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The Wall Street Journal opined in 2024 that the $13 billion Musk had borrowed to buy Twitter was "the worst merger-finance deal for banks" since the 2007–2008 financial crisis, adding that the "allure" of banking Musk had proved "too attractive to pass up". [393]
Character Limit chronicles the rise and fall of Twitter after Elon Musk's tumultuous $44-billion-dollar acquisition. The book showcases Musk's volatility, highlighting the actions that led to the company's drastic devaluation and the resurgence of unmoderated hate-speech, misinformation, and white nationalism on the platform.
Twitter, Inc. was an American social media company based in San Francisco, California, which operated and was named for its flagship social media network prior to its ...
The Motley Fool recommends the following options: long January 2027 $42.50 calls on PayPal and short December 2024 $70 calls on PayPal. The Motley Fool has a disclosure policy . Show comments
This past week, Deutsche Bank chief global strategist Binky Chadha set a 2025 year-end S&P 500 target of 7,000, matching Yardeni Research's target for the most bullish calls tracked by Yahoo Finance.
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.
Had Trump lost in 2024, corporate America would have happily reverted to business as usual. ... Rick Newman is a senior columnist for Yahoo Finance. Follow him on Twitter at @rickjnewman.
Twitter, officially known as X since 2023, is a social networking service.It is one of the world's largest social media platforms and one of the most-visited websites. [4] [5] Users can share short text messages, images, and videos in short posts commonly known as "tweets" (officially "posts") and like other users' content. [6]