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Elon Musk turns up at Twitter HQ carrying a sink as takeover nears completion | Business News
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Elon Musk has been seen entering Twitter HQ carrying what appears to be a sink. Mr Musk tweeted a video showing himself walking into the building in San Francisco a day after reports that he could close his $44bn takeover of the site by the end of this week. The 51-year-old captioned the video: “Entering…
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Twitter moves to reassure staff as report claims Elon Musk wants 75% of workers axed | Business News
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Twitter has told its staff there are no plans for mass redundancies in the wake of a US press report that Elon Musk wants to make 75% of the workforce redundant when his $44bn (£38.4bn) takeover is completed. The company’s main lawyer sent an email to staff on Thursday evening clarifying its position, according to…
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Elon Musk’s Twitter deal – what’s going on, how did we get here and what happens next? | Science & Tech News
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Elon Musk’s prospective Twitter takeover has become a saga befitting of a football transfer window, with months of back-and-forth drama inevitably destined to form the basis of a tell-all book. Now finally, half a year since the world’s richest man offered to buy the social media company, Mr Musk appears close to going through with…
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Elon Musk being investigated by federal authorities, Twitter reveals in court filing | Science & Tech News
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Elon Musk is being investigated by federal authorities over his conduct in his $44bn (£39bn) takeover deal of Twitter, the social media company has said in a court filing. The world’s richest man recently announced he would go ahead with purchasing the platform for the huge sum, following months of legal battles. Twitter, which sued…
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Elon Musk’s Twitter deal back on – and he says it’s the path to creating ‘everything app X’ | Business News
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Elon Musk is planning to buy Twitter for his original offer price – and he’s hinted at his plans for social media. The world’s richest man is proposing to go ahead with purchasing the platform for $54.20 per share, a total value of $44bn (£38.4bn), following months of legal battles. After news of the deal’s…
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Trading in Twitter shares halted as Elon Musk ‘plans to buy social media company for original offer price’ | Business News
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Trading in Twitter shares was halted as the stock spiked following reports that Elon Musk is planning to buy the company for his original offer price. The world’s richest man is proposing to go ahead with purchasing the social media giant for $54.20 per share, a total purchase value of $44bn following months of legal…
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Elon Musk debuts Tesla’s first humanoid robot with eye on mass market | Business News
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Elon Musk has unveiled a prototype of Tesla’s humanoid robot Optimus, which the electric car maker aims to mass produce in the millions and sell for under £18,000. The billionaire tycoon said he expected the company would be ready to take orders in three to five years. Musk said the venture could outstrip that of…
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Elon Musk subpoenas former Twitter chief executive Jack Dorsey as he tries not to purchase company | US News
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Elon Musk has subpoenaed his friend and former Twitter chief executive Jack Dorsey as he tries to back out of his $44bn (£37bn) deal to buy the social media company, according to a court document. The Tesla chief – the richest man in the world – announced his plan to buy Twitter in April, but…
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Elon Musk writes column for Chinese Communist Party online censor agency’s magazine | Science & Tech News
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Elon Musk, who has described himself as a “free speech absolutist”, has written a magazine column for China’s online censors. In the column, Musk celebrates his own businesses – in particular SpaceX, Tesla and Neuralink – while setting what he says is “a better future for humanity”. It does not mention his conflict with Twitter,…
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Elon Musk sells $6.9bn in Tesla shares as battle with Twitter continues | Business News
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Elon Musk has sold $6.9bn (£5.7bn) of shares in his electric vehicle maker Tesla as his battle against Twitter continues. Mr Musk sold about 7.92 million shares between 5 August and 9 August, according to multiple filings, meaning he now owns 155.04 million shares in the company. In April, the world’s richest man announced a…