【《We Chinese in America》Media Editor Tang Zhao, April 19, 2022】 The 11th American Documentary and Animation Film Festival (AmDocs) held its closing award ceremony on April 11. The Taiwanese documentary "Ballet in Tandem" was selected from more than 200 works from around the world , won the Best International Feature Jury Award. (Ballet in Tandem image from doc.tfi-org.tw)

"Dancing Path" director Yang Weixin devoted nine years to filming, faithfully presenting the dilemma of the education system and personal career faced by ballet dancers in Taiwan. He expressed his gratitude to the teachers and friends in the field of ballet dance over the years for allowing him to enter professional dance venues at home and abroad for free and selfless records. In addition, the director shared that the opportunity to make the film was due to meeting Guo Rongan, the first Taiwanese who was selected to study at the long-established Bolshoi Ballet Academy in Russia and became curious about her future development. Therefore, Yang Weixin did not know ballet at all from the beginning. After long-term records, interviews, and privately supplementing his knowledge about the art field, he hopes that by understanding what professional ballet is and what nutrients are needed, he can truly nurture ballet and take root in a country, and then convey this theme to the audience in the form of a documentary.

Regarding the camera movement technique in the film, the director emphasized that the filming process tried to dilute his own sense of existence, and mostly used long shots to shoot in all corners, so that the recorder would not be disturbed. In addition, he has cultivated a tacit understanding with dancers for a long time. He has observed the movement of dancers' rehearsal performances, so his works present a highly natural style.

Yang Weixin has already started preparations for the Taiwan release of "Dancing Trail". He will also complete the screening through crowdfunding. He hopes that "Dancing Trail" will not only be recognized by American audiences, but also continue to move Taiwanese audiences.

(Source: World News Network)

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《We Chinese in America》Media Editor Tang Zhao, April 17, 2022】Musk believes the Twitter issue is censoring speech, and he may ally with Twitter shareholders seeking reform to turn Twitter into a bastion of freedom. ( Photo from The Hindu Business Line)

Twitter's board of directors unanimously resolved on the 15th to launch a "poison pill" for the $43 billion takeover offer of the world's richest man, Tesla, and SpaceX CEO Elon Musk. The special board is working hard to block Musk's takeover, or to buy more negotiating time.

Twitter's board of directors said on the 15th that when Musk increases Twitter's shareholding from the current 9% to more than 15%, it will start a "shareholder equity plan", and shareholders "will realize the value of investing in Twitter.", that is, if someone wants to acquire a shareholder’s shareholding, they must pay a considerable premium.

"Shareholders' Equity Plan" is the official name of the poison pill clause. Although Twitter has not disclosed the specific details, the general operation is to issue a large number of new shares. Except for the acquirer who triggers the poison pill clause, all investors can use lower price of the stock to purchase the stock shares, and the buyer must pay a huge price to buy all the shares.

PeopleSoft does the same against Oracle

Twitter’s move is aimed at blocking Musk’s acquisition or gaining more time to negotiate with all parties for a better outcome. Twitter sacrifices "poison pill" to block Musk's hostile takeover, there was a similar case in 2003.

In 2003, Oracle proposed to acquire PeopleSoft, a management system company, at a price of $5.1 billion. PeopleSoft's board of directors tried to stop the matter, launched the "poison pill", increased the potential cost of enterprises, and launched legal battles. After 18 months of hard work, Oracle successfully acquired PeopleSoft at a price of up to $11.1 billion.

Carliss Chatman, an associate professor of law at Washington and Lee University, said the poison pill "was very effective" and that after its introduction in the 1980s, "hostile takeovers" of forced takeovers regardless of board consent have declined.

Wall Street may see Twitter as 'weak'

But the terms of the poison pill are also double-edged, and Dan Ives, an analyst at asset management firm Wedbush Securities, said Wall Street could see Twitter's poison pill as a "sign of weakness," affecting its perception of Twitter.

