Enlarge (credit: Aurich Lawson / Duncan Hull / Getty) Elon Musk’s $44 billion purchase of Twitter could face a probe into potential national security risks posed by Musk’s foreign investors, according to a Reuters report on Friday. The foreign investment could invite “the kind of regulatory scrutiny over US national security that social media peer […]
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 […]
Enlarge / FCC Commissioner Nathan Simington testifies during a House committee hearing on March 31, 2022 in Washington, DC. Federal Communications Commission member Nathan Simington says the FCC should “applaud” Elon Musk for buying Twitter, arguing that Musk’s “stated intention to ease Twitter’s restrictions on speech… would almost certainly enhance competition and better serve those […]
Enlarge / CEO Elon Musk at SpaceX Headquarters in Hawthorne, California, on October 10, 2019. (credit: Getty Images | NurPhoto) Elon Musk has raised $8.5 billion from selling part of his stake in Tesla, boosting his cash position ahead of his planned purchase of Twitter. The sales were made between Tuesday and Thursday, after Twitter’s […]
Enlarge / Elon Musk talks to members of the media while leaving federal court in New York on Thursday, April 4, 2019. A federal judge has rejected Tesla CEO Elon Musk’s attempt to get out of a settlement with the Securities and Exchange Commission that requires Tesla to impose limits on Musk’s social media statements. […]
Enlarge (credit: Aurich Lawson | Photo by Jim Watson/AFP via Getty Images) Elon Musk has claimed he is buying Twitter in order to protect free speech. But what does Musk mean by “free speech”? Musk provided a somewhat vague answer in a tweet on Tuesday, one day after striking a deal to buy Twitter for […]
Enlarge (credit: Aurich Lawson | Photo by Jim Watson/AFP via Getty Images) Elon Musk has claimed he is buying Twitter in order to protect free speech. But what does Musk mean by “free speech”? Musk provided a somewhat vague answer in a tweet on Tuesday, one day after striking a deal to buy Twitter for […]
Enlarge (credit: NurPhoto | Getty Images) Brussels has warned Elon Musk that Twitter must comply with the EU’s new digital rules under his ownership, or risk hefty fines or even a ban, setting the stage for a global regulatory battle over the future of the social media platform. Thierry Breton, the EU’s commissioner for the […]
Enlarge / Elon Musk at a press conference at SpaceX’s Starbase facility in Texas on February 10, 2022. (credit: Getty Images | Jim Watson) Twitter’s board of directors has agreed to sell the company to Elon Musk for $44 billion, the company announced today. “Free speech is the bedrock of a functioning democracy, and Twitter […]
Enlarge (credit: Getty Images | NurPhoto) Twitter’s board of directors is reportedly on the verge of accepting Elon Musk’s offer to buy the company, according to news reports. “Twitter is poised to agree a sale to Elon Musk for around $43 billion in cash” and “may announce the $54.20-per-share deal later on Monday once its […]