Tag: Tech

‘Elon Is the Singular Solution I Trust’: Jack Dorsey Throws Support Behind Musk After Twitter Takeover Approved

Jack Dorsey, the co-founder and former CEO of Twitter, threw his support behind Elon Musk’s deal to take the social media platform private, with a Twitter thread that begins with a link to Radiohead’s “Everything In Its Right Place.” The Twitter board had unanimously approved the Tesla and SpaceX CEO’s unsolicited offer amidst polarizing reactions…


‘Bits and Bytes’: Australian PM Warns Conflict With Beijing Could Be Fought in Cyberspace

A conflict with Beijing will not be limited to tanks and weapons, and instead will encompass a wide array of domains including cyber, according to Australian Prime Minister Scott Morrison. The prime minister was responding to questions over Australia’s readiness to confront a more aggressive Chinese Communist Party (CCP) in the region, saying the AUKUS…


Nasdaq Ends Sharply Higher After Twitter Agrees to Be Bought by Musk

Wall Street rose on Monday, with the Nasdaq ending sharply higher after Twitter agreed to be bought by billionaire Elon Musk, sparking a late day rally in growth stocks. Twitter ended up 5.6 percent after announcing it would be bought by Musk in a deal that will shift control of the social media giant to…


Elon Musk Twitter Buyout Prompts Polarized Reactions

Twitter announced on Monday that it had reached a final agreement to be acquired by Elon Musk for approximately $44 billion, prompting mixed reactions as users prepare for a new content moderation policy. The new announcement concludes a three-week saga of Musk’s total acquisition of the social media corporation, which began on April 4 when…


Elon Musk Urges ‘Worst Critics’ to Stay on Twitter: ‘That Is What Free Speech Means’

As it was confirmed Monday that Elon Musk would purchase Twitter and take it private, the Tesla founder urged his “worst critics” to stay on Twitter. “I hope that even my worst critics remain on Twitter, because that is what free speech means,” he wrote in a Twitter post. Musk has repeatedly called for the…


Trump Vows Not Return to Twitter Despite Musk Purchase

Former President Donald Trump, banned from Twitter, said he will not return to the platform even after businessman Elon Musk takes over. “I am not going on Twitter, I am going to stay on Truth,” Trump told Fox News. “I hope Elon buys Twitter because he’ll make improvements to it and he is a good…


Trump Reveals His Stance on Returning to Twitter After Musk’s Bid Prevails

Former President Donald Trump, banned from Twitter, said he will not return to the platform even after businessman Elon Musk takes over. “I am not going on Twitter, I am going to stay on Truth,” Trump told Fox News. “I hope Elon buys Twitter because he’ll make improvements to it and he is a good…


Twitter Accepts Elon Musk’s Offer

Twitter’s Board of Directors has approved Elon Musk’s offer to purchase the social media firm and take it private in a transaction valued at about $44 billion, the company announced Monday. The company accepted the billionaire’s proposal of $54.20 per share. “Twitter has a purpose and relevance that impacts the entire world. Deeply proud of…


Twitter Accepts Elon Musk’s $44 Billion Takeover Bid

Twitter’s Board of Directors has approved Elon Musk’s offer to purchase the social media firm and take it private in a transaction valued at about $44 billion, the company announced Monday. The company accepted the billionaire’s proposal of $54.20 per share. “Twitter has a purpose and relevance that impacts the entire world. Deeply proud of…


Tesla Shareholder Lawsuit Reveals Elon Musk’s Private Texts With Saudi Fund on Proposed Privatization

Text messages between Elon Musk and a representative of a Saudi Arabian investment firm have now surfaced as part of an ongoing shareholder lawsuit, shedding more light on the billionaire’s controversial 2018 tweet about taking the publicly traded company, Tesla Inc., private. “Am considering taking Tesla private at $420. Funding secured,” Musk said in the…