5 Simple Techniques For elon musk news - twitter elon musk news
5 Simple Techniques For elon musk news - twitter elon musk news
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Twitter’s board permitted Elon Musk’s $44 billion takeover provide this week, nevertheless the deal received’t be last until it’s set to a shareholder vote. Twitter has taken the initial step in that approach, submitting its merger document Along with the Securities and Trade Commission.
Agrawal reported he expects to spend time with Musk and will inform the billionaire with regards to the rules which have guided Twitter’s choices.
Those sales didn't show up to measurably push Tesla’s price tag down, however it’s unknowable whether the price would have gone up had he not been offering.
Elon Musk could soon possess Twitter, but his have use with the System will remain constrained by a 2018 arrangement he signed with securities regulators.
Typically, institutional traders sell shares of an announced acquisition concentrate on once the Preliminary “pop” in its shares and so-known as arb investors stage in. With Twitter, quite a few particular person investors are producing this wager.
Even so, Musk's public dialogue of his psychological health and fitness difficulties and experiences of cure has the probable to lower stigma all over despair and help-trying to find for psychological wellbeing conditions.
In inside messages later on that working day, an staff wrote concerning the resignations and advised that internal privateness evaluations of Twitter’s items were not proceeding as they need to underneath the File.T.C. settlement.
At a company that was pushed by a aim to help make existence “multiplanetary,” the threat of personal bankruptcy was a motivating element, the former executive said.
But Tesla engineers who reviewed Twitter’s code proposed deeper cuts to the engineering teams. Executives overseeing other areas of Twitter ended up told to increase their layoff lists.
“I'm not planning to touch upon a certain transaction — what I am able to show you, for a common subject, it doesn't matter who owns or operates Twitter, the President has prolonged been worried about the strength of substantial social media platforms, what they may have, the ability they have got around our everyday life, has extensive argued that tech platforms need to be held accountable with the harms they result in,” Psaki explained to reporters at Monday’s White Household press briefing.
Musk didn’t confirm just what the new subscription payment would Value, but described it for a “small amount of money.”
A single Twitter workforce began developing a money model to point out the cost of the layoffs. A different built elon musk news - twitter elon musk news a design to show how a great deal more Mr. Musk could possibly pay in lawful costs and fines if he proceeded While using the speedy cuts, 3 individuals reported.
But Mr. Musk’s team reported he was used to likely to courtroom and spending penalties, and was not concerned about the threats. So Twitter’s human-resource, accounting and authorized departments scrambled to determine how you can comply with his command.
In May perhaps of that year, Mr. Musk sent an electronic mail to the employees that echoed some of the language he has employed with Twitter staff members.