Twitter Founder Jack Dorsey's First Tweet That Was Sold For $2.9 Million Last Year Is Valued At Just $280 Now
2 years, 8 months ago

Twitter Founder Jack Dorsey's First Tweet That Was Sold For $2.9 Million Last Year Is Valued At Just $280 Now

News 18  

Twitter founder Jack Dorsey’s first-ever Tweet was last year sold as a non-fungible token for $2.9 million. Estavi, who had purchased the NFT last year in March, listed it for re-sale on OpenSea for $48 million. Sina Estavi bought Twitter founder Jack Dorsey’s first tweet as an NFT for $2.9 million last year. The entrepreneur has had two failed crypto ventures, and was arrested in Iran in May 2021 on charges of ‘disrupting the economic system.’ WATCH VIDEO: Oppo Find X5 Pro Quick Look: The Power-packed Oppo Flagship Smartphone That India May Miss Estavi’s CryptoLand exchange collapsed, leaving users without access to their funds, and the price of his Bridge Oracle Project’s BRG token also sunk to Rs 4.5.

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History of this topic

Twitter may be worth one-third what Musk paid for it last fall as Fidelity fund marks down value
1 year, 6 months ago

Twitter may be worth one-third what Musk paid for it last fall as Fidelity fund marks down value

Associated Press  

Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago. The Fidelity Blue Chip Growth Fund has reduced the market value of its equity stake in Twitter for a third time, now putting it at $6.55 million. By April Musk was telling the BBC that running Twitter has been “ …

Twitter's value plummets by two-thirds - Musk's costly acquisition takes a hit: Report
1 year, 6 months ago

Twitter's value plummets by two-thirds - Musk's costly acquisition takes a hit: Report

Hindustan Times  

Twitter's worth has dropped to one-third of what Elon Musk and his co-investors spent to acquire the social media network last year, according to financial services giant Fidelity. According to Fidelity's most recent monthly portfolio valuation report, Twitter is valued at only $15 billion, a minuscule fraction of the $44 billion acquisition price. Fidelity's Twitter stock, valued at approximately $6.55 …

Twitter may be worth only a third of its pre-Musk value, Fidelity says
1 year, 6 months ago

Twitter may be worth only a third of its pre-Musk value, Fidelity says

CNN  

Washington CNN — A Fidelity fund has slashed its estimate of Twitter’s value amid ongoing chaos at the company, implying the social media platform may be worth only a third of its value compared to when Elon Musk acquired it in October. According to a monthly disclosure, Fidelity’s Blue Chip Growth Fund reported that its stake in Twitter was worth …

Elon Musk bought Twitter for $44bn five months ago. He says its value now is…
1 year, 8 months ago

Elon Musk bought Twitter for $44bn five months ago. He says its value now is…

Hindustan Times  

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media. Twitter CEO Elon Musk The email to employees referred to a new stock compensation program in the San Francisco-based company and …

Elon Musk bought Twitter 5 months ago for $44 billion and now it is $20 bn company, here is what happened
1 year, 8 months ago

Elon Musk bought Twitter 5 months ago for $44 billion and now it is $20 bn company, here is what happened

India Today  

Whether you accept it or not, Elon Musk and his Twitter purchase deal have been the most talked-about topic in the last six months. In fact, Musk bought Twitter for $44 billion after months of negotiation, but today the company's value is only $20 billion, which is less than half of the original price. While what happens at the end …

Block Co-Founder Jack Dorsey’s Fortune Declines $526 Million After Hindenburg’s Allegations: Report
1 year, 9 months ago

Block Co-Founder Jack Dorsey’s Fortune Declines $526 Million After Hindenburg’s Allegations: Report

ABP News  

Block Inc. co-founder Jack Dorsey’s fortune tumbled by $526 million to $4.4 billion on Thursday after the latest Hindenburg Research report alleged the payments company ignored widespread fraud. On Thursday, Newyork-based short seller firm Hindenburg released a report claiming that Block had inflated user metrics and that its stock has a downside of 65 per cent to 75 per cent …

Timeline of billionaire Elon Musk’s bid to control Twitter
2 years, 1 month ago

Timeline of billionaire Elon Musk’s bid to control Twitter

Associated Press  

On Oct. 4, Elon Musk reversed himself and offered to honor his original proposal to buy Twitter for $44 billion — a deal he had spent the previous several months trying to wriggle out of. April 15: Twitter’s board unanimously adopts a “poison pill” defense in response to Musk’s proposed offer, attempting to thwart a hostile takeover. May 5: Musk …

