Amazon, Twitter on sports content

Amazon records its first quarterly loss since 2015 as online sales drop, while Apple warns of an $8 billion hit from the war in Ukraine and Covid-19 lockdowns in China. Also, French growth hits zero as consumer spending falls, and the IMF warns of dangers for the economies of sub-Saharan Africa.

In the World This Week, UN Secretary General Antonio Guterres tries to negotiate humanitarian corridors in Ukraine while on a visit to Kyiv. French President Emmanuel Macron's re-election honeymoon period proves short-lived, with the focus quickly turning to June legislative elections. And Tesla founder Elon Musk makes a $44 million offer for social media platform Twitter.

Thousands of amateur detectives are sharing their findings on war crimes and troop movements from the comfort of their living room. They hope their work can one day be used in court. Could this come true?

One of Germany's biggest trade unions has called strikes at seven branches of online retailer Amazon. Germany is Amazon's second-biggest market behind the United States, where the company is headquartered.

Elon Musk says companies and governments might need to pay to use Twitter under his ownership, as the billionaire Tesla founder seeks more investors to cover the private financing of his $44 billion takeover deal. The US Fed gets set to hike interest rates, and soaring profits at oil companies spur a push for windfall taxes.

Tesla CEO, Elon Musk recently acquired Twitter after the board agreed to the takeover bid by the Billionaire, marking a dramatic reversal of its earlier hesitation to accept the offer. Musk reportedly paid $54.20 (€50.8) per share in cash, or $44 billion, to take a 38% stake in the messaging platform. The takeover has however been welcomed with mixed feelings with many expressing fears that Musk may alter the way the platform operates.

Wall Street's main indexes opened higher on Friday (May 13) at the end of a bumpy week marked by rising concerns over tighter monetary policy and slowing economic growth, while Twitter sank after Elon Musk put his deal for the social media company on hold.

Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.⁣

A phony account on Twitter, with at least four different identities since February, claims to be the brother of slain Al-Jazeera journalist Shireen Abu Akleh. In this edition of Truth or Fake, we explain how we uncovered this fake Twitter account with more than 35,000 followers.

Rio Ferdinand fronting Amazon documentary series about race, mental health and sexuality in football Former Manchester United star Rio Ferdinand is reportedly working on a trio of documentaries for Amazon about race, mental health and sexuality in football.

Twitter has published an account of its deal with Elon Musk suggesting his concerns about "fake users" only arose after setting a price. The Tesla mogul's takeover is not yet complete, with Musk calling it into question.

Rights groups say Dom Phillips and Bruno Pereira had received threats before they went missing while reporting in a remote part of the Amazon near Brazil's border with Peru.