Elon Musk

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Twitter's Stock Jumps as Deal With Elon Musk Draws Near

Multiple outlets say it could be announced on Monday

(Newser) - The story line around Elon Musk and Twitter continues to change quickly. News emerged overnight Sunday that talks between Musk and the social media company had gotten serious, after his initial proposal appeared to be rebuffed . Now the consensus in business coverage is that a deal is so close it...

There's Been a Big Shift in the Elon Musk- Twitter Talks

Now the social media company is said to be seriously considering his bid

(Newser) - Sources say Twitter's board is seriously considering Elon Musk's bid to purchase the social media company. Sources spoke to both the New York Times and the Wall Street Journal , and said the "turning point" came when Musk revealed he had $46.5 billion in financing to cover...

Ford's CEO Stakes Company Future on F-150 Lightning

The whole industry is transforming itself, but Tesla still dominates

(Newser) - The all-electric F-150 “Lightning” weighs 3 tons and does 0 to 60 in 4 seconds. If you’re Ford CEO Jim Farley, you know that because you have access to a test track, where you can catch air and hit 99mph in the home stretch just for fun. Like...

Elon Musk: Don't Be Offended by My Wealth. I Don't Spend It

Tesla CEO says he doesn't consume like a billionaire

(Newser) - If you begrudge Elon Musk his billions, take solace: He's not even spending all that money on himself. Like, not even on a villa, a mansion, or an apartment. USA Today reports the world's richest person talked about his $275 billion fortune in an interview with the head...

One Person Owning Twitter Worries Experts

On unregulated social media, Elon Musk's power would have few checks

(Newser) - The power of social media companies already concerns many, especially experts and some people in the industry. The platforms can influence what users believe and push them to do things they otherwise wouldn't, such as taking part in violent protests, said Shoshana Zuboff, a retired Harvard professor who wrote...

Most Trusted News Source Is ... the Weather Channel?
Most Trusted News Source
Is Bit of a Surprise
in case you missed it
Apr 16, 2022 2:05 PM CDT

Most Trusted News Source Is Bit of a Surprise

52% of Americans trust the Weather Channel in latest YouGov poll

(Newser) - When it comes to the weather, most of us are on the same side of things—or, at least we're all watching and believing the same reports. That's according to YouGov , a UK market research firm whose latest poll on the media found that the most trusted news...

In Response to Musk, Twitter Adopts 'Poison Pill'

Board adopts maneuver used to ward off hostile takeovers

(Newser) - It has the dry name of "a limited duration shareholder rights plan," per CNBC . But the layman's term for what Twitter's board just adopted is a "poison pill"—and the point is to at least temporarily fend off Elon Musk . The upshot of the...

Musk Clashes With Prince Over Twitter Takeover

He fires back after Saudi shareholder Prince Alwaleed bin Talal rejects takeover bid

(Newser) - In the latest twist in Elon Musk's quest to buy Twitter, the Tesla CEO is clashing with a billionaire Saudi prince. Musk fired back Thursday after Prince Alwaleed bin Talal, a major Twitter shareholder, said he rejects Musk's takeover bid, al-Jazeera reports. "I don't believe that...

Elon Musk: I&#39;m &#39;Not Sure&#39; I Can Actually Buy Twitter
One Option
for Twitter
on Musk:
'Poison Pill'
the rundown
Apr 14, 2022 1:24 PM CDT

One Option for Twitter on Musk: 'Poison Pill'

HIs surprise takeover offer generates a buzz, though Musk himself cast some doubt on it

(Newser) - On Thursday morning, Elon Musk offered to buy Twitter for $43 billion. Hours later, he said he's "not sure" he'd be able to pull off the deal, reports CNBC . Speaking at the Ted2022 Conference in Vancouver, the richest man in the world (with an estimated worth of...

