Elon Musk can’t just walk away from Twitter deal by paying $1 billion

Elon Musk can't just walk away from Twitter deal by paying $1 billion

Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk can’t just walk away from his deal to acquire Twitter by paying an agreed-upon $1 billion breakup fee. It’s not that simple. Musk tweeted Friday that he has decided to put his acquisition of Twitter “on hold” as … Read more

Elon Musk says Trump SHOULDN’T run for president in 2024 but will get his Twitter back

Elon Musk believes Trump shouldn't run for a second term in 2024, even as he promises to restore the former president's Twitter account

Elon Musk says Donald Trump should skip the 2024 election even as he vows to restore the former president’s Twitter account. The Tesla CEO shared his views on US politics in a series of tweets Thursday evening. He said Trump shouldn’t run for office because a ‘less divisive candidate would be better in 2024,’ before … Read more

Twitter CEO Parag Agrawal Fires 2 Top Executives, Freezes Hiring Ahead Of Elon Musk Takeover

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Twitter also confirmed that it is pausing all hiring except for business-critical roles. San Francisco: Twitter confirmed Thursday that two senior executives are heading for the exit and it has paused most hiring, as Elon Musk stands poised to become the global messaging platform’s new owner. Kayvon Beykpour, a general manager who leads research, design … Read more

Start-up investor Jason Calacanis raising millions for Twitter stake

Start-up investor Jason Calacanis raising millions for Twitter stake

Jason Calacanis Adam Jeffery | CNBC Angel investor Jason Calacanis, an early backer of Uber and Robinhood, is seeking to raise tens of millions of dollars for a stake in Twitter as part of Elon Musk’s $44 billion agreement to buy the social media company. “We are now collecting interest to invest in Twitter with … Read more

Elon Musk Faces SEC Probe Over Twitter Stock Buys: Report

Elon Musk Faces SEC Probe Over Twitter Stock Buys: Report

The Securities and Exchange Commission is investigating Elon Musk’s failure to disclose his massive March Twitter share purchase in a timely fashion, according to a report by the Wall Street Journal. The richest man in the universe took too long to file the required public form while in the process of buying up 9.2% of … Read more

Musk says he would reverse Twitter’s ban of Donald Trump

Musk says he would reverse Twitter's ban of Donald Trump

LONDON (AP) — Elon Musk said he will reverse Twitter’s permanent ban of former President Donald Trump should the Tesla CEO conclude his deal to acquire the social media company for $44 billion. Musk, speaking virtually at a Future of the Car summit hosted by the Financial Times, said Twitter’s Trump ban was a “morally … Read more

Mercedes Says It Can’t Make EVs Fast Enough

Mercedes Says It Can't Make EVs Fast Enough

Photo: mercedes Mercedes isn’t having trouble selling electric cars, Tesla has a new recall, and Lucid is going to Europe. All that and more in The Morning Shift for May 10, 2022. 1st Gear: Mercedes’ EV Business Is Strong I’m not really sure what to make of this, other than virtually any new car today … Read more

5 things to know before the stock market opens Tuesday, May 10

5 things to know before the stock market opens Tuesday, May 10

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to rise after S&P 500 hits lowest level in over a year Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2022. Brendan McDermid | … Read more

Elon Musk Fears for His Life After Russian Threats

Elon Musk Fears for His Life After Russian Threats

You’re here (TSLA) – Get Tesla Inc Report CEO Elon Musk has never been afraid to confront his opponents publicly. From his Silicon Valley peers like recently Bill Gates, the co-founder of software giant Microsoft (MSFT) – Get Microsoft Corporation Report, to President Joe Biden, the richest man in the world fears no one. It’s … Read more