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Twitter May Be Nearing Sale To Elon Musk - deadline.com
deadline.com
25.04.2022 / 18:31

Twitter May Be Nearing Sale To Elon Musk

Twitter and Elon Musk are said to be close to clinching a sale of the social media giant to Elon Musk after the Tesla CEO came through with finanancing late last week.

Twitter Takeover Deal Negotiations With Elon Musk Underway: Reports - variety.com - New York
variety.com
25.04.2022 / 09:07

Twitter Takeover Deal Negotiations With Elon Musk Underway: Reports

Naman Ramachandran The 11-member Twitter board met on Sunday to consider billionaire Elon Musk’s $43 billion takeover offer for the social media company, according to reports.Musk “wooed many of the social media company’s shareholders with financing details on his $43 billion acquisition offer,” according to Reuters which quoted people familiar with the matter. “The company’s decision to engage with Musk… does not mean that it will accept his $54.20 per share bid,” according to Reuters.

Elon Musk Secures $46.5 Billion in Financing for Potential Twitter Takeover - variety.com
variety.com
21.04.2022 / 17:09

Elon Musk Secures $46.5 Billion in Financing for Potential Twitter Takeover

Todd Spangler NY Digital EditorTech billionaire Elon Musk is moving forward with his potential bid to acquire Twitter, revealing that he has lined up $46.5 billion in financing for a possible tender offer for the company.The financing was disclosed in an SEC filing Thursday. Musk’s financing includes commitments from Morgan Stanley and “certain other financial institutions.”According to the filing, Musk has not yet determined whether he will make a tender offer for Twitter or whether he will take other steps to further the proposal.Last week, Musk — the CEO of Tesla and SpaceX who is the wealthiest person on the planet — proposed to buy Twitter for about $43 billion in a hostile takeover, offering $54.20 per share for the social media company.

Billionaire Elon Musk claims he couch surfs among friends after girlfriend Grimes said he lives ‘below the poverty line’ - us.hola.com - USA - county Bay
us.hola.com
19.04.2022 / 21:53

Billionaire Elon Musk claims he couch surfs among friends after girlfriend Grimes said he lives ‘below the poverty line’

Elon Musk is the richest man on the planet, and according to Forbes, he has an estimated fortune of $272.5 billion. With a fortune like that, many people would think the tech mogul owns multiple properties in the United States, castles in Europe, extravagant residences in Asia, or even a private island in the Caribbean. But, in actuality, Musk seems to live a very different life.

‘Saturday Night Live’ Cold Open Takes Aim at Elon Musk, Britney Spears, Majorie Taylor Greene and Trump - variety.com - city Indio
variety.com
17.04.2022 / 07:57

‘Saturday Night Live’ Cold Open Takes Aim at Elon Musk, Britney Spears, Majorie Taylor Greene and Trump

William Earl “Saturday Night Live” served up Bowen Yang in an Easter Bunny costume for a cold open that took aim at Elon Musk’s bid for Twitter, Britney Spears’ baby news, the embattled Majorie Taylor Greene and the incoherent ramblings of Donald Trump.The cold open began with a nod to the Coachella music festival that began this weekend in Indio, Calif. Yang began the sketch by assuring the audience that they really are seeing him dressed up in a pink-and-white bunny costume — “either that or you’re at Coachella and the ‘shrooms are kickin’ it.”“SNL” star Kate McKinnon donned her Dr.

Manchester United fans send Elon Musk plea to take over from Glazers - www.manchestereveningnews.co.uk - Manchester - city Norwich
manchestereveningnews.co.uk
15.04.2022 / 20:03

Manchester United fans send Elon Musk plea to take over from Glazers

Manchester United fans are pleading with Tesla owner Elon Musk to buy the club from the Glazer family.

Elon Musk Launches $43 Billion Hostile Takeover Bid for Twitter - variety.com
variety.com
14.04.2022 / 13:59

Elon Musk Launches $43 Billion Hostile Takeover Bid for Twitter

Patrick Frater Asia Bureau ChiefElon Musk, the controversial billionaire, has made an offer to buy all of social media group Twitter for $43 billion, according to a filing made Thursday morning.The move comes just days after the Tesla pioneer revealed that he had bought a 9% stake in the company and followed that by announcing that he would join its board of directors. That quickly proved unpopular and Musk and the board did a U-turn, announcing it for the best that he did not form part of the boardroom.

Elon Musk is being sued by Twitter investors for delay in disclosing stake - www.nme.com - New York - USA - Washington
nme.com
13.04.2022 / 13:25

Elon Musk is being sued by Twitter investors for delay in disclosing stake

Elon Musk has been filed with a lawsuit by Twitter investors for failing to disclose that he had bought a substantial stake in the company.The Tesla chief revealed on April 4 that he had acquired a 9.2 per cent stake in the social media platform.Shares in Twitter soared as investors viewed the move as a vote of confidence, according to The Guardian.But federal trade laws require that investors notify the US Securities and Exchange Commission (SEC) after surpassing a 5 per cent stake in a company within 10 days. Musk acquired his shares on 14 March but did not make that public until over two weeks later.A new lawsuit filed in New York yesterday (April 12) alleges, in the time between passing the 5 per cent threshold and publicly reporting, Musk was able to buy up additional shares at a deflated price.Experts estimate that the delay may have resulted Musk netting $156million (£120million), according to The Washington Post.The lawsuit seeks class action status on behalf of investors who sold Twitter stock during that time who claim they lost out on gains they would have been aware of had Musk disclosed his stake earlier.After Musk disclosed his stake, Twitter shares rose 27 percent from $39.31 to $49.97.

