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The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.
Elon Musk revealed in a Securities and Exchange Commission (SEC) filing on May 4 that he has secured $7.14 billion in funding for his $44 billion Twitter acquisition. The named group of investors...
STORY: ''Why are you messing with Twitter, bro?’’''Giving people more freedom of speech’’"Maybe bringing my man Trump back to Twitter. I think that would be nice.’’Tesla and SpaceX CEO ...
Tesla CEO Elon Musk's $44 billion purchase of Twitter has been followed by a series of chaotic events for the social media platform, including the workforce being slashed by 80% and the ...
Twitter has announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk -- the richest man on the planet -- for $54.20 per share in cash in a $44...
TweetDeck was a software company founded by Ian Dodsworth in 2007 that made it easier for users to control their Twitter accounts. [30] [31] The company was based in London's Old Street. [31] TweetDeck allows users to arrange their Twitter web feed based on chosen categories. [30] [32] TweetDeck would group the messages in columns on the page. [32]
Elon Musk’s purchase of Twitter could go down as the worst leveraged buyout (LBO) deal for banks since the 2008 global financial crisis in the latest worrying sign the deal is proving costly to ...