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The Latest Breaking News from Twitter Inc.

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

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

Capacity building vital for countering online threats, say experts

‘Pakistan-based entities fomenting disharmony’

The Hindu

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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

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

By JohnSlots

Benzinga

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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

Twitter adopts ‘poison pill’ to ward off Musk takeover

Tribune News Service

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.

Axios

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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.

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

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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

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...

France 24

Does Elon Musk have the money to buy Twitter?

We take a closer look at the bid by the world's richest man to buy Twitter for $43 billion. Elon Musk would need the backing of major investment firms for the hostile takeover. We explore what a potential purchase could mean for free speech on Twitter and find out why…

USA Today Sports Media Group

Tom Brady had hilarious request for Elon Musk amid Twitter rumors

Tom Brady had a hilarious question for Elon Musk on Twitter.

Benzinga

Twitter CEO Said To Tell Employees Amid Elon Musk Offer: Company Bigger Than 'One Human, Any Human'

Twitter Inc.

USA Today Sports Media Group

Twitter reacts: JT Daniels transfers to West Virginia

Georgia Bulldogs quarterback JT Daniels has transferred to the West Virginia Mountaineers over Missouri and Oregon State.

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People

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