Tag Archives: Twitter

#VOA. | Twitter Accepts Oct. 17 Trial but Is Concerned Musk Will Try to Delay

wilmington, delaware — Twitter Inc. does not object to Elon Musk’s proposal to start a trial on October 17 over Musk’s bid to walk away from his $44 billion acquisition deal but the social media company wants a commitment to complete the trial in five days, Twitter said in a …

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#VOA. | Twitter Suffers Widespread Outage

Twitter appeared to be working again after a widespread outage earlier Thursday. The site Downdetector.com, which logs service outages, reported it was the first such outage since February and impacted people in the United States, the United Kingdom, Mexico, Brazil, Italy and others. Starting around 8 a.m. on the U.S. …

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#VOA. | Twitter Sues to Force Musk to Complete His $44B Acquisition

Twitter sued Tesla CEO Elon Musk on Tuesday to force him to complete the $44 billion acquisition of the social media company. Musk and Twitter have been bracing for a legal fight since the billionaire said on Friday he was backing off of his April agreement to buy the company. …

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#VOA. | Looming Musk-Twitter Legal Battle Hammers Company Shares

NEW YORK — Shares of Twitter slid more than 6% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the agreement. Twitter is now …

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#VOA. | Elon Musk’s $44 Billion Twitter Deal Gets Board Endorsement

New York — Twitter’s board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory filing Tuesday. Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter …

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#VOA. | Musk Threatens to Kill Twitter Deal Over Fake Account Data

Elon Musk accused Twitter of “actively resisting and thwarting his information rights,” as the Tesla founder attempts to get information about fake and spam accounts on the platform. The accusation came in a letter Musk sent to Twitter Monday in which he warned he could walk away from the $44 …

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#VOA. | Twitter Policy Aims to Clear Fog of War Misinformation

SAN FRANCISCO — Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that spread potentially dangerous false stories. The change is part of a broader effort to promote accurate information during times of conflict or crisis. Starting Thursday, the platform will no longer …

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#VOA. | Doubt About Spam Accounts Could Scuttle Twitter Deal

London — Tesla CEO Elon Musk says his deal to buy Twitter can’t move forward unless the company shows public proof that less than 5% of the accounts on the social media platform are fake or spam. Musk made the comment in a reply to another user on Twitter early …

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#VOA. | Musk Says $44-billion Twitter Deal Temporarily On Hold

Elon Musk said on Friday his $44-billion deal for Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said in a tweet. Shares of …

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#VOA. | Elon Musk Says He’d Reinstate Trump’s Twitter Account

Elon Musk on Tuesday said he would reinstate former President Donald Trump’s Twitter account. The Tesla CEO who’s vying to buy Twitter and take it private for a reported price tag of $44 billion made the comment at the Financial Times Future of the Car conference. “I do think that …

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#REUTERS. | Elon Musk gets more than $7 billion for his Twitter takeover

Elon Musk has secured $7.14 billion (6.76 billion euros) in funding from a group of investors including Oracle Corp co-founder Larry Ellison and Sequoia Capital to fund his takeover of Twitter for $44 billion, according to a document filed Thursday. A Saudi investor, Prince Al-Walid bin Talal, who initially opposed …

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#VOA. | Musk Gets $7B Backing for Twitter Bid From Tech Heavyweights

Billionaire Elon Musk has strengthened the equity stake of his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison. Other investors include Sequoia Capital Fund, which pledged $800 million, and VyCapital, which pledged …

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#VOA. | Musk’s Twitter Ambitions Likely to Collide with Europe’s Tech Rules

london — A hands-off approach to moderating content at Elon Musk’s Twitter could clash with ambitious new laws in Europe meant to protect users from disinformation, hate speech and other harmful material. Musk, who describes himself as a “free speech absolutist,” pledged to buy Twitter for $44 billion this week, …

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#VOA. | More Free Speech or More Misinformation? Reactions Mixed to Twitter Sale

San Francisco — Tesla CEO Elon Musk’s $44 billion deal to buy Twitter Monday met mixed reactions as observers speculated how digital speech on the service might change under his leadership. Musk, a prolific Twitter user who has criticized Twitter’s management in tweets, said in the press release Monday announcing …

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#VOA. | Twitter’s Board Negotiates with Elon Musk Over Bid to Buy Platform

The board of Twitter is negotiating with Tesla CEO Elon Musk over his bid to buy the social media giant. Media reports Monday said the two sides are close to reaching a deal. Musk recently announced that he wants to buy the platform and later unveiled a financing package to …

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