Elon Musk

Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide....

"He's got his own kind of plan in place. He later withdrew the message. That's far from the 1.93 billion Facebook subscribers. However in a tweet, he suggested lowering the price of Twitter Blue, the paid version of the network that costs $2.99 a month, granting a certified account to paying subscribers and removing advertising for these customers. Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter?

Twitter has fewer users and less money than many of its social media peers, but it has captured the attention of an influential group of users — including ...

I don’t care about the economics at all,” he said. The Tesla CEO is putting up a significant portion of his wealth to back the deal. After activist investor Elliott Management took a stake in the company in 2020, Twitter announced ambitious goals to boost its business, including increasing user growth and doubling its annual revenue by 2023. “Trump had a relationship with Twitter where he was really good at using the platform to get attention in his presidential campaign and then through the end of his presidency,” Porter said. Experts said Musk is not wrong to target Twitter if he wants to have an impact on public discourse. Twitter had a humble 338.6 million monthly global users last year, according to the estimates.

Elon Musk and Twitter Inc. reached an agreement for the world's richest man to buy the social networking platform for $44 billion, resolving the pressing ...

Twitter has agreed to sell itself to Musk, the CEO of Tesla and SpaceX.

I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. UPDATE: In his first tweet since the news became official, Musk posted an excerpt of the Twitter press release, quoting him as saying: “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated. Twitter has agreed to sell itself to Musk, the CEO of Tesla and SpaceX. "Once completed, the richest person in the world will own arguably the most influential social platform in the world, though from a business and user standpoint Twitter is significantly smaller than companies like Facebook or TikTok," says The Hollywood Reporter's Alex Weprin." In a tweet hours before the deal was approved, Musk tweeted: "I hope that even my worst critics remain on Twitter, because that is what free speech means."

Elon Musk may be the world's richest person - but he only has R47 billion in cash and somewhat liquid assets, according to Bloomberg estimates.

Musk’s cash estimate is based on filings related to publicly traded shares and news reports, but much of the information on his private finances is limited. For one, concerns about Musk needing to sell some of his shares may already be weighing on the electric carmaker’s stock price. Bloomberg News reported Monday that Musk is lining up equity partners and continuing talks with other potential co-investors. He’s already hinted that such a strategy may be in the cards. Ultimately, there’s little doubt he can come up with the money. But he’s been short on details about how he’ll fund the remainder.

Mandy Wiener speaks to Arthur Goldstuck, CEO at World Wide Worx, about what the impact could be of the billionaire taking over this platform. Since the ...

Read More Read More Read More Read More but the real impact be on how its run as a business and there Musk has a fantastic track record of proving that he can execute in business.Arthur Goldstuck, tech analyst for World Wide Worx Goldstuck believes that the biggest change will be to the business side of Twitter and how it is run.

There is every chance that Twitter's board will have extracted an improved offer or terms from Elon Musk as an announcement on a deal is expected later on ...

According to the media outlet, both sides met on Sunday to discuss the proposal - and the social network "is more likely than before to seek to negotiate". Musk argues that the social network needs to be taken private in order to grow and become a genuine platform for free speech. He has offered to buy the social network for $43bn (£33.5bn) and placed the right to uphold free speech at the forefront of his argument for a deal, accusing Twitter of failing its users to date.

The sale caps a dizzying saga for Twitter and Elon Musk, the world's richest man and a prolific user of the social media platform.

"The Twitter Board conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing. Last week, Musk announced he had lined up the money to take Twitter private. But lack of details about how Musk would finance the deal left many doubting he was serious. Musk began accumulating Twitter shares in January. On April 4, he revealed that he'd become the company's biggest individual shareholder. Twitter's board quickly adopted a so-called "poison pill," which served essentially as a speed bump, a way to slow down Musk from acquiring more shares in the public market, as company leadership weighed the offer. "Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," he said in the announcement Monday.

South African-born billionaire entrepreneur Elon Musk agreed will use one of the biggest leveraged buyout deals in history to take private a 16-year-old ...

