Tag Archives: elon

The world’s richest man, Elon Musk has said he would reduce his time at Twitter and eventually find a new CEO to run the social media company, adding that he hoped to complete an organizational restructuring this week. Musk made the remarks while testifying in a Delaware court on Wednesday, …

Elon Musk says Twitter users engaging in impersonation without clearly specifying it as a parody account will be permanently suspended. Twitter previously issued a warning before suspending accounts, but there would now be no warning, he announced. A number of accounts that changed their name to Elon Musk and mocked …

Two Kenyan lawyers who are also politicians have taken a swipe at Twitter owner, Elon Musk, over plans to bill users with the blue tick – i.e. the verification mark. The first to have a go at Musk was lawyer Miguna Miguna, who responded late Tuesday, November 1, to Musk’s …

New Twitter boss Elon Musk has disbanded the microblogging platform’s board of directors and taken sole control, according to a securities filing on Monday. All nine members of the board of directors have given up their posts. Musk appointed himself the only new director so far. After months of back …

South African-born Elon Musk has completed his $44 billion deal to buy Twitter, a source familiar with the deal told CNN Thursday, putting the world’s richest man in charge of one of the world’s most influential social media platforms. Musk fired CEO Parag Agrawal and two other executives, according to …

Elon Musk has launched legal action to summon Twitter co-founder Jack Dorsey to appear in court as part of his legal battle with the tech company. Mr Musk is seeking to end his $44bn deal for Twitter after alleging the firm failed to provide enough information on fake account numbers. …

Tesla boss Elon Musk has sold another 7.92 million shares in the electric car maker, worth around $6.88bn (£5.7bn). The sales took place after the firm’s annual shareholder meeting last week, regulatory filings show. Mr Musk says he needs the money in case he is forced to buy Twitter for …

Twitter has taken billionaire Elon Musk to court to try to force him to buy the social media firm, setting up a legal battle with the world’s richest man. It comes after Mr Musk announced he was walking away from his proposed $44bn (£37bn) takeover of Twitter on Friday. He claimed Twitter …

Elon Musk is seeking to end his $44bn (£36bn) bid to buy Twitter, alleging multiple breaches of the agreement. The announcement is the latest twist in a long-running saga after the world’s richest person decided to buy Twitter in April. Mr Musk said he had backed out because Twitter failed …

A Twitter investor is suing Elon Musk and the social media platform over the handling of the billionaire’s $44bn (£34.9bn) bid for the company.  The case alleges he violated California corporate laws in a number of ways. It accuses the Tesla boss of “wrongful conduct” as his “false statements and …