Elon Musk has secured $7.1-billion in funding from a group of investors that includes Oracle co-founder Larry Ellison to fund his $44-billion takeover of Twitter.
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Meta Platforms is slowing the growth of its workforce as the Facebook parent looks to rein in costs, the company said.
If Elon Musk gets his wish, then even more of us will be paying attention to him and his companies.
Elon Musk said Twitter might charge a “slight” fee for commercial and government users, part of the billionaire entrepreneur’s push to grow revenue.
Facebook is pulling out of podcasts and plans to remove them altogether from the social media service starting 3 June.
Twitter, in one of its last earnings reports before Elon Musk takes the company private, reported revenue that missed analysts’ estimates.
It was one of the most frenzied and unpredictable takeover bids ever, with Elon Musk sealing a deal to acquire Twitter for $44-billion within weeks of anyone even knowing he was an investor.
Amazon.com founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44-billion takeover of Twitter.
Elon Musk clinched a deal to buy Twitter for $44-billion on Monday. Meanwhile, former US President Donald Trump said he will not return to the platform.
Twitter is poised to agree a sale to Elon Musk for $43-billion (R674-billion) in cash, the price the chief executive of Tesla has called his “best and final” offer.