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Twitter, Inc. was an American social media ... it was reported that Musk offered to proceed with the deal at the original offer price of $54.20 per share. [70 ...
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [18] Later that month, Musk applied to merge X Holdings I with X Holdings Corp. and Twitter, Inc. with X Corp. [9] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
Twitter, officially known as X since July 2023, is a social networking service.It is one of the world's largest social media websites and one of the most-visited websites. [3] [4] Users can share short text messages, images, and videos in short posts commonly known as "tweets" or "retweets" (officially "post" or "repost") and like other users' content. [5]
The Twitter Files are a series of internal documents from Twitter, Inc. released between December 2022 and March 2023. After acquiring Twitter on October 28, 2022, CEO Elon Musk provided these documents to journalists Matt Taibbi, Bari Weiss, Lee Fang, and authors Michael Shellenberger, David Zweig, and Alex Berenson.
Jack Patrick Dorsey (born November 19, 1976) [3] is an American Internet entrepreneur, philanthropist, and programmer, who is a co-founder and former CEO of Twitter, Inc. from 2015 until 2021, as well as co-founder, principal executive officer and chairman [4] of Block, Inc., which is the developer of the Square financial services platform.
Twitter shares fall in price by about 18% based on their disappointing quarterly revenue ($436 million), earning, and user growth numbers. [112] [113] [114] The drop begins even before Twitter's official announcement because the results are scraped by financial intelligence firm Selerity from Twitter's website. [115] [116] 2015: May 18: Product
AdGrok announced on May 31, 2011, that Twitter had acquired it. [34] TechCrunch reported that the acquisition price was slightly below $10 million. [36] While co-founders McEachen and Zymnis joined Twitter, co-founder García Martínez joined Twitter rival the Facebook ads division as a product manager. [34]