Elon Musk completes take over of Twitter | READ TIMELINE
2 years, 1 month ago

Elon Musk completes take over of Twitter | READ TIMELINE

India TV News  

Highlights Elon Musk reversed himself & offered to honor his original proposal to buy Twitter for $44 bn This is a deal he had spent the previous several months trying to wriggle out of The two parties now have to close the deal by Friday Elon Musk Twitter: On October 4, Elon Musk reversed himself and offered to honor his …

A timeline of billionaire Elon Musk’s bid to control Twitter
2 years, 2 months ago

A timeline of billionaire Elon Musk’s bid to control Twitter

Associated Press  

Elon Musk is offering to go through with his original proposal to buy Twitter for $44 billion. April 15: Twitter’s board unanimously adopts a “poison pill” defense in response to Musk’s proposed offer, attempting to thwart a hostile takeover. May 5: Musk strengthens his offer to buy Twitter with commitments of more than $7 billion from a diverse group of …

Elon Musk likely to go ahead with Twitter deal at $54.2 a share: Report
2 years, 2 months ago

Elon Musk likely to go ahead with Twitter deal at $54.2 a share: Report

India Today  

Billionaire Elon Musk is proposing to go ahead with his original offer of $54.20 to take Twitter Inc TWTR.N private, Bloomberg News reported on Tuesday, sending the shares of the social media firm surging. Twitter shares jumped 12.7% at $47.93 before trading was halted for the second time, while Tesla Inc TSLA.O, the electric vehicle company that Musk heads, fell …

Jack Dorsey says his biggest regret is Twitter became a company
2 years, 3 months ago

Jack Dorsey says his biggest regret is Twitter became a company

The Hindu  

Twitter founder and former chief executive Jack Dorsey tweeted Thursday that he regrets the social media platform became a company. "The biggest issue and my biggest regret is that it became a company," Dorsey tweeted in response to a question about whether Twitter turned out the way he had envisioned. When asked about what structure he wished Twitter would operate …

TIMELINE OF BILLIONAIRE ELON MUSK'S BID TO CONTROL TWITTER
2 years, 6 months ago

TIMELINE OF BILLIONAIRE ELON MUSK'S BID TO CONTROL TWITTER

Daily Mail  

January 31: Musk starts buying shares of Twitter in near-daily installments, amassing a 5% stake in the company by mid-March. March 27: After privately informing them of his growing stake in the company, Musk starts conversations with Twitter's CEO and board members about potentially joining the board. April 4: A regulatory filing reveals that Musk has rapidly become the largest …

Amid Spam Bots Row, Elon Musk Hints At Paying Less Than $44 Billion For Twitter Acquisition
2 years, 7 months ago

Amid Spam Bots Row, Elon Musk Hints At Paying Less Than $44 Billion For Twitter Acquisition

ABP News  

New Delhi: Elon Musk, chief executive officer of Tesla and founder of SpaceX, gave a hint, which suggested that would be like to pay less for acquisition of Twitter, according to a report by AP. According to the report, at All-In Summit, Musk estimated that about 20 per cent of Twitter’s 22.9 crore accounts are spam bots, percentage he said …

Musk hints at paying less for Twitter than his $44B offer
2 years, 7 months ago

Musk hints at paying less for Twitter than his $44B offer

Associated Press  

DETROIT — Tesla CEO Elon Musk gave the strongest hint yet Monday that he would like to pay less for Twitter than his $44 billion offer made last month. Also at the All In Summit, Musk estimated that at least 20% of Twitter’s 229 million accounts are spam bots, percentage he said was at the low end of his assessment, …

NFT sales plummet 92% as market ‘collapses’
2 years, 7 months ago

NFT sales plummet 92% as market ‘collapses’

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Analysis by the website NonFungible, first cited by the Wall Street Journal, found that NFT sales fell …

Twitter misses quarterly revenue estimates days after Elon Musk's takeover
2 years, 7 months ago

Twitter misses quarterly revenue estimates days after Elon Musk's takeover

India Today  

Twitter Inc, which has agreed to a $44 billion sale to Elon Musk, reported first-quarter revenue on Thursday that fell short of Wall Street estimates as advertising revenues slowed. Its net income rose to $513.3 million, or 61 cents per share, from $68 million, 8 cents per share, a year earlier. TWITTER USERS GROW The company said daily active users …

Twitter revenue climbs to $1.2B, daily users at 229M days after selling itself to Elon Musk
2 years, 7 months ago

