THE GUARDIAN: World’s richest man had reached a deal to purchase shares of the social media app for $54.20 apiece on 25 April
Elon Musk has withdrawn his $44bn bid to buy Twitter after a dramatic few weeks in the company’s corporate history.
“Mr Musk is terminating the merger agreement because Twitter is in material breach of multiple provisions of that agreement, appears to have made false and misleading representations upon which Mr Musk relied when entering into the Merger Agreement, and is likely to suffer a Company Material Adverse Effect,” wrote lawyers for Musk to Twitter.
The Tesla CEO and richest man on earth had reached a deal to buy Twitter on 25 April, with Musk offering to purchase all of the company’s shares for $54.20 each.
The deal came after weeks of speculation over the company’s future following a 4 April revelation that Musk had become the social media platform’s largest single shareholder. » | Kari Paul in San Francisco | Friday, July 8, 2022
Elon Musk renonce au rachat de Twitter : Les avocats du milliardaire assurent que le réseau social n’a pas respecté ses engagements pris dans l’accord, en ne donnant pas toutes les informations demandées sur le nombre de faux comptes et de spams. »
Elon Musk lässt Vereinbarung zum Kauf von Twitter platzen: Der Tesla-Chef will die Onlineplattform jetzt offiziell nicht mehr kaufen. Aber ein Rückzieher wird wohl nicht so leicht, und Twitter will vor Gericht ziehen. »
Elon Musk Moves to End $44 Billion Deal to Buy Twitter: In a regulatory filing on Friday, Mr. Musk said Twitter was in “material breach” of the acquisition agreement. »
Showing posts with label Twitter. Show all posts
Showing posts with label Twitter. Show all posts
Friday, July 08, 2022
Monday, June 06, 2022
Elon Musk Threatens to Abandon $44billion Twitter Deal …
MAIL ONLINE: Elon Musk has threatened to pull out of his deal to purchase Twitter as he accuses the social media giant of 'resisting and thwarting' his right to information about spam and fake accounts on the platform.
Musk alleged Twitter withholding the requested data was a 'clear material breach' of the terms of their merger agreement.
'Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement,' his attorney wrote in an SEC filing on Monday. » | Natasha Anderson for DailyMail.com | Monday, June 6, 2022
Musk alleged Twitter withholding the requested data was a 'clear material breach' of the terms of their merger agreement.
'Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement,' his attorney wrote in an SEC filing on Monday. » | Natasha Anderson for DailyMail.com | Monday, June 6, 2022
Friday, May 13, 2022
Elon Musk Tweets That His Twitter Deal Is On Hold
Elon Musk annonce la suspension du rachat de Twitter, dans l’attente de détails sur la proportion de faux comptes : Le réseau social et le milliardaire avaient trouvé un accord le 25 avril. L’annonce d’Elon Musk a fait perdre à l’action du groupe environ 11 % dans les échanges électroniques précédant l’ouverture de Wall Street. »
Twitter takeover temporarily on hold, says Elon Musk: Tesla owner says $44bn deal has been paused until he gets more information about fake accounts »
Tuesday, May 10, 2022
Donald Trump: Der frühere Präsident soll wieder twittern dürfen, sagt Elon Musk
NEUE ZÜRCHER ZEITUNG: Trotz seiner Niederlage im Kampf um eine zweite Amtszeit ist Donald Trumps Einfluss auf die amerikanische Politik immer noch enorm. Wie gross ist seine Chance auf ein Comeback? Und welche Gefahr droht ihm durch die Ermittlungen der Justiz? Ein Überblick.
