Elon Musk Archives - Page 74 of 76

Twitter Adopts ‘Poison Pill’ to Fight Elon Musk’s $43 Billion Takeover Bid

Twitter has responded to Elon Musk's bid to take over the company with a $43 billion offer by adopting a "poison pill" to fight the tech entrepreneur's plan. On Friday, Twitter's board enacted the defensive measure that is meant to deter Musk's hostile takeover bid. The company said in a…

Elon Musk Fires Back at Saudi Prince Who Rejected Twitter Offer: ‘What Are Kingdom’s Views on Journalistic Freedom of Speech?’

Elon Musk has fired back at Saudi Arabia's Prince Alwaleed bin Talal Al Saud after he claimed to be a large Twitter shareholder and said he would "reject" the Tesla CEO's offer to buy the company. The prince said, in his position as "one of the largest" shareholders of Twitter,…

Elon Musk Warns: If Twitter Board ‘Takes Actions Contrary to Shareholder Interests, Liability Would Be Titanic in Scale’

Elon Musk has warned the Twitter Board of Directors that, should they choose to turn down his offer to buy the company, "the liability they would thereby assume would be titanic in scale." Musk took to Twitter to discuss the crazy day that saw him make an offer to buy…

Elon Musk Says Buying Twitter ‘Not about Money’ but ‘Future of Civilization’: ‘I Don’t Care about Economics at All’

Billionaire Tesla CEO Elon Musk told the crowd at the TED2022 conference in Vancouver today that his move to buy Twitter is not about money but about "the future of civilization." “This is not about money," Musk said. "My strong intuitive sense is having a public platform that is maximally trusted…

Trump Breaks Silence on Returning to Twitter If Elon Musk Buys It: ‘Probably Wouldn’t Have Any Interest’

President Donald Trump responded to the news that Elon Musk is moving to buy all of Twitter and make it a private company to restore free speech on the platform. The move by Musk is now raising questions about the very real scenario of Trump rejoining Twitter if the company…

Twitter to Hold ‘All-Hands Meeting with Employees’ at 2pm over Musk’s Offer: ‘Elon Has Them by the B*lls’

Executives at Twitter have reportedly scheduled an emergency "all-hands meeting with employees" to discuss Elon Musk's staggering $41.39 billion offer to buy the entire company. As Slay News was first to report earlier, Twitter responded to Musk’s hostile takeover bid with a statement that said: “Twitter, Inc today confirmed it…

Twitter Responds to Elon Musk’s $41B Cash Offer to Buy Entire Company & Protect Free Speech: ‘Board of Directors Will Carefully Review the Proposal’

Twitter has responded to Elon Musk after the tech entrepreneur made a staggering $41.39 billion offer to buy the entire company, take it private, and "unlock its potential." Musk made the huge offer, which is far above its current value, arguing he believes the only way to beat the social…

Elon Musk Offers to Buy 100% of Twitter for $41.39B, Documents Show

Tech entrepreneur Elon Musk has offered to buy up the remaining shares of Twitter for $41.39 billion, documents have revealed. The offer was revealed in a regulatory filing after Musk recently purchased 9.2 percent of the company, making him the largest shareholder. Now it has emerged that he wants to…

Elon Musk U-Turns on Twitter, Pulls Out from Joining Board

Tech entrepreneur Elon Musk has U-turned on his plan to join Twitter's board of directors and has decided to no longer take the position. After becoming the social media giant's largest shareholder, Musk was awarded a seat on the board. However, Musk has now decided not to join the board,…

Twitter Appoints Elon Musk to Board of Directors as Calls to Reinstate Trump Grow Louder

Twitter CEO Parag Agrawal has just announced that Elon Musk has been appointed to the board of directors after buying 9.2% of the company. Musk is now the largest shareholder in Twitter after his huge buy. The move could see a huge shift in the social media landscape as Musk…