Twitter Inc is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc has called his "best and final" offer for the social media company, people familiar with the matter said.
Twitter Inc. is coming under increasing pressure from its shareholders to negotiate with Elon Musk even though the world's richest person has called his $43 billion bid for the social media platform his best and final offer, people familiar with the matter said on Sunday.
Shark Tank investor Kevin O’Leary praised Tesla CEO Elon Musk’s bid for left-wing platform Twitter, ripping the company for censoring views and board members for being ineffective and in need of firing.
Entrepreneur Elon Musk, the world’s richest man who is worth more than a quarter of a trillion dollars, appears to have slightly shifted his strategy in his attempt to buyout Twitter and take the company private, according to a new report.
Following calls from shareholders for more transparency on the effects of company policy, Amazon will be conducting a “racial-equity audit” of its hourly workers led by former Attorney General Loretta Lynch.
As Elon Musk, CEO of SpaceX and Tesla, is seeking to buy Twitter, he announced that if his bid succeeds and he takes over ownership of the social media giant, board members will not be paid anything.