Elon Musk puts $44billion Twitter acquisition deal on hold over fake account data

Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts. Twitter shares initially fell more than 20% in premarket trading, but after Musk, the chief executive of electric car market… Read More Elon Musk puts $44billion Twitter acquisition deal on hold over fake account data

Billionaire entrepreneur Elon Musk acquires Twitter in $44billion cash deal

Elon Musk clinched a deal to buy Twitter Inc. for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world’s richest person. It is a seminal moment for the 16-year-old company, which emerged as one of the… Read More Billionaire entrepreneur Elon Musk acquires Twitter in $44billion cash deal

Billionaire entrepreneur Elon Musk makes $43billion cash offer for takeover of Twitter

Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech. “I think it’s very important for there to be an inclusive arena for free… Read More Billionaire entrepreneur Elon Musk makes $43billion cash offer for takeover of Twitter