Elon Musk reaches deal to buy Twitter for $44bn. - News Summed Up

Elon Musk reaches deal to buy Twitter for $44bn.


919 postsJoined: Jun 2007Senior Member919 postsJoined: Jun 2007https://www.theguardian.com/technology/2022...over-deal-teslaElon Musk has reached a $44bn deal to buy Twitter in a takeover that will give the world’s richest man control of a social network with more than 200 million users. “Twitter has a purpose and relevance that impacts the entire world,” Twitter’s chief executive, Parag Agrawal, said in a tweet confirming the sale. The Musk takeover has been unexpected and controversial amongst Twitter employees. Its co-founder Jack Dorsey stepped down as chief executive officer in November 2021, handing the reins to Agrawal, the company’s former chief technology officer. The Musk takeover has been unexpected and controversial amongst Twitter employees.


Source: The Guardian April 26, 2022 04:25 UTC



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