” and that Shell should be encouraged to invest in Britain.Oil companies have pointed the finger back at politicians. Ben van Beurden, Shell’s chief executive, said yesterday that energy prices were high in part because of government policies that discouraged investment in oil and natural gas in recent years.Gas prices in the U.S. have fallen over the last month, and there are some indications that more relief could be ahead. Citigroup said in a research note today that it expected growth in the supply of oil to outpace weaker demand. Still, geopolitical factors and the weather could change the trajectory of prices, particularly if the U.S. has an active hurricane season that disrupts refining capacity. “Just a few of these risks materializing could work up a continued perfect storm of high volatility,” Citigroup said.“There is a principle at stake. What can you buy if you have unlimited cash? Can you bend every rule? Can you take apart monuments?”— Stefan Lewis, a former member of Rotterdam’s City Council, explaining the outrage over the city’s decision, which has since been reversed, to temporarily dismantle a bridge to accommodate Jeff Bezos and his superyacht.The dark secrets of corporate subsidy deals Every year, state and local officials negotiate about $95 billion in economic development deals, competing with one another to recruit companies to their communities with lucrative subsidies in exchange for their business.But some corporations are becoming increasingly aggressive about forcing officials to sign nondisclosure agreements that could end up hurting the communities that the businesses were supposed to help, according to a new report by the American Economic Liberties Project, a progressive antitrust advocacy group. The N.D.A.s sometimes prohibit officials from disclosing basic information about a corporation, like its name and the type of business it’s building, Pat Garofalo, an author of the report, told DealBook.These N.D.A.s prevent community members, like workers and local businesses, from sharing their input on the deal until after it is completed. One recent example is the $4 billion battery factory that Panasonic will build in Kansas, which will get nearly $1 billion in subsidies. Before the deal was completed, Panasonic was also negotiating with Oklahoma, and the states were in a bidding war over the electronics giant’s business. But lawmakers could not talk about the corporation on the other side of the bargaining table in public — and sometimes didn’t even know its name. In April, Oklahoma officials complained that they had two hours to contemplate a complex incentive package worth $700 million, or about 8 percent of the state budget. “How am I supposed to go back to my constituents and say, ‘I gave away three-quarters of a billion dollars to a company that I don’t even know their name?’ Is that responsible?” State Representative Collin Walke said during an appropriations meeting.Some states have introduced bills to ban these N.D.A.s, which the report calls “an extremely common tactic” in development deals. This year, such legislation was introduced in New York, Michigan, Illinois, and Florida. New York’s State Senate voted unanimously to approve a ban. Garofalo thinks the New York lawmakers were galvanized by the Amazon HQ2 bid that fell apart in 2019. But he notes that communities don’t have to wait for politicians to fix the problem. Engaged citizens have used public meeting and records laws to solve subsidy mysteries, and sometimes a little transparency is all it takes, Garofalo said. “When the public does get a say,” he told DealBook, “the deals are better, or bad deals are knocked off right away.”THE SPEED READ Deals“Private equity giant Carlyle’s latest big play: Small Brooklyn buildings” (The Real Deal)Ernst & Young’s plan to split is reportedly being held up by debt issues. (WSJ)Newsmax renewed a deal to be carried by Verizon’s Fios, days before its rival One America News is to be dropped. Both are known for their loyalty to former President Trump. (NYT)PolicyThe private equity industry is objecting to a proposed U.S. tax increase on carried-interest income. (NYT)“Dry Fountains, Cold Pools, Less Beer? Germans Tip-Toe Up the Path to Energy Savings” (NYT)The big question is not whether the U.S. is in a recession. It’s whether the economy’s problems will worsen. (NYT’s The Morning)Best of the restArchitects have a reimagined vision for the former Deutsche Bank atrium at 60 Wall Street, with plans to make it look less like a Mediterranean spa and more like a Singapore airport. (NYT)Instagram is rolling back some product changes after celebrities like Kylie Jenner and Kim Kardashian criticized them. (NYT)TV showrunners are demanding that studios create protocols to protect employees in states where abortion has been outlawed. (Variety)Richard Rosenthal, the top defense lawyer for dangerous dogs, has even frustrated animal rights groups. (NYT)We’d like your feedback! Please email thoughts and suggestions to dealbook@nytimes.com. More