Elon Musk has arrived on the red carpet at the 2022 Met Gala with his mother as his date. The billionaire wore a black tuxedo while his mother, supermodel Maye Musk, opted for a long-sleeved red velvet dress.
15.04.2022 - 20:33 / deadline.com
Twitter said Friday it’s Board of Directors has unanimously adopted a limited duration shareholder rights plan, also called a poison pill, following Elon Musk’s unsolicited proposal to acquire the social media company.
The plans is a defensive strategy that makes hostile takeovers more expensive and complicated, or, as per Twitter, reduces “the likelihood that any entity, person or group gains control of Twitter through open market accumulation without paying all shareholders an appropriate control premium or without providing the Board sufficient time to make informed judgments and take actions that are in the best interests of shareholders.”
In a letter to the Twitter Board early Thursday, the Tesla founder and CEO made what he called a final offer to buy Twitter for $54.20 a share, valuing it at $43 billion. The Board said it was examining the proposal.
The new rights plan runs for a year, expiring April 14, 2023. “It does not prevent the Board from engaging with parties or accepting an acquisition proposal if the Board believes that it is in the best interests of Twitter and its shareholders,” the company noted.
Rights plans function by diluting the holdings of a possible adversary as they allowing existing stockholders to acquire additional shares of a company, Twitter, in this case, if any “entity, person or group acquires beneficial ownership of 15% or more of Twitter’s outstanding common stock in a transaction not approved by the Board.”
Musk has described his bid as “important to the function of the United States as a free country and to freedom in the world more broadly.” He is a proponent of open-sourcing Twitter’s algorithms and minimizing intervention and the policing of content.
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Elon Musk has arrived on the red carpet at the 2022 Met Gala with his mother as his date. The billionaire wore a black tuxedo while his mother, supermodel Maye Musk, opted for a long-sleeved red velvet dress.
One stylish mother! Elon Musk brought a very special lady to this year’s Met Gala — his mom, Maye Musk, and the pair seemed to have a great time at the star-studded celebration of fashion.
Elon Musk brought a very special lady to this year's Met Gala — his mom, Maye Musk, and the pair seemed to have a great time at the star-studded celebration of fashion.This year's Met Gala accompanies the second part of the Costume Institute's exhibition, «In America: An Anthology of Fashion,» with the controversial theme «Gilded Glamour and White Tie.» The concept is a homage to the United States' Gilded Age, an era of immense economic growth and major industrialization, as well as massive income inequality, political upheaval, and post-Civil War racism.Musk himself has been at the center of some controversy recently and has faced criticism for his $44 billion purchase of Twitter, with critics chastising him for not spending that money on philanthropic efforts.Speaking with ET's Rachel Smith on the carpet the the Metropolitan Museum of Art in New York City on Monday, Musk defended the acquisition, arguing, «I do a lot of things philanthropically.»«Really, my companies are intended to do good for the future of humanity,» he continued. «With Tesla trying to accelerate the advances in sustainable transport and energy and SpaceX is um providing internet to the lesser [served] people of the world.»«We are able to help Ukraine with the Starlink terminals and give connectivity, particularly in some of the hardest hit areas,» Musk added.
Elon Musk is thought to have donated half a million dollars to the American Civil Liberties Union in Amber Heard's name. On Wednesday, amid Johnny Depp's ongoing defamation trial against Heard, Terence Dougherty, the Chief Operating Officer and General Counsel of the ACLU, testified about what donations the organization has received from and on behalf of the former couple.
Todd Spangler NY Digital EditorTwitter, which this week accepted a deal to go private in a $44 billion sale to Elon Musk, reported income a touch lighter than Wall Street predicated in the first quarter of 2022. But the social network blew away forecasts on earnings and user growth.Q1 revenue was $1.20 billion, up 16% year-over-year, reflecting “headwinds associated with the war in Ukraine,” according to Twitter.
), “BARDO” will enjoy a theatrical release on a global scale later this year including in Mexico, its country of origin, as well as the US, Canada, UK, Italy, Spain, Germany, Argentina, Brazil, Australia, New Zealand, Scandinavia, the Netherlands, Japan and Korea, among many more before debuting on Netflix.Iñàrritu previously worked with cinematographer Emmanuel Lubezki on his last two films to Oscar-winning effect.“BARDO” stars Daniel Giménez Cacho and Griselda Siciliani. In addition to Khondji, the film features a below-the-line team that includes production design by the Oscar-winning Mexican designer Eugenio Caballero (“Pan’s Labyrinth”) and costume design by Anna Terrazas (“ROMA”).Netflix previously released noteworthy titles like Alfonso Cuaron’s “ROMA,” Martin Scorsese’s “The Irishman” and Adam McKay’s “Don’t Look Up” in theaters before the films were available to stream on Netflix, and for Iñárritu’s first Netflix feature it appears he’s being given a similar rollout strategy – although it’s unclear if “BARDO” will have an exclusive theatrical window or if the film will release on streaming and in theaters on the same day.This is Iñárritu’s first film since 2015’s “The Revenant,” which earned him a Best Director Oscar on the heels of 2014’s “Birdman” which won Best Director, Picture and Original Screenplay.
Twitter announced on Monday that they have agreed to Elon Musk acquiring the social media platform for $44 billion, and now some of the biggest names in Hollywood are reacting to the change in ownership of Twitter. It appears stars have mixed feelings about Musk’s purchase.
Louis Tomlinson entertained fans at his Friday night gig at the OVO Arena Wembley while sporting a sling after recently sustaining an injury to his elbow. The 30-year-old’s much-delayed solo world tour, in support of his solo debut LP Walls, finally hit the capital this week, with his two previously announced September 2021 date at the London Roundhouse consolidated into one night at Wembley. The star took to the stage in a pale blue and white England 1990 World Cup Finals retro third shirt, worn by the likes of Gary Lineker and Paul Gascoigne back in the day.
Breaking Bad co-star and “best friend” Bryan Cranston is his newborn son’s godfather.During an appearance on The Tonight Show Starring Jimmy Fallon on Tuesday (April 19), the actor announced he and his wife Lauren recently welcomed their second baby together, a son named Ryden.When asked if Cranston had met his son yet, Paul said: “He has met the baby. I asked Bryan on his birthday if he would be our baby’s godfather.”After joking that Cranston rejected the offer, he added: “No, he’s very excited, very honoured.
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.
Topless and tequila! Kendall Jenner enjoyed the sunshine, a pool and her 818 Tequila while posing in her blue bikini bottoms.
Elon Musk is addressing his enormous bid to own Twitter.