Elon Musk put his $44-billion deal for Twitter “temporarily on hold” on Friday while he awaits data on the proportion of its fake accounts, sending the shares in the social media platform plunging.
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Billionaire Elon Musk said he will reverse Twitter’s ban on former U.S President Donald Trump when he buys the social media platform.
Videos of people being dragged from their homes by health workers in hazmat suits coursed through Chinese social media on Sunday before being pulled down.
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.
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.