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…
Jamie Dimon Bats for Musk’s Twitter Takeover: ‘I Hope Musk Cleans Up Twitter’
Musk Subpoenas Stanford University in Legal Spat With Twitter
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…
Musk Suggests Slashing Twitter Takeover Offer Based on Bot Numbers
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…
New SEC Filing Reveals Details of Musk’s Twitter Negotiations
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…
Audit Reveals Half of Biden’s Twitter Followers Are Fake as Musk Pauses Purchase: Newsweek
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 Wants to Close Deal ‘Promptly’ and on ‘Agreed Price,’ While Musk Calls on SEC to Confirm Bot Numbers
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…
Musk Says Twitter Deal on Hold Over Spam Bots
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…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta