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 personal after days of intense negotiations between the entrepreneur and the platform’s board.
“Twitter has a objective and relevance that impacts all the world. Deeply happy with our groups and impressed by the work that has by no means been extra vital,”stated Parag Agrawal, Twitter’s CEO.
The board introduced it had reached a take care of 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 probably 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 buddy Jack Dorsey stepped down as CEO and Parag Agrawal took over.
You’ll be able to comply with all the newest developments from Musk’s Twitter takeover bid in our stay protection under.
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 acquire a little bit of leverage over the city sq.?” he tweeted.
Graeme Massie26 April 2022 01:01
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 purple hearts, capturing stars and rocket ship emojis, above his assertion on the deal.
Graeme Massie25 April 2022 21:06
Twitter broadcasts firm will probably be bought to Tesla titan Elon Musk for $44bn
Twitter’s board broadcasts that the corporate will probably be bought 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 actual politics could be onerous to pin down. He has donated usually to each Democrats and Republicans whereas variously declaring himself a “average”, a “socialist”, and “socially liberal and fiscally conservative”.
In keeping with 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 stability has fluctuated through the years: in 2006, 2013 and 2017 he donated overwhelmingly to Republicans, whereas in 2015 he gave solely to Democrats.
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 will probably 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
Marjorie Taylor Greene claims Elon Musk will restore her banned Twitter account
Congresswoman Marjorie Taylor Greene was amongst these on the precise 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 hundreds of deaths within the US.
John Bowden has extra particulars.
Graeme Massie25 April 2022 18:21
Elon Musk will convey Trump again to Twitter — and that’s just 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 non-public firm to publish extra conservative speech, like Fox taking on the New York Occasions.
Graeme Massie25 April 2022 18:06
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 needs to attach individuals’s brains on to computer systems, one other needs to colonise Mars, whereas Tesla is the world’s Most worthy automotive maker. Oh, and The Boring Firm has the bold aim of eliminating visitors.
Working in the future 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 wish to do with it?
Right here’s 5 methods Twitter would possibly change below his possession:
Anthony Cuthbertson25 April 2022 17:47
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 anticipated to simply accept the Tesla titan’s $43bn money supply for the corporate.
Mr Musk took to Twitter amid studies he may grow to be 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
Alternatively, Mr Musk’s statements about social points have hardly ever 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 top of April.
That July he tweeted the assertion “pronouns suck”, which was interpreted by many as a dig at transgender individuals (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 method, responding: “I like you however please flip off ur cellphone or give me a name. I can not assist hate. Please cease this. I do know this isn’t your coronary heart.”
Adam Smith25 April 2022 17:30