Twitter’s board fending off Elon Musk’s offer to take over the company. It adopted a new plan to make it more expensive for Musk to do that. President Biden announcing a new pick for top banking regulator. Who is he and what obstacles could he face in the Senate? Some Chinese carriers are shipping goods…
Twitter Takes ‘Poison Pill’ to Counter Musk; Chinese Shippers Hurting U.S. Exporters | NTD Business
Twitter Takes ‘Poison Pill’ to Counter Musk; Chinese Shippers Hurting US Exporters | NTD Business
Twitter’s board is fending off Elon Musk’s offer to take over the company. It adopted a new plan to make it more expensive for Musk to do that. President Joe Biden announced a new pick for top banking regulator. Who is he, and what obstacles could he face in the Senate? Some Chinese carriers are…
What Is a Poison Pill and Why Is Twitter Taking It?
Twitter announced on Friday that its board of directors has unanimously adopted a “poison pill” defense to prevent Elon Musk from acquiring the company. If any business, person, or group acquires 15 percent or more of Twitter’s outstanding stock through a transaction not allowed by the board, according to the announcement, other stockholders will be…
Twitter’s Hostile Makeover
When you storm out of a store in disgust at exorbitant prices or shabby service, and vow not to give the establishment your patronage ever again, does that mean you hate capitalism? Far from it—any more than when you storm out of the DMV for the same reasons; the difference, of course, being that in…
Twitter Board Approves ‘Poison Pill’ After Musk’s $43 Billion Offer to Buy Company
Twitter’s board of directors has approved a provision aimed at preventing a hostile takeover that’s known in the financial world as a “poison pill,” the company announced on April 15. The board unanimously chose to adopt the “limited duration shareholder rights plan” after an “unsolicited, non-binding proposal to acquire Twitter,” the company said. Elon Musk,…
Elon Musk Says Censorship on Twitter Poses ‘Civilizational Risk’
April 15, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomycensorshipCompaniesElon MuskFeatured TopicsMedia & Big TechSocial MediaTechTech NewsTwitterUSUS News
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Billionaire tech mogul Elon Musk said Thursday the reason he’s trying to buy Twitter is not to make money but to turn it into a bastion of free speech and reduce the “civilizational risk” to freedom and democracy from excessive and opaque restrictions on expression. Speaking at a TED event in Vancouver, Canada, on April 14,…
Trump Says He Probably Won’t Tweet Again Even If Musk Buys Twitter and Reinstates His Account
April 15, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesDonald TrumpElon MuskFeatured TopicsMedia & Big TechSocial MediaTechTwitterUSUS News
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Former president Donald Trump said Thursday he likely wouldn’t return to Twitter if Elon Musk bought the platform and reinstated his account. Trump made the remarks in an interview with Sirius XM’s “Americano Media” hours after Musk made an offer to buy Twitter for around $43 billion in cash, with the Tesla CEO saying he…
Twitter Reportedly Mulls ‘Poison Pill’ Tactic to Foil Musk Takeover Bid
April 15, 2022
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Business & EconomyCompanieseconomyElon MuskInvestmentMarketsMedia & Big TechPoison pillSocial MediaTechTwitterUSUS News
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Twitter is reportedly considering a so-called “poison pill” tactic to thwart Elon Musk’s effort to buy out the social media platform, sources say. Cameron Winklevoss, founder of the Gemini cryptocurrency exchange, said in a tweet that “Twitter is considering a poison pill to thwart @elonmusk’s offer,” while two anonymous sources told The New York Times…
Musk Responds to Reports Twitter Mulling ‘Poison Pill’ Tactic to Foil His Takeover Bid
April 15, 2022
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Business & EconomyCompanieseconomyElon MuskInvestmentMarketsMedia & Big TechPoison pillSocial MediaTechTwitterUSUS News
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Twitter is reportedly considering a so-called “poison pill” tactic to thwart Elon Musk’s effort to buy out the social media platform, prompting a critical response from the Tesla chief. Cameron Winklevoss, founder of the Gemini cryptocurrency exchange, said in a tweet that “Twitter is considering a poison pill to thwart @elonmusk’s offer,” while two anonymous…
Elon Musk Hints Says He Has a ‘Plan B’ If Twitter Takeover Bid Unsuccessful
Tesla CEO Elon Musk has hinted at a backup plan if his bid to take over Twitter fails. Speaking at a TED event in Vancouver on Thursday, the billionaire entrepreneur said: “I am not sure that I will actually be able to acquire it.” While Musk has said his $54.20-per-share offer is his “best and final” one,…
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