Category: Twitter Buy Out

Musk Suggests Slashing Twitter Takeover Offer Based on Bot Numbers

May 23, 2022
Business & EconomyCompaniesElon Musk TwitterMedia & Big Techspam botsTechTech NewsTwitter Buy OutUSUS News
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Elon Musk has suggested he wants to slash his initial $44 billion takeover bid for social media platform Twitter after accounting for the proportion of bots present on the microblogging site. “I’m worried that Twitter has a disincentive to reduce spam, as it reduces perceived daily users,” Musk said in a series of tweets on May…

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Twitter Wants to Close Deal ‘Promptly’ and on ‘Agreed Price,’ While Musk Calls on SEC to Confirm Bot Numbers

May 18, 2022
Business & EconomyCompaniesElon Musk TwitterMedia & Big TechParag AgrawalSocial Mediaspam botsTechTech NewsTwitter Buy OutUSUS News
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Twitter announced Tuesday that it was filing a preliminary proxy statement with the U.S. Securities and Exchange Commission (SEC) in order to complete the Elon Musk buyout “on the agreed price,” and as “promptly as practicable.” Twitter wants the $54.20 per share in cash deal with Musk to go through, while the billionaire is hesitant…

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Twitter’s Total Meltdown Over Musk Buyout | Larry Elder

May 2, 2022
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Elon Musk bought Twitter, and Larry Elder hasn’t had this much fun since election night in 2016. The news headlines regarding Musk’s purchase of Twitter even look curiously similar to the media meltdown after Donald Trump became president. Twitter employees say they’re too “in shock to speak” and they feel like they’re “going to throw…

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