In the otherwise-sleepy town of Arthur, Illinois, this week brought a life-changing surprise for hundreds of workers at locally based garage-door maker, C.H.I. Overhead Doors. C.H.I.’s private...
Tag: Takeover
JetBlue launches hostile takeover bid for Spirit Airlines
JetBlue Airways launched a hostile takeover bid for Spirit Airlines, heating up a battle for the discount carrier that rebuffed JetBlue’s $3.6 billion offer earlier this month and stuck with an ...
Elon Musk To Twitter: Prove Spam Data Or The Takeover Deal Is Off
Updated at 9:40 am EST Twitter (TWTR) – Get Twitter, Inc. Report shares edged higher Tuesday, potentially snapping their recent run of eight consecutive session declines, after Tesla (TSLA) &#...
Spirit Airlines Stock Soars As JetBlue Launches Hostile Takeover
Updated at 9:32 am EST Spirit Airlines (SAVE) – Get Spirit Airlines, Inc. Report soared higher Monday after JetBlue Airways (JBLU) – Get JetBlue Airways Corporation Report launched a hos...
Twitter Shares Plummet by 20% as Elon Musk’s $44 Billion Takeover Shelved
The anticipated takeover of Twitter by Elon Musk, the CEO of Tesla Inc., was temporarily postponed as he waited to be briefed about the social media giant’s fake accounts. Musk tweeted: “Twitter...
Twitter Shares Shed 20% As Elon Musk Says $44 Billion Takeover Deal Postponed
Elon Musk announced on Friday that his planned $44 billion acquisition of Twitter is “temporarily on hold,” a further twist in the face of hints of internal strife around the potential acquisition. Fo...
Gloating Twitter short-seller trolls Elon Musk as takeover wobble sees all share gains wiped out
Twitter shares could end up wiping out all their gains since Elon Musk first built a 9.2% stake in his favorite social media platform. News that the Tesla CEO had frozen the deal pending confirmation ...
Twitter boss Parag Agrawal fires top executive on paternity leave as Musk takeover looms
Twitter is shaking up its executive team and implementing a hiring freeze ahead of Elon Musk’s $44 billion takeover, with departing executives venting their disappointment on the social platform. The ...
Famed short-seller betting Elon Musk tanks Twitter stock by slashing his takeover bid
A short-seller known for uncovering the Nikola Motor fraud has bet against Twitter, warning publicly that Elon Musk has “all the cards” to renegotiate a lower price. In a statement on Monday, Hindenbu...
Elon Musk’s Twitter Takeover Gives Crypto Aficionados A New Hope
Elon Musk, the CEO of Tesla and SpaceX and one of the most influential crypto proponents, recently bought Twitter for $44 billion, stirring up a lot of debates and opinions across the internet. There’...
Elon Musk lays out Twitter hiring plans after job interest skyrockets on the back of his takeover bid
Current Twitter employees have shared concerns over potential culture changes at the company after Elon Musk moved to take it over. But by some metrics, job interest in the company has skyrocketed sin...
JetBlue Airways at a crossroads after Spirit rejects its takeover offer
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty...
Binance and Sequoia Capital amongst Firms Bankrolling Elon Musk’s Twitter Takeover
The move by Changpeng Zhao and the Binance exchange to fund Elon Musk’s visions for Twitter is a very ambitious one. Elon Musk’s takeover of social media giant Twitter Inc (NYSE: TWTR) has drawn a con...
Elon Musk to Reportedly Serve as Temporary Twitter CEO After Takeover
Tesla and SpaceX CEO Elon Musk is expected to temporarily assume the CEO position at the social media giant Twitter, after the deal to purchase the company is finalized. According to a report by CNBC ...
Binance pledges $500m to Elon Musk amid Twitter takeover
Binance is the unlikely name on Twitter’s list of newly acquired shareholders. Elon Musk’s buyout of social media group Twitter has attracted $500 million in equity investment from Binance, the world’...
Andreessen Horowitz (a16z) to Invest $400 Million in Elon Musk’s Twitter Takeover to Combat Cryptocurrency Spam Bots
– Advertisement – A16z disclosed that it will provide a $400 million financial backing to enable Elon Musk to acquire Twitter. Leading venture capital firm Andreessen Horowitz has announce...
