July 17, 2024 6:18 pm

The premier news source for Snohomish County

Twitter, Meta, and the multi trillion-dollar tech industry

twitter

Elon Musk has owned Twitter for a few weeks now, but it isn’t hyperbole to call his tenure there “interesting.” Unable to back out of the $44 billion purchase, Musk quickly made the company private, fired top executives, and laid off roughly half of Twitter’s employees. However, that decisiveness has yet to show dividends, leaving […]

Elon Musk in a $43 Billion hostile takeover of Twitter

Elon Musk twitter

Today, Elon Musk, the world’s richest man, in a tweet disclosed a Securities and Exchange Commission filing to amend the original purchase of 9.1% (or 73,115,038 shares) of Twitter stock to now include 100% of stock (over 800 million shares) in the company. This is nothing less than a classic hostile takeover of Twitter by […]

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