Just days after Twitter accepted Elon Musk’s $44 billion offer to buy the company, the South African-born tech magnate went after one of the company’s top attorneys, Vijaya Gadde. As the company’s legal, policy and trust lead, Gadde has been a key figure in establishing content policy at Twitter, including the decision to ban Donald … Read more
Has Elon Musk developed cold feet? Is he experiencing buyer’s remorse? Or is he trying to create drama for the markets, true to his public persona? Or could Musk be negotiating for a better price? Musk started buying Twitter stock in January. On March 14, he announced a 9.2% stake in the company. On April … Read more
Billionaire Elon Musk said on Tuesday, May 10, he would reverse Twitter’s ban on former US President Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc, has inked … Read more
“Hashtag wars: Opposing trends on Twitter show online coordination strategies between Marcos, Robredo supporters” is a study presented in a #FactsFirstPH research briefing held on May 04, 2022. The full copy of the research is reposted with permission. Online campaigns on Twitter Twitter has been a platform of choice for many online campaigns, whether it … Read more
Current Twitter CEO Parag Agrawal is expected to remain in his role until the sale is completed Elon Musk is expected to become Twitter’s temporary CEO after closing his $44 billion takeover of the social media firm, a person familiar with the matter said on Thursday, as the billionaire inches closer to securing funds for … Read more
Sources say the new financing, which could come in the form of preferred or common equity, could reduce the $21 billion cash contribution Elon Musk has committed to the deal as well as a margin loan he secured against his Tesla shares Elon Musk is in talks with large investment firms and high net-worth individuals … Read more
Another one of Musk’s ideas is to charge a fee when a third-party site wants to quote or embed a tweet from verified individuals or organizations Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc. that he could crack down on executive and board pay at the social … Read more
The company reports 12 million new users in the first quarter of 2022, its highest rise since the height of the pandemic Twitter Inc on Thursday, April 28, reported revenue and ad sales that fell short of expectations and were depressed by the ongoing war in Ukraine, laying out the challenges billionaire Elon Musk will … Read more
Twitter loosening its current content moderation approach, if it were to follow Musk’s idea of absolute free speech, may contribute to further polarization In a surprise capitulation, the board of Twitter has announced it will support a takeover bid by Elon Musk, the world’s richest person. But is it in the public interest? Musk is … Read more
European stocks slid to a one-month low and commodity prices dropped on Monday, April 25, on renewed concerns about rising interest rates and China’s sputtering economy, while Wall Street shares rose, reversing losses after Twitter agreed to be bought by billionaire Elon Musk. Fears over China’s COVID-19 outbreaks spooked investors already worried that higher US … Read more