Twitter revenue climbs to $1.2B, daily users at 229M days after selling itself to Elon Musk

India TV News  

Twitter Revenue News: Twitter posted quarterly earnings of $513 million days after it agreed to be sold to billionaire Elon Musk. “Given the pending acquisition of Twitter by Elon Musk, we will not be providing any forward looking guidance, and are withdrawing all previously provided goals and outlook,” the company said. Twitter has struggled to consistently post profits as a …

Twitter founder Jack Dorsey welcomes Elon Musk takeover but backlash grows
2 years, 7 months ago

Twitter founder Jack Dorsey welcomes Elon Musk takeover but backlash grows

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Twitter founder Jack Dorsey has …

Elon Musk bought Twitter but who sold it
2 years, 7 months ago

Elon Musk bought Twitter but who sold it

India Today  

Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion, the company said. Bret Taylor, chair of Twitter's board of directors, aimed to reassure employees that the agreement with Musk prioritized "operating continuity" until the deal was closed. POISON PILL Twitter adopted a poison pill after Musk made his offer to prevent him from raising his …

Elon Musk Is The 'Singular Solution I Trust' For Twitter, Says Co-Founder Jack Dorsey
2 years, 7 months ago

Elon Musk Is The 'Singular Solution I Trust' For Twitter, Says Co-Founder Jack Dorsey

ABP News  

New Delhi: Jack Dorsey, co-founder of Twitter Inc, said that the only solution he trusts for the platform is Elon Musk, a report by Bloomberg said on Tuesday. Dorsey said Twitter has been “owned” by Wall Street; and taking the company private was the “correct” first step, according to Bloomberg data. In a thread, Dorsey wrote, “Twitter as a company …

Jack Dorsey says Elon Musk buying Twitter is a step in right direction
2 years, 7 months ago

Jack Dorsey says Elon Musk buying Twitter is a step in right direction

India Today  

Jack Dorsey, the maverick co-founder of Twitter and who until recently was Twitter’s CEO, has commented on Elon Musk buying Twitter for $44 billion. Dorsey, who seems to have supported Musk’s bid since the world’s richest man made his offer to buy Twitter some 10 days ago, has now tweeted that he is in full support of Musk. Taking it …

Elon Musk Finally Takes Over Twitter for $44 Billion Cash: A Timeline of 3rd Biggest Tech Deal
2 years, 7 months ago

Elon Musk Finally Takes Over Twitter for $44 Billion Cash: A Timeline of 3rd Biggest Tech Deal

News 18  

Elon Musk-Twitter A Done Deal: In a mega-deal, billionaire Elon Musk has now officially bought the social site, Twitter. A Timeline of the Elon Musk-Twitter Saga -Before Elon Musk bid for Twitter, the US regulators had urged a federal judge not to let the executive get away with tweeting with abandon. -Soon after that the SEC regulators, urged a judge …

How much will Jack Dorsey make from selling Twitter to Elon Musk?
2 years, 7 months ago

How much will Jack Dorsey make from selling Twitter to Elon Musk?

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Throughout Twitter’s often controversial existence, former CEO Jack Dorsey has been the face …

Twitter likely to sell itself to Elon Musk today
2 years, 8 months ago

Twitter likely to sell itself to Elon Musk today

India Today  

Elon Musk’s flirtation with Twitter may have an endgame after all. Twitter is reportedly talking to Musk to sell itself — after a series of dramatic events right after the Tesla and SpaceX chief offered a takeover bid of $43 billion to the microblogging website. UPDATE: It's official, Elon Musk is buying Twitter for $44 billion Latest update: Wall Street …

Elon Musk reaches $44-billion deal to buy Twitter
2 years, 8 months ago

Elon Musk reaches $44-billion deal to buy Twitter

LA Times  

The social media company approved the billionaire and avid Twitter user’s $44-billion bid after weeks of back and forth Elon Musk’s bid to buy Twitter and take the company private succeeded Monday, 11 days after the world’s wealthiest man first announced that he’d like to buy the social media company. In a virtual all-hands meeting Monday afternoon, Twitter Chief Executive …

Elon Musk says he has lined up $46.5 billion in financing for Twitter deal
2 years, 8 months ago

Elon Musk says he has lined up $46.5 billion in financing for Twitter deal

CNN  

New York CNN Business — Elon Musk on Thursday said he has lined up commitments worth $46.5 billion to finance a Twitter takeover deal, one week after he first made a public offer to buy the social media company. Questions about whether Musk would actually be able to finance his acquisition of Twitter swirled in the days following his takeover …

