Twitter takeover

Dogecoin (CRYPTO: DOGE) surged almost 12% higher at one point during Thursday’s 24-hour trading session but was smacked down about 5% off the high-of-day, which caused the crypto to fall under the 200-day simple moving average (SMA). In The News: Sentiment in Dogecoin is turning bullish...

Let’s face it: Elon Musk has been in the news a lot recently. But, while everyone is talking about his bid for Twitter Inc (NYSE: TWTR), Tesla Inc (NASDAQ: TSLA) stock has dropped nearly 20% in the last week alone. Last Friday, the stock opened above $1,000 a share. Mid-morning Thursday,...

A leveraged buyout is simply defined as the purchase of a controlling share in a company by its management using outside capital. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk took billions in leveraged loans to take control of Twitter Inc (NYSE: TWTR) with funding from banks such as Barclays...

The European Union passed landmark legislation on Saturday that will force Twitter Inc (NYSE: TWTR) and other companies to combat hate speech and misinformation. What happened: The Digital Services Act (DSA) would compel tech companies to bear responsibility for the information that appears on...

The world's richest person and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk sent a tweet suggesting that those who criticize his acquisition of social media giant Twitter Inc (NYSE: TWTR) are afraid of free speech ideals being realized on the platform. What Happened: On Tuesday...

Controversial Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has Wall Street buzzing after social media platform Twitter Inc (NYSE: TWTR) accepted Musk's hostile takeover bid to take Twitter private for $44 billion. Twitter's board of directors accepted Musk's bid on Monday after initially...

Bluesky, the project developing a decentralized Twitter Inc. (NYSE: TWTR) alternative announced in 2019, distanced itself from its parent company after it was acquired by tech tycoon and the world's richest man Elon Musk. What Happened: In a Monday Twitter thread,...

No, this time it's for real. On the evening of April 19, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk sent a mysterious tweet: "___ is the Night." Filling in the blank would be "Tender" since Musk intends to make a tender offer to purchase 100% of Twitter Inc (NYSE: TWTR),...