Twitter confirms sale of company to Elon Musk for $44 billion

  • 📰 thejournal_ie
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Social media giant Twitter has confirmed that the company has been sold to Elon Musk for $44 billion

Alamy/ZUMA Press Wire Image: Alamy Stock Photo Alamy/ZUMA Press Wire Image: Alamy Stock Photo Updated 15 minutes agoThe agreement was a dramatic shift for the board, which had originally maneuvered to block Musk from taking the social media network private.“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a joint release announcing the takeover.

This is a 38% increase on the share prices the day after Musk announced that he had taken a 9% stake in Twitter. The sale was unanimously approved by Twitter’s Board of Directors just days after they had adopted a “poison pill” defence against Musk’s proposal to take over the company. Musk had previously said last Thursday that he had secured close to $46.5 billion to finance the acquisition, but also that he planned to appeal directly to the company’s shareholders as he looks to take over the social media platform.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Free speech is back ..

Freedom of speech is back Brilliant

BringBackTrump

Thoughts & prayer for Twitter page hahaha

I would think this is a case of do not count your chickens until they have hatched, Elon Musk is a member of the WEF so it is early days yet, you might think free speech but at what cost.

Congrats the African American Tusk

He's banning bots, msn is in trouble

Suddenly leftist lunatics all around the world started to demand 'closing' Twitter and spending all this $44 billion to solve global problems like poverty, racism, and gender inequality XD

Well I'll give it 2 years till he loses the lot...

Fuck!

So yet another oligarch controlled communications giant. A toxic Murdoch clone controlling minds, behaviour and the public discourse. Grim.

Today is a bad day for people who hate free speech.

Poor Journal. A purely factual news report. No biased opinion injected, it feels so hollow. You will be fine, Journal staff. You are right to remain as calm as possible. You can get back to your usual style of reporting once you have processed this devastating news.

Great news for Twitter

A magnificent day

Ah great, ffs

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 32. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Elon Musk meets Twitter executives as company considers deal | Business PostSocial media giant now ‘more open’ to discussing billionaire’s takeover offer
Källa: businessposthq - 🏆 8. / 71 Läs mer »

Elon Musk and Twitter in ‘final stretch of negotiations’ | Business Post$43 billion sale of social media company ‘could be agreed today’
Källa: businessposthq - 🏆 8. / 71 Läs mer »