AI investors nervous ahead of Microsoft, Meta and Alphabet earnings
Analysts say the picture isn't necessarily rosy for big tech giants
The Fintech Files: Kraken’s ‘savage’ layoffs, more trouble for crypto hedge funds
Fintech Files rounds up what's going on in fintech and crypto this week
4 min read
Elon Musk completes Twitter deal and immediately fires executives
Parag Agrawal and Ned Segal are out as takeover begins
6 min read
Banks return to finance plans for Elon Musk’s $44bn Twitter takeover
Twitter told employees in an internal message that they would hear directly from Musk on 28 October
3 min read
This hedge fund made 35% on its Twitter bet — now it’s shorting GameStop and AMC’s ‘absurd’ valuations
Meme stocks are still over-valued, claims this short seller
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Elon Musk proposes to close $44bn offer to buy Twitter
Twitter shares, halted for much of 4 October, closed up 22% at $52, bringing them closer to the deal price of $54.20 that Musk agreed to pay in April
5 min read
Whistleblower complaint complicates Elon Musk-Twitter legal fight
Allegations by the platform’s former head of security may open new legal pathways in Musk’s effort to abandon a takeover
6 min read
Musk’s legal team hits former Twitter boss Dorsey with subpoena as legal fight over $44bn deal continues
Subpoena is first sign that the social media firm’s co-founder will be an official part of the legal fight over Tesla CEO’s $44bn takeover deal
5 min read
Musk’s financial backers drawn into legal fight as Twitter issues subpoenas for information
At least a dozen banks sent subpoenas seeking information on equity and debt financing and communications around the takeover
4 min read
Twitter cites UK national security law in legal letter to Musk as $44bn deal teeters
Legal experts say reference to UK rules could portend trouble for Twitter
5 min read
Twitter files lawsuit against Elon Musk to force him to honour $44bn deal
Twitter said it has 'bent over backwards' to provide Musk with the information he has requested and is suing Musk to enforce consummation of the merger
Elon Musk sets up strange legal drama by spurning Twitter deal
In trying to terminate his $44bn takeover deal, Tesla boss sets stage for what could become one of the oddest courtroom battles in corporate-takeover history
Elon Musk didn’t rule out layoffs in all-hands meeting with Twitter staff
Musk told Twitter staff: 'Right now, costs exceed revenue. That’s not a great situation.'
Elon Musk set to confirm he wants to own Twitter at staff meeting
Billionaire also likely to clarify remarks on remote work and strategy at virtual meeting with social media platform’s employees
Elon Musk prepares to meet with Twitter staff for the first time since $44bn bid
Twitter chief executive Parag Agrawal announced the meeting in an email to staffers on 13 June
3 min read
Elon Musk says Twitter is refusing to keep to the terms of his deal to purchase
Musk said Twitter has refused to provide the data necessary to facilitate his own evaluation of the number of spam and fake accounts on the social media platform
1 min read
Why Elon Musk’s battle with bots on Twitter is actually personal
Musk’s sudden escalation of the bot issue raised suspicions that he is using it as a negotiating tactic to lower the offer price for Twitter amid the swooning market, or exit the takeover deal
5 min read
Elon Musk draws concern from Tesla fans as Twitter bid wavers
Electric-car maker’s stock has tumbled around 30% since billionaire disclosed his stake in social-media company
5 min read
Elon Musk says $44bn Twitter deal ‘cannot move forward’ without more detail on bot accounts
In a 17 May Tweet, the Tesla chief executive said that Twitter’s CEO ‘publicly refused to show proof of <5%’
1 min read