Donald Trump, damals in seinen letzten Wochen als amerikanischer Präsident, am Ende seiner Rede am 6. Januar 2021. Kurz darauf stürmten seine Anhänger das Capitol. | Jim Bourg / Reuters
Elon Musk will Trump wieder auf Twitter zulassen: Bei einer Podiumsdiskussion der «Financial Times» sagte Elon Musk am Dienstag (10.5.), dass die Entscheidung, das Twitter-Konto des früheren Präsidenten zu sperren, «moralisch falsch und schlichtweg dumm» gewesen sei. «Ich würde die Sperrung aufheben - aber mir gehört Twitter noch nicht», sagte Musk. Er begründete die Sicht damit, dass Trumps Sperrung grosse Teile der Bevölkerung vor den Kopf gestossen habe. Die Kontosperrung würde Trumps Stimme nicht verstummen lassen, sondern «sie unter der politischen Rechten sogar noch verstärken». Die neusten Entwicklungen » | Meret Baumann, Andreas Rüesch, Marie-Astrid Langer, San Francisco | Samstag, 7. Mai 2022
Musk plant Trumps Twitter-Verbannung aufzuheben: Dass Trump von der Plattform ausgeschlossen wurde, sei für Musk „moralisch falsch und schlicht dumm“ gewesen. Sollte der Milliardär die Plattform übernehmen, steht dem Ex-Präsidenten die Tür offen. »
Elon Musk pledges to overturn Twitter’s ban on Donald Trump: Tesla boss says decision in January last year was ‘morally bad and foolish in the extreme’ »
Elon Musk will Trump wieder auf Twitter zulassen: Bei einer Podiumsdiskussion der «Financial Times» sagte Elon Musk am Dienstag (10.5.), dass die Entscheidung, das Twitter-Konto des früheren Präsidenten zu sperren, «moralisch falsch und schlichtweg dumm» gewesen sei. «Ich würde die Sperrung aufheben - aber mir gehört Twitter noch nicht», sagte Musk. Er begründete die Sicht damit, dass Trumps Sperrung grosse Teile der Bevölkerung vor den Kopf gestossen habe. Die Kontosperrung würde Trumps Stimme nicht verstummen lassen, sondern «sie unter der politischen Rechten sogar noch verstärken». Die neusten Entwicklungen » | Meret Baumann, Andreas Rüesch, Marie-Astrid Langer, San Francisco | Samstag, 7. Mai 2022
Musk plant Trumps Twitter-Verbannung aufzuheben: Dass Trump von der Plattform ausgeschlossen wurde, sei für Musk „moralisch falsch und schlicht dumm“ gewesen. Sollte der Milliardär die Plattform übernehmen, steht dem Ex-Präsidenten die Tür offen. »
Elon Musk pledges to overturn Twitter’s ban on Donald Trump: Tesla boss says decision in January last year was ‘morally bad and foolish in the extreme’ »
Saturday, May 07, 2022
Florida Pension Fund Sues Elon Musk and Twitter to Stop Buyout
THE GUARDIAN: The class-action lawsuit argues that the deal cannot close before 2025
Florida’s state pension fund invests in Twitter and stands to gain $15m to $20m from the buyout. Photograph: Dado Ruvić/Reuters
Elon Musk and Twitter were sued on Friday by a Florida pension fund seeking to stop Musk from completing his $44bn takeover of the social media company before 2025.
In a proposed class-action lawsuit filed in Delaware chancery court, the Orlando police pension fund said Delaware law forbade a quick merger because Musk had agreements with other big Twitter shareholders, including his financial adviser Morgan Stanley and Twitter founder Jack Dorsey, to support the buyout.
The fund said those agreements made Musk, who owns 9.2% of Twitter, the effective “owner” of more than 15% of the company’s shares. It said that required delaying the merger by three years unless two-thirds of shares not “owned” by him granted approval.
Morgan Stanley owns about 8.8% of Twitter shares and Dorsey owns 2.4%.
Musk hopes to complete his $54.20 a share Twitter takeover this year, in one of the world’s largest leveraged buyouts. » | Guardian staff and agencies | Friday, May 6, 2022
Elon Musk and Twitter were sued on Friday by a Florida pension fund seeking to stop Musk from completing his $44bn takeover of the social media company before 2025.
In a proposed class-action lawsuit filed in Delaware chancery court, the Orlando police pension fund said Delaware law forbade a quick merger because Musk had agreements with other big Twitter shareholders, including his financial adviser Morgan Stanley and Twitter founder Jack Dorsey, to support the buyout.
The fund said those agreements made Musk, who owns 9.2% of Twitter, the effective “owner” of more than 15% of the company’s shares. It said that required delaying the merger by three years unless two-thirds of shares not “owned” by him granted approval.
Morgan Stanley owns about 8.8% of Twitter shares and Dorsey owns 2.4%.
Musk hopes to complete his $54.20 a share Twitter takeover this year, in one of the world’s largest leveraged buyouts. » | Guardian staff and agencies | Friday, May 6, 2022
Saturday, April 30, 2022
Der Twitter-Kauf ist eine Katastrophe
FRANKFURTER ALLGEMEINE ZEITUNG: Eine Plattform wie Twitter zu betreiben, erfordert ein hohes Maß an Verantwortungsbewusstsein. Warum sollte gerade Elon Musk derjenige sein, der das mitbringt? Ein Gastbeitrag.
