According to a report by Washington Post, Twitter’s board is planning to comply with Elon Musk’s demands as part of the takeover deal. Musk’s demand for internal data and offering access to its full f...
Tag: Deal
DeFi venture funding deal activity fell in May, data shows
advertisement Decentralized finance-focused venture deal activity slumped in May, according to data gathered by The Block Research. Funding in terms of a dollar amount came in at $176.30 million for t...
Spirit Airlines shareholder meeting postponed to continue Frontier, JetBlue deal talks
A JetBlue Airlines plane takes off near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airl...
Shares of China EV maker BYD jump after exec announces Tesla battery deal
This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi’an plant. BYD is set to supply Tesla with batteries “very soon,”...
Elon Musk’s Twitter Deal Draws Investor Suit Over Spam Account Claims
(Bloomberg) — A Twitter Inc. shareholder wants a judge to force the social-media platform to hand over internal files about spam and fake accounts that have become a hot-button issue in billiona...
Musk Threatens to Exit Twitter Deal Over Lack of Information on Fake Accounts
Elon Musk accused Twitter of being in “material breach” of its deal obligations by not providing the required information on fake accounts. Musk has threatened to exit his Twitter deal if the company ...
Inside Elon Musk’s legal strategy for ditching his Twitter deal — Quartz
Elon Musk has buyer’s remorse. On April 25, the billionaire Tesla and SpaceX CEO agreed to buy Twitter for $44 billion, but since then the stock market has tanked. Twitter agreed to sell to Musk at $5...
Oracle quietly closes $28B deal to buy electronic health records company Cerner
At the end of last year, just before Christmas, Oracle made a big move when it announced it was acquiring electronic health records company Cerner for $28 billion, thrusting it quickly into the top en...
Musk’s ‘Buyer’s Remorse’ Won’t Get Him Out of Twitter Deal
(Bloomberg) — Elon Musk formally and forcefully revived his assertion that Twitter Inc. has a serious bot problem, and threatened to walk away from his deal to buy the company if the social netw...
Twitter May Not Get Its Crypto-Friendly Owner: Elon Musk Seeks Exit From Deal
The latest chapter of Elon Musk’s Twitter acquisition may be the saga’s last: A new letter to Twitter’s general counsel alleges that the company hasn’t met its obligations in c...
Twitter Deal Sees Further Stalemate, Elon Musk Warns He Can Pull Out His Bid
Elon Musk, the Chief Executive Officer of electric vehicle giant Tesla Inc, and the prospective owner of social media giant Twitter have sent a filing to the SEC noting it may exercise its rights not ...
Elon Musk Accuses Twitter of ‘Material Breach’ of Agreement — Threatens to End $44B Deal – Featured Bitcoin News
Tesla and Spacex CEO Elon Musk believes that Twitter is in material breach of the merger agreement with him, so he has the right to terminate the deal. The social media giant has refused to provide cr...
Twitter Retreats As Musk Says The Company Materially Breached The Deal
Key Insights Elon Musk believes that Twitter has materially breached the merger agreement. Musk wants to see data that proves that Twitter has less than 5% of fake and spam accounts. Twitter’s losse...
Twitter Stock Drops As Musk Threatens Pull Out Of Deal
Elon Musk threatened Monday to terminate his $44 billion plan to buy Twitter (TWTR), accusing management of failing to comply with his request for data on the number of users and fake accounts on the ...
Elon Musk Threatens to Terminate $44 Billion Deal to Acquire Twitter
Bitcoin News Elon Musk feels Twitter has violated the merger agreement by delaying user information. According to Twitter CEO Parag Agrawal, there are less than 5% of fake accounts. Accusing Twitter I...
Elon Musk Threatens Twitter Deal, Wants Proof on Fake Account Data
Updated at 12:50 pm EST Twitter (TWTR) – Get Twitter, Inc. Report shares slumped lower Monday after Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk doubled-down on his challenge to the...
