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New York: Elon Musk, still the world’s richest man, is poorer by nearly $39 billion since he spoke of buying out Twitter. Irony. At $231 billion of worth on the Forbes Real Time Billionaires Index at close of play on Friday, only part of Musk’s losses are because of his still single-digit ownership of Twitter. Most […]
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San Francisco: Amid the high voltage drama happening ever since Elon Musk’s $44 billion acquisition deal announcement at micro-blogging site Twitter, CEO Parag Agrawal has now said that he expects the deal to close, but “we need to be prepared for all scenarios”. The statement by the CEO comes hours after Musk, in a series […]
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Washington: Twitter shares tumbled around 20 per cent in the pre-market trading on Friday after billionaire Elon Musk declared that the $44 billion takeover bid of the micro-blogging site is on hold. Musk tweeted that the takeover of Twitter Inc is temporarily on hold due to the calculation of fake accounts in it. “Twitter deal […]
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San Francisco/New Delhi: In a stunning post, Tesla CEO Elon Musk on Friday said that he has put the $44 billion Twitter deal temporarily on hold till he gets to know how many fake or spam accounts are present on the micro-blogging platform. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do […]
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San Francisco: Parag Agrawal has shaken up Twitter, including firing consumer product leader Kayvon Beykpour and head of revenue product Bruce Falck, as the micro-blogging platform gets ready for Elon Musk’s $44 billion acquisition to close later this fall. In a memo sent to employees, Agrawal said there is a hiring freeze now and Twitter will […]
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Detroit: Shares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform. Of the two, Musk’s electric vehicle company has fared worse, with its stock down almost 16% so far this […]
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New Delhi: Jack Dorsey has categorically said that he will never be the CEO of Twitter again, as reports of him rejoining the micro-blogging platform surfaced after the $44 billion takeover by Tesla CEO Elon Musk. Dorsey, who is now running financial payments platform Block (earlier Square), also said that no one should be the […]
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Hyderabad: Yash Raj Films partnered with Twitter to celebrate Ranveer Singh’s upcoming comedy ‘Jayeshbhai Jordaar’ which is slated to release on May 13. On Wednesday morning, the actor brought his ‘jordaar’ personality exclusively to Twitter and took over the Twitter Movies (@TwitterMovies) account to engage with his fans worldwide. He became the first Bollywood celebrity […]
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San Francisco: Tech billionaire Elon Musk expects Twitter to earn almost $10 billion in revenue from subscriptions by 2028, a projection that doubles the $5 billion in total revenue the platform made last year, as per a report from The New York Times. In a pitch deck viewed by the Times, Musk gave investors a […]
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San Francisco: Tesla CEO Elon Musk has warned that Twitter staff may face ‘extreme’ workloads if he takes over the micro-blogging platform. While replying to an earlier tweet he shared about his plans for the micro-blogging site, he mentioned that he will still graft even harder than them to make the firm a success. “Also, […]
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Washington: American billionaire Elon Musk, the founder of electric car-making company Tesla and spacecraft manufacturing company SpaceX, intends to quintuple Twitter’s annual revenue to USD 26.4 billion by 2028, media reported on Saturday. The New York Times cited Musk’s pitch deck presented to investors as saying that he would quintuple Twitter’s revenue to USD 26.4 […]
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San Francisco: A judge has reportedly dismissed a lawsuit by former US President Donald Trump seeking to lift his ban from Twitter. But, San Francisco federal district court Judge James Donato left the door open for Trump and other plaintiffs to file an amended complaint against Twitter that is consistent with his written decision to […]
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San Francisco: Tesla CEO Elon Musk has revealed that Twitter will focus deeply on hardcore software engineering, design, and more, following the completion of the acquisition of the micro-blogging site. The Tesla CEO also mentioned that he strongly believes that all managers in a technical area “must be technically excellent”. “If Twitter acquisition completes, the company […]
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San Francisco: Despite a strong track record with his other business ventures, tech honcho Bill Gates said that Tesla and SpaceX CEO Elon Musk could potentially make the micro-blogging site Twitter a ‘worse’ platform. According to CNN, Gates sounded a note of caution on Musk’s $44 billion takeover deal of Twitter, saying Musk “actually could […]
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San Francisco: Micro-blogging site Twitter has announced that Spaces hosts and co-hosts can now have access to analytics on both iOS and Android platforms. The micro-blogging site said that it is also making it easier for users to follow Spaces hosts. “Hosts and co-hosts on iOS and Android will now have access to analytics like […]
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New Delhi: India’s Permanent Representative to the UN, T.S. Tirumurti engaged in a Twitter spat with the Dutch Ambassador to the UK and Northern Ireland, Karel van Oosterom over New Delhi’s abstention from voting at the General Assembly against Russia’s war in Ukraine. In a tweet late Thursday, Oosterom said: “You should not have abstained […]
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San Francisco: In a bid to make the platform more user-friendly, micro-blogging site Twitter is reportedly working on new features, including mixed-media tweets and more. According to 9To5Google, this week, Twitter for Android has revealed support for adding both pictures and videos to the same tweet, hints at tweet “awards” and more. The report mentioned that […]
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New Delhi: Around two in five (37 per cent) Twitter users in India are happy about the micro-blogging platform’s acquisition by tech billionaire Elon Musk, with urban millennial users being most likely to say this (at 43 per cent), a report said on Thursday. According to a survey, commissioned by YouGov, a majority of Twitter users […]
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San Francisco: Amid Elon Musk’s $44 billion takeover, Twitter has made a strong pitch to anxious advertisers with a slate on new premium video content. At the premier digital content event called ‘NewFronts’, Twitter’s Chief Customer Officer Sarah Personette said that the investments in video and ads business would continue, reports TechCrunch. “I hope that you […]
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London: Tech billionaire Elon Musk has been invited to testify in the UK Parliament regarding his proposed $44 billion acquisition of the micro-blogging site Twitter. In a letter, Julian Knight, the Chair of the UK House of Commons Digital, Culture, Media and Sport (DCMS) Select Committee requested the Tesla CEO to appear before lawmakers to discuss […]