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The Latest Breaking News from Jack Dorsey

Elon Musk secures $7.1 billion in new financing for Twitter

Elon Musk has secured about $7.1 billion of new financing commitments for his proposed $44 billion takeover of Twitter Inc., winning the backing of some of the world’s largest investors.

Tribune News Service

Tesla Chief Likely To Take Over As Temp Twitter CEO: CNBC

Tesla, Inc (NASDAQ:TSLA) chief Elon Musk will likely serve as Twitter, Inc's (NYSE:TWTR) temporary CEO for a few months post the $44 billion takeover closes, CNBC reports. As per sources to CNBC's David Faber, Musk recently led investor presentations offering financial projections based on his analysis of Twitter. Musk complained against Twitter's EBITDA margin…

Benzinga

Musk Raises $7.1B From Investors, May Become Twitter Interim CEO

The $7.1 billion to fund the acquisition of Twitter sees Elon Musk's margin loan against his shares in Tesla reduced from $12.5 billion to $6.25 billion.

InsideEVs

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Binance invests in Elon Musk takeover, cementing Twitter's crypto ties

But Elon Musk's views on cryptocurrency in general are anything but certain.

Input

Twitter Offshoot Bluesky Releases Early Code For Decentralized Social Network

Twitter Inc (NYSE: TWTR) offshoot Bluesky has released its first open-source code for a decentralized social network.

Benzinga

Musk seeks to use less of his fortune with bid for more Twitter funding

The tech mogul is looking at various options such as pledging his shares of Tesla to secure bank loans

The Guardian - US

Jack Dorsey Says This Was His 'Biggest Failing' At Twitter

Twitter, Inc.'s (NASDAQ: TWTR) co-founder Jack Dorsey, who gave up his chief executive officer role at the social media platform late last year, shared his insights into what it would take to reinvigorate the platform.

Benzinga

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What happens to #BlackTwitter when Musk takes over?

BlackPlanet? Tumblr? Or, God forbid — MySpace?

Tribune News Service

Jack Dorsey says Twitter ‘has always tried to do its best’ ahead of $44bn sale to Elon Musk

Twitter founder attempts to address concerns after internal townhall meet amid mass exodus concerns

The Independent UK

Musk's Twitter Purchase Puts Moral Champion in Crosshairs

The fate of Twitter's top attorney, deemed a moral champion of the platform, was in doubt Wednesday after Elon Musk tweeted displeasure with content moderation she had carried out. Musk, the world's richest man, has vowed to be a free speech absolutist when he takes control of the global messaging…

Asharq Al-Awsat

Florida Faces First Amendment, Contract, and Budget Issues in Dissolving Disney District

Plus: Russia accuses NATO of war by proxy, Elon Musk's confusing comments on free speech, Biden bans incandescent light bulbs, and more...

Reason

Coinbase CEO: Elon Musk Buying Twitter Is A 'Great Win' For Free Speech

Brian Armstrong, founder and chief executive of cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN), has voiced his approval of Tesla Inc (NASDAQ: TSLA) CEO Elon Musk

Benzinga

Amid Twitter’s Musk meltdown, Mark Hamill pledges to stay on ‘no matter who owns it’

When word exploded online Monday that Elon Musk had struck a deal to buy Twitter for $44 billion — a deal that still faces shareholder approval — many users announced they were leaving the social platform.

Los Angeles Times

Elon Musk urged to ‘clean up’ Twitter’s digital town square

Conservative MP Damian Collins, who chaired the Joint Committee on the draft Online Safety Bill, said Mr Musk must target bots accounts.

The Independent UK

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The Guardian - UK

The Twitter shareholders set to make millions from Elon Musk’s takeover

Analysis: From founder Jack Dorsey to dotcom pioneer Martha Lane Fox … the big players in line for big payouts

Input

Azealia Banks and Jack Dorsey thank Elon Musk for buying Twitter

Banks is just happy to be back in the Twittersphere; Dorsey says Musk can "extend the light of consciousness."

Evening Standard

Tech & Science Daily: Twitter’s Dorsey welcomes Elon takeover

Twitter founder Jack Dorsey has welcomed Elon Musk’s all-but-done takeover of the social media platform.

Al Jazeera

Nigerians react to Elon Musk’s Twitter takeover

Nigerians fear the billionaire Twitter owner’s philosophy of free speech absolutism could affect their freedom of speech

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Tribune News Service

Elon Musk’s $21 billion mystery: Where will he get cash for Twitter?

Elon Musk and Twitter Inc. reached an agreement for the world’s richest man to buy the social networking platform for $44 billion, resolving the pressing question of whether the company’s board would consent to the leveraged buyout deal.

Bangkok Post

Where will Elon Musk get cash for Twitter?

Elon Musk and Twitter Inc reached an agreement for the world’s richest man to buy the social networking platform for US$44 billion, resolving the pressing question of whether the company’s board would consent to the leveraged buyout deal.

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, April 26

CNBC

Benzinga

Twitter Has Often Faced Regulatory Heat In India — Minister Hints Elon Musk Takeover Won't Change This Overnight

As the world's richest person, Tesla Inc.

Evening Standard

City comment: Elon Musk’s Twitter takeover could herald return of Jack Dorsey

Who will run Twitter now that Elon Musk owns it?

The Guardian - UK

Twitter takeover: EU and UK warn Elon Musk must comply or face sanctions

EU commissioner raises hate speech concerns as UK draws attention to penalties in online safety bill

Benzinga

Jack Dorsey In For $978M Payday Once Elon Musk Completes Twitter Takeover

Former Twitter Inc (NYSE: TWTR) CEO Jack Dorsey stands to earn close to $1 billion once Elon Musk completes his takeover of the social media platform.

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