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Eli Lilly Pharmaceuticals Suffers $15 Billion Loss as a Result of a False Account Tweeting “Insulin Is Free”

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Pharmaceuticals

Immediately after Twitter’s premium verification service went live, multiple phoney accounts began posting bogus Tweets while posing as various brands and personalities. Look at what Eli Lilly Pharmaceuticals paid for it.

After multiple phoney accounts purchased the verification badge using the names of famous people and brands, TWITTER Inc. discontinued its USD 8 subscription on Saturday.

$15 Billion Loss To Eli Lilly Pharmaceuticals

Eli Lillty, a large American pharmaceutical company, lost billions of dollars on Friday after a phoney account using the brand’s logo and a blue tick declared that “insulin is free now.” The tweet was published on Thursday, the day before the shares of the company experienced a severe decline.

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https://twitter.com/LillyPad/status/1590813806275469333?t=m4QonX5BmyCJ7l31BSHjjg&s=19

The pharmaceutical behemoth later expressed regret for the false tweet, writing, “We regret that anyone who received a misleading message from a false Lilly account has received our apology. @LillyPad is our official Twitter handle.

The Star reports that the false tweet caused the company’s stock to decline by 4.37 percent on Friday, wiping out nearly USD15 billion in market value.

But this is not the only instance of a false account mimicking a company or a well-known individual. The recent tweet “Coke is superior” was posted by a bogus Pepsi Twitter account.

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Because the message was made by a verified account, confusion was caused among internet users. However, a closer look at the handle indicates that PEPSICO, not Pepsi, was the official designation of the owner.

Elon Musk’s Takeover on Twittter

This comes after Elon Musk, the microblogging site’s new owner, said previously this week that People on Twitter will have to spend USD 8 to purchase the blue tick, which previously only showed on the profiles of celebs, businesses, public figures, and federal agencies.

As soon as the premium verification option became available, numerous bogus profiles of well-known individuals, including former US President Donald Trump, appeared on the platform. Even the video game character “Super Mario” and the Lakers player LeBron James were impersonated by certain verified accounts.

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Subhashree Panda: A proficient content writer, editor, and researcher. With 4 years of experience and an MBA in finance, she crafts compelling narratives on global events. Her passion for diverse journalism genres resonates widely, fostering broad audience connections.

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Coon Rapids Shooting: One Casualty Reported, Investigation Continues to Find Suspect 

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Coon Rapids Shooting: One Casualty Reported, Investigation Continues to Find Suspect 

A shooting incident reportedly occurred at a YMCA in Coon Rapids, Minnesota.

The crime news was first reported by a social media page, Twin Cities Crime Watch & Information. According to the page, the suspects arrived in a red sedan occupied by four Somalis.

Twin Cities Crime Watch & Information posted,

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“Coon Rapids – SHOOTING at the YMCA, 8950 Springbrook Dr., occurred inside. Suspects in a red sedan, occupied by four Somalis. Partial plate contains JW*25.”

According to Times Now, a statement was received by the Coon Rapids Police Department where it stated that when police were reported, they responded immediately. 

Officers arrived at the scene around 7:58 p.m. on Friday and found one person suffering from gunshot wounds. The victim was immediately transported to a local hospital.

The police shared on their Facebook page,

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“Friday night the Coon Rapids Police Department was dispatched to the Emma B. Howe YMCA on a report of gunshots. Officers arrived at the scene to find one person struck by gunfire. The victim was transported to a local hospital for treatment of his injuries. Currently, their condition is unknown.”

‘Shooting Was Not Random’

The police announced that they believe the shooting at the YMCA in Coon Rapids was not random.

Detectives from the Coon Rapids Police Department were present at the scene and actively investigating the matter.

The police have urged the public to provide any information about the incident by calling 763-427-1212.

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As of now, no information is available regarding the person responsible for the shooting, and the circumstances surrounding the incident are still unknown.

Update

The police have revealed the identity of the victim. According to CBS News, the victim is a 16-year-old male.

The YMCA will be under lockdown on Saturday and Sunday, with regular scheduling expected to resume on Monday.