In a whirlwind of news in just over two weeks, it’s been hard to tell whether Musk, 50, would follow through on his offer. Even though Musk is the world’s richest person, much of his fortune is tied up in Tesla stock. Musk, who has more than 83 million followers on Twitter, began amassing shares in the company in January, disclosing a 9% stake earlier this month.

FILE - In this Wednesday, Dec. 2, 2015, file photo, Tesla Motors Inc. CEO Elon Musk delivers a speech at the Paris Pantheon Sorbonne University as part of ...

"Free speech is the bedrock of a functioning democracy, and Twitter is thedigital town square where matters vital to the future of humanity are debated," Musk said in a statement. Elon Musk clinched a deal to buy Twitter on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world's richest person. Under pressure, Twitter started negotiating with Musk to buy the company at the proposed $54.20 per share price.

The announcement ends a weeks-long saga Musk kicked off when he offered to buy the company at $54.20 per share, his "best and final."

Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it." The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter's stockholders." The purchase price represents a 38% premium to Twitter's closing stock price on April 1, 2022, which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter. He also said he generally would prefer "time-outs" to permanent bans, which could suggest a path for former President Donald Trump to rejoin the platform under Musk's control. Upon completion of the transaction, Twitter will become a privately held company. The SEC declined to comment on Musk's remarks at the time. Despite his being the world's richest person, much of his wealth is tied up in Tesla stock, meaning he would likely have to borrow against his holdings to fund the deal. Musk's interest in Twitter comes from his own frequent use of the platform. The plan would dilute that person's holdings in a strategy commonly employed to prevent unwanted acquisitions. The announcement ends a weekslong saga Musk kicked off when he disclosed a large stake in the company. Twitter would become a private company on completion of the deal, which requires shareholder and regulatory approval. "I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.

Twitter shares rose sharply Monday amid reports the company will soon accept Elon Musk's takeover offer, a dramatic shift after the board originally ...

While the firm's board said it was reviewing the offer, it later rebuffed him and adopted a "poison pill" plan that would make it harder for Musk to acquire a controling stake. Musk had earlier this month launched his $43 billion hostile takeover bid for the company, casting it as a promotion of freedom of speech. Twitter shares rose sharply Monday amid reports the company will soon accept Elon Musk's takeover offer, a dramatic shift after the board originally organised a "poison pill" defense to ward off the billionaire entrepreneur's hostile buyout bid.

You are throwing me under the bus,” Musk told the head of Saudi Arabia's sovereign wealth fund amid discussions to take Tesla private in 2018.

Musk’s complicated history with the SEC has reared its way into his latest business foray, a $43 billion takeover of social media giant Twitter. In a filing on April 14, Musk unveiled an offer to buy 100% of Twitter at $54.20 per share in cash and then take it private. In its complaint, the SEC notes Musk calculated a $419 price per share for Tesla based on a 20% premium at the time (because he thought 20% was a “standard premium”) and that he rounded it up to $420 because he had recently learned about the number’s significance in marijuana culture and thought his girlfriend “would find it funny, which admittedly is not a great reason to pick a price.” Tesla was also required to pay a $20 million fine.

Twitter's board accepted a $44 billion offer from Tesla CEO Elon Musk to buy the popular social media platform and take it private on Monday.

Agrawal said during Monday's meeting that he would remain CEO until the deal closes, Bloomberg reports, but Musk could appoint a new leader after completing the deal. One of the biggest questions that remains unanswered in the wake of the deal is who Musk will appoint as Twitter's new CEO – Agrawal replaced co-founder Jack Dorsey a mere five months ago. "We don't have all the answers," Agrawal added.

Musk, the C.E.O. of Tesla and the richest man on earth, plans to take the social-media company private, and has said that he wants Twitter to adhere more ...

