Elon Musk

Twitter's board accepted Elon Musk's US$44-billion bid to take over the social media platform on Monday. The blockbuster offer made by the controversial ...

What will this mean for Twitter staff? "I don't see that there's a huge benefit to the other users of Twitter. I don't see the huge benefits for the existing shareholders of Twitter, other than you've already paid them a lot of money." Some Twitter investors have sued him for failing to disclose the size of his stake promptly. Perhaps his most popular recommendation has been an edit button, which he polled users on earlier this month. Valliere believes the deal is really about Musk being "a rich guy that wants to control the megaphone." "The job of Twitter's board of directors is to do whatever is in the best interest of shareholders, and so when somebody comes along and offers a big premium over the existing value of the shares, it's pretty hard to turn that down," he said.

To complete his $44 billion Twitter deal, Musk's margin loans could top $150 billion — eroding Tesla shares and further enriching Bill Gates.

“The accepted bid puts a $5 billion-a-year advertising business into the hands of someone who has publicly questioned Twitter’s advertising business model,” noted the Journal. Musk will pay for Twitter through a combination of borrowing money and selling assets. What’s more, Tesla has been doing pretty well recently so the basis for shorting the stock is somewhat questionable. As Barron’s wrote, Musk used Twitter last Friday to express his belief that “Gates has sold short $500 million of Tesla shares. For that, you need look no further than how Musk — whose net worth Forbes estimates at $268.2 billion — will come up with the $44 billion in cash. They include stakes in rocket maker SpaceX and tunneling startup Boring Co.”

World's richest person promises to allow more 'free speech' on influential social media network.

I believe it no more.” The Glass Cage played for 35 performances in London and then went on a six-week tour of England and Scotland. It wasn’t a hit, but it was a milestone. The all-Canadian production (save for the playwright) was a novelty at the time, and Daily Telegraph critic W.A. Darlington wrote: “In Canada I have long been led to believe there is no professional theatre. Let us praise – and invest in – the lowly bus.” In 1956, the British playwright J.B. Priestley was visiting Toronto and Robertson Davies organized a dinner for him – inviting along the local Crest Theatre’s sibling co-founders Donald Davis, Murray Davis and Barbara Chilcott. Priestley, who had many Broadway hits under his belt but had fallen into a bit of a career funk, was inspired by this family of actors and decided to write a play for them and their pioneering professional theatre company. The Glass Cage concerned a puritanical turn-of-the-century Toronto family called the McBanes, whose lives and certainties are upended by the reappearance of a trio of less-pious, half-Indigenous relatives seeking their rightful inheritance. Trudeau and his family went to the Aga Khan’s private island at Christmas, 2016, even though the Ismaili Muslim leader had millions of dollars in dealings with the federal government. We breathed in fresh air and felt immeasurably better for it. Still, we’re in a much better place today than we were when the coronavirus emerged in late 2019.” When asked if the inquiry’s commissioner will have full access to cabinet documents, Public Safety Minister Marco Mendicino said he will have “broad access,” including to classified documents, and that it is the government’s intention to collaborate with him. We flocked to city parks, went for long walks in our neighborhoods, hit jogging trails and explored wooded areas near our homes. The bus sucks when it shows up late or gets stuck in traffic. Got a news tip that you’d like us to look into?

Le patron de Tesla et homme le plus riche au monde Elon Musk a passé lundi un accord avec le conseil d'administration de Twitter pour racheter le réseau ...

Je suis très fier de nos équipes et inspiré par le travail qui n'a jamais été aussi important", a réagi Parag Agrawal, l'actuel dirigeant de Twitter, après l'annonce de l'acquisition. Elon Musk détient actuellement un peu plus de 9 % des actions ordinaires du réseau social. "Confier les rênes de Twitter à Elon Musk déchaînera à coup sûr des théories du complot que la plateforme a essayé de réprimer", a réagi Angelo Carusone, président de l'ONG progressiste Media Matters for America. "Toute tentative d'utiliser la plateforme pour partager des informations légitimes sera éclipsée par un bourbier toxique de désinformation." "Cela les a mis le dos au mur et les a contraints à venir à la table de négociations", a ajouté l'analyste. Il a critiqué Twitter à de nombreuses reprises, notamment au sujet de la liberté d'expression, et de la modération des contenus, qu'il juge trop sévère. "La liberté d'expression est le socle d'une démocratie qui fonctionne, et Twitter est la place publique numérique où les sujets vitaux pour le futur de l'humanité sont débattus", a déclaré Elon Musk, cité dans le communiqué de Twitter.

