elon musk Elon Musk Pushes Twitter Toward a WeChat-Style Everything App Elon Musk indicates his planned acquisition of Twitter serves as an accelerant for "X," an everything app modeled after China's WeChat. However, regulatory and cultural differences make this super app model difficult to replicate in the United States.
elon musk Judge Grants Musk Brief Delay to Close Twitter Acquisition A Delaware judge gives Elon Musk until October 28 to finalize his $54.20 per share purchase of Twitter. Twitter strongly opposes the delay, accusing Musk of seeking further mischief after previously trying to back out of the deal.
apple Apple Event and YC Demo Day Collide in a Busy Tech Week This week's biggest tech news centers around Apple's new hardware releases and Y Combinator's latest Demo Day pitches. Other major stories include ongoing legal battles in the Elon Musk and Twitter acquisition saga.
elon musk Elon Musk Sells Nearly $7 Billion in Tesla Stock Ahead of Twitter Deal Deadline Tesla CEO Elon Musk sells 7.9 million shares worth $6.9 billion to prepare for a potential emergency closure of his $44 billion Twitter acquisition. Musk promises to buy back the Tesla shares if the social media deal falls through.
twitter Former Twitter Employee Convicted of Spying for Saudi Government A federal jury convicts a former Twitter media partnership manager of spying on and leaking user data to Saudi Arabia. The defendant faces up to 20 years in prison for his role in the international surveillance scheme.
twitter Former Twitter Employee Convicted of Spying for Saudi Government A federal jury convicts a former Twitter media partnerships manager of spying and wire fraud for sharing user data with Saudi Arabia. The case highlights the extreme risks faced by critics of the Saudi regime on social media platforms.
elon musk Elon Musk Sells Nearly $7 Billion in Tesla Shares Amid Twitter Deal Uncertainty Tesla CEO Elon Musk sells 7.9 million shares worth $6.9 billion to prepare for a potential emergency Twitter acquisition. Musk states he will buy back the Tesla stock if the social media deal falls through.
twitter Twitter Sues Elon Musk to Force Completion of $44 Billion Acquisition Twitter files a lawsuit in Delaware Court of Chancery to compel Elon Musk to honor his binding merger agreement. The company accuses Musk of material breaches and repudiation after he attempts to walk away from the deal.
twitter Twitter Sues Elon Musk to Enforce $44 Billion Acquisition Agreement Twitter files a legal complaint in Delaware Court of Chancery to force Elon Musk to complete his agreed-upon acquisition of the social media platform. The company accuses Musk of material contractual breaches and repudiating the deal simply because it no longer serves his personal interests.
twitter Twitter Sues Elon Musk to Force Completion of $44 Billion Buyout Twitter files a lawsuit against Elon Musk, accusing the billionaire of acting in bad faith to back out of his $44 billion acquisition deal. The social media company seeks a court order to compel Musk to honor the binding agreement.
twitter Twitter Sues Elon Musk to Force $44 Billion Buyout Completion Twitter files a lawsuit against Elon Musk in Delaware court to enforce the original $44 billion merger agreement after Musk attempts to terminate the deal.
elon musk Musk Moves to Abandon $44 Billion Twitter Acquisition Elon Musk officially notifies Twitter that he is terminating his $44 billion buyout agreement over disputes regarding spam account data. Twitter's board chair states the company plans to take legal action to enforce the original deal.
elon musk Elon Musk Uses Bot Claims to Challenge Twitter Acquisition Elon Musk claims spam and fake accounts make up a massive portion of Twitter's user base, threatening to walk away from his $44 billion buyout deal if the company cannot prove otherwise.
elon musk Elon Musk Outlines Wild Vision for Twitter in First Staff Meeting Elon Musk tells Twitter employees he wants to reach a billion daily users and potentially charge for verified accounts. The meeting leaves the actual status of his $44 billion acquisition deal unclear.
elon musk Elon Musk Becomes Top Twitter Shareholder With $2.89 Billion Stake Elon Musk acquires a 9.2 percent stake in Twitter worth nearly $3 billion, causing the company's stock to skyrocket by 27 percent. The purchase makes the Tesla CEO the social media platform's largest shareholder.