Twitter removes more than a million spam accounts each day, executives said, as billionaire Elon Musk demanded more details from the social media company.
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Elon Musk said there are still a few unresolved matters with his Twitter deal, including the number of spam users on the platform.
Elon Musk’s efforts to arrange new financing that will limit his cash contribution to his $44-billion acquisition of Twitter have been put on hold, sources said.
Billionaire Elon Musk has been sued by Twitter investors claiming he manipulated the company’s stock price downward.
Broadcom has agreed to buy cloud computing company VMware for about$61-billion in one of the largest technology deals of all time.
Elon Musk has pledged an additional $6.25-billion in equity financing to fund the Twitter deal, reducing his margin loan against his Tesla shares to zero.
Until recently, Tesla was considered the ultimate growth stock, rising 50% last year and closing at $1 145 on 4 April. No longer.
Tesla CEO Elon Musk said “Tesla is on my mind 24/7”, trying to soothe investor worries about him being distracted by his Twitter deal.
Elon Musk spent Wednesday on Twitter announcing his political switch from Democrat to Republican and trashing ESG.
In public, Elon Musk’s erratic tweets have sent Twitter’s shares flailing. Behind the scenes, it’s more like business as usual.