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Page 142 - Latest Updates on Elon Musk

Twitter will follow 'rigorous' process on Musk offer: Parag Agrawal

After Elon Musk made a hostile bid to acquire Twitter for nearly $43 billion, CEO Parag Agrawal has tried to convince employees that the micro-blogging platform would follow a "rigorous process"

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Updated On : 15 Apr 2022 | 11:18 AM IST

Twitter's algorithm should be open source, says Elon Musk

In his first public, non-tweeted comments since the saga began, Musk addressed why he wants to buy the company, and the changes he would want to bring about: Report

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Updated On : 15 Apr 2022 | 10:59 AM IST

The Twitter investors Elon Musk hopes to keep may not want to stay

Musk, in the time since the initial proposal, made his first public comments Thursday about the big deal expressing doubt if the bid will ultimately go through.

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Updated On : 15 Apr 2022 | 7:34 AM IST

Twitter is weighing a poison pill defense to thwart Musk's takeover bid

A poison pill defense strategy allows existing shareholders the right to purchase additional shares at a discount, effectively diluting the ownership interest of the hostile party.

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Updated On : 15 Apr 2022 | 7:31 AM IST

Elon Musk needs 'massive loan' or big Tesla stock sale to buy Twitter

The purchase isn't straightforward, but Musk has several financing paths.

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Updated On : 15 Apr 2022 | 7:29 AM IST

Elon Musk wants to buy out Twitter in $43-billion unsolicited bid

Offer price of $54.20 per share is 38% premium to Twitter's Apr 1 close, the last trading day before his stake in the platform was made public

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Updated On : 15 Apr 2022 | 12:51 AM IST

Twitter board to evaluate 'unsolicited, non-binding' Musk's $43-bn offer

Saudi Arabia's Prince Alwaleed bin Talal rejected Elon Musk's bid, saying the deal doesn't 'come close to the intrinsic value' of the popular social media platform

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Updated On : 15 Apr 2022 | 12:01 AM IST

Nasdaq, S&P 500 fall as growth shares lose steam, mixed Q1 results by banks

Twitter rises on Elon Musk's $41-bn buyout offer'; Morgan Stanley, Citi rise after results; Wells Fargo slips after quarterly profit drops

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Updated On : 14 Apr 2022 | 9:44 PM IST

Wall Street mixed at open as investors eye Musk, Twitter drama

Musk offered to buy the social media company for $54.20 a share, two weeks after revealing he'd accumulated a 9% stake

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Updated On : 14 Apr 2022 | 8:23 PM IST

Elon Musk launches $43-bn hostile takeover of Twitter

Musk's offer price of $54.20 per share represents a 38% premium to Twitter's April 1 close, the last trading day before the Tesla CEO's more than 9% stake in the company was made public

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Updated On : 14 Apr 2022 | 6:03 PM IST

Top headlines: Musk launches hostile takeover of Twitter; M&M raises prices

Business Standard brings you top news of the evening

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Updated On : 14 Apr 2022 | 5:18 PM IST

Tesla CEO Elon Musk sued by Twitter investor over hiding his stake

A Twitter investor has sued Tesla and SpaceX CEO Elon Musk for failing to disclose his stake in the micro-blogging platform as sought by the US laws.

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Updated On : 14 Apr 2022 | 3:04 AM IST

Tesla CEO Elon Musk accused of breaking law while buying Twitter stock

Elon Musk's huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colourful billionaire illegally delayed disclosing his stake in the social media company

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Updated On : 13 Apr 2022 | 6:16 AM IST

Elon Musk dodges limits in Twitter board seat refusal, say experts

Musk's deal to join the board included an agreement to keep his share in the company under 15 percent

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Updated On : 12 Apr 2022 | 11:15 PM IST

Musk may remain engaged in Twitter strategy 'without limitation'

Tech billionaire Elon Musk would not be joining Twitter's Board of Directors but he may still engage with the social media company's management on a variety of discussions

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Updated On : 12 Apr 2022 | 10:07 AM IST

Elon Musk drops plans to join Twitter board, deletes weekend tweets

Sources told Reuters that Musk had asked Twitter for a board seat even before the company's invitation

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Updated On : 11 Apr 2022 | 11:27 PM IST

Bezos agrees with Musk to convert Twitter HQ into homeless shelter

Amazon founder Jeff Bezos on Monday agreed with Tesla and SpaceX CEO Elon Musk to convert Twitter's San Francisco headquarters in the US into a homeless shelter.

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Updated On : 11 Apr 2022 | 9:54 AM IST

Elon Musk not joining Twitter board; CEO Parag Agrawal reveals why

Elon Musk, CEO of Tesla and now the largest shareholder in the micro-blogging site Twitter, has decided not to join the Twitter board. He owns a 9.2% stake, worth nearly $3 billion, in Twitter Inc

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Updated On : 11 Apr 2022 | 9:20 AM IST

Musk polls followers on converting Twitter HQ to homeless shelter

Amazon.com Inc founder Jeff Bezos backed the idea

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Updated On : 11 Apr 2022 | 7:47 AM IST

Musk proposes Twitter Blue subscription shake-up days after revealing stake

Twitter Blue, launched in June 2021, is Twitter's first subscription service

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Updated On : 10 Apr 2022 | 11:24 PM IST