Twitter loses 3 other top executives as Elon Musk approaches control

Twitter’s executive ranks continued to plummet on Tuesday after three top managers resigned as the company plunged into turmoil over Elon Musk’s looming $44 billion takeover. Elijah Brown, Vice President of Product Management; Katrina Lin, Twitter’s vice president of service, and Max Schmeeser, head of data science, have both tendered their resignations, according to Bloomberg … Read more

Elon Musk says he will rescind Trump’s Twitter ban

Musk’s comments at the Financial Times’ Future of the Car conference represented his first public admission of what had been widely expected since the billionaire announced plans to buy the social media giant for $44 billion. Musk has previously said he believes Twitter should be more “reluctant to delete things” and “very careful with permanent … Read more

Elon Musk has an original way to rock Warren Buffett’s Throne

Elon Musk is the new Oracle. Accompanied by the deference of both Wall Street and Main Street, this nickname was previously attributed to legendary investor Warren Buffett, 91, who has been dubbed the Oracle of Omaha. Buffett has inspired such respect, admiration and dedication that his Berkshire Hathaway group’s contributors have met (BRK.A) – Get … Read more

Iron Man Elon Musk places his bets on a Tesla battery

(Reuters) – While Tesla’s earnings and prices made headlines last week, a potential pivotal development in the global auto industry largely remained undisclosed. The leading US electric company revealed that nearly half of the vehicles it produced in the first quarter were powered by lithium iron phosphate (LFP) batteries — a cheaper competitor to the … Read more

Jack Dorsey Follows Elon Musk In Dropping The CEO Title (For Something Ridiculous)

Inflation may burn the charts. Twitter (TWTR) – Get a Twitter, Inc. report. Fate may be hanging in the balance. Perhaps the world was heading towards an unimaginable confrontation between East and West. But for outstanding CEOs at the top of noteworthy companies, the important thing is to get the right job title. The description … Read more

Elon Musk tweeted that he confronted Bill Gates about short selling Tesla

Tesla CEO Elon Musk said he confronted fellow billionaire Bill Gates about whether or not he was selling Tesla stock. Musk appears here at the grand opening ceremony of Tesla Giga Texas maker “Cyber ​​Rodeo” on April 7, 2022. Susan Cordero | AFP | Getty Images Microsoft co-founder Elon Musk accused Bill Gates of selling … Read more

Elon Musk: The Twitter board has put in place a defense mechanism against the takeover attempt. Here’s what he can do next

Twitter’s board said Friday it was implementing a shareholder equity plan, known as the “poison pill,” that would make it difficult for Musk (or any other potential buyer) to take over the company without board approval. The plan came a day after Musk made an offer to acquire all of the shares in Twitter (TWTR) … Read more

Elon Musk’s ‘secured for finance’ tweets rule new court filing false

Elon Musk Christian Boxy | Bloomberg | Getty Images In a lawsuit late Friday, shareholders suing Tesla and CEO Elon Musk over alleged securities fraud said they won part of a crucial ruling in a class action lawsuit. Shareholders are suing Tesla over money they lost after Musk tweeted in 2018 that he was considering … Read more

Twitter contributor: Elon Musk just pulled us in and stole millions

Twitter Contributor Mark Bean Rasella suede Elon Musk On Tuesday, accusing the billionaire of failing to disclose his Twitter stake within the timeframe required by the US Securities and Exchange Commission (SEC). The move allegedly helped Musk save nearly $143 million in subsequent stock purchases, according to the lawsuit. Rasella, who aims to represent all … Read more