Oct 4 (Reuters) – Billionaire Elon Musk is proposing to proceed with his original $44 billion bid to take Twitter Inc (TWTR.N) private, security filings showed on Tuesday, calling for an end to a lawsuit by the social media company that could
Elon Musk filed another notice on Tuesday to terminate his acquisition of Twitter, citing additional reasons. Twitter shares were down more than 1% in pre-market trade. The latest filings come after Twitter’s former head of security Peiter “Mudge” Zatko alleged
Washington (CNN Business)Twitter is exceptionally vulnerable to exploitation by foreign governments in ways that threaten US national security, and may even have foreign spies currently active on its payroll, according to Peiter “Mudge” Zatko, the whistleblower at the center of
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 because the social media company had breached multiple provisions of the merger agreement. Twitter’s
BRUSSELS, June 13 (Reuters) – Alphabet Inc unit Google (GOOGL.O), Facebook Inc, Twitter Inc(TWTR.N) and other tech companies will have to take measures to counter deepfakes and fake accounts on their platforms or risk hefty fines under an updated European Union code
In a letter to Twitter, a lawyer for Musk called it a “clear material breach” of the terms of their merger agreement. Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk accused Twitter of
May 13 (Reuters) – Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc (TWTR.N) was “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts. Twitter
May 6 (Reuters) – Elon Musk is aiming to increase Twitter’s (TWTR.N) annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presented by the world’s richest man
Elon Musk sold roughly $4 billion worth of Tesla shares in the days following his bid to take Twitter private, according to filings with the Securities and Exchange Commission. The bulk of the CEO’s sales were made on Tuesday, the
The Twitter board on Monday agreed to a $44 billion buyout from Tesla CEO Elon Musk. But few additional details are known, leaving users and employees uncertain of what the future holds. The Tesla CEO has shared little about how