In today's Biz Breakdown, Spirit Airlines asks shareholders to reject JetBlue's buyout offer, Apple's board reportedly tried its AR headsets, and Twitter announces a new misinformation policy

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Biz Breakdown: Spirit Airlines Asks Shareholders To Reject JetBlue Offer, Apple Board Reportedly Tried AR Headsets, Twitter's New Misinformation Policy

Some of the other business headlines we're watching for you this morning. The Board of Spirit Airlines urging their shareholders to reject jetblue's takeover attempt that in an upcoming vote, JetBlue is offering to buy spirit for $30 a share in an all cash deal which outbids frontiers cash and stock proposal of roughly $20 a share. Now, Spirits board said in a statement that it reviewed the offer and they determine it's not in the best interests of Spirit and their shareholders, the budget airliners, citing the Justice Department saying that they would seek to block JetBlue's acquisition due to anticompetitive practices. Either a combination of the airlines would create the fifth largest U. S. Carrier. Meanwhile, let's talk about Apple. Their board of directors reportedly is testing their upcoming A AR VR headset Reports described this device as a mixed reality headset which uses cameras on the outside that to stream images inside the virtual reality headset. This technique is known as passed through augmented reality industry watchers believe Apple's board is trying the headset basically means that the product could be coming soon. Apples last major new product category was the Apple watch that was previewed in the fall of 2014 and debuted the following year. Apple's board reportedly got an early demo of Siri back in 2011 and twitter is rolling out a new policy restricting posts that spread misinformation under the new crisis misinformation policy, Twitter will no longer automatically recommend or emphasize posts that make misleading claims about Russia's invasion of Ukraine. This includes mischaracterizing conditions in conflict zones and also making false allegations of war crimes. Twitter is also adding warning labels to debunk claims about ongoing humanitarian crises. Users won't be able to like forward or respond to posts that violate those new rules.