Elon Musk trashes Twitter and tries to walk out on deal
July 12, 2022
Elon Musk went public with criticisms of Twitter’s business and financial weaknesses after having made a deal to acquire the company. Now he wants to back out. Twitter’s board is crying foul and seeking to force Mr. Musk to hold to his bargain.
Recent News
Apple’s Record-Breaking $110B Stock Buyback
Apple Inc., one of the world’s largest tech companies, has just made history with the largest stock buyback ever seen in the United States. The announcement comes as the tech giant’s board approved an additional $110 billion in share repurchases.
Moderna COVID-19 Vaccine Sales Drop 91%
Moderna’s only product is the vaccine that became popular during the pandemic.
Norwegian Cruise Line: No Clothes, No Problem on ‘The Big Nude Boat’
Clothing-optional vacations from Norwegian Cruise Line will start next year.
Sony and Apollo Express Interest in $26B Paramount Buyout Amid Skydance Merger Talks
Sony Pictures and Apollo Global Management have sent a letter to the Paramount Global board showing their interest in buying the company for around $26 billion.