Twitter Isn’t a Company Anymore

  • 📰 Slate
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

You might be surprised to learn that Twitter Inc. “no longer exists,” according to the company formerly known as Twitter Inc.

, Twitter would merge with X Holdings II, but keep its name and general corporate structure while continuing to operate under Delaware law. X Holdings I, controlled by Musk, would then serve as the merged entity’s parent company, while X Holdings III would take on the $13 million loan that a group of big banks provided Musk to help cover the $44 billion purchase. Here’s where things get interesting.

, while X Holdings III handles the cash. The Nevada filings show this exact arrangement is no longer in efect.According to the Nevada secretary of state’s online business portal, Elon Musk registered two new businesses in the state on March 9: X Holdings Corp., and X Corp. Then, on March 15, Musk applied to merge those Nevada businesses with two of his existing companies: X Holdings I with X Holdings Corp., and Twitter Inc. with X Corp.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Twitter is censoring..... Shame on them

The social media platform formerly known as 'Twitter'?

But I’m not surprised SLATE sucks

galileocheng Such nonsense.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 716. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter Landlord Unhappy With Elon's Naughty Change to Company SignElon Musk has chosen to white out the 'W' on the Twitter HQ sign in San Francisco — and his landlord, apparently, isn't exactly thrilled.
Source: futurism - 🏆 85. / 68 Read more »

PepsiCo exec on how to encourage tech transformation within a companyWith over two decades of technology implementation experience, Kanioura shared insight into how companies — big or small — can strategically implement new tools internally. Presented by sapbtp.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why I Turned Down an 'HR for Happiness' Role in a Top Software Company | HackerNoonOnce you go remote, you don’t want to get back on the office boat. - remotework workingfromhome
Source: hackernoon - 🏆 532. / 51 Read more »