Twitter-Elon Musk information: CEO admits they ‘don’t know’ what is going to occur to firm below Musk

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Elon Musk buys Twitter for $44bn

Twitter says it has reached an settlement to promote the corporate to Elon Musk for round $44bn

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.

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

“Twitter has a function and relevance that impacts your complete world. Deeply pleased with our groups and impressed by the work that has by no means been extra vital,”mentioned Parag Agrawal, Twitter’s CEO.

The board introduced it had reached a cope with Mr 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 asserting his 9 per cent stake.

Mr will seemingly make some important modifications to the social media platform, having made a number of hints in latest months about what his intentions are. It comes after Musk’s buddy Jack Dorsey stepped down as CEO and Parag Agrawal took over.

You possibly can observe all the most recent developments from Musk’s Twitter takeover bid in our reside protection under.


Elon Musk sends first tweet after shopping for Twitter

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 crimson hearts, capturing stars and rocket ship emojis, above his assertion on the deal.

Graeme Massie25 April 2022 21:06


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

Twitter’s board proclaims that the corporate can be offered to Elon Musk for round $44bn.

Graeme Massie25 April 2022 20:03


What are Elon Musk’s politics?

Elon Musk has claimed that he needs to remain “out of politics” however has made quite a few criticisms of the US authorities.

The 50-year-old’s precise politics might be onerous to pin down. He has donated usually to each Democrats and Republicans whereas variously declaring himself a “reasonable”, a “socialist”, and “socially liberal and fiscally conservative”.

In response to information gathered by the non-profit lobbying watchdog Open Secrets and techniques, Elon Musk has given a complete of $1.2m to politicians, events, political motion committees (PACs), and referendum campaigns since 2002.

That cash went virtually equally to Democrats, with $542,000, and Republicans, with $574,500, with one other $85,000 going to 2 broadly left-wing referendum campaigns in California. The steadiness has fluctuated over time: in 2006, 2013 and 2017 he donated overwhelmingly to Republicans, whereas in 2015 he gave completely to Democrats.

(The Unbiased)

Graeme Massie25 April 2022 19:47


Devin Nunes says Trump gained’t return to Twitter if Musk buys it claiming his a lot mocked Reality Social has higher engagement

Supporters of former president Donald Trump who’re cheering Elon Musk’s bid to purchase Twitter as an indication that the ex-president’s everlasting ban from the platform could also be lifted below new possession can be dissatisfied to listen to that he has no plans to return to the social community that helped gasoline his unprecedented rise to the presidency.

Andrew Feinberg has the story.

Graeme Massie25 April 2022 19:15


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

All through Twitter’s usually 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 changing into an authorized masseuse, based the social media platform in 2006 with Noah Glass, Biz Stone and Evan Williams.

Graeme Massie25 April 2022 18:42


Marjorie Taylor Greene claims Elon Musk will restore her banned Twitter account

Congresswoman Marjorie Taylor Greene was amongst these on the proper celebrating what seems to be to be Elon Musk’s impending takeover of Twitter on Monday.

The Georgia consultant noticed her private account completely banned from the location on 2 January of this yr after she repeatedly used the account to share false or simply disprovable claims about Covid-19, includin a blatantly false assertion that the Covid-19 vaccine was harmful and resulting in 1000’s of deaths within the US.

John Bowden has extra particulars.

Graeme Massie25 April 2022 18:21


Elon Musk will carry Trump again to Twitter — and that’s only the start

Mr Musk claims he needs to push Twitter to permit extra free speech. However actually he’s simply altering the editorial stance of a personal firm to publish extra conservative speech, like Fox taking up the New York Occasions.

Graeme Massie25 April 2022 18:06


5 methods Twitter will change below Elon Musk

Elon Musk is already the pinnacle of 4 main endeavours: Neuralink, SpaceX, Tesla and The Boring Firm.

One needs to attach folks’s brains on to computer systems, one other needs to colonise Mars, whereas Tesla is the world’s most precious automobile maker. Oh, and The Boring Firm has the bold objective of eliminating site visitors.

Working at some point per week on every, Musk nearly has the bandwidth so as to add yet another huge position to his multi-hyphenated job title. However what precisely does he need to do with it?

Right here’s 5 methods Twitter may change below his possession:

Anthony Cuthbertson25 April 2022 17:47


Elon Musk welcomes his ‘worst critics’ to remain on Twitter as platform set to just accept his $43bn bid

Elon Musk has urged his “worst critics” to remain on Twitter because the platform’s board is anticipated to just accept the Tesla titan’s $43bn money provide for the corporate.

Mr Musk took to Twitter amid experiences he might change into its proprietor as early as Monday, and wrote, “I hope that even my worst critics stay on Twitter, as a result of that’s what free speech means.”

Graeme Massie25 April 2022 17:46


Then again, Mr Musk’s statements about social points have not often been as vociferous or clear as his financial views. Certainly, he has usually despatched opposite alerts and infrequently appeared to flirt with social conservatism.

On the time, he was engaged in a campaign towards California’s Covid lockdown insurance policies, which he described as “fascist”. He had declared early within the pandemic that “the coronavirus panic is dumb” and that there virus can be gone from America by the tip of April.

That July he tweeted the assertion “pronouns suck”, which was interpreted by many as a dig at transgender folks (since pronouns themselves are a elementary and inescapable a part of the English language).

His then-girlfriend Claire Boucher, aka the digital musician Grimes, definitely learn it that means, responding: “I really like you however please flip off ur cellphone or give me a name. I can not help hate. Please cease this. I do know this isn’t your coronary heart.”

Adam Smith25 April 2022 17:30

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