Elon Musk, durch ein Vermögen mit einem Buchwert von 219 Milliarden US-Dollar reichster Mensch der Welt, kauft den Kurznachrichtendienst Twitter für 44 Milliarden US-Dollar. Das könnte eine harmlose Nachricht im Wirtschaftsteil sein, ist es aber aufgrund der gesellschaftlichen und politischen Bedeutung Twitters nicht. Zwar ist Facebook das größere soziale Netzwerk, aber Twitter ist jenes, auf dem Prominente, Politiker und Journalisten direkt miteinander interagieren und aufeinander reagieren.
Der Satz, dass diese oder jene Person sich zu einem wie auch immer gearteten Ereignis auf Twitter zu Wort meldete, lässt sich aus aktueller Berichterstattung nicht mehr wegdenken. Ohne Twitter wären zum Beispiel Aufstieg und Niedergang der Piratenpartei in dieser Form nicht möglich gewesen. Und dass sich deutsche Politik in Teilen dem annähert, was man früher nur von den Piraten kannte, hat auch damit zu tun, dass heute im Grunde genommen jede Politikerin und jeder Politiker auf dem Kurznachrichtendienst zu finden ist. » | Von Christopher Lauer | Samstag, 30. April 2022
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The Price of Free Speech: Why Elon Musk’s $44bn Vision for Twitter Could Fall Apart
THE OBSERVER: The controversial billionaire may find that buying the platform exposes him to a whole new world of legal problems
Musk is a prolific, and controversial, Twitter user and has called the platform ‘the digital town square’. Photograph: Brendan Smialowski/AFP/Getty Images
Contained within 95 pages of dense legal jargon, the warning from Twitter to Elon Musk was clear: don’t use your considerable power on the social media platform to attack the company.
The world’s richest man and owner-in-waiting of Twitter signed an agreement for the planned $44bn (£35bn) takeover last week confirming that he could tweet about the deal so long as “such tweets do not disparage the company or any of its representatives”.
Yet hours later the self-described “free speech absolutist” was engaging with tweets criticising senior Twitter staff, including an interaction with a political podcast host who had labelled the company’s legal head, Vijaya Gadde, Twitter’s “top censorship advocate”. » | Dan Milmo and Johana Bhuiyan | Saturday, April 30, 2022
Contained within 95 pages of dense legal jargon, the warning from Twitter to Elon Musk was clear: don’t use your considerable power on the social media platform to attack the company.
The world’s richest man and owner-in-waiting of Twitter signed an agreement for the planned $44bn (£35bn) takeover last week confirming that he could tweet about the deal so long as “such tweets do not disparage the company or any of its representatives”.
Yet hours later the self-described “free speech absolutist” was engaging with tweets criticising senior Twitter staff, including an interaction with a political podcast host who had labelled the company’s legal head, Vijaya Gadde, Twitter’s “top censorship advocate”. » | Dan Milmo and Johana Bhuiyan | Saturday, April 30, 2022
Thursday, April 28, 2022
Musk's Twitter Takeover: A Win for Oligarchy
Wednesday, April 27, 2022
Twitter war Trumps mächtigstes Megafon – Musk könnte es ihm nun zurückgeben
NEUE ZÜRCHER ZEITUNG: Elon Musk hat den Kauf von Twitter mit dem Kampf für Meinungsfreiheit begründet. Trumps Anhänger hoffen deshalb auf eine Rückkehr ihres Idols auf Twitter. Selbst führende Republikaner finden dies keine gute Idee. Musk selbst muss nun zeigen, wo er politisch steht.
