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Elon Musk buys Twitter for $44bn

After Twitter stated it has reached an settlement to promote the corporate to Elon Musk for round $44bn, the platform’s former chief and co-founder Jack Dorsey has known as the billionaire’s takeover of the corporate the “singular answer” he trusts.

The deal was introduced by the social media platform on Monday after days of negotiations between the world’s richest individual and the Twitter board.

Musk can pay $54.20 money per share for the San Francisco-based firm, which is able to now be taken personal after days of intense negotiations between the entrepreneur and the platform’s board.

The board introduced it had reached a cope with Musk on Monday, and that it represented a 38 per cent premium from Twitter’s closing worth on 1 April, the day earlier than the world’s richest individual made his transfer for the corporate by saying his 9 per cent stake.

Musk will possible make some vital adjustments to the social media platform, having made a number of hints in current months about what his intentions are. It comes after Musk’s good friend Dorsey stepped down as CEO and Parag Agrawal took over.

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Graeme Massie26 April 2022 06:10

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Elizabeth Warren calls Musk’s Twitter takeover ‘harmful for our democracy’

After Twitter accepted Tesla chief Elon Musk’s bid to take over the corporate for $44bn, US senator Elizabeth Warren stated the deal is “harmful for our democracy.”

“Billionaires like Elon Musk play by a distinct algorithm than everybody else, accumulating energy for their very own achieve,” Ms Warren stated on Tuesday.

She pointed to the necessity for a wealth tax and “sturdy guidelines” to “maintain Huge Tech accountable.”

Vishwam Sankaran26 April 2022 06:03

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Trump says he received’t return to Twitter however calls Elon Musk ‘ man’

ICYMI: Donald Trump has stated he is not going to return to Twitter following the information that Elon Musk has purchased the platform the previous president was banned from.

Mr Trump made the announcement that he wouldn’t rejoin twitter regardless of the Tesla boss’s $44bn buy, and as a substitute stated he wold use his personal platform TRUTH Social.

Graeme Massie26 April 2022 05:04

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Jack Dorsey calls Elon Musk ‘singular answer’ he trusts

Twitter co-founder and former chief Jack Dorsey says Elon Musk is the “singular answer” he trusts.

“I don’t consider anybody ought to personal or run Twitter. It desires to be a public good at a protocol stage, not an organization,” he stated.

“Fixing for the issue of it being an organization nonetheless, Elon is the singular answer I belief,” the previous Twitter chief added.

Vishwam Sankaran26 April 2022 04:30

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Elon Musk sends first tweet after shopping for Twitter

ICYMI: Elon Musk has despatched his first tweet after reaching an settlement to purchase Twitter for round $44bn.

The corporate’s new proprietor posted the phrase “Sure!!!” surrounded by pink hearts, taking pictures stars and rocket ship emojis, above his assertion on the deal.

Graeme Massie26 April 2022 04:06

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Twitter pronounces firm can be offered to Tesla titan Elon Musk for $44bn

ICYMI: Twitter has introduced that the social media firm can be offered to Tesla titan Elon Musk for round $44bn.

Mr Musk can pay $54.20 money per share for the San Francisco-based firm, which is able to now be taken personal after days of intense negotiations between the entrepreneur and the platform’s board.

Graeme Massie26 April 2022 03:03

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How a lot will Jack Dorsey make from promoting Twitter to Elon Musk?

ICYMI: All through Twitter’s typically controversial existence, former CEO Jack Dorsey has been the face and important identification of the corporate.

Mr Dorsey, who got here to the tech world after twice dropping out of college and turning into a licensed masseuse, based the social media platform in 2006 with Noah Glass, Biz Stone and Evan Williams.

Graeme Massie26 April 2022 02:31

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Elon Musk’s ten most notable tweets, from Covid-complaints to Invoice Gates and Joe Biden-bashing

ICYMI: Tesla CEO and billionaire-personality Elon Musk has come one step nearer to taking management of America’s most hotly debated social-media platform, Twitter, following his $46.bn (£36.6bn) bid for the San Fransisco-based agency.

Forward of an anticipated announcement from Twitter of Musk’s takeover on Monday, The Unbiased has listed the billionaire’s hottest and controversial tweets from his 12 years and 10 months on the location, that includes Covid-19, the local weather disaster and extra.

Graeme Massie26 April 2022 02:01

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How one can delete your Twitter account

Twitter’s choice to promote the corporate to Elon musk for $44bn has left some customers critically contemplating their future on the social media platform.

With Mr Musk promising to defend “free speech” and the prospect of banned right-wing figures, resembling Donald Trump and Marjorie Taylor Greene, probably being welcomed again, critics are deleting their accounts, even because the businessman welcomed them on Twitter.

Graeme Massie26 April 2022 01:15

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Jeff Bezos weighs in on Elon Musk shopping for Twitter

The world’s second richest man took to twitter to query China’s leverage over the Tesla CEO and Twitter.

“Attention-grabbing query. Did the Chinese language authorities simply achieve a little bit of leverage over the city sq.?” he tweeted.

Graeme Massie26 April 2022 01:01

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