The company's board and the Tesla CEO are said to be hammering out the final details of his $54.20 a share bid.
But Musk’s financing plan and the board’s willingness to entertain “constructive conversation” makes a deal more likely, according to Angelo Zino, an analyst with CFRA Research. And internally, Twitter employees have raised concerns about Musk’s potential effect on the culture. Musk took a more than 9 percent stake in Twitter earlier this year, leading to two wild weeks of back-and-forth with the company. Twitter had seemed poised to reject the Tesla CEO’s unsolicited offer of $54.20 a share for the social media platform. The two sides were discussing such details as a timeline to close a potential deal and any fees that would be paid if such an agreement later fell apart, according to the report. Musk is worth about $259 billion according to the Bloomberg Billionaire’s Index, but much of his wealth is tied up in stock.
A sale would cap a dizzying saga for Twitter and Elon Musk, the world's richest man and a prolific user of the social media platform.
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Workers say they have been left largely in the dark about what a sale to the billionaire would mean for them and their shares in the company.
The stress at the mention of Mr. Musk is a stark contrast to the welcome he enjoyed from employees two years ago. But other employees have argued in internal messages seen by The Times that their co-workers have shifted too far to the left side of the political spectrum, making employees who support Mr. Musk’s plans too uncomfortable to speak up. Mr. Musk, after all, fought with officials in California to keep his car factory open early in the pandemic. Employees said they feared missing out on the long-term value of their stock at Mr. Musk’s price of $54.20 per share. “This is meant to provide some peace of mind and explain how these things typically work, not because we believe there will be one outcome versus another,” he wrote in messages to employees reviewed by The Times. As the takeover fight played out over the last two weeks, Twitter employees said they were frustrated that they had heard little from management about what it meant for them, even as Twitter closed in on a deal with Mr. Musk on Monday morning. Twitter’s recruiting problem could balloon further if current employees quit, as some have warned they would do if Mr. Musk took over. One of the top concerns among Twitter workers is whether they will take a financial hit from Mr. Musk’s acquisition. They see Mr. Musk’s proposal to revert to Twitter’s early, lax approach as a rebuke of their work. After years of leadership squabbles, demands for change from activist investors and the boundary-testing tweets of former President Donald J. Trump, Twitter’s more than 7,000 employees are accustomed to turmoil. As the board of directors confers with bankers, lawyers and expensive public relations firms, employees are often kept in the dark. Employees said they had largely stopped celebrating the richest man in the world since he declared his intent this month to buy Twitter, scrap its content moderation policies and transform the publicly traded company into a private one.
Tesla chief executive, the world's richest person, wins fight to take over influential social network for $44bn. Tesla and SpaceX CEO Elon Musk.
The social-media company is in discussions to sell itself to Elon Musk, a dramatic turn of events just 11 days after the billionaire unveiled his $43 ...
Assuming there isn’t a last-minute snag, the deal is expected to be announced after the market closes Monday, if not sooner. - Twitter, Elon Musk Deal Could Be Announced Monday You may cancel your subscription at anytime by calling Customer Service.
(AP) - Twitter's board and Tesla CEO Elon Musk negotiated into the early hours of Monday over his bid to buy the social media platform, The New York Times ...
