#Elon Musk says Twitter deal ‘temporarily on hold’

#Elon Musk says Twitter deal ‘temporarily on hold’

“Elon Musk says Twitter deal ‘temporarily on hold’” Elon Musk said on Friday he was putting a temporary halt on his much-anticipated deal to buy Twitter for $44 billion, sending shares in the social media giant plummeting. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5%…

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#Two Twitter execs ousted as Elon Musk takeover looms

#Two Twitter execs ousted as Elon Musk takeover looms

“Two Twitter execs ousted as Elon Musk takeover looms” Twitter has ousted two top executives — with both of them tweeting they were fired on Thursday — as the social media giant edges closer to being acquired by Tesla CEO Elon Musk. Kayvon Beykpour, the company’s general manager, and Bruce Falck, Twitter’s head of revenue,…

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#Elon Musk looks to scrap Tesla loan with Twitter funding: report

#Elon Musk looks to scrap Tesla loan with Twitter funding: report

“Elon Musk looks to scrap Tesla loan with Twitter funding: report” Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter to negate the need for a $6.25 billion margin loan linked to his Tesla shares, Bloomberg Law reported on Thursday. The billionaire’s advisers, led by Morgan Stanley, have begun soliciting…

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#Jack Dorsey not interested in being Twitter CEO again

#Jack Dorsey not interested in being Twitter CEO again

“Jack Dorsey not interested in being Twitter CEO again” Jack Dorsey is shutting the door on the possibility that he will return as CEO of Twitter once Tesla boss Elon Musk completes his $44 billion takeover. “Nah, I’ll never be CEO again,” Dorsey tweeted on Wednesday in response to a comment from YouTuber Charles Wieand,…

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