In an effort to reduce expenses, Elon Musk intends to eliminate 3,700 jobs at Twitter Inc., or half of the company’s employment, according to a report published on Wednesday by Bloomberg News, which cited people familiar with the situation. […]
The purchase of Twitter by Elon Musk is not yet complete. Tesla Motors CEO Elon Musk announced the purchase of Twitter for $44 billion more than two weeks ago, but Musk has failed to complete the transaction. Musk has […]
In an updated 13D filed with the Securities and Exchange Commission on Thursday, Tesla CEO Elon Musk makes his “best and last” bid to buy 100% of Twitter. He’s making a cash offer of $54.20 per share. Musk had […]
Elon Musk turned down Twitter’s offer to join its board of directors on Sunday, a dramatic turn after a week in which the billionaire became the company’s largest shareholder, and the company warned of more drama ahead with “distractions […]
Elon Musk, Twitter Inc’s largest shareholder, proposed a slew of modifications to the company’s Twitter Blue premium membership service on Saturday, including lowering the price, eliminating advertising, and allowing users to pay in the cryptocurrency dogecoin. Musk, who recently […]
As soon as Kyle Ash learned that Elon Musk had become the social media company’s largest stakeholder, he bought 2,000 pounds ($2,615) worth of Twitter Inc shares. The 25-year-old shop worker from Reading, United Kingdom, invested in Twitter on Monday […]
