Twitter shareholders sue Elon Musk over ‘illegal’ bid May 27, 2022 Twitter’s shareholders have sued serial entrepreneur Elon Musk over his “illegal” takeover bid. Investors said that Musk’s decision to put on hold his initial $44bn bid brought Twitter’s value down, allowing him to either walk away from the deal or negotiate a lower price. The billionaire initially announced his intention to buy Twitter in late [...]
When Musk met Bolsonaro: Brazilian President says Twitter takeover will be a ‘breath of hope’ May 20, 2022 Brazilian President Jair Bolsonaro has said that Elon Musk’s proposed takeover of Twitter was “a breath of hope” for him. Bolsonaro said that he hoped the U.S. billionaire would show the world during Musk’s visit to Brazil how much the country does to protect the Amazon. The two will discuss a potential partnership on rural [...]
Elon Musk rejects ‘wild accusations’ SpaceX paid $250,000 to flight attendant over sexual misconduct claim May 20, 2022 Elon Musk has rejected “wild accusations” his SpaceX firm paid $250K to settle a claim of alleged sexual misconduct by a former flight attendant. The Tesla owner responded to a story first reported by Business Insider, which said that a claim was made in 2018 against him, by someone who previously worked for SpaceX. The [...]
Elon Musk slams rating agency after Tesla removed from ESG index May 18, 2022 Elon Musk has accused a rating agency of being “phony social justice warriors” after it removed Tesla from its ethical investing index. The S&P rating agency booted the EV giant from its ESG index on Tuesday, citing racism accusations at one of the factories and Tesla’s software malfunctions as the main reasons. The serial entrepreneur [...]
Blame it on the bots: Musk says Twitter takeover can’t progress without fake account clarity May 17, 2022 Twitter said it is committed to completing Elon Musk's $44bn deal at the agreed price and terms, despite the Tesla founder's continuous floundering.
‘Friday 13th horror show’: Musk’s announcement that his Twitter buyout is on hold sends stock plummeting by 20 per cent May 13, 2022 Elon Musk’s decision to put his $44bn takeover of Twitter on hold has sent the social media giant’s stock plummeting by almost 20 per cent. The billionaire Tesla owner took to Twitter this morning announcing the deal was off, citing concerns over the amount of fake users. He wrote: “Twitter deal temporarily on hold pending [...]
Elon Musk says $44bn mega takeover of Twitter is ‘on hold’ May 13, 2022 Elon Musk wrote on Twitter that the mega takeover of Twitter is on hold. Twitter recently accepted a $44bn bid from Musk to acquire the social media company. The billionaire posted a link to a Reuters article which outlined a Twitter filing stating fake and spam accounts made up less than five per cent of [...]
Elon Musk’s £36bn Twitter takeover could face price slash May 9, 2022 Investment firm Hindenburg Research has said Elon Musk's $44bn (£36bn) Twitter takeover could be repriced lower if the eccentric billionaire walks away from the bid.
Elon Musk suggests firms may need to pay for Twitter, as senior MP asks him to appear before committee May 4, 2022 Twitter’s new owner Elon Musk has suggested businesses may have to start paying to use it. The richest man in the world who purchased the social media giant last month for $44bn, made the claim on Twitter on Wednesday. The Tesla boss wrote: “Twitter will always be free for casual users, but maybe a slight [...]
Elon Musk loses bid to lift screening of tweets about Tesla April 28, 2022 The world’s richest man, Elon Musk, has lost a bid to lift a screening process on his tweets about Tesla. The new owner of Twitter had agreed for his social media posts to be looked at by a lawyer in 2018, and sought to remove the oversight. The entrepreneur, who recently said the electric car [...]