Elon Musk Being Sued By Twitter Inc Shareholders For The Delay In Publicizing His Twitter Stake - deadline.com - Manhattan - San Francisco
deadline.com
13.04.2022 / 04:53

Elon Musk Being Sued By Twitter Inc Shareholders For The Delay In Publicizing His Twitter Stake

Chief of executive of electric car company Tesla, Elon Musk, is being sued by Twitter Inc shareholders.

Elon Musk Sued by Twitter Shareholders Over Late Disclosure of Stock Purchases - variety.com - New York
variety.com
13.04.2022 / 04:25

Elon Musk Sued by Twitter Shareholders Over Late Disclosure of Stock Purchases

William Earl Elon Musk is facing a federal lawsuit from a group of Twitter shareholders who claim the Tesla founder failed to properly disclose his purchases of the social media giant’s stock.The suit filed Tuesday in U.S. Southern District of New York asserts that Musk was 10 days late in filing his legally mandated disclosure form after amassing more than 5% of Twitter shares with a buying binge that started in January.The suit, filed by Marc Bain Rasella, asserts that Musk had reached the 5% disclosure threshhold by March 24 but he didn’t file the proper paperwork until April 4.

Elon Musk decides not to join Twitter’s board - www.nme.com
nme.com
11.04.2022 / 22:33

Elon Musk decides not to join Twitter’s board

Elon Musk has decided not to join the board of Twitter.His appointment was due to take effect over the weekend after he bought a 9.2 per cent stake in the social media platform last week.But the company’s chief executive Parag Agrawal has today (April 11) announced that Musk “has decided not to join our board”.“The Board and I had many discussions about Elon joining the board and with Elon directly,” he wrote in a lengthy tweet. “We were excited to collaborate and clear about the risks.

Elon Musk Won’t Be Joining Twitter’s Board Of Directors After All - etcanada.com
etcanada.com
11.04.2022 / 20:51

Elon Musk Won’t Be Joining Twitter’s Board Of Directors After All

Tesla CEO Elon Musk won’t be joining Twitter’s board of directors as previously announced. The tempestuous billionaire remains Twitter’s largest shareholder.

Elon Musk Will Not Be Joining Twitter Board; “I Believe This Is For the Best,” Company CEO Says - deadline.com
deadline.com
11.04.2022 / 07:39

Elon Musk Will Not Be Joining Twitter Board; “I Believe This Is For the Best,” Company CEO Says

Billionaire Elon Musk has always been unpredictable, and once again, he delivered a surprise.

Amber Heard Elon Musk: Their Rumored Relationship Why He’ll Testify In Her Johnny Depp Trial - hollywoodlife.com - Australia - city Columbia
hollywoodlife.com
09.04.2022 / 00:21

Amber Heard Elon Musk: Their Rumored Relationship Why He’ll Testify In Her Johnny Depp Trial

One of the most surprising people set to to testify in the defamation trial for Johnny Depp and Amber Heard is Tesla CEOElon Musk. Elon is expected to testify via video call during the trial, via court documents. The SpaceX founder has been subpoenaed to turn over all communications that he had with Amber about her ex-husband, as well as all the messages from various points in their alleged relationship. Many texts are expected to be read and released as a result of the trial. Find out all the details about why Elon is being called on to testify here.

‘Return To Space’ Review: An Uncritical Look At SpaceX And Elon Musk - theplaylist.net
theplaylist.net
07.04.2022 / 22:51

‘Return To Space’ Review: An Uncritical Look At SpaceX And Elon Musk

After the back-to-back knockouts of “Free Solo” and “The Rescue” — the former earning them an Oscar, the latter unceremoniously snubbed last year — Jimmy Chin and Elizabeth Chai Vasarhelyi turn to the sky in their new Netflix documentary “Return to Space.” Unfortunately, the married duo stumble in their profile of Elon Musk, SpaceX, and the 2020 manned Dragon Demo-2 launch.

Twitter Confirms It’s Working On An Edit Button, Says Idea Not Based On Elon Musk Poll - deadline.com
deadline.com
06.04.2022 / 10:37

Twitter Confirms It’s Working On An Edit Button, Says Idea Not Based On Elon Musk Poll

No joke: Twitter has confirmed that it’s working an edit feature which would allow users to tweak their tweets after posting. The social media platform had initially revealed the news in a one-line tweet on April 1, but it was widely interpreted as an April Fool’s gag (it didn’t help that when asked about the seriousness of the post, Twitter’s response at the time was: “We cannot confirm or deny, but we may edit our statement later”). On Tuesday, the communications team tweeted that the company has in fact been developing the feature since last year — and in a winking reference to new board member, Elon Musk, said that the idea did not come from a poll.

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