Elon Musk raises direct money to buy Twitter to $33.5 billion

The price of the acquisition, accepted at the end of April, was 44 billion dollars, of which nearly 20 billion come from the personal fortune of Elon Musk. Elon Musk raised to $33.5 billion the amount contributed directly by the entrepreneur and his partners for the takeover of Twitter, further lowering the amount borrowed from … Read more

Elon Musk becomes first shareholder of the social network Twitter

The billionaire acquired a minority stake of 9.2%, but did not disclose his intentions. What is Elon Musk playing? The elusive founder of Tesla and SpaceX created a surprise on Monday by becoming the first shareholder of the social network Twitter. The richest man in the world, according to the Bloomberg ranking, owns 73.5 million … Read more

Australian woman pockets $10.5 million after mistake

An employee of the Crypto.com trading platform entered the user’s account number in the payment amount field. This is a careless mistake that is costing the Crypto.com company dearly. An employee of the cryptocurrency exchange platform inadvertently sent nearly $10.5 million to one of its Australian users, instead of the $70 refund she requested, reports … Read more

Elon Musk quotes ex-security chief in new letter justifying abandonment of takeover

The letter, addressed to the legal manager of Twitter, was made public on Tuesday by the American stock market policeman. Elon Musk cited in a new letter to Twitter the accusations made by the company’s former security chief, Peiter Zatko, as justification for abandoning his takeover plan, initially announced in early July. “Allegations of certain … Read more

small sentences and big effects

By Elsa Bembaron Posted 1 hour ago, Update 34 minutes ago The statements of the billionaire are shaking the financial markets. ANDREW KELLY/REUTERS The boss of Tesla and Starlink, future ex-candidate for the takeover of Twitter, “jokes” about a takeover of Manchester United. The man with 103 million followers on Twitter never stops panicking the … Read more

Elon Musk raises the possibility of buying Twitter

The American billionaire considered that an agreement could be reached if Twitter confirms that 100 accounts of the social network “are real”. At the beginning of July, Elon Musk had buried his plan to buy Twitter. A month later, the president of Tesla and Space X dug it up. To a user who was taking … Read more

Elon Musk plans to fight back against Twitter

The billionaire accuses the social network of having lied about the number of redeemable accounts. Elon Musk, who is being sued by Twitter in US courts for reneging on his commitment to acquire the social network, counterattacked on Friday by filing a complaint against Twitter in a Delaware court, according to a legal document. This … Read more

Twitter invokes the duel against Elon Musk to justify its growth failure

By Chloe Woitier Posted 2 minutes ago, Update 2 minutes ago Twitter’s headquarters in San Francisco, California. AMY OSBORNE/AFP Victims of the caution of advertisers and the economy, its revenues fell by 1%. Shutdown for Twitter. After seven consecutive quarters in the green, the social network’s revenues recorded a decline of 1% for the April-June … Read more

Elon Musk’s Starlink project submitted in France to a public consultation by Arcep

This service allows people in underserved areas to access the Internet via thousands of small satellites. Arcep, the French telecoms regulator, announced on Friday the opening of a public consultation on the use of hertzian frequencies by the Starlink satellite internet access service launched by billionaire Elon Musk, following a decision of the Council of … Read more

Twitter’s future hangs on Elon Musk’s dithering

The billionaire’s team increases the uncertainty over the takeover by stopping negotiations with an investor. Go or not go? Uncertainty over the outcome of the takeover of Twitter by billionaire Elon Musk has risen a notch since information from the washington post referring to interrupted discussions around the financing of the operation. According to three … Read more