Elon Musk lugs sink into Twitter HQ as $44B deal deadline looms
Musk faces a Friday deadline to complete his on-again, off-again acquisition of the ailing social media company.
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Musk faces a Friday deadline to complete his on-again, off-again acquisition of the ailing social media company.
Elon Musk plans to lay off most of Twitter's workforce if and when he becomes owner of the social media company.
Trial is on hold until October 28 to allow Musk time to line up financing for his $44 billion takeover of the social media company.
Billionaire Elon Musk said Tuesday he intends to reverse Twitter's ban against former President Donald Trump. CBS News' Tanya Rivero and Dan Patterson break down this announcement with CBS News tech reporter Dan Patterson.
The new plan has two tunnels connecting the Rancho Cucamonga train station to Terminals 2 and 4 at the Ontario Airport. Marci Gonzalez reports.
A small but influential court in Delaware could make it harder for the Tesla founder to wriggle out of $44 billion deal.
After billionaire Elon Musk said that he was abandoning his $44 billion buyout, Twitter vowed to pursue him in court.
Twitter is laying off a portion of its recruiting team after previously saying it would pause most hiring.
"I no longer live with or wish to be related to my biological father in any way, shape or form," Vivian Jenna Wilson stated in court papers.
Lawyers for the Tesla CEO accused Twitter of withholding information on the true number of bots on the platform.
Billionaire businessman and Tesla CEO Elon Musk is reportedly considering cutting 10% of Tesla's workforce after having a "super bad feeling" about the current state of the economy.
Tesla CEO says employees who don't show up to the electric car maker's offices will be assumed to have resigned.
News alleviates investor doubts over billionaire's resolve, sending Twitter stocks up 5.5% in after-hours trading.
Tesla founder says his $44 billion purchase of the social media giant is being held up by questions over spam and fake accounts.
Musk said Twitter's permanent suspension of Trump in the days following the January 6 attack "was morally wrong and flat out stupid."
The world's richest man tweeted that he doesn't intend to sell any more Tesla shares.
The campaign has raised questions over the legitimacy of his run for Senate, or if it's primarily a grounds for O'Dowd to attack his competitor in Tesla. CBS Political Reporter Tom Wait spoke with the Santa Barbara tech millionaire, who clarified why he's entered the race, despite declining to campaign against any other competitors, or touch on any other issues.
Social media company is a "digital town square where matters vital to the future of humanity are debated," billionaire says.
Social media company's board is set to accept Musk's bid to buy the company for $43 billion, according to media reports.
The social media company said the plan doesn't prohibit an acquisition if it is in the "best interests of Twitter and its shareholders."
Billionaire founder of Tesla launches hostile bid for the social media company, saying it "needs to be transformed."
Despite becoming a 9.2% shareholder in Twitter, Elon Musk has reportedly opted not to join their board after discussing the matter with CEO Parag Agarawal.
Twitter's CEO Parag Agarawal announced the decision Sunday evening.
Tesla CEO, who has raised questions about the social media platform's policies, is purchasing 9.2% of Twitter's shares.
Despite the ongoing supply chain crisis, electric vehicle manufacturer Tesla reported a 68% increase in production in the same time in 2021, delivering over 300,000 vehicles in the first quarter of 2022.
