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The Latest Breaking News from TED

Where will Elon Musk get cash for Twitter?

Elon Musk and Twitter Inc reached an agreement for the world’s richest man to buy the social networking platform for US$44 billion, resolving the pressing question of whether the company’s board would consent to the leveraged buyout deal.

Bangkok Post

Elon Musk’s Twitter takeover: Five things that might change on the hellsite

Elon Musk – South Africa born billionaire, dude who’s building the internet in space, meme lord, and promoter of Ponzi schemes like Dogecoin – has finally done what he’s been talking about for a few weeks. A hostile takeover of Twitter.

Newslaundry

Elon Musk's $21 billion mystery: Where will he get cash for Twitter?

SAN FRACISCO: Elon Musk and Twitter Inc reached an agreement for the world's richest man to buy the social networking platform for $44 billion, resolving the pressing question of whether the company's board would consent to the leveraged buyout deal.

The Times of India

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Elon Musk Buys Twitter, Twitter's Biggest Egos Melt Down

The SpaceX/Tesla founder and billionaire has articulated lofty free speech ideals. Can he make them reality?

Reason

Elon Musk to buy Twitter in £34billion deal which is expected to close this year

Musk said he wanted to buy the social media site because he thinks it is not living up to its potential as a platform for "free speech".

Daily Record

Elon Musk reaches £34bn deal to buy Twitter

Musk had already rejected a position on the company’s board which would’ve stopped the tech mogul from taking over Twitter

Evening Standard

The rich haven’t just gotten richer – they’ve also gotten a lot more selfish

US billionaires now own a combined $4.7tn, according to a new analysis – but to Elon Musk, since he doesn’t have a yacht or own a home, that’s totally OK

The Guardian - US

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Elon Musk responds to Bengaluru man who tweeted 'he was not founder of Tesla'

SAN FRANCISCO: Tesla CEO Elon Musk has re-clarified the story of the electric vehicle company's early days to a Bengaluru-based man who tweeted that "Elon Musk was not the founder of Tesla. He acquired it".

The Times of India

Musk spends years silencing critics, wants free speech on Twitter

If Elon Musk can take over Twitter Inc, his biggest promise is to transform it into a platform for free speech with few restrictions — something he calls “essential to a functioning democracy.” But Musk, who is famously sensitive to criticism, has a mixed record on championing the cause.

Bangkok Post

Judge rejects gag order in suit over 2018 Elon Musk tweets

A federal judge in California has rejected a request from shareholders in a lawsuit to force Elon Musk stop talking about his 2018 tweets in which he said the funding to make Tesla a private company

The Independent UK

Could Starlink Go Public Via SPAC? Rumors Of Palihapitiya Deal Increase

Retail investors love a good story for stocks, as well as love the opportunity to get into some potential growth stories on the ground floor. SPACs were one of the hottest stories in 2020 and 2021 but have fallen out of favor with many companies trading well below the $10 price…

Benzinga

World’s richest man Elon Musk says he’s homeless and ‘rotates’ among friends’ houses

Tesla and Space X founder has an estimated net worth of $251bn

The Independent UK

Twitter adopts ‘poison pill’ to ward off Musk takeover

Twitter Inc. adopted a measure that would shield it from hostile acquisition bids, taking steps to thwart billionaire Elon Musk’s unwelcome offer to take the company private and attempt to make it a bastion of free speech.

Tribune News Service

Twitter adopts 'poison pill' defense in Musk takeover bid

Twitter said in a statement Friday that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company and take it private

The Independent UK

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Tribune News Service

Twitter adopts ‘poison pill’ to ward off Musk takeover

Bangkok Post

Twitter expected to counter Musk takeover

Twitter was expected to unveil its counterattack against Elon Musk as soon as Friday by putting in place a corporate manoeuvre known as a poison pill, according to two people familiar with the company’s plans who were not authorised to speak publicly.

Axios

Billionaires eye parallel media universe

Tech moguls willing to spend big on "free speech" crisis

Evening Standard

Ted Baker puts up ‘for sale’ sign after flurry of unsolicited bids

The high street retailer has now received multiple approaches to acquire the business

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Los Angeles Times

How Amanda Seyfried found her (deep) voice as Elizabeth Holmes in 'The Dropout'

Amanda Seyfried is leaning into her computer's camera for an impromptu tutorial. When it was announced that she would be playing disgraced Silicon Valley darling Elizabeth Holmes in a new Hulu limited series, most of the focus was on whether she could convincingly mimic Holmes' famous deep baritone.

Chicago Sun-Times

Dana Evans is taking care of business, on and off the court

Evans is currently playing overseas in Hungary. She suffered a partial tear in her abdomen and is expected to be back on the court in the next couple of weeks.

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