And I think people are recognizing that Elon Musk has created a lot of value for his companies by being unhinged on Twitter. And I think there are imitators, and I think we’re kind of early in the game. If you are the richest person in the world, and annoying, and you constantly play a computer game, and you get a lot of enjoyment and sense of identity from that game, maybe a little addicted, then at some point you might have some suggestions for improvements in the game.” At one level, this is a more personal account of his desire to buy Twitter. And then there is the more financial, or business, account, which you have just explained. But, at the same time, it almost seems like it’s impossible to disaggregate those two things, unless you think that all of his behavior is some elaborate performance or something, which I don’t think anyone really believes. He might say, “Look, I get so much value out of this direct access to the public.” Owning that direct access to the public—owning that thing that creates so much value for Elon Musk and Tesla—it has to be valuable somehow, whether it’s by increasing the value that it creates for Tesla, or whether it’s by finding a way to monetize the value that it creates for sports stars and celebrities and Donald Trump and lots of other people. It’s not obvious how the company would, but if you’re sitting on top of a thing that can create that much value, surely, if you’re really smart then you can extract some value out of it. And those expectations are probably helped by having a charismatic, noisy founder who makes a lot of jokes online and is sort of a science-fiction character himself, and portrays himself as a science-fiction character, and who appeals to people who like that by making jokes. The value of his company is enhanced by his being a very strange public figure on Twitter, and so he clearly sees a lot of value in tweeting, and probably wants to own that for himself. And the stock-market value of Tesla, which makes Elon Musk the richest person in the world, comes from a lot of extreme optimism about Tesla’s future ability to make more cars and become the dominant player in car-making as cars become more electric. And so the value of these companies in the market is largely derived from expectations around how much money they’ll make in the future, as opposed to how much money they’ve made in the past. It’s not obvious to me how, if he bought Twitter, he would then be better able to get his message out, or better able to tell a story in a way that is good for Tesla and good for his economic interests. So how much do you connect Tesla’s worth to Elon Musk as a person and the way he orients himself toward the world, especially on Twitter? To talk about Musk and what the future holds for his newest acquisition, I spoke by phone with Matt Levine, a Bloomberg Opinion columnist who has been comprehensively reporting on and analyzing this story over the past month in his newsletter.

JOHANNESBURG - Tesla and SpaceX founder Elon Musk has made a successful bid for Twitter and is officially buying the platform for $44 billion. Musk says he ...

but the real impact be on how its run as a business and there Musk has a fantastic track record of proving that he can execute in business.Arthur Goldstuck, tech analyst for World Wide Worx Goldstuck believes that the biggest change will be to the business side of Twitter and how it is run. Since the announcement, people have been speculating what the changes to the platform could be, from the potential of adding an edit button, to the risk of former US president Donald Trump returning to the app.

Despite the mounting criticism on the move, the hours post-the-transaction proved worthy of a laugh, with scores of memes posted in honour of the deal.

Elon musk things...😂😂— COLDPLAYER..🎸🎶🎶 (@swaroop_124) #ElonMuskBuyTwitter #ElonMusk pic.twitter.com/mzLZVu2Sdc April 25, 2022 Elon Musk outside Of— Patel Meet (@mn_google) #ElonMusk #ElonMuskTwitter #ElonMuskBuyTwitter pic.twitter.com/g5fDtEo6x4 April 25, 2022 Shortly after the deal was finalised, Musk tweeted: "I hope that even my worst critics remain on Twitter because that is what free speech means." Musk's stance on free speech on the platform also drew criticism from sceptics. 😂😂🤣🤣— Tòxìç 🚫 (@m_k_s_1_1) #twittersold #ElonMusk #Trump #ParagAgrawal #ElonMuskBuyTwitter pic.twitter.com/BJZ6tEdrU5 April 26, 2022 Berkeley professor and co-founder of Inequality Media, Robert Reich said: "When billionaires like Elon Musk justify their motives by using "freedom," beware.

Tesla chief executive, the world's richest person, wins fight to take over influential social network for $44bn. Tesla and SpaceX CEO Elon Musk.

Before Twitter accepted Musk's $44 billion offer, he has floated numerous ideas for changing the social network. Not all of those proposals have been ...

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Twitter, Inc. (TWTR) announced on April 25 that it had entered into a definitive agreement to be acquired by an entity owned by Elon Musk. Musk, the CEO of ...

