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The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...
Musk posted a letter sent from his attorney Alex Spiro to Gensler in which he said that the agency demanded that Musk agree within 48 hours to pay a fine related to his failure to disclose his ...
NEW YORK/WASHINGTON (Reuters) - Last month, in the waning days of the Biden administration, the SEC set a tight deadline of several days for demanding that Elon Musk pay a settlement or face civil ...
Musk recognizes that the various countries in which X operates have different laws with respect to freedom of speech. On 26 April 2022, Musk tweeted "By 'free speech,' I simply mean that which matches the law." [2] In June 2023, he said that "X doesn't have a choice but to obey local governments. If we don't obey local government law, then we ...
On May 10, 2022, Musk called Twitter's decision to ban Trump "morally wrong", and said that he will reverse Trump's ban when he buys Twitter. [100] On November 19, 2022, following a Twitter poll which resulted in 51.8% of over 15 million votes in favor of reversing the ban, he unbanned Trump. [101]
On May 13, Musk revealed that he had placed the deal "on hold" in the wake of reports that 5 percent of Twitter's daily active users were spam accounts, [69] causing Twitter shares to drop more than 10 percent. [70] Musk clarified that he remained committed to the acquisition, [71] and Agrawal stated he expected the deal to close. [72]
Musk, in renaming Twitter “X,” is a step closer to realizing his long-held vision of creating an “everything app” for communication and commerce. (I reached out to Calacanis and Spiro for ...
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.