Musk himself is a prolific tweeter with a following that rivals several pop stars in the ranks of the most popular accounts. Eventually he became CEO and led the company to astronomical success as the world’s most valuable automaker and largest seller of electric vehicles. But much of his money is tied up in Tesla stock — he owns about 17% of the electric car company, according to FactSet, which is valued at more than $1 trillion — and SpaceX, his privately held space company. Truth Social is part of Trump’s new media company, which has agreed to be taken public by Digital World Acquisition Corp. Shares of DWAC dropped 16.2% Monday and are down 46% since Musk revealed his stake in Twitter. The SEC has been investigating Musk’s August 2018 tweets in which he asserted that he’d secured funding to take Tesla private for $420 a share, though he had not. Asked during a recent TED talk if there are any limits to his notion of “free speech,” Musk said Twitter or any forum is “obviously bound by the laws of the country that it operates in. With initial concerns of its own about the deal, Twitter had enacted an anti-takeover measure known as a poison pill that could make a takeover attempt prohibitively expensive. During his candidacy and presidency, Trump used Twitter as a powerful megaphone that enabled him to speak to the public directly, often using incendiary and divisive language on hot-button issues. Some users said Monday that they were planning to quit the platform if Musk took it over. Musk said last week that he had lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal. So obviously there are some limitations on free speech in the US, and, of course, Twitter would have to abide by those rules.” “Do not allow 45 to return to the platform.
Twitter accepted Elon Musk's bid to take the company private, giving the world's richest man control over the influential social-media network.
- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon The deal has polarized Twitter employees, users and regulators over the power tech giants wield in determining the parameters of acceptable discourse on the internet and how those companies enforce their rules. You may cancel your subscription at anytime by calling Customer Service.
Elon Musk has said he wants to promote free and open speech on the service, which he has said he sees as an essential place for sharing viewpoints.
Here’s what he’s said about his plan and how fast he could change things. Musk offered $54.20 per share for Twitter and outlined his plan to secure $46.5 billion to finance his deal.
(Reuters) - Twitter Inc is set to agree to Elon Musk's $43 billion takeover bid, his "best and final" offer for the social media company, people famil...
April 9, 2022 Musk tweeted https://twitter.com/elonmusk/status/1512946176244473863, April 5, 2022 Agrawal tweeted https://twitter.com/paraga/status/1511320953598357505?s=21&t=Is9i_R_hPKzFuUV5VhxUZQ in a tweet https://twitter.com/jack/status/1511329369473564677?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1511329369473564677%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Feconomictimes.indiatimes.com%2Fmagazines%2Fpanache%2Fto-celebrate-memelord-elon-musks-twitter-board-entry-netizens-flood-the-internet-with-jokes%2Farticleshow%2F90687616.cms, April 14, 2022 Musk tweeted https://twitter.com/elonmusk/status/1514564966564651008 April 10, 2022 Twitter CEO Agrawal shared a note https://twitter.com/paraga/status/1513354622466867201 tweeted https://twitter.com/elonmusk/status/1517215066550116354
Before Twitter accepted Musk's $44 billion offer, he has floated numerous ideas for changing the social network. Not all of those proposals have been ...
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Twitter's decision to accept billionaire Elon Musk's bid to buy the company and take it private prompted polarized reactions in Washington, D.C..
"Just a reminder that from 2014-2018, Elon Musk paid an effective tax rate of 3.27%," she wrote after the news of the finalized deal. On the right, optimism about "free speech" on Twitter stems from Musk's own critiques of the platform's content moderation practices. "It is time to replace Big Tech censorship with the battle of ideas and I am hopeful for a new free speech direction at @Twitter." We need a Billionaire Minimum Income Tax." "Today is an encouraging day for freedom of speech," tweeted Sen. Marsha Blackburn, R-Tenn., who has introduced legislation to restrict online platform's liability shield around content moderation. Billionaires like Elon Musk play by a different set of rules than everyone else, accumulating power for their own gain. Billionaires like Musk pay lower tax rates than firefighters, teachers, and nurses. If that sounds absurd, it's because it is. The reactions highlight how differently both sides see the core issues in the tech industry, underscoring why Congress has yet to pass legislation that could seriously impact the sector, on topics including digital privacy, antitrust and content moderation. Twitter banned Trump from the platform following his tweets around the Jan. 6 insurrection at the U.S. Capitol last year. We need a wealth tax and strong rules to hold Big Tech accountable." Musk called Twitter "the digital town square" in a statement accompanying the press release of the news.