Following weeks of back and forth, Twitter's board accepted Elon Musk's acquisition offer on April 25. The fate of the company is not clear, but Musk has talked about adding features including authentication of all users.1 The deal follows a highly publicized back-and-forth between Musk and Twitter's board of directors.1 Shortly thereafter, however, he backed out of the planned board seat and stated his intention to buy the company. In March 2022, regulators said that they could subpoena Musk regarding his tweets.5 Musk offered to acquire Twitter for $43 billion on April 14.3 On April 15, Twitter's board adopted a limited duration shareholder rights plan, known as a " poison pill," in an apparent attempt to block Musk's acquisition.4

Some Twitter fanatics fear the Tesla CEO's influence on the site, but no rivals offer a similar, better experience.

Investors have pummeled PayPal over the past year, scared off by the reopening of brick-and-mortar stores and an inflation-driven retreat in online merchandise sales. Foxconn’s largest iPhone assembly plant continues to pump out products despite a region-wide, COVID-induced shutdown ordered by the Chinese government, Bloomberg reported Sunday. The Zhengzhou campus remains in operation under a special exemption granted by government officials, who have ordered local residents to remain at home as part of a campaign to eliminate COVID spread. But PayPal’s huge drop in share price, down 72% from a 52-week high set last July, has Wall Street taking a second look at the payments processor, Bloomberg reported Monday. Value-focused investors are forecasting a PayPal rebound by late 2022 or early 2023, though they remain bearish on any immediate gains in the company’s stock price. SpaceX signed its first deal with a commercial airline to provide in-flight wireless internet service via the company’s Starlink satellites, Reuters reported Monday. The Elon Musk–led outfit is partnering with Hawaiian Airlines to offer Starlink service on the airline’s trans-Pacific flights, starting in 2023. And in this case, no platform comes close to mirroring the audience and attributes of Twitter. SpaceX inked a similar deal with semiprivate jet service JSX last week, and the Wall Street Journal reported last Monday that Delta Air Lines is exploring a potential agreement with the Tesla CEO’s company. European Union officials secured a final agreement Saturday on the landmark Digital Services Act, which will force the world’s largest tech companies to moderate more content and disclose new information about their operations, the Associated Press reported. European Union member countries are expected to formally approve the agreement later this year, with the updated policies set to take effect by the end of 2023. Twitter diehards, particularly on the political left, counter that a Musk-led platform will further amplify degrading, dehumanizing content. (Twitter’s board likely had little choice but to accept, given Musk’s premium price and the company’s flagging financials.) In today’s hyperpartisan, demographically fractured environment, it’s hard to envision a so-called public square app reaching a similar scale. The platform remains the go-to outlet for dialogue among the elite class.

Reports Monday revealed that Musk, controversial billionaire and Tesla CEO offered $43 billion to buy Twitter.

Opponents to the acquisition assert that Musk will allow users on the platform to spread misinformation and hate speech under the guise of protecting free speech. Musk has touted his devotion to free speech on the platform, namely at TED2022 and on his own Twitter account. If the deal officially goes through, it will make Musk the new owner of the social media site that hosts more than 200 million users.

Billionaire entrepreneur Elon Musk agreed to buy Twitter for $44 billion (R689 billion), using one of the biggest leveraged buyout deals in history to take…

The deal was unanimously approved by the company’s board, and is expected to be completed later this year. The 50-year-old billionaire himself mused at a TED event the day it was announced that even he had doubts about its prospects. Twitter shares were halted for the news. Twitter caught fire among politicians, celebrities and journalists and took its place alongside social media stalwarts Facebook and YouTube as a standard bearer of a new, more interactive way of using the web that came to be known as Web 2.0. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in the statement on Monday. “Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.” He also suggested Twitter’s user growth was inflated by bots.

Jeff Bezos has The Washington Post, now Elon Musk will have Twitter. Billionaire vanity projects are good for the ego—but Musk is about to learn that ...

