Thursday, Jul 07, 2022
Outlook.com

Elon Musk's $44 Billion Twitter Deal Gets Board Endorsement

Elon Musk's $44 Billion Twitter Deal Gets Board Endorsement

Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter employees, though shares of Twitter remain far below his offering price, signaling considerable doubt that it will happen

21 June 2022
Twitter To Provide Elon Musk With Raw Daily Tweet Data: Reports

Twitter To Provide Elon Musk With Raw Daily Tweet Data: Reports

Musk, who struck a legally binding agreement to buy Twitter in April, contends that the deal can’t proceed unless the company provides more information about...

09 June 2022

Explained: Is Elon Musk's Deal To Buy Twitter Falling Apart?

In April, Musk signed an agreement with Twitter to buy the company for $44 billion and take it private.

Elon Musk Threatens To Scrap $44 Billion Twitter Deal Over ‘Breach’ Of Agreement

Elon Musk Threatens To Scrap $44 Billion Twitter Deal Over ‘Breach’ Of Agreement

Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday that the social platform included in a filing with the Securities and...

06 June 2022

Musk Seeks To Cut 10% Of Tesla Workforce: Report

In an email Thursday to Tesla executives titled “pause all hiring worldwide," Musk wrote that he had a “super bad feeling” about the economy and that the...

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26 May 2022
Twitter Shareholders To Meet Amid Elon Musk's Takeover Drama

Twitter Shareholders To Meet Amid Elon Musk's Takeover Drama

But the drama surrounding his offer — almost all of it created by Musk himself — might spill over into today's proceedings anyway.


17 May 2022
Musk: Doubt About Spam Accounts Could Scuttle Twitter Deal

Musk: Doubt About Spam Accounts Could Scuttle Twitter Deal

Also at the All In Summit, Musk gave the strongest hint yet that he would like to pay less for Twitter than his $44 billion offer made last month.


17 May 2022
Elon Musk's China Ties Add Potential Risks To Twitter Purchase

Elon Musk's China Ties Add Potential Risks To Twitter Purchase

Tesla Inc's ambitions in China might give Beijing that leverage to pressure Twitter to silence human rights activists and other critics or ease its rules on...


17 May 2022
Musk Hints At Paying Less For Twitter Than His $44 Billion Offer

Musk Hints At Paying Less For Twitter Than His $44 Billion Offer

Musk told a Miami technology conference that a viable deal at a lower price would not be out of the question


13 May 2022
Elon Musk Says Twitter Deal 'Temporarily On Hold'

Elon Musk Says Twitter Deal 'Temporarily On Hold'

It's another twist after signs of internal turmoil amid the Tesla billionaire's planned buyout of the company, including that Twitter fired two of its top...


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13 May 2022
Tesla, Twitter Shares Drop As Elon Musk's Legal Issues Grow

Tesla, Twitter Shares Drop As Elon Musk's Legal Issues Grow

Of the two, Musk's electric vehicle company has fared worse, with its stock down almost 16% so far this week to $728


12 May 2022
Why Elon Musk Might Choose Indonesia Over India For Tesla's Manufacturing Base

Why Elon Musk Might Choose Indonesia Over India For Tesla's Manufacturing Base

Dissatisfied with India's high import duties and lack of an ecosystem to support EV sales, Elon Musk is exploring other locations in Asia for a Tesla factory....


11 May 2022
Elon Musk Says He Would Reverse Twitter's Ban Of Donald Trump

Elon Musk Says He Would Reverse Twitter's Ban Of Donald Trump

The Tesla CEO said Tuesday that Twitter's ban of Trump following the Jan 6, 2021 insurrection at the US Capitol was a “morally bad decision” and “foolish...


10 May 2022
Why Elon Musk Is Unlikely To Pay Heed To Adar Poonawala's Request

Why Elon Musk Is Unlikely To Pay Heed To Adar Poonawala's Request

With Musk adamant that import duties be slashed by 100%, and the government insisting this reduction won't be forthcoming unless Tesla sets up a local factory,...


05 May 2022
Musk Gets $7 Billion Backing For Twitter Bid From Tech Heavyweights

Musk Gets $7 Billion Backing For Twitter Bid From Tech Heavyweights

Musk in earlier regulatory filings revealed that he has sold roughly $8.5 billion worth of shares in Tesla to help fund the purchase.


04 May 2022
Elon Musk Asked To Testify On Twitter By UK Parliament

Elon Musk Asked To Testify On Twitter By UK Parliament

Parliament's digital committee asked the Tesla CEO on Wednesday to give evidence about his proposals “in more depth”.


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29 April 2022
Elon Musk Sells $4 Billion In Tesla Shares, Presumably For Twitter Deal

Elon Musk Sells $4 Billion In Tesla Shares, Presumably For Twitter Deal

Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday


28 April 2022
Twitter March Revenue Climbs To $1.2 Billion, Daily Users Grow 16% After Musk's Successful Bid

Twitter March Revenue Climbs To $1.2 Billion, Daily Users Grow 16% After Musk's Successful Bid

Twitter, based in San Francisco, reported an average of 229 million daily active users in the quarter, up 16 per cent from last year.


28 April 2022
EXPLAINER: What Twitter Could Do As Privately Held Company

EXPLAINER: What Twitter Could Do As Privately Held Company

One important change for Twitter users is that the company would likely have more freedom to make big or unpopular changes.


26 April 2022
A ‘Free’ Twitter Post Musk?

A ‘Free’ Twitter Post Musk?

The world’s richest man has won Twitter in a $44 billion deal. But the question is can he really win over twitter? Can he really make the platform...


09 June 2022
A Timeline Of What Went Wrong With Elon Musk's Hostile Takeover Of Twitter

A Timeline Of What Went Wrong With Elon Musk's Hostile Takeover Of Twitter

In what is considered to be the biggest buyout offer of recent times, the Elon Musk's Twitter deal now stands uncertain as the Tesla CEO threatened to pull the...


26 April 2022
No problem In Tesla Producing EVs In India But Must Not Import Vehicles From China: Nitin Gadkari

No problem In Tesla Producing EVs In India But Must Not Import Vehicles From China: Nitin Gadkari

Last year, the heavy industries ministry had also asked Tesla to first start manufacturing its iconic electric vehicles in India before any tax concessions...


21 April 2022
Elon Musk Secures Funds Worth $46.5 Billion To Buy Twitter

Elon Musk Secures Funds Worth $46.5 Billion To Buy Twitter

According to the regulatory filing, to finance the transaction Musk has committed to invest $33.5 billion which includes $12.5 billion as margin loans as well...


20 April 2022
Elon Musk To Invest $15 Billion Of His Own Money To Acquire Twitter: Report

Elon Musk To Invest $15 Billion Of His Own Money To Acquire Twitter: Report

Musk is planning to offer a tender offer within 10 days and has roped in investment banking firm Morgan Stanley to raise as much as $10 billion in debt against...


20 April 2022
Elon Musk’s This Cryptic Tweet Fuels Speculations About Twitter’s Tender Offer

Elon Musk’s This Cryptic Tweet Fuels Speculations About Twitter’s Tender Offer

The development came two days after the microblogging site introduced the ‘poison pill’ defense to wield the hostile takeover by Twitter. 


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