Tech

Larry Ellison chips in a cool billion towards Musk’s Twitter takeover

Enlarge / Oracle Corporation CEO Larry Ellison looks on after Oracle Team USA skippered by James Spithill lost race 1 of the America’s Cup Finals on June 17, 2017 in Hamilton, Bermuda. (credit: Xaume Olleros | Getty Images) Elon Musk has raised $7.14 billion of funding for his $44 billion buyout of Twitter, from investors […]

Tech

Twitter board in a bind as Elon Musk makes his move

Enlarge (credit: Aurich Lawson / Getty Images) If Twitter’s board initially thought Elon Musk’s offer to buy the social media company for $43 billion was just a stunt, it has now found itself on the defensive on multiple fronts. After the world’s richest man revealed on Thursday how he plans to fund his takeover bid, […]

Tech

Elon Musk buys 9% of Twitter stock as he pressures company} on “free speech”

Enlarge / Tesla CEO Elon Musk at an opening event for Tesla’s Gigafactory on March 22, 2022, in Gruenheide, southeast of Berlin. (credit: Getty Images | Patrick Pleul) Elon Musk has purchased 9. 2 percent of Twitter’s stock, he revealed in a Securities and Exchange Commission filing on Monday. The Tesla and SpaceX CEO bought […]