Two Canadian banks — the Royal Bank of Canada and CIBC — were among a consortium of a dozen lenders who agreed to help Musk finance his bid, with Royal agreeing ...

"This is exposing a lot of the problems that have long been there and that we've been trying to grapple with for a long time," she said in an interview. "Taking private is going to have a lot of change for Twitter, but Musk just bet 20 per cent of his net worth on Twitter," Ives said. "Twitter has tremendous potential," he said. More than $25 billion US of the purchase price will be financed with debt. "I look forward to working with the company and the community of users to unlock it." "Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," Musk said Monday, adding that he wants to make the company's algorithm open source to increase trust.

Thomas Urbain - Agence France-Presse et Julie Jammot - Agence France-Presse à San Francisco et à New York. 16 h 43. Économie. Elon Musk a réussi son pari.

Je suis très fier de nos équipes et inspiré par le travail qui n’a jamais été aussi important », a réagi Parag Agrawal, l’actuel dirigeant de Twitter, après l’annonce de l’acquisition. M. Musk détient actuellement un peu plus de 9 % des actions ordinaires du réseau social. Il a critiqué Twitter à de nombreuses reprises, notamment au sujet de la liberté d’expression et de la modération des contenus, qu’il juge trop sévère. Elon Musk a réussi son pari. « Cela les a mis le dos au mur et les a contraints à venir à la table de négociations », a ajouté l’analyste. « La liberté d’expression est le socle d’une démocratie qui fonctionne, et Twitter est la place publique numérique où les sujets vitaux pour le futur de l’humanité sont débattus », a déclaré Elon Musk, cité dans le communiqué de Twitter.

Elon Musk, the CEO of Tesla and SpaceX, has finalized a deal to buy 03:06. Elon Musk buys Twitter for $44 billion. BNN ...

In one August 2018 tweet, for instance, Musk asserted that he had the funding to take Tesla private for $420 a share, although a court has ruled that it wasn't true. Musk himself is a prolific tweeter with a following that rivals several pop stars in the ranks of the most popular accounts. Truth Social is part of Trump's new media company, which has agreed to be taken public by Digital World Acquisition Corp. Shares of DWAC dropped 16.2% Monday and are down 46% since Musk revealed his stake in Twitter. Eventually he became CEO and led the company to astronomical success as the world's most valuable automaker and largest seller of electric vehicles. Some users said Monday that they were planning to quit the platform if Musk took it over. It was sold to eBay for $1.5 billion in 2002. “Do not allow Twitter to become a petri dish for hate speech or falsehoods that subvert our democracy.” As both candidate and president, Trump made Twitter a powerful megaphone for speaking directly to the public, often using incendiary and divisive language on hot-button issues. Musk said last week that he had lined up $46.5 billion in financing to buy Twitter, putting pressure on the company's board to negotiate a deal. Advertisers, currently Twitter's main customers, have also pushed for the stronger content rules Musk has criticized. On April 14, Musk announced an offer to buy Twitter for $54.20 per share. Musk believes he can increase revenue through subscriptions that give paying customers a better experience - possibly even an ad-free version of Twitter.

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 ...

Eventually he became CEO and led the company to astronomical success as the world’s most valuable automaker and largest seller of electric vehicles. But much of his money is tied up in Tesla stock — he owns about 17% of the electric car company, according to FactSet, which is valued at more than $1 trillion — and SpaceX, his privately held space company. Musk himself is a prolific tweeter with a following that rivals several pop stars in the ranks of the most popular accounts. Musk said last week that he had lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal. The Times, citing people with knowledge of the situation who it did not identify, said the two sides were discussing details including a timeline and fees if an agreement was signed and then fell apart. So obviously there are some limitations on free speech in the US, and, of course, Twitter would have to abide by those rules.” It was sold to eBay for $1.5 billion in 2002. In a recent TED interview, the billionaire said he’d like to see Twitter err on the side of allowing speech instead of moderating it. He used his share to create what would become PayPal, an internet service that bypassed banks and allowed consumers to pay businesses directly. Twitter had initially enacted an anti-takeover measure known as a poison pill that could make a takeover attempt prohibitively expensive. “Deeply proud of our teams and inspired by the work that has never been more important.” Twitter’s board at first enacted an anti-takeover measure known as a poison pill that could have made a takeover attempt prohibitively expensive.