Kehrt Donald Trump möglicherweise bald zurück auf Twitter? | David Maxwell / EPA
Die Übernahme des Kurznachrichtendiensts Twitter durch den reichsten Mann der Welt hat kontroverse Reaktionen ausgelöst. Die rechtskonservativen und rechtsextremen Kreise in den USA indes fieberten seit Wochen mit Elon Musk mit. Bereits vor einem Monat hatte der Tesla-Gründer auf Twitter eine suggestive Umfrage lanciert: «Die Meinungsfreiheit ist essenziell für eine funktionierende Demokratie. Glaubt ihr, dass Twitter sich rigoros an dieses Prinzip hält?» Die Konsequenzen dieser Erhebung seien wichtig, kommentierte Musk und bat seine 85 Millionen Follower, sorgfältig abzustimmen. Diese beantworteten seine Frage zu 70 Prozent mit «Nein». » | Christian Weisflog, Washington | Mittwoch, 27. April 2022
Die Übernahme des Kurznachrichtendiensts Twitter durch den reichsten Mann der Welt hat kontroverse Reaktionen ausgelöst. Die rechtskonservativen und rechtsextremen Kreise in den USA indes fieberten seit Wochen mit Elon Musk mit. Bereits vor einem Monat hatte der Tesla-Gründer auf Twitter eine suggestive Umfrage lanciert: «Die Meinungsfreiheit ist essenziell für eine funktionierende Demokratie. Glaubt ihr, dass Twitter sich rigoros an dieses Prinzip hält?» Die Konsequenzen dieser Erhebung seien wichtig, kommentierte Musk und bat seine 85 Millionen Follower, sorgfältig abzustimmen. Diese beantworteten seine Frage zu 70 Prozent mit «Nein». » | Christian Weisflog, Washington | Mittwoch, 27. April 2022
Twitter Takeover: EU and UK Warn Elon Musk Must Comply or Face Sanctions
THE GUARDIAN: EU commissioner raises hate speech concerns as UK draws attention to penalties in online safety bill
The UK and EU have warned that Twitter must comply with new content rules or face sanctions that range from fines to a total ban, as concerns were raised that hate speech will increase on the platform under the ownership of Elon Musk.
The world’s richest man has agreed a $44bn (£34bn) deal to buy the social media network, which will hand control of a platform with 217 million users to a self-confessed “free speech absolutist”.
A UK government spokesperson said companies must adhere to the forthcoming online safety bill, which requires platforms to protect users from harmful content, or face the threat of large fines and, for repeat offenders, a total ban.
“Twitter and all social media platforms must protect their users from harm on their sites. We are introducing new online safety laws to safeguard children, prevent abusive behaviour and protect free speech. All tech firms with users in the UK will need to comply with the new laws or face hefty fines and having their sites blocked.”
Thierry Breton, the EU’s commissioner for the internal market, reminded the Tesla chief executive on Tuesday that he would have to comply with the newly agreed Digital Services Act, which requires online platforms to tackle illegal content such as hate speech. » | Dan Milmo and Mark Sweney | Wednesday, April 27, 2022
The UK and EU have warned that Twitter must comply with new content rules or face sanctions that range from fines to a total ban, as concerns were raised that hate speech will increase on the platform under the ownership of Elon Musk.
The world’s richest man has agreed a $44bn (£34bn) deal to buy the social media network, which will hand control of a platform with 217 million users to a self-confessed “free speech absolutist”.
A UK government spokesperson said companies must adhere to the forthcoming online safety bill, which requires platforms to protect users from harmful content, or face the threat of large fines and, for repeat offenders, a total ban.
“Twitter and all social media platforms must protect their users from harm on their sites. We are introducing new online safety laws to safeguard children, prevent abusive behaviour and protect free speech. All tech firms with users in the UK will need to comply with the new laws or face hefty fines and having their sites blocked.”
Thierry Breton, the EU’s commissioner for the internal market, reminded the Tesla chief executive on Tuesday that he would have to comply with the newly agreed Digital Services Act, which requires online platforms to tackle illegal content such as hate speech. » | Dan Milmo and Mark Sweney | Wednesday, April 27, 2022
Concern over Elon Musk’s Twitter Takeover Wipes $126bn Off Tesla Value
THE GUARDIAN: Fears that carmaker’s CEO may have to sell shares to fund $44bn acquisition of social network
Investors have wiped $126bn (£100bn) off Tesla’s value amid concern that Elon Musk may have to sell shares in the electric carmaker to fund his personal contribution to his $44bn acquisition of Twitter.
Tesla stock has been targeted despite the company not being involved in the bid but Musk, its chief executive and largest shareholder, is part-funding the Twitter deal with $21bn of his own equity and a further $12.5bn loan secured against his Tesla stake.
