week for big tech. plus a pre halloween treat as the us economy returns to growth. but inflation s still a nightmare for president biden with midterm elections looming. we start with the world s richest man: billionaire boss of tesla space entrepreneur and now the new owner of twitter. elon musk has now closed his $41; billion takeover of the social media giant ahead of a 5pm deadline set by a us court. and he has moved quickly to sack the company s senior management. it brings to an end a six month long and often bad tempered takeover battle that has raised some big questions about the future of the company. from san francisco here s our technology correspondent james clayton. when elon musk had an offer to buy a twitter accepted in april, he could barely conceal his excitement. but that initial enthusiasm soon began to wane. tech stocks were plummeting and many wondered whether he d paid too much for twitter. mr musk also claimed that twitter was filled with fake
is a global challenge which we will continue to work with other countries in order to make that change on global warming. arsenal player pablo mari is among several injured in a stabbing in italy which left one person dead and in sweden, resesarchers say they re close to completing the first crash test dummy based on an average woman. space probes have witnessed a big impact crater being formed on mars the largest in the solar system ever caught in the act of excavation. hello and welcome if you re watching in the uk or around the world. the world s richest man, elon musk, has completed his long running £38 billion takeover of the social media company, twitter. the entrepreuner tweeted the bird is freed, in an apparent reference to the deal closing. mr musk also posted a longer statement on twitter, saying he didn t buy the firm to make more money. i did it to try to help humanity, whom i love . there are reports that a number of senior executives have been sacked an
the tech giant warning that cells would be lower than expected in the coming months, which include the crucial holiday season. its e commerce business had already been struggling, partly because consumers are stuck at home during the pandemic had gone back to shopping in physical stores. since taking over from jeff bezos, the ceo has been laser focused on cutting costs but it is not paying off yet. then there is amazon s cloud business which generates most of the company s profits, it grew but at a slower rate, with customers feeling the effects of a tougher economy and perhaps scaling back their use of the platform. meanwhile, apple reported revenue of $90 billion against a backdrop of softening consumer demand, sales of the iphone were slightly weaker than expected.
nearly 2% immediately after it published its third quarter results. the tech giant warning that cells would be lower than expected in the coming months, which include the crucial holiday season. its e commerce business had already been struggling, partly because consumers are stuck at home during the pandemic had gone back to shopping in physical stores. since taking overfrom jeff bezos, the ceo has been laser focused on cutting costs but it is not paying off yet. then there is amazon s cloud business which generates most of the company s profits, it grew but at a slower rate, with customers feeling the effects of a tougher economy and perhaps scaling back their use of the platform. meanwhile, apple reported revenue of $90 billion against a backdrop of softening consumer demand, sales of the iphone were slightly weaker than expected. it is worth remembering that the iphone ia was only available for two weeks of the