El multimillonario Elon Musk llegó a un acuerdo para adquirir Twitter por aproximadamente 44.000 millones de dólares, informó la empresa el lunes.
Pero cuando Musk explicó los compromisos financieros que hizo para respaldar su oferta de 46.500 millones de dólares —y no surgieron otros compradores— la junta inició las negociaciones con él. Musk se describe como un “absolutista de la libertad de expresión”, aunque no ha aclarado exactamente a qué se refiere con eso. Sin embargo, el mismo Musk con frecuencia bloquea a usuarios de redes sociales que lo han criticado a él o a su empresa y ha usado la plataforma para amedrentar a reporteros que han escrito artículos en que lo critican a él o a su compañía.
Elon Musk parece acercarse de su objetivo de comprar Twitter: varios medios estadounidenses afirmaron este lunes que el grupo está a punto de aceptar una ...
Musk posee actualmente algo más del 9% del capital de la red social. Musk prometió transformar la red social para convertirla en "la plataforma de la libertad de expresión en todo el mundo", sin detallar los cambios que pensaba aplicar, con excepción de algunas funciones como la de un botón para "modificar" un tuit luego de publicarlo. Poco después de ingresar al capital del grupo, el excéntrico fundador de Tesla había sido invitado a integrarse al directorio de la firma, pero declinó la oferta. Según la prensa, el consejo de administración de Twitter se reunió el domingo para revisar la propuesta del multimillonario. En un principio, el consejo de administración se había mostrado reacio, considerando usar una cláusula denominada "píldora venenosa" para dificultar la adquisición. A contracorriente de lo que ocurre en la bolsa, los papeles de la red del pajarito azul subían 2,92% a las 14H45 GMT en el New York Stock Exchange, a 50,36 dólares luego de ganar 4% a inicios de jornada.
Twitter is smaller than you think. The company has around 7000 employees, compared to other social media platforms like Meta, formerly Facebook, ...
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El acuerdo culmina un ciclo de noticias vertiginoso en el que el CEO de Tesla y SpaceX se convirtió en uno de los mayores accionistas de Twitter, se le ofreció ...
Twitter debe transformarse en una empresa privada". El acuerdo pondría al hombre más rico del mundo a cargo de una de las plataformas de redes sociales más influyentes del mundo. "Invertí en Twitter porque creo en su potencial para ser la plataforma para la libertad de expresión en todo el mundo, y creo que la libertad de expresión es un imperativo social para una democracia que funcione", dijo Musk en su carta de oferta a Twitter. "Sin embargo, desde que hice mi inversión, ahora me doy cuenta de que la empresa no prosperará ni cumplirá con este imperativo social en su forma actual.
La junta directiva de Twitter acordó este lunes aceptar una oferta de compra por valor de US$44.000 millones realizada por el multimillonario Elon Musk.
La empresa finalizó 2021 con más de 200 millones de usuarios diarios en todo el mundo, un 13% más que el año anterior. "Twitter tiene un enorme potencial. Twitter respondió implementando la llamada defensa de la "píldora venenosa", creando dificultades para que Musk pudiera aumentar su participación en la empresa. A principios de abril se supo que el multimillonario se había convertido en el principal accionista de la empresa con una participación del 9,2%. Bret Taylor, presidente de la junta de Twitter, dijo que la junta había llevado a cabo un "proceso integral" para evaluar las propuestas de Musk para la empresa. "La libertad de expresión es la base de una democracia para que funcione y Twitter es la plaza pública digital donde se debaten asuntos vitales para el futuro de la humanidad", dijo Musk en el comunicado en el que anunció el acuerdo.
El multimillonario sudafricano ha dicho que quiere ver más "libertad de expresión" en la red social, y que haya menos moderación.