The 12.2% drop in Tesla’s shares on Tuesday equated to a $21bn drop in the value of his Tesla stake, equal to the cash stake he committed to the Twitter deal. » | Guardian staff and agency | Wednesday, April 27, 2022
Investors have wiped $126bn (£100bn) off Tesla’s value amid concern that Elon Musk may have to sell shares in the electric carmaker to fund his personal contribution to his $44bn acquisition of Twitter.
Tesla stock has been targeted despite the company not being involved in the bid but Musk, its chief executive and largest shareholder, is part-funding the Twitter deal with $21bn of his own equity and a further $12.5bn loan secured against his Tesla stake.
The 12.2% drop in Tesla’s shares on Tuesday equated to a $21bn drop in the value of his Tesla stake, equal to the cash stake he committed to the Twitter deal. » | Guardian staff and agency | Wednesday, April 27, 2022
Tuesday, April 26, 2022
Elon Musk Is a Problem Masquerading as a Solution
THE NEW YORK TIMES: It is a perfect marriage for an age of plutocracy: Twitter with its serious problems and Elon Musk, the embodiment of those problems. What happens when the incarnation of a problem buys the right to decide what the problem is and how to fix it?
Twitter has a disinformation problem — fake news about Covid vaccines, climate and more running buck wild across the platform. Mr. Musk has shown himself to be a highly capable peddler of dubious claims, whether putting out misleading financial information or calling the British diver who helped rescue trapped schoolboys in Thailand a “pedo guy.”
Twitter has a racism problem. Time and again, it has failed to consequentially answer the pleas of users of color to address the bigotry and harassment that are endemic for them. Tesla, the carmaker that Mr. Musk runs, has its own racism problem, with many workers complaining to the press and California’s Department of Fair Employment and Housing suing the company over an allegedly pervasive problem of racialized degradation. The agency recently described one of Tesla’s plants as “a racially segregated workplace” rife with slurs as well as discrimination “in job assignments, discipline, pay and promotion.” » | Anand Giridharadas * | Tuesday, April 26, 2022
* Anand Giridharadas is the author, most recently, of “Winners Take All: The Elite Charade of Changing the World.”
Democracy Now! Elon Musk Has Been an "Abusive" Bully on Twitter for Years. Now He Owns It
Liens connexes.
Modération, services payants, correction des tweets... Ce qu'Elon Musk prévoit de changer chez Twitter
LE FIGARO : Le nouveau propriétaire du réseau social, dont il est un utilisateur très actif, a dessiné son plan d'action.
À quoi ressemblera Twitter une fois que le réseau social deviendra la propriété d'Elon Musk ? Le milliardaire, utilisateur très actif de la plateforme, n'a pas manqué de faire part de ses idées au cours des dernières semaines auprès de ses 83 millions d'abonnés, mais également en interview. Elles dessinent ses chantiers prioritaires pour «libérer le potentiel» de Twitter, qu'il est en passe d'acquérir pour 44 milliards de dollars. » | Par Chloé Woitier | mardi 26 avril 2022
«Elon Musk hat die Meinungsfreiheit im Internet falsch verstanden» : Musk sagt, er wolle mehr Redefreiheit auf Twitter. Doch Digitalexperten warnen davor, die Moderation der Inhalte einzuschränken. Verbale Entgleisungen online führen in der echten Welt zu mehr Hassverbrechen. Und Musk gilt als einer, der die Redefreiheit nur so lange schätzt, wie sie ihm nicht schadet. »
Related links.
À quoi ressemblera Twitter une fois que le réseau social deviendra la propriété d'Elon Musk ? Le milliardaire, utilisateur très actif de la plateforme, n'a pas manqué de faire part de ses idées au cours des dernières semaines auprès de ses 83 millions d'abonnés, mais également en interview. Elles dessinent ses chantiers prioritaires pour «libérer le potentiel» de Twitter, qu'il est en passe d'acquérir pour 44 milliards de dollars. » | Par Chloé Woitier | mardi 26 avril 2022
«Elon Musk hat die Meinungsfreiheit im Internet falsch verstanden» : Musk sagt, er wolle mehr Redefreiheit auf Twitter. Doch Digitalexperten warnen davor, die Moderation der Inhalte einzuschränken. Verbale Entgleisungen online führen in der echten Welt zu mehr Hassverbrechen. Und Musk gilt als einer, der die Redefreiheit nur so lange schätzt, wie sie ihm nicht schadet. »
Related links.
What Better Owner for Twitter Than Elon Musk, Master of the Ill-advised Tweet?
