Elon Musk in a $43 Billion hostile takeover of 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 […]
Jack Dorsey resigns from Twitter
Effective immediately, Jack Dorsey, 45, is stepping down as CEO of Twitter. Parag Agrawal, Twitter’s chief technology officer, is the company’s new CEO. “I want you all to know that this was my decision and I own it,” Dorsey tweeted today announcing his resignations. “It was a tough one for me, of course. I love […]
