The billionaire has threatened to pull out of his $44 billion deal to buy Twitter unless the company provides access to data he says is necessary to evaluate the number of fake users on the platform.
Posted inBusiness, Nation & World
Elon Musk threatens to walk away from deal to buy Twitter
Lawyers for the Tesla CEO say they have repeatedly asked for the information since May 9 so he could evaluate how many of the company’s 229 million accounts are fake.
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Posted inBusiness, Nation & World, News
Twitter shareholders meet amid Elon Musk’s takeover drama
Twitter’s regularly scheduled shareholder meeting Wednesday didn’t include a vote on the Tesla billionaire’s $44 billion bid for the social platform.
Posted inBusiness
New Twitter policy aims to pierce fog of war misinformation
The changes make Twitter the latest social platform to grapple with the misinformation, propaganda and rumors that have proliferated since Russia invaded Ukraine in February.
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Elon Musk says $44 billion deal won’t happen unless Twitter proves bot claims
Musk’s latest online pronouncement complicates an already chaotic takeover, potentially one of the largest acquisitions the internet industry has ever seen.
Posted inBusiness, Nation & World
Elon Musk says he would reverse Twitter’s ban of Donald Trump
The billionaire, who plans to buy the social media company, said permanent bans of Twitter accounts should be rare and reserved for accounts that are scams or automated bots.
Posted inBusiness, Nation & World
Trump’s censorship attack on Twitter fails to get his ban lifted
Trump’s lawyers argued that Twitter was acting at the behest of the government because it suspended his account under pressure from Democratic lawmakers.
Posted inBusiness
Wall Street, tech investors back Elon Musk’s bid for Twitter with $7 billion
The high profile investors show ‘that it’s not Musk single-handedly trying to turn around Twitter,’ one analyst says.
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Musk’s Twitter pitch featured layoffs, ways to monetize platform
On calls with teams of bankers before the deal was announced, Musk fielded questions on how he would generate financial returns at Twitter.
Posted inLocal & State, Nation & World, News, Politics
Sen. Collins says she’d support reinstatement of Trump’s Twitter account
Collins’ comments come a day after Tesla CEO Elon Musk, who describes himself as a ‘free-speech absolutist,’ reached an agreement to purchase Twitter for $44 billion.