Twitter to provide fake account data to Elon Musk

The council of the Californian group should provide the multi-billionaire “a flood of data including some 500 million tweets published each day”. Twitter’s board finally relented, according to the Washington Post, and now plans to give Elon Musk access to the data montages needed to answer his questions about the number of fake accounts. On … Read more

The American stock market policeman demanded an explanation from Elon Musk on his rise in the capital of Twitter

The law requires investors to report any equity stake greater than 5%, which the multi-billionaire did not do. The noose is tightening around Elon Musk, accused by investors and also now by the American stock market policeman, of having revealed later than expected by law his investment in Twitter, which he is in the process … Read more

Elon Musk accused by Twitter shareholders of ‘manipulating the market’

The plaintiffs accuse the boss of Tesla of having delayed the moment when he revealed that he had taken a stake in Twitter, a legal obligation beyond certain thresholds. Twitter shareholders have filed a complaint against Elon Musk, whom they accuse of manipulating the market to save money in his takeover of the social network. … Read more

Elon Musk raises direct money to buy Twitter to $33.5 billion

The price of the acquisition, accepted at the end of April, was 44 billion dollars, of which nearly 20 billion come from the personal fortune of Elon Musk. Elon Musk raised to $33.5 billion the amount contributed directly by the entrepreneur and his partners for the takeover of Twitter, further lowering the amount borrowed from … Read more

Elon Musk says he is ‘still committed’ to buying Twitter

The entrepreneur announced earlier to suspend the takeover of the social network, pending details of an audit on the volume of fake accounts. Elon Musk delays. Two hours after he tweeted that “the deal [pour le rachat de Twitter] is temporarily suspended“, the billionaire adds to be”always engagedto acquire the social network. The action of … Read more

Elon Musk wants to fight deforestation and connect the Amazon

The billionaire’s company SpaceX will deploy satellite internet over the Amazon rainforest, which will also help detect illegal deforestation. The American multi-billionaire Elon Musk announced Friday in Brazil the launch of a program of “environmental monitoringof the Amazon and improving its internet access, just before a meeting with President Jair Bolsonaro. “I’m super excited to … Read more

Elon Musk announces that the takeover of Twitter cannot be done without guarantee on fake accounts

Tesla’s CEO wants assurances that less than 5% of Twitter accounts are fake. The social network claims to want to go through with the transaction, at the agreed price. Tesla boss Elon Musk said on Tuesday that the takeover of Twitter would not be completed until he was guaranteed that less than 5% of the … Read more

Elon Musk becomes first shareholder of the social network Twitter

The billionaire acquired a minority stake of 9.2%, but did not disclose his intentions. What is Elon Musk playing? The elusive founder of Tesla and SpaceX created a surprise on Monday by becoming the first shareholder of the social network Twitter. The richest man in the world, according to the Bloomberg ranking, owns 73.5 million … Read more

Twitter’s legal team allegedly accuses Elon Musk of breaching a confidentiality agreement

The social network would have criticized him for having revealed the size of the sample used by the company to verify the extent of the phenomenon of fake accounts on the platform. Yet another twist around the takeover of Twitter by Elon Musk. This Saturday, the boss of Tesla explained that he had received a … Read more

Elon Musk aims to quintuple Twitter revenue by 2028

The plan presented to investors plans to quadruple the audience and develop subscriptions. The management of Twitter has never been able to increase the number of users of the social network or monetize them well? This does not scare its new owner, Elon Musk, who says he is ready to take up the challenge. The … Read more