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"elon-musk"

  • Elon Musk says for Twitter to deserve public trust, it must be politically neutral

    Washington: Days after Tesla Chief Elon Musk take control over Twitter, he said that for the microblogging site to deserve public trust, it must be politically neutral. “For Twitter to deserve public trust, it must be politically neutral, which effectively means upsetting the far right and the far left equally,” Musk tweeted. Twitter on Monday […]
  • Twitter soars after commentariat scents imminent Musk takeover

    New York: Shares of Twitter, arguably the worlds most influential social media platform, jumped after the Wall Street Journal reported that the company is nearing a deal with Elon Musk, the worlds richest man, and that the announcement could come as soon as Monday night. Earlier this month, Musk offered to buy Twitter for $54.20 […]
  • Elon Musk reaches an agreement to acquire Twitter for $44 billion

    San Francisco: Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion, the company said. The outspoken Tesla CEO, the world’s wealthiest person, has said he wants to buy Twitter because he thinks it’s not living up to its potential as a platform for “free speech.” He says it needs to […]
  • Twitter ‘inching closer’ to finalise $46.5 billion deal with Elon Musk

    Washington: Twitter’s board is negotiating with CEO Elon Musk over his bid to buy the social media platform and a deal could be announced as early as Monday, according to media reports. Twitter and Musk negotiated into the early hours Monday over his bid to buy the social media platform, The New York Times reported, […]
  • Elon Musk aims to build high-speed hyperloop project

    San Francisco: Tesla CEO Elon Musk on Monday announced that its modern urban transport venture called The Boring Company will aim to build a high-speed hyperloop in the coming years. The Boring Company, a project to build underground highways to alleviate traffic congestion, last week raised $675 million in its Series C round, taking its […]
  • Twitter pops in poison pill to stop Musk from acquiring it

    Hyderabad: SpaceX Founder Elon Musk has been investing in micro-blogging platform Twitter. Currently, he has a little over nine per cent. Despite this, he is still a minority stakeholder. Musk said the listed Twitter should go the private way to support free speech. He offered to buy 100 per cent of it for $54.20 per […]
  • Why Bhavish Aggarwal won’t invite Elon Musk to Ola FutureFactory?

    Krishnagiri: Bhavish Aggarwal will not invite Elon Musk to his state-of-the-art, electric two-wheeler manufacturing facility here as the Ola Founder and CEO feels that when India becomes a global hub for electrification, Tesla CEO will have no choice but to come to the country. Aggarwal said that not one company has the right or the […]
  • Musk’s Boring Company raises $675 million to scale Loop projects

    San Francisco: Tech billionaire Elon Musk’s Boring Company has raised $675 million in the Series C round, bringing its valuation up to $5.7 billion. Boring Company is Musk’s project to build underground highways to alleviate traffic congestion. The round was led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, […]
  • Editorial: Paradox of being Musk

    When the world’s richest person goes shopping, one would expect that all the things that are desired would find a place in the shopping cart. But it’s a delicious irony that the world appears to be conspiring against its richest person, Elon Musk, to prevent him from buying Twitter, the popular microblogging site. It only […]
  • Twitter board must be concerned about other bidders not me: Elon Musk

    San Francisco: Tesla and SpaceX CEO Elon Musk on Sunday said that the Board of Twitter should be more concerned about other potential bidders than him who has made a fair offer to acquire 100 per cent of the micro-blogging platform for $43 billion. He was reacting to a follower who said that the Twitter […]
  • Twitter’s edit feature may keep digital traces of earlier tweets

    New Delhi: Twitter is working on the edit button, as requested by its users as well as Tesla CEO Elon Musk, but the micro-blogging platform is reportedly going to keep a digital trace of your earlier tweets. App researcher and reverse engineer Jane Manchun Wong said in a tweet that the edit button may have […]
  • Elon Musk may bring wealthy partners to acquire Twitter

    San Francisco: As Twitter adopts the ‘poison pill’ strategy to stop Elon Musk from forcefully buying it, the Tesla CEO is reportedly speaking to investors who could partner with him on acquiring the micro-blogging platform. According to a report in The New York Post citing sources, “a new plan that includes partners could be announced […]
  • Twitterati asks Musk to buy Sri Lanka instead of Twitter for $43bn

    New Delhi: Twitter users want Tesla CEO Elon Musk to acquire Sri Lanka instead of the microblogging site for $43 billion, as the country faces its worst economic crisis since its Independence. Many users on the platform shared their views and asked the tech billionaire to bail out the debt-ridden country. “Elon musk, if you […]
  • Twitter considering ‘poison pill’ strategy to fight back Elon Musk

    San Francisco/New Delhi: Treating Elon Musk’s $43 billion offer to buy Twitter as an “unwelcome” step, the board of the company is reportedly considering a “poison pill” strategy to make it more difficult for Musk to acquire a larger stake in the micro-blogging platform and avoid a hostile takeover. According to The Information, Twitter’s board […]
  • Mercedes-Benz EV threatens Tesla with record 1,000 KM on single charge

    New York/London: In a strongest challenge to Elon Musk’s Tesla in the electric vehicle (EV) market, Mercedes-Benz has unveiled its long-range ‘Vision EQXX’ concept car that travelled over 1,000 kms on a fully charged battery — longest-ever distance covered by an EV on a single charge to date. According to the automaker, the journey from […]
  • Musk spars with major Saudi investor Talal over Twitter takeover offer

    San Francisco/New Delhi: Tesla and SpaceX CEO Elon Musk on Friday took a jab at Saudi Prince Alwaleed bin Talal, a major Twitter investor who rejected Musk’s hostile offer to acquire 100 per cent of the micro-blogging platform for $43 billion. Questioning Saudi Arabia’s own media laws, Musk tweeted: “Just two questions, if I may. […]
  • Twitter will follow ‘rigorous’ process on Musk offer: Parag Agrawal

    San Francisco: After Elon Musk made a hostile bid to acquire Twitter for nearly $43 billion, its Indian-origin CEO Parag Agrawal has tried to convince employees that the micro-blogging platform would follow a “rigorous process”. In a meeting with employees late on Thursday, Agrawal said the board is still evaluating Musk’s offer and will make […]
  • Elon Musk offers to buy Twitter for USD 41 billion 

    Washington: Billionaire and Tesla CEO Elon Musk on Thursday offered a “best and final” bid to purchase 100 per cent of microblogging site Twitter for USD 41.39 billion with $54.20 per share in cash. The world’s richest man made the offer in an updated 13D filing on Thursday and follows an announcement by Twitter that […]
  • Twitter investor sues Elon Musk for hiding his stake

    San Francisco: A Twitter investor has sued Tesla and SpaceX CEO Elon Musk for failing to disclose his stake in the micro-blogging platform as sought by the US laws. The lawsuit has been filed in Manhattan federal court by Marc Bain Rasella on behalf of “all investors who sold or otherwise disposed of Twitter, Inc. […]
  • Elon Musk may remain engaged in Twitter strategy ‘without limitation’

    San Francisco: Tech billionaire Elon Musk would not be joining Twitter’s Board of Directors but he may still engage with the social media company’s management on a variety of discussions, an amended regulatory filing with the US Securities and Exchange Commission (SEC) has clarified. According to Teslarati, the Tesla and SpaceX CEO would be able […]
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