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Business

Twitter CEO Parag Agrawal Fires 2 Top Executives, Freezes Hiring Ahead Of Elon Musk Takeover

Twitter also confirmed that it is pausing all hiring except for business-critical roles. San Francisco: Twitter confirmed Thursday that two senior executives are heading for the exit and it has paused most hiring, as Elon Musk stands poised to become the global messaging platform’s new owner. Kayvon Beykpour, a general manager who leads research, design […]

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Business

Elon Musk Faces SEC Probe Over Twitter Stock Buys: Report

The Securities and Exchange Commission is investigating Elon Musk’s failure to disclose his massive March Twitter share purchase in a timely fashion, according to to report by the Wall Street Journal. The richest man in the universe took too long to file the required public form while in the process of buying up 9.2% of […]

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Celebrity

Elon Musk and MrBeast Strike Deal for Twitter

On April 25, it was revealed that Elon Musk was buying Twitter after its board of directors unanimously accepted Musk’s buyout of the social media company for $44 billion, a steep price that meant the world’s richest man paying a premium on the stock. If the deal goes through, Twitter will be privatized and many […]

Categories
Economy

Elon Musk says he would reverse Twitter’s permanent Trump ban

Elon Musk said Tuesday that he would reverse Twitter’s permanent ban of former President Trump if his $44 billion bid to buy the company is successful. Why it matters: Musk told the Financial Times that the ban “was morally wrong and flat out stupid,” though Trump has publicly said he would not return to the […]