Dogecoin prices surged about 8 percent on Tuesday after billionaire CEO Elon Musk reiterated his support for cryptocurrency Dogecoin in a recent interview. Speaking with Bloomberg News Editor-in-Chief John Micklethwait at this year’s Qatar Economic Forum in Doha, Musk explained his reasoning behind his public endorsement of the digital currency. “I intend to personally support…
Elon Musk Sends Dogecoin 8 Percent Higher on Support for Cryptocurrency
Elon Musk ‘Undecided’ on Supporting Trump in 2024
Tech entrepreneur Elon Musk said he’s undecided on who to support in the 2024 presidential election, declining Tuesday to offer any specifics. When asked during an interview with Bloomberg News if he would support former President Donald Trump if he enters the race, Musk replied: “I think I’m undecided at this point about that election.”…
Musk Says Unresolved Issues Remain Over Twitter Deal
June 21, 2022
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Business & MarketsCompaniesdealeconomyElon MuskInvestmentMarketsMedia & Big TechSocial MediaTechTwitterUSUS News
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Billionaire tech mogul Elon Musk said Tuesday there remain several unresolved matters with his bid to buy Twitter, including the coming together of the debt part of the transaction, the outcome of a shareholder vote, and the number of spam users on the platform. Musk, who has offered to buy Twitter in a transaction worth around…
Twitter Board Unanimously Urges Shareholders to Approve Musk’s Buyout Offer
Twitter’s board has issued a unanimous recommendation that shareholders approve Elon Musk’s $44 billion bid to buy the social media platform, regulatory filings show. In a preliminary proxy statement filed with the Securities and Exchange Commission (SEC) on June 21 addressed to Twitter stockholders (pdf), the company’s board says it “unanimously recommends” that shareholders vote…
Twitter Board Unanimously Backs Elon Musk’s $44 Billion Buyout Bid
Twitter’s board has issued a unanimous recommendation that shareholders approve Elon Musk’s $44 billion bid to buy the social media platform, regulatory filings show. In a preliminary proxy statement filed with the Securities and Exchange Commission (SEC) on June 21 addressed to Twitter stockholders (pdf), the company’s board says it “unanimously recommends” that shareholders vote…
Tesla Cutting Salaried Workforce by 10 Percent Over Next 3 Months After ‘Growing Very Fast’: Musk
Electric vehicle maker Tesla Inc. will cut down its salaried workforce by 10 percent over the next three months, amounting to a roughly 3.5 percent reduction in total headcount at the company, CEO Elon Musk said on June 21. “We grew very fast on the salaried side,” Musk said in an interview with Bloomberg News Editor-in-Chief…
Elon Musk Reveals Who He Believes Is Actually Driving the Democratic Party
Tech billionaire Elon Musk revealed that he believes certain unions are primary drivers of the Democratic Party’s and Biden administration’s policies. “The general public is not aware of the degree to which unions control the Democratic Party. One does not need to speculate on this point,” Musk said in an interview published over the weekend….
Elon Musk Calls out TikTok Over ‘Civilization’ Risk
June 19, 2022
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Big Tech, Censorship, and SocialismBusiness & MarketsChinacivilizationCompaniesDefending AmericaElon MuskFeatured TopicsMedia & Big TechtechnologyThreat from Communist ChinaTikTokUSUS NewsUS-China relations
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Elon Musk recently questioned whether short video app TikTok is leading to the collapse of civilization, following a new report that alleged the China-owned platform had obtained private U.S. user data. “Is TikTok destroying civilization?” the billionaire said on June 17 via Twitter. “Some people think so,” his post reads, offering no further explanation. The…
2 Analysts Share Insights Into Elon Musk’s All-Hands Meeting
Elon Musk met with Twitter Inc. employees on Thursday for the first time since he launched an offer for the social media platform, wherein he discussed a host of issues. Musk Wants to Move Forward, Munster Says The fact that Musk is finding time to talk with Twitter employees is evidence that he does want to move forward,…
Elon Musk Mulls Spacex-Like Pay Structure for Twitter Staff
Tesla Inc CEO Elon Musk clarified how Twitter Inc employees would receive compensation and benefits after his takeover of the social media platform. What Happened Musk interacted with Twitter employees on Thursday. He was asked how he compensates employees at privately held SpaceX and what approach he plans to take at Twitter after he closes his deal, according to a transcript of the interaction published by…
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