After Elon Musk’s $44 billion deal to buy Twitter was re-initiated this month, the billionaire entrepreneur has stated plans to make serious job cuts upon taking over. Musk is looking to make substantial job cuts at Twitter if the deal goes through, slashing as much as 75 percent of the company’s 7,500 employees, according to […]
Billionaire entrepreneur Elon Musk is set to buy Twitter after all, and some investors have stated their interest and excitement in seeing what he does with the company. ARK Invest CEO and CIO Cathie Wood says she’s “excited” to see what Elon Musk will do with the acquisition of Twitter, adding that it could be […]
Just before announcing plans to resume a $44 billion deal to buy Twitter last week, Elon Musk alleged that Twitter ordered whistleblower Peiter Zatko to destroy evidence of company mistakes in his departure, as reported by Bloomberg. Zatko is a former head of security at Twitter and a recent whistleblower to the social media company’s […]
In a recent interview with Financial Times Editor Roula Khalaf, Tesla CEO Elon Musk talked about his use of Twitter and why free speech plays an important role in it. While showing Khalaf around Gigafactory Texas, Musk described his use of the social media platform as “vaguely therapeutic,” with a lighthearted aura surrounding the topic. […]
A new, easy-to-read formatting for many of Elon Musk’s texts was shared by Dan Luu, with the messages taking place between January and June about the $44 billion Twitter purchase. The trove of messages were publicly released ahead of the Twitter-Musk trial slated for October 17 (which may not happen if Twitter and Musk finalize […]
Tesla and SpaceX CEO Elon Musk was set to face a deposition on Thursday, but that has been delayed. Twitter agreed to postpone the deposition after Musk offered again to buy the social network on the original terms of $44 billion. According to unnamed sources speaking to the Financial Times, the delayed deposition was agreed […]
Tesla CEO Elon Musk has spoken out in regards to his agreement to buy Twitter on the original terms, after news broke on Tuesday morning. Musk said just now, “Buying Twitter is an accelerant to creating X, the everything app.” When asked if it would be easier to build X from scratch, Musk replied, “Twitter […]
According to Bloomberg’s Ed Hammond, Elon Musk has apparently decided to proceed with his deal to buy Twitter at $54.20 per share. The news halted trading of Twitter’s shares on the stock market. Scoop – N*MUSK SAID TO PROPOSE TO TWITTER TO PROCEED W/ DEAL AT $54.20 — ed hammond (@EdHammondNY) October 4, 2022 Twitter […]
After a Delaware judge set Tesla CEO Elon Musk’s deposition for this week, the opportunity for the billionaire to answer questions under oath has been pushed back to next week. Musk’s deposition for an upcoming trial with Twitter has been rescheduled to October 6 and 7, according to a filing with the court on Tuesday […]
Tesla CEO Elon Musk is set to answer questions about his upcoming trial with Twitter, which the social media platform hopes will force him to follow through on plans to purchase the company for $44 billion. Musk is set to be deposed on Monday and Tuesday, ahead of his trial with Twitter in the coming […]
Elon Musk’s lawyers filed another notice to terminate his $44 billion Twitter deal this week, citing new reasons related to a recent whistleblower complaint. Musk filed another court notice on Tuesday to back out of his deal with Twitter, noting the recent complaints from Twitter’s Former Security Head Peiter “Mudge” Zatko, as reported by CNBC. […]
Tesla CEO Elon Musk will get more bot data from Twitter, as ordered by Delaware Judge Kathaleen McCormick on Thursday. According to the Financial Times, McCormick says Twitter must provide Musk with information related to 9,000 user accounts it audited in late 2021. McCormick, who is overseeing the upcoming case, says Twitter also needs to […]
Twitter misled federal regulators about its defenses against spam accounts and hackers, according to reports from CNN and the Washington Post on Tuesday (via Reuters). The reports noted whistleblower disclosures from Twitter’s former security head Peiter Zatko. In the original complaints, Zatko reported that executives at the social media company didn’t have the resources to […]
Elon Musk’s requests for bot data have remained central to his Twitter deal, and even as he and the social media platform gear up for a trial in October, the Tesla CEO is still looking to get information from the company. Musk’s legal team has demanded that Twitter reveal the employees in charge of calculating […]
Tesla CEO Elon Musk sold 7,924,107 shares of his electric vehicle company, worth roughly $6.9 billion. According to SEC filings, the sales took place on August 5, August 8 and 9. BREAKING: Elon Musk has filed a total of six Form 4s with the SEC tonight showing that he sold 7,924,107 $TSLA shares worth about […]