Now Elon Musk Is Trying to Buy Twitter

Billionaire makes 'best and final offer,' with a bid to scoop up social media platform for $54.20 a share

(Newser) - Over the weekend, Elon Musk tweeted : "Is Twitter dying?" If it is, the SpaceX and Tesla CEO thinks he's the one who can save it, and he's opened up his wallet to make his "best and final offer." In a Thursday filing with the Securities...

Elon Musk's Twitter Saga Will Apparently Not End

Now he's being sued

(Newser) - Elon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his stake in the social media company so he could buy more shares at lower prices, the AP reports. The complaint in New York federal...

Elon Musk's Twitter Journey Takes Another Turn

He won't join the board after all, and shares were dropping on the news

(Newser) - Last week around this time, Twitter stock was soaring on news that Elon Musk was joining the board . This week, the exact opposite. In a surprise, the company said Sunday that Musk will not become a board member after all, reports CNBC . The company's shares fell about 8% overnight,...

Elon Musk Spitballs Ideas for Twitter
Elon Musk Spitballs
Ideas for Twitter
Apr 11, 2022 12:10 AM CDT

Elon Musk Spitballs Ideas for Twitter

And polls his followers about converting Twitter HQ into shelter

(Newser) - As Twitter’s newest board member and largest shareholder, Elon Musk is already floating suggestions for changes he’d like to see on the social media platform. In a series of tweets late Saturday, the Tesla and SpaceX CEO said that the company should include an "authentication checkmark" as...

Will Musk Try to Get Trump Back on Twitter?

It seems unlikely at this point; meanwhile, company plans a Musk Q&A with employees

(Newser) - The big news out of Silicon Valley this week is that Elon Musk grabbed a 9% stake in Twitter and is joining the board . The group that appears to be most nervous about these developments? Current Twitter employees, reports the Washington Post . After a host of concerns were raised internally...

Elon Who? Twitter Looking Into Edit Button

Company announces testing will start in months, but not because of that new board member

(Newser) - Elon Musk, Twitter's newly minted biggest shareholder and board member , posted a poll Monday asking whether users wanted the social network to add the option to edit tweets. (The poll options were "yse," currently leading with 73.6% of the vote, and "on.") Twitter...

Meet the 10 Richest People in the World

You know many of them already, including Elon Musk at No. 1, per 'Forbes' annual billionaires ranking

(Newser) - If Forbes is trying to make us feel bad for the world's billionaires, it's not really working. The magazine notes that, collectively, this group is now worth $400 billion less than they were a year ago, thanks to the ongoing pandemic, tepid markets, and war—but 1,000...

Twitter's Elon Musk Response May Be a Strategic Move

Company puts him on the board, which limits how much stock he can own

(Newser) - Elon Musk is joining Twitter's board of directors a day after disclosing that the Tesla CEO took a 9% stake in the social media platform. Twitter Inc. said in a regulatory filing Tuesday that it entered into an agreement with Musk that will give the billionaire a seat on...

Guess Who Is Now the Biggest Shareholder of Twitter

Elon Musk buys a 9% stake in the company, though it's not clear what he's up to

(Newser) - Last week, Elon Musk publicly roasted Twitter and floated the idea of creating his own rival platform. On Monday comes word that Musk has acquired a massive stake in, yes, Twitter, reports the Wall Street Journal . The Tesla CEO disclosed in a securities filing that he picked up more than...

Elon Musk: I Might Create a Social Media Platform

He is conducting a poll on Twitter related to the idea

(Newser) - Does the world need another social media platform? Elon Musk says he's giving "serious thought" to the idea of creating one, reports Bloomberg . As part of the notion, Musk is conducting a poll on Twitter that asks: “Free speech is essential to a functioning democracy. Do you...

Musk Revises Prediction for Mars Landing

2029, SpaceX CEO estimates this time

(Newser) - Elon Musk has been saying all along that he considers a trip to Mars possible relatively soon. In 2016, he told 100,000 people at the International Astronautical Congress in Guadalajara, Mexico, that he wanted to build a rocket that could take people there and help maintain a city on...

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