Twitter Inc. investors blocked the reelection of an ally of Elon Musk to the board at an annual meeting on Wednesday that avoided the biggest question for the social media company: will it complete a $44 billion sale to the billionaire. Investors voted against Egon Durban, the co-head of private equity firm Silver Lake, who…
Does Elon Musk’s Investment Make Twitter a Serious Buyout Candidate?
Twitter Inc shares are up 30.4 percent this week after Tesla Inc CEO and world’s richest man Elon Musk disclosed a new 9.2 percent ownership stake in Twitter and announced on Tuesday joined Twitter’s board of directors. Musk tweeted he is already “working with [Twitter CEO Parag Agrawal] & Twitter board to make significant improvements to Twitter in…
Elon Musk and Dogecoin Co-Creator Say Twitter Needs to Take Urgent Action Against Crypto Scams
Tesla Inc. CEO Elon Musk has agreed to a comment by Dogecoin co-creator Billy Markus that Twitter Inc. needs to curb cryptocurrency scam activity on its social media platform. What Happened Markus asked Twitter to take action on the “super irritating” cryptocurrency scams, to which Musk commented by saying, “Agreed. This has been broken for a…
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