brettaylor
Elon Musk has sacked Twitter’s board of directors. The 50-year-old billionaire - whose $44 billion takeover of the social media giant was finalised last week - is the only member serving on the board after he banished Bret Taylor, the ex chairman of the board and Parag Agrawal, the ex CEO. The Tesla founder made the move - which was made public via a filing with the US Securities and Exchange Commission - has already hinted at radical changes at the microblogging service such as charging account holders nearly $20 a month to be verified, according to reports. On Sunday (30.10.2022), Elon revea...
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Elon Musk refutes allegations he had an affair with Google co-founder Sergey Brin’s wife. The Tesla founder and CEO clapped back at Wall Street Journal’s reporting he had slept with lawyer Nicole Shanahan - who is currently in the process of divorcing the 48-year-old billionaire - labelling the claims “total bs” and declaring there was “nothing romantic” between them. Elon wrote on Twitter: “This is total bs. Sergey and I are friends and were at a party together last night! “I’ve only seen Nicole twice in three years, both times with many other people around. Nothing romantic.” According to th...
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Elon Musk is trying to withdraw his £36 billion bid to buy Twitter. The billionaire Tesla CEO backed out to the deal after he claimed that the social media giant did not offer up enough info on the number of spam accounts currently operational on the microblogging site. In response to 50-year-old tech mogul rescinding his offer - which comes with a $1 billion break clause - Twitter have outlined their intention to pursue legal action against him. Bret Taylor, Twitter’s chairman tweeted: "The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk....
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Elon Musk has pulled out of his $44 billion Twitter deal. The 51-year-old business magnate - who is thought to be worth almost $225 billion - bought the microblogging website back in April 2022 in a deal worth $44 billion but has now accused Twitter of lying about the number of bots and spam accounts on the platform, as well as failing to provide material he asked for. His buyout letter reads: "This information is fundamental to Twitter's business and financial performance and is necessary to consummate. Twitter has failed or refused to provide this information. Sometimes Twitter has ignored M...
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Elon Musk says his attempts to buy Twitter are for the benefit of civilisation. The world's richest man has launched a $41 billion takeover bid for the social media giant and is adamant that it is not an economic move. Speaking at TED conference in Vancouver on Thursday (14.04.22), Elon said: "Twitter has become kind of the de facto town square. So it's just really important that people have both the reality and the perception that they're able to speak freely within the bounds of the law. "This is not a way to sort of make money. My strong intuitive sense is that having a public platform that...
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Elon Musk has made an offer to buy Twitter for $41.39 billion. The billionaire Tesla and SpaceX CEO revealed in a regulatory filing that he launched a takeover bid of Twitter just days after he bought a 9.2 per cent stake in the social media platform. Musk was subsequently offered a seat on the company’s board but refused to take up the position, instead making his offer to buy the entire company, something he could not have done once a board member. In a US Securities and Exchange Commission (SEC) filing on Wednesday (13.04.22), Musk revealed he offered to buy all Twitter’s shares for $54.20 ...
BANG Showbiz English
Elon Musk has made an offer to buy Twitter for $41.39 billion. The billionaire Tesla and SpaceX CEO revealed in a regulatory filing that he launched a takeover bid of Twitter just days after he bought a 9.2 per cent stake in the social media platform. Musk was subsequently offered a seat on the company’s board but refused to take up the position, instead making his offer to buy the entire company, something he could not have done once a board member. In a US Securities and Exchange Commission (SEC) filing on Wednesday (13.04.22), Musk revealed he offered to buy all Twitter’s shares for $54.20 ...
BANG Showbiz English
Jack Dorsey, the 45-year-old billionaire founder of social media giant Twitter, has stepped down from his role as chief executive officer, the platform announced on Monday. “Not sure anyone has heard but, I resigned from Twitter,” Dorsey tweeted along with an email that he sent to the company’s employees. “The company is ready to move on from its founders,” Dorsey’s farewell email stated. “My trust in Parag as Twitter’s CEO is deep. His work over the past 10 years has been transformational. I’m deeply grateful for his skill, heart and soul. It’s his time to lead.” Dorsey did not specify what...
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