Tag: Elon Musk

Elon Musk’s Poop Emoji used against him by Twitter

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On July 8, Elon Musk finalized his deal to buy Twitter after previously pledging to buy the social media company for $44 billion, about a fifth of his net worth. Immediately after this was announced, Twitter responded by announcing that a lawsuit had been filed, and now the legal action had begun, which in turn was filed Court documents. Within these court documents, Twitter cites the “offensive tweet” as a way to prove that Musk withdrew from the deal simply because it was no longer “in his personal interests.” The…

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Twitter says it plans to hold Elon Musk accountable in an upcoming lawsuit

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Twitter confirmed its plans to sue Elon Musk in a new company-wide memo, stating that it will hold the billionaire accountable. The social media platform has announced that it will prosecute Elon Musk after the CEO of Tesla backed out of a deal to acquire the company for more than $40 billion. Musk noted a “material breach of several provisions of the agreement,” but did not specify what exactly that meant. Musk has been searching Twitter for how many bots and fake accounts there are on the platform, but he…

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Elon Musk finalizes Twitter buyout deal

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The era of Twitter under Elon Musk ended before it officially started. according to ReutersThe Tesla CEO is backing away from his $44 billion deal to buy the social media company “citing a material breach of several terms of the agreement.” Elon Musk became Twitter’s largest shareholder earlier in the year and made an offer of $54.20 per share to buy all the remaining shares he does not currently own. Since then, there’s been a back-and-forth between Musk’s executives and Twitter, with the odds of Musk actually making the purchase…

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Twitter sues Elon Musk over merger termination

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It has been confirmed that Twitter will take legal action against Elon Musk to terminate the merger agreement. It was announced earlier this year that Elon Musk planned to acquire Twitter for $44 billion, promising some sweeping changes to the social media platform. The idea was to allow more “freedom of speech,” meaning that people would be able to speak more freely without being banned. However, it has not been determined exactly what this will look like. Reports also indicated that Elon Musk was looking to monetize Twitter in certain…

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Elon Musk says Twitter deal is on hold, but he’s still committed

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Elon Musk now says his Twitter deal is on hold, but he’s still committed. Reuters Reports indicate that the social media company estimates that the false/spam accounts that make up a large part of the site’s billionaire plans make up less than five percent of the site’s “daily active users”. This would be a huge difference from what people previously thought might actually happen. In the report, Twitter says that there were 229 million users who received the ad serving during the first quarter. Musk has been vocal about both…

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It is said that Elon Musk may charge for some Twitter features

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Elon Musk is said to be considering shipping one of Twitter’s most essential features. Earlier this month, Elon Musk made the move to buy Twitter. Although this deal has yet to be finalized, Musk has ideas on how to use the company. The Tesla CEO has been vocal about his desire to create a platform that allows more ways for “freedom of speech,” which essentially means that it will ease restrictions on the types of content one can post on the social media site. Moreover, there are still many questions…

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Elon Musk raises concerns about “Next” after buying Twitter

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Elon Musk has agreed to buy Twitter for $44 billion. As you’d expect, he’s already made big promises, most of which have included reducing moderation on the social media platform in favor of more “freedom of speech”. As the world waits to see what Twitter looks like under Mask, others are wondering what’s next for the world’s richest man. Musk now owns Tesla, SpaceX, and Twitter. He has his hands in more than that, but these companies, in particular, seem poised to play a big role in the future of…

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Elon Musk’s bid to buy Twitter is said to be under consideration

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There is still a possibility that Elon Musk will end up as the new owner of Twitter. report from The Wall Street Journal Twitter is allegedly reconsidering Musk’s bid to buy the company after it secured $46.5 billion in funding. The story between Elon Musk and Twitter began when the former announced his intentions to join the Twitter board of directors. That didn’t happen in the end after Musk backed down after he underwent a background check. Not to be deterred, Musk walked forward with a Twitter takeover. The company…

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Elon Musk Goes Ahead With Twitter Acquisition, Secures $46.5 Billion Funding

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It looks like Elon Musk is going ahead with his attempt to take control of Twitter. For a week now, Musk has been making headlines for making some very public moves to buy Twitter — namely, become the company’s largest single shareholder. Musk is now said to have secured $46.5 billion in funding for a “potential bid for the company”. News of Musk’s financing arrangement surfaced as a result SEC . filings Filed Thursday – Filings indicate that Musk has obtained financial commitments from “Morgan Stanley Senior Funding, Inc. and…

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Marvel fans discuss Tony Stark comparisons after Elon Musk tried to buy Twitter

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Tesla CEO Elon Musk has offered to buy Twitter, and Marvel fans are making big comparisons to Tony Stark as a result. Musk is currently the largest single shareholder in Twitter, but today he made an offer of $54.20 per share to purchase the remaining shares in the company. Musk has been open about his desire to turn Twitter into a privately owned company, where he can map out the arithmetic terms of what the social media platform’s “free speech” model looks like. Musk had previously planned to join Twitter’s…

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