Musk was going to join the board of Twitter. Then he wasn’t. Then he was going to buy the company. One person I spoke to who is close to Musk speculated that he had not originally set out to buy the company last month when he began purchasing Twitter stock, and that he had fully intended to join the board of Twitter with the hopes that he could effect change at the social network. If this was the case, the last thing Musk would want is to be told by someone else what he can and cannot say publicly, especially on his favorite communication tool of choice. But along the way, something happened that had set him off—perhaps, this person speculated, he was told that he would not be able to tweet critically of Twitter if he was a board member there. As this was all happening, Twitter was reining in the accounts of people who were using the platform for ill, and started to ban certain accounts, and Musk started to grow frustrated by the fact that “West Coast high tech” was becoming the “de facto arbiter of free speech.” In the news release announcing the deal, Musk said, “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.” He added that “Twitter has tremendous potential–I look forward to working with the company and the community of users to unlock it.” A few days later, on March 26, Musk said (on Twitter) that he was “giving serious thought” to building his own social media network, where free speech would be the central thesis of the platform. Musk was given a social-media minder (an "experienced securities lawyer"), who was supposed to police what he had to say. And he’s become increasingly dependent on Twitter as a marketing tool for product releases, as a place to pick fights with detractors of his companies and to just generally fuck with people. A platform that has helped lead to heroic movements that have changed culture but also helped drive division and vitriol globally for the past 16 years. At times, he’s called the platform a “war zone,” and on numerous occasions has said he’s taking a break from using it, only to return a few days (or sometimes hours) later. Twitter said in a statement that the deal was “unanimously approved by the Twitter Board of Directors,” and that it is expected to close sometime in 2022, once it has gone through regulatory approval.

Elon Musk has said he wants to promote free and open speech on the service, which he has said he sees as an essential place for sharing viewpoints.

Here’s what he’s said about his plan and how fast he could change things. Musk offered $54.20 per share for Twitter and outlined his plan to secure $46.5 billion to finance his deal.

Elon Musk, the world's richest man, struck a deal Monday to buy Twitter for $44 billion, capping a saga complete with hostile takeover threats before ...

"The sale of Twitter to Elon Musk would be a victory for disinformation and the people who peddle it. "Twitter has a purpose and relevance that impacts the entire world. Protecting our democracy is of utmost importance." "Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," Musk said in a statement released by Twitter. NEW YORK - Elon Musk, the world's richest man, struck a deal Monday to buy Twitter for $44 billion, capping a saga complete with hostile takeover threats before delivering him personal control of one of the most influential social media platforms on the planet. Elon Musk, the world's richest man, struck a deal Monday to buy Twitter for $44 billion, capping a saga complete with hostile takeover threats before delivering him personal control of one of the most influential social media platforms on the planet.

Elon Musk and Twitter Inc.reached an agreement for the world's richest man to buy the social networking platform for $44 billion, resolving the pressing ...

Musk’s cash estimate is based on filings related to publicly traded shares and news reports, but much of the information on his private finances is limited. For one, concerns about Musk needing to sell some of his shares may already be weighing on the electric carmaker’s stock price. Bloomberg News reported Monday that Musk is lining up equity partners and continuing talks with other potential co-investors. He’s already hinted that such a strategy may be in the cards. There’s little doubt he can come up with the money. But he’s been short on details about how he’ll fund the remainder.

On Twitter, in private messages and in interviews with The Washington Post, employees expressed fear about Musk's $44 billion takeover. Twitter CEO Parag ...

Once the company goes private, employees’ shares would be paid out to them in cash. In the town hall, Twitter executives and board chair Taylor acknowledged emotions were running high for people. The acquisition, which would rank among the largest-ever activist takeovers of a publicly traded company, would take the company private over the course of three to six months, executives said in the town hall. He has also been known as a harsh manager who will seek to fire people on the spot when they are not onboard with his way of thinking, including at one point disbanding his entire public relations team. Twitter was the first company to take action against former president Donald Trump for his tweets supporting Capitol rioters on Jan. 6, 2021, and engineering teams have spent years building tools to fight spam, disinformation and hate speech under an initiative known as healthy conversations. Some tweeted tear-filled emoji and memes of people having emotional breakdowns, while others told The Post they were too in shock to speak.

When Elon Musk offered to buy Twitter for $43 billion 10 days ago, the platform didn't welcome him with open arms. The Tesla and SpaceX CEO is in some ways ...

