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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.
The month of the acquisition, Twitter changed both its page for real-time searches and its search API to use Summize's product. [2] Wired said, "Summize is a natural fit for Twitter and should help the service be a little more approachable." [2] 2 November 24, 2008: Values of n Social software development
After Musk bought the platform in October 2022 — six months after initiating the acquisition, ... Then, just over 17 years after Twitter went public, ...
Early signs of interest. Musk first joined Twitter in June 2009 and has amassed over 115 million followers since then. Over the years, his tweets have created news headlines and even caused moves ...
Musk, the world's richest person, completed a deal to purchase Twitter, which he later renamed X, for $44 billion in October 2022. However, there is no evidence that Musk has agreed to acquire CNN ...
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.
Twitter acquired Crashlytics, a crash reporting tool for developers, on January 28, 2013, for over US$100 million, its largest acquisition at the time. [128] Twitter committed to continue supporting and expanding the service. [129] In October 2014, Twitter announced Fabric, a suite of mobile developer tools built around Crashlytics. [130]
Elon Musk's net worth has soared since onset of the pandemic. And even when he loses billions, he's still significantly wealthier than Jeff Bezos.