Our president is even touting it now for winning the election.
"Without the tweets, I wouldn't be here," President Donald Trump told the Financial Times in a recent interview. To which, Twitter's co-founder and board member, Evan Williams, apologized.
"If it's true that he wouldn't be president if it weren't for Twitter, then yeah, I'm sorry," Williams responded in an interview with the New York Times over the weekend.
Twitter, founded to be a place for friends and family to exchange thoughts and ideas, has oftentimes become a hostile environment and a hub for bullying and harassment.
And Williams acknowledged that in his Times interview.
"I thought once everybody could speak freely and exchange information and ideas, the world is automatically going to be a better place," Williams said. "I was wrong about that."
And on that dreary note, here comes Twitter's annual shareholders' meeting today!
Here's What Else You Missed
Saudi Arabia deals.
Trump was touted for two deals he scored this weekend in a trip to Saudi Arabia. Private equity giant Blackstone (BX) announced on Saturday that Saudi Arabia will invest $20 billion in a new $40 billion infrastructure fund for projects in the U.S. And on Sunday, Boeing (BA) said it signed several defense and commercial deals with Saudi Arabia. Both stocks should be in focus on Monday.
Commerce Secretary Wilbur Ross, 79, was caught getting some shut eye during Trump's big speech to Saudi Arabia on Sunday. He tried flying under the radar by putting in his earbuds, but you didn't fool us, or the Internet.
I always feel like somebody's watching me.
Oded Rose, CEO of the Tel Aviv-based Israel-America Chamber of Commerce, said he will be keeping a close eye on Trump when he visits Monday through Tuesday. Rose hopes the visit will strengthen business ties with the U.S. even further.
Ringling Bros. ends its 146 year run.
The famed traveling circus had its final show in New York on Sunday night. Thanks Netflix (NFLX) for keeping people indoors on the weekends instead of visiting the circus.
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