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e. 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.
The Securities and Exchange Commission has asked a federal judge to sanction Elon Musk if he continues to violate the court’s order to appear for a deposition in a probe of his 2022 Twitter ...
X, formerly and colloquially known as Twitter, is an online social networking and microblogging service that enables users to send and read "posts" (formerly "tweets"), which are text messages limited to 280 characters. Registered users can read and post tweets but unregistered users can only read them. Users access X through the website ...
Musk terminated Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde, according to people familiar with the matter. Agrawal and ...
History of Twitter. The history of the social media site Twitter began in 2006 as Jack Dorsey 's, then at Odeo, idea. It was spun off in 2007 after which expanded rapidly and became a significant component of global society. Twitter became a key part of politics and international relations but was also banned or blocked in some countries.
Here's a look at all five -- plus one we came up with ourselves -- to see what a Twitter acquisition could do for them. Twitter has been struggling lately. It's been battling flat user growth ...
The acquisition was officially completed on October 27. [225] Immediately after the acquisition, Musk fired several top Twitter executives including CEO Parag Agrawal; [225] [226] Musk became the CEO instead. [227] He instituted a $7.99 monthly subscription for a "blue check", [228] [229] [230] and laid off a significant portion of the company ...