Tag: Twitter

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

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

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…


Elon Musk’s Big Move on Twitter

Commentary As you undoubtedly have heard, Elon Musk—ever the rebel—has offered to buy the whole of Twitter for more than $43 billion. He says that the offer is final. No negotiation. If it is rejected, he will likely sell his 10 percent stake. I’m personally excited about the prospect because so many of my friends have been canceled by…


Elon Musk Wants to Unlock Twitter’s Free Speech Potential

Elon Musk, now a 9.2 percent shareholder in Twitter, has offered to buy the company at above-market price in order to unlock Twitter’s free speech potential and make it the new town hall. However, he is being thwarted by a Saudi prince shareholder and a board that may wish to “poison pill” his efforts in…


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…


Lessons For Elon Musk: 5 Notorious Failed Hostile Takeovers

As any student of industry knows, Elon Musk is hardly the first person to attempt a hostile takeover. But while the Tesla chieftain’s $54.20 per share bid for Twitter continues to resonate, let’s pause to consider earlier attempts at hostile takeovers by well-respected and well-financed entities and individuals that—to ransack some Musk-worthy clichés—took off like a rocket…


Capitol Report (April 15): CIA: China is Russia’s Silent Partner

The Labor Department released the latest unemployment data Friday. The Biden administration praised the low unemployment rate and job growth as a sign that the economy is doing well, but is there more to the picture? Tensions escalate after a Russian warship sinks. U.S. officials say the Russian-Ukraine war could last through the end of…


GOP Lawmakers Praise Musk Offer to Take Over Twitter

Republican lawmakers on Capitol Hill praised tech billionaire Elon Musk after he made a bid on April 14 to purchase social media giant Twitter at $43 billion, a major premium per share over the company’s current trading price. Musk, who owns electric vehicle manufacturer Tesla Inc. and commercial space venture SpaceX, grounded his reasons for…