The costs and expenses were disclosed by Twitter in its 10-Q filing to the SEC. Twitter sets date for shareholders to vote on the Elon Musk acquisition. Twitter reported expenses of $33.1 million for the second quarter due to the merger, which is battling with Elon Musk, after he declared
The social media firm now has 237 million daily users. Elon Musk offered to buy Twitter for $44 billion in cash, or $54.20 a share. Elon Musk’s pending purchase of Twitter and a fall in advertising revenue were blamed for the social media company’s second-quarter loss of $270 million. According
In 2018, a sexual harassment case was filed against Tesla’s CEO. A lawsuit against Musk for promoting Dogecoin is in proceedings. Twitter reportedly wants to take legal action against Tesla and SpaceX CEO Elon Musk over the decision of terminating the 44 billion dollar deal. And appoints the New York
The twitter $44 billion deal has been terminated by the Musk Party. The reason stated is the breach in certain sections as per the merger agreement. Elon Musk officially sent a notice stating his termination from the Twitter deal to the chief legal officer of Twitter on July 8. This
The board of directors recommends that all shareholders vote in favor of the agreement. Elon’s offer of $54.20 is a significant premium above the current market price. The Securities and Exchange Commission (SEC) has received a proxy statement from Twitter, requesting that shareholders approve Elon Musk’s $44 billion bid. Shareholders
Twitter board accepts Elon Musk’s $44 Billion deal. Elon Musk owns the majority of Twitter shares. Each share of Twitter to possess a profit of $15.22. Elon Musk’s bid to acquire the top most social media, Twitter has finally been fulfilled. Yes, unofficial sources confirm that the board of members
Elon Musk feels Twitter has violated the merger agreement by delaying user information. According to Twitter CEO Parag Agrawal, there are less than 5% of fake accounts. Accusing Twitter Inc. of refusing to provide him with details regarding its spam bot accounts, Elon Musk has threatened to terminate his $44
There are no longer any SHIB blogs on Medium as well. The Tibetan poet and yogi Jetsun Milarepa is now Ryoshi’s profile image. In an apparent attempt to clean up his Twitter feed, the creator of Shiba Inu, Ryoshi, has erased all of his prior posts. ‘All Hail the Shiba’
Elon Musk states the issue should be viewed with a political lens. Tesla accepts Doge coin as one of the payment options. Tesla stock has lost a third of its value since Elon Musk, the SpaceX founder and CEO of Tesla revealed his interest in Twitter in early April and
Global crypto market declined by 10.69% in trading volume in the last 24h. Twitter is the greatest influencer of Crypto projects in Defi. The microblogging site, Twitter, serves as the biggest crypto launchpad. A single tweet from any crypto savvy has the potential to intervene in the market trends. Let’s