Among them is Ben Thompson, the writer of the popular newsletter Stratechery, who believes that Twitter should go private—even if that means a transformation engineered by Musk, which could mean less moderation and more acrimonious discourse, as well as a larger focus on subscriptions. Twitter’s board had to justify rejecting a generous offer, more than 10% above the company’s current stock price. On April 21, Musk said he has the funding to get this deal done quickly.

Twitter had originally enacted an anti-takeover measure known as a poison pill that could scuppor a takeover attempt by making it too expensive, but apparently decided to negotiate following an updated proposal from Mr Musk. The board apparently wants to ...

And she added: “Our concerns are not new. Start your Independent Premium subscription today. The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter’s stockholders,” said Bret Taylor, Twitter’s independent board chair. In a statement the company said that the deal had “been unanimously approved by the Twitter board of directors” and that it was expected to close in 2022, if approved by shareholders. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Mr Musk said in the company statement. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”

Twitter is gearing up to accept Musk's original $43 billion offer. Apparently he wasn't just trolling.

Musk first announced his offer to buy the social media company at around $54.20 per share on April 14. In premarket trading, they reached about $51.50 per share, but at the time of writing, had fallen to around $50.7. Although the deal is unconfirmed, both the Times and Reuters reported that sources tell them a deal could be finalized and made public later today. If Musk makes the purchase, Twitter would no longer be a publicly traded company, but instead, private. Important to point out though, it literally isn’t. The first amendment doesn’t protect anyone’s right to post on Twitter. Though Florida Governor, Ron DeSantis, seemingly doesn’t understand that. Any moment now, a deal between between Twitter’s 11-member board and Elon Musk could be announced.

Musk has led his companies to success through a variety of means. There are a few specific rules he rigorously enforces that have worked well for his ...

Musk has also made his belief in the free flow of information clear through other public means. As far as big meetings go, Musk believes that they’re largely a waste of time and that they should be infrequent. The rules, as detailed by Your Tango, often pertain to meetings, productivity and the free flow of information.

Turn of events comes days after the billionaire unveiled his $43 billion bid for the social-media company.

Mr. Musk said he sees no way Twitter management can get the stock to his offer price on its own, given the issues in the business and a persistent inability to correct them. Mr. Musk has indicated that if the current bid fails, he could sell his stake, which totals more than 9%. Mr. Musk already has said he is considering taking his bid directly to shareholders by launching a tender offer. The firm last bought Twitter shares in February and owns about 950,000 overall, which accounts for about 11% of its portfolio. “I’m not sure what that can be at this stage besides finding a higher bid," he said. Twitter had been expected to rebuff the offer, which Mr. Musk made April 14 without saying how he would pay for it, and put in place a so-called poison pill to block him from increasing his stake. Remove some to bookmark this image. The company is attempting to do so again at this year’s annual meeting set for May 25. He also pledged to solve the free-speech issues he sees as plaguing the platform and the country more broadly, whether his bid succeeds or not, they said. “He is the catalyst to deliver strong operating performance at Twitter." Minneapolis-based Thrivent has a roughly 0.4% stake in Twitter worth $160 million and is also a Tesla shareholder. The conversations between the two sides were expected to focus on issues including what Mr. Musk would pay should an agreed deal fall apart before being consummated. Assuming there isn’t a last-minute snag, the deal is expected to be announced after the market closes Monday, if not sooner.

Twitter employees reacted with shock and dismay Monday as a new reality sank in: Elon Musk - the world's richest man, free speech defender and strong critic ...

He also said his team would seek to better understand what Musk's "aspirations and ambitions might be" so that executives could figure out how to "best collaborate" with the new owner. "I don't know any non-engineer who works on health issues who sees how this helps," said a Twitter employee in an interview in response to questions about Musk's ownership, referring to the company's health division that enforces rules against harmful content such as hate speech and misinformation. In the town hall, Twitter executives and board chair Taylor acknowledged emotions were running high for people. The acquisition, which would rank among the largest-ever activist takeovers of a publicly traded company, would take the company private over the course of three to six months, executives said in the town hall. Twitter was the first company to take action against former president Donald Trump for his tweets supporting Capitol rioters on Jan. 6, 2021, and engineering teams have spent years building tools to fight spam, disinformation and hate speech under an initiative known as healthy conversations. On Twitter, in private messages and in interviews with The Washington Post, employees expressed fear about Musk's $44 billion takeover.

