Elon Musk sells Tesla shares worth $4 bn after Twitter deal
The Tesla chief had said in August that he won't sell more of the company shares to fund the Twitter deal.
The Tesla chief had said in August that he won't sell more of the company shares to fund the Twitter deal.
Twitter to soon revise its user verification process. Blue Tick may also come at a cost now.
The terms of the deal say Elon Musk must shell out over $100 million in severance and other benefits to CEO Parag Agrawal and other top officials as they are covered by a "golden parachute" clause.
In a video posted on Twitter, Musk can be seen chuckling and carrying a sink as he enters the Twitter office, saying "Entering Twitter HQ – let that sink in!".
Musk sent 3rd deal termination notice to Twitter on September 9; shareholders have now given the green light to pursue his parties in court.
Unlike other social media platforms like Meta, Instagram and LinkedIn, Twitter so far had no edit option so users had to delete the tweet in case they wanted to make any changes to it.
The former security chief at Twitter says the company gives priority to user growth over fake accounts and that around half of Twitter's servers are out of date
Billionaire Elon Musk says he sold Tesla shares to avoid an emergency sale in case he’s forced to close the Twitter deal and equity partners don't come along
The microblogging platform says the termination of the deal is invalid because Elon Musk has “knowingly, intentionally, willfully, and materially” breached the pact
Twitter is actively 'resisting and thwarting' Elon Musk's information rights under the merger agreement, says his attorney.