Elon Musk dissolves Twitter board, becomes new CEO
02 November 2022 | 6:34 pm
Elon Musk said afterwards in a tweet that the arrangement is only temporary. It is unclear if or when he will name a new board.
We take a closer look at the bid by the world's richest man to buy Twitter for $43 billion. Elon Musk would need the backing of major investment firms for the hostile takeover. We explore what a potential purchase could mean for free speech on Twitter and find out why Musk's asking price may have a drug-related reference. Also on the show, we report on why the price of fertilisers is skyrocketing and we get the latest on a fuel shortage in Kenya.
The billionaire entrepreneur says he has secured $46.5 billion in financing for his bid to take over the social media giant Twitter. The Tesla and SpaceX owner says he is "exploring whether to commence a tender offer."
Gbenga Agboola, Flutterwave CEO has responded to the allegations of sexual assault and fraud he is accused of by the West Africa Weekly newsletter.
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
The world's richest man appears to have succeeded in his $44 billion takeover of one of the internet's most influential social networks, but what comes next? From finding a new CEO, to confronting new EU regulations, to boosting lacklustre performance, Twitter's future as a private company under Elon Musk will be filled with challenges. FRANCE 24's Bryan Quinn takes a closer look.
Elon Musk has promised big changes at Twitter, after the social media platform accepted his takeover bid worth $44 billion. But the acquisition has sparked concern about how Musk will balance a commitment to free speech with rules about moderating content, as well as questions about his links to China. Meanwhile, Musk's electric car company Tesla has been rebuffed by Indian officials, who say they won't import the brand's cars from China.
After buying Twitter for $44 billion, Elon Musk is promising to protect free speech and bring about much-needed changes, including taking on bots and introducing an edit button to the platform. We take a closer look at the billionaire Tesla founder. For more analysis on what changes the latter might bring to Twitter, we speak to Chris Bail, Director of the Polarization Lab at Duke University.
After Elon Musk's $44 billion bid to buy Twitter was accepted, rumours exploded on social media, claiming that Musk had reinstated former US president Donald Trump on the platform. However, Trump's Twitter account is still suspended. Meanwhile, in the Johnny Depp and Amber Heard defamation trial, Heard's legal team is getting grilled in the court of public opinion over... makeup claims. We tell you more in this edition of Truth or Fake.
In the World This Week, UN Secretary General Antonio Guterres tries to negotiate humanitarian corridors in Ukraine while on a visit to Kyiv. French President Emmanuel Macron's re-election honeymoon period proves short-lived, with the focus quickly turning to June legislative elections. And Tesla founder Elon Musk makes a $44 million offer for social media platform Twitter.
Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.
Twitter has published an account of its deal with Elon Musk suggesting his concerns about "fake users" only arose after setting a price. The Tesla mogul's takeover is not yet complete, with Musk calling it into question.
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