THE GUARDIAN: The ultimate shitposter has bought up Twitter, and its denizens are angry – how entirely appropriate
Speaking a few hours ago about Twitter purchaser Elon Musk, Twitter co-founder Jack Dorsey declared: “I trust his mission to extend the light of consciousness.” Bless. This feels like the first flashback scene we see in a dystopian drama after the words “SIX MONTHS EARLIER …” Quite where we’ll be in six months’ time as far as Twitter is concerned remains tantalisingly unclear, but it seems difficult to imagine it will be either a more or less pleasant space. It’s a social media platform. I’m not sure what further evidence humanity needs before we cotton on to the idea that such a thing might be an intrinsically toxic concept. Of course, there will always be some people who think it just hasn’t been done right yet. Like communism, or a British version of the Daily Show. » | Marina Hyde | Tuesday, April 26, 2022
Twitter takeover: Jack Dorsey says Elon Musk is ‘solution I trust’: Platform’s co-founder backs controversial takeover by world’s richest man »
Related content.
Speaking a few hours ago about Twitter purchaser Elon Musk, Twitter co-founder Jack Dorsey declared: “I trust his mission to extend the light of consciousness.” Bless. This feels like the first flashback scene we see in a dystopian drama after the words “SIX MONTHS EARLIER …” Quite where we’ll be in six months’ time as far as Twitter is concerned remains tantalisingly unclear, but it seems difficult to imagine it will be either a more or less pleasant space. It’s a social media platform. I’m not sure what further evidence humanity needs before we cotton on to the idea that such a thing might be an intrinsically toxic concept. Of course, there will always be some people who think it just hasn’t been done right yet. Like communism, or a British version of the Daily Show. » | Marina Hyde | Tuesday, April 26, 2022
Twitter takeover: Jack Dorsey says Elon Musk is ‘solution I trust’: Platform’s co-founder backs controversial takeover by world’s richest man »
Related content.
Monday, April 25, 2022
Twitter Agrees Elon Musk Takeover Deal
THE GUARDIAN: Tesla chief executive, the world’s richest man, wins fight to take over influential social network for $44bn
Elon Musk has described himself as a ‘free speech absolutist’. Photograph: Hannibal Hanschke/AP
Twitter has agreed to sell itself to Elon Musk, the world’s richest man, in a $44bn (£35bn) deal.
The deal puts the Tesla chief executive in charge of a company with 217 million users and an influential role in shaping the political and media agenda on both sides of the Atlantic. Twitter’s initial reluctance to accept a transaction appeared to fade after Musk confirmed a funding package for the deal and shareholders warmed to it.
Musk has signalled that Twitter will be overhauled under his leadership, including changes in content moderation, having described himself as a “free speech absolutist”. » | Dan Milmo, Global technology editor | Monday, April 25, 2022
Elon Musk kauft Twitter für 44 Milliarden US-Dollar: Der Investor übernimmt den Kurznachrichtendienst: "Freie Meinungsäußerung ist der Grundstein einer funktionierenden Demokratie" »
Elon Musk rachète Twitter pour 44 milliards de dollars : Le conseil d'administration, sous pression, a négocié avec le milliardaire dimanche et accepté son offre lundi soir. »
Elon Musk kauft Twitter: Nach zwei Wochen Verhandlungen hat der Kurznachrichtendienst nun bestätigt: Elon Musk übernimmt Twitter für rund 44 Milliarden Dollar. »
4 ways Twitter could change under Elon Musk. »
Less moderation could conflict with new European regulations. »
Related articles and video.
Twitter has agreed to sell itself to Elon Musk, the world’s richest man, in a $44bn (£35bn) deal.
The deal puts the Tesla chief executive in charge of a company with 217 million users and an influential role in shaping the political and media agenda on both sides of the Atlantic. Twitter’s initial reluctance to accept a transaction appeared to fade after Musk confirmed a funding package for the deal and shareholders warmed to it.
Musk has signalled that Twitter will be overhauled under his leadership, including changes in content moderation, having described himself as a “free speech absolutist”. » | Dan Milmo, Global technology editor | Monday, April 25, 2022
Elon Musk kauft Twitter für 44 Milliarden US-Dollar: Der Investor übernimmt den Kurznachrichtendienst: "Freie Meinungsäußerung ist der Grundstein einer funktionierenden Demokratie" »
Elon Musk rachète Twitter pour 44 milliards de dollars : Le conseil d'administration, sous pression, a négocié avec le milliardaire dimanche et accepté son offre lundi soir. »
Elon Musk kauft Twitter: Nach zwei Wochen Verhandlungen hat der Kurznachrichtendienst nun bestätigt: Elon Musk übernimmt Twitter für rund 44 Milliarden Dollar. »
4 ways Twitter could change under Elon Musk. »
Less moderation could conflict with new European regulations. »
Related articles and video.
