Tag Archives: Musk

Elon Musk Recommended Potential Layoffs At Twitter – Does The Platform Even Want 7,500+ Staff?

Elon Musk is getting closer to closing his deal with Twitter as a PA billionaire tech entrepreneur. … [+]Reports suggest that microblogging platforms could suffer mass layoffs Getty Images Elon Musk is moving closer to closing his deal for Twitter’s acquisition. However, reports suggest that mass layoffs could occur with 1,000 or more of Twitter’s […]

Musk Reportedly Plans To Take Twitter Public A Few Years After Acquisition

Musk Reportedly Plans To Take Twitter Public A Few Years After Acquisition The topline Elon Musk has told investors he’s wooing to fund his $44 billion deal to take Twitter private that they may be able to cash out in as few as three years through a public stock offering, the Wall Street JournalReport Tuesday, […]

Elon Musk Purchased Twitter. What Is Going To Change For Entrepreneurs?

Love it or hate it, Elon Musk is one of the most eccentric billionaires of our times. His financial decisions and investments give us something to talk about. Even his own tweets can lead to heated discussions on the internet, and between big companies. For sure, this is not the first time Musk made something […]

Ex-Twitter CEO Accuses Musk Of ‘Bullying’ Twitter’s Top Lawyer Gadde

Ex-Twitter CEO Accuses Musk Of ‘Bullying’ Twitter’s Top Lawyer Gadde The topline Former Twitter CEO Dick Costolo said Wednesday that Twitter’s soon-to-be owner, Elon Musk, initiated harassment against the social media company’s top lawyer, Vijaya Gadde, targeting her in a series of viral tweets as part of his promise to increase “free speech ” on […]

Twitter staff elevate questions on Musk takeover in all-hands assembly

Twitter raises employees questions about Musk takeover in all-hands meeting Twitter asked employees questions at Monday’s all hands meeting, which was chaired by Bret Taylor and CEO Parag Agrwal. The call audio from the conference, obtained by SME, focuses on everything, including what the deal would mean in terms of their compensation as well how […]

Elon Musk Has Secured $46.5 Billion In Financing For Twitter Bid, Considers Tender Provide

NurPhoto via Getty Images Elon Musk says he’s secured $46.5 billion in financing for his Twitter bid, an important disclosure apparently meant to ease concerns about his commitment to the idea. A new SEC filing indicates that more than $20 Billion would be made from various loans to Morgan Stanley. Equity financing will bring in […]

Elon Musk Launches Hostile Takeover Bid for Twitter

Well, I don’t think anyone saw this coming, not in any realistic sense at least. But evidently, Elon Musk is serious about his push to better align Twitter with free speech principleswith the billionaire Tesla CEO offering a full, $43 billion hostile takeover bid for the app. As per Musk’s note to the SEC: “I […]

If Elon Musk Goes Hostile, Twitter Is Lacking A Key But Controversial Protection

SOPA Images/Light Rocket via Getty Images Easy reads the crowns worn by Meta, Alphabet, Snap and Berkshire Hathaway as well as Ralph Lauren and The New York Times Co. Twitter has a lower percentage. Why’s it better for the company chieftans at Meta and the others? Their firms have dual-share classes, two types of stocks […]

Musk, Dorsey Add Nearly $1 Billion To Fortunes As Twitter Stock Surges 27%

Musk, Dorsey Add Nearly $1 Billion To Fortunes As Twitter Stock Surges 27% Elon Musk, SpaceX’s Chief Engineer speaks before the Crew Dragon cleanroom at SpaceX Headquarters. … [+]Hawthorne in California, October 10, 2019. NurPhoto via Getty Images Investors on Monday cheered Elon Musk’s reveal that he has become Twitter’s largest shareholder, sending the stock […]