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Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due ...
Musk underpaid by more than $150 million by failing to disclose his stake in Twitter, the SEC alleged. ... 2024. (Andrew Harnik/Getty Images) ... who President Joe Biden nominated in 2021 ...
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
The first four tables show only the largest one-day changes between a given day's close and the close of the previous trading day, [1] [2] not the largest changes during the trading day (i.e. intraday changes).
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The name Twitter (spelled twttr at the time and using a green site logo [5]) is chosen for the service. The idea for the name is attributed to Noah Glass. [6] [7] 2006: March 21: Creation: Twitter is officially set up and Jack Dorsey sends the first tweet. [8] 2006: July 15: Media coverage
It reported last month that it has generated nearly $91.17 billion in revenue and $50.79 billion in net income over the first three quarters of 2024, marking massive year-over-year increases.