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The website went live on 26 August 2005. [10] The homepage featured a Web banner with the site's name and a pixel counter displaying the number of pixels sold, a navigation bar containing nine small links to the site's internal web pages, and an empty square grid of 1,000,000 pixels divided into 10,000 100-pixel blocks. [11]
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]
[58] [59] Twitter's board introduced a "poison pill" strategy on April 15, which would allow shareholders to buy additional stock should a hostile takeover occur as a means to block Musk's takeover. [60] On April 20, Musk secured $46.5 billion in funding as a tender offer, which the board accepted on April 25. [61] [62] [63]
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On October 28, 2022, after much speculation, he purchased social media platform for $44 billion. According to Bloomberg, he not only overpaid for the company but lost $10 billion in the process.
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