En mi observación no científica, por cada tuit de bienvenida a Musk, parece haber otro que amenaza con irse. El principal modelo comercial de Twitter se basa en anuncios, y Musk quiere cambiar eso. Ya tiene mucho, y los multimillonarios pueden darse el lujo de tener diferentes prioridades. Elon Musk ama Twitter. Tiene una enorme audiencia de 87 millones de seguidores. ¿Cómo me atrevo a sugerir algo semejante? En un principio, la historia de Twitter y Elon Musk se siente como una historia de amor no correspondido.
Elon Musk lo consiguió. Después de semanas de especulación, finalmente la compañía aceptó la oferta de compra de Twitter por parte del fundador de Tesla y ...
En esos años, Jack Dorsey vivió momentos de mucha presión, sobre todo en relación con el presidente Donald Trump y su conflictiva forma de utilizar la red social. Mayo de 2011: Sohaib Athar, un consultor de tecnología informática en Abbottabad, Pakistán, sin darse cuenta, tuiteó en vivo la redada llevada a cabo por una unidad especial de las fuerzas militares de Estados Unidos, que mató a Osama bin Laden. Lo hizo luego de ver helicópteros sobrevolando su vecindario. Un testigo ocular tuiteó una fotografía que fue compartida por muchos, de los pasajeros que esperaban ser rescatados en el ala del avión. Esto consolidó el estado de Twitter como una herramienta para dar a conocer noticias en tiempo real. Junio de 2009: Después de las conflictivas elecciones en Irán, miles de personas salieron a las calles de Teherán para protestar. Y Musk no se detuvo con la adquisición de acciones. Nos comunicaremos de nuevo más adelante; envíen sus preguntas". 4 de abril 2022: Elon Musk anuncia que compró el 9,2% de las acciones de Twitter, lo que le convertía en el mayor accionista individual de la empresa. Ahora soy el sujeto que comentó en vivo la redada contra Osama bin Laden sin saberlo". Por un escaso margen, Kutcher ganó ese título. El gobierno iraní tomó medidas enérgicas en contra de los informes de los medios de comunicación acerca de las protestas, así que los manifestantes acudieron a Twitter para expresarse, lo que inspiró la frase "Twitter Revolution" (Revolución en Twitter). Tanto el tuit como la posterior compra de acciones se produjeron después de las últimas críticas de Musk a Twitter, en las que afirmaba que la plataforma no permite la libertad de expresión. Desde el pasado lunes 4 de abril, se dio a conocer que Musk había comprado recientemente el 9,2% de las acciones de Twitter, lo que le convertía en el mayor accionista individual de la empresa.
Elon Musk, la persona más rica del mundo, será el nuevo propietario de Twitter, según anunció este lunes la compañía | Noticias Univision Estados Unidos ...
También puede haber infringido las normas de divulgación de la SEC cuando acumuló una participación en Twitter a principios de este año. de muchas de sus voces conservadoras", dijo Trump. En sus declaraciones del miércoles -antes del anuncio de Musk- Trump dijo que "probablemente no tendría ningún interés" en volver a Twitter, donde tenía más de 88 millones de seguidores.
El director ejecutivo de Tesla ha criticado las políticas de moderación de contenido de Twitter y aboga por los algoritmos de código abierto.
Pero sus comentarios sobre la libertad de expresión han avivado la teoría de que Twitter, bajo su propiedad, podría reincorporar a Trump, a quien se le prohibió el acceso a la plataforma el año pasado. El exmandatario, conocido por publicar tuits en los que critica a opositores y, en ocasiones, anunciaba cambios de política pública, está tratando de iniciar su propia red social. La pregunta sobre Trump. Musk no ha comentado públicamente cómo manejará el asunto de la cuenta de Twitter del expresidente de Estados Unidos Donald Trump que fue suspendida de manera permanente. El algoritmo. Libertad de expresión y moderadores de contenidos. Después de los disturbios del 6 de enero en el Capitolio, Twitter anunció que Trump había violado sus políticas al incitar a la violencia entre sus seguidores.