Binance Declares Support for Elon Musk’s Twitter Takeover Via a $500 Million Investment
– Advertisement – Binance joins other equity investors in providing financial backing for Elon Musk’s Twitter acquisition plans. World’s largest cryptocurrency exchange by trade volume Bin...
Binance to Invest $500 Million With Elon Musk in Twitter Takeover
Recently Twitter had agreed to sell itself to Elon Musk for a roughly $44 billion deal as this would expand Musk’s business empire. Now, interestingly, Binance, the largest crypto exchange has come up...
Binance, 18 Investors Commit $7.1 Billion to Elon Musk’s Twitter Takeover
Binance, the world’s largest cryptocurrency exchange in terms of daily trading volume, and 18 other equity investors committed over $7.1 billion to American billionaire Elon Musk’s acquisition of Twit...
Coinbase CEO Brian Armstrong Predicts How Crypto Can Change Twitter Following Elon Musk Takeover
Coinbase chief executive Brian Armstrong says decentralized social media (DeSo) is on its way up, possibly beginning with Elon Musk’s Twitter takeover. In an interview with economic think-tank Milken ...
Crypto and Twitter’s takeover by Elon Musk
Crypto world friction might be the smoky reserved alcove for haggling in DeFi with Twitter in the limelight It’s where one visits when they need to siphon up, or wreck, the cost of a token Where make...
Institutional Investors Overwhelmingly Betting on Crypto Takeover This Decade: New Survey
A new survey by crypto exchange Bitstamp shows that institutional investors have an overwhelming belief in the potential of crypto as a new asset class. The survey involved 5,502 institutional investm...
Dogecoin Plummets As Investors’ Doubts After Musk Twitter Takeover Unfold
Investors are raising concerns about Elon Musk’s acquisition of Twitter. After soaring to a multi-week high price, the Dogecoin has crashed by 20% and is trading at $0.1381 with a total market cap of ...
In leaked all-hands meeting, Twitter CEO fields questions about Elon Musk’s takeover
If you wanted to be a fly on the wall during the first Twitter all-hands meeting after the platform accepted Elon Musk’s $44 billion bid, you’re in luck. Audio from Twitter’s company...
Elon Musk’s Twitter Takeover Will Fuel Major Rally for One Altcoin, Says Top Crypto Trader
A top cryptocurrency analyst is naming one digital asset that could spike amid Elon Musk’s plans to acquire Twitter. Pseudonymous crypto trader Altcoin Sherpa tells his 174,200 Twitter followers that ...
Anxiety As Chelsea Fans Around The World Face The End Of Abramovich’s Bottomless Spending
Chelsea fans protest outside the ground against the potential sale of the club to the Ricketts … [+] family PA Images via Getty Images Chinedu Vincent Chidebelu just wants the melodrama to end. ...
Twitter Accepts Elon Musk’s $44 Billion Takeover Bid
In a remarkable turnaround, the board of Twitter has accepted Elon Musk’s $44 billion bid to buy the social media company—not long after it rebuffed the billionaire’s buyout attempt. Under...
What does Elon Musk’s takeover of Twitter mean for the crypto market?
In one of the largest tech acquisitions in history, Elon Musk bought Twitter Inc. (NYSE: TWTR), giving him control of the social-media network he had expressed interest in acquiring as early as 2017. ...
Ex Twitter CEO Jack Dorsey and Coinbase CEO Praise Elon Musk’s Twitter Takeover
– Advertisement – Musk’s Twitter purchase will truly enable freedom of speech – Brian Armstrong Musk will bring decentralization to Twitter – Jack Dorsey Brian Armstrong, Coinbase CEO, h...
Jack Dorsey Approves of Elon Musk’s Takeover of Twitter
While the acquisition of Twitter is now subject to shareholder and regulatory approvals, there are many prominent figures that have criticized the move, one of whom is Jeff Bezos. Jack Dorsey, the co-...
Twitter staff going ‘absolutely insane’ over Musk takeover – live updates
Twitter – REUTERS/Dado Ruvic/Illustration/File Photo Twitter has blocked its junior staff from making changes to its website, amid reports the atmosphere at the social media giant is “absolutely...