The long running saga of Elon Musk buying Twitter and turning it back into a private company took a new twist, with the Tesla CEO now reported to be going ahead with the sale. via Qai_Invest
His comments were widely met with a mixture of mockery and disdain, including from high profile figures such as Ukrainian President Volodymyr Zelenskyy, senior Ukrainian ambassadors and chess grandmaster turned anti-Putin campaigner Garry Kasparov.This Twitter storm was raining down on Monday, and then on Tuesday Elon Musk’s lawyers filed papers with the court confirming that he would be buying Twitter after all. Probably nothing.
for access to AI-powered investment strategies. When you deposit $100, we’ll add an additional $100 to your account.It was back in April that Elon Musk had an offer accepted to purchase Twitter outright. As a publicly traded company, the takeover bid needed to reach approval from shareholders, which it did at a price of $54.20 per share.
Elon Musk alleged that the number of fake accounts on Twitter were much higher than he had originally been led to believe. According to Musk, he requested detailed information on these so-called ‘bots’, but wasn’t satisfied with the response from the company. In Musk’s view, it had. In Twitter’s view, it hadn’t. As is so often the case in corporate America, the question ended up in a courtroom.Casual observers have been given some fascinating insights into the behind the scenes workings of the billionaire club. As part of the discovery process for the lawsuit, a number ofbetween Musk, Twitter and Square founder Jack Dorsey and Twitter CEO Parag Agrawal and a number of influential investors.
The discussion with Parag Agrawal was less polite. After some initial friendly back and forth, the conversation turned sour when Musk published a tweet asking his followers “Is Twitter dying?” So far we don’t know much, much Musk has touched on this briefly in the past. The vision appears to be an all-in-one app that includes social media, payment services, food delivery, text messaging, gaming and video conferencing.like WeChat in China, Grab in Singapore and PayTM in India show that the demand is there if the product is right.
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