Jamie Dimon, the CEO of JPMorgan Chase, hopes Elon Musk’s takeover of Twitter would be for the good, and is looking toward more flexibility on the platform. “I hope Musk cleans up Twitter,” Dimon said in an interview with CNBC, while adding that the Tesla founder should look into wiping out anonymous accounts from the…

Billionaire entrepreneur Elon Musk subpoenaed Stanford University on Aug. 31 as part of a legal dispute regarding his abandoned takeover bid of Twitter. The subpoena asked for documents of all “conversations, conferences, discussions, interviews, meetings, negotiations, and agreements” between Twitter and Stanford, as well as anyone linked to the university regarding the $44 billion scrapped…

Elon Musk has suggested he wants to slash his initial $44 billion takeover bid for social media platform Twitter after accounting for the proportion of bots present on the microblogging site. “I’m worried that Twitter has a disincentive to reduce spam, as it reduces perceived daily users,” Musk said in a series of tweets on May…

A new filing released by the Securities and Exchange Commission on May 17 revealed further details of Elon Musk’s $44 billion deal to take Twitter private, giving the public a more complete picture of the negotiations leading up to the acquisition. The filing, submitted by Twitter Inc., describes a series of close negotiations between Musk and Twitter…

Nearly half of President Joe Biden’s followers on Twitter, which number about 22.2 million, are fake accounts, according to an audit conducted by Newsweek. Using an audit tool provided by software firm SparkToro, Newsweek discovered 49.3 percent of all Biden followers to be “fake followers.” The analysis took into consideration multiple factors such as new…

Twitter announced Tuesday that it was filing a preliminary proxy statement with the U.S. Securities and Exchange Commission (SEC) in order to complete the Elon Musk buyout “on the agreed price,” and as “promptly as practicable.” Twitter wants the $54.20 per share in cash deal with Musk to go through, while the billionaire is hesitant…

Billionaire tech mogul Elon Musk said that the deal to buy Twitter is “temporarily on hold” until detailed information comes to light that backs Twitter’s claim that bots or fake accounts make up fewer than 5 percent of users on the platform. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do…