Le possible achat de Twitter par Elon Musk pour 44 milliards $ US inquiète des experts au Québec, qui craignent que la plateforme devienne un jouet.

La même année, il avait annoncé, dans un tweet, qu’il souhaitait retirer Tesla de la Bourse, ce qui a eu des impacts sur le titre. «Ça fait longtemps qu’il a des opinions sur quoi dire, ne pas dire, et ce qui est acceptable comme prise de parole sur les médias sociaux. Il reste maintenant à savoir s’il se gardera davantage une gêne s’il devient le grand patron. «Il y a vraiment une pièce de théâtre fort divertissante qui va commencer, mais moi, elle me fait peur», a-t-il dit sur QUB radio. «S’il choisit de payer une prime pour acquérir Twitter, c’est qu’il croit qu’il a une façon de valoriser la plateforme et qu’il est le mieux placé pour le faire», a souligné M. Cimon. «C’est clair qu’en acquérant Twitter, c’est beaucoup plus efficace que de démarrer un autre média social», a-t-il poursuivi. «Cet achat est significatif parce que ce n’est pas comme la famille qui possède le New York Times, qui a toujours été garante d’objectivité et d’avoir un produit d’information de qualité. Là, on parle de l’une des plateformes les plus importantes au monde qui va être privée», a avancé le professeur Yan Cimon.

Here's what Elon Musk's Twitter takeover could mean for Twitter stock prices, the future of the social media platform and Tesla.

Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it,” Mr. Musk said in a tweet Monday. “Donald Trump had to be pushed off the platform after the Jan. 6 insurrection,” so any move to bring him back “will be tricky for folks saying, ‘We need more limits.’” The social-media platform’s shares were below US$40 a share in late March before beginning to rally. … It has been a fundamental part of the American spirit,” said Mariam Humayun, an assistant professor of marketing at the University of Ottawa’s Telfer School of Management with research interests in the intersection of consumer culture, technology, branding and social media. “He wants to protect freedom of speech.

Elon Musk's bid to take Twitter private at US$54.20 per share appears to be a success, sources say, with shares of the social media company jumping ...

The deal would come just four days after Musk unveiled a financing package to back the acquisition. Musk did not provide any financing details when he first disclosed his offer for Twitter, making the market skeptical about its prospects. Still, Twitter would be allowed to accept an offer from another party by paying Musk a break-up fee, the sources added. Republicans in the U.S. House of Representatives welcomed the reports of the potential takeover and called on Musk to return former U.S. President Donald Trump to the platform. Musk, the world’s richest person according to a tally by Forbes, is negotiating to buy Twitter in a personal capacity and Tesla is not involved in the deal. Twitter Inc. is poised to agree a sale to Elon Musk for around US$43 billion in cash, the price the chief executive of Tesla Inc. has called his “best and final” offer for the social media company, people familiar with the matter said.

Donald Trump a exclu lundi de revenir sur Twitter, dont il a été banni en janvier 2021, malgré le rachat du réseau social par Elon Musk.

«J'espère qu'Elon achètera Twitter parce qu'il fera des améliorations et c'est un gars bien, mais je reste sur Truth», a-t-il répété, expliquant que «Twitter a des bots et faux comptes». «Je ne vais pas sur Twitter, je reste sur TRUTH», a-t-il déclaré à la chaîne américaine Fox News en référence à la plateforme Truth Social, qu'il a lancée en février et présentée comme une alternative à Facebook, Twitter et YouTube.

The announcement ends a weeks-long saga Musk kicked off when he offered to buy the company at $54.20 per share, his "best and final."

Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it." The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter's stockholders." The purchase price represents a 38% premium to Twitter's closing stock price on April 1, 2022, which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter. He also said he generally would prefer "time-outs" to permanent bans, which could suggest a path for former President Donald Trump to rejoin the platform under Musk's control. Upon completion of the transaction, Twitter will become a privately held company. The SEC declined to comment on Musk's remarks at the time. Despite his being the world's richest person, much of his wealth is tied up in Tesla stock, meaning he would likely have to borrow against his holdings to fund the deal. Musk's interest in Twitter comes from his own frequent use of the platform. The plan would dilute that person's holdings in a strategy commonly employed to prevent unwanted acquisitions. The announcement ends a weekslong saga Musk kicked off when he disclosed a large stake in the company. Twitter would become a private company on completion of the deal, which requires shareholder and regulatory approval. "I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.