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Elon Musk Twitter Deal Live Updates: Elon Musk has finally completed the $44 billion Twitter deal and plans to become Twitter’s CEO. Musk visited Twitter’s San Francisco HQ a day earlier carrying a sink, hinting to close the acquisition deal before the October 28 deadline.
the bird is freed
— Elon Musk (@elonmusk) October 28, 2022
Elon Musk Takes Over Twitter Live Updates
Vitalik Buterin Wants Twitter HQ In Switzerland
Ethereum co-founder Vitalik Buterin believes Elon Musk should shift Twitter headquarters to Switzerland.
Elon Musk's Twitter Must Comply With India's Law
Rajeev Chandrasekhar, India’s minister of state for electronics and information technology, said Elon Musk’s acquisition of Twitter will not change needed compliance with India’s existing and upcoming IT rules. The move comes as Elon Musk plans to reverse bans on users.
Twitter Shares Trades Strongly After Acquisition
Twitter shares continue to trade strongly after Elon Musk’s $44 billion Twitter acquisition. Currently, the share price is trading at $53.70, near the deal price of $54.20 per share.
EU Commissioner Warns Elon Musk
European Commissioner Thierry Breton tweeted “In Europe, the bird will fly by our rules.” He reminded Elon Musk about the EU’s content moderation laws. The Digital Services Act allows governments to enforce how tech companies moderate content.
Three Fired Executives To Get Over $200 Million
According to Twitter’s filing with the Securities and Exchange Commission (SEC), Elon Musk must pay over $200 million to Parag Agrawal, Ned Segal, and Vijaya Gadde. It includes Twitter shares, severance, and other compensation.
Binance Confirms Participation in Twitter's Acquisition
Binance CEO “CZ” confirms participation as equity investor in Elon Musk’s $44 billion Twitter deal. He said Binance committed $500 million for the acquisition to prioritize focus on reducing spam and scams on the platform.
Twitter Eases NFT Buying And Selling
Twitter will allow users to see NFTs on tweets, making it easier to buy and sell them. NFTs on @rarible, @MagicEden, @dapperlabs and @Jumptradenft
will show a larger picture and more details on feed.
Elon Musk, Parag Agrawal Memes Floods Twitter
Elon walking into Twitter HQ today and commencing the purge. pic.twitter.com/m3Afnw4rmP
— Hsaka (@HsakaTrades) October 28, 2022
#ParagAgrawal
We love this video😀🤣 pic.twitter.com/kUfEWi3zqv— R.V (@RadhaVashisht12) October 28, 2022
Dogecoin (DOGE) Price Plunges After Twitter Deal
Dogecoin (DOGE) price jumps over 21% on Thursday, making a high of $0.084. The DOGE price has since fell to $0.072 (INR 5.93), down nearly 7% in the last 24 hours.
Musk Plans To Become CEO, Reverse Lifetime Bans
Elon Musk plans to become Twitter’s interim CEO. Moreover, he is reportedly looking to reverse lifetime suspensions of users including Donald Trump.
Elon Musk Fires Top Twitter Executives
Top Twitter executives including CEO Parag Agrawal and CFO Ned Segal resigned after Musk officially takes over Twitter. Some reports also reveal that Musk indeed fired Parag and escorted him out of the building.
Others include Vijaya Gadde, the head of legal, policy and trust, and Sean Edgett, general counsel.
Elon Musk Completes $44 Billion Twitter Deal
Elon Musk completed the $44 billion Twitter acquisition deal on Thursday evening after six months of long and complicated disputes.
