No fewer than 1,000 Twitter staff had reportedly been cut from the company’s workforce by around 11pm PST on Thursday, according to messages obtained from some of the staff. Some staff said they were locked out of their company’s Slack and email accounts, late Thursday, the evening before mass layoffs were due to be announced….
Jack Dorsey, the founder and former Chief Executive Officer of Twitter, has launched a new social media platform called “Bluesky.” This comes just a week after Elon Musk, a business magnate and investor, purchased Twitter. Within two days of the announcement, over 30,000 people had signed up for beta testing of the new app, which…
Twitter plans to start charging nearly $20 a month for users to stay verified. This is part of a premium service that will be rolled out under Elon Musk’s leadership, according to a report. “The whole verification process is being revamped right now,” Musk, who took over as the CEO of the social…
Tesla CEO Elon Musk has made a U-turn and decided to buy Twitter. The billionaire said he is now willing to proceed with his original plan to buy the social media platform. In a letter to the firm, Mr Musk agreed to pay the price he offered months ago before trying to quit the deal….
South Africans woke up this morning, July 6, to a sex tape of popular South African actor Sthembiso Khoza, better known as SK Khoza, performing oral sex on a woman. The actor has been plagued by several scandals but this seems to take the cake and South Africans are having a field day discussing the…
Twitter investors sue Elon Musk. Twitter investors are suing Elon Musk and the social media platform over the handling of Musk’s $44bn take over bid for the company. The lawsuit alleges Musk violated California corporate laws in different ways. The lawsuit accuses Musk of “wrongful conduct” as his “false statements and market manipulation have…
Business magnate, Elon Musk has gotten $500 million support from world’s largest cryptocurrency exchange, Binance to help purchase Microblogging platform, Twitter. Binance has joined the list of other financiers that have contributed to help Musk acquire the social media platform. Musk has received 19 pledges of about $7.1bn from investors in his quest to take over Twitter….
There are indications that Twitter’s agreement with the Nigerian government will be reviewed in the months as Elon Musk sealed a takeover deal with the firm yesterday at a transaction value of $44 billion. Musk had earlier proposed to buy Twitter for $43 billion in cash, which he called his “best and final” offer for…
Twitter founder, Jack Dorsey, has given the reason the microblogging app was sold to United States’ billionaire, Elon Musk. Musk on Monday night reached an agreement to buy Twitter for approximately $44 billion. The 50-year-old acquired the company at $54.20 a share, the same price named in his initial offer on April 14. Giving reason…
Twitter, Inc (NYSE TWTRI today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $5420 per share in cash in a transaction valued at approximately $44 billion Upon completion of the transaction, Twitter will become a privately held company Under the terms of…
