New York CNN Business — How to regulate a worthy man over $200 billion who thinks he knows better than everyone else? The simple answer is: you don’t. Elon Musk once again proved he would do things his way, announcing on Friday that his $44 billion deal to buy Twitter was on hold. He shared … Read more
Elon Musk, agent of chaos. Mr Musk, the world’s richest man, continued to sow confusion over his $44 billion acquisition of Twitter on Tuesday, even as the social media company tried to keep the deal on track . Early in the morning, the billionaire tweeted that “this deal cannot move forward” until he gets more … Read more
Photo: Andrew Wang (Getty Images) Last week, multiple headlines and social media posts claimed that scientists had finally found the “cause” of Sudden Infant Death Syndrome (SIDS). Unfortunately, the reality is a bit more complicated. While the research could one day lead to important discoveries in predicting or treating this devastating syndrome, the results are … Read more
Dow Jones futures were higher on Monday night as the bid for a stock market rally continues. Elon Musk and Twitter continue to debate the number of fake accounts on the social media site. Looking ahead, Home Depot and Walmart earnings are expected to be released ahead of Tuesday’s market open. And Fed Chairman Jerome … Read more
Tesla CEO Elon Musk sent Twitter shares plummeting on Friday when he said he would pause its $44 billion acquisition of the social network while he researches the proportion of fake accounts and spam on the platform. Although Musk later clarified that he remained committed to the deal, he continued to hammer home the issue … Read more
Elon Musk cited bots when he said Twitter’s $44 billion takeover was “temporarily on hold,” but not everyone believes that explanation. On Friday, the world’s richest man tweeted that he was suspending his bid as he awaits further information to confirm whether the social media company’s quarterly estimates of his fake accounts were accurate, sending … Read more
The Dow Jones Industrial Average surged, but the Nasdaq shone the brightest as stocks fought back. Twitter (TWTR) dove on a move by You’re here (TSLA) CEO Elon Musk. Warren Buffett Stock western oil (OXY) offered a bounce entry while Apple (AAPL) was one of the best blue chips. X Beaten tech stocks were among … Read more
“The Twitter agreement is temporarily suspended pending details supporting the calculation that spam/fake accounts actually represent less than 5% of users,” Musk said. tweeted Friday. The news initially caused Twitter shares to fall more than 20% in premarket trading before the stock rebounded somewhat. Two hours after his first tweet, Musk said he was “still … Read more
Placeholder while loading article actions SAN FRANCISCO — Elon Musk tweeted early Friday that his $44 billion bid to buy Twitter was temporarily on hold as he reviews the number of spam accounts on the site, sending the company’s stock plummeting. “Twitter deal temporarily suspended pending details supporting calculation that spam/accounts indeed represent less than … Read more
LONDON (AP) — Elon Musk said on Friday that his plan to buy Twitter was “temporarily suspended” as he tried to determine the exact number of spam and fake accounts on the social media platform, another twist amid signs of turmoil over the proposed $44 billion acquisition. Musk expressed his desire to fix Twitter’s problem … Read more