Tag: twitter acquisition

Here you will find all the articles with the tag: twitter acquisition.

Elon Musk says he’s found a new CEO for Twitter

Elon Musk says he’s found a new CEO for Twitter

Elon Musk claims he will step down as CEO and already has a replacement waiting in the wings. The new CEO's name has not yet been revealed, although Musk referred to a "she" in the announcement. This person is expected to assume control at Twitter's parent company, X Corp., in the coming weeks. ... Read more

date11 months ago
Elon Musk now values Twitter at only $20 billion

Elon Musk now values Twitter at only $20 billion

The valuation is a far cry from the $44 billion Musk paid to buy the company. A report in the New York Times reveals that Elon Musk says Twitter is now worth about $20 billion (€18.5 billion). This is according to an email he sent the company’s employees on Friday. It represents a significan... Read more

date1 year ago
Elon Musk says he’ll “resign as CEO” of Twitter

Elon Musk says he’ll “resign as CEO” of Twitter

Elon Musk announced his intention to retire as CEO of Twitter in a tweet on Tuesday after a vote suggested most users want him to step down. Musk tweeted the statement in response to a poll started on Sunday. The CEO asked users whether he should step down. Most of the respondents (58 percent) w... Read more

date1 year ago
Twitter-Musk trial starts in October

Twitter-Musk trial starts in October

Elon Musk lost his request to delay the trial against Twitter over the €42 billion acquisition. As a result, the Twitter-Musk trial is set to square off in court in October. Elon Musk backs out from Twitter deal The CEO of Tesla, Elon Musk, lost his fight to delay the lawsuit Twitter starte... Read more

date2 years ago
Twitter takes Elon Musk to court after acquisition falls through

Twitter takes Elon Musk to court after acquisition falls through

Twitter is suing Elon Musk for cancelling the social media giant's acquisition. Twitter still wants to make things happen. Earlier this year, Elon Musk announced the intent to acquire Twitter for €43.5 billion ($44 billion). Twitter agreed to the deal. Recently, however, Elon Musk got cold fee... Read more

date2 years ago