Elon Musk Threatens to ‘Name and Shame’ Companies Pausing Twitter Ads

Prior to the statement, Musk blamed pressure from activist groups for the pause on ad spending. Before the takeover, Musk promised investors Twitter wouldn’t become a “free-for-all hellscape” in a letter. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The … Read more

Soon, you may have to pay about Rs 5,000 per year for Twitter blue check mark

Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world’s most influential social media platforms. “Whole verification process is being revamped right now”, Musk said in his tweet without giving more details. Twitter is considering charging for the coveted blue … Read more

Elon Musk completes $44 billion acquisition of Twitter

Elon Musk completed his $44 billion acquisition of Twitter Inc late on Thursday and his first move was to fire the social media company’s top leadership which he accused of misleading him over the number of spam accounts on the platform. Musk terminated Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal … Read more

Banks to hold all $13-billion debt backing Twitter deal, says report

The banks providing $13 billion in financing for Tesla CEO Elon Musk’s acquisition of Twitter have abandoned plans to sell the debt to investors because of uncertainty around the social media company’s fortunes and losses, people familiar with the matter said.   The banks are not planning to syndicate the debt as is typical with … Read more

Elon Musk sells another $7 billion Tesla shares

Elon Musk offloaded $6.9 billion worth of stock in Tesla Inc. to accumulate cash ahead of a trial that could force the billionaire to follow through on an agreement to acquire Twitter Inc. Tesla’s chief executive officer sold about 7.92 million shares during the last three days of trading, according to regulatory filings. Musk, who … Read more