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Also Read: Fairfield Mall Shooting Update: Suspects Caught, Huge Vehicles Found in Beavercreek

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Sachin Sahoo: Bipolar Indian-Origin Man Shot Dead By US Police 

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On April 21, Sachin Sahoo, an Indian-origin man, was shot by a San Antonio police officer. According to the Deccan Herald, when the officers attempted to apprehend Sachin, he struck two officers with his vehicle.

Sachin Sahoo was being pursued in connection with an aggravated assault case.

Originally from Uttar Pradesh, India, Sachin Sahoo was declared dead at the scene.

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Sources from PTI claimed that Sachin Sahoo might have been a naturalized U.S. citizen. As per the preliminary investigation, on April 21, just before 6:30 PM, officers were called to a home in Cheviot Heights, San Antonio.

They were responding to a report of an ‘Aggravated Assault with a Deadly Weapon.’

Upon arrival, the officers discovered a 51-year-old woman who had been deliberately hit by Sachin Sahoo’s vehicle.

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After hitting the woman, Sachin Sahoo fled the scene.

The 51-year-old victim was transported to a nearby hospital and was in critical condition.

Consequently, a felony arrest warrant was issued in the name of Sahoo by the San Antonio Police Detectives.

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Later that evening, neighbors informed the police that Sahoo had returned to his original location.

When two officers arrived at the scene and attempted to make contact, Sachin struck both with his vehicle. One of them shot Sahoo, and he was pronounced dead at the scene.

One officer was treated at the scene, while the other was taken to a local hospital.

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Police Chief Bill McManus stated that Sachin’s actions also left his roommate in critical condition. The woman underwent multiple surgeries.

According to Outlook India, when officers approached to arrest Sachin, he “got into his car and managed to squeeze through the police vehicles blocking his driveway.” In the process, he also hit the officers.

Subsequently, another officer stopped Sachin by firing at him.

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About Sachin Sahoo

Leah Goldstein, Sahoo’s ex-wife, revealed that her ex-husband had been diagnosed with bipolar disorder and also exhibited symptoms of schizophrenia.

She added, ‘He has suffered for the past ten years with bipolar disorder. He also had symptoms of schizophrenia. He couldn’t understand what was wrong with him.’

In a news report, she said, ‘He would hear voices, hallucinate, and just get stuck in his own mind.’”

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Billionaire Stewart Butterfield’s 16 YO Daughter Mint Butterfield Goes Missing After ‘Running Away’

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16 YO Mint Butterfield Went Missing After 'Running Away'

Mint Butterfield, the 16-year-old daughter of Stewart Butterfield, has recently gone missing, according to People magazine. It is alleged that she ran away.

According to the Marin County Sheriff’s Office, she was last spotted on April 21, Sunday around 10 p.m. in Bolinas, California.

On Monday, April 22, at 8:30 a.m., authorities posted a notice on Nextdoor revealing that Mint Butterfield had been reported missing.

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Search Efforts for the Teenager

Authorities described the 16-year-old as 5’0″ tall and weighing 100 lbs. She has pierced brows and brown/reddish curly hair.

Reportedly, she was wearing black boots, flannel pajama pants, and a black sweatshirt. Additionally, she might be carrying a gray suitcase.

Deputy K. Walther of the Marin County Sheriff’s Office announced that the 16-year-old is believed to have run away to the San Francisco area.

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Sgt. Adam Schermerhorn and detectives from the San Francisco Police Department are collaborating to locate the teen.

Mint Butterfield’s Parents: Stewart Butterfield and Caterina Fake 

Caterina Fake and Stewart Butterfield, Mint’s parents, were informed of her disappearance on April 22.

In 2004, the couple founded Flickr, which was sold to Yahoo in 2005. Fake and Stewart separated in 2008. In 2022, Stewart founded Slack.

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The New York Post reported that the search for Mint Butterfield is ongoing, with both her family and authorities involved. The parents have urged anyone with any information to report it immediately.

The current circumstances and history surrounding Mint’s disappearance have escalated concerns about her well-being.

The community and law enforcement agencies are working together to find Mint and ensure her safe return home.

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Also Read: Fairfield Mall Shooting Update: Suspects Caught, Huge Vehicles Found in Beavercreek

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