IANS | Nov 9, 2022, 9:58 AM IST
Banks, including Morgan Stanley and Bank of America, provided $13 billion in debt financing while Musk's $33.5 billion equity commitment included his 9.6 per cent Twitter stake worth $4 billion.
India.com Business Desk | Oct 26, 2022, 1:28 PM IST
Musk must complete the acquisition by Friday or face the lawsuit at a Delaware court in the US, as per the deadline given by the judge.
India.com Business Desk | Oct 21, 2022, 8:31 AM IST
According to the report the job cuts are expected in the coming months, no matter who owns the company. It added that Twitter's current management has planned to pare the company's payroll by about $800 million by the end of next year, and this number would mean getting rid of nearly a quarter of the workforce.
India.com News Desk | Oct 5, 2022, 2:35 AM IST
Twitter intended to close the Musk deal at $54.20 per share.
India.com News Desk | Sep 14, 2022, 2:33 AM IST
The tally came during a shareholder meeting that lasted just minutes, with most of the votes having been cast online.
IANS | Aug 23, 2022, 9:17 PM IST
The whistleblower said Twitter executives don't have the resources to fully understand the true number of bots on the platform, and were not motivated to.
Trending Desk | Aug 7, 2022, 4:20 PM IST
Elon Musk challenged Twitter CEO Parag Agrawal to a public debate over the social media giant's "bot percentage".
Associated Press | Aug 7, 2022, 2:56 AM IST
Elon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are 'spam bots' or real people.
India.com News Desk | Jul 30, 2022, 11:41 AM IST
Musk, on July 8 announced that he was abandoning the takeover deal and blamed Twitter for breaching the agreement by misrepresenting the number of fake accounts on its platform.
Associated Press | Jul 13, 2022, 6:39 AM IST
The microblogging site, Twitter, has finally filed a law suit against the Tesla CEO, Elon Musk in the Delaware Court of Chancery for terminating the deal of acquisition.
India.com News Desk | Jul 12, 2022, 8:29 AM IST
After the CEO of Tesla decides to pull out from acquiring Twitter, shares of both the companies went downhill.
India.com News Desk | Jul 11, 2022, 10:17 PM IST
The Tesla CEO has apparently terminated the deal to buy Twitter because of the presence of bots on the platform.
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