Elon Acquires Twitter Worth $44 Billion: Biggest Tech Deal
Elon Musk now officially owns Twitter and has taken over all the control. The deal has closed on approximately $44 billion with shares valued at $54.20. Musk announced his takeover bid on April 14, calling it his ‘best deal and final offer’. Musk is the world’s richest man, and all his achievements are self-crafted. Taking…
Vanshika Tomar
Elon Musk and Twitter: What’s Going On Between Them?
Tesla CEO Elon Musk made a great turnabout in which he disclosed his massive stake in the social media company Twitter. He got a seat on its board and publicly floated drastic changes, and then turned down the board role ━ all happened in a week. Musk now holds roughly 9% of a stake in…
Elon Musk Refused To Join Twitter’s Board Of Directors
Elon Musk is not joining the board of Twitter. The recent tweet by Twitter CEO, Parag Agrawal informed everyone by making it official that Mr Elon Musk is not interested in joining the board, which was offered to him a few days before. Later this week, Tesla and SpaceX CEO Elon Musk revealed his stakes…
Suyashi Shukla
Elon Musk Owns 9.2% Stake In Twitter, Costing 73.5 Million
Elon Musk, the Chief Executive Officer of Tesla Inc, disclosed his twitter stakes by sharing the percentage of shares. He owns a total of 9.2% stakes in Twitter, becoming the single largest stakeholder on Twitter. The stakes hold a cost of 73.5 million dollars, his passive stakes can cost around 2.9 billion dollars based on…
sonal sharma
IIT-Bombay Alumnus Parag Agrawal Appointed As New Twitter CEO
Parag Agrawal, a 37-year-old IIT-Bombay graduate, has taken over as Twitter’s new CEO, making him the Fortune 500’s youngest CEO. The Board of Directors unanimously chose him as the next CEO. Parag joins the list of global CEOs of Indian origin which includes Sundar Pichai CEO of Google LLC & Alphabet INC, Arvind Krishna CEO…
nitin
Facebook Pours Billions in ‘Metaverse’ as Ad Business Falters
On Monday, Facebook Inc said it will start investing in virtual and augmented reality units, an announcement that comes as its primary advertising businesses face ‘significant uncertainty. ‘ Facebook warned that Apple Inc’s new policy rules would weigh on its digital business in the current quarter after the largest social media company reported quarterly revenue…
Mark Zuckerberg Lost Nearly 7 Billion in a Few Hours of Global Outage of Whatsapp, Facebook, and Instagram
Whatsapp, Facebook, and Instagram, three major social media platforms, had their server down for almost six hours on Monday. Facebook and Instagram, with other related products such as Facebook Messenger and Workplace, came back to the actual position after three hours., while Whatsapp remained out of reach. The outage restricted billions of users to use…