Page 146 - Elon Musk

Twitter CEO tells employees company not 'held hostage' by Elon Musk offer

Twitter Chief Executive Officer Parag Agrawal told staff that the board was continuing to review Musk's offer, but that he was limited in what he could share with the employees

Bid for Twitter: Elon Musk's Buffett-like playbook may not work

Investment bankers, investors and analysts said he needed a blowout bid and more details on his financing for this strategy to work

Elon Musk deals Twitter a wild card as shareholders seek reforms: Analysis

Even if he fails to buy Twitter, the Tesla CEO, who recently disclosed a 9.6% stake, is seen as likely to vote in ways that could shake up the company at its virtual May 25 meeting

Twitter adopts 'poison pill' to fight Elon Musk's takeover offer

Under the plan, the rights will become exercisable if anyone acquires ownership of 15% or more of Twitter's outstanding common stock in a transaction not approved by the Board

Explained: How Elon Musk made an open offer that Twitter can refuse

Twitter CEO Parag Agrawal has said he can't discuss the contours of the offer but the board is considering the deal

Elon Musk's 'free speech' Twitter risks scaring off advertisers

Musk lobbed his $43-bn takeover offer for Twitter with the intent of unlocking its potential to be the 'platform for free speech around the globe'

Musk spars with major Saudi investor over Twitter takeover offer

Tesla CEO Musk on Friday took a jab at Saudi Prince Alwaleed bin Talal, a major Twitter investor who rejected Musk's hostile offer to acquire 100 per cent of the micro-blogging platform for $43 bn

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"

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

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.

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.

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

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

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

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

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

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

Stocks are mixed at the open on Wall Street Thursday as investors again turn their attention to the drama surrounding Elon Musk and Twitter. Musk offered to buy the social media company for $54.20 a share, two weeks after revealing he'd accumulated a 9% stake. Twitter rose 2.2% to $46.87 in early trading. The S&P 500 rose less than 0.1% while the Nasdaq fell 0.4%. The Commerce Department said retail sales rose 0.5% in March, boosted by higher prices for gasoline, as consumers continue to spend despite high inflation. The price of oil fell more than 1%. The yield on the 10-year Treasury rose to 2.74% from 2.72%. World shares were mostly higher Thursday after China indicated its central bank will ease reserve requirements for lenders to counter the blow to its economy from pandemic shutdowns in big cities like Shanghai. London slipped while Paris, Frankfurt, Tokyo and Shanghai gained. U.S. futures were mixed and oil prices fell. Trading was relatively quiet with some Asian markets

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

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

Business Standard brings you top news of the evening

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.

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