El empresario multimillonario Elon Musk acordó comprar Twitter por 44 mil millones de dólares, utilizando uno de los acuerdos de compra apalancada más ...
Después de una oferta pública inicial en 2013, la compañía consideró vender en 2016, atrayendo el interés de empresas desde Walt Disney hasta Salesforce. El 15 de abril, Twitter adoptó un plan de derechos de los accionistas, una medida conocida como píldora venenosa, para defenderse de los postores no deseados. Dorsey en 2020 se enredó con un inversionista activista que obligó a Twitter a establecer objetivos de crecimiento específicos y agregar una mayor responsabilidad a la junta. Para marzo, había intensificado sus críticas a Twitter, alegando que los algoritmos de la compañía están sesgados y las fuentes están repletas de publicaciones basura automatizadas. sobre la libertad de expresión en línea. “Twitter tiene un enorme potencial; espero trabajar con la empresa y la comunidad de usuarios para desbloquearlo”.
Los inversionistas recibirán 54,20 de dólares por cada acción que posean de la red social, según informó la compañía. | Empresas | Portafolio.co.
Musk también podría buscar hacer de Twitter una empresa más rentable y aumentar el número de usuarios. Con esto se abre el debate sobre el poder de los medios y el futuro de la red social. El fin de la novela. Musk, que ya poseía un porcentaje mayor al 9% de la compañía antes de la última cruzada, prometió transformar la red social para convertirla en “la plataforma de la libertad de expresión en todo el mundo”, sin detallar los cambios que pensaba aplicar, con excepción de algunas funciones como la de un botón para “modificar” un tuit luego de publicarlo, recuerda la agencia AFP. “La libertad de expresión es la base de una democracia que funciona, y Twitter es la plaza pública digital donde los temas vitales para el futuro de la humanidad se debaten”, declaró Musk, el hombre más rico del mundo, en el comunicado en que se anuncia la compra de la red social. “La creación de ingresos es necesaria para la supervivencia del negocio en el largo plazo y ese ha sido el principal reto de Twitter en los últimos años donde no ha materializado un sistema de generación de ingresos estable y creciente”, explicó, y recordó que Twitter tiene una base muy importante de usuarios activos que “le da un valor intrínseco a la compañía” para ofrecer productos alternativos.
Que Elon Musk haya comprado Twitter no hace más que subrayar 2022 como el año en que están cristalizando cambios decisivos.
The $44 billion purchase of the social-media company is a gamble that could break Silicon Valley's culture of progressive conformity.
But it will be fascinating to watch Mr. Musk try to break Silicon Valley’s culture of progressive conformity. “I hope that even my worst critics remain on Twitter,” Mr. Musk tweeted Monday, “because that is what free speech means.” How supervillainous of him. Does Mr. Musk realize he’s walking into a hornet’s nest? Yet Silicon Valley’s tech lords have decided they want to be arbiters of speech on political topics like climate change and the origins of Covid. A former CEO of the social site Reddit called for government regulation “to prevent rich people from controlling our channels of communication.” That line was published in an op-ed at the Washington Post, which is owned by the noted pauper Jeff Bezos. On Monday he mentioned “enhancing the product with new features,” as well as “authenticating all humans.” - Opinion: The Strategic Logic of Russia’s War on Ukraine Then Mr. Musk announced financing and began calling big shareholders to make his pitch. That amounts to roughly 10% of his net worth, going by the Forbes estimate. Mr. Musk at a conference this month seemed to muse about permitting any tweet that’s legal. As collateral on debt, Mr. Musk would also pledge about a third of his Tesla stake. Before his stake became public, Twitter was trading near $39. The company’s board at first seemed poised to reject the deal, and it adopted a poison pill.
Elon Musk is officially set to buy Twitter, and the company's employees have questions.
