Twitter shares take off as Elon Musk buys stake worth almost $3bn
Monday, 4 April 2022 Shares in social media giant Twitter have surged by a quarter after it was revealed that Tesla billionaire Elon Musk had bought a 9.2% stake.
Twitter Announces, Elon Musk Will Join, the Company's Board of Directors.
Twitter Announces, Elon Musk Will Join, the Company's Board of Directors.
ABC reports that Elon Musk will
join Twitter's board of directors.
The news comes just one day after
the world's richest man purchased
a 9% stake...
Donald Trump’s , Facebook and Instagram Accounts , Will Be Reinstated.
'The Hill' reports that parent company Meta made the announcement via a news release on Jan. 25.
The former president had previously received a two-year ban in the wake of the events of Jan. 6.
Now, Trump will be allowed to return
to the platforms in the coming weeks.
Our determination is that the risk has sufficiently receded, and that we should therefore adhere to the two-year timeline we set out, Nick Clegg, Meta's President for Global Affairs, via Twitter.
The public should be able to hear what their politicians are saying — the good, the bad and the ugly — so that they can make informed choices at the ballot box, Meta, via news release.
Trump's Twitter account was also
reinstated in November following
Elon Musk's acquisition of the platform.
While Trump now primarily uses his own social media platform, Truth Social, it's unclear whether he will actually return to the other platforms.
After Meta's announcement on Jan. 25,
Trump responded with criticism.
FACEBOOK, which has lost Billions of Dollars in value since ‘deplatforming’ your favorite President, me, has just announced that they are reinstating my account. , Donald Trump, via Truth Social.
Such a thing should never again happen to a sitting President, or anybody else who is not deserving of retribution!, Donald Trump, via Truth Social
Credit: Wibbitz Top Stories Duration: 01:31Published
Elon Musk Testifies , in Trial Over Tweets , About Taking Tesla Private.
On January 23, Tesla CEO Elon Musk took the witness
stand in a trial to determine whether he intentionally
mislead investors with an August 2018 tweet. .
On January 23, Tesla CEO Elon Musk took the witness
stand in a trial to determine whether he intentionally
mislead investors with an August 2018 tweet. .
The lawsuit made by Tesla investors claims that Musk's
tweet stating that he had "secured" funding for taking
Tesla private caused them to lose large sums of money.
The lawsuit made by Tesla investors claims that Musk's
tweet stating that he had "secured" funding for taking
Tesla private caused them to lose large sums of money.
The tweet has already been
ruled as both false and reckless
by U.S. Judge Edward Chen. .
NBC reports that Musk believes he can
convince the jury that he was unaware
that the tweet was false when he sent it. .
NBC reports that Musk believes he can
convince the jury that he was unaware
that the tweet was false when he sent it. .
Musk has also suggested that movements
in Tesla's stock price are not
dictated by his personal tweets.
Just because I tweet something
does not mean people believe it
or will act accordingly, Elon Musk, Tesla CEO, via NBC.
According to Musk's attorney, Alex Spiro, the Tesla
CEO was taking steps to finalize a deal with Saudi
backers back in 2018 when he sent the tweet. .
According to Musk's attorney, Alex Spiro, the Tesla
CEO was taking steps to finalize a deal with Saudi
backers back in 2018 when he sent the tweet. .
Spiro suggests that Musk was trying to protect the
"everyday shareholder" by sending the tweet, which
may have contained some "technical inaccuracies.".
Spiro suggests that Musk was trying to protect the
"everyday shareholder" by sending the tweet, which
may have contained some "technical inaccuracies.".
Nicholas Porritt, a lawyer representing shareholders,
argues that Musk was fully aware the deal with Saudi
Arabia's public investment fund was not final at the time. .
Nicholas Porritt, a lawyer representing shareholders,
argues that Musk was fully aware the deal with Saudi
Arabia's public investment fund was not final at the time.
Credit: Wibbitz Top Stories Duration: 01:31Published
Microsoft Announces , Third Phase of
Multibillion-Dollar
Investment , in OpenAI.
Microsoft Announces , Third Phase of
Multibillion-Dollar
Investment , in OpenAI.
The new phase of
investment in the
ChatGPT-maker was
announced on Jan. 23.
While Microsoft did not reveal the exact amount of the investment.
... CNBC reports that it could potentially reach $10 billion.
Microsoft went public about its OpenAI investment in 2019, when the company became the exclusive cloud computing services provider.
We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize AI as a new technology platform, Satya Nadella, Microsoft CEO, via CNBC.
According to AI researchers, OpenAI ranks among the top three AI labs in the world.
The company's ChatGPT is a text generator that has gone viral since its release in Nov. .
Modern AI systems work well for the specific problem on which they’ve been trained, Joint Press Release From July 2022, via CNBC.
... but getting AI systems to help address some of the hardest problems facing the world today will require generalization and deep mastery of multiple
AI technologies, Joint Press Release From July 2022, via CNBC.
OpenAI and Microsoft’s vision is for artificial general intelligence to work with people to help solve currently intractable multidisciplinary problems, Joint Press Release From July 2022, via CNBC.
... including global challenges such as climate change, more personalized healthcare
and education, Joint Press Release From July 2022, via CNBC.
We believe that the creation of beneficial AGI will be the most important technological development in human history, , OpenAI Press Release From July 2022, via CNBC.
... with the potential to shape the trajectory of humanity, OpenAI Press Release From July 2022, via CNBC.
OpenAI's founding investors include
Elon Musk and Sam Altman. .
OpenAI's founding investors include
Elon Musk and Sam Altman.
Credit: Wibbitz Top Stories Duration: 01:31Published
Elon Musk has taken to the witness box to refute allegations that Tesla shareholders were defrauded out of billions of dollars by his tweets from 2018. Sky News
In This Live Podcast we will be talking about the insane reactions coming from leftists following Elon Musk's acquisition of twitter and the prospect of free speech returning to the platform...
Musk Plans To , Slash Twitter
Board Salaries,
Monetize Tweets, Sources Say.
Reuters reports that Elon Musk made the assertions
in an effort to secure funding from lenders...
... as part of his $44..
Credit: Wibbitz Top Stories Duration: 01:31Published
Elon Musk Sells $8.5 Billion , Worth of Tesla Shares.
Elon Musk Sells $8.5 Billion , Worth of Tesla Shares.
CNN reports that three days
after Twitter agreed to sell
the company to Musk, he sold
a..
Credit: Wibbitz Top Stories Duration: 01:30Published
Tesla CEO Elon Musk joked online about buying Coca-Cola soon after he acquired Twitter Inc for a whopping USD 44 billion. DNA Also reported by •BGR India
Elon Musk-owned electric vehicle company Tesla has stopped including a complimentary Mobile Connector Bundle with new vehicle orders. The change was first... BGR India
It is likely that Tesla CEO Elon Musk will acquire Twitter Inc soon after lining up $46.5 billion in debt and equity financing for the bid. DNA Also reported by •BGR India