New Twitter CEO may free Musk to steer Tesla through easing demandEver since Musk bought Twitter in a $44 billion deal, Tesla investors have been worried that he may not be able to give his full attention ...
12 May, 2023, 08.52 PM IST
Elon Musk tweets proxy voting firms have 'far too much power'Musk's comments add to a long-running debate over whether such advisers have too much sway over corporate decision-making.
25 Jan, 2023, 12.52 AM IST
2022 Year in Review | Elon Musk’s acquisition of TwitterElon Musk acquired Twitter this year for $44 billion after months of uncertainty and high-voltage drama.
29 Dec, 2022, 07.04 PM IST
Elon Musk's net worth slips below $200 billion as Tesla shares waverInvestors initially fled Tesla on worries over share sale by Musk, who has divested at least $15 billion worth of stock. He closed the $44-...
09 Nov, 2022, 07.46 AM IST
Elon Musk now owns Twitter: New era of 'free speech' excites netizens, some plan to quit the platformTwitter is divided over Musk’s decision to fire top executives.
28 Oct, 2022, 12.51 PM IST
Most Twitter shareholders vote in favour of sale to Elon Musk: sourcesThe deadline for the shareholder vote on the deal is Tuesday but enough investors had voted by Monday evening for the outcome to be certain...
13 Sep, 2022, 08.23 AM IST
Twitter plans to have shareholder vote by August on sale to Elon MuskTwitter Chief Executive Parag Agrawal last month tweeted he did not believe a calculation of fake and spam accounts could be performed outs...
09 Jun, 2022, 07.35 AM IST
Elon Musk pledges more equity to fund Twitter deal, scraps margin loanThe disclosure made in a regulatory filing on Wednesday signaled Musk is working to complete the deal even though he had last week linked i...
26 May, 2022, 08.32 AM IST
Elon Musk's Twitter deal is proceeding, not 'on hold,' executives tell staffExecutives addressed a number of questions about the transaction, including whether Twitter would try and legally force Musk to buy the com...
20 May, 2022, 08.15 AM IST
Twitter’s board of directors and its top shareholdersOnce the transaction is complete, the social media giant will become a privately held company and its shareholders will receive $54.2 in ca...
26 Apr, 2022, 10.44 PM IST
Explainer: What's next now that Twitter agreed to Elon Musk bid?The deal is expected to close sometime this year. But before that, shareholders still have to weigh in, as well as regulators in the US and...
26 Apr, 2022, 12.27 PM IST
House Republicans ask Twitter board to retain records tied to Elon Musk offerThe order to save records strongly suggests Jim Jordan plans to probe Twitter if the Musk offer is rejected and Republicans take back the H...
23 Apr, 2022, 06.53 AM IST
Elon Musk says he has the means to buy Twitter, but investors aren't so sureOn Thursday afternoon, Twitter's board appeared to be leaning against a deal. The directors were weighing whether to adopt a so-called pois...
15 Apr, 2022, 01.24 PM IST
Twitter stock surges 27% after Elon Musk becomes top shareholderTwitter shares rose 27.1% on Monday to close at $49.97. The stock, which had fallen 38% in the past 12 months through Friday's close, on Mo...
05 Apr, 2022, 06.28 AM IST
Musk takes 9% stake in Twitter to become top shareholder; shares rally 26%This comes days after Musk said he is giving “serious thought” to building a new social media platform. Earlier, Musk had put out a tweet a...
04 Apr, 2022, 11.33 PM IST
Twitter falls on paltry gains in new users in third quarterThe company reported 187 million daily users at the end of the quarter, an increase of 29 per cent from last year, but a paltry gain over t...
30 Oct, 2020, 09.45 PM IST
Apple's Tim Cook to Twitter's Dick Costolo, CEOs who took home a smaller pay for a reasonApple's Tim Cook took a 15 per cent pay cut from last year’s $8.7 mn after the company’s failure to meet its goals.
17 Jan, 2017, 10.08 AM IST