He added that, "Twitter has tremendous potential -- I look forward to working with the company and the community of users to unlock it." "This is indeed a period of uncertainty," Agrawal said. Once the deal closes, different decisions might be made." He also said that "there are no plans for any layoffs at this point" and that Twitter's remote work policies will continue until the deal closes. "That doesn't mean things won't change, things have been changing ... I have been talking about driving positive change at the company, and I will continue doing so because it makes us better and it makes us stronger. It also raises big questions about how Musk's proposed changes for the platform
On Twitter, in private messages and in interviews with The Washington Post, employees expressed fear about Musk's $44 billion takeover. Twitter CEO Parag ...
Once the company goes private, employees’ shares would be paid out to them in cash. In the town hall, Twitter executives and board chair Taylor acknowledged emotions were running high for people. The acquisition, which would rank among the largest-ever activist takeovers of a publicly traded company, would take the company private over the course of three to six months, executives said in the town hall. He has also been known as a harsh manager who will seek to fire people on the spot when they are not onboard with his way of thinking, including at one point disbanding his entire public relations team. Twitter was the first company to take action against former president Donald Trump for his tweets supporting Capitol rioters on Jan. 6, 2021, and engineering teams have spent years building tools to fight spam, disinformation and hate speech under an initiative known as healthy conversations. Some tweeted tear-filled emoji and memes of people having emotional breakdowns, while others told The Post they were too in shock to speak.
You know what, I'm into it. Let's go full, unkempt beard for this one. The Gen-Xers are online and they are posting Radiohead on main.
“This is the right path... Elon’s goal of creating a platform that is “maximally trusted and broadly inclusive” is the right one. This is the right path...I believe it with all my heart. “Solving for the problem of [Twitter] being a company however, Elon is the singular solution I trust. “Twitter is the closest thing we have to a global consciousness,” Dorsey wrote. Taking it back from Wall Street is the correct first step.” This seems to imply Dorsey thinks Musk’s ideas about building Twitter’s subscription business are on the right path; on the other hand, Musk has said the deal “is not a way to make money.” Fun!
Three of the most honest words in journalism are "I don't know." The words are mighty useful right now, as the entire tech and media universe digests the ...
Now Musk gets to be its wizard." Two, only 23% of Americans use Twitter, which makes it tiny compared to the 66% who use Facebook... >> Brian Lowry adds: "For what it's worth, put me in the column of people who think that for conservatives who have been railing about being discriminated against on social media, Musk acquiring Twitter might wind up being a 'Be careful what you wish for' moment. -- Katie Notopoulos wrote a letter to fellow Twitter addicts: "We crave the bad tweets, the bad takes, the ratios, the pile-ons, the quote tweet dunks." (The Atlantic But that's the point." -- Researcher Ethan Zuckerman: "I have no idea what Twitter will be like under Elon's leadership and neither do you. >> So: When will Musk elaborate on his plans? A headline on the Wall Street Journal homepage put it this way: "Republicans Cheer Deal; Democrats See Perils." Now he will be held to those. What will Musk do? Three of the most honest words in journalism are "I don't know."
Donald Trump regresaría a la plataforma, de acuerdo con un audio de la llamada obtenido por CNN. ¿Cuánto dinero tiene Elon Musk y cuántas empresas tiene? La ...
Si trabajamos juntos, no tendremos que preocuparnos por perder el núcleo de lo que hace poderoso a Twitter, que es que todos nosotros trabajemos juntos en interés de nuestros clientes todos los días”. él quiere que Twitter sea una fuerza poderosa y positiva en el mundo, como todos nosotros”, dijo Agrawal. Otros empleados preguntaron qué podría significar la adquisición de Musk para la retención y el desgaste de los empleados. Una vez que se cierre el trato, se podrían tomar diferentes decisiones”. También plantea grandes preguntas sobre cómo tomarán forma los cambios propuestos por Musk para la plataforma, incluida la relajación de las restricciones de contenido. seguiremos tomando decisiones como siempre lo hemos hecho, guiados por los principios que hemos tenido”, dijo.