Musk set to abandon £35bn Twitter takeover if bot count isn’t clarified June 6, 2022 Elon Musk has threatened to walk away from his $44bn (£35bn) takeover of Twitter, urging the social media network to provide more data on spam and fake accounts.
US financial watchdog raises questions around Musk’s Twitter stake acquisition May 28, 2022 The US Securities and Exchanges Commission (SEC) has cast doubts over the legality of Elon Musk’s failure to properly disclose his acquisition of a 9.2 per cent stake in Twitter for $2.6bn, before launching his bid to takeover the social media firm. In an April 4 letter to the richest person in the world – [...]
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 [...]
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 [...]
Twitter execs slam Elon Musk in secret video footage questioning his mental state May 18, 2022 New footage has emerged overnight of a Twitter executive calling Elon Musk mentally handicapped.
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.
Twitter boss ‘confident’ about percentage of spam accounts following Musk’s concerns May 16, 2022 Twitter’s boss Parag Agrawal responded to Elon Musk’s concerns saying he was confident that only 5 per cent of accounts on the social media are spam. “We are strongly incentivised to detect and remove as much spam as we possibly can, every single day,” Agrawal tweeted today. “Anyone who suggests otherwise is just wrong.” The [...]
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 [...]
Musk says he’ll welcome Trump back to Twitter after calling ban ‘morally wrong’ May 10, 2022 Elon Musk has said he will lift the Twitter ban on Donald Trump after his $44bn takeover closes, calling the ban "morally wrong and flat-out stupid".
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.