Longer term [tech stocks are] definitely still the space to be in for above-average growth and companies that can deliver exponential returns for ...

ALISHIA SECKAM: Yeah. Well we’ve got, like you say, a slew of big US tech companies [coming]. The highlight on the corporate calendar stateside this week is Microsoft and Google out today. Something like Twitter, for example, is an amazing idea and an amazing concept, if you think that people of any race, colour or creed can share and express a view, thought or opinion in a single place and in real time. That’s probably not going to change, particularly now that he, in theory, has the keys to the kingdom with regard to public discourse on a platform like Twitter. The sentiment toward that space has been very negative of late, and better results or better-than-expected results might help that. sometimes the people that make the biggest difference in the world, good or bad, tend to be a little different from the normal human being. At the end of the day he is a businessman. He’s been given the thumbs up by Jack Dorsey, the founder and previous CEO of Twitter, that he is the right guy for the job. He has a bit of a Midas touch and whatever he seems to touch turns to gold. The one thing about him is that he is a prolific user of the platform. As a fund manager, we’ve always considered it to fall in the bucket of a business that’s a great idea and an amazing concept, but not necessarily a good investment. He probably thinks that things aren’t being managed as well as they could be or should be, and I assume he has some ideas there to make things better. He has put a lot of money into this business now, and I’m sure he would like to turn a profit.

"Elon Musk [is] spending $43 billion to stop getting bullied on Twitter," one user wrote in the wake of the $44 billion acquisition.

"I make a the people forget about a my racial discrimination lawsuit!! Some Twitter users have discussed leaving the platform. They both still cant afford a good barber," likely referring to Jeff Bezos' bald head and Musk's often slightly disheveled appearance. I don't pay a the taxes!! "I buy a the Twitter for 41 a billion! Numerous Clubhouse rooms and Twitter Spaces popped up to discuss the news.

Since the announcement, people have been speculating what the changes to the platform could be, from the potential of adding an edit button, to the risk of ...

Read More Read More Read More Read More but the real impact be on how its run as a business and there Musk has a fantastic track record of proving that he can execute in business.Arthur Goldstuck, tech analyst for World Wide Worx Goldstuck believes that the biggest change will be to the business side of Twitter and how it is run.

Shortly after completion of the transaction, Jack en(Dorsey)ed the move, lauding Musk as the "singular solution" to his "biggest regret". "Twitter as a company ...

Will be interesting to see what— Mark Cuban (@mcuban) @elonmuskdoes and what he cares about. Deeply proud of our teams and inspired by the work that has never been more important." He followed up his tweet, saying: "My own answer to this question is probably not. They should be and could be doing a lot more. Solving for the problem of it being a company however, Elon is the singular solution I trust," he later added. They should be and could be doing a lot more. Will be interesting to see what @elonmusk does and what he cares about. He has some real interest expenses to pay.” Taking it back from Wall Street is the correct first step," Dorsey said in a tweet. Taking it back from Wall Street is the correct first step.— jack⚡️ (@jack) April 26, 2022 Twitter as a company has always been my sole issue and my biggest regret. "Twitter as a company has always been my sole issue and my biggest regret.

Mike Wills speaks to Anton Harber, Caxton Professor of Journalism at Wits University.

Scroll to the top of the article to listen to the interview. Twitter is a very powerful and important platform, and to have one man in a position to exercise power, that can decide whether Donald Trump, a former President and possible future presidential candidate can use the platform is concerning to me.Anton Harber - Caxton Professor of Journalism at Wits University Anton Harber, Caxton Professor of Journalism at the University of the Witwatersrand says Musk's Twitter takeover raises serious concerns.

Twitter's new owner Elon Musk says everyone will have a place on the platform—including those he doesn't like. Even so, one user suspects his days on the ...