The International Federation of Journalists on Tuesday condemned SpaceX tycoon Elon Musk’s purchase of Twitter, arguing that his support of free speech is somehow “bad news for media freedom.” Musk finalized the purchase of the social media giant on Monday, paying $44 billion to take sole ownership. He promised to …
Read More »Here’s what Elon Musk needs to do with Twitter
Elon Musk was successful in his bid to take over Twitter. The world’s richest man struck a deal with the company’s board of directors to acquire the platform in its entirety for a cool $44 billion. Musk first expressed his intent to bring about change to the social media platform …
Read More »Twitter co-founder reacts to takeover
Jack Dorsey offered praise and encouragement for Elon Musk after the Tesla CEO purchased Twitter in a $44 billion deal, saying he trusts the company in his hands and that he will ‘take it back’ from Wall Street. Dorsey outlined his views on the purchase in a lengthy Twitter thread …
Read More »Bezos raises ‘China question’ over Musk’s Twitter deal
Amazon founder Jeff Bezos has asked whether China gained “leverage” over Twitter after Tesla CEO Elon Musk bought the platform in a multi-billion dollar deal, though quickly walked back the comment. Bezos took to social media on Monday to muse about Musk’s purchase of Twitter for $44 billion, insinuating the …
Read More »Elon Musk buys Twitter
Elon Musk, the world’s richest man, has finally succeeded in acquiring the social media firm Twitter. The microblogging platform’s board of directors accepted Musk’s $44 billion offer to take the company private. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters …
Read More »Musk may spend $15 billion of his own money on Twitter – media
Elon Musk is reportedly willing to spend between $10-15 billion of his own money to take Twitter private, and is planning to launch a tender offer, according to two sources familiar with the matter as quoted by the New York Post. The bid will be made in about 10 days, …
Read More »Elon Musk threatens Twitter board
Billionaire entrepreneur Elon Musk has come up with a quick way to lop off some costs if he prevails in a bid to acquire Twitter: ceasing to pay the company’s board members, who have tried to block the takeover, allegedly to the detriment of the shareholders they supposedly represent. Musk, …
Read More »Musk has means to thwart Twitter’s ‘poison pill’ – reports
Billionaire and Twitter habitué Elon Musk is considering bringing in business partners to help him buy out the social media platform, the New York Post reported on Friday, citing sources. According to the publication, Musk has been in talks with investors who could partner with him on his bid for …
Read More »An Elon Musk-owned Twitter is a scary prospect for the establishment
A disruptor and visionary, Elon Musk’s actions and personality embody the spirit of Silicon Valley’s once-vaunted mentality of disruptive techno-Darwinism. While much of the tech industry has become quite content to embrace the certainty offered by the establishment once they made their billions, Musk – now the world’s richest man …
Read More »Musk’s Twitter offer rejected
Saudi Prince Al Waleed bin Talal on Thursday rejected an offer by Tesla and SpaceX CEO Elon Musk to buy out Twitter for $41 billion. The Prince, one of Twitter’s largest shareholders, said that Musk’s offer doesn’t come close to the social media platform’s “intrinsic value.” “I don’t believe that …
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