Articles for Deal Twitter

Elon Musk reveals Twitter takeover driven by 'woke mind virus' that infected his trans daughter
1 year, 3 months ago

Elon Musk reveals Twitter takeover driven by 'woke mind virus' that infected his trans daughter

The Telegraph  

The purpose of the trip was to introduce their son, X, to her parents. Back in the hotel, Mr Musk texted his decision to Mr Taylor “I have decided to move forward with taking Twitter private.” The tycoon unwound by playing a video game until 5.30am, before tweeting: “I made an offer.” Mr Musk then set about trying to find …

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Seeing Your Twitter Follower Drop? You’re Not Alone: Here’s Why
2 years ago

Seeing Your Twitter Follower Drop? You’re Not Alone: Here’s Why

News 18  

Spams have been at the top of discussion for Elon Musk, even before he finalised the deal to buy Twitter this year. His tweet here claims Twitter is purging a lot of spam accounts, which means users might see their follower count drop. Twitter is purging a lot of spam/scam accounts right now, so you may see your follower count …

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Elon Musk fires entire Twitter board after takeover; named sole director
2 years, 1 month ago

Elon Musk fires entire Twitter board after takeover; named sole director

India TV News  

Highlights Musk last week fired CEO Parag Agrawal and other top executives After dissolving the board, Musk took to Twitter and said the new board setup is 'temporary' The billionaire closed the USD 44 billion Twitter acquisition deal last week Elon Musk on Monday fired Twitter’s board of directors and made himself the sole member, according to a company filing …

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Elon Musk says Twitter will form \'content moderation council\'
2 years, 1 month ago

Elon Musk says Twitter will form \'content moderation council\'

Deccan Chronicle  

New York: Twitter's new owner billionaire Elon Musk has said the social media company will form a “content moderation council” and any major content decisions or account reinstatements will happen after such a body has convened. Musk also updated his Twitter description to “Chief Twit.” Musk has promised to transform Twitter by loosening the service's content moderation rules, making its …

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Elon Musk to Chief Twit: A Twitter takeover story
2 years, 1 month ago

Elon Musk to Chief Twit: A Twitter takeover story

Live Mint  

Micro-blogging platform Twitter is now Elon Musk's beetle bug as he completed the $44 billion takeover deal after months of uncertainty that clouded the employees and stakeholders. Elon Musk rejects seat on Twitter board Tesla chief's rejection of a seat on the board was understood by Parag Agarwal's statement, “I believe this is for the best,” Agrawal later wrote in …

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Elon Musk fires top Twitter executives including CEO Parag Agrawal
2 years, 1 month ago

Elon Musk fires top Twitter executives including CEO Parag Agrawal

The Hindu  

Elon Musk became Twitter's new owner on Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. Mr. Musk terminated Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde, according …

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Elon Musk mocks New York Times for being a 'boon' in world conflicts
2 years, 1 month ago

Elon Musk mocks New York Times for being a 'boon' in world conflicts

Daily Mail  

While Elon Musk continues to navigate his $44billion potential takeover of Twitter, he's still got time for settling scores on the social media behemoth after calling out the New York Times Wednesday. While Elon Musk continues to navigate his $44billion potential takeover of Twitter, he's still got time for settling scores on the social media behemoth after calling out the …

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Elon Musk stroll himself into Twitter headquarters: Watch
2 years, 1 month ago

Elon Musk stroll himself into Twitter headquarters: Watch

Live Mint  

After a court gave him till Friday to close his April agreement to acquire the social media company Twitter, Elon Musk posted a video on Wednesday showing him strolling into Twitter headquarters. After announcing to acquire of the company with a $54.20 per share bid, Musk kept the deal on hold in the name of Twitter's promise to remove all …

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Musk says he\'s \'excited\' about buying Twitter, but overpaying
2 years, 2 months ago

Musk says he\'s \'excited\' about buying Twitter, but overpaying

Deccan Chronicle  

SAN FRANCISCO: Elon Musk on Wednesday said he is "excited" about taking over Twitter, expressing enthusiasm even though he's spent months trying to break free of the $44 billion buyout contract. A US judge early this month suspended litigation in the saga over Musk's proposed takeover of Twitter, giving the parties until October 28 to finalize the on-again, off-again megadeal. …

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US judge sets October trial date for Twitter, Musk legal battle
2 years, 5 months ago

US judge sets October trial date for Twitter, Musk legal battle

Al Jazeera  

Twitter pushed for a fast-tracked trial, saying Elon Musk’s effort to terminate $44bn deal to buy the company hurt its value. The company said adopting Musk’s “slow walk” proposal for a 2023 trial – his legal team had proposed a mid-February start date – left little time for additional litigation over deal financing if Musk is ordered to close. “When …

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Here’s why Elon Musk backed out of $44 billion deal to buy Twitter
2 years, 5 months ago

Here’s why Elon Musk backed out of $44 billion deal to buy Twitter

Live Mint  

Elon Musk, the chief executive officer of Tesla and the world's richest person, said on Friday he was terminating his $44 billion deal to buy Twitter. “We are committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plan to pursue legal action to enforce the merger agreement,” Twitter said in a statement. “We …

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Elon Musk pulls the plug on $44 billion Twitter buyout, company says it will sue him | Story so far
2 years, 5 months ago

