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Price (USD) Category Background information References 1 July 15, 2008: Summize Social search US: Summize was a search engine founded by Jay Verdy. [1] Using Twitter stock to fund the takeover, Twitter announced in July 2008 it had acquired Summize. Summize had six employees, all of whom joined Twitter except for Verdy. [1]
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 Securities and Exchange Commission sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in ...
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.
Twitter's share price rose more than 27% following that disclosure, the SEC said. Tuesday's lawsuit seeks to force Musk to pay a civil fine and disgorge profits he didn't deserve.
Following months of endless twists and turns, the $44 billion Twitter saga has finally come to an end and the "bird is freed," as Elon Musk tweeted on Oct. 27. The New York Stock Exchange has...
Twitter announces it had surpassed 200 million monthly active users. Twitter hit 100 million monthly active users in September 2011. [69] 2013: March 24: Product: Line breaks [70] [71] [72] 2013: April 18: Product: Twitter launches a music app called Twitter Music for the iPhone. [73] 2013: June 13: Product: Shutdown of public site API "1.0 ...
Last week, Musk laid off some 3,700 Twitter employees, or roughly half of its workforce. Correction: Twitter laid off 3,700 workers. A prior version of this article misstated that number.