Elon Musk cuts down Twitter verification fee to $8

Elon Musk, the sole director of Twitter, has announced a slash of the Twitter verification fee from $20 per month to $8 per month. Musk made this known in a series of tweets on Tuesday. The billionaire rolled out the benefits of owning a paid verified handle as a priority in replies, mentions and searches, … Continue reading Elon Musk cuts down Twitter verification fee to $8

What Facebook and Twitter did to help Biden administration sensor social media contents

Photo by Pixabay on Pexels.com Social media giants essentially granted government officials the ability to censor and suppress speech in the name of fighting “misinformation,” by providing them direct access to flag posts and an open line of communication with senior executives, according to a report by The Intercept. The outlet found that the short-lived … Continue reading What Facebook and Twitter did to help Biden administration sensor social media contents

‘Golden parachutes’ worth $122m available for fired Twitter executives

Photo by Pixabay on Pexels.com Three top executives of Twitter Inc fired by new owner Elon Musk stand to receive separation payouts totaling some $122 million, research firm Equilar said on Friday. Musk fired Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal, and legal affairs and policy chief Vijaya Gadde, according to people familiar … Continue reading ‘Golden parachutes’ worth $122m available for fired Twitter executives

Space X to sustain Starlink funding for Ukraine – Elon Musk

Elon Musk said Saturday his rocket company, SpaceX, would continue to fund its Starlink internet service in Ukraine, citing the need for 'good deeds,' a day after he said it could no longer afford to do so. Musk tweeted: 'the hell with it ... even though starlink is still losing money & other companies are … Continue reading Space X to sustain Starlink funding for Ukraine – Elon Musk

Elon Musk cites whistleblower revelations in new filing to scrap Twitter deal

Elon Musk made a fresh filing to terminate his Twitter deal, citing new revelations from the platform’s former security boss about major security gaps and misleading account data, a document made public Tuesday showed. In their filing to the Securities and Exchange Commission, Musk’s lawyers said the information recently provided by whistleblower Peiter Zatko illustrated … Continue reading Elon Musk cites whistleblower revelations in new filing to scrap Twitter deal

Why Elon Musk is abandoning Twitter

As Elon Musk fights a lawsuit from Twitter asking him to complete the takeover, he has called for the dismissal of a shareholder lawsuit against him for cancelling his multibillion-dollar buyout deal and subpoenaing the social media company's former CEO. The moves come in response to Musk's sudden announcement in July that he would leave … Continue reading Why Elon Musk is abandoning Twitter

ECOWAS slams Twitter for banning Nigeria

The Community Court of Justice of the Economic Community of West African States (ECOWAS) has in a strong judgment, ruled that Nigeria’s ban on Twitter, a microblogging platform, was unlawful and inconsistent with the African Charter and the International Covenant on Civil and Political Rights. The judgment, which was handed down on Thursday, stated that the … Continue reading ECOWAS slams Twitter for banning Nigeria

Why did Elon Musk get cold feet on Twitter?

Elon Musk's offer to buy Twitter was initially met with resistance. In fact, Twitter evoked a "poison pill" provision to stop Musk from forcibly buying the company. Eventually the company accepted the offer - a deal that Musk greeted with a one word tweet. "Yesss!!!" https://twitter.com/elonmusk/status/1518677066325053441?s=20 A few weeks later though, Mr Musk appeared to … Continue reading Why did Elon Musk get cold feet on Twitter?

Can a legal action force Elon Musk to buy Twitter for $44 billion?

Twitter is vowing to sue Elon Musk in order to force a close of his deal to acquire the company. "The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement," the company said in a press … Continue reading Can a legal action force Elon Musk to buy Twitter for $44 billion?

Read Elon Musk’s letter to Twitter calling off his $44 billion takeover deal

Elon Musk's lawyers told the Securities and Exchange Commission (SEC) that he was terminating his offer to buy Twitter. Musk said in April he would pay $44 billion for the social media platform. Read the letter in full. Elon Musk has abandoned his deal to acquire Twitter for $44 billion in a letter filed by … Continue reading Read Elon Musk’s letter to Twitter calling off his $44 billion takeover deal

Elon Musk threatens to end Twitter deal

Tesla CEO may terminate his $44 billion buyout because the social media giant is withholding data on fake accounts Billionaire entrepreneur Elon Musk has warned Twitter's board of directors that he may back out of a deal to buy the social media platform for $44 billion because the company hasn't been forthcoming with information on … Continue reading Elon Musk threatens to end Twitter deal

Why Trump won’t be back on Twitter even with Elon Musk as new owner

The 45th US President Donald Trump has no intention of coming back to Twitter, even after the platform's acquisition by Tesla and SpaceX founder Elon Musk that was announced on Monday. Trump told Fox News he will instead make his social media comeback on TRUTH Social, his own platform, in the coming days. "I am not going … Continue reading Why Trump won’t be back on Twitter even with Elon Musk as new owner