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The Latest Breaking News from Elon Musk

What the papers say – April 16

Reaction to the Government’s Rwanda plan is splashed across some of the Saturday papers.

The Independent UK

The Weekly Wrap for Saturday, 16 April 2022

Have you heard this one? Twitter's largest individual shareholder, its biggest troll, and the world's richest man walk into a boardroom meeting. The chairperson says, "Good afternoon, Mr Musk."

inkl Originals

Seven times World War 3 has been wrongly declared or predicted

Moscow’s remark echo a string of previous sinister predictions

The Independent UK

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Twitter adopts ‘poison pill’ to ward off Musk takeover

Twitter Inc. adopted a measure that would shield it from hostile acquisition bids, taking steps to thwart billionaire Elon Musk’s unwelcome offer to take the company private and attempt to make it a bastion of free speech.

Tribune News Service

Twitter adopts ‘poison pill’ plan to shield itself from Elon Musk takeover

The social media company adopted a shareholder rights plan to protect itself from the billionaire’s bid

The Guardian - US

Elon Musk’s paradoxical vision of running Twitter: Less democracy, more freedom

There’s a common critique of Big Tech that goes like this: In the 21st century, social media platforms are the new public square, and it matters a great deal who sets the rules. Instead of allowing true free speech, unaccountable Silicon Valley elites like Mark Zuckerberg decide what can and…

Los Angeles Times

EXPLAINER: What Twitter's 'poison pill' is supposed to do

Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” — a financial device that companies have been wielding against unwelcome suitors for decades

The Independent UK

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Elon Musk Causes Searches For 'Buy Twitter Stock' To Explode By 1,147%, Following The Recent Offer To buy Twitter

By JohnSlots

Benzinga

Twitter adopts 'poison pill' defence against Musk buyout bid

WASHINGTON: Twitter moved Friday to defend itself against Elon Musk's $43 billion hostile takeover bid, announcing a plan that would allow shareholders to purchase additional stock.

Bangkok Post

Twitter Takes The Poison Pill: Here's What It Means For Elon Musk And Shareholders

When Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday entered his unsolicited $43 billion bid to acquire and take Twitter Inc (NYSE:

Benzinga

What Did Twitter Co-Founder Jack Dorsey Say About Elon Musk's Takeover Bid?

Twitter Inc founder (NYSE: TWTR) Jack Dorsey, who stepped down in 2021 saying the company is “ready to move on from its founders,” took to the platform on Friday to give his take on the recent Elon Musk bid to take Twitter private.

Benzinga

Twitter floats ‘poison pill’ to fend off Elon Musk's takeover

The company is giving shareholders the chance to purchase more stock in an attempt to dilute Elon Musk's current holdings.

Input

Twitter adopts 'poison pill' defense in Musk takeover bid

Twitter said in a statement Friday that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company and take it private

The Independent UK

Tesla's Optimus Robot Could Arrive As Soon As EV Full Self-Driving

During Tesla Inc's (NASDAQ: TSLA) most recent earnings call, CEO Elon Musk laid out expectations for ach

Benzinga

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Tribune News Service

Twitter adopts ‘poison pill’ to ward off Musk takeover

Manchester Evening News

Manchester United fans send Elon Musk plea to take over from Glazers

They are making a concerted effort to bring the richest man on the planet to the Man Utd boardroom.

Axios

Twitter adopts poison pill in bid to thwart Elon Musk takeover

Musk offered to purchase the company for $54.20 a share, though he did not specify how he planned to pay for it.

Los Angeles Times

What Elon Musk's bid for Twitter says about social media's political tightrope

When the idea behind Twitter was first hatched in a meeting in 2006, the service was envisioned as a way for people to message their friends.

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news in one place.

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Bangkok Post

Twitter expected to counter Musk takeover

Twitter was expected to unveil its counterattack against Elon Musk as soon as Friday by putting in place a corporate manoeuvre known as a poison pill, according to two people familiar with the company’s plans who were not authorised to speak publicly.

The Guardian - US

Jimmy Kimmel on Trump: ‘The hamster that powers his brain is tired’

Late-night hosts discuss the latest rambling interview with the former president and Elon Musk’s plans to own all of Twitter

The Guardian - US

Zuckerberg has too much social media power, says wannabe Twitter boss Musk

Tesla chief mocks Meta CEO with comparison to King Louis XIV and promises different share ownership structure

The Conversation

Elon Musk's bid spotlights Twitter's unique role in public discourse – and what changes might be in store

Twitter has been in the news a lot lately, albeit for the wrong reasons. Its stock growth has languished and the platform itself has largely remained the same since its founding in 2006. On April 14, 2022, Elon Musk, the world’s richest person, made an offer to buy Twitter and…

Benzinga

Lessons For Elon Musk: 5 Notorious Failed Hostile Takeovers

As any student of industry knows, Elon Musk is hardly the first person to attempt a hostile takeover.

Benzinga

Goldman Sachs Is Advising Twitter On Elon Musk's Offer: Here's What The Tesla CEO Had To Say

Telsa Inc (NASDAQ: TSLA) CEO Elon Musk offered to buy 100% of Twitter Inc (NYSE: TWTR) for around $43 billion.

Reason

Dianne Feinstein and the Dangers of Gerontocracy

Plus: Wikipedia vs. crypto, Elon Musk takes on Twitter, and more...

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