Twitter CEO Parag Agrawal has told worried employees that he doesn't know what direction this company will go in once the whopping $44 billion deal closes with new owner billionaire Elon Musk
Musk's description of a platform free from content moderation issues is troubling in light of the algorithmic harms caused by social media platforms.
Musk, who on April 25, 2022, sealed a deal to buy Twitter for $44 billion, criticised board members for owning almost no shares of the company they oversee.
Bezos drew attention to Tesla's close ties with China, the world's biggest electric vehicle market and home to the company's first overseas factory
Dorsey, who took the company public in 2013, said Twitter has been "owned" by Wall Street and that taking it private was the "correct" first step.
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Trump told Fox News that he will instead focus on his own platform, Truth Social, which has been mired in problems since its launch earlier this year
Twitter may announce the $43 billion deal later on Monday once its board has met to recommend the transaction.
Twitter's shares were up about 6% following the news
Elon Musk has made it clear that his primary goal in buying Twitter is to support unfettered expression and reduce user bans or takedowns of individual tweets
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The company's decision to engage with Musk, taken earlier on Sunday, does not mean that it will accept his $54.20 per share bid, the sources said
As Musk ramps up his battle to buy Twitter, the lingering ramifications of his prior use of the social media platform may come back to haunt him
According to Space.com, the service will be available later this year to customers of JSX, a charter airline company that plans to equip 100 planes with Starlink-provided inflight Wi-Fi
Musk's tweets, public remarks and policies at the businesses he runs, shows little tolerance for speech that's unflattering to him or his companies, or reflects employee criticism of the workplace
This will have an impact on Musk's returns, since debt secured against an acquired company can greatly amplify profits
The 'poison pill' provision will be triggered if Musk (or any other investor) acquires more than 15 per cent of the company's shares. Musk currently owns around 9 per cent of Twitter's shares
Musk optimistic about overcoming supply issues, foresees a big 2022 production gain
Musk currently has about $3 billion in cash or other somewhat liquid assets after spending $2.6 billion buying a 9.1 per cent stake in Twitter in recent months, according to calculations
Late last year, Musk netted $16.4 billion from selling about 10 per cent of his stake in Tesla to meet tax withholding obligations related to the exercise of stock options