Jack Dorsey’s first tweet sold for $2.9M as an NFT – but new auction achieves top bid of just $280
2 years, 8 months ago

Jack Dorsey’s first tweet sold for $2.9M as an NFT – but new auction achieves top bid of just $280

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An auction for the NFT of the first tweet on Twitter ended with …

NFT marketplace that sold Dorsey tweet shuts down because it can't deal with fakes
2 years, 10 months ago

NFT marketplace that sold Dorsey tweet shuts down because it can't deal with fakes

India Today  

Cent, the NFT marketplace, which sold ex-Twitter CEO Jack Dorsey’s first-ever tweet as an NFT, has put the transactions on hold. "There's a spectrum of activity that is happening that basically shouldn't be happening - like, legally," said Cameron Hejazi, CEO, and co-founder of the NFT marketplace Cent told Reuters. Every time we would ban one, another one would come …

Twitter is Giving Away 'Free' NFTs to Users, But There's a Catch
3 years, 5 months ago

Twitter is Giving Away 'Free' NFTs to Users, But There's a Catch

News 18  

Joining the bandwagon of Non-Fungible Tokens, American social media giant Twitter announced last week that it will be distributing 140 of its digital artwork for free to selected users. To receive one of these NFTs, users had to tweet at Twitter or tweet about the giveaway, following which users will receive directions from the company on how to claim the …

Jack Dorsey's first-ever tweet sold for $2.9 million as a blockchain certificate
3 years, 9 months ago

Jack Dorsey's first-ever tweet sold for $2.9 million as a blockchain certificate

India Today  

A few days ago Twitter CEO Jack Dorsey had put up his first-ever tweet for sale as an NFT. Dorsey’s first-ever tweet which was posted in 2006, read “just setting up my twitter” now belongs to Malaysia-based buyer Sina Estavi, who owns a blockchain company Bridge Oracle. The tweet was sold on NFT trading platform Valuables, which is owned by …

Twitter boss Jack Dorsey’s first tweet sells for $2.9m
3 years, 9 months ago

Twitter boss Jack Dorsey’s first tweet sells for $2.9m

Al Jazeera  

The tweet was sold as a non-fungible token, unique digital assets that are growing rapidly in popularity; the proceeds were given to a charity working with COVID-affected families in Africa. Twitter boss Jack Dorsey has sold his first tweet from over a decade ago in the form of a unique digital asset for slightly more than $2.9m. Dorsey’s tweet – …

Jack Dorsey's First Tweet Fetches Rs 18 Crore in Auction. This is What Twitter CEO Had Tweeted
3 years, 9 months ago

Jack Dorsey's First Tweet Fetches Rs 18 Crore in Auction. This is What Twitter CEO Had Tweeted

News 18  

The auction for the very first tweet by Twitter CEO Jack Dorsey has fetched $2.4 million, which the billionaire would donate in Bitcoins to a charity. The bid for 15-year-old tweet on March 6, 2006 put up for auction as an NFT on a platform called Valuables has reportedly been won by Sina Estavi, CEO of tech company Bridge Oracle. …

The Next Frontier of the NFT Gold Rush: Your Tweets
3 years, 9 months ago

The Next Frontier of the NFT Gold Rush: Your Tweets

Wired  

Last week, a notification popped onto my laptop screen as I got ready for bed: A stranger was offering $500 in exchange for an autographed digital certificate of one of my tweets. I’d been playing around with a new service, Valuables by Cent, which allows Twitter users to buy and bid on tweets in the form of nonfungible tokens. “We’re …

Twitter founder's auction of a tweet draws $2 million bid
3 years, 9 months ago

Twitter founder's auction of a tweet draws $2 million bid

The Hindu  

“just setting up my twttr” — the first ever tweet on the platform is up for sale after Twitter boss Jack Dorsey listed his famous post as a unique digital signature on a website for selling tweets as non-fungible tokens. The post, sent from Dorsey’s account in March of 2006, received offers on Friday that went as high as $88,888.88 …

Bids for Twitter co-founder’s first post reach $2.5m
3 years, 9 months ago

Bids for Twitter co-founder’s first post reach $2.5m

The Telegraph  

A signed copy of Charles Dickens' novel A Tale of Two Cities bearing a personal inscription went on sale for £275,000, while a letter signed by physicist Albert Einstein was auctioned for $75,000. But bids for the first ever tweet look poised to eclipse them both after offers hit $2.5m in an online auction. The post will be sold as …

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