Elon Musk pulls the plug on $44 billion Twitter buyout, company says it will sue him | Story so far

India Today  

Billionaire Elon Musk on Friday announced his decision to abandon his $44 billion offer to buy Twitter. Do you believe Twitter rigorously adheres to this principle?” March 26: In another tweet, Musk says he is giving "serious thought" to building an alternative to Twitter, questioning free speech on the platform and whether Twitter is undermining democracy April 4: Musk buys …

Tesla Free Speech Company Legal Action Musk Elon Musk Billion
Elon Musk pulls out of $44bn Twitter takeover
2 years, 5 months ago

Elon Musk pulls out of $44bn Twitter takeover

The Telegraph  

Elon Musk has called off his $44bn deal for Twitter, setting up a legal battle with the social media company over the aborted deal. “Three executives have resigned from Twitter since the Merger Agreement was signed: the Head of Data Science, the Vice President of Twitter Service, and a Vice President of Product Management for Health, Conversation, and Growth,” lawyers …

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Now, Elon Musk says he is still committed to buy Twitter
2 years, 7 months ago

Now, Elon Musk says he is still committed to buy Twitter

Live Mint  

Hours after Elon Musk announced to put his $44 billion Twitter deal on hold, the billionaire said he is still committed to the buying the platform. Twitter said in its latest quarterly results “that the average of false or spam accounts during the first quarter of 2022 represented fewer than 5% of our monthly daily active users during the quarter.” …

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Elon Musk says deal to buy Twitter ‘temporarily on hold’
2 years, 7 months ago

Elon Musk says deal to buy Twitter ‘temporarily on hold’

Al Jazeera  

The billionaire says the deal was temporarily on hold pending details over spam and fake Twitter accounts. Billionaire Elon Musk has announced that his $44bn deal for Twitter Inc was temporarily on hold, citing pending details in support of calculation that spam and fake accounts indeed represent less than 5 percent of users. “Twitter deal temporarily on hold pending details …

Musk Elon Musk Deal Twitter Pending Details
Musk seeks to put in less money in new Twitter deal financing
2 years, 7 months ago

Musk seeks to put in less money in new Twitter deal financing

The Hindu  

Elon Musk is in talks with large investment firms and high net-worth individuals about taking on more financing for his $44 billion acquisition of Twitter Inc and tying up less of his wealth in the deal, people familiar with the matter said. The new financing, which could come in the form of preferred or common equity, could reduce the $21 …

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Does Elon Musk have enough money to complete Twitter buyout?
2 years, 7 months ago

Does Elon Musk have enough money to complete Twitter buyout?

India Today  

Elon Musk has reached a deal to acquire Twitter for $44 billion but investors were speculating over whether the Tesla boss would complete the buyout process of the social media firm. Traders fretted that Musk may not have enough money sitting around to fund his $21 billion cash contribution and could decide against selling some of his Tesla shares to …

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On Musk's takeover, Twitter CEO tells employees company's future ‘in the dark'
2 years, 7 months ago

On Musk's takeover, Twitter CEO tells employees company's future ‘in the dark'

Hindustan Times  

Twitter Inc Chief Executive Parag Agrawal told employees on Monday that the future of the social media firm is uncertain after the deal to be taken private under billionaire Elon Musk closes. The Twitter icon is displayed on a mobile phone Musk will join Twitter staff for a question-and-answer session at a later date, the company told employees. Employees asked …

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Elon Musk to buy Twitter for $44bn
2 years, 8 months ago

Elon Musk to buy Twitter for $44bn

Al Jazeera  

Investors will receive $54.20 for each Twitter share they own, the company said in a statement Monday. Billionaire entrepreneur Elon Musk agreed to buy Twitter Inc. for $44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform that has become a hub of public discourse and a flashpoint in the …

Free Speech Company Musk Deal Twitter Ted
Elon Musk’s strategy for winning Twitter: ‘Ready, fire, aim’
2 years, 8 months ago

Elon Musk’s strategy for winning Twitter: ‘Ready, fire, aim’

LA Times  

Elon Musk is “not your run-of-the-mill business executive,” one negotiation strategy expert said. In contrast, Musk’s pursuit of Twitter began when he bought a 9.2% stake in the company April 4, punctuating the news with a cheeky “Oh hi lol” tweet. Business Elon Musk reaches $44-billion deal to buy Twitter The social media company approved the billionaire and avid Twitter …

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Twitter will be Elon Musk's toughest challenge yet
2 years, 8 months ago

Twitter will be Elon Musk's toughest challenge yet

The Telegraph  

Elon Musk has managed to make the electric car cool and resurrected the US space industry, in the face of critics. The world’s richest person secured a $44bn deal to take the 16-year-old social media company private on Monday. Little more than a week after announcing plans for a “poison pill” defence that would prevent Musk from enlarging his stake …

Musk Twitter
What just happened with Elon Musk’s Twitter deal? What does it mean for shareholders?
2 years, 8 months ago

What just happened with Elon Musk’s Twitter deal? What does it mean for shareholders?

LA Times  

Money can’t buy you love, the Beatles memorably advised. Elon Musk, whom Forbes ranks as the world’s richest person, reached an agreement Monday with Twitter’s board of directors to buy all the social network‘s shares for $44 billion and convert it to a privately held company. Musk took a different route, quietly becoming Twitter’s largest non-institutional shareholder before negotiating briefly …

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