Musk starts assembling new cadre of leaders inside Twitter

Musk starts assembling new cadre of leaders inside Twitter

Elon Musk, who acquired Twitter Inc. two weeks ago and immediately pushed out almost all of its top executives, has started to assemble a new group of senior leaders atop the social network. The company started reshuffling teams this week following a massive round of job cuts that eliminated roughly half of its 7,000-plus workers […]

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Elon Musk plans to cut half of Twitter jobs: Report

Elon Musk plans to cut half of Twitter jobs: Report

The report also said that Mr. Musk intends to reverse Twitter’s existing work from anywhere policy and will require employees to work from office The report also said that Mr. Musk intends to reverse Twitter’s existing work from anywhere policy and will require employees to work from office Elon Musk plans to cut about 3,700 […]

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Elon Musk fires Twitter CEO Parag Agrawal, policy chief Vijaya Gadde

Elon Musk fires Twitter CEO Parag Agrawal, policy chief Vijaya Gadde

Elon Musk became Twitter Inc’s new owner Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. The CEO of electric car maker Tesla Inc has said he wants to “defeat” spam bots on […]

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Elon Musk plans to close Twitter deal by October 28

Elon Musk plans to close Twitter deal by October 28

The move is the clearest sign yet that Elon Musk plans to comply with a Delaware court judge’s deadline to complete the transaction The move is the clearest sign yet that Elon Musk plans to comply with a Delaware court judge’s deadline to complete the transaction Elon Musk has notified co-investors who committed to help […]

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Banks forced to hold on to Twitter deal debt-sources

Banks forced to hold on to Twitter deal debt-sources

The banks providing $13 billion in financing for Tesla CEO Elon Musk’s acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company’s fortunes and losses, people familiar with the matter said. The banks are not planning to syndicate the debt as is typical with […]

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Musk says excited by Twitter deal despite overpaying

Musk says excited by Twitter deal despite overpaying

Elon Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc, although he and other investors were overpaying for the social media company. Musk, the chief executive of Tesla, was answering a question during a call after the electric vehicle maker’s quarterly report. The world’s richest person is pursuing the Twitter […]

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Elon Musk is under federal investigation, Twitter says in court filing

Elon Musk is under federal investigation, Twitter says in court filing

Elon Musk is being investigated by federal authorities over his conduct in his $44 billion takeover deal for Twitter Inc, the social media company said in a court filing released on Thursday. While the filing said he was under investigations, it did not say what the exact focus of the probes were and which federal […]

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Musk’s acrimonious Twitter bid heads for business school case study immortalisation

Musk’s acrimonious Twitter bid heads for business school case study immortalisation

Elon Musk’s $44 billion Twitter takeover saga comes with all the drama necessary to be immortalised in case studies for future captains of industry, as the tycoon’s on-off pursuit of the social media platform and unique management style make for a union like no other. The chief executive of electric car maker Tesla Inc performed […]

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Judge delays Twitter trial, gives Musk time to seal buyout

Judge delays Twitter trial, gives Musk time to seal buyout

A judge has delayed a looming trial between Twitter and Elon Musk, giving the Tesla CEO more time to close his $44 billion deal to buy the company after months spent fighting to get out of it. Musk had asked to halt the upcoming Delaware court trial, where the Tesla billionaire was expected to fare […]

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