In the latest development in Tesla Inc CEO Elon Musk’s Twitter Inc bid saga, Cardano founder Charles Hoskinson has told Musk that he’s willing to help him build a decentralized version of Twitter. In a recent Tweet, Hoskinson said that he is willing to make a dispersed social media platform along with Musk if his…
Here’s Why the Founder of Cardano Is Looking to Build a Decentralized Twitter With Elon Musk
Tesla Stock Split and More: What Retail Investors Want to Know From Elon Musk and Team on Wednesday’s Quarterly Call
Tesla, Inc., is scheduled to report its first-quarter earnings after the market close on Wednesday. Following the earnings release, the company’s management will host an earnings call at 5:30 p.m. ET on the same day. The quarter assumes importance because of the buzz surrounding it, especially in relation to the input price inflation set in motion…
Poison Pill Tactic Makes ‘Coercive’ Takeover Difficult: Twitter
Twitter’s adoption of a so-called poison pill tactic makes it harder for a hostile takeover, the company said on April 18. Twitter’s board on Friday announced that a person or entity buying at least 15 percent of Twitter’s outstanding stock without approval would trigger the poison pill, which enables other stockholders to buy shares at…
Elon Musk Versus a Saudi Prince
Commentary An exchange on Twitter on April 14 between Elon Musk and Saudi billionaire Alwaleed bin Talal caused a stir on the social media platform that Musk is offering to buy. Alwaleed wrote in a tweet that as “one of the largest & long-term shareholders of Twitter,” he believes Musk’s bid of $54.20 a share…
Dorsey Rips Twitter Board for ‘Dysfunction’ After Musk Accuses It of Failing to Represent Shareholders
April 18, 2022
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Business & EconomyCompaniesElon MuskInvestmentJack DorseyMarketsMedia & Big TechSocial MediaTechTwitterUSUS News
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Twitter co-founder Jack Dorsey penned a scathing tweet over the weekend calling the company’s board of directors a consistent source of dysfunction after Tesla CEO Elon Musk accused the Twitter board of failing to represent the interest of shareholders. Dorsey made the remark in a tweet thread initiated by Garry Tan, co-founder of Initialized Capital, who…
Ethereum Founder Vitalik Buterin Has This to Say About Elon Musk’s Hostile Twitter Bid
Market chatter over the past few days is about Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk’s $54.20 per share offer to take Twitter, Inc. (NYSE:TWRT) private. Several high-profile investors and corporate CEOs have had thoughts on the development, and the latest to join the discussion is Ethereum (CRYPTO: ETH) founder Vitalik Buterin. Don’t Oppose, But… Buterin…
Live Q&A at 10:30PM ET: Free Speech Battle Sparked by Elon Musk Twitter Bid; The Durham Trial Begins
Elon Musk, the CEO of Tesla, offered to buy Twitter for $43 billion and to make the social media company private. His offer has sparked a national debate on free speech, with establishment news outlets and others claiming that censorship is necessary for an alleged democracy to survive. The issue has gone beyond just a…
Elon Musk vs. Twitter Board of Directors Is a Battle for America’s Soul
April 17, 2022
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Big Tech, Censorship, and SocialismDefending AmericaElon MuskFeatured TopicsOpinionSocial MediaTechTwitterUSViewpoints
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Commentary When I was a kid growing up in New York City in the 1950s, my parents were liberal Democrats. They were “Gladly for Adlai” (Stevenson) in the presidential elections of 1952 and 1956 and therefore, their loyal child, so was I. (Dwight Eisenhower, the winner in those elections, turned out to be one of the better…
Twitter Board Not Representing Shareholders: Elon Musk
April 17, 2022
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Beneficial OwnersBusiness & EconomyCompaniesElon MuskMedia & Big TechSocial MediaTechTwitterUSUS News
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Elon Musk said Saturday that the Twitter Inc. board of directors is not representing the interest of its shareholders. “Wow, with Jack departing, the Twitter board collectively owns almost no shares! Objectively, their economic interests are simply not aligned with shareholders,” he replied to a post showing a chart of the ownership percentages of Twitter…
Judge Rules Musk’s Tweets Over Taking Tesla Private Were False, Investors Say
A federal judge has ruled that Tesla CEO Elon Musk’s 2018 tweets about having secured financing to take the company private were false, according to court filings by Tesla investors suing the billionaire over the tweets. The filing said that the court ruled April 1 that Musk’s 2018 tweets were “false and misleading.” The court…
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