Elon Musk argues he has the right to pull out of Twitter deal
As Elon Musk spars with Twitter over the company’s reluctance to release more information about its user base, the billionaire owner of Tesla is considering the possibility of pulling out of the...
Musk Hints He Could Walk Away From Twitter Deal Over Bots
Topline Elon Musk threatened to balk on his $44 billion deal to take over Twitter in a Monday morning letter to the company filed with the Securities and Exchange Commission, accusing the social media...
Elon Musk’s Twitter Deal In More Trouble As Data Doubts Drag On
In yet another face off that could potentially ruin Elon Musk Twitter deal proposal, the Tesla CEO detailed his reservations in a letter on Monday. Furthering his objections to the way Twitter goes ab...
Elon Musk Claims Twitter Is in ‘Material Breach’ of $44 Billion Deal Over Refusal to Provide Info on Fake Accounts
Elon Musk slammed Twitter as “actively resisting and thwarting his information rights (and the company’s corresponding obligations)” under the billionaire’s $44 billion deal to acquire the company, be...
Why digital currencies could be ‘big deal’ for central bank balance sheets
A combination of “systemic” central bank digital currencies and stablecoins could significantly alter central banks’ delivery and control of monetary policy and the size and composition of their asset...
Workers want raises. Shippers want robots. The supply chain hinges on reaching a deal
The Ports of Los Angeles and Long Beach handle more than 30% of containerized imports entering the U.S. The expiration of a deal between dockworkers and shippers could snarl that pipeline. (Allen J. S...
US May Allow More Iran Oil to Flow Even Without Deal, Says Vitol
(Bloomberg) — Most Read from Bloomberg The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear accord, according to the biggest independent cr...
Repare Therapeutics shares rise by 25% after it announced its collaboration deal with Roche
Repare Therapeutics Inc (NASDAQ: RPTX), a top clinical-stage precision oncology corporation, announced that it’s executed a collaboration and worldwide license deal with Roche for both the commerciali...
Turning Point Stock Doubles on Bristol Deal. What It Means for Biotech M&A.
Text size Photograph by Georges Gobet/AFP/Getty Images Turning Point Therapeutics stock has more than doubled after Bristol Myers Squibb announced that it had agreed to buy the company. It’s just the ...
Airline Pioneer Frank Lorenzo Says JetBlue-Spirit Deal Would Raise Costs. JetBlue Says Consumers Would Win.
Continental Airlines Chairman Frank Lorenzo announced a $75 million hub expansion at Cleveland … [+] Hopkins International Airport in 1986. Bettmann Archive One of the airline industry’s b...
Couple accused of laundering Bitfinex hack proceeds reportedly seeks plea deal
The case hearing for the couple involved in laundering money for the Bitfinex hack has been postponed. Ilya Lichtenstein and his wife Heather Morgan were accused of being involved in the Bitfinex hack...
SeatGeek tables deal to go public with Billy Beane’s SPAC due to market volatility
General Manager Billy Beane of the Oakland Athletics. Michael Zagaris | Oakland Athletics | Getty Images Ticketing platform SeatGeek and black-check firm RedBall Acquisition Corp. decided to terminate...
Oil Prices on Rise Again as OPEC Considers Suspending Russia From Output Deal
Text size Oil prices have surged above $100 a barrel since Russia’s invasion of Ukraine. David McNew/Getty Images Oil prices edged higher after briefly falling back on Tuesday following a report...
Blockchain Association Singapore and Statutory Board JTC Signs MOU Deal
Blockchain Association Singapore (BAS) and statutory board JTC have signed a Memorandum of Understanding (MOU) to collaborate in co-developing and nurturing a virtual blockchain ecosystem. The virtual...
MoneyGram to open transfer platform with Stellar, eyes wallet deal in El Salvador
MoneyGram International, one of the world’s largest cross-border transfer services, is partnering with the Stellar blockchain to create a stablecoin-based platform for money transfers. The new service...