Twitter Shares Rise as Reports Say Elon Musk Deal Close
BBC: Twitter's shares rose by about 4% in opening trade in New York on speculation the firm could agree a takeover deal with Elon Musk as early as Monday.
The board of the social media giant is reported to have met with Mr Musk over the weekend to discuss his $43bn offer.
Twitter had initially rebuffed the billionaire's approach.
But according to reports, Twitter is now in the final stages of negotiations with Mr Musk to buy the business.
Reuters, the news agency, reported that an announcement may come later on Monday after Twitter's board met and recommended a deal to its shareholders.
Shares rose almost 4% to $50.62 on the reports, but remained below Mr Musk's offer price of $54.20 a share. » | BBC | Monday, April 25, 2022
Twitter n’a pas besoin d’Elon Musk : En tentant de prendre le contrôle du réseau social, le patron de Tesla, libertarien assumé, veut en faire un espace de libre expression absolue, sans modération. Le risque est grand d’ouvrir ainsi la porte aux menaces, au harcèlement, aux propagandes en tout genre et au complotisme. »
Twitter Set to Accept Elon Musk Takeover Offer, According to Reuters »
The board of the social media giant is reported to have met with Mr Musk over the weekend to discuss his $43bn offer.
Twitter had initially rebuffed the billionaire's approach.
But according to reports, Twitter is now in the final stages of negotiations with Mr Musk to buy the business.
Reuters, the news agency, reported that an announcement may come later on Monday after Twitter's board met and recommended a deal to its shareholders.
Shares rose almost 4% to $50.62 on the reports, but remained below Mr Musk's offer price of $54.20 a share. » | BBC | Monday, April 25, 2022
Twitter n’a pas besoin d’Elon Musk : En tentant de prendre le contrôle du réseau social, le patron de Tesla, libertarien assumé, veut en faire un espace de libre expression absolue, sans modération. Le risque est grand d’ouvrir ainsi la porte aux menaces, au harcèlement, aux propagandes en tout genre et au complotisme. »
Twitter Set to Accept Elon Musk Takeover Offer, According to Reuters »
Sunday, April 17, 2022
Smerconish Has a Message for Conservatives Rallying behind Elon Musk
Thursday, April 14, 2022
'Is This All a Troll?': Elon Musk Offers to Buy Twitter
Apr 14, 2022 • Elon Musk has made an offer to buy Twitter (TWTR) and take it private, saying he believes it needs to be "transformed."
According to an SEC filing, Musk has offered to acquire all the shares in Twitter he does not own for $54.20 per share, valuing the company at $43.4 billion. That represents a 38% premium over the closing price on April 1, the last trading day before Musk disclosed that he had become Twitter's biggest shareholder, and an 18% premium over its closing price April 13, 2022.
Related.
According to an SEC filing, Musk has offered to acquire all the shares in Twitter he does not own for $54.20 per share, valuing the company at $43.4 billion. That represents a 38% premium over the closing price on April 1, the last trading day before Musk disclosed that he had become Twitter's biggest shareholder, and an 18% premium over its closing price April 13, 2022.
Related.
Elon Musk Offers to Buy Twitter for $54.20 a Share.
THE NEW YORK TIMES: Elon Musk has offered to buy Twitter for $54.20 a share, just weeks after he became the social media company’s largest shareholder.
Mr. Musk said this was a “best and final offer,” representing a 54 percent premium over the day before he began investing in the company in late January, according to a Securities and Exchange Commission filing. It would value the company at about $43 billion.
If the offer is not accepted, Mr. Musk said he would “need to reconsider my position as a shareholder,” according to a letter sent to Bret Taylor, Twitter’s chair, on April 13 and enclosed in the filing. “Twitter has extraordinary potential. I will unlock it.”
Twitter shares were 11 percent higher in premarket trading. On Wednesday, the closing price was $45.85. » | Eshe Nelson | Thursday, April 14, 2022
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