The board of directors may be sued by shareholders

The board of directors that offers the terms of the poison pill may also be sued by shareholders. For example, when shareholders think that the offer price is very attractive; Musk proposed to buy Twitter for $54.2 per share, which is more than 9% higher than the closing price on the 13th. That is 38% higher than the stock price before Musk disclosed in early April that he had bought a large stake in Twitter.

Musk has yet to respond specifically to this. Edward Rock, a scholar of corporate governance at New York University Law School, said Musk would show he was serious if he did one of two things next. The first is to put forward a specific plan for how to obtain 43 billion yuan in cash. The second is to launch a battle to replace board members with a large number of shares held to influence the decision-making of the board of directors.

Locke said that if there is neither, it shows that Musk is not really buying the company, and his move may just be another "Twitter whirlwind."

(Source: Compiled from Online Information)

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【《We Chinese in America》Media Editor Tang Zhao, April 18, 2022】 The Japanese Consulate General in Shanghai only has instant noodles left. The Chinese people ask if seafood can be exchanged for Japanese passports? (Seafood plate image from Unsplash)

The COVID epidemic in Shanghai continues to be serious. Due to the strict closure and control, the transportation and trading of living materials are restricted, and a large number of citizens are generally facing the problem of food shortages. According to Chinese self-media sources, even the staff of the Japanese consulate general in Shanghai also faced the problem of running out of food, leaving only instant noodles, and lacking other food such as vegetables, so they could only ask for help from the residents of the nearby community. A resident replied: "Can I exchange a Japanese passport for a meal of seafood?"

On the 17th, the official account of the media "Bangjiao Information" reported that in a WeChat group in a Shanghai community, a resident sent a message to assist the staff of the Japanese Consulate General in Shanghai.

A resident said, "Neighbors and friends, the staff of the Japanese Embassy next door now needs food support from our community. There are four people in total, and now only instant noodles are left. If you have surplus vegetables/meat/rice at home, etc. If people are willing to support, I will open a solitaire later and everyone can sign up and I will go to get the ingredients later to help them by delivering them to the guard at the Consulate General”

Many residents in the WeChat group immediately expressed their support. Some people took the initiative to add WeChat to provide supplies, some said they wanted to provide cigarettes, and some asked if they needed kitchen utensils. However, some people joked: "Can I exchange a Japanese passport for a seafood meal?"

(Source: World News Network)

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【《We Chinese in America》Media Editor Tang Zhao, April 17, 2022】Photo released by Buckingham Palace on the 10th show that Queen Elizabeth II of the United Kingdom inaugurated the "Queen Elizabeth Department" of the Royal London Hospital by video from Windsor Castle on the 6th. (Getty Images)

For the first time in 52 years, Queen Elizabeth II, who will turn 96, will not attend the Easter Sunday service in Windsor Castle on the 17th, CNN reported. This is the Queen's second absence from public events after missing the royal family's "Royal Maundy Service" on the 14th, but other members of the royal family are expected to attend the Easter service on the 17th as scheduled.

Queen Elizabeth II, the head of the Church of England, has recently reduced her attendance at public events due to mobility issues. Although Queen Elizabeth II attended the memorial service for her late husband, Prince Philip, in March, she did not attend the Royal Maundy Service on the 14th of this month, which is an important event before Easter in the royal calendar.

This is the first time since 1970 that the Queen has not attended Royal Maundy Service. In her place, Crown Prince Charles followed the tradition and sent special commemorative coins for " Royal Maundy Service " to the elderly. The number of people who are eligible to receive each year is related to the Queen's age. The Queen turned 96 on April 21 this year, so the eligible recipients are 96 men and 96 men.

The Queen was diagnosed with COVID in February this year and has mild cold symptoms but continues to perform light work at Windsor Castle; although she is currently in good health, she has some problems with her mobility. Recently, she has gradually appointed other senior members of the royal family to attend public events.

(Source: World News Network)

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