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Associated video: These are the Twitter board members preventing Elon Musk’s takeover bid

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 particular person and the Twitter board.

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

“Twitter has a function and relevance that impacts all the 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 particular person made his transfer for the corporate by saying his 9 per cent stake.

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

You may comply with all the newest developments from Musk’s Twitter takeover bid in our stay protection beneath.

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Twitter declares firm might be bought to Tesla titan Elon Musk for $44bn

Twitter has introduced that the social media firm might be bought to Tesla titan Elon Musk for round $44bn.

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

Graeme Massie25 April 2022 20:20

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

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 Impartial 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 Massie25 April 2022 20:10

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Twitter declares firm might be bought to Tesla titan Elon Musk for $44bn

Twitter’s board declares that the corporate might be bought to Elon Musk for round $44bn.

Graeme Massie25 April 2022 20:03

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What are Elon Musk’s politics?

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

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

Based on knowledge 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 nearly 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 stability has fluctuated through the years: in 2006, 2013 and 2017 he donated overwhelmingly to Republicans, whereas in 2015 he gave completely to Democrats.

(The Impartial)

Graeme Massie25 April 2022 19:47

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Devin Nunes says Trump gained’t return to Twitter if Musk buys it claiming his a lot mocked Fact 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 might be disillusioned 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

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

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

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

Graeme Massie25 April 2022 18:42

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

Congresswoman Marjorie Taylor Greene was amongst these on the fitting celebrating what seems 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

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

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

Graeme Massie25 April 2022 18:06

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5 methods Twitter will change below Elon Musk

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

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

Working someday per week on every, Musk nearly has the bandwidth so as to add another large 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

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

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

Mr Musk took to Twitter amid experiences he might develop 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

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