NEW YORK, May 14 Elon Musk tweeted yesterday that his US$44-billion (RM193.5 billion) cash deal for Twitter Inc TWTR.N was “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts. Twitter shares initially fell more than 20 per.
NEW YORK, April 16 Twitter Inc adopted a ‘poison pill’ yesterday to limit Elon Musk’s ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his US$43 billion (RM182.1 billion) bid for the company. Thoma Bravo, a technology-focused private equity.
NEW YORK, April 13 Elon Musk was sued yesterday by former Twitter Inc shareholders who claim they missed out on the recent run-up in its stock price because he waited too long to disclose a 9.2 per cent stake in the social media company. In a proposed class action filed in Manhattan federal.
SAN FRANCISCO, April 11 Elon Musk, Twitter Inc’s biggest shareholder, has decided not to join the social media company’s board, Chief Executive Parag Agrawal said in a tweet yesterday. Musk, who disclosed a 9.2 per cent stake